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U.S. Ambulatory Surgery Centers Market to Exceed USD 31.4 Billion with Rising Geriatric Population & Prevalence of Diabetes by 2024

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The total population in the United States from age 65 and above was 50 Million, whereas the prevalence of diabetes in the age group of20 to 79 was 10.79% during 2017~ World Bank

U.S. Ambulatory Surgery Centers Market Outlook: Potential Demand Analysis & Opportunity Assessment 2016-2024

The healthcare sector in the U.S. is witnessing great evolution. Rising number of diseases and demand for outpatient surgery has heightened the growth of the ambulatory surgical centers. The ambulatory surgical centers are more economical as compared to the hospitals and nursing homes as they help patients with instant medical services and quick discharge facilities. Further, the vendors of ambulatory surgical centers are spending huge capital in acquiring companies in order to develop innovative and technologically advanced ambulatory surgical centers that can offer surgical treatment for various diseases.

The U.S. ambulatory surgery centers market is predicted to flourish on the back of increasing cases of diabetes, eye disorders such as diabetic retinopathy along with increased spending on treatments and is estimated to cross market valuation of USD 31.4 Billion by the end of 2024 by expanding at a healthy CAGR of 2.6% over the forecast period. Moreover, rising prevalence of chronic diseases in U.S. along with the growing need for better healthcare infrastructure has amplified the demand for ambulatory surgical centers in the United States.

The treatment segment in the U.S. ambulatory surgery centers market garnered USD 25.8 Billion in 2016, where the laceration treatment segment dominated the overall treatment segment by reaching USD 8.3 Billion in the same year. The treatment segment is further divided into bone fracture, emergency care service, trauma or accident treatment among others, out of which , the emergency care service segment is projected to achieve Y-o-Y growth rate of 3.4% in 2024.

Growing Geriatric Population & Rising Prevalence of Chronic Diseases to Augment the Demand for Ambulatory Surgery Centers

The growing rate of old age population and high occurrence of chronic diseases, gastrointestinal, diabetes resulting in eye related diseases, musculoskeletal and others diseases are the major drivers behind the opening of the technologically advanced ambulatory surgery centers equipped with improved pain operating methods in the United States. According to the Agency for Healthcare Research and Quality, the highest number of ambulatory surgery centers was in California, accounting to 753 during 2014, followed by Florida, Texas and Maryland among others.

The U.S. ambulatory surgical centers market is expected to grow at a remarkable pace in future. The demand for highly advanced ambulatory surgical centers is getting stronger all across the United States on the account of positive government initiatives to develop advanced healthcare infrastructure which is further offering opportunities for various ambulatory surgical center companies to expand their presence in the United States.

Additionally, big players of the U.S. ambulatory surgical centers are entering into partnership and joint venture in order to expand their business all across the U.S. For instance, Tenet Healthcare Corporation, United Surgical Partners International (a Tenet subsidiary) and Hospital for Special Surgery (HSS) (world’s leading academic medical center focused on musculoskeletal health) announced a joint partnership to create an orthopedic care center in West Palm Beach, Florida.

Ongoing Progress by the Industry Players to Minimize the Barriers faced by the U.S. Ambulatory Surgical Centers Market

According to Research Nester, the presence of numerous industry players in the U.S. ambulatory surgical centers market combined with the preference towards hospitals by the patients might hamper the growth of the market in upcoming years.

The report titledU.S. Ambulatory Surgery Centers Market Outlook: Potential Demand Analysis & Opportunity Assessment 2016-2024” delivers detailed overview of the U.S. ambulatory surgical centers market in terms of market segmentation by type, by specialty and by treatment.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the U.S. ambulatory surgical centers market which includes company profiling of HCA Holdings Inc., Envision Healthcare Corporation, Tenet Healthcare Corporation, Surgery Partners Inc., Surgical Care Affiliates Inc., SurgCenter Development Inc., Recent Surgical Health and Ambulatory Surgical Centers of America.

The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the U.S. ambulatory surgical centers market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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