Dublin, July 11, 2024 (GLOBE NEWSWIRE) -- The "U.S. Ambulatory Surgery Center Market Size, Share & Trends Analysis Report by Specialty (Orthopedics, Otolaryngology), Ownership (Physician, Hospital) by Center Type (Single, Multispecialty), Device Type, Region, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering.
U.S. Ambulatory Surgery Center (ASC) market size expected to surge to USD 60.8 billion by 2030, advancing at a Compound Annual Growth Rate (CAGR) of 6.02% from 2024.
Simultaneously, the ASC devices market is set to reach USD 49.1 billion at an even higher CAGR of 8.89% over the same forecast period. The increasing preference for streamlined surgical care that ASCs offer is a vital contributor to this anticipated growth. Reduced healthcare costs, favorable reimbursement environment, and lower infection risks compared to hospital settings are other factors fuelling the market expansion.
Specialty and Ownership Trends in ASC Market
In the specialty segment, orthopedics maintained the largest market share in 2023, attributed to broader ASC coverage for new procedures and advancements in surgery-related technologies. ASCs owned by physicians represented the dominant ownership type, buoyed by the benefits of having skilled surgeons readily available. Single-specialty ASCs led the market in terms of center type due to their widespread presence throughout the United States. Region-wise, the Southeast stands out with the most substantial market share, marked by a growing inclination towards outpatient procedures and a significant number of physician-owned ASCs.
Innovations and Regional Highlights
Technology continues to revolutionize the ASC space. For instance, Stryker's introduction of the Ortho Q guidance system in July 2023 exemplifies the advancements tailored for ASC applications. Another leap in innovation was seen in November 2023, with BD's sophisticated ultrasound system's launch that aids clinicians in vascular access device placement, championing efficiency and procedural smoothness. The report underscores that these technological enhancements fortify the position of ASCs as pivotal players in the healthcare industry by optimizing outcomes, reducing operational costs, and improving efficiency.
Key Takeaways for Stakeholders
The detailed evaluation of current market dynamics suggests significant growth opportunities within the ASC market. Stakeholders are presented with an in-depth understanding of the competitive landscape and emerging trends that inform strategic planning and decision-making processes. With the continual technological evolution in this sector, the ASC market is set to redefine surgical care efficiency and patient outcomes in the forthcoming era.
The findings emphasize the importance for healthcare providers, investors, and policymakers to stay abreast of the sector's progression as it moves toward a more patient-centered, cost-effective, and technologically advanced future.
For additional insights and detailed market analysis, including region-specific growth projections and key strategy implementations by industry leaders, stakeholders across the healthcare continuum are invited to consider the comprehensive findings of the U.S. Ambulatory Surgery Center Market.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 100 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $40.41 Billion |
| Forecasted Market Value (USD) by 2030 | $60.8 Billion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | United States |
Companies Featured
- Envision Healthcare Corporation (KKR & CO. INC.)
- Tenet Healthcare Corporation
- Mednax Services, Inc. (Pediatrix Medical Group, Inc)
- TeamHealth
- UnitedHealth Group
- Quorum Health
- Surgery Partners
- Community Health Systems, Inc.
- SurgCenter
- Prospect Medical Systems
- Edward-Elmhurst Health
- MCKESSON CORPORATION
- BD
- Koninklijke Philips N.V.
- 3M
- Olympus America
- GE HealthCare
- Abbott
- Medtronic
- Zimmer Biomet
- Henry Schein, Inc.
- STERIS plc
For more information about this report visit https://www.researchandmarkets.com/r/9ax5zb
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