Ambulatory surgical centers market size to grow by USD 23.18 billion between 2022 and 2027; North America to account for 51% of the market growth – Technavio

NEW YORK, April 21, 2023 /PRNewswire/ — The “Ambulatory Surgical Centers Market Growth By Type, Modality, and Geography – Forecast and Analysis 2023-2027” report has been added to Technavio’s offering. The ambulatory surgical centers market is estimated to grow by USD 23.18 billion between 2022 and 2027, growing at a CAGR of 5.81% during the forecast period. North America will account for 51% of the market growth during the forecast period. The growth of the regional market is driven by the increasing number of ambulatory surgical centers (ASCs), the presence of key vendors, and strong regulations implemented by government organizations. The expansion of the geriatric population and increasing prevalence of chronic diseases such as diabetes also contribute to the growth of the ambulatory surgical centers market in North America. For Comprehensive details on the market size of the historic period (2017 to 2021) and forecast period (2023-2027) – View the Sample report.

Vendor Landscape

The global ambulatory surgical centers market is fragmented with the presence of several global and regional vendors key vendors. The vendors compete based on price, product launch, strategic collaborations, mergers and acquisitions, market expansion, and distribution networks. Many key vendors in the market are competing with key vendors by offering services at relatively lower prices than global vendors. Thus, the competition is intense among these vendors with regard to pricing, which has resulted in low-profit margins. As a result of these factors, the competition among vendors is likely to be moderate during the forecast period. Some of the key vendors covered in the report include:

• Envision Healthcare – The company offers ambulatory surgical centers through its subsidiary Amsurg.
• McKesson Corp. – The company offers ambulatory surgical centers such as MedTrainer.
• NextGen Healthcare Inc. – The company offers ambulatory surgical centers such as EHR for ambulatory surgical centers.
• NorthShore University HealthSystem – The company offers ambulatory surgical centers such as Edward-Elmhurst Health.
• Advanced Data Systems Corp.
• Community Health Systems Inc.
• eClinical Works LLC
• GE Healthcare Technologies Inc.
• Healthway Medical Corp. Ltd.
• Oracle Corp.
• Pediatrix Medical Group Inc.
• Pinnacle Surgery Center LLC
• Prospect Medical Holdings Inc.
• SurgCenter
• Surgery Partners Inc.

To provide a deeper understanding of the competitive landscape, Technavio has profiled key players along with the study that categorizes the global market segmentation. Download a sample report

Market Dynamics

Major Driver – The market is driven by the growing number of cataract ambulatory services. Cataract surgeries and tonsillectomies are carried out on the same day basis in ASCs. Ambulatory surgeries account for nearly or over 90% of all cataract surgeries in the majority of OECD countries. The number of procedures such as tonsillectomies is also increasing with rising number of children suffering from chronic infections of tonsils or breathing problems. Thus, the increasing number of these surgeries will drive the growth of the market during the forecast period.

Key Trend – The increasing number of partnerships and collaborations is identified as the key trend in the market. Vendors in the market are adopting inorganic business strategies such as mergers and acquisitions. They are partnering with end-users and medical technology companies to improve their distribution channels and upgrade their product portfolios. For instance, in May 2021, Surgery Partners collaborated with UCI Health to expand community access to outpatient surgical facilities. Such developments among vendors will positively influence the market growth during the forecast period.

Major Challenge – Financial constraints are identified as key challenges hindering the growth of the market. Financial constraints make ASCs unable to offer bonuses or growth opportunities to the clinical staff. Also, the lack of training poses challenges to ASCs in recruiting new staff that carries the same level of skill and experience. In addition, the growing adoption of emerging technologies such as robotics in healthcare centers has further increased the financial pressure on ASCs. These factors limit the growth of the market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

Company Profiles

The ambulatory surgical centers market report includes information on the product launches, sustainability, and prospects of leading vendors including Advanced Data Systems Corp., ALLSCRIPTS HEALTHCARE SOLUTION INC., Community Health Systems Inc., eClinical Works LLC, Envision Healthcare, GE Healthcare Technologies Inc., Healthway Medical Corp. Ltd., McKesson Corp., NextGen Healthcare Inc., NorthShore University HealthSystem, Oracle Corp., Pediatrix Medical Group Inc., Pinnacle Surgery Center LLC, Prospect Medical Holdings Inc., SurgCenter, Surgery Partners Inc., Surgical Information Systems LLC, TeamHealth, Tenet Healthcare Corp., and UnitedHealth Group Inc.

