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U.S. Ambulatory Surgery Centers Market Analysis| Coherent Market Insights

The U.S. ambulatory surgery centers market is leading in 2019 by US$ 54,246.6 million in term of values.

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U.S. Ambulatory Surgery Centers Market Analysis| Coherent Market Insights

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. U.S. AMBULATORY SURGERY CENTERS MARKET ANALYSIS U.S. Ambulatory Surgery CentersMarket,bySpecialty (Single Specialty and Multi-specialty), by Ownership (Physician-only, Hospital-only, Corporate-only, Physician & Hospital, Physician & Corporate, and Hospital & Corporate), and by Procedure Type (Orthopedic, Cardiovascular, Pain Management, Ophthalmology, Podiatry, Neurology, Dental, Plastic Surgery, ENT, and Others) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

  3. Market Insights • U.S ambulatory surgery centers market growth is attributed to advantages offered by ambulatory surgical centers in the U.S. Ambulatory surgical centers (ASC) perform surgeries that do not require hospital admission of patients.Ithelps patients to have access to cost-effective healthcare services. For instance,accordingto the journal of Bone & Joints Surgery,2016,patients who underwent ankle fracture surgeries in ASC had lower rates of urinary tract infections (UTIs),pneumonia,blood clots and other complications. Moreover,increasingtechnological advancements in minimally invasive surgeries is further expected to drive growth of the market over the forecast period. • Furthermore,availabilityof significant reimbursement facilities in the U.S is expected to drive growth of the market.Forinstance,inNovember 2019,Centers for Medicare & Medicaid Services (CMS) made changes in ambulatory surgical center (ASC)payment system policy and payment rates final rule.Additionalpolicies in the final rule are expected to continue elimination of payment differences between certain outpatient sites of service so that patients can benefit from high-quality care at lower costs.

  4. The U.S. ambulatory surgery centers market is estimated to be valued at US$ 54,246.6 million in 2019, and is expected to exhibit a CAGR of 5.6% over the forecast period (2019-2027). Drivers: • Increasing reimbursement for surgeries performed in ambulatory surgical centers is expected to fuel growth of the U.S. ambulatory surgical centers market over the forecast period. Centers for Medicare and Medicaid Services (CMS) offers adequate reimbursement for surgeries performed in an ambulatory surgical center. For instance, in November 2019, the Centers for Medicare & Medicaid Services (CMS) issued the Calendar Year (CY) 2020 Hospital Outpatient Prospective Payment System (OPPS) and Ambulatory Surgical Center (ASC) Payment System Policy Changes and Payment Rates final rule.

  5. Additional policies in the final rule are expected to continue elimination of payment differences between certain outpatient sites of service so as to offer more benefits to patients at lower costs. Moreover, CMS has added total knee arthroplasty to the ASC-payable list in its 2020 medicare hospital outpatient prospective payment system and ASC payment system final rule. According to this, total knee arthroplasty will be eligible for medicare payment in the ASC setting in 2020. Along with this, additional six coronary intervention procedures, knee mosaicplasty, and 12 procedures with new CPT codes were added to the ASC-payable list in November 2019.

  6. Figure 1.U.S. Ambulatory Surgery Centers Market Share (%) Analysis, By Ownership, 2019

  7. Market Restraints Increasing number of patients opting for surgeries in hospitals is expected to act as a restraining factor for the market. Medical facilities such as multispecialty centers, specialty clinics, and others are present in the U.S. that offer medical services as ambulatory surgical centers. These facilities have presence of skilled medical professionals along with vast resources. These facilities perform outpatient surgeries as well as surgeries requiring patient admission such as cardiovascular surgeries or cancer surgeries. These factors are expected to restrain growth of the U.S. ambulatory surgical centers market up to certain extent.

  8. Competitive Section Key players operating in the U.S. Ambulatory Surgery Centers market include Tenet Healthcare Corporation, AmSurg Corporation, Surgery Partners, Covenant Surgical Partners Inc., Regent Surgical Health L.L.C., and Getinge Group.

  9. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst Reference: https://www.coherentmarketinsights.com/market-insight/us-ambulatory-surgery-centers-market-3531

  10. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  11. Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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