Ambulatory Surgical Centers Market: Overview
Exponential rise in healthcare costs in the past decade, resulting in changed healthcare practices is predicted to account for continued growth in ambulatory surgical centers market over the 2020 – 2030 forecast period. Besides this, rising prevalence of chronic diseases that require regular minor procedures, and can be performed in ambulatory setups is another key factor fuelling the ambulatory surgical centers market.
Key parameters based on which the ambulatory surgical centers market is divided are products and services, component, specialty, and region.
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The report on the ambulatory surgical centers market covers each and every aspect for an exhaustive analysis of the said market for the 2020 – 2030 forecast period. The report examines demand drivers, restraints, and challenges along with growth behavior of key segments for the above mentioned forecast period. Insights into regional landscape of the ambulatory surgical centers market, and how key regions are expected to fare over the forecast period is another highlight of this report.
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Ambulatory Surgical Centers Market: Competitive Landscape
The ambulatory surgical centers market features intense competition with several large players in the playfield. Efforts for state-of-the-art services in ambulatory surgical centers and expansion of services are some key growth strategies of leading players in the ambulatory surgical centers market.
Key players in the ambulatory surgical centers market include Cerner Corporation, McKesson Corporation, Epic Systems Corporation, GE Healthcare, Medical Information Technology Inc., Athena Health Inc., Optum, HST Pathways, WRS Health, Compulink Healthcare Solutions, DRCHRONO, All Scripts Healthcare Solutions Inc., NextGen Healthcare, Philips Healthcare, Medical Information Technology Inc., Advanced Data System Corporation, Curemd, Surgical Information Systems LLC, Davlong Business Solutions, and Amblitel.
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Ambulatory Surgical Centers Market: Key Trends
Mounting burden of surgical procedures on hospitals and healthcare institutions is a key factor fuelling the ambulatory surgical centers market. The need to reduce inpatient surgeries, especially for minor procedures, and rising acceptance for ambulatory surgical centers are key behind growth of ambulatory surgical centers market.
Ambulatory surgical centers provide mobile surgical services for the convenience of patients. Ambulatory surgical centers are fully equipped with operating room capabilities for on-site surgical procedures. Ambulatory surgical centers are mostly suitable for minor or non-invasive procedures.
Favorable reimbursement scenarios for services provided by ambulatory surgical centers is another key factor propelling the ambulatory surgical centers market. In developed countries, medical coverage via state-run as well as private healthcare plans makes ambulatory surgical centers attractive for surgical procedures, especially minor ones. Ambulatory surgical centers mostly do not require hospital stay, and are mostly less expensive than surgeries carried out in hospitals.
Lastly, focus of governments in developed countries such as in the U.S. for the development of day care surgery centers attracts growth in the ambulatory surgical centers market. Governments in these countries are vying to introduce alternate healthcare services for better patient management, and to reduce the burden on public and private healthcare institutions.
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Ambulatory Surgical Centers Market: Regional Assessment
North America is a prominent region in the global ambulatory surgical centers market. Rapid adoption of ambulatory healthcare services, including surgical centers for reducing the soaring healthcare costs makes the region frontrunner in the ambulatory surgical centers market. Mounting burden on hospitals of the increasing volume of surgical procedures necessitating alternate services fuels the ambulatory surgical centers market in the region. In addition, the region being home to some leading players in the global ambulatory surgical centers market is another key factor for higher revenue share.
Asia Pacific is emerging as a key region in the ambulatory surgical centers market. High volume of patients in developing countries who require surgical procedures for a number of diseases is necessitating alternate format of healthcare services. This is paving growth of ambulatory surgical centers market in the region.
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