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Competitive Analysis

The report includes competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others.

 Market Segmentation

• By Type, the market is classified into single-specialty centers and multi-specialty centers.
• By modality, the market is classified into hospital-affiliated ASCs and freestanding ASCs.
• By Geography, the market is classified as North America, Europe, Asia, and Rest of World (ROW).

The market growth in the single-specialty centers segment will be significant over the forecast period. The segment is driven by the increasing number of surgeries in single-specialty centers. For instance, as of December 2022, single-specialty centers accounted for some of the major surgeries, which included endoscopy (27%), ophthalmology (24%), pain related (12%), and plastic surgeries (6%). These centers not only limit the amount of equipment needed but also favors patients wanting to have specialized treatments. Such factors drive the growth of the segment.

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Ambulatory Surgical Centers Market Scope
Report Coverage	Details
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 5.81%
Market growth 2023-2027	USD 23.18 billion
Market structure	Fragmented
YoY growth 2022-2023 (%)	5.05
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 51%
Key countries	US, UK, Germany, China, and Japan
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	Advanced Data Systems Corp., ALLSCRIPTS HEALTHCARE SOLUTION INC., Community Health Systems Inc., eClinical Works LLC, Envision Healthcare, GE Healthcare Technologies Inc., Healthway Medical Corp. Ltd., McKesson Corp., NextGen Healthcare Inc., NorthShore University HealthSystem, Oracle Corp., Pediatrix Medical Group Inc., Pinnacle Surgery Center LLC, Prospect Medical Holdings Inc., SurgCenter, Surgery Partners Inc., Surgical Information Systems LLC, TeamHealth, Tenet Healthcare Corp., and UnitedHealth Group Inc.
Market dynamics	Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse through Technavio’s Health Care Market Reports

Table of contents:

1 Executive Summary

• 1.1 Market overview
  • Exhibit 01: Executive Summary – Chart on Market Overview
  • Exhibit 02: Executive Summary – Data Table on Market Overview
  • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
  • Exhibit 04: Executive Summary – Chart on Market by Geography
  • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
  • Exhibit 06: Executive Summary – Chart on Market Segmentation by Modality
  • Exhibit 07: Executive Summary – Chart on Incremental Growth
  • Exhibit 08: Executive Summary – Data Table on Incremental Growth
  • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
  • Exhibit 10: Parent market
  • Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
  • Exhibit 12: Offerings of vendors included in the market definition
• 3.2 Market segment analysis 
  • Exhibit 13: Market segments
• 3.3 Market size 2022
• 3.4 Market outlook: Forecast for 2022-2027 
  • Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
  • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global ambulatory surgical centers market 2017 – 2021 
  • Exhibit 18: Historic Market Size – Data Table on Global ambulatory surgical centers market 2017 – 2021 ($ billion)
• 4.2 Type Segment Analysis 2017 – 2021 
  • Exhibit 19: Historic Market Size – Type Segment 2017 – 2021 ($ billion)
• 4.3 Modality Segment Analysis 2017 – 2021 
  • Exhibit 20: Historic Market Size – Modality Segment 2017 – 2021 ($ billion)
• 4.4 Geography Segment Analysis 2017 – 2021 
  • Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ billion)
• 4.5 Country Segment Analysis 2017 – 2021 
  • Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
  • Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
• 5.2 Bargaining power of buyers 
  • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
• 5.3 Bargaining power of suppliers 
  • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
• 5.4 Threat of new entrants 
  • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
• 5.5 Threat of substitutes 
  • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
• 5.6 Threat of rivalry
  • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
• 5.7 Market condition
  • Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments
  • Exhibit 30: Chart on Type – Market share 2022-2027 (%)
  • Exhibit 31: Data Table on Type – Market share 2022-2027 (%)
• 6.2 Comparison by Type
  • Exhibit 32: Chart on Comparison by Type
  • Exhibit 33: Data Table on Comparison by Type
• 6.3 Single-specialty centers – Market size and forecast 2022-2027 
  • Exhibit 34: Chart on Single-specialty centers – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 35: Data Table on Single-specialty centers – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 36: Chart on Single-specialty centers – Year-over-year growth 2022-2027 (%)
  • Exhibit 37: Data Table on Single-specialty centers – Year-over-year growth 2022-2027 (%)
• 6.4 Multi-specialty centers – Market size and forecast 2022-2027 
  • Exhibit 38: Chart on Multi-specialty centers – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 39: Data Table on Multi-specialty centers – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 40: Chart on Multi-specialty centers – Year-over-year growth 2022-2027 (%)
  • Exhibit 41: Data Table on Multi-specialty centers – Year-over-year growth 2022-2027 (%)
• 6.5 Market opportunity by Type 
  • Exhibit 42: Market opportunity by Type ($ billion)
  • Exhibit 43: Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by Modality

