The global ambulatory surgical center market size was estimated at US$ 87.32 billion in 2021 and is expected to reach over US$ 152.6 billion by 2030 and poised to grow at a compound annual growth rate (CAGR) of 6.4% from 2022 to 2030. In 2021, the U.S. ambulatory surgical center market has accounted for more than 88.5% of the North America market share.
Growth Factors
Ambulatory surgical centers are modern outpatient surgery centers that specialize in same day surgical procedures such as diagnostic and preventative procedures. These centers generally serve individuals who do not require hospitalization. The therapy can be performed outside of the hospital, and the patient can be released as soon as the medical procedure is completed. Ambulatory surgical centers are an excellent choice for people who cannot afford significant medical bills. For the convenience of patients, ambulatory surgical facilities offer mobile surgical procedures. For on-site surgical operations, ambulatory surgical facilities are fully equipped with an operating room. Ambulatory surgical centers are best for non-invasive and minor operations.
The sustained growth of the ambulatory surgical center market is expected to be fueled by the exponential rise in healthcare expenses over the last decade, which has resulted in changing healthcare practices. In addition, the increased frequency of chronic disorders that necessitate regular minor procedures that may be performed in ambulatory settings is a major driver of the ambulatory surgical center market. A major driver of the ambulatory surgical center market is the growing burden of surgical procedures on hospitals and healthcare organizations. The need to reduce inpatient surgeries, particularly for simple procedures as well as growing acceptance of ambulatory surgical centers, are driving the market for ambulatory surgical centers to rise.
Scope of the Ambulatory Surgical Center Market
| Report Coverage | Details |
| Market Size | US$ 152.6 Billion by 2030 |
| Growth Rate | CAGR of 6.4% from 2022 to 2030 |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Drug Type, Process, Type,Therapeutic Area, Region |
| Companies Mentioned | Cerner Corporation, Allscripts Healthcare Solutions Inc., McKesson Corporation, Medical Information Technology Inc., Advanced Data Systems Corporation, Surgical Information Systems, NextGen Healthcare, Philips Healthcare, Epic Systems Corporation, GE Healthcare |
A rise in the number of surgeries, the surge in the older population, and a rise in the frequency of chronic disorders are all driving the ambulatory surgical center market during the forecast period. The surge in outpatient hospitalizations could also be attributed to the use of technologically advanced treatments in outpatient clinics, which makes treatment more cost-effective and speedier. The advanced surgical methods allow tests and surgeries to be carried out without the requirement for a hospital admission rates in such situations. In addition, technological advancements, the growth of outpatient services, and increased desire for less invasive surgeries all contribute to the ambulatory surgical center market’s expansion.
A growth in the demand for ambulatory surgical centers in developing countries is likely to create new lucrative opportunities during the forecast period. Due to advancements in medical technology and the affordability of facilities, the ambulatory surgical center market is rising. The convenient locations, cost savings, technical developments, and patient happiness by ambulatory surgical centers all influence the growth of the ambulatory surgical center industry. Ambulatory surgical centers offer low-cost treatments and amenities as well as the convenience of day surgery for patients. The evolution of less invasive surgical approaches has resulted in an increase in the number of procedures that can be performed in ambulatory surgical centers.
Another significant element driving the ambulatory surgical center market is favorable reimbursement possibilities for services supplied by ambulatory surgical centers. Medical coverage through state run and private healthcare insurance makes ambulatory surgery clinics appealing for surgical operations, particularly minor ones, in emerging nations. Most ambulatory surgical centers do not require a hospital stay and are costly than hospital surgeries.
Due to the rise in chronic disorders prevalence, the worldwide outpatient surgical center market is expected to expand over the projection period. The ambulatory surgical center sector is also expected to benefit from the growing number of collaborations and acquisitions around the globe. The ambulatory surgical center industry is growing as a result of rising demand for minimally invasive treatments, surgeon tools and equipment, technological developments in surgical tools and equipment, and physician control over equipment selection. The rise in global demand for ambulatory surgical facilities is expected to be stymied by a low health care professional rate.
Thus, rising healthcare costs are a major cause of concern for the company, as they result in many individuals being unable to afford treatment, especially surgical procedures. As a result, healthcare professionals have been working to devise innovative tactics and strategies to reduce the cost of therapies while maintaining high quality of surgeries which will benefit patients on large scale. The ambulatory surgical centers have shown to be viable alternative in this case.
Application Insights
In 2021, the gastroenterology segment dominated the ambulatory surgical center market and garnered revenue 35%. Due to the widespread departments around the world, the gastroenterology segment accounted for the highest proportion of the global ambulatory surgical center market.
The plastic surgery segment, on the other hand, is predicted to develop at the quickest rate in the future years. Patient’s preferences for nonsurgical and minimally invasive surgeries are projected to increase, which will help the plastic surgery segment to grow at a rapid pace.
Region Insights
North America dominated the ambulatory surgical center market with revenue share of over 48% in 2021. Increased government support for primary care services and expanding outpatient coverage are major elements driving the ambulatory surgical center market’s expansion in the North America region.
Asia-Pacific, on the other hand, is expected to develop at the fastest rate during the forecast period. The expansion of outpatient facilities has resulted from rising healthcare expenditures due to the rise in prevalence of chronic diseases, the ageing population, high healthcare expenditure, and growing hospitalizations rates. All these aforementioned factors are driving the growth of the ambulatory surgical center market in the region.
Key Developments
The demand in the ambulatory surgical center market is being fueled by an increase in research on service portfolios in mobile operative systems, which is being fueled by the rise of the healthcare sector. The key market players in the healthcare industry are investing in research and development in order to build mobile surgery centers. The acquisitions, mergers, collaborations, and product portfolio enhancement through substantial research and development are the main techniques used by businesses to increase revenue. The major market players are employing a variety of inorganic and organic growth tactics to acquire a significant market position and maintain industry rivalry in the ambulatory surgical center industry.
Some of the prominent players include:
Segments Covered in the Report
By Modality
By Surgery Type
By Speciality Type
By Service
By Components
By Geography
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