Market Research Report
Ambulatory Surgical Centers Market Size By Ownership, By Surgery Type, By Specialty Type By Service, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 - 2025
|Published by||Global Market Insights Inc.||Product code||633420|
|Published||Content info||220 Pages
Delivery time: 2-3 business days
|Ambulatory Surgical Centers Market Size By Ownership, By Surgery Type, By Specialty Type By Service, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 - 2025|
|Published: July 23, 2019||Content info: 220 Pages||
Ambulatory Surgical Centers Market Size By Ownership (Physician Only, Hospital Only, Corporation Only, Physician & Hospital, Physician & Corporation, Hospital & Corporation), By Surgery Type (Dental, Otolaryngology, Endoscopy, Obstetrics/Gynecology, Ophthalmology, Orthopedic, Cardiovascular, Neurology, Plastic Surgery, Podiatry, Others), By Specialty Type (Single Specialty, Multi-specialty) By Service (Diagnosis, Treatment), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 - 2025.
Ambulatory Surgical Centers size will exceed USD 93 billion by 2024; as per a new research report.
Increasing prevalence of auto immune diseases such as diabetes, rheumatoid arthritis, inflammatory bowel diseases have widened the scope of ambulatory surgical centers. Growing incidences of accidents that require critical surgeries have increased the demand for ambulatory surgical centers. Furthermore, the trend for early diagnosis of any disease to better plan the treatment is increasing over the globe and rising incidences of neurological disorders due to genetic defects have impacted the market growth positively. Advancements in technology have developed the automated devices making diagnosis easier and affordable that has encouraged the demand for ambulatory surgical centers market.
Increase in number of government initiatives in both developed and developing countries will further boost growth for ASCs market. Initiatives taken by public and private entities have improved quality of services provided by healthcare facilities with upgradation in technologies that have elevated the market demand. Progress in private as well as public insurance payers sectors have fueled market for ASCs. However, high costs of medical devices used for various procedures that are done at ASCs will restrain overall market growth.
Ambulatory surgical centers are majorly owned by physicians. These surgical centers provide surgical treatments with less complications and are therefore are preferred by patients for surgical procedures. Partnering with hospitals or ASCs management companies may affect the surgical procedures and make them complicated.
Ophthalmology accounted for over 15% of industry share in 2017 owing to surgeries that do not need more than a day to recover and form one of the major segments. Ambulatory surgical centers undertake less complicated surgeries such as cataract, corneal surgery, eye muscle surgery. High demand for ophthalmic surgeries is due to increasing number of eye disorders. Diabetes and high blood pressure have resulted in increase of eye disorders that have given a rise in the demand for surgeries that has favored the segment growth.
Multispecialty ambulatory surgical centers form the leading market segment. Availability of treatments for various diseases at a single center will simplify the treatment for patients. Patients will get treatment for different diseases at a single center and that will prove beneficial for owner and patients both.
In North America U.S. will dominate the ambulatory surgical centers market owing to increasing geriatric population and increasing healthcare also major ASC companies are functional in U.S. and there is ample reimbursement for various procedures that are been done at ASCs.
Germany ambulatory surgical centers market contributed to more than 25% of regional industry share in 2017 due to increasing demand for surgeries and developments in healthcare industry along rise favorable regulatory policies. Superior quality of healthcare services and medical devices has boosted demand for ambulatory surgery centers that has impacted the market growth positively.
Rising geriatric population base has increased market growth for ambulatory surgery centers in China. Government initiatives and investments have encouraged the major players to manufacture better quality medical devices for the ambulatory surgery centers.
Some of industry players operating in ASCs market are AmSurg, Ambulatory Surgical Centers of America, ASD Management, Covenant Surgical Partners, Hospital Corporations of America, Physicians Endoscopy, Surgcenter Development, Proliance surgeons, Regent Surgical Health, Surgical Care affiliates, Surgical Management Professionals, Surgery Partners and Tenet/USPI.
Expansions through mergers and acquisitions have increased the revenues for companies by increasing the operational capabilities. These companies focus on providing efficient solutions to patients thereby increasing profits for the company.