• 7.1 Market segments
  • Exhibit 44: Chart on Modality – Market share 2022-2027 (%)
  • Exhibit 45: Data Table on Modality – Market share 2022-2027 (%)
• 7.2 Comparison by Modality 
  • Exhibit 46: Chart on Comparison by Modality
  • Exhibit 47: Data Table on Comparison by Modality
• 7.3 Hospital-affiliated ASCs – Market size and forecast 2022-2027 
  • Exhibit 48: Chart on Hospital-affiliated ASCs – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 49: Data Table on Hospital-affiliated ASCs – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 50: Chart on Hospital-affiliated ASCs – Year-over-year growth 2022-2027 (%)
  • Exhibit 51: Data Table on Hospital-affiliated ASCs – Year-over-year growth 2022-2027 (%)
• 7.4 Freestanding ASCs – Market size and forecast 2022-2027 
  • Exhibit 52: Chart on Freestanding ASCs – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 53: Data Table on Freestanding ASCs – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 54: Chart on Freestanding ASCs – Year-over-year growth 2022-2027 (%)
  • Exhibit 55: Data Table on Freestanding ASCs – Year-over-year growth 2022-2027 (%)
• 7.5 Market opportunity by Modality 
  • Exhibit 56: Market opportunity by Modality ($ billion)
  • Exhibit 57: Data Table on Market opportunity by Modality ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
  • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
  • Exhibit 59: Chart on Market share by geography 2022-2027 (%)
  • Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
• 9.2 Geographic comparison 
  • Exhibit 61: Chart on Geographic comparison
  • Exhibit 62: Data Table on Geographic comparison
• 9.3 North America – Market size and forecast 2022-2027 
  • Exhibit 63: Chart on North America – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 64: Data Table on North America – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 65: Chart on North America – Year-over-year growth 2022-2027 (%)
  • Exhibit 66: Data Table on North America – Year-over-year growth 2022-2027 (%)
• 9.4 Europe – Market size and forecast 2022-2027 
  • Exhibit 67: Chart on Europe – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 68: Data Table on Europe – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 69: Chart on Europe – Year-over-year growth 2022-2027 (%)
  • Exhibit 70: Data Table on Europe – Year-over-year growth 2022-2027 (%)
• 9.5 Asia – Market size and forecast 2022-2027 
  • Exhibit 71: Chart on Asia – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 72: Data Table on Asia – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 73: Chart on Asia – Year-over-year growth 2022-2027 (%)
  • Exhibit 74: Data Table on Asia – Year-over-year growth 2022-2027 (%)
• 9.6 Rest of World (ROW) – Market size and forecast 2022-2027 
  • Exhibit 75: Chart on Rest of World (ROW) – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 76: Data Table on Rest of World (ROW) – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 77: Chart on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)
  • Exhibit 78: Data Table on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)
• 9.7 US – Market size and forecast 2022-2027 
