Ambulatory Surgical Centers Market is anticipated to grow at a CAGR of 25.27% from 2021 to 2027

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Axiom Market Research & Consulting™ added a report on global ambulatory surgical centers market which includes study on product and services, component and specialty across various countries of key regions across the globe. The global ambulatory surgical centers market was projected to grow at a CAGR of 25.27% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the ambulatory surgical centers market.

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The factors such rising prevalence of chronic diseases and increasing elderly population across the world, increasing number of ASCs, rising adoption of healthcare IT solutions among ASCs, increased demand for same day surgery and related centers, as they provides affordable treatment and superior healthcare services, and investments in ASCs are likely to contribute to the healthy growth of the market.

The report analyses the global ambulatory surgical centers industry based on product and services, components, specialty, and geography. The product and services segment of the industry is segmented into clinical IT solutions, non-clinical healthcare IT solutions, and HCIT outsourcing services. The major components of ambulatory surgical centers are services, software, and hardware. The major specialty centers of this market are single specialty and multi-specialty. The global ambulatory surgical centers market is studied across various key countries of regions such as, North America, Europe, Asia Pacific and Rest of the World.

The clinical IT solutions segment is expected to dominate the ambulatory surgical centers market during the forecast period

The rapid adoption of the clinical IT solutions such as EHRS software, medical image analysis software, E-prescribing solutions, practice management software, surgical planning software and many others is the key driving factor that accredited to the growth of the segment. For instance, EHRS today is an important part in ASCs for all patient or care-related information, such as progress notes, laboratory orders, medication lists, etc.

In 2020, services component segment of an ambulatory surgical centers market accounted for the major market share

The services segment hold significant share in the ambulatory surgical centers market.  One of the finest parts regarding ambulatory surgical centers is that they provide the same or high quality services and are relatively affordable than hospitals especially for Medicare patients. This is in turn expanding the segment growth.

Multi-speciality segment dominated the ambulatory surgical centers market in 2020 and is witnessing the fastest growth.

The multi-specialty segment growth is accredited to favourable reimbursement scenario, facility of expanded services, and availability of innovative technology at multi-specialty ASCs. Furthermore, rising number of surgical procedures performed in these ASCs is impelling the segment growth.

North America dominated Ambulatory Surgical Centers market in 2020 and is expected to witness the fastest growth in upcoming years

North America is expected to witness the fastest growth in upcoming years owing to hold significant market share. The US followed by Canada and Mexico is projected to be the fastest growing market owing to presence of well-established healthcare industry in these countries. Additionally, the presence of various leading market players such as Cerner Corporation, Allscripts Healthcare Solutions, Inc, GE Healthcare and many others is further creating more opportunities for the market to growth in NA region.

Key Players:

The key player in global ambulatory surgical centers market are Cerner Corporation, Allscripts Healthcare Solutions, Inc, Mckesson Corporation, Nextgen Healthcare, Epic Systems Corporation, Philips Healthcare, Ge Healthcare, Medical Information Technology, Inc, Eclinical Works, Athenahealth, Inc, Advanced Data Systems Corporation, Optum (A Part Of Unitedhealth Group), Curemd, Hst Pathways, Surgical Information Systems, Llc, Wrs Health, Davlong Business Solutions, Compulink Healthcare Solutions, Amblitel, and Drchrono among others.

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Axiom MRC with its experienced team of research and data analysts, has delivered more than 700+ Market Research Projects, 2100+ Data Analytics Projects, 260+ Business Support Projects and has a 400+ Global Client Base. Axiom Market Research & Consulting™ aims to become the preferred market research and data Analytics Company by providing key market intelligence solutions for client’s business growth.

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