Global ASC Software Market Overview:
Ambulatory Surgery Center (ASC) Software can deliver deep insight into a surgery center's financial, clinical, and/or operational performance. Depending on the type of software, it can support improvements in areas including staff productivity, benchmarking efforts, cost-cutting initiatives, and patient, physician, and staff satisfaction. It can automate previously manual processes.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Technological advancements in surgical systems add features, higher success rate, and newer application in the device
Market Growth Drivers:
High Demand due to Easy operations, improves surgical results and Help to Manage Staff and Growing Diagnostic and Preventive Procedures
Challenges:
High Cost associated with ASC Software
Restraints:
Stringent Government Rules and Regulations for ASC
Opportunities:
Increasing Healthcare Expenditure in Developing Countries and Technology Innovation associated with ASC Software
Competitive Landscape:
The global ASC Software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The key players are probable to stay a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking about mergers and acquisitions so as to keep up their presence within the market
Some of the key players profiled in the report are CureMD (United State), eClinicalWorks (United State), iSalus (United State), athenahealth, Inc. (United State), Allscripts Healthcare Solutions, Inc. (United State), Kareo (United State), AdvancedMD (United State), Bridge Patient Portal (United State), Solutionreach (United State) and Updox (United State). Additionally, following companies can also be profiled that are part of our coverage like Iridium Suite (United State) and Mercury Medical (United State). Analyst at AMA Research see United States Players to retain maximum share of Global ASC Software market by 2028. Considering Market by Technology, the sub-segment i.e. Ambulatory Electronic Health Record (EHR) will boost the ASC Software market. Considering Market by Deployment Model, the sub-segment i.e. Cloud-based Ambulatory Software will boost the ASC Software market.
Latest Market Insights:
In June 2021- -HST Pathways announced a partnership with healthcare price transparency leader, Clariti Health. The integration of Clariti Health with HST Pathways will empower ambulatory surgery center (ASC) clients nationwide to provide the most accurate patient estimates in the industry. and Additionally, In July 2018, AdvancedMD announced that it has acquired Marietta. The transaction adds to AdvancedMD’s leading market position and extends the feature and functionality both companies will be able to provide practices across the broader ambulatory market.
In November 2021- Surgical Notes, a nationwide provider of ambulatory surgery centers (ASC) Software, announces the publication of a new company's billing revenue cycle management (RCM) service in helping improve the financial and operational performance of Princess Anne Ambulatory Surgery Center in Virginia Beach, Va. and Additionally, In May 2019, Surgical Information Systems (SIS) announced the launch of SIS Complete™. This solution represents the first comprehensive, cloud-based technology on a single database to meet the financial, clinical, and operational needs of ASCs.
What Can be Explored with the ASC Software Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global ASC Software Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in ASC Software
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global ASC Software market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in ASC Software market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes ASC Software Provider, Technology Providers, Poetnati Investors, Technology Investors and End-User Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.