Ambulatory Surgery Centers Market To Reach $205.52 Billion By 2030

Ambulatory Surgery Centers Market Growth & Trends

The global ambulatory surgery centers market is anticipated to reach USD 205.52 billion by 2030 and is anticipated to expand at a CAGR of 6.25% during the forecast period, according to a new report by Grand View Research, Inc. An increase in the number of surgeries, the increase in shift of surgical procedures from hospitals to ambulatory centers, and the rise in cost of hospitals led to demand for ambulatory services is expected to fuel the market expansion.

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. Changes in reimbursement policies have also increased the number of people opting for a diagnostic test in nearby community ambulatory care units compared to city hospitals.

Furthermore, non-invasive 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 the Endosound in 2022, around 30 million surgeries and procedures are conducted each year at 5,800 ASCs in the U.S.

Key participants are engaged in different strategies to expand their global footprint through innovations, partnership collaborations, and product launches. For instance, in January 2024, TPG, a global asset management firm, announced its strategic investment in Compass Surgical Partners. The purpose of this investment is to speed up development and increase capacity in response to the growing demand for ASC joint ventures from health system partners.

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Ambulatory Surgery Centers Market Report Highlights

• Based on application, the orthopedics segment dominated the market in 2023. This is attributed to the rising demand for orthopedic surgery and the implementation of strategic initiatives by key market players.

• Based on center type, the single-specialty segment dominated the market in 2023, owing to the presence of a large number of centers offering specialized surgery specialties which are cost-effective alternatives to hospital-based surgeries.

• Based on ownership, the physician-owned segment dominated the market in 2023. The segment is continuously growing due to reduced surgical expenses compared to other facilities and favorable reimbursement.

• Based on services, the treatment segment dominated the market in 2023, owing to an increase in the advancement of medical technology, the cost-effectiveness of ASCs, and advancement in medical technology.

• North America region held the largest market in 2023. This can be attributed to the growing adoption of advanced point-of-care technology, the presence of local key market players, and increasing coverage for outpatient services.

• In December 2023, MDsave Incorporated announced a partnership with Fountain Point Surgery Center. This partnership aims to enhance patients' and employers' access to outpatient surgery options with no surprise bills.

Ambulatory Surgery Centers Market Segmentation

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

Ambulatory Surgery Centers Application Outlook (Revenue, USD Million, 2018 - 2030)

• Orthopedics

• Pain Management/Spinal Injections

• Gastroenterology

• Ophthalmology

• Plastic Surgery

• Otolaryngology

• Obstetrics/Gynecology

• Dental

• Podiatry

• Other Applications

Ambulatory Surgery Centers Ownership Outlook (Revenue, USD Million, 2018 - 2030)

• Physician Owned

• Hospital Owned

• Corporate Owned

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

• Single-Specialty

• Multi-Specialty

Ambulatory Surgery Centers Services Outlook (Revenue, USD Million, 2018 - 2030)

• Treatment

• Diagnosis

Ambulatory Surgery Centers Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Thailand

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players in the Ambulatory Surgery Centers Market

• CHSPSC, LLC.

• Edward-Elmhurst Health

• Eifelhöhen-Klinik AG

• Envision Healthcare Corporation

• Healthway Medical Group

• Nexus Day Surgery Centre

• Pediatrix Medical Group

• Prospect Medical Holdings, Inc.

• SurgCenter

• Surgery Partners

• TH Medical

• UNITEDHEALTH GROUP