Industry Insights on Ambulatory Surgical Centers Market| Top Players: AMSURG, Covenant Surgical Partners, HCA Healthcare, Physicians Endoscopy

Global Ambulatory Surgical Centers Market is set to exceed USD 92 billion by 2024; according to a new research report by Global Market Insights. Rising prevalence of chronic diseases coupled with technological advancements enabling development of sophisticated medical devices will favor the industry growth over forecast period. Such medical devices enable ambulatory surgical centers to offer superior quality treatment at an affordable price. In response to the increasing healthcare cost burden, regulatory authorities are further supporting development of such devices that is predicted to impact the ambulatory surgical centers market growth.

Ongoing efforts from organizations such as Ambulatory Surgical Centers Association to increases awareness pertaining to the benefits of ambulatory surgical centers market will influence industry growth. These organizations are further looking to improve decision making process in cases of specific patients and develop ties with other organizations to increase overall accessibility and minimize cost of ambulatory settings. Such ongoing efforts will fuel the industry growth over foreseeable future.

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Physician only segment dominated industry with the market share of around 50% in 2017. The reason can be attributed to highest professional control exerted over clinical environment and the quality of service in physician owned centers. Greater convenience associated with physician owned centers as the physician can schedule procedures as per the convenience of patients will further augment segment growth.

Physician and hospital segment is forecasted to witness 4.4% CAGR over the forecast timeframe due to rise in the demand for treatment of multiple diseases. The demand is further fueled due to increasing incidences of viral fungal and bacterial diseases resulting in different clinical conditions. The segment is further forecasted to grow as partnership eliminates the barriers limiting treatment to few disease only and enabling treatment of wide range of clinical conditions.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• AMSURG, Covenant Surgical Partners
• HCA Healthcare
• Physicians Endoscopy
• Tenet Healthcare
• Proliance Surgeons
• Regent Surgical Health
• Surgery Partners, Inc
• SurgCenter Development
• Surgical Care Affiliates
• Surgical Management Professionals

Ophthalmology surgeries segment generated revenue more than USD 12 billion in 2017. The segment currently dominates the industry due to stupendous rise in the incidences of eye related diseases such as night blindness and cataract. As the geriatric population segment is vulnerable to eye diseases, rising geriatric population will contribute to the increasing incidences. Increasing demand for eye surgeries for management of aforementioned diseases will fuel ophthalmology segment growth in foreseeable future.

Highest number of procedures were conducted in the field of endoscopy in 2017. High prevalence of gastric diseases such inflammatory bowel disease, ulcerative colitis and colorectal cancer in developing as well as developed nation drives the volume growth. However, lack of healthcare infrastructure and limited affordability and accessibility for endoscopic procedures will hamper the segment growth to some extent.

Treatment segment accounted for more than 75% of industry revenue share in 2017 due to rising demand for minimally invasive surgeries that are carried out at the ambulatory surgical centres at affordable cost. Rising prevalence of chronic diseases such as cancer, favourable demographic trends, sedentary lifestyle, lack of exercise will further augment the demand for effective and affordable treatment rendering significant positive impact on segment growth.

Increasing awareness pertaining to the benefits of early diagnosis such as early recovery from the disease will augment the demand for superior diagnostic techniques. As early diagnosis can significantly reduce the cost burden on healthcare system, the government authorities across the globe is taking initiatives to promote diagnosis of several life-threatening conditions such as cancer at early stage. This is predicted to augment segment growth.

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U.S. market was valued at over USD 25.5 billion in 2017. Growing demand for ambulatory care and favourable demographic trends will drive the regional growth over the forecast period. High per capita income, technological advancements, and developed healthcare infrastructure will propel industry growth.

Germany accounted for more than 25% of European market share in 2017. Increasing demand for surgeries such as eye surgeries and skin surgeries support the industrial growth. Moreover, technological advancements that enables ambulatory surgical centres to provide healthcare services at affordable cost will drive regional growth over forecast period.

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