Ambulatory Surgery Centers Market To Reach $191.5 Billion By 2030

Ambulatory Surgery Centers Market Growth & Trends

The global ambulatory surgery centers market size is expected to reach USD 191.5 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 6.18% from 2023 to 2030. Key factors driving the market growth for ambulatory surgery centers include an increase in the number of surgeries, the growing burden of chronic diseases, and the rising geriatric population.

The number of patient admissions is slowly decreasing in hospitals, owing to increasing outpatient visits. This is primarily due to high hospitalization costs and the adoption of technologically advanced methods in outpatient centers, making treatments fast and cost-effective. Advanced surgical techniques allow tests and procedures to be performed without hospital admission. Increasing pressure from Medicare and payers has also increased the number of people opting for a diagnostic test in nearby community ambulatory care units compared to a city hospital.

Furthermore, the introduction of nonsurgical procedures and minimally invasive surgeries supported by technological advancements have reduced the duration of hospital stays, reducing healthcare expenditure. For instance, endoscopy and laparoscopic technology development has reduced the need for hospital admissions. According to Cleveland Clinic in 2022, approximately 13 million laparoscopic surgeries are conducted globally each year. Some surgeries, such as cataract surgery that earlier required a hospital stay, can now be completed in a day in outpatient or ambulatory centers.

Key participants are engaged in different strategies to expand their global footprint through innovations, partnership collaborations, and product launches. For instance, in January 2023 , McLeod Health announced its partnership with Wesmark Ambulatory Surgery Center to expand its reach of hospital systems & offer multi-specialty services of ambulatory surgery for the Sumter community in South Carolina. Centura Mercy Hospital and United Surgical Partners International partnered in July 2022 to establish an ambulatory surgical center (ASC) in Colorado, as part of Centura Mercy Hospital's commitment to providing superior treatment.

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Ambulatory Surgery Centers Market Report Highlights

• In terms of application, the gastroenterology segment held a significant share of the market in 2022. The segment’s growth is attributed to the increasing prevalence of gastric diseases globally

• Based on ownership, the physician-owned segment dominated the market in 2022. The segment is continuously growing due to the rise in prevalence of chronic diseases

• On the basis of center type, the single-specialty segment dominated the market in 2022. The segment’s growth is attributed to the rising number of single-specialty ambulatory surgery centers

• North America accounted for a substantial share of the market in 2022. Local presence of key market players, increasing coverage for outpatient services, and growing adoption of advanced point-of-care technology are among the factors contributing to the high regional share

• The rising number of plastic surgery procedures due to increased awareness about its safety and effectiveness is anticipated to drive the growth of ambulatory services over the estimated time period

• In June 2022, USPI & United Urology Group announced a partnership across 22 ASCs. USPI has acquired United Urology Group’s portion in ASCs in Colorado, Maryland, & Arizona, as part of this deal. The ambulatory surgery centers will be operated & owned by the joint venture, and USPI will provide support and management services to the ASCs

Ambulatory Surgery Centers Market Segmentation

Grand View Research has segmented the global ambulatory surgery centers market based on application, ownership, center type, and region:

Ambulatory Surgery Center Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Orthopedics

• Pain Management/Spinal Injections

• Gastroenterology

• Ophthalmology

• Plastic Surgery

• Otolaryngology

• Obstetrics/Gynecology

• Dental

• Podiatry

• Others

Ambulatory Surgery Center Ownership Outlook (Revenue, USD Billion, 2018 - 2030)

• Physician Owned

• Hospital Owned

• Corporate Owned

Ambulatory Surgery Center Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Single-Specialty

• Multi-Specialty

Ambulatory Surgery Center Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

  • Italy

  • Spain

  • Sweden

  • Norway

  • Denmark

• Asia Pacific

  • Japan

  • China

  • India

  • Australia

  • Thailand

  • South Korea

• Latin America

  • Brazil

  • Mexico

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players in the Ambulatory Surgery Centers Market

• CHSPSC, LLC.

• Envision Healthcare Corporation

• TH Medical

• Pediatrix Medical Group

• UNITEDHEALTH GROUP

• Surgery Partners

• Healthway Medical Group

• SurgCenter

• Prospect Medical Holdings, Inc.

• Eifelhöhen-Klinik AG

• Edward-Elmhurst Health

• Nexus Day Surgery Centre