The global ambulatory surgical centers market reached USD 96.5 billion in 2023 and is expected to reach USD 150.6 billion by 2033, recording a CAGR of 4.5% over the forecast period.
The growth of the Ambulatory Surgical Centers (ASCs) market is attributed to various benefits of ASCs. These are designed to maximize efficiency, eliminate unnecessary services, and decrease treatment costs. Also known as outpatient surgical centers, these are widely acknowledged to be a cost-effective alternative to inpatient settings.
Hospital procedure prices are greater than ASC procedure costs because hospitals must cover higher overhead, administrative, and facility development costs. For this reason, managed care companies, self-care employers, and government payers prefer to opt for low-cost ambulatory care services.
Convenience is another factor influencing patients to opt for these services. Improved efficiency allows the surgeon to treat the patient in relatively less time. According to the Federated Ambulatory Surgery Association (FASA) Outcomes Monitoring Projects, 75% of ASCs started 95% of their cases on time.
Sales of ambulatory surgical centers represent nearly 28% of the global healthcare facilities market. ASCs across the world are constantly making efforts to expand their range of services to drive patient influx and increase revenues by improving quality care and satisfaction. The accessibility for physicians becomes easier as the scheduling of patients’ entry is streamlined for daycare procedures.
Technological advancements such as the introduction of Electronic Health Record (EHR) systems that make recordkeeping easy for patients and physicians are expected to bode well for the market.
EHR helps in data management and interpretation of quality, which helps ASCs to recognize their profitable revenue-generating streams. These advancements in technology are expected to augment the growth of the market in the forthcoming years.
| Attributes | Details |
|---|---|
| Ambulatory Surgical Centers Market Value (2023) | USD 96.5 billion |
| Ambulatory Surgical Centers Market Forecast Value (2033) | USD 150.6 billion |
| Ambulatory Surgical Centers Market CAGR (2023 to 2033) | 4.5% |
The global ambulatory surgical centers market is subject to advancements due to the growing healthcare expenditure and a shift towards outpatient procedures. Further, the remote patient monitoring provisions and growing adoption of healthcare IT solutions to promote patient and clinician connectivity, are projected to benefit market growth in the long run. The key developments in the market include the integration of digital tools during the pre-and-post-operative settings.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
According to Future Market Insights (FMI), sales in the ambulatory surgical centers market registered a CAGR of 4.0% between 2017 to 2022. Increasing research on service portfolios in mobile operative systems driven by the expansion of the healthcare sector is spurring demand in the market.
Healthcare companies are investing in research and development activities to launch mobile surgical centers. Mergers, acquisitions, collaborations, and recognition through extensive research and development for strengthening product portfolios are the key strategies adopted by companies to increase their revenue.
For Instance, in May 2018, AMSURG announced the acquisition of Horizon Eye & LASIK center. With this acquisition, the company brought the practice of ophthalmology into its widely spread ambulatory surgical centers for better care of patients.
Based on the aforementioned factors, FMI has forecast sales to record a CAGR of 4.5% through 2033. Growth is attributed to the rising number of research and development activities like HER and innovative technology development. The companies are increasing their participation in approvals, partnerships, collaborations, mergers, and acquisitions to expand their product portfolios.
| Year | Valuation |
|---|---|
| 2025 | USD 105.38 billion |
| 2028 | USD 120.26 billion |
| 2032 | USD 143.41 billion |
Short Term (2023 to 2026): With an increasing number of patients requesting greater efficiency and affordability in healthcare, the demand for ASCs is predicted to grow. Moreover, the key players are coming forth to substantiate their position in the industry while delivering excellent care facilities. This is projected to propel market expansion in the next few years.
Medium Term (2026 to 2029): Increasing the feasibility of ambulatory surgeries in developing economies, reducing complication profile, and enhancing the quality of health care are all expected to support the market expansion. Further, the ever-increasing pool of surgical patients is projected to augment market expansion in the coming years.
Long Term (2029 to 2033): The non-bureaucratic, responsive environments of ASC, tailored to individual patient’s requirements, is projected to attract a significant amount of patients. Safe and high-quality service, greater personal attention, and reduced costs associated with ASCs are projected to widen the scope of ASCs in the forecast period.
| Historical CAGR (2017 to 2022) | 4% |
|---|---|
| Forecast CAGR (2023 to 2033) | 4.5% |
According to the CDC, in June 2020, 20.5 million Americans aged 40 years or older suffered from cataracts in one or both eyes. This has increased outpatient services in ambulatory centers. These centers are gaining the attention of patients and physicians as it is a one-day procedure, and patients can be discharged within a few hours.
An ambulatory center consists of the latest technological advancement to deliver healthcare facilities. These services are efficient, time-saving, and cost-effective. Since procedural scheduling is done in advance, preventing commotion, they have a clean environment and also don't spread illnesses.
Furthermore, each procedure takes place after initial assessments such as fitness tests. Due to the prior scheduling and fewer people, these centers provide safe and quality care to the patients. Owing to these factors, the market is set to witness an upward trajectory in terms of growth over the assessment period.
Principal Consultant
| Country | The USA |
|---|---|
| Market Size (2033) | USD 73.5 billion |
| CAGR (2023 to 2033) | 4.8% |
| Country | The UK |
|---|---|
| Market Size (2033) | USD 4.7 billion |
| CAGR (2023 to 2033) | 2.3% |
| Country | China |
|---|---|
| Market Size (2033) | USD 5.3 billion |
| CAGR (2023 to 2033) | 4.5% |
| Country | Japan |
|---|---|
| Market Size (2033) | USD 5.7 billion |
| CAGR (2023 to 2033) | 2.4% |
| Country | India |
|---|---|
| Market Size (2033) | USD 3.3 billion |
| CAGR (2023 to 2033) | 2.8% |
| Attributes | Details |
|---|---|
| Market Size (2033) | USD 73.5 billion |
| Market Absolute Dollar Growth (USD million/billion) | USD 27.6 billion |
The USA ambulatory surgical centers market is projected to attain a market value of USD 73.5 billion by 2033. The market is predicted to record a CAGR of 4.8% over the forecast period. Factors contributing towards market expansion include enhancements in medical technology, patient demand, and benefits associated with finances and operations. With the help of provider, societal, and state regulation assistance, many procedures are shifting to out-of-hospital care settings like Ambulatory Surgery Centers (ASCs).
The increasing prevalence of ophthalmic conditions that require an instant point of care is further underpinning the need for advanced ambulatory surgical centers in the country. Healthcare providers in the USA are focusing on delivering significant quality care to patients. Improvements in quality control systems are expected to continue boosting market growth in the forthcoming years.
| Historical CAGR (2018 to 2022) | 4.4% |
|---|---|
| Forecast CAGR (2023 to 2033) | 4.8% |
| Attributes | Details |
|---|---|
| Market Size (2033) | USD 4.7 billion |
| Market Absolute Dollar Growth (USD million/billion) | USD 965.7 million |
The United Kingdom is emerging as a significant market in Europe. The country is estimated to reach USD 4.7 billion by 2033, with a CAGR of 2.3% from 2023 to 2033. The market growth can be attributed to the increasing geriatric population, the prevalence of chronic diseases, and the presence of well-established centers in the country. The favorable regulatory scenarios are likely to offer several opportunities for growth to market players active in the UK
The market is influenced positively by the rising eagerness of ASCs to make price transparency a reality, not just for beneficiaries, but also for every patient. For maximum benefit to the consumer, ASCs can leverage full disclosure of pricing information. This includes the total cost of planned surgical procedures and a particular portion for which the patient would be charged.
With the critical and exhaustive pricing information available prior to the surgery, healthcare consumers would be empowered to make sound decisions. Thus, boosting patient satisfaction and increase in preference for ASC to obtain specialized treatment.
| Historical CAGR (2018 to 2022) | 2.7% |
|---|---|
| Forecast CAGR (2023 to 2033) | 2.3% |
| Attributes | Details |
|---|---|
| Market Size (2033) | USD 5.3 billion |
| Market Absolute Dollar Growth (USD million/billion) | USD 1.9 billion |
The China ambulatory surgical centers market is anticipated to attain a market valuation of USD 5.3 billion by 2033. The market is projected to increase at a robust pace of 4.5% in the next decade. The government in China is subjecting great importance to the expansion of ambulatory surgical centers to optimize the healthcare system in the country. Economic and social benefits associated with ambulatory surgeries are projected to foster market expansion.
ASCs in China are proliferating on account of the increasing burden on healthcare facilities as the country witnesses a rapidly aging population. Potential opportunities for ASCs to address the intensifying demands on the healthcare system by executing more complex surgeries are projected to increase market growth.
| Historical CAGR (2018 to 2022) | 3.9% |
|---|---|
| Forecast CAGR (2023 to 2033) | 4.5% |
| Attributes | Details |
|---|---|
| Market Size (2033) | USD 3.3 billion |
| Market Absolute Dollar Growth (USD million/billion) | USD 775.8 million |
The India ambulatory surgical centers market is projected to attain USD 3.3 billion by 2033. The industry is forecast to record a CAGR of 2.8% over the forecast period. The ASCs have huge potential to grow in India as the country falls short of adequate healthcare capacity. With a sufficient number of surgeons, the ASC industry is predicted to prove to be critical in delivering surgery-related services due to their accessibility and affordability to the common people.
Healthcare consumers are opting for ASCs due to their many benefits, including reduced risk of getting infected in the hospital, improved cost efficiency, and decreased hospital stay. Additionally, the companies active in the region are projected to tie up with top clinicians and are expected to expand via partnership deals and other strategic moves.
| Historical CAGR (2018 to 2022) | 3.2% |
|---|---|
| Forecast CAGR (2023 to 2033) | 2.8% |
| Taxonomy | Centers Type |
|---|---|
| Top Segment | Multispecialty Centers |
| Forecast CAGR | 4.80% |
| Taxonomy | Services |
|---|---|
| Top Segment | Surgical Services |
| Forecast CAGR | 4.60% |
In terms of center type, the multispecialty center segment is projected to hold a significant share of the market, recording a CAGR of 4.8% during the forecast period. These centers have been meeting patients’ expectations in terms of providing care, safety, convenience, and minimizing the length of hospital stay. Subsequently, the ASCs are expanding across the globe.
The copious number of surgical procedures performed in multispecialty centers is projected to increase segment growth in the coming years. Additionally, the ASCs must meet the conditions put forth by the federal government to deliver safe and quality health care.
| Historical CAGR (2018 to 2022) | 4.3% |
|---|---|
| Forecast CAGR (2023 to 2033) | 4.8% |
By services, the surgical services segment is projected to hold a significant share of the market in the next decade. The growth rate of surgical services is expected to be 4.6% CAGR from 2023 to 2033. These services offer a suitable alternative to hospital-oriented outpatient procedures. Additionally, these services are cost-effective, reduce service time, and offer high-quality care and procedures.
The high prevalence of chronic and non-communicable diseases among the population is projected to push the segment’s growth. The growing investment in the healthcare infrastructure and the development of specialized facilities are set to enhance the prospects for surgical services.
| Historical CAGR (2018 to 2022) | 4.1% |
|---|---|
| Forecast CAGR (2023 to 2033) | 4.6% |
Based on modality, the hospital-based segment is forecast to account for a significant share of the total market share by 2033. High-quality care services offered by the hospital-based segment, in comparison with a freestanding ambulatory surgical center, are projected to boost the segment's growth. Increasing employment of hospital-owned practices is anticipated to enhance the revenue of hospital-owned facilities over the forecast period.
The gastroenterology segment is projected to account for a substantial market share over the assessment period. Due to the high number of gastroenterology procedures performed in the ASCs on a yearly basis, the segment is predicted to adopt a healthy momentum. As per the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), 60 million Americans get affected by digestive disorders. The main reasons behind the prevalence of digestive disorders include an unhealthy lifestyle and excessive consumption of junk food and a high-cholesterol diet.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Leading players operating in the ambulatory surgical centers market are aiming to strengthen their market position. Strategic moves employed by key players include product approvals, collaborations, mergers, acquisitions, and partnerships with established and emerging market players. For instance:
| Attributes | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD million/billion for Value |
| Key Countries Covered | The USA, Canada, Germany, the UK, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkey, South Africa |
| Key Segments Covered | Centers Type, Modality, Services, Specialty Area, and Region |
| Key Companies Profiled | AmSurg Corp; Tenet Healthcare; HCA Holdings, Inc.; Surgical Care Affiliates, Inc.; Surgery Partners; Ambulatory Surgical Centers of America; Pinnacle III; Proliance Surgeons; Regent Surgical Health; SurgCenter Development |
| Report Coverage | Market Forecast, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
In 2023, the United States is anticipated to hold 4.8% of the global ASC market share.
Asia Pacific is expected to be valued at USD 76.2 billion by 2033.
The market in India is expected to expand at a CAGR of 13.5%.
Increasing demand for minimally invasive surgeries and rising disposable incomes.
Increased focus on outpatient care and expansion of ASC chains.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Centers Type 5.1. Single Specialty Centers 5.2. MultiSpecialty Centers 6. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Modality 6.1. Hospital-Based Ambulatory Surgical Center 6.2. Freestanding Ambulatory Surgical Center 7. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Services 7.1. Diagnostic Services 7.2. Surgical Services 8. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Specialty Area 8.1. Gastroenterology 8.2. Ophthalmology 8.3. Orthopedics 8.4. Pain/Neurology 8.5. Urology 8.6. Dermatology 8.7. Others 9. Global Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Region 9.1. North America 9.2. Latin America 9.3. Western Europe 9.4. Eastern Europe 9.5. Asia Pacific excluding Japan 9.6. Japan 9.7. Middle East & Africa (MEA) 10. North America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 11. Latin America Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 12. Western Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 13. Eastern Europe Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 14. Asia Pacific excluding Japan Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 15. Japan Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 16. Middle East and Africa Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Country 17. Key Countries Market Analysis 18. Market Structure Analysis 19. Competition Analysis 19.1. AmSurg Corp 19.2. Tenet Healthcare 19.3. HCA Holdings, Inc. 19.4. Surgical Care Affiliates, Inc. 19.5. Surgery Partners 19.6. of America 19.7. Pinnacle III 19.8. Proliance Surgeons 19.9. Regent Surgical Health 19.10. SurgCenter Development 20. Assumptions & Acronyms Used 21. Research Methodology
Explore Healthcare Insights
View Reports
Ambulatory Surgical Centers Market
