Overview

Healthy change: Partnerships with hospitals will enable ASCs to provide more outpatient services

IBISWorld’s Industry Market Report on Ambulatory Surgery Centers is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

REPORT SNAPSHOT

Market Share of Companies
Industry Statistics & Market Size
Revenue
$26bn
Annual Growth
12-17
2.4%
Annual Growth
17-22
Profit
Employment
148,535
Business
7,618

Industry Threats & Opportunities

  • Some physicians have preferred to work at ASCs, rather than at hospitals, due to having superior autonomy
  • The industry is subject to stringent regulations at both the federal and state levels
  • Over the next five years, ASCs will continue to provide low-cost care

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    Industry Analysis & Industry Trends

    The Ambulatory Surgery Centers industry includes establishments that provide surgical and emergency care services on an outpatient basis. Ambulatory Surgery Centers (ASCs) offer improved patient quality and care, while also cutting healthcare costs. Due to some hospitals contending with scheduling delays, limited operating room capacities, budgetary issues and inefficient operating room turnovers, ASCs provided a cost-effective alternative. Over the five years to 2022, industry revenue is forecast to grow. Healthcare reform is expected to have a negligible effect on the industry, due to ASCs needing to submit quality and cost data to secure Medicare and Medicaid reimbursements...

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    Industry Report - Starting a New Business Chapter

    Initial capital requirements represent the largest barrier to entry for potential operators. According to Becker's ASC Review, a stand-alone ambulatory surgery center requires $220 to $250 per square foot to be operational, not including equipment expenses. An estimated $500,000 to $1.5 million is required in the form of equity cash contributions by the owners. According to Kenny Hancock of Meridian Surgical Partners, an estimated $1.0 million is required per operating room, with debt financing providing the majority of this required capital. Moreover, it typically takes 18 to 24 months of planning to open an ambulatory surgery center.

    Along with capital requirements, certificates of need (CON) also present barriers to entry for potential ambulatory surgery centers. CON..

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    Additional Insights for the Ambulatory Surgery Centers Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Ambulatory Surgery Centers Industry are

  • Having a wide and expanding product range
  • Understanding government policies and their implications
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Number of people with private health insurance and Federal funding for Medicare and Medicaid in the Ambulatory Surgery Centers industry impact industry performance..

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    Look under the hood?

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    Industry Products

    What is the Ambulatory Surgery Centers Industry?

    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).

    Industry Products
    Musculoskeletal system and connective tissue diseases
    Nervous system and sense organ diseases
    Respiratory system diseases
    Digestive system diseases
    Symptoms, signs and ill-defined conditions
    Injury and poisoning
    Infectious and parasitic diseases
    Industry Activities
    Providing ophthalmology services
    Providing orthopedic services
    Providing gastrointestinal services
    Providing pain management treatment
    Providing plastic surgery and urology services

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Number of people with private health insurance
  • Federal funding for Medicare and Medicaid
  • Number of adults aged 65 and older
  • Per capita disposable income
  • Regulation for the Health and Medical Insurance industry

  • Current Performance
  • Industry landscape
  • Enterprises and employees
  • Chart: Revenue Growth

  • Industry Outlook
  • Industry landscape
  • Enterprises and employees
  • Table: Ambulatory Surgery Centers Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Ambulatory Surgery Centers Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Health & Medical Insurance
  • Public Administration
  • Consumers

  • Key Selling Industries
  • Brand Name Pharmaceutical Manufacturing
  • Commercial Leasing
  • Generic Pharmaceutical Manufacturing
  • Medical Instrument & Supply Manufacturing
  • Specialist Doctors

  • Products & Services
  • Other
  • Musculoskeletal system and connective tissue diseases
  • Digestive system diseases
  • Nervous system and sense organ diseases
  • Injury and poisoning
  • Symptoms, signs and ill-defined conditions
  • Respiratory system diseases
  • Infectious and parasitic diseases
  • Chart: Ambulatory Surgery Centers Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Private insurers
  • Government insurers
  • Out-of-pocket
  • Other
  • Chart: Major Market Segmentation for the Ambulatory Surgery Centers Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages and depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Ambulatory Surgery Centers

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Ambulatory Surgery Centers Industry

  • Industry Globalization
    Major Companies
    AmSurg Corp.
  • Table: AmSurg Corp. - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Ambulatory Surgery Centers Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Ambulatory Surgery Centers Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Number of people with private health insurance (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Endoscopy
  • Endoscopy refers to looking inside bodies with the use of an endoscope, which is an instrument used to examine the inside of organs or cavities.
  • Laparoscopic Surgery
  • Also known as minimally invasive surgery. A surgical technique ensuring operations are done through small incisions and are less traumatic on the body.
  • Nerve Block
  • Nerve blocks include local and other anesthetics that are used to treat painful conditions.
  • Outpatient
  • Patients that receive medical treatment without being admitted to a hospital.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Ambulatory Surgery Centers:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Ambulatory Surgery Centers market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Ambulatory Surgery Centers, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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