Ambulatory Surgical and Emergency Centers Market: Growing Awareness and Shorter Hospital Stays are Projected to Boost the Market
Albany NY, United States: Ambulatory Surgical and Emergency Centers Market – Overview
The global ambulatory surgical and emergency centers market is anticipated to witness massive growth during the forecast period (2021 to 2031). Mounting healthcare costs are a major cause of concern around the world. As a result, many individuals cannot afford the treatment they need, such as surgical procedures. This has pushed healthcare experts to explore novel ways to reduce the cost of such treatments while ensuring excellent quality.
Ambulatory surgery and emergency centers have proven to be a great solution in this case. The increased strain of surgical procedures on hospitals and healthcare organizations is a significant aspect projected to drive the global ambulatory surgical and emergency centers market. Moreover, the increasing need to minimize inpatient surgeries, especially for minor procedures, and greater acceptance of ambulatory surgical and emergency centers, are expected to boost the global ambulatory surgical and emergency centers market.
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Ambulatory Surgical and Emergency Centers Market – Competitive Landscape
Key players operating in the global ambulatory surgical and emergency centers market are Community Health Systems, Inc., AmSurg Corporation, Eifelhoehen-Klinik AG, Healthway Medical Corporation Ltd., United Surgical Partners International, Inc., Corporacion Dermoestetica, S.A., IntegraMed America, Inc., Medical Facilities Corporation, NovaMed, Inc., LCA – Vision, Inc., Symbion, Inc., TLC Vision Corporation, Universal Health Services Inc., Terveystalo Healthcare Oyj, and Vanguard Health Systems, Inc.
Key market players are heavily involved in product launches and mergers and acquisitions in order to bolster their product portfolios and provide competitive distinction. For instance, El Centro Regional Medical Center (ECRMC) collaborated with Cerner Corporation in July 2021. The collaboration's goal is to create a unified financial and healthcare system. Both organizations are working to promote health and well-being through innovative, high-quality patient care.
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Ambulatory Surgical and Emergency Centers Market – Trends and Opportunities
The Ambulatory Surgery Center Association (ASCA) states that surgeries conducted in ambulatory surgical and emergency centers are approximately 50.0% less expensive than those conducted in hospital outpatient departments (HOPD). Preventive care and cost reductions are expected to increase the utility of ambulatory surgical and emergency centers in the years ahead. Moreover, the availability of financing for ambulatory healthcare facilities and good government measures are expected to drive the global ambulatory surgical and emergency centers market in the future years.
Technological developments in minimally invasive surgeries and increased demand due to growing awareness and shorter hospital stays are projected to boost the global ambulatory surgical and emergency centers market throughout the projection period. Endoscopy and laparoscopy, for example, have reduced the requirement for prolonged hospital stays.
Furthermore, governments throughout the world are increasing their investments in primary healthcare institutions in order to provide more affordable medical treatment and reduce the pressure on hospitals. For example, the NHS implemented measures in February 2016, including increased funding for general practitioners to relieve pressure on emergency and accident departments, which bolstered the potential of Primary Healthcare Properties (PHP).
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Ambulatory Surgical and Emergency Centers Market – Regional Landscape
North America ambulatory surgical and emergency centers market is anticipated to expand due to increasing awareness of ambulatory surgery centers, favorable government efforts for better and cost-effective patient care, and the availability of funding for ambulatory surgical and emergency facilities. As per Definitive Healthcare data, there are over 9,280 ambulatory surgery centers in the United States. The ease of access to these services, as a result of the extensive network, is projected to drive the regional market.
The ambulatory surgical and emergency centers market in Asia Pacific is expected to grow throughout the forecast period due to an aging population, increased awareness about the cost efficiency of ambulatory surgical and emergency centers, and advancements in minimally invasive procedures.
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