Ambulatory Surgical Centers Market size was valued at USD 41.57 Billion in 2023 and is likely to reach USD 95.43 Billion by the end of 2036, registering around 6.6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of ambulatory surgical centers is assessed at USD 44.04 Billion. The growth of the market can primarily be attributed to the growing demand for hospitals as well as ambulatory surgical centers along with increasing healthcare expenditure worldwide, the increasing number of surgeries, and growing cases of chronic diseases. For instance, the global healthcare expenditure in 2019, accounted for 9.8% of the gross domestic product (GDP).
With increasing operating room procedures as well as costly inpatient stays, the demand for ambulatory surgical centers is on the rise amongst patients, which in turn, is expected to create massive revenue generation opportunities for the key players operating in the global market during the forecast period. For instance, it was found that, in the United States, over 9 million inpatient stays involved operating room procedures in 2018, whereas the stays involving operating room procedures accounted for USD 210 billion in aggregate costs. Also, the rising geriatric population with chronic illnesses worldwide, and the increasing availability of minimally invasive therapies are estimated to propel the market growth.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
6.6% |
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Base Year Market Size (2023) |
USD 41.57 Billion |
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Forecast Year Market Size (2036) |
USD 95.43 Billion |
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Regional Scope |
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Type (Single-Specialty Centers, Multi-Specialty Centers)
The global ambulatory surgical centers market is segmented and analyzed for demand and supply by type into single-specialty centers and multi-specialty centers. Amongst these segments, the single-specialty segment is anticipated to garner the largest revenue by the end of 2036, backed by the growing number of cataract surgeries performed along with the surge in the availability of ambulatory surgical centers worldwide. For instance, in 2019, around 90% of cataract surgeries in Canada were performed in ambulatory surgical centers.
Our in-depth analysis of the global market includes the following segments:
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By Type |
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By Ownership |
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By Specialization |
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The North America region ambulatory surgical centers market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2036. The presence of a strong healthcare network in the region, a growing number of ambulatory surgical centers, as well as the rising awareness amongst the healthcare service providers about the benefits of ambulatory surgical centers. For instance, as of 2022, there are over 5,000 ambulatory surgery center businesses in the United States.
Koninklijke Philips N.V. - revealed that as per the study, prescribing Philips MCOT (Mobile Cardiac Outpatient Telemetry) solution can support improved patient outcomes and cost savings by encouraging timely intervention and monitoring for arrhythmic disturbances.
United Surgical Partners International (USPI)’s – affiliate, Southeastern Spine Institute (SSI) Ambulatory Surgery Center, launched its new robotic-assisted surgery program.
Author Credits: Radhika Pawar
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