The Ambulatory Surgery Centers industry has inundated the healthcare sector since the 1970s, due to ASCs being a high-quality, yet cost effective, alternative to inpatient care administered by hospitals. As hospitals have faced scheduling delays, slow operating room turnover times and budgetary issues limiting the ability to purchase new medical equipment, among other operational issues, many patients have preferred to visit ASCs to receive care. In the coming years, the industry is expected to grow, partly due to healthcare reform. As healthcare providers face rising pressure to cut costs, ambulatory surgery centers will likely remain a cost effective, yet high-quality, care model.
This industry provides surgical services such as orthoscopic and cataract surgery. Industry operators also provide emergency care services, including setting broken bones, treating lacerations and tending to patients who have suffered injuries, due to accidents or trauma. Services are provided on an outpatient basis and operators are required to have specialized facilities, such as operating and recovery rooms, as well as pertinent equipment (i.e. anesthesia and X-ray machines).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.