U.S.
Ambulatory Surgery Centers Market, by Specialty (Single Specialty and
Multi-specialty), by Ownership (Physician-only, Hospital-only, Corporate-only,
Physician & Hospital, Physician & Corporate, and Hospital &
Corporate), and by Procedure Type (Orthopedic, Cardiovascular, Pain Management,
Ophthalmology, Podiatry, Neurology, Dental, Plastic Surgery, ENT, and Others)
is estimated to be valued at US$ 54,246.6 million in 2019, and is expected to
exhibit a CAGR of 5.6% over the forecast period (2019-2027), as highlighted in
a new report published by Coherent Market Insights.
Increasing preference for
outpatient surgeries, rising investments for establishment of ASCs, increasing
number of ambulatory clinics, and mergers and acquisitions by corporate
companies are the major factors that are expected to drive growth of the U.S.
ambulatory surgery centers market over the forecast period.
Outpatient surgeries in
ambulatory centers are increasingly preferred by patients in the U.S. For
instance, according to the Agency for Healthcare Research and Quality (AHRQ),
in 2014, 17.2 million hospital visits (inpatient and outpatient) included
surgical procedures in the U.S., of which ~57.8% occurred in a hospital-owned
outpatient surgery setting. Moreover, in January 2020, Firmament Group
announced an investment in three ophthalmology specialty and an ambulatory
surgery center in St. Louis, Missouri.
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Increasing investments in ASCs is
expected to offer lucrative growth opportunities for players in the market. For
instance, in February 2018, Catalyst HRE, a healthcare real estate firm,
announced acquisition of a six-story medical office building in an exchange of
US$ 20 million located in Northern Dallas, Texas. The Catalyst HRE is a
fast-growing real estate and development company purchased assets and
properties to increase their service portfolio of providing healthcare and medical
spaces for establishment of ambulatory surgery centers.
Moreover, rising number of single
specialty surgery centers in the U.S is expected to drive growth of the market
over the forecast period. For instance, according to the report of Medicare Payment
Policy, there were 2,890 single specialty ambulatory surgery centers in the
U.S. in 2017.
Browse 10 Market Data Tables and
23 Figures spread through 99 Pages and in-depth TOC on U.S. Ambulatory Surgery
Centers Market, by Specialty (Single Specialty and Multi-specialty), by
Ownership (Physician-only, Hospital-only, Corporate-only, Physician &
Hospital, Physician & Corporate, and Hospital & Corporate), and by
Procedure Type (Orthopedic, Cardiovascular, Pain Management, Ophthalmology,
Podiatry, Neurology, Dental, Plastic Surgery, ENT, and Others) - Forecast to 2027"
Major players are adopting
strategies such as mergers and acquisitions to expand their market presence.
For instance, in October 2018, private equity firm, KKR & Co. Inc.,
completed US$ 9.9 billion acquisition of Envision. This acquisition granted KKR
& Co. Inc. 261 surgery centers. Moreover, in August 2017, KKR & Co.
Inc. acquired Covenant Surgical Partners, which had 36 surgery centers.
Therefore, in total KKR & Co. Inc. have around 300 ambulatory surgery
centers.
Browse Research
Report: https://www.coherentmarketinsights.com/market-insight/us-ambulatory-surgery-centers-market-3531
Furthermore, in 2017, Surgery
Partner, a healthcare service company acquired NSH Holdco, Inc., an owner and
operator of surgical facilities in partnership with local physicians. This
acquisition has added NSH’s surgical facilities to Surgery Partner’s portfolio.
Key Takeaways of the U.S. Ambulatory
Surgery Centers Market:
The U.S. ambulatory surgery
centers market is expected to exhibit a CAGR of 5.6% over the forecast period
(2019-2027), owing to the advantages offered by ambulatory surgical centers by
key players.
Among ownership, physician-only
segment is expected to hold major revenue share in 2027, owing to increasing
number of physician-owned ambulatory surgery centers in the U.S. For instance,
according to data from the Ambulatory Surgery Center Association's 2017 salary
and benefits survey, 64% of the ambulatory surgery centers are owned by
physicians only in the U.S.
Major players operating in the
U.S. ambulatory surgery centers market include Tenet Healthcare Corporation,
AmSurg Corporation, Surgery Partners, Covenant Surgical Partners Inc., Regent
Surgical Health L.L.C., and Getinge Group.
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report: https://www.coherentmarketinsights.com/insight/buy-now/3531
About
Coherent Market Insights:
Coherent
Market Insights is a prominent market research and consulting firm offering action-ready
syndicated research reports, custom market analysis, consulting services, and
competitive analysis through various recommendations related to emerging market
trends, technologies, and potential absolute dollar opportunity.
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