U.S. Ambulatory Surgical Centers Market – Industry Trends and Forecast to 2031

U.S. Ambulatory Surgical Centers Market, By Type (Hospital-Associated, Free Standing), IT Components (Hardware, Software, Services), IT Product And Services (Clinical IT Solutions, Non-Clinical Healthcare IT Solutions, HCIT Outsourcing Services, HER, Practice Management, Telehealth, Healthcare Analytics, PHM, Supply Chain Management, RCM, Surgical Planning, Quality Management), Ownership (Physician Only, Corporate-Hospital, Other), Surgery Type (Endoscopy, Ophthalmology, Orthopedic, Pain Management/Spinal Injections, Plastic Surgery, Podiatry, Obstetrics / Gynecology, Dental, Otolaryngology, Gastroenterology, Others), Specialty (Single Specialty, Multispecialty), Services (Diagnosis, Treatment), Population Type (Children, Adults)  – Industry Trends and Forecast to 2031.

U.S. Ambulatory Surgical Centers Market Analysis and Size

Ambulatory surgical centers (ASCs) in the U.S. offer cost-effective, same-day surgical services, encompassing diagnostics and preventative care. A report by OR Manager highlights that out of the 57 billion annual surgical procedures in the U.S., less than 20% take place in inpatient hospital facilities. This trend underscores a rising preference for ASCs, driven by their ability to deliver specialized outpatient care at lower healthcare costs. The shift towards ASCs reflects a broader movement towards efficient and patient-centric healthcare delivery models.

U.S. ambulatory surgical centers market size was valued at USD 36.51 billion in 2023 and is projected to reach USD 57.32 billion by 2031, with a CAGR of 5.80% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Report Scope and Market Segmentation       

Market Definition

An ambulatory surgical center (ASC) is a specialized healthcare facility designed to provide same-day surgical services for outpatients, encompassing diagnostics and preventive care. Offering a cost-effective alternative to conventional hospitals, ASCs cater to a range of medical specialties, including pain management, orthopedics, gastroenterology, ophthalmology, urology, and dermatology. These centers prioritize efficient and streamlined procedures, allowing patients to undergo necessary treatments and return home on the same day, thus minimizing disruption to their daily lives while ensuring high-quality medical care.

Ambulatory Surgical Centers Market Dynamics

Drivers

• Increasing Reimbursement Policies Enhances Access to Outpatient Surgical Services

As reimbursement policies become more favorable towards ASCs, healthcare providers are incentivized to perform more procedures in these centers. This trend is driven by cost containment efforts within the healthcare industry and the recognition of ASCs as efficient and cost-effective alternatives to traditional hospital settings. With higher reimbursement rates, ASCs can invest in advanced technology, expand their service offerings, and attract more patients. Consequently, this fosters market growth by encouraging the development and expansion of ASCs, thereby enhancing access to outpatient surgical services and driving competition within the sector.

• High Prevalence Rate of Neurogenerative Disorders Leads to the Demand for Ambulatory Surgical Centers

With an increasing aging population and advancements in diagnostic technologies, the demand for specialized neurosurgical procedures, including deep brain stimulation, neurostimulation, and minimally invasive surgeries, has surged. ASCs provide a conducive environment for performing these procedures efficiently and cost-effectively, offering patients access to advanced treatments while minimizing hospital stays and reducing healthcare expenses.

Opportunities

• Increasing Rate of Orthopedic Surgeries Raises the Demand for Deliver High-Quality Surgical Care

The expansion of coverage by the Centers for Medicare & Medicaid Services (CMS) to include complex procedures such as total hip replacement has fueled the demand for orthopedic surgeries in ASCs. This trend underscores a shifting landscape where ASCs are increasingly central to delivering specialized outpatient orthopedic care, reflecting both patient preference for same-day procedures and the healthcare industry's drive towards more cost-effective and efficient care models. As ASCs continue to demonstrate their ability to deliver high-quality surgical care in a convenient outpatient setting, they stand poised for further growth and prominence in the healthcare sector.

• Rising Strategic Initiatives Undertaken by Market Players Fosters Improved Patient Outcomes

Strategic initiatives, which include collaborations, joint ventures, and expansions, signify a growing recognition of the benefits and potential of ASCs in providing cost-effective and specialized outpatient surgical care. Such endeavors not only enhance access to advanced medical technologies and specialized treatments but also contribute to the expansion of ASC services into various medical specialties. Ultimately, these strategic moves foster innovation, efficiency, and improved patient outcomes within the ASC market, positioning it for further growth and development in the healthcare landscape.