  • Exhibit 79: Chart on US – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 80: Data Table on US – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 81: Chart on US – Year-over-year growth 2022-2027 (%)
  • Exhibit 82: Data Table on US – Year-over-year growth 2022-2027 (%)
• 9.8 UK – Market size and forecast 2022-2027 
  • Exhibit 83: Chart on UK – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 84: Data Table on UK – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 85: Chart on UK – Year-over-year growth 2022-2027 (%)
  • Exhibit 86: Data Table on UK – Year-over-year growth 2022-2027 (%)
• 9.9 China – Market size and forecast 2022-2027 
  • Exhibit 87: Chart on China – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 88: Data Table on China – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 89: Chart on China – Year-over-year growth 2022-2027 (%)
  • Exhibit 90: Data Table on China – Year-over-year growth 2022-2027 (%)
• 9.10 Germany – Market size and forecast 2022-2027 
  • Exhibit 91: Chart on Germany – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 92: Data Table on Germany – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 93: Chart on Germany – Year-over-year growth 2022-2027 (%)
  • Exhibit 94: Data Table on Germany – Year-over-year growth 2022-2027 (%)
• 9.11 Japan – Market size and forecast 2022-2027 
  • Exhibit 95: Chart on Japan – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 96: Data Table on Japan – Market size and forecast 2022-2027 ($ billion)
  • Exhibit 97: Chart on Japan – Year-over-year growth 2022-2027 (%)
  • Exhibit 98: Data Table on Japan – Year-over-year growth 2022-2027 (%)
• 9.12 Market opportunity by geography 
  • Exhibit 99: Market opportunity by geography ($ billion)
  • Exhibit 100: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers
• 10.2 Market challenges
• 10.3 Impact of drivers and challenges 
  • Exhibit 101: Impact of drivers and challenges in 2022 and 2027
• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview
• 11.2 Vendor landscape
  • Exhibit 102: Overview on Criticality of inputs and Factors of differentiation
• 11.3 Landscape disruption
  • Exhibit 103: Overview on factors of disruption
• 11.4 Industry risks
  • Exhibit 104: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
  • Exhibit 105: Vendors covered
• 12.2 Market positioning of vendors 
  • Exhibit 106: Matrix on vendor position and classification
• 12.3 ALLSCRIPTS HEALTHCARE SOLUTION INC. 
  • Exhibit 107: ALLSCRIPTS HEALTHCARE SOLUTION INC. – Overview
  • Exhibit 108: ALLSCRIPTS HEALTHCARE SOLUTION INC. – Business segments
  • Exhibit 109: ALLSCRIPTS HEALTHCARE SOLUTION INC. – Key offerings
  • Exhibit 110: ALLSCRIPTS HEALTHCARE SOLUTION INC. – Segment focus
• 12.4 Community Health Systems Inc. 
  • Exhibit 111: Community Health Systems Inc. – Overview
  • Exhibit 112: Community Health Systems Inc. – Product / Service
  • Exhibit 113: Community Health Systems Inc. – Key offerings
• 12.5 Envision Healthcare
  • Exhibit 114: Envision Healthcare – Overview
  • Exhibit 115: Envision Healthcare – Product / Service
  • Exhibit 116: Envision Healthcare – Key news
  • Exhibit 117: Envision Healthcare – Key offerings
• 12.6 Healthway Medical Corp. Ltd. 
  • Exhibit 118: Healthway Medical Corp. Ltd. – Overview
