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U.S. Ambulatory Surgical Centers Market 2020 by industry trends, statistics, key companies growth and regional forecast

Author : Ronak Bora | Published Date : 2020-09-07 

U.S. Ambulatory Surgical Centers Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Increasing demand for minimally invasive surgical procedures, along with easy availability of advanced treatments is likely to drive U.S. ambulatory surgical centers market outlook.

The growing prevalence of chronic diseases, such as cancer, obesity, diabetes, asthma, rheumatoid arthritis, and cardiac diseases has resulted in increased number of surgeries. According to the CDC (Centers for Disease Control and Prevention), about 93.3 million adults in the United States were affected by obesity in 2016. The aforesaid has fueled the demand for bariatric surgeries across the country.

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Increasing pace of population aging along with rising prevalence of chronic diseases across the country will act as a high impact rendering factor for ambulatory surgical centers industry expansion. Rising incidence of road accidents may also support business scenario. Moreover, low-cost treatment & services and favorable reimbursement policies will further fuel the demand for ambulatory surgical centers over the coming years. U.S. ambulatory surgical centers market size is forecast to cross the USD 37 billion mark by 2026.

Based on surgery type, U.S. ambulatory surgical centers industry is bifurcated into endoscopy, orthopedic, ophthalmology, plastic surgery, dental, neurology, podiatry, and obstetrics/gynecology. Among these, neurology segment is likely to gain heavy profits due to soaring demand for neurovascular surgical procedures. Minimally invasive technologies being extensively advanced, are gaining mainstream prominence, leading to the rising demand for neurovascular procedures. Neurology segment is projected to accrue more than $3.9 billion in revenue by 2026.

Based on ownership, U.S. ambulatory surgical centers market can be segmented into corporation only, hospital & corporation, physician & corporation, physician & hospital, and hospital only. Among these, in 2019, physician & hospital segment accrued $2.7 billion and is predicted to register substantial gains over the coming years. The segmental growth can be accredited to myriad benefits provided by physicians and hospitals, such as better productivity, enhanced patient experience, and financial development.

Based on specialty, U.S. ambulatory surgical centers industry is segmented into single specialty and multi-specialty. In 2019, multi-specialty segment garnered over $12 billion and is estimated to witness similar growth patterns over the forecast period. Multi-specialty ASCs offer several services and is a major platform for revenue expansion. 

A multitude of supportive reimbursement policies has been accentuating U.S. ambulatory surgical centers market growth. For example, in 2015, Medicare approved several new profit-making spine surgeries, which benefitted many multi-specialty centers providing orthopedics.

Based on service, U.S. ambulatory surgical centers industry is divided into treatment and diagnosis. In 2019, diagnosis segment accrued over $7 billion due to increasing incidences of chronic conditions, such as cancer and cardiovascular diseases. Prevalence of these diseases has augmented demand for advanced and effective diagnosing tools. ASCs have proved to be rather economical, especially for treatment of chronic diseases, as compared to hospitals in the U.S., on account of which they have gained immense demand.

Eminent U.S. ambulatory surgical centers market players have been adopting numerous strategic initiatives, including partnerships with hospitals & physicians, and mergers and acquisitions to improve their standing in the industry. For example, in April 2018, Tenet Healthcare acquired 95% ownership of United Surgical Partners International to expand the number of ASCs throughout the nation. 

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Partial Chapter of the Table of Content 

Chapter 4.   U.S. Ambulatory Surgical Centers Market, By Ownership

4.1. Key segment trends

4.2. Physician only

4.2.1.  Market size, 2015-2026 (USD Million)

4.3. Hospital only

4.3.1.  Market size, 2015-2026 (USD Million)

4.4. Corporation only

4.4.1.  Market size, 2015-2026 (USD Million)

4.5. Physician & hospital

4.5.1.  Market size, 2015-2026 (USD Million)

4.6. Physician & corporation

4.6.1.  Market size, 2015-2026 (USD Million)

4.7. Hospital & corporation

4.7.1.  Market size, 2015-2026 (USD Million)

Chapter 5.   U.S. Ambulatory Surgical Centers Market, By Surgery Type

5.1. Key segment trends

5.2. Dental

5.2.1.  Market size, 2015-2026 (USD Million)

5.2.2.  Market size, 2015-2026 (000’ Units)

5.3. Otolaryngology

5.3.1.  Market size, 2015-2026 (USD Million)

5.3.2.  Market size, 2015-2026 (000’ Units)

5.4. Endoscopy

5.4.1.  Market size, 2015-2026 (USD Million)

5.4.2.  Market size, 2015-2026 (000’ Units)

5.5. Obstetrics/gynecology

5.5.1.  Market size, 2015-2026 (USD Million)

5.5.2.  Market size, 2015-2026 (000’ Units)

5.6. Ophthalmology

5.6.1.  Market size, 2015-2026 (USD Million)

5.6.2.  Market size, 2015-2026 (000’ Units)

5.7. Orthopedic

5.7.1.  Market size, 2015-2026 (USD Million)

5.7.2.  Market size, 2015-2026 (000’ Units)

5.8. Cardiovascular

5.8.1.  Market size, 2015-2026 (USD Million)

5.8.2.  Market size, 2015-2026 (000’ Units)

5.9. Neurology

5.9.1.  Market size, 2015-2026 (USD Million)

5.9.2.  Market size, 2015-2026 (000’ Units)

5.10.    Plastic surgery

5.10.1.   Market size, 2015-2026 (USD Million)

5.10.2.   Market size, 2015-2026 (000’ Units)

5.11.    Podiatry

5.11.1.   Market size, 2015-2026 (USD Million)

5.11.2.   Market size, 2015-2026 (000’ Units)

5.12.    Others

5.12.1.   Market size, 2015-2026 (USD Million)

5.12.2.   Market size, 2015-2026 (000’ Units)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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