In January 2021, HST Pathways launched 'HST One,' a premier membership program tailored for ambulatory surgery centers (ASCs). This initiative allows ASCs to access bundled popular products as part of their membership, with the option to customize their package by adding additional services as required. By offering flexibility and convenience, 'HST One' aims to streamline operations and enhance efficiency for ASCs seeking comprehensive solutions from a single provider.

Restraints/Challenges

• Lack of Skilled Professionals Limits the Expansion of Ambulatory Surgical Centers

As ASCs offer specialized surgical services across various medical disciplines, the demand for proficient and experienced healthcare professionals, including surgeons, anesthesiologists, nurses, and support staff, is essential. However, the shortage of skilled personnel can hinder the expansion and effectiveness of ASCs, impacting their ability to provide quality care and meet patient needs efficiently.

• Rising Capital Investment Requirements Limits the Expansion of Ambulatory Surgical Centers

Capital investment requirements encompass expenses for infrastructure setup, medical equipment procurement, regulatory compliance, and staffing. High capital demands can deter potential entrants into the market, limiting the expansion of ambulatory surgical centers and potentially hindering accessibility to outpatient surgical services. Stringent financial prerequisites may impede the ability of existing centers to upgrade facilities or adopt advanced technologies, thereby constraining their competitiveness and capacity to meet evolving healthcare needs.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In February 2022, EMU Health and NYU Langone Orthopedics launched a groundbreaking outpatient joint replacement program, focusing on specialized joint surgeries in ambulatory care settings. This collaborative initiative aims to drive significant growth in the outpatient joint replacement segment, offering patients more convenient access to specialized care while potentially reducing healthcare costs and improving overall outcomes
• In January 2022, ValueHealth LLC and Penn State Health formed a joint venture collaboration, with Penn State Health acquiring a stake in the Surgery Center of Lancaster. This partnership marks a significant development in the ambulatory healthcare landscape, emphasizing the growing importance of Ambulatory Centers of Excellence (ACE) and fostering enhanced healthcare delivery models
• In December 2021, Leica Microsystems and SurgicalOne expanded their collaboration to distribute surgical microscopes in Maryland, Virginia, and Washington D.C. This strategic partnership aims to improve access to advanced surgical imaging technology within these regions, potentially enhancing surgical outcomes and patient care through increased availability of cutting-edge equipment
• In September 2021, Nikon Corporation introduced the ECLIPSE Ci-L plus biological microscope, featuring an innovative design that eliminates the need for manual light intensity adjustments after magnification changes. This advancement reduces physical strain during extended microscopy sessions and enhances the overall user experience by streamlining observation processes

Ambulatory Surgical Centers Market Scope

The market is segmented on the basis of type, IT components, IT product and services, ownership, surgery type, specialty, services, population type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Hospital-Associated
• Free Standing

IT Components

• Hardware
• Software
• Services

IT Product and Services

• Clinical IT Solutions
• Non-Clinical Healthcare IT Solutions
• HCIT Outsourcing Services
• EHR
• Practice Management
• Telehealth
• Healthcare Analytics
• PHM
• Supply Chain Management
• RCM
• Surgical Planning
• Quality Management

Ownership

• Physician Only
• Corporate-Physician
• Hospital-Physician
• Corporate-Hospital
• Other

Surgery Type

• Endoscopy
• Ophthalmology
• Orthopedic
• Pain Management/Spinal Injections
• Plastic Surgery
• Podiatry
• Obstetrics / Gynecology
• Dental
• Otolaryngology
• Gastroenterology
• Others

Specialty

• Single Specialty
• Multispecialty

Services

• Diagnosis
• Treatment

Population Type

• Children
• Adults

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the market. The data is available for historic period 2016-2021.

Competitive Landscape and Ambulatory Surgical Centers Market Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Some of the major players operating in the market are:

• Oracle (U.S.)
• McKesson Medical-Surgical Inc. (U.S.)
• Veradigm LLC (U.S.)
• Epic Systems Corporation (U.S.)
• athenahealth, Inc. (U.S.)
• Optum Inc. (U.S.)
• Prospect Medical Holdings, Inc.(U.S.)
• Nuance Communications, Inc (U.S.)
• CareCloud, Inc (U.S.)
• Advanced Data Systems (U.S.)
• NXGN Management, LLC (U.S.)
• Medical Facilities Corporation (Canada)
• Koninklijke Philips N.V.(Netherlands)
• Ambulatory Surgery Center Association (U.S.)
• AMSURG (U.S.)
• T.H. Medical (U.S.)
• Surgery Partners (U.S.)
• SurgCenter (U.S.)
• HCA Management Services, L.P. (U.S.)