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Ambulatory Surgery Center Market Report 2024 - Ambulatory Surgery Center Market Growth And Share
Ambulatory Surgery Center Market
According to The Business Research Company's, The ambulatory surgery center market size has grown strongly in recent years. It will grow from $78.03 billion in 2023 to $83.84 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to reimbursement policies, regulatory environment, patient demand for convenience, advances in anesthesia, market competition.
The ambulatory surgery center market size is expected to see strong growth in the next few years. It will grow to $103.59 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to global health events and preparedness, collaboration with health systems, telemedicine integration, focus on chronic disease management, population health management. Major trends in the forecast period include digital documentation and ehr optimization, technological infrastructure, advancements in medical technology, digital health integration, remote patient monitoring, collaboration with health systems.
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Market Drivers and Trends:
An increasing number of surgeries is expected to propel the growth of the ambulatory surgery center market in the coming years. Surgery is a medical specialty that uses manual and/or instrumental procedures to physically change internal functions, enhance appearance, or remove or replace undesired tissues or foreign entities. Ambulatory surgery facilities provide outpatient surgical treatments, encouraging cost-effective, specialized treatment with faster recovery periods than regular hospitals. For instance, in September 2023, according to the International Society of Aesthetic Plastic Surgery, a US-based international professional body, plastic surgeons conducted in 2022 had approximately 14.9 million surgical and 18.8 million non-surgical treatments globally, representing an 11.2% rise overall. Therefore, the rising number of surgeries is driving the ambulatory surgery center market.
Major companies operating in the ambulatory surgery centers market are focused on technologically advanced products such as ambulatory cloud EHR software for better usability, value-based treatment, and patient experience. Ambulatory cloud EHR software refers to cloud-based electronic health record solutions designed for outpatient care, offering accessible, scalable, and secure management of patient records and clinical workflows. For instance, in October 2023, eClinicalWorks, a US-based company that offers cloud-based electronic health record software for ambulatory care, launched an innovative EHR software version, V12. The V12 offers enhanced application performance, up to 40% quicker. A module for pre-visit planning Enhanced accessibility with click reductions and new drug management displays A floating toolbar provides simple access to critical workflow components such as patient information, a virtual assistant, and documents.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
McKesson Corporation, HCA Healthcare, Medtronic PLC, Tenet Healthcare, Philips Healthcare, GE HealthCare Technologies Inc., Cerner Corporation, Zimmer Biomet, Optum Inc., Epic Systems Corporation, United Surgical Partners International, Surgery Partners, SCA Health, Athenahealth Inc., Prospect Medical Systems, eClinicalWorks, Medical Information Technology Inc, NextGen Healthcare, AMSURG, Hunterdon Healthcare, Surgical Information Systems, CureMD Healthcare, Advanced-Data Systems Corporation, Beaumont Health, HST Pathways, Meditouch, Ambulatory Surgical Centers of America, Pinnacle Surgery Center LLC, Center for Health Ambulatory Surgery Center LLC, Surg Center Gilbert
Ambulatory Surgery Center Market 2024 Key Insights:
• The Major Key Players of the Market:
McKesson Corporation, HCA Healthcare, Medtronic PLC, Tenet Healthcare, Philips Healthcare, GE HealthCare Technologies Inc., Cerner Corporation, Zimmer Biomet, Optum Inc., Epic Systems Corporation, United Surgical Partners International, Surgery Partners, SCA Health, Athenahealth Inc., Prospect Medical Systems, eClinicalWorks, Medical Information Technology Inc, NextGen Healthcare, AMSURG, Hunterdon Healthcare, Surgical Information Systems, CureMD Healthcare, Advanced-Data Systems Corporation, Beaumont Health, HST Pathways, Meditouch, Ambulatory Surgical Centers of America, Pinnacle Surgery Center LLC, Center for Health Ambulatory Surgery Center LLC, Surg Center Gilbert is expected to grow toAmbulatory Surgery Center Market 2024 Key Insights:
• Surge In Surgical Procedures Fuels Growth Of Ambulatory Surgery Center Market
• Advancements In Electronic Health Records Drive Ambulatory Surgery Centers Toward Enhanced Patient Care And Efficiency
• North America was the largest region in the ambulatory surgery center market in 2023.
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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