Scope of the Study
Ambulatory Surgical Center refers to healthcare facilities focusing on delivering same day and does not require hospital admission. It helps to solve several issues like treatment delays, higher cost and absence of healthcare facilities. ASC provides cost-effective services and less stressful than another hospital. The global ambulatory surgery centre market is anticipated to witness substantial growth over the forecast period owing to the rise in geriatric population and surging in healthcare cost.
The market study is being classified by Type (Single-specialty Centers and Multi-specialty Centers), by Application (Ophthalmology, Pain Management, Gastroenterology, Orthopedics and Others) and major geographies with country level break-up.
EHH, THC, Mednax, HCA Healthcare, Team Health, Surgical Care Affiliates, QHC, Surgery Partners, SurgCenter Development, Medical Facilities, ASCOA and Nueterra Healthcare are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Ambulatory Surgery Center market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Ambulatory Surgery Center market by Type, Application and Region.
On the basis of geography, the market of Ambulatory Surgery Center has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Services, the sub-segment i.e. Surgical will boost the Ambulatory Surgery Center market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Ownership Type, the sub-segment i.e. Physician only will boost the Ambulatory Surgery Center market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Modality, the sub-segment i.e. Hospital-based ambulatory surgical center will boost the Ambulatory Surgery Center market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Location, the sub-segment i.e. Urban will boost the Ambulatory Surgery Center market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increase In The Number Of Surgeries
- Rise In The Incidence Of Chronic Diseases
- Growth In Geriatric Population
Market Trend
- Advancements In Technology In Healthcare Facility
Restraints
- Stringent Rules and Regulation Procedures
Opportunities
- Healthcare service at Affordable cost
- Recent Infrastructural Activities Such As Development Of Emergency Care Centers Outside Conventional Hospital Settings
Challenges
- Lack of Skilled Professionals in Under-Developed Countries
"ASCs are highly regulated health care facilities. Each ASC must comply with a host of statutes and regulations at both the federal and state levels. These laws cover all aspects of ASCs from their day-to-day operations to how they are paid. Most ASCs provide care to Medicare beneficiaries and, thus, must demonstrate continual compliance with Medicare standards. There are additional federal laws all ASCs must comply with, such as the Health Insurance Portability and Accountability Act (HIPAA). In addition, ASCs must meet specific requirements and obtain a state license in virtually every state"
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