The rising number of Coronavirus cases amid the COVID-19 pandemic has impelled the demand for external treatment facilities among hospitals, which in turn is stimulating the global ambulatory surgical centers market outlook.
According to the research report titled ‘Global Ambulatory Surgical Centers Market Size study with COVID-19 Impact, by Type (Hospital-affiliated ASCs and Freestanding ASCs), by Services (Diagnostic Service and Surgical Service) and Regional Forecasts 2020-2027’ available with Market Study Report LLC, global ambulatory surgical centers market is anticipated to witness substantial growth during 2020-2027.
The rising number of Coronavirus cases amid the COVID-19 pandemic has impelled the demand for external treatment facilities among hospitals, which in turn is stimulating the global ambulatory surgical centers market outlook. However, high costs associated with deployment along with heavy infrastructural investments are expected to impede the industry growth throughout the study period.
For the uninitiated, ambulatory surgery centers or outpatient surgery centers are healthcare facilities that provide same-day surgical procedures for cases that do not require overnight hospital admission. The diagnostic treatments carried out in these facilities include skin therapy, small joint repair, abdominal hernia repair, and gall bladder removal.
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Increasing penetration of IT solutions in the healthcare sector along with rising healthcare costs are propelling the global ambulatory surgical centers market growth. In December 2018 for instance, NextGen Healthcare Inc. introduced a cloud-based HIE (Health Information Exchange) called NextGen (A) Health Data Hub which supports aggregation and sharing of patient health records.
Based on type, global ambulatory surgical centers industry is split into freestanding ambulatory surgical centers and hospital-affiliated ambulatory surgical centers. With regards to services, the market is fragmented into surgical service and diagnostic service.
From a regional frame of reference, North America accounts for a majority of global ambulatory surgical centers market shares and is predicted to attain substantial expansion through 2027. High concentration of major market players coupled with rising number of surgical procedures performed are favoring the growth of the regional industry.
On the other hand, Asia-Pacific ambulatory surgical centers market is projected to register the highest CAGR over 2020-2027.
Leading players that define the global ambulatory surgical centers market trends are Terveystalo Oyj, Community Health Systems, Inc. (CHS), Novena Global Healthcare Pte. Ltd., Surgery Partners, Inc., Quorum Health Corporation, UnitedHealth Group Incorporated, TeamHealth, Inc., MEDNAX Services, Inc., Tenet Healthcare Corporation, and Envision Healthcare Corporation.
To access a sample pages of this report titled “Global Ambulatory Surgical Centers Market Size study with COVID-19 Impact, by Type (Hospital-affiliated ASCs and Freestanding ASCs), by Services (Diagnostic Service and Surgical Service) and Regional Forecasts 2020-2027” in detail along with the table of contents, please click the link below:
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Related Report:
U.S. Ambulatory Surgical Centers Market Size, Industry Analysis Report, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
U.S. ambulatory surgical centers market is anticipated to witness unprecedented growth throughout the forecast timeframe. This can be primarily attributed to the growing burden of various chronic health conditions among the U.S. adult and geriatric population. Ambulatory surgical centers continue to gain prominence as cost-effective and faster options for surgeries as compared to hospitals and other medical establishments. U.S. ambulatory surgical centers industry can be classified into dental, endoscopy, plastic surgery, obstetrics/gynecology, neurology, cardiovascular, orthopedic, and others. Plastic surgery segment is estimated to be worth more than US$3 billion by 2026 owing to a substantial rise in the number of aesthetic surgical procedures in the U.S. over the past few years.
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