According to the report by Expert Market Research (EMR), the Global Ambulatory Surgical Procedures Market Share is projected to grow at a CAGR of 6.2% between 2023 and 2028. Aided by the increasing need for convenient and cost-effective medical procedures, coupled with advancements in surgical technologies, the market is expected to grow significantly by 2028.
Surgical operations that don’t require an overnight hospital stay are referred to as ambulatory surgical procedures, commonly known as outpatient or same-day surgeries. Numerous medical specialties, including ophthalmology, gastroenterology, orthopaedics, and cosmetic surgery, are included in these procedures. More surgeries are being carried out as outpatient procedures, improving patient wellbeing overall and lowering healthcare expenditures as a result of improvements in medical technology.
The growing consumer preference for minimally invasive and cost-effective medical procedures is driving the global ambulatory surgical procedures market growth. With the rising awareness of the benefits of outpatient surgeries, such as shorter recovery times, reduced risk of hospital-acquired infections, and lower healthcare costs, there has been a significant shift towards ambulatory surgical procedures. This is further complemented by the advancing technology, enabling a wider range of complex procedures to be performed in an ambulatory setting.
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The expanding applications of ambulatory surgical procedures in various medical specialties also play a significant role in accelerating the ambulatory surgical procedures market development. For instance, outpatient surgery is becoming more and more common in orthopaedics for operations like arthroscopy and joint replacement. Similar to this, ambulatory surgical facilities now routinely perform ophthalmology operations like cataract surgery and refractive surgery.
Further, the increasing burden of chronic diseases and the aging global population has resulted in a growing demand for efficient and convenient surgical procedures. As healthcare systems strive to improve patient outcomes while managing costs, ambulatory surgical procedures have emerged as an effective solution, boosting the ambulatory surgical procedures market expansion.
Finally, the rising trend towards value-based care in healthcare is expected to support the growth of the market. Value-based care focuses on improving patient outcomes while reducing healthcare costs, a goal that ambulatory surgical procedures align with perfectly. This shift towards value-based care, coupled with the benefits of ambulatory surgeries, is expected to drive the ambulatory surgical procedures market growth in the coming years.
Market Segmentation
The market can be divided based on surgery type, end user, and region.
Market Breakup by Surgery Type
- Pain Management
- Dental Surgeries
- Orthopaedic Surgeries
- Ophthalmic Surgeries
- Gastrointestinal Surgeries
- Others
Market Breakup by End User
- Ambulatory Surgery Centres
- Hospitals
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global ambulatory surgical procedures companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Regent Surgical Health
- ASD Management
- Covenant Physician Partners, Inc.
- AMSURG Corp.
- United Surgical Partners International
- Others
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