Ambulatory Surgical Centers Market Trends

Growth Drivers

• Increasing Shift Towards Ambulatory Surgical Centers Across the World – expected to drive the market in the forecasted period. More and more surgeries taking place at ambulatory surgical centers indicate a shift in demand from hospitals to ambulatory surgery centers. For instance, in the United States, 53% of all surgeries were done in an outpatient setting in 2020.
• Growing Number Surgeries in Hospital-Owned ASCs – it was observed that, in 2019, in the United States 11,880,000 major ambulatory surgeries were performed in hospital-owned facilities.
• Upsurge in the Ambulatory Surgical Facilities with Increasing Funds - where private, investor-owned, and public facilities each accounted for 12% whereas 70 % of hospital ASCs are operated as physician joint ventures.
• Rising Share of Tonsillectomies Performed - ambulatory cases recorded in the United Kingdom doubled from 31% to 62% between 2009 and 2019.
• Scheduling Becomes More Predictable Worldwide – as ambulatory surgical centers mostly perform those surgical services which do not exceed 24 hours.

Challenges

• Low Awareness among Patients Regarding Ambulatory Surgical Centers
• High Cost of Investment Required for Ambulatory Surgical Centers The equipment used for ambulatory surgical centers is very expensive and small-scale facilities cannot afford these medical devices. Also, the maintenance and installation costs are very high to keep up. The growing technological advancements in these sector are highly costly which hampers the market growth.
• Lower Surgeon to Patient Ratio