United States Ambulatory Surgical Centers Markets, 2023 and 2024-2029 - Reimbursement Schemes and Telehealth Drive Rapid Expansion

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Feb 13, 2024, 05:30 ET

DUBLIN, Feb. 13, 2024 /PRNewswire/ -- The "US Ambulatory Surgical Centers Market - Focused Insights 2024-2029" report has been added to ResearchAndMarkets.com's offering.

The US Ambulatory Surgical Centers (ASCs) market is experiencing substantial growth, with its valuation at $36.54 billion in 2023, and is expected to grow at a CAGR of 6.62% during the forecast period.

This report analyzes the complete US ambulatory surgical centers market in-depth - exhaustive information regarding the ambulatory surgical centers in the US.

The number of ASCs in the US is increasing drastically. Hospitals need to invest in ASCs to survive in the competing environment. Many hospitals are investing in their ASCs to shift the cases for surgeries. ASCs can perform the surgeries at higher quality at minimal cost. This is attracting the patients to prefer ASCs over hospitals. Many large hospitals and ASCs are focusing on inorganic growth to expand their market presence in the US.

There are more than 6000 Medicare-certified ASCs in the US. The number of ASCs are increasing and will become the future of outpatient settings in the US. There is a major shift in the number of surgeries from hospitals to ASCs in various specialties. The ownership changes in the market is revolutionizing the numbers of ASCs. Hospitals are partnering with physicians to own the ASCs and refer patients to ASCs for surgeries. Corporations are partnering with the ASCs, helping them invest in better technology, partnering with physicians, and more. This has increased the competition among the healthcare providers.

From 2016 to 2022, more than 5% of gastroenterology surgeries shifted from hospitals to ASCs, as it is more affordable in ASCs than hospitals. The number of people suffering from gastroenterology disorders is increasing in the US and will increase further. In 2019, the number of ophthalmology ASCs in the US was less than 100; in 2022, it has increased to more than 1,000. This segment is still growing faster in the market, and the number of ASCs is rising.

The reimbursement schemes, awareness among the patients, and competition among the healthcare sectors are driving the ASCs market to the next level with rapid expansion in numbers. Post-COVID-19 pandemic, some of the segments have gone online, and telehealth has impacted the market. The majority of people take consultations through telehealth platforms and get the surgery done in ASCs, eliminating the visits to hospitals in the US.

The increasing aged population in the US, lifestyle changes, increasing disposable income, obesity, and chronic conditions are increasing the healthcare issues, in turn increasing the number of surgeries conducted. ASCs are moving to become a single specialty as they are economical and can become more specialized in one field. This attracts patients with specialty-related issues to get the surgery performed in one particular centre as they have more skilled and specialized technology to perform the surgeries.

MARKET STRUCTURE

Market Dynamics
Competitive Landscape
Key Vendors
Other Prominent Vendors
Strategic Recommendations
Quantitative Summary
Abbreviations

LIST OF VENDORS

Key Vendors

USPI
AMSURG
SCA
HCA
Surgery Partners

Other Prominent Vendors

Cedars Sinai - 90210 Surgery Medical Center
SCA Health - Texas Health Surgery Center Rockwall
Coral Gables Surgery Center
SCA Health - Surgical Center of South Jersey
Allegheny Health Network - Monroeville Surgery Center
Cleveland ASC - Cleveland Surgical Suites
Capital City Surgery Center
SCA Health - Center for Minimally Invasive Surgery
Emory Healthcare - Emory Ambulatory Surgery Center
Proliance Surgeons - Eastside Surgery Center
University of Maryland Medical Center - Ambulatory Surgery Center
Gramercy Surgery Center - New York
UCHealth - Longs Peak Surgery Center
Community Health Network - Community Surgery Center North
SCA Health - Charleston Surgery Center
SCA Health - St. Cloud Surgical Center
Surgery Partners - Birmingham Surgery Center
Mayo Clinic - Building Scottsdale
Ochsner Health - Outpatient Surgery Suite
Copper Ridge - Northwest Michigan Surgery Center
The Surgical Center at Columbia Orthopaedic Group
Methodist Germantown Surgery Center
SCA Health - Grants Pass Surgery Center
Froedtert Surgery Center
SCA Health - Bloomfield Ambulatory Surgery Center
Southwest Medical Surgery Center at W. Charleston
The University of Kansas Health System - KU MedWest Ambulatory Surgery Center
Nebraska Surgery Center
St. Dominic Ambulatory Surgery Center, LLC
UCLA Health - Ambulatory Surgery Center Westwood
Baylor Scott & White SurgiCare - Dallas
The Surgery Center at TGH Brandon Healthplex
Center for Ambulatory and Minimally Invasive Surgery
Wills Eye Surgical Network - Surgery Center in Northeast Philadelphia
The Toledo Clinic - Outpatient Surgery Center - Main Campus
Duke Health - Davis Ambulatory Surgical Center
Rush SurgiCenter
Redmond Regional Medical Center - Surgery Center of Rome
Providence Health & Services - Washington

SEGMENTATION & FORECAST

Specialty

Single Specialty
Multi-Specialty

Ownership

Physician Owned
Physician -Hospital Owned
Physician-Corporate Owned
Physician-Hospital-Corporate
Corporate Owned
Hospital-Owned

Application

Gastroenterology
Ophthalmology
Pain Management
Physician-Hospital-Corporate
Dermatology
Others

Geography

West
South
Mid-West
North-East

For more information about this report visit https://www.researchandmarkets.com/r/luf3z9

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