Healthcare costs are far lower in ambulatory surgery centres than in hospitals. According to an OR management analysis based on CMS statistics, 57 million surgical procedures will be conducted in the United States in 2020, with less than 20% of the procedures performed in outpatient hospital facilities, indicating a shift in demand from hospitals to ambulatory surgery centres. Following the COVID-19 pandemic, ambulatory surgery centres are likely to experience rapid growth, offering more prospects for ASCs. Healthcare providers and the government are launching a number of efforts to meet the growing demand for minimally invasive procedures at ASCs.
Data Bridge Market Research analyses a growth rate in the Ambulatory Surgical Centers Market in 2023-2030. The expected CAGR of the ambulatory surgical centers market tends to be around 5.80% in the mentioned forecast period. The market was valued at USD 34,507.8 million in 2022 and would grow to USD 54,175.46 million by 2030.
“Growing awareness about favorable reimbursement policies is bolstering the market growth”
The reimbursement policies aid in generating market demand. In the United States, Medicare reimburses services in ambulatory surgery centres in accordance with the Centres for Medicare & Medicaid Services' policy. According to CMS, the payment group for ambulatory surgical centres is assigned in the United States for finalizing payment rates for treatments at these centres. In addition to service compensation, CMS maintains a value-based buying program for these centres that offers providers reimbursement based on patient outcomes. As a result, this aspect increases market growth.
What restraints the growth of the U.S. Ambulatory Surgical Centers Market?
“High costs associated will restrain the market growth"
The corporation is concerned about rising healthcare expenses since many people cannot afford treatment, particularly surgical operations. As a result, healthcare providers and manufacturers have been developing novel approaches and strategies to reduce the cost of medicines while maintaining high-quality surgeries that will help patients on a large scale. As a result, these factors limit market expansion.
Segmentation: U.S. Ambulatory Surgical Centers Market
The ambulatory surgical centers market is segmented on the basis of type, IT components, IT product and services, specialty, services, population type, ownership and surgery type.
- On the basis of type, the market is segmented into hospital-associated and free standing.
- On the basis of IT components, the market is segmented into hardware, software, and services.
- On the basis of IT product and services, the market is segmented into clinical IT solutions, non-clinical healthcare IT solutions, and HCIT outsourcing services.
- Based on specialty, the market is segmented into single specialty and multispecialty.
- Based on services, the market is segmented into diagnosis and treatment.
- Based on population type, the market is segmented into children and adults.
- Based on ownership, the market is segmented into physician only, corporate-physician, hospital-physician, corporate-hospital and other.
- Based on surgery type, the market is segmented into endoscopy, ophthalmology, orthopedic, pain, plastic surgery, podiatry, gynecology, dental, otolaryngology, and others.
To know more about the study, visit, https://www.databridgemarketresearch.com/reports/us-ambulatory-surgical-centers-market
The Prominent Key Players Operating in the U.S. Ambulatory Surgical Centers Market Include:
- Oracle (U.S.)
- MCKESSON CORPORATION (U.S.)
- Allscripts Healthcare, LLC (U.S.).
- Epic Systems Corporation (U.S.)
- athenahealth, Inc. (U.S.)
- Optum Inc. (U.S.)
- General Electric (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 and ASCA Foundation (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of U.S. ambulatory surgical centers market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: U.S. Ambulatory Surgical Centers Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, global vs regional and vendor share analysis. Please request analyst call in case of further inquiry.
