Press release
Ambulatory Surgery Center Market Size Projected To Reach $108.76 Billion By 2034 With A Cagr Of 5.2%
Ambulatory Surgery Center Market Growth
What Is the Projected Growth of the Ambulatory Surgery Center Market?
The market size of ambulatory surgery centers has seen significant expansion over the past few years. The market, which was valued at $83.34 billion in 2024, is expected to reach $88.93 billion by 2025, expanding at a compound annual growth rate (CAGR) of 6.7%. This growth in the historical period is credited to factors such as reimbursement policies, regulatory environment changes, increasing patient preference for convenience, advancements in anesthesia techniques, and competitive dynamics in the market.
Anticipated to see robust expansion in the upcoming years, the market size of the ambulatory surgery center is projected to surge to $108.76 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 5.2%. This growth trajectory during the forecast period can be traced back to several factors such as global health crisis management, alliance with healthcare systems, incorporation of telemedicine, emphasis on chronic ailment management, and overall population health supervision. The forecast period will also see a rise in trends like digitizing documentation and enhancing EHR, improved technological infrastructure, breakthroughs in medical technology, integration with digital health, distant patient monitoring, and cooperation with health systems.
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What Are the Different Ambulatory Surgery Center Market Segments?
The ambulatory surgery center market covered in this report is segmented -
1) By Components: Services, Software, Hardware
2) By Center Type: Single Specialty Centers, Multispecialty Centers
3) By Modality: Hospital-Based Ambulatory Surgical Center, Freestanding Ambulatory Surgical Center
4) By Application: Orthopedics, Pain Management Or Spinal Injections, Gastroenterology, Ophthalmology, Plastic Surgery, Otolaryngology, Obstetrics Or Gynecology, Dental, Podiatry, Other Applications
Subsegments:
1) By Services: Surgical Services, Anesthesia Services, Post-Operative Care, Consulting Services
2) By Software: Electronic Health Records (EHR), Practice Management Software, Billing And Coding Software, Surgical Scheduling Software
3) By Hardware: Surgical Instruments, Anesthesia Equipment, Imaging Devices, Monitoring Equipment
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What Are the Primary Drivers Shaping the Ambulatory Surgery Center Market?
The upward trend in surgeries is anticipated to spur the development of the ambulatory surgery center market in the upcoming years. Surgery, a branch of medicine, employs manual and instrumental methods to alter internal operations, improve aesthetics, or eliminate or substitute unwanted tissues or alien substances. Ambulatory surgical centers facilitate outpatient surgical procedures, promoting cost-efficient, specialized care with shorter recovery times than traditional hospitals. For instance, the International Society of Aesthetic Plastic Surgery, a U.S.-based global professional organization, reported in September 2023 that globally, plastic surgeons performed roughly 14.9 million surgical and 18.8 million non-surgical procedures in 2022, signifying an overall growth of 11.2%. Consequently, the escalating number of surgeries is fueling the growth of the ambulatory surgery center market.
Which Companies Are Leading in the Ambulatory Surgery Center Market?
Major companies operating in the ambulatory surgery center market report are 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
What Are the Major Trends Shaping the Ambulatory Surgery Center Market?
Major businesses in the ambulatory surgery centers market are prioritizing the advent of sophisticated products like ambulatory cloud EHR software, which enhances value-based care, user experience, and efficiency. This software is a cloud-based electronic health record solution built for outpatient treatment, providing a secure, scalable, and accessible way to manage patient records and clinical workflows. For example, eClinicalWorks, a company from the US that creates cloud-based electronic health record software for ambulatory care, introduced a new EHR software version, V12, in October 2023. The V12 boasts improved application performance, exhibiting speeds up to 40% faster. It includes a module for pre-visit planning and offers increased user convenience with click reductions along with new drug management displays. A floating toolbar is also provided for easier access to key workflow aspects such as patient data, a virtual assistant, and paperwork.
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What Are the Top Revenue-Generating Geographies in the Ambulatory Surgery Center Market?
North America was the largest region in the ambulatory surgery center market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ambulatory surgery center market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Ambulatory Surgery Center Market?
2. What is the CAGR expected in the Ambulatory Surgery Center Market?
3. What Are the Key Innovations Transforming the Ambulatory Surgery Center Industry?
4. Which Region Is Leading the Ambulatory Surgery Center Market?
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