  • Exhibit 119: Healthway Medical Corp. Ltd. – Business segments
  • Exhibit 120: Healthway Medical Corp. Ltd. – Key offerings
  • Exhibit 121: Healthway Medical Corp. Ltd. – Segment focus
• 12.7 McKesson Corp.
  • Exhibit 122: McKesson Corp. – Overview
  • Exhibit 123: McKesson Corp. – Business segments
  • Exhibit 124: McKesson Corp. – Key offerings
  • Exhibit 125: McKesson Corp. – Segment focus
• 12.8 NextGen Healthcare Inc. 
  • Exhibit 126: NextGen Healthcare Inc. – Overview
  • Exhibit 127: NextGen Healthcare Inc. – Product / Service
  • Exhibit 128: NextGen Healthcare Inc. – Key offerings
• 12.9 NorthShore University HealthSystem 
  • Exhibit 129: NorthShore University HealthSystem – Overview
  • Exhibit 130: NorthShore University HealthSystem – Product / Service
  • Exhibit 131: NorthShore University HealthSystem – Key offerings
• 12.10 Oracle Corp.
  • Exhibit 132: Oracle Corp. – Overview
  • Exhibit 133: Oracle Corp. – Business segments
  • Exhibit 134: Oracle Corp. – Key news
  • Exhibit 135: Oracle Corp. – Key offerings
  • Exhibit 136: Oracle Corp. – Segment focus
• 12.11 Pediatrix Medical Group Inc. 
  • Exhibit 137: Pediatrix Medical Group Inc. – Overview
  • Exhibit 138: Pediatrix Medical Group Inc. – Product / Service
  • Exhibit 139: Pediatrix Medical Group Inc. – Key offerings
• 12.12 Prospect Medical Holdings Inc. 
  • Exhibit 140: Prospect Medical Holdings Inc. – Overview
  • Exhibit 141: Prospect Medical Holdings Inc. – Product / Service
  • Exhibit 142: Prospect Medical Holdings Inc. – Key offerings
• 12.13 SurgCenter
  • Exhibit 143: SurgCenter – Overview
  • Exhibit 144: SurgCenter – Product / Service
  • Exhibit 145: SurgCenter – Key offerings
• 12.14 Surgery Partners Inc. 
  • Exhibit 146: Surgery Partners Inc. – Overview
  • Exhibit 147: Surgery Partners Inc. – Business segments
  • Exhibit 148: Surgery Partners Inc. – Key offerings
  • Exhibit 149: Surgery Partners Inc. – Segment focus
• 12.15 TeamHealth
  • Exhibit 150: TeamHealth – Overview
  • Exhibit 151: TeamHealth – Product / Service
  • Exhibit 152: TeamHealth – Key offerings
• 12.16 Tenet Healthcare Corp. 
  • Exhibit 153: Tenet Healthcare Corp. – Overview
  • Exhibit 154: Tenet Healthcare Corp. – Business segments
  • Exhibit 155: Tenet Healthcare Corp. – Key offerings
  • Exhibit 156: Tenet Healthcare Corp. – Segment focus
• 12.17 UnitedHealth Group Inc. 
  • Exhibit 157: UnitedHealth Group Inc. – Overview
  • Exhibit 158: UnitedHealth Group Inc. – Business segments
  • Exhibit 159: UnitedHealth Group Inc. – Key news
  • Exhibit 160: UnitedHealth Group Inc. – Key offerings
  • Exhibit 161: UnitedHealth Group Inc. – Segment focus

13 Appendix

• 13.1 Scope of the report
• 13.2 Inclusions and exclusions checklist 
  • Exhibit 162: Inclusions checklist
  • Exhibit 163: Exclusions checklist
• 13.3 Currency conversion rates for US$ 
  • Exhibit 164: Currency conversion rates for US$
• 13.4 Research methodology
  • Exhibit 165: Research methodology
  • Exhibit 166: Validation techniques employed for market sizing
  • Exhibit 167: Information sources
• 13.5 List of abbreviations 
  • Exhibit 168: List of abbreviations

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