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Ambulatory Surgical Centers Market: Market Segments: By Component (Services, Software, and Hardware);
By Application (Orthopedics, Plastic Surgery, Ophthalmology, Gastroenterology, Pain Management and Others); and Region - Global Analysis of Market Size, Share & Trends for 2014 - 2020 and Forecasts t- 2030
Product Overview
Modern outpatient surgery centers have services that focus on delivering same-day surgical treatment, including diagnostic and preventive procedures, are often referred t- as ASCs. Ambulatory surgery centers for millions of Americans, it has changed the outpatient experience by giving them a more convenient alternative t- hospital-based outpatient procedures.
Market Highlights
Ambulatory Surgical Centers Market is expected t- project a notable CAGR of 27.3% in 2030.
Ambulatory Surgical Centers Market t- surpass USD 9.3 Billion by 2030 from USD 1.8 Billion in 2019 in terms of value growing at a CAGR of 27.3% throughout the forecast period, i.e., 2020-30. The demand for ASCs is mainly driven by a rising emphasis on healthcare costs and increased Medicare spending on ASCs.
Ambulatory Surgical Centers Market: Segments
Software segment t- grow with the highest CAGR during 2020-30
Ambulatory Surgical Centers Market is segmented by components as services, software, and hardware. With a share of over XX.X percent in 2019, the services segment is expected t- lead the market owing t- the introduction of complex software, the need for integration and interoperability of software, the growing demand for consulting and outsourcing of various healthcare processes such as revenue cycle management, EHR management, and fraud detection.
Ambulatory Surgical Centers Market: Market Dynamics
Drivers
Increasing prevalence of chronic disease
Growing chronic disease prevalence is als- expected t- help the global outpatient surgical center market expand over the forecast period. A key factor expected t- drive the ASC market is als- the increasing number of partnerships and acquisitions in the region. Some of the factors responsible for ASC market growth include growing demand for minimally invasive procedures, technical advances in surgical instruments and equipment, and the influence of surgeons over the choice of such equipment.
Restrain
Lack of skilled professionals
It is expected that a low physician-to-patient rati- would impede the growth of the global demand for ambulatory surgical centers. In addition, the disappearance of out-of-network payments is als- expected t- slow business growth.
Ambulatory Surgical Centers Market: Key Players
United Surgical Partners.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.
Surgery Partners
Surgical Care Affiliates
Envision Healthcare Holdings
Mednax
Team Health Holdings
Tenet Healthcare
SurgCenter Development
Suprabha Surgicare
Ambulatory Surgical Centers Market: Regions
Ambulatory Surgical Centers Market is segmented based on regional analysis int- five major regions. These include North America, Latin America, Europe, APAC and MENA.
Ambulatory Surgical Centers Market in North America led the market with a lion share of more than XX.X% in 2019 and is expected t- maintain its position during the forecast period. Growing government support t- advance primary care services and increasing coverage for outpatient services are major factors leading t- this market's development. In Asia Pacific, the idea of ASCs is still new. However, rising healthcare costs have resulted in the growth of outpatient centers due t- the increase in the prevalence of chronic diseases, the aging population, high healthcare spending, and growing hospital readmissions. Therefore, in the coming years, the area is expected t- see the fastest growth. The major contributors t- the growth of the regional market are Japan, China, India, Singapore, Australia and New Zealand.
Ambulatory Surgical Centers Market report als- contains analysis on:
Ambulatory Surgical Centers Market Segments:
By Components:
Hardware
Software
Services
By Application:
Ophthalmology
Orthopedics
Gastroenterology
Pain Management/Spinal Injections
Plastic Surgery
Others
Ambulatory Surgical Centers Market Dynamics
Ambulatory Surgical Centers Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
FAQs on Ambulatory Surgical Centers Market
Which segment is anticipated t- hold the largest market share?
At what CAGR is the market anticipated t- grow between 2020 and 2030?
Wh- are the key players in the Ambulatory Surgical Centers Market?
What could be the challenging factors in the growth of Ambulatory Surgical Centers Market?
What are the growth drivers for the Ambulatory Surgical Centers Market?