Advertising Driven Press Release Distribution
Advertising Driven Press Release Distribution
The U.S. & Europe Ambulatory Surgery Centers Market size is forecast to reach $34.17 billion by 2025, growing at a CAGR of 6.7% during the forecast period 2020-2025. Ambulatory surgery centers or outpatient surgery centers are alternatives to hospital-based outpatient procedures that provide health care facilities. These centers are cost-effective and offer quality care & positive patient outcome. Increasing demand for minimally invasive surgeries (MIS) and technological developments in surgical devices and equipment are the major factors driving the growth of the market. An increase in the incidence of chronic diseases and rising healthcare costs are set to further enhance the overall market demand for the U.S. & Europe Ambulatory Surgery Centers Market during the forecast period 2020-2025.
U.S. & Europe Ambulatory Surgery Centers Market – By Specialty
The Orthopedics segment held the largest share in the U.S. & Europe Ambulatory Surgery Centers Market in 2019 and is estimated to grow at a CAGR of 6.95% during the forecast period 2020-2025. Orthopedics is a branch of medicine that focuses on the care of the musculoskeletal system. This system is made up of muscles and bones, as well as joints, ligaments, and tendons. Orthopaedists use both surgical and nonsurgical approaches to treat a variety of musculoskeletal issues, such as sports injuries, joint pain, and back problems. These conditions can be present from birth, or they can occur as a result of injury or age-related wear and tear. Otolaryngology is a medical specialty that is focused on the ears, nose, and throat. It is also called otolaryngology-head and neck surgery as specialists are trained in both medicine and surgery. An otolaryngologist is often called an ear, nose, and throat doctor, or an ENT for short. Plastic surgery is highly in demand in Europe owing to the rising trend of body shaping and increasing number of cosmetic and aesthetic procedures. According to The International Association for Ambulatory Surgery (IAAS), Germany, Italy, Greece, Netherlands, and Spain perform the maximum number of plastic surgeries in a year, with around 40% procedures performed in ASCs. Orthopedics is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2020-2025.
Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=19509
Report Price: $ 4500 (Single User License)
U.S. & Europe Ambulatory Surgery Centers Market – By Ownership
The Physician-Owned segment held the largest share in the U.S. & Europe Ambulatory Surgery Centers Market in 2019. This can be attributed to growing physician’s interests towards standalone ambulatory surgery centers for increased profitability. Many ASCs are being operated by the largest chains such as AmSurg and Hospital Corporations of America (HCA). With increased emphasis on value-based care, along with more refined Managed Care Organizations (MCO) contracting practices, it is expected that more standalone practices will collaborate with management firms. Besides, to extend their community footprints, hospitals are increasingly looking to build or acquire ASCs. The Physician-Owned are set to be the highest growing segment and are estimated to register the highest CAGR during the forecast period 2020-2025.
U.S. & Europe Ambulatory Surgery Centers Market – By Geography
U.S. dominated the U.S. & Europe Ambulatory Surgery Centers Market in 2019 with a share of more than 38.91%, followed by Europe owing to the presence of sophisticated healthcare facilities, and availability of highly advanced equipment and skilled neuro as well as bariatric surgeons. An increase in the number of ambulatory surgery centers, a rise in the preference for outpatient settings for MIS procedures, and a supportive reimbursement framework for medical treatments is also increasing the growth of the Ambulatory Surgery Centers in this region.
However, Europe is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to the high incidence of ophthalmic disorders and rising number of cosmetic surgical procedures in day surgery/ ambulatory centers. Also, favourable government policies to improve the healthcare system and rapid economic development is also increasing the growth of the Ambulatory Surgery Centers in this region.
U.S. & Europe Ambulatory Surgery Centers Market Drivers
Rise in Chronic Disease
The rise in chronic disease is increasing the U.S. & Europe Ambulatory Surgery Centers Market. Chronic diseases tend to occur in older adults and can usually be controlled but not cured. The most common types of chronic diseases are cancer, heart disease, stroke, diabetes, and arthritis. It generally cannot be prevented by vaccines or cured by medication, nor do they just disappear. Arthritis and related conditions are the leading cause of disability in the US affecting nearly 43 million Americans. Although cost-effective interventions are available to reduce the burden of arthritis, they are underused. Regular, moderate exercise offers a host of benefits to people with arthritis by reducing joint pain and stiffness, building strong muscle around the joints, and increasing flexibility and endurance. The contemporary treatment methods increase the efficiency of pre-crisis adaptive responses, but simultaneously they equalize the crisis to a level, which is insufficient for complete after-crisis alignment of body defenses. Thus, increasing the growth of the U.S. & Europe Ambulatory Surgery Centers Market during the forecast period 2020-2025.
Surge in healthcare costs, and advancements in technology
The surge in healthcare costs and advancements in technology is increasing the U.S. & Europe Ambulatory Surgery Centers Market .The increase in health care costs can be attributed to a variety of different factors such as the aging population, defensive medicine, hospital costs increases, changes in insurance, and much more. A big contributing factor to the increase in cost is medical technology. Medical technology includes new practices such as robotic surgery, telemedicine, electronic medical records, and a variety of new drugs on the market. In many cases these new technologies increase the costs of health care, however, they can also help lower the costs of health care. The development of new vaccines is set to be pricey upfront, but in the long run, they will help stop the spread of viruses and disease and therefore lower treatment costs. New technology could also include better screening for a disease which would then lead to better treatment. Thus, increasing the growth of the U.S. & Europe Ambulatory Surgery Centers Market during the forecast period 2020-2025.
Download Sample Report @ https://www.industryarc.com/pdfdownload.php?id=19509
U.S. & Europe Ambulatory Surgery Centers Market Challenges
Lack of professionals, reimbursement, and rising healthcare costs:
Some of the factors that are set to impede the growth of the U.S. & Europe Ambulatory Surgery Centers Market are lack of professionals, reimbursement, and rising healthcare costs.
U.S. & Europe Ambulatory Surgery Centers Market Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the U.S. & Europe Ambulatory Surgery Centers Market. In 2019, the U.S. & Europe Ambulatory Surgery Centers Market share is consolidated by the top ten players present in the market. U.S. & Europe Ambulatory Surgery Centers Market, the top 10 companies are Envision Healthcare Corporation, Tenet Healthcare Corporation, HCA Healthcare, Inc., Surgical Center Development, Inc., Community Health Systems, Inc., Quorum Health Corporation, UnitedHealth Group, and MEDNAX Services, Inc. among others.
In October 2017, Envision Healthcare Corporation acquired Decatur Radiology Physicians which is a provider of radiology services.
U.S. dominated the U.S. & Europe Ambulatory Surgery Centers Market in 2019 owing to the presence of sophisticated healthcare facilities and the availability of highly advanced equipment. The U.S. & Europe Ambulatory Surgery Centers Market scope for different regions will be provided in the final report.
An increasing number of road injuries, chronic diseases, and trauma cases are likely to aid in the market growth of the U.S. & Europe Ambulatory Surgery Centers Market.
Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the U.S. & Europe Ambulatory Surgery Centers Market report.
Lack of professionals, reimbursement, and rising healthcare costs is poised to create hurdles for the U.S. & Europe Ambulatory Surgery Centers Market.
Related Reports :
A. Ambulatory Surgical Centers IT Services Market
B. Minimally Invasive Spine Surgery Market
For more Lifesciences and Healthcare related reports, please click here
About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to firstname.lastname@example.org to discuss more about our consulting services.
Antifoaming Agent Market Size Forecast to Reach $8.29 Billion by 2025
Global Vegetable Oil Market Size to Grow at a CAGR of 5.1% During the Forecast Period 2021-2026
Polyurethane Market Forecast to Reach $53.8 Billion by 2026
Elevator Modernization and New Installation Market is estimated to reach $104.8 billion by 2025
FCC Catalyst Market Size Forecast To Reach US$3.3 Billion by 2027