Market Overview:
The global ambulatory surgery market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing number of surgical procedures being performed outside of the hospital setting and rising demand for minimally invasive surgeries. By type, the gastrointestinal segment is expected to account for the largest share of the global ambulatory surgery market in 2018, followed by cardiovascular, neurological, orthopedic and other segments. By application, physician's office segment is expected to account for majority share of global ambulatory surgery market in 2018 followed by hospital OPDs and ASCs segments. North America accounted for majority share (41%)of global ambulatory surgery market revenue in 2017and it is projected to maintain its dominance during forecast period owing high prevalence rateof chronic diseases such as obesity and diabetes mellitus coupled with increasing number of geriatric population who are more prone tobenefit from outpatient surgeries .
Product Definition:
Ambulatory surgery is a surgical procedure that does not require an overnight hospital stay. It is also known as outpatient surgery or day surgery. The importance of ambulatory surgery is that it allows patients to recover from procedures in the comfort of their own homes, and often results in shorter hospital stays and lower costs.
Gastrointestinal:
Gastrointestinal is a medical specialty concerned with the study of stomach and intestine. The gastroenterologists are the physicians who specialize in the treatment of diseases related to GI tract. The gastrointestinal market is expected to grow at a lucrative rate during the forecast period owing to factors such as increasing prevalence of chronic diseases, rising geriatric population base, and growing awareness about early diagnosis among patients & general public.
Cardiovascular:
Cardiovascular is a branch of medicine dealing with heart and blood vessels. It is one of the most important reasons for visits to ambulatory surgical centers as compared to hospital outpatient departments. The major factor contributing towards this shift includes shorter stay duration, reduced waiting time, increased convenience for patients & surgeons and cost-effective treatment options in comparison with traditional settings.
Application Insights:
The hospital outpatient department (HOPD) segment dominated the market in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to increasing number of HOPDs across the globe. According to a study published by NCBI, as of 2016, there were approximately 583 thousand HOPDs in U.S., which was a rise of around 35% from 2010. The same study also stated that majority of these departments are found in hospitals and ASCs with large patient base, thus providing opportunities for ambulatory surgery centers (ASCs).
In addition, rising prevalence of chronic diseases such as cardiovascular diseases, cancer & oncology disorders along with increasing geriatric population across countries like India and China is expected to drive demand for ambulatory surgeries over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to increasing geriatric population, rising prevalence of chronic diseases, and favorable reimbursement policies. In addition, an increase in healthcare expenditure by government entities and a rise in preference for ambulatory surgery centers are some factors that can be attributed to North America’s dominance over other regions.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving economic conditions and growing awareness about outpatient settings for ambulatory surgeries coupled with a large patient pool seeking treatment at primary care centers. Furthermore, increasing medical tourism especially among low-income countries such as India & China is also contributing towards regional growth (2). For instance, as per a study published by National Health Portal of India; from 2014 till 2019 around 1 million patients visited India for medical reasons every year (3). Such trends are projected to positively influence regional market development over the coming years.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of around 6.5% during the forecast period, which will result in an increase in the demand for ambulatory surgery procedures.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as cancer, heart disease, and diabetes is increasing at an alarming rate across the world. This is resulting in an increase in the demand for ambulatory surgery procedures as they are less invasive and offer shorter recovery times than traditional surgical procedures.
- Technological advancements: Ambulatory surgery centers are increasingly adopting advanced technologies such as minimally invasive surgeries (MIS) and robot-assisted surgeries to offer patients faster recoveries and better outcomes. This is driving the growth of the market for ambulatory surgery procedures worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ambulatory Surgery Market Research Report
By Type
Gastrointestinal, Cardiovascular, Neurological, Orthopedic, Other
By Application
Physician's Office, Hospital OPDs, ASCs
By Companies
Mayo Clinic, Massachusetts General Hospital, Mount Sinai Hospital, New York Presbyterian, University of Washington Medical Center, Cleveland Clinic, St Jude Children's Research Hospital, Johns Hopkins Medicine, University of Maryland Medical, Taipei Veterans General Hospital
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Ambulatory Surgery Market Report Segments:
The global Ambulatory Surgery market is segmented on the basis of:
Types
Gastrointestinal, Cardiovascular, Neurological, Orthopedic, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Physician's Office, Hospital OPDs, ASCs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mayo Clinic
- Massachusetts General Hospital
- Mount Sinai Hospital
- New York Presbyterian
- University of Washington Medical Center
- Cleveland Clinic
- St Jude Children's Research Hospital
- Johns Hopkins Medicine
- University of Maryland Medical
- Taipei Veterans General Hospital
Highlights of The Ambulatory Surgery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gastrointestinal
- Cardiovascular
- Neurological
- Orthopedic
- Other
- By Application:
- Physician's Office
- Hospital OPDs
- ASCs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ambulatory Surgery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ambulatory surgery is a term used to describe any type of surgery that is performed outside of the hospital setting. This includes surgeries that are done on an outpatient basis, such as knee replacement surgery or hip replacement surgery.
Some of the major companies in the ambulatory surgery market are Mayo Clinic, Massachusetts General Hospital, Mount Sinai Hospital, New York Presbyterian, University of Washington Medical Center, Cleveland Clinic, St Jude Children's Research Hospital, Johns Hopkins Medicine, University of Maryland Medical, Taipei Veterans General Hospital.
The ambulatory surgery market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ambulatory Surgery Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ambulatory Surgery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ambulatory Surgery Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ambulatory Surgery Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ambulatory Surgery Market Size & Forecast, 2018-2028
4.5.1 Ambulatory Surgery Market Size and Y-o-Y Growth
4.5.2 Ambulatory Surgery Market Absolute $ Opportunity
Chapter 5 Global Ambulatory Surgery Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ambulatory Surgery Market Size Forecast by Type
5.2.1 Gastrointestinal
5.2.2 Cardiovascular
5.2.3 Neurological
5.2.4 Orthopedic
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ambulatory Surgery Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ambulatory Surgery Market Size Forecast by Applications
6.2.1 Physician's Office
6.2.2 Hospital OPDs
6.2.3 ASCs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ambulatory Surgery Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ambulatory Surgery Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ambulatory Surgery Analysis and Forecast
9.1 Introduction
9.2 North America Ambulatory Surgery Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ambulatory Surgery Market Size Forecast by Type
9.6.1 Gastrointestinal
9.6.2 Cardiovascular
9.6.3 Neurological
9.6.4 Orthopedic
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ambulatory Surgery Market Size Forecast by Applications
9.10.1 Physician's Office
9.10.2 Hospital OPDs
9.10.3 ASCs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ambulatory Surgery Analysis and Forecast
10.1 Introduction
10.2 Europe Ambulatory Surgery Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ambulatory Surgery Market Size Forecast by Type
10.6.1 Gastrointestinal
10.6.2 Cardiovascular
10.6.3 Neurological
10.6.4 Orthopedic
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ambulatory Surgery Market Size Forecast by Applications
10.10.1 Physician's Office
10.10.2 Hospital OPDs
10.10.3 ASCs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ambulatory Surgery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ambulatory Surgery Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ambulatory Surgery Market Size Forecast by Type
11.6.1 Gastrointestinal
11.6.2 Cardiovascular
11.6.3 Neurological
11.6.4 Orthopedic
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ambulatory Surgery Market Size Forecast by Applications
11.10.1 Physician's Office
11.10.2 Hospital OPDs
11.10.3 ASCs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ambulatory Surgery Analysis and Forecast
12.1 Introduction
12.2 Latin America Ambulatory Surgery Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ambulatory Surgery Market Size Forecast by Type
12.6.1 Gastrointestinal
12.6.2 Cardiovascular
12.6.3 Neurological
12.6.4 Orthopedic
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ambulatory Surgery Market Size Forecast by Applications
12.10.1 Physician's Office
12.10.2 Hospital OPDs
12.10.3 ASCs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ambulatory Surgery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ambulatory Surgery Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ambulatory Surgery Market Size Forecast by Type
13.6.1 Gastrointestinal
13.6.2 Cardiovascular
13.6.3 Neurological
13.6.4 Orthopedic
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ambulatory Surgery Market Size Forecast by Applications
13.10.1 Physician's Office
13.10.2 Hospital OPDs
13.10.3 ASCs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ambulatory Surgery Market: Competitive Dashboard
14.2 Global Ambulatory Surgery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mayo Clinic
14.3.2 Massachusetts General Hospital
14.3.3 Mount Sinai Hospital
14.3.4 New York Presbyterian
14.3.5 University of Washington Medical Center
14.3.6 Cleveland Clinic
14.3.7 St Jude Children's Research Hospital
14.3.8 Johns Hopkins Medicine
14.3.9 University of Maryland Medical
14.3.10 Taipei Veterans General Hospital
