Global Ambulatory Surgical Centres Market report delivers information on market dynamics that impact the development of the Ambulatory Surgical Centres Market till 2024. Insights on key restraints, trends, value forecasts, opportunities, and drivers for organizations functioning in the Ambulatory Surgical Centres Market are offered in the report. The ASCs market is currently observing high growth primarily owed to cost-effective, and high-quality medical services and an increasing demand for quick, as a feasible alternative to inpatient care.
Global Ambulatory Surgical Centres Market is likely to grow at a CAGR of around 5% from 2018–2024. Market growth is likely to be driven principally by the rise in healthcare expenditure along with a growing number of ASCs.
The Global Ambulatory Surgical Centres Market is estimated to experience a significant growth rate in terms of value owing to enhanced financial conditions leading to migration of patients to ASCs along with an increasing focus on suppression of healthcare expenses. Several surgical services and diagnostic presented by ASCs are cost-effective in comparison to surgical services offered in hospitals. Also, medical advancements such as enhanced endoscopic techniques, the introduction of fiber optics and arthroscopy in the past are generating high growth prospects for companies operating in the global market. To assess and understand opportunities in this market, the report offers a market forecast on the basis of modality, centers, specialty area, services, and regions.
The growth of the Global Ambulatory Surgical Centres Market is mainly driven by aging population and growing incidence and prevalence of diseases worldwide. This has caused an upsurge in the number of outpatient admissions in ASCs. The need for continuous diagnosis during treatment to understand various factors like a response to treatment development of surgical wound etc. is also expected to drive revenue growth of the ambulatory surgical centers market. Further factors fuelling to the market for ambulatory surgical centers are affordable medical procedures done by ASCs, increasing Medicare expenditure on ASCs procedures such as hysterectomy, etc. a growing emphasis on healthcare expenses containment, and a growing demand for Ambulatory Surgical Centres globally. However, lack of physicians, increasing rate of claim denials, declining reimbursements, and insufficient marketing of ASC services are factors likely to impede the growth of the ambulatory surgical centers market by 2024.
Large healthcare organizations in Global Ambulatory Surgical Centres Market within their primary establishments are building multi-specialty facilities and are establishing up regional ASCs to increase a larger share of the existing market. A major trend witnessed in the Global Ambulatory Surgical Centres Market t is growing number of hospital-owned ambulatory surgical centers and decreasing number of freestanding ambulatory surgical centers. Other prominent trends comprise the development of multi-specialty ambulatory care centers as replacement hospitals and the rise of independent single specialty ASCs.
Further, companies operating in this market are looking to expand their market by means of organic and inorganic ways. For instance, United Surgical Partners International, a sister firm of Dallas-based Tenet Healthcare, have obtained shares in two ambulatory surgery center sites in Jacksonville. This initiative will help the company to grow business in various geographic locations.
What the report offers to the buyer
• Market forecast 2017 to 2022
• key industry trends, opportunities, and restraints that have a bearing on the global ambulatory surgical centers market
• The market breakdown in four segments and five regions
• Competitive benchmarking for players operating in the ambulatory surgical centers market
• Information on the leading market players and their key strategies that enable them to stay as leaders in this highly competitive market
• Necessary competitive intelligence you may require for a successful stint in the global ambulatory surgical centers market
• Ambulatory surgical centers market is in more demand in which region/country of the world hence that you can make your investments consequently
• Main industry and M&A trends analysis