The global ambulatory surgical centers market size is estimated to be growing at a CAGR of 31.25% from 2022 to 2027 and worth USD 11.91 billion by 2027 from USD 3.06 billion in 2022.
Ambulatory surgical centers or outpatient care are specialized hospital centers that provide the patient with the option to leave immediately after surgery and recover at a place of their comfort, be it at home or special residential patients. This ensures the patients get the freedom of choosing where to recover peacefully and cuts down on immense hospital expenses from staying at the hospital overnight and for days after surgery. The patients are monitored through remote care and advised to use devices for self-regulation and care during recovery. There are some exceptions to ambulatory care as in some surgical procedures, it is impossible to provide ambulatory care due to severe circumstances, but when the patient can live with family or on their outside, ambulatory care is an excellent way of recovery which is budget friendly and give physical, and psychological freedom to patients.
Impact of COVID-19 on the global ambulatory surgical centers market:
Around the world, the COVID 19 epidemic has brought about a problem for numerous industries and businesses. It was difficult to increase sales since the supply and production chains were interrupted by the strict lockdown and quarantine regulations. The outcome was that there was a global economic recession. One of the most severely impacted industries was the healthcare industry, which was under tremendous strain due to a constant influx of patients and a lack of resources.
However, the pandemic has positively impacted the ambulatory surgical care market.
The demand for multi-specialty centers rose as the hospitals got very crowded, and healthcare centers postponed surgical procedures as it became difficult to accommodate patients in the hospitals due to a lack of beds. As a result, most hospital beds and resources were being used for the covid-19 patients, which led to an increase in the demand for ambulatory services, which enable remote care and help reduce the staying of patients at hospitals. In addition, these elective surgical care procedures helped healthcare centers cope with the crisis. Therefore, the pandemic left a positive impact on ambulatory surgical centers.
As ambulatory surgical centers do not require the patient to stay in after the surgery, it provides numerous advantages to the patients and the hospitals, leading to the growth of the ambulatory surgical centers market. However, the rapid influx of inpatient surgical procedures in the hospitals burden them with providing care for all the patients. As a result, the patients end up paying large amounts for hospital services. Therefore, the rising healthcare costs and the need for more outpatient options, especially in the cases of non-invasive and minor surgeries id pushing the market forward. In addition, the growing I.T. solutions like telehealth and remote patient monitoring and care are also driving the market growth.
Additionally, the prevalence of chronic disease and conditions needing surgery and the growing acceptance of ambulatory care among populations are expected to drive the market's growth.
Government support and favorable reimbursement to support ambulatory care centers market growth.
The government is focusing on the development of day-care surgery centers. In addition, it offers alternate healthcare services to try and accommodate more patient care leading to an expansion of the ambulatory surgical centers. The outpatient services also have favorable reimbursement policies and provide people with proper medical and insurance coverage, making it easier to afford the expenses.
The high deployment costs and the uncertainty and lack of credibility among patient populations regarding ambulatory services due to being unable to adopt the new methods are expected to restrain the growth of the global ambulatory surgical centers market.
Market Size Available
2021 to 2027
2022 to 2027
By Component, Specialty Type, Application & Region
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, Drivers, Restraints, Opportunities, Challenges, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, Asia Pacific, Latin America, Middle East & Africa
This research report on the global ambulatory surgical centers market has been segmented and sub-segmented based on component, specialty type, application, and region.
Global ambulatory surgical care centers by products and services,
Based on the products & services, the clinical IT solutions accounted for the largest share of the ambulatory surgical centers market in 2021. The segment's dominance is due to the high need to cut down on high medical expenses and improve the efficiency of healthcare settings by eradicating medical errors. Therefore, the need for proper regulation is driving the segment's growth.
Ambulatory Surgical Centers Market – By Specialty:
Over the forecast period, the multi-specialty segment witnessed a significant share in the ambulatory surgical centers market in 2022. Furthermore, it is likely to continue its growth trend during the forecast period. The segment is attributed to the favorable reimbursement policies and the sheer number of surgeries performed in the multi-specialty care centers.
Ambulatory Surgical Centers Market – By Component:
Based on the components, the services segment is forecasted to record a significant share in the ambulatory surgical centers market during the forecast period. The rise in the services sector is because of the complexity of software and the need to integrate it and ensure interoperability. In addition, the rising demand for outpatient care services is leading the market to grow.
Ambulatory Surgical Centers Market – By Region:
North America is anticipated to be leading the market for ambulatory surgical centers worldwide throughout the forecast period. Factors such as the quick adoption of ambulatory healthcare services, especially surgical centers, to bring healthcare costs more affordable are significantly favoring this region to stand as the regional market leader in the global market. The pressure on the hospitals has been increasing in North America due to the increasing patient volume and surgical procedures, which has allowed the ambulatory surgical centers to accelerate quickly in this region. Many key market participants are in this region, which is an additional advantage to positioning the lead among the other regions.
On the other hand, the Asia-Pacific ambulatory surgical centers market is forecasted to register the highest CAGR of 33.63% from 2022 to 2027. The patient population is significantly growing in emerging nations like China, India, Japan, and North Korea, which is demanding more ambulatory surgical centers and is providing an ample opportunity to this region to register significant growth.
TOP COMPANIES IN THIS MARKET:
Community Health Systems, Inc., Edward-Elmhurst Health, Envision Healthcare Corporation, Group Eifelhohen-Klinik AG, Healthway Medical Group, MEDNAX Services, Inc., NOVENA GLOBAL HEALTHCARE GROUP, INC., Prospect Medical Group, Quorum Health Corporation, and SurgCenter Development are a few of the noteworthy companies operating in the global ambulatory surgical centers market profiled in this report.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Ambulatory Surgical Centers Market, By Specialty
6.1.1 Single Specialty
6.1.3 Market Size Estimations & Forecasts (2022 - 2027)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Ambulatory Surgical Centers Market, By Component
6.2.4 Market Size Estimations & Forecasts (2022 - 2027)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Ambulatory Surgical Centers Market, By Application
6.3.4 Pain Management/Spinal Injections
6.3.5 Plastic Surgery
6.3.6 Market Size Estimations & Forecasts (2022 - 2027)
6.3.7 Y-o-Y Growth Rate Analysis
6.3.8 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Ambulatory Surgical Centers Market, by Region
7.2 North America - Market Analysis (2022 - 2027)
7.2.1 By Country
7.2.2 By Specialty
7.2.3 By Component
7.2.4 By Application
7.3.1 By Country
184.108.40.206 Rest of Europe
7.3.2 By Specialty
7.3.3 By Component
7.3.4 By Application
7.4 Asia Pacific
7.4.1 By Country
220.127.116.11 South Korea
18.104.22.168 South East Asia
22.214.171.124 Australia & NZ
126.96.36.199 Rest of Asia-Pacific
7.4.2 By Specialty
7.4.3 By Component
7.4.4 By Application
7.5 Latin America
7.5.1 By Country
188.8.131.52 Rest of Latin America
7.5.2 By Specialty
7.5.3 By Component
7.5.4 By Application
7.6 Middle East and Africa
7.6.1 By Country
184.108.40.206 Middle East
7.6.2 By Specialty
7.6.3 By Component
7.6.4 By Application
8. Key Player Analysis
8.1 Community Health Systems, Inc.
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Edward-Elmhurst Health
8.3 Envision Healthcare Corporation
8.4 Group Eifelhohen-Klinik AG
8.5 Healthway Medical Group
8.6 MEDNAX Services, Inc.
8.7 NOVENA GLOBAL HEALTHCARE GROUP, INC.
8.8 Prospect Medical Group
8.9 Quorum Health Corporation
8.10 SurgCenter Development
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures
The global ambulatory surgical centers market size was valued at USD 2.33 billion in 2021.
Based on the component, the services segment led the market for ambulatory surgical centers market in 2021.
The APAC ambulatory surgical centers market is anticipated to be the fastest growing regional market in the global market.
The Europe ambulatory surgical centers market is forecasted to grow by USD 3.45 billion by 2027.
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