The "U.S. Gastroenterology Ambulatory Surgery Centers Market Size, Share and Trends Analysis Report by Ownership (Hospital-Affiliated, Freestanding, Corporation-Owned) 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The U.S. gastroenterology ambulatory surgery center market size is anticipated to reach USD 9.78 billion by 2030. It is expected to expand at a CAGR of 6.8% from 2024 to 2030. The growth can be attributed to cost-efficiency, improved patient outcomes, and patient convenience provided by the ambulatory surgery centers. In addition, factors such as rising prevalence of digestive diseases and growing geriatric population are expected to fuel the growth.
Establishment and maintenance of hospitals and other healthcare settings are capital-intensive. In addition, high cost of hospitalization associated with inpatient admission has led to increased patient preference for outpatient facilities over hospital visits. The number of ambulatory surgery centers (ASCs) in U.S. has witnessed a surge in the last few years in order to fulfill the growing demand for alternate surgical facilities. Currently, there are more than 9,280 ASCs in U.S. with highest concentration in California, Florida, and Texas.
The other segment includes ASCs owned by various joint ventures such as physician-hospital, physician-hospital-corporate, and physician-corporate gastroenterology. The physician-hospital joint-venture ASCs are gaining traction due to better patient outcomes, enhanced productivity, and ownership interest.
The rising number of partnerships and acquisitions is a key factor expected to drive the growth of the market.
Key industry participants among service providers include Envision Healthcare Corporation; Tenet Healthcare Corporation; Surgery Partners; Community Health Systems, Inc. (CHS); Universal Health Service (UHS); Hospital Corporation of America (HCA); Surgery Care Affiliates (SCA); SurgCenter Development; Covenant Surgical Partners; and Regent Surgical Health.
U.S. Gastroenterology Ambulatory Surgery Centers Market Report Highlights
- The freestanding ownership segment accounted for the highest market share in 2023 owing to maximum professional control over clinical environment, high profitability, and quality of care delivered to patients.
- High government expenditure for the development of ambulatory surgery centers to reduce treatment costs and increase accessibility along with better reimbursement policies for procedures performed at ASC are driving the market growth.
- Corporation-owned ownership is expected to grow at a CAGR of 5.4% over the projected years.
The leading players in the U.S. Gastroenterology Ambulatory Surgery Centers market include:
- TH Medical.
- GE Healthcare
- Universal Health Services, Inc.
- Covenant Physician Partners
- Regent Surgical
- Cardinal Health.
- Boston Scientific Corporation
- Olympus Corporation
- Koninklijke Philips N.V.
- Cook Medical
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
-
Product innovation listing for you to stay ahead of the curve
Key Attributes:
Report Attribute | Details |
No. of Pages | 100 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $6.17 Billion |
Forecasted Market Value (USD) by 2030 | $9.78 Billion |
Compound Annual Growth Rate | 6.8% |
Regions Covered | United States
|
Key Topics Covered:
Chapter 1. Methodology and Scope
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.4. Research Scope and Assumptions
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
Chapter 3. U.S. Gastroenterology Ambulatory Surgery Centers Market Variables, Trends, & Scope
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.4. U.S. Gastroenterology Ambulatory Surgery Centers Market Analysis Tools
3.4.1. Porter's Analysis
3.4.2. PESTEL Analysis
Chapter 4. U.S. Gastroenterology Ambulatory Surgery Centers Market: Ownership Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. U.S. Gastroenterology Ambulatory Surgery Centers Market: Ownership Movement Analysis, 2023 & 2030 (USD Million)
4.3. Hospital-affiliated
4.4. Freestanding
4.5. Corporation-owned
4.6. Others
Chapter 5. Competitive Landscape
5.1. Recent Developments & Impact Analysis by Key Market Participants
5.2. Company Categorization
5.3. Company Heat Map Analysis
5.4. Company Profiles
- TH Medical.
- GE Healthcare
- Universal Health Services, Inc.
- Covenant Physician Partners
- Regent Surgical
- Cardinal Health.
- Boston Scientific
- Olympus
- Koninklijke Philips
- Cook Medical
For more information about this report visit https://www.researchandmarkets.com/r/qrm5q3
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View source version on businesswire.com: https://www.businesswire.com/news/home/20241022488824/en/
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