Global Ambulatory Surgical Center Market, By Center Type (Single Specialty Centers, Multispecialty Centers), By Modality (Hospital-Based Ambulatory Surgical Center, Freestanding Ambulatory Surgical Center), By Services (Diagnostic Services, Surgical Services), By Specialty Area (Gastroenterology, Ophthalmology, Orthopedics, Pain/Neurology, Urology, Dermatology, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 96.19 Billion in 2023 and is expected to exhibit a CAGR of 4.2% during the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.
To bring patient-centered, high-quality care to more communities the key market players are engaged in adoption of growth strategies such as partnership which is expected to offer significant growth opportunities for players in the global ambulatory surgical center market. For instance, on February 08, 2023, United Surgical Partners International (USPI), the largest ambulatory surgery platform in the country and a subsidiary of Tenet Healthcare, and Providence, a not-for-profit health system serving the Western U.S., announced that they had signed a new development agreement that will increase access to ambulatory surgical services across many communities. This partnership allows Providence to increase access to more affordable ambulatory surgery services.
Global Ambulatory Surgical Center Market– Impact of Coronavirus (COVID-19) Pandemic
The World Health Organization (WHO) designated the illness caused by the Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), which first appeared in Wuhan (province of Hubei, China) in the last months of 2019 as "coronavirus disease 2019" or COVID-19. This virus spread quickly and had a serious negative impact on the economies, social behaviors, and healthcare of every country in the world.
COVID-19 affected the economy in three main ways: by directly affecting production and demand, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to the lockdown, several countries such as India, China, Brazil, and others faced problems with regard to the transportation of drugs from one place to another.
COVID-19 had a positive impact on the global ambulatory surgical center market. The lack of hospital capacity due to the COVID-19 surges likely has accelerated the expansion of ambulatory anesthesia practice. Moreover, prior to the pandemic, ambulatory surgical centers and non-operating room anesthesia practices typically obtained supplies from a limited number of vendors in countries with low labor costs and maintained minimal excess supplies to lower the expenses.
Global Ambulatory Surgical Center Market: Key Developments
In July 2022, Southeastern Spine Institute Ambulatory Surgery Center, an affiliate of United Surgical Partners International (USPI), launched its robotic-assisted surgery program. The Center will utilize the system to perform total knee replacements.
In November 2022, The Surgery Center at Tampa General Hospital (TGH) and the TGH Surgery Center at Morsani had named to Newsweek's list of Best Ambulatory Surgery Centers for 2023. This marks the third consecutive year that both centers are on the list (the Center at Morsani was included in 2021 under its former name, the USF Ambulatory Surgery Center).
Browse 35 Market Data Tables and 34 Figures spread through 170 Pages and in-depth TOC on “Global Ambulatory Surgical Center Market”- Forecast to 2030, Global Ambulatory Surgical Center Market, By Center Type (Single Specialty Centers, Multispecialty Centers), By Modality (Hospital-Based Ambulatory Surgical Center, Freestanding Ambulatory Surgical Center), By Services (Diagnostic Services, Surgical Services), By Specialty Area (Gastroenterology, Ophthalmology, Orthopedics, Pain/Neurology, Urology, Dermatology, Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
To know the latest trends and insights prevalent in this market, click the link below:
https://www.coherentmarketinsights.com/market-insight/ambulatory-surgical-center-market-3312
Key Takeaways of the Global Ambulatory Surgical Center Market:
- The global ambulatory surgical center market is expected to exhibit a CAGR of 2% during the forecast period. For instance, in January 2020, NueHealth, a ValueHealth subsidiary, has acquired minority ownership of the Paoli Surgery Center in Paoli, Pennsylvania. NueHealth assumed day-to-day management of the facility.
- Among center type, the multispecialty surgical center segment is estimated to fastest growing in the global ambulatory surgical center market over the forecast period. For instance, in July 2022, Centura Mercury Hospital partnered with United Surgical Partners International to expand its commitment to high-quality care through the construction of an ambulatory surgery center (ASC) in Colorado, U.S.
- Among region, Europe is expected to register the fastest growth over the forecast period due to increasing incidence associated with various end stage chronic diseases such as heart disease, cancer,etc. According to the Kidney Care U.K. Organization, every year around 3,000 kidney transplants are done in U.K. and over 10% of the total population suffer from kidney disorders that require surgical procedures. Cancer is also one of the most prevalent chronic disease in the country, accounting for around 3,75,000 new patients every year.
- Major players operating in the global ambulatory surgical center market include AmSurg Corp., HCA Holdings, Inc., Tenet Healthcare, Surgical Care Affiliates, Inc., Surgery Partners, Ambulatory Surgical Centers of America, Heathway Medical Group, Community Health Systems, Inc., and Vision Group Holdings.
