U.S. Ambulatory Surgery Center Market Size, Share & Trends Analysis Report By Specialty (Orthopedics, Otolaryngology), By Ownership (Physician, Hospital), By Center Type (Single-Specialty, Multi-Specialty), By Device Type, By Region, And Segment Forecasts, 2023 - 2030

Market Segmentation

• U.S. Ambulatory Surgery Center Specialty Outlook (Revenue, USD Billion, 2018 - 2030)
  • Orthopedics
  • Cardiology
  • Respiratory
  • Pain Management/Spinal Injections
  • Gastroenterology
  • Ophthalmology
  • Plastic Surgery
  • Otolaryngology
  • Obstetrics/Gynecology
  • Dental
  • Podiatry
  • Others
• U.S. Ambulatory Surgery Center Ownership Outlook (Revenue, USD Billion, 2018 - 2030)
  • Physician Owned
  • Hospital Owned
  • Corporate Owned
• U.S. Ambulatory Surgery Center, Center Type Outlook (Revenue, USD Billion, 2018 - 2030)
  • Single-Specialty
  • Multi-Specialty
• U.S. Ambulatory Surgery Center Device Type Outlook (Revenue, USD Billion, 2018 - 2030)
  • Orthopedics
  • Cardiology
  • Respiratory
  • Pain Management/Spinal Injections
  • Ophthalmology
  • Plastic Surgery
  • Spinal Surgery
  • Others
• U.S. Ambulatory Surgery Center Regional Outlook (Revenue, USD Billion, 2018 - 2030)
  • Southeast
  • West
  • Midwest
  • Northeast
  • Southwest

U.S. Ambulatory Surgery Center Market Dynamics

Driver: Lower healthcare expenditure compared to hospitals

The number of inpatient admissions has significantly decreased in the past years, due to the trend shifting toward Ambulatory Surgery Centers (ASCs). In the U.S., more than 65% of total surgeries are performed in ASCs. This is primarily due to high inpatient hospitalization costs and rise in adoption of advanced technologies by ASCs, enabling provision of rapid & cost-effective treatment. Growing pressure from payers and Medicare has also increased the number of people opting for diagnostic tests in nearby community ambulatory care units and not city hospitals. The U.S. government is taking measures to reduce healthcare expenditure. As per a report by Ambulatory Surgery Center Association, healthcare costs in the U.S. have been reduced by USD 38 billion due to availability & use of ambulatory surgery centers. Healthcare expenditure in ambulatory surgery centers is quite lower compared to hospitals. For instance, the average price of cataract surgery in West Virginia is USD 2,392 as compared to USD 5,762 in hospitals. Lower cost at ambulatory surgery centers and growing focus on reducing healthcare expenditure are among factors driving the market

Driver: Lower risk of infection

Surgeries performed in an ASC setting are short, with faster recovery and low infection rates when compared to hospitals. According to a study published in the Journal of Bone & Joint Surgery, surgeries performed in the ASCs have lower chances of infection, such as pneumonia, UTI, & blood clots, and the requirement of blood transfusion is rare when compared to surgeries in a hospital setting. In another research conducted at Elizabeth Munich and Stephen Parente, it was stated that for the same procedure, the time spent by a patient in an ASC is 25% to 30% lower than a hospital outpatient department. In addition, ASC patients are less likely to visit the hospital just after few days of the surgery. The risk of infection at ambulatory surgery centers is lower in comparison with hospitals. According to CDC, 8.95 per 1,000 patients underwent surgeries in hospitals compared to 4.84 per 1,000 patients in ambulatory surgery centers. As per CDC, the infection rate at hospitals was 1% compared to 0.1 % at ambulatory surgery centers. Low infection rate at ambulatory surgery centers is driving the market growth by increasing preference for these centers.

Restraint: Stringent regulations

Ambulatory surgery centers are highly regulated healthcare facilities in the U.S. According to a report by American College of Foot and Ankle Surgeons, 46 states require licensing of ambulatory surgery centers, wherein each state has different eligibility criteria, with 28 of these states requiring a thirdparty. The American Association for Accreditation of Ambulatory Surgery Facilities (AAAASF) and Accreditation Association for Ambulatory Health Care (AAAHC) are recognized third-parties. There is requirement of a certificate of need in 25 states, wherein an ambulatory surgery center must demonstrate need for new services & construction. For reimbursement by Medicare, ambulatory surgery centers require federal certification from Medicare, wherein the center must demonstrate compliance with applicable laws and Medicare standards. The CMS also requires quality reporting from centers, failing which payment rates are affected. The Ambulatory Surgery Center Association regulates these centers at federal-level and has specific requirements, including level of safety, cleanliness, & service at the facility. Aspects such as stay of patients after surgery and number of patients at a time are also regulated by federal laws. The states also have an operation manual for these centers. Stringent regulations are making it difficult for ambulatory surgery centers to survive and grow. These regulations may restrict new players from entering the market. Thus, stringent regulations are expected to restrict overall market growth.

What Does This Report Include?

This section will provide insights into the contents included in this u.s. ambulatory surgery center market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

U.S. ambulatory surgery center market qualitative analysis

• Industry overview

• Industry trends

• Market drivers and restraints

• Market size

• Growth prospects

• Porter’s analysis

• PESTEL analysis

• Key market opportunities prioritized

• Competitive landscape

  • Company overview

  • Financial performance

  • Product benchmarking

  • Latest strategic developments

U.S. ambulatory surgery center market quantitative analysis

• Market size, estimates, and forecast from 2018 to 2030

• Market estimates and forecast for product segments up to 2030

• Regional market size and forecast for product segments up to 2030

• Market estimates and forecast for application segments up to 2030

• Regional market size and forecast for application segments up to 2030

• Company financial performance