Ambulatory Surgery Center Market to Witness Major Growth by 2028 | DePuy Synthes, Stryker, Medtronic PLC

According to HTF MI, "Global Ambulatory Surgery Center Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2029". The Global Ambulatory Surgery Center Market is anticipated to grow at a compound annual growth rate (CAGR) of 6.9% from 2023 to 2028, reaching USD 80.3 Billion in 2023 and USD 112.5 Billion by 2028.

A specialised healthcare facility called an ambulatory surgery centre (ASC), often referred to as an outpatient surgery centre, offers surgical treatments on an outpatient basis. For patients who do not need an overnight stay, ASCs are intended to provide a practical and effective substitute for conventional hospital-based operations. ASCs are created especially for the purpose of performing quick-cure surgical operations that enable patients leave the hospital the same day. ASCs do not offer inpatient care or overnight stays, in contrast to hospitals. Due to its capacity to provide top-notch surgical treatment in a more effective and patient-friendly way, ambulatory surgery centres have grown in popularity over the years. It's crucial to remember that not all surgical procedures can be performed at an ASC and that certain complicated or high-risk procedures may still require a hospital environment.

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Key and Developing Players,
• DePuy Synthes (United States)
• Stryker Corporation (United States)
• Zimmer Biomet Holdings (United States)
• Medtronic PLC (Ireland)
• Smith & Nephew (United Kingdom)
• NuVasive, Inc. (United States)
• Arthrex, Inc. (United States)
• Wright Medical Group N.V. (Netherlands)
• Globus Medical, Inc. (United States)
• DJO Global

Market Drivers
• As the world's population ages, orthopaedic problems including osteoarthritis, osteoporosis, and fractures are more common, increasing the need for orthopaedic surgery. Orthopaedic procedures are becoming more popular as a result of improvements in surgical results, implant materials, and medical equipment as well as shorter recovery times and higher patient satisfaction. Sports-related injuries have increased because to the popularity of sports and physical activity, needing orthopaedic operations for treatment and recovery. The orthopaedic surgery industry has expanded as a result of rising healthcare costs and better access to healthcare in emerging nations.

Market Trend
• In orthopaedic surgery, there is a move towards minimally invasive procedures that provide advantages such smaller incisions, less post-operative discomfort, quicker recovery, and decreased infection rates. Personalised orthopaedic operations are now possible thanks to developments in imaging technology and biomaterials, where implants and treatments may be modified to meet the demands of a specific patient. Orthopaedic surgeons may now carry out treatments with more accuracy and precision thanks to robotic-assisted surgeries and navigation systems, which are becoming more popular. Orthopaedic procedures are increasingly being carried out in outpatient and ambulatory surgery centres, allowing patients to stay in the hospital for shorter periods of time and incurring lower medical expenses.

Market Opportunities
• Growing demand for cost-effective and efficient healthcare services.
• Increasing prevalence of chronic diseases requiring outpatient surgeries.
• Advancements in minimally invasive surgical techniques.

Market Restraints
• Orthopaedic surgery can be difficult for patients and healthcare professionals to obtain and cost due to reimbursement regulations and restrictions in various healthcare systems. The expense of orthopaedic procedures, including the price of implants, surgical equipment, hospital stays, and post-operative care, may prevent some patients from receiving them. Medical device and orthopaedic implant producers may face difficulties due to strict laws and regulations that limit innovation and market access. Like any surgical operation, orthopaedic surgery carries the potential of post-operative problems, such as infection, implant failure, and a protracted recovery, which may discourage patients and surgeons from undergoing the procedure.

Market Challenges
• Increasing competition from hospitals and other healthcare facilities.
• Regulatory and compliance requirements specific to ambulatory surgery centers.
• Reimbursement challenges and complexities in insurance policies.
• Rising costs of medical equipment and supplies.

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Ambulatory Surgery Center Market Segmentation:
Market Breakdown by Applications:
• Orthopedic surgeries
• Gastrointestinal procedures
• Ophthalmologic surgeries
• ENT surgeries
• Others
Market Breakdown by Types:
• Diagnosis
• Treatment

Competitive Landscape:
Along with studying the profiles of the key players in Ambulatory Surgery Center market, the industry's competitive environment is deeply examined. Some of the players profiled are DePuy Synthes (United States), Stryker Corporation (United States), Zimmer Biomet Holdings (United States), Medtronic PLC (Ireland), Smith & Nephew (United Kingdom), NuVasive, Inc. (United States), Arthrex, Inc. (United States), Wright Medical Group N.V. (Netherlands), Globus Medical, Inc. (United States), DJO Global

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Key highlights of the report:
📝 Ambulatory Surgery Center Market Performance (2018-2022)
📝 Ambulatory Surgery Center Market Outlook (2023-2028)
📝 Ambulatory Surgery Center Market Trends
📝 Ambulatory Surgery Center Market Drivers and Success Factors
📝 SWOT Analysis
📝 Value Chain Analysis
📝 Detailed competitive landscape

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