U.S. Ambulatory Surgical Centers Market 2020 Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2026
Category: #business  By Ronak Bora  Date: 2021-03-22
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U.S. Ambulatory Surgical Centers Market 2020 Regional Growth Drivers, Opportunities, Trends, and Forecasts to 2026

U.S. Ambulatory Surgical Centers Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Ongoing medical advancements and rising demand for minimally invasive procedures are likely to foster U.S. ambulatory surgical centers market growth. The geriatric population in the U.S. is increasing at a tremendous pace and is also highly susceptible to chronic diseases. In accordance, the U.S. government has been diligent in introducing several supportive reimbursement policies and cost-effective treatments & services, which will enhance U.S. ambulatory surgical centers industry trends.

A comprehensive research report published by Global Market Insights, Inc., U.S. ambulatory surgical centers market size is expected to exceed USD 37 billion by 2026.

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Escalating population with chronic disorders

Many chronic diseases, such as cancer, cardiac diseases, rheumatoid arthritis, obesity, cardiac diseases, and diabetes are witnessing huge prevalence in the U.S., resulting in colossal demand for ambulatory surgical centers. The Centers for Diseases Control and Prevention (CDC) suggests that in 2016, around 93.3 million adults were suffering from obesity in the U.S. Increasing number of trauma and road accidents is also anticipated to propel U.S. ambulatory surgical centers market growth.

Amplifying demand for neurological procedures

Based on surgery type, U.S. ambulatory surgical centers industry is bifurcated into endoscopy, orthopedic, ophthalmology, plastic surgery, dental, neurology, podiatry, and obstetrics/gynecology. Among these, neurology segment is likely to gain heavy profits due to soaring demand for neurovascular surgical procedures. Minimally invasive technologies being extensively advanced, are gaining mainstream prominence, leading to the rising demand for neurovascular procedures. Neurology segment is projected to accrue more than $3.9 billion in revenue by 2026.

Potential benefits offered by physicians and hospitals

Based on ownership, U.S. ambulatory surgical centers market can be segmented into corporation only, hospital & corporation, physician & corporation, physician & hospital, and hospital only. Among these, in 2019, physician & hospital segment accrued $2.7 billion and is predicted to register substantial gains over the coming years. The segmental growth can be accredited to myriad benefits provided by physicians and hospitals, such as better productivity, enhanced patient experience, and financial development.

Surging preference for multi-specialty ASCs

Based on specialty, U.S. ambulatory surgical centers industry is segmented into single specialty and multi-specialty. In 2019, multi-specialty segment garnered over $12 billion and is estimated to witness similar growth patterns over the forecast period. Multi-specialty ASCs offer several services and is a major platform for revenue expansion. 

A multitude of supportive reimbursement policies has been accentuating U.S. ambulatory surgical centers market growth. For example, in 2015, Medicare approved several new profit-making spine surgeries, which benefitted many multi-specialty centers providing orthopedics.

Rising demand for advanced diagnosis

Based on service, U.S. ambulatory surgical centers industry is divided into treatment and diagnosis. In 2019, diagnosis segment accrued over $7 billion due to increasing incidences of chronic conditions, such as cancer and cardiovascular diseases. Prevalence of these diseases has augmented demand for advanced and effective diagnosing tools. ASCs have proved to be rather economical, especially for treatment of chronic diseases, as compared to hospitals in the U.S., on account of which they have gained immense demand.

Collaborations to define the strategic roadmap

Eminent U.S. ambulatory surgical centers market players have been adopting numerous strategic initiatives, including partnerships with hospitals & physicians, and mergers and acquisitions to improve their standing in the industry. For example, in April 2018, Tenet Healthcare acquired 95% ownership of United Surgical Partners International to expand the number of ASCs throughout the nation. 

Browse full table of contents (TOC) of this report @ https://www.decresearch.com/toc/detail/us-ambulatory-surgical-centers-market

Partial Chapter of the Table of Content 

Chapter 2.   Executive Summary

2.1. U.S. Ambulatory Surgical Centers industry 3600 synopsis, 2015 - 2026

2.1.1.  Business trends

2.1.2.  Ownership trends

2.1.3.  Surgery type trends

2.1.4.  Specialty type trends

2.1.5.  Service trends

2.1.6.  Regional trends

Chapter 3.   U.S. Ambulatory Surgical Centers Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2015 - 2026

3.3. Industry impact forces

3.3.1.  Growth drivers

3.3.1.1.  Increasing geriatric population & chronic diseases

3.3.1.2.  Availability of minimally invasive treatments

3.3.1.3.  Favorable reimbursements and government policies

3.3.1.4.  Lower risk of infections in ASCs than hospitals

3.3.2.  Industry pitfalls and challenges

3.3.2.1.  High costs of medical devices

3.3.2.2.  Low physician-to-patient ratio

3.4. Growth potential analysis

3.4.1.  By ownership

3.4.2.  By surgery type

3.4.3.  By specialty type

3.4.4.  By service

3.5. Porter’s analysis

3.6. Competitive landscape, 2019

3.6.1.  Strategy dashboard

3.7. PESTEL analysis

 

About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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