The Ambulatory Surgical Center Market is set to grow at a 3.9% CAGR, reaching US$ 130.6 Bn by 2031, driven by increased demand for minimally invasive procedures.
As per a recent study by Future Market Insights (FMI), the global Ambulatory Surgical Center Market totaled US$ 85.4 Bn in 2020. With sales growing at a 3.9% CAGR, the market valuation is poised to reach US$ 130.6 Bn by 2031.
Increasing number of clinical procedures such as lithotripsy, coronary angiography, hemodialysis, radiotherapy (for cancer), and chemotherapy is driving demand for ambulatory surgical centers. Earlier, all clinical condition were treated in the hospital, be it a simple suturing procedure or a deep invasive procedure. These minimal invasive procedures led the count of inpatient admissions to increase, resulting in disorganization in the hospital environment.
When a common outpatient procedure is performed in the ambulatory surgical center it saves up to 59% of the total spending, according to the Ambulatory Surgery Center Association.
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These factors are driving investments in hospitals for the establishment of ambulatory surgical centers. This is expected to create lucrative opportunities for platers operating in the market, especially in developing regions.
“Growing demand for mobile healthcare services, coupled with favorable government policies encouraging the establishment of these centers in rural areas is expected to drive the market in the forthcoming years,” says an FMI analyst.
Key Takeaways:
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Who is winning?
Key market players covered by FMI include AmSurg Corp, Tenet Healthcare, HCA Holdings, Inc., Surgical Care Affiliates, Inc., Surgery Partners, and Ambulatory Surgical Centers of America.
Leading players operating in the global ambulatory surgical centers market are focusing on new service offering, collaborations, and partnerships to improve their product portfolios, and to strengthen their global presence.
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The article discusses the growth and trends in the Ambulatory Surgical Center Market from 2021 to 2031.
The market is expected to grow at a 3.9% CAGR, reaching US$ 130.6 Bn by 2031.
The U.S. and China are significant players, with the U.S. leading in North America and China in East Asia.
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