According to the research report titled ‘Ambulatory Surgical Centers Market Size By Ownership (Physician Only, Hospital Only, Corporation Only, Physician & Hospital, Physician & Corporation, Hospital & Corporation), By Surgery Type (Dental, Otolaryngology, Endoscopy, Obstetrics/Gynecology, Ophthalmology, Orthopedic, Cardiovascular, Neurology, Plastic Surgery, Podiatry, Others), By Specialty Type (Single Specialty, Multi-specialty) By Service (Diagnosis, Treatment), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2019 – 2025’, available with MarketStudyReport, global ambulatory surgical centers market size is projected to surpass USD 93 billion by the end of forecast period 2019-2025.
 

Increasing incidence of auto immune diseases such as rheumatoid