Ambulatory surgical centers (ASC) perform surgeries that do not require hospital admission of patients and offer cost-effective healthcare services. This is expected to fuel market growth. For instance, according to 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, growing technological advancements in minimally invasive surgeries is again expected to drive growth of the market over the forecast period.
Furthermore, availability of significant reimbursement facilities in the U.S is further projected to drive growth of the market. For instance, in November 2019, Centers for Medicare & Medicaid Services (CMS) made changes in ambulatory surgical center (ASC) payment system policy and payment rates final rule. Additional policies in the final rule are projected to continue elimination of payment differences between certain outpatient sites of service so that patients can benefit from high-quality care at lower costs.
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).
๐๐๐๐๐ข๐ฏ๐ ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: (๐๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐, ๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐๐ฅ๐๐ฌ & ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ, ๐๐ก๐๐ซ๐ญ) @ https://www.coherentmarketinsights.com/insight/request-pdf/3531
Adequate Reimbursement for Surgeries and Increasing Number of Minimally Invasive Surgeries are Expected to Drive Growth of the U.S. Ambulatory Surgery Centers Market
Growing reimbursement for surgeries performed in ambulatory surgical centers is projected 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.
Additional policies in the final rule are again expected to continue eradicate payment differences between certain outpatient sites of service so as to offer more benefits to patients at lower costs. Moreover, CMS has addedย total knee arthroplastyย 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.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ญ๐ก ๐ ๐ฅ๐๐ญ ๐๐๐ ๐๐๐๐ ๐๐ ๐ @ https://www.coherentmarketinsights.com/promo/buynow/3531
U.S. Ambulatory Surgery Centers Market – Restraints
Growing number of patients opting for surgeries in hospitals is projected to act as a hindering factor for the market. Medical facilities such as multispecialty centers, specialty clinics, and others are present in the U.S. that provide 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.
U.S. Ambulatory Surgery Centers Market – Competitive Landscape
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.
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๐๐ ๐๐๐๐๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐๐ฅ๐ข๐๐ค @ https://www.coherentmarketinsights.com/insight/request-customization/3531
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Specialty
- Market Snippet, By Ownership
- Market Snippet, By Procedure Type
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Regulatory Guidelines
- PEST Analysis
- Key Development
- Service Landscape
- ASC Management Companies
- Market Dynamics
- U.S. Ambulatory Surgery Centers Market, By Specialty, 2016 โ 2027, (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 โ 2027
- Segment Trends
- Single Specialty
- ย Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Multi-specialty
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Introduction
- U.S. Ambulatory Surgery Centers Market, By Ownership, 2016 โ 2027, (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 โ 2027
- Segment Trends
- Physician-only
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Hospital-only
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Corporate-only
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Physician & Hospital
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Hospital & Corporate
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Corporate & Physician
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Introduction
- U.S. Ambulatory Surgery Centers Market, By Procedure Type, 2016 โ 2027, (US$ Million)
- Introduction
- Market Share Analysis, 2019 and 2027 (%)
- Y-o-Y Growth Analysis, 2017 โ 2027
- Segment Trends
- Orthopedic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Cardiovascular
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Pain Management
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Ophthalmology
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Podiatry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Neurology
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Dental
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Plastic Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- ENT
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 โ 2027, (US$ Million)
- Introduction
- Competitive Landscape
- Company Profiles
- Tenet Healthcare Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- AmSurg Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Surgery Partners
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Covenant Surgical Partners Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Regent Surgical Health L.L.C.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Getinge Group
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Highlights
- Strategies
- Tenet Healthcare Corporation
- Company Profiles
- Section
- Analyst Views
- Research Methodology
- About Us and Sales Contact
View Press Release: https://www.coherentmarketinsights.com/press-release/us-ambulatory-surgery-centers-market-2853
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