Ambulatory Surgical Centers Market 2021: Top Three Trends Driving the
Major ambulatory surgical centers market players include Ambulatory Surgical Centers of America, AMSURG (Kohlberg Kravis Roberts & Co. L.P.), ASD Management, HCA Healthcare, Pinnacle III, Proliance Surgeons, Inc., Regent Surgical Health L.L.C, Surgery Partners, SurgCenter Development, Surgical Care Affiliates (United health Group Incorporated) and Surgical Management Professional, LLC.
Selbyville, Delaware, Oct. 04, 2021 (GLOBE NEWSWIRE) —
The ambulatory surgical centers market size is anticipated to record a valuation of USD 117 billion by 2027, according to the most recent study by Global Market Insights Inc. The market growth is poised to grow at a considerable rate through the ensuing years owing to an increase in the number of surgical procedures performed at ASCs.
These settings are becoming popular over the past few years as they provide patients with same-day surgery alternatives that save physicians’ as well as the patients’ time. The presence of sophisticated healthcare professionals and affordable treatment options is further estimated to drive industry expansion.
The growth can be partially ascribed to the rising focus of major market players on adoption of corporate expansion strategies such as mergers, acquisitions, partnerships, and product developments for consolidating their position in the market.
Key participants in the ambulatory surgical centers market comprise Pinnacle III, AMSURG, SurgCenter Development, Surgical Management Professional, LLC, ASD Management, Surgery Partners, Proliance Surgeons, Inc., and others.
Some major factors bolstering ambulatory surgical centers industry outlook are as follows:
Rising ASC deployment for treatment of orthopedics
Ambulatory surgical centers offer numerous treatments including orthopedic at a reduced cost. As per data published by JAAOS (Journal of the American Academy of Orthopedic Surgeons), ASCs make it possible to save nearly 17 to 43% on direct costs depending on the procedure, enhancing patient satisfaction.
The segmental expansion is further impelled by the presence of nurse practitioners, occupational and physical therapists, and physician assistants in ASCs for the provision of better and immediate care. Propelled by these benefits of ambulatory surgery centers, the orthopedic segment is expected to record a CAGR of 6.5% from 2021 to 2027.
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Favorable government initiatives in the Asia Pacific
The presence of a large patient pool in the APAC region diagnosed with various health conditions is set to escalate the requirement for ambulatory surgical centers. The regional growth is propelled by increasing awareness regarding same day surgical care and favorable government initiatives.
Asia is one of the top destinations for medical tourism owing to high quality treatment and lower costs, Driven by these aspects, the Asia Pacific ambulatory surgical centers market…
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