A new report by Infinium Global Research dives deep into the global ambulatory surgical center (ASC) market, breaking it down into different categories. It also examines the factors that will influence this market in various regions, both now and in the future. This report provides a thorough overview of current trends, predictions, and the overall value of the global ASC market. Infinium Global Research predicts significant growth in this market over the next eight years (2024-2032).

Ambulatory Surgical Centers (ASCs): A Convenient Option for Outpatient Care

ASCs, also known as outpatient surgery centers, are modern healthcare facilities designed for same-day surgical care, including diagnostics and preventive procedures. These centers cater to non-emergency surgeries and procedures scheduled in advance, typically not requiring an overnight stay. Compared to traditional hospitals, ASCs offer cost-effective facilities with a more comfortable and less stressful environment. Patients benefit from convenience, shorter wait times, same-day procedures, and targeted care with greater privacy, all at a lower overall cost.

COVID-19 Impact: A Temporary Setback

The COVID-19 pandemic undeniably impacted the demand for ASCs. Concerns around coronavirus infection led to a temporary decline in demand for elective surgeries. Government regulations on procedures and potential virus exposure for staff forced surgeons to re-evaluate their approach. Additionally, surgical departments prioritized COVID-19 treatment, rescheduling non-essential procedures. This resulted in a decrease in minimally invasive surgeries performed at ASCs during the 2020 outbreak.

Drivers and Opportunities for ASC Market Growth

• Rise of Minimally Invasive Surgery: This is a major driver for ASC growth. Minimally invasive procedures are well-suited for outpatient settings due to quicker recovery times.
• Increasing Chronic Diseases and Aging Population: The growing prevalence of chronic diseases and a larger geriatric population with more health concerns fuel the demand for ASC services. ASCs offer efficient, high-quality care at a lower cost, making them an attractive option for this demographic.
• Advancements in Medical Technology: Improvements in anesthesia, pain management techniques, and the expansion of minimally invasive and non-invasive procedures all present lucrative opportunities for ASCs.
• Strategic Alliances: Mergers and acquisitions between ASCs, hospitals, and physicians hold promise for future growth by creating a more comprehensive and accessible care network.

Challenge: Lower Reimbursement Rates

Lower reimbursement rates for procedures performed at ASCs compared to hospitals pose a financial challenge for these facilities.

Get Sample pages of Report: https://www.infiniumglobalresearch.com/reports/sample-request/1371

Regional Analysis

1. North America:

• High adoption of advanced surgical gloves.
• Supportive government initiatives.
• Frequent mergers and acquisitions among market players.
• Growing popularity of ASCs as a convenient alternative to hospital outpatient procedures.
• Increasing use of robotic surgery.

2. Europe:

• (Implicit driver) Likely driven by similar factors as North America, but to a lesser extent.

3. Asia-Pacific:

• Driver: Rising incidence of chronic diseases, leading to a greater need for surgical procedures.

Market Segmentation

1. By Ownership:

• Hospital-affiliated ASCs
• Freestanding ASCs

2. By Specialty Type:

• Single-specialty centers (focused on one specific surgical area like ophthalmology or orthopedics)
• Multi-specialty centers (offering a wider range of surgical services)

3. By Specialties Served:

• Dental
• Gastroenterology
• Ophthalmology
• Orthopedics
• Neurology
• Pediatrics
• Other specialties

Competitive Landscape

• Envision Healthcare Corp
• Surgery Partners Inc.
• Tenet Healthcare Corp
• NueHealth LLC
• Acumen Healthcare LLC
• IntegraMed America, Inc.
• Hospital Corporation of America (HCA) Management Services, L.P
• Healthway Medical Group
• Medical Facilities Corporation
• AmSurg Corp

Report Overview: https://www.infiniumglobalresearch.com/reports/global-ambulatory-surgical-centers-market

Future Outlook:

Despite the temporary setback caused by COVID-19, the future outlook for ASCs is promising. The rising popularity of minimally invasive surgery, increasing chronic diseases, and a growing geriatric population all point towards a strong demand for ASC services. Advancements in medical technology, lucrative opportunities for minimally invasive procedures, and strategic collaborations between ASCs, hospitals, and physicians will further propel market growth in the coming years.

Conclusion:

ASCs offer a valuable and convenient option for outpatient surgical care. While the COVID-19 pandemic caused a temporary setback, the market is poised for significant growth fueled by advancements in medical technology, increasing demand for minimally invasive procedures, and strategic collaborations. ASCs are well-positioned to play a major role in the future of healthcare delivery.