Market Overview:
The global same-day surgery market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to factors such as the increasing incidence of chronic diseases, rising geriatric population, and technological advancements in surgical procedures. Based on type, the global same-day surgery market is segmented into gastrointestinal surgeries, cardiovascular surgeries, neurological surgeries, orthopedic surgeries, and other surgeries. The gastrointestinal surgery segment is expected to account for the largest share of the global same-day surgery market in 2018. This can be attributed to factors such as rising incidence of digestive system disorders and increasing demand for minimally invasive procedures. Based on application, the global same-day surgery market is segmented into physician's office visits (outpatient), hospital outpatient departments (OPDs), and ambulatory surgical centers (ASCs). The physician's office visits segment accounted for the largest share of the global same-day surgery market in 2017 owing to growing preference for outpatient care among patients across all age groups.
Product Definition:
A surgical procedure that is performed on the same day as the patient's initial consultation with a surgeon. Same-day surgery is becoming more common as surgeons and hospitals seek to improve efficiency and reduce costs.
Gastrointestinal:
Gastrointestinal is a medical specialty concerned with the study of digestive organs and their disorders. The gastroenterologists are the physicians who specialize in the treatment and diagnosis of diseases pertaining to these organs. Gastrointestinal disease is any disease or disorder that involves, gastrointestinal system which includes GI tract (esophagus, stomach, small intestine), gallbladder & liver function as well as biliary system (bronchus, ducts) and pancreatic function.
Cardiovascular:
Cardiovascular and it's usage in Same-day Surgery market is expected to witness significant growth over the forecast period. Cardiovascular diseases (CVD) are among the leading causes of death worldwide. According to WHO, CVDs contribute to nearly 8 million deaths every year, accounting for 31% of all global deaths.
Application Insights:
The same-day surgery market is categorized based on application into a physician's office, hospital OPDs, ASCs and others. The physician's office segment dominated the market in 2017 owing to an increasing number of primary care physicians and specialty physicians offering day-of-surgery procedures. In addition, rising demand for minimally invasive surgeries among patients with chronic conditions will drive the growth of this segment over the forecast period.
Hospital OPDs are expected to be one of the fastest growing segments due to their ability to offer surgical procedures at a more convenient time for patients as well as allow surgeons greater flexibility in scheduling surgeries depending upon patient requirements. This also allows hospitals or ASCs that provide these services to optimize their costs by reducing operating room hours when compared with traditional methods of surgery such as open heart surgeries or CABG (coronary bypass grafting).
Regional Analysis:
North America dominated the global same-day surgery market in 2017. This can be attributed to factors such as favorable reimbursement policies, increasing demand for minimally invasive surgeries, and rising awareness about early diagnosis of chronic diseases. According to a study published by National Center for Health Statistics (NCHS), in 2015 around 29 million procedures were performed on an outpatient basis at hospitals that did not have a formal agreement with Medicare or Medicaid. The number of these procedures increased by 8% from 2010 to 2014.
Asia Pacific is expected to grow at the fastest rate during the forecast period due to factors such as improving healthcare infrastructure and growing patient awareness regarding various surgical options available worldwide including same day surgery centers & clinics.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The growing preference for minimally invasive surgeries is one of the key growth drivers for the same-day surgery market. Minimally invasive surgeries are less risky and cause less pain and trauma as compared to traditional open surgeries. This has led to an increase in their adoption, especially among patients who are apprehensive about undergoing a major surgery.
- Rising incidence of chronic diseases: The prevalence of chronic diseases such as obesity, heart disease, and diabetes is on the rise globally, which is leading to an increase in the number of surgical procedures performed each year. This is providing a boost to the same-day surgery market.
- Technological advancements: Advancements in surgical technology have made it possible to perform complex procedures using minimally invasive techniques, thus reducing patient recovery time significantly. This is fueling demand for same-day surgeries and propelling market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Same-day 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 Same-day Surgery Market Report Segments:
The global Same-day 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 Same-day 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 Same-day 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
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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?
Same-day surgery is a surgical procedure that is performed on the same day as the patient's scheduled appointment.
Some of the key players operating in the same-day 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 same-day surgery market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Same-day 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 Same-day Surgery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Same-day 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 Same-day 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 Same-day Surgery Market Size & Forecast, 2018-2028
4.5.1 Same-day Surgery Market Size and Y-o-Y Growth
4.5.2 Same-day Surgery Market Absolute $ Opportunity
Chapter 5 Global Same-day 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 Same-day 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 Same-day 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 Same-day 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 Same-day 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 Same-day 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 Same-day Surgery Analysis and Forecast
9.1 Introduction
9.2 North America Same-day 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 Same-day 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 Same-day 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 Same-day Surgery Analysis and Forecast
10.1 Introduction
10.2 Europe Same-day 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 Same-day 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 Same-day 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 Same-day Surgery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Same-day 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 Same-day 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 Same-day 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 Same-day Surgery Analysis and Forecast
12.1 Introduction
12.2 Latin America Same-day 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 Same-day 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 Same-day 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) Same-day Surgery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Same-day 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) Same-day 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) Same-day 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 Same-day Surgery Market: Competitive Dashboard
14.2 Global Same-day 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
