Market Overview:
Ambulatory surgery centers provide outpatient surgical procedures and other invasive diagnostic and therapeutic services to patients not requiring an inpatient hospital stay. They offer economical alternatives to hospital-based outpatient procedures and same-day surgeries.
The U.S. Ambulatory Surgery Center Market is estimated to be valued at US$ 65.58 Bn or Billion in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the major trends fueling the growth of the U.S. ambulatory surgery center market is the growing preference for minimally invasive surgeries. Minimally invasive surgeries leave very small scars, reduce blood loss, lessen pain, and decrease hospital stay, which helps the patient recover faster. They also reduce healthcare costs significantly compared to traditional open surgeries. The increasing adoption of minimally invasive techniques for procedures like orthopedic, cardiac, general surgery, and pain management is driving the demand for ambulatory surgery centers in the U.S.
Segment Analysis
The U.S. ambulatory surgery center market is segmented into single specialty centers and multi specialty centers. The multi specialty centers segment is currently dominating the market due to the increasing availability of different diagnostic and surgical services under one roof. This eases the process and provides convenience to the patients requiring multiple services.
Key Takeaways
The global U.S. ambulatory surgery center market is expected to witness high growth, exhibiting CAGR of 5.2% over the forecast period, due to increasing preference for outpatient surgeries and development of advanced medical infrastructure.
Regional analysis
The Western region dominates the U.S. ambulatory surgery center market currently due to higher adoption of advanced medical facilities. However, the Southern region is expected to witness the fastest growth due to growing geriatric population requiring surgical care and rising medical tourism.
Key players
Key players operating in the U.S. ambulatory surgery center market are AmSurg Corp., Getinge Group, Tenet Healthcare, Regent surgery Health L.L.C, Covenant surgery Partners Inc, and Surgery Partners. The market is highly competitive with these players introducing innovative products and services to gain more market share.
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