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. Increasing incidences of trauma and accidents requiring surgical treatment will serve to be a high impact rendering factor. As per International labour organization, around 340 million occupational accidents are recorded every year across the globe. Furthermore, demand for surgeries is also supported by rising prevalence of chronic diseases such as cardiovascular diseases, diabetes and cancer. Demographic trends such as rising geriatric population and changing lifestyle habits in developed as well as developing nation are expected to escalate incidences of chronic diseases. As the ambulatory surgical centres offers superior healthcare services at affordable cost, increasing demand for surgeries will drive the Ambulatory Surgical Centers Market expansion over forecast timeframe.

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Pertaining to the convenient nature of ambulatory surgical centers, there has been a major shift in the preference of venue for pivotal procedures. Convenience, lower out-of-pocket costs for patients, and decreased cost-per-case for insurers are some of the major factors that can be credited for this change of inclination toward ambulatory surgical centers over outpatient hospital departments. In 2011, an analysis showed that surgeries performed at ambulatory surgery centers saved Medicare $829 million when compared to costs for the same surgery in hospitals. The cost-effective factor alone is a principal factor augmenting ambulatory surgical centers market outlook.

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

The rising geriatric population in the U.S. is one of the major factors that has added stimulus to the regional ambulatory surgical centers market. However, analysts have pointed out that relatively younger patients with a higher income are also likely to undergo surgery in ambulatory surgical centers. In addition to this, patients also have to pay much lower coinsurance for procedures performed in these centers than they have to pay in hospitals. For example, for a cataract extraction procedure, a Medicare beneficiary could have to pay as much as $496 in coinsurance when the procedure is performed in a hospital outpatient department. The same procedure performed at an ambulatory surgical center would mean that the beneficiary’s copayment is only around $195. The increasing awareness regarding the benefits of these centers has majorly driven U.S. ambulatory surgical centers industry trends.

With lower reimbursement rates, ambulatory surgical centers market is bound to receive more promotion from payers, a phenomenon which will facilitate a competitively priced healthcare scenario. This is because outpatient hospital departments will be forced to reconsider healthcare prices in order to preserve consumer revenue. However, lower costs do not affect the quality of service provided at ambulatory surgical centers, as these care sites endorse a limited number of procedures with a high level of professionalism and maximum patient satisfaction.

Speaking about the care quality, it would be imperative to mention that during a three-month study period in 2007, it was found that 71% of ambulatory surgical centers did not have a single complication per 1,000 patient encounters and 69% did not have to transfer patients to hospitals. As compared to hospitals, ambulatory surgical centers also registered less spread of infections which resulted in more than 90% of ambulatory surgical centers reporting 3 or fewer infections per 1,000 patients.

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Some of the key industry players in ambulatory surgical centers market are ASD Management, Ambulatory Surgical Centers of America, Covenant Surgical Partners, Physicians Endoscopy, Hospital Corporations of America, AmSurg, Surgery Partners, SurgCenter Development, Surgical Care Affiliates, Regent Surgical Health, Surgical Management Professionals, Proliance Surgeons, and Tenet/USPI. Industry players are taking initiative to acquire higher market share and revenue. Technological advancements leading to the development of cost effective solutions coupled with increasing inflow patients from hospitals to ambulatory surgical centers will drive the industry growth.

Chapter 1. Methodology

1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary

Chapter 2. Executive Summary

2.1. Ambulatory surgical centers industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Ownership trends
2.1.3. Surgery type trends
2.1.4. Specialty type trends
2.1.5. Service trends
2.1.6. Regional trends

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Chapter 3. Ambulatory Surgical Centers Industry Insights

3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Increasing geriatric population & chronic diseases worldwide
3.3.1.2. Availability of minimally invasive treatments
3.3.1.3. Favorable reimbursements and government policies in North America and Europe
3.3.2. Industry pitfalls and challenges
3.3.2.1. High costs of medical devices
3.3.2.2. Low physician-to-patient ratio

Data Tables

FIG. 1 Ambulatory surgical centers industry 3600 synopsis, 2013 – 2024
FIG. 2 Ambulatory surgical centers market, 2013 - 2024, (USD Million)
FIG. 3 Global ASCs market, by ownership, 2013 - 2017, (USD Million)
FIG. 4 Global ASCs market, by ownership, 2018 - 2024 (USD Million)
FIG. 5 Global ASCs market, by surgery type, 2013 - 2017, (USD Million)
FIG. 6 Global ASCs market, by surgery type, 2018 - 2024 (USD Million)
FIG. 7 Global ASCs market, by surgery type, 2013 - 2017, (000’ Units)
FIG. 8 Global ASCs market, by surgery type, 2018 - 2024 (000’ Units)
FIG. 9 Global ASCs market, by specialty type, 2013 - 2017, (USD Million)
FIG. 10 Global ASCs market, by specialty type, 2018 - 2024 (USD Million)
FIG. 11 Global ASCs market, by service, 2013 - 2017, (USD Million)
FIG. 12 Global ASCs market, by service, 2018 - 2024 (USD Million)
FIG. 13 Global ASCs market by region, 2013 - 2017 (USD Million)
FIG. 14 Global ASCs market by region, 2018 - 2024 (USD Million)
FIG. 15 Industry impact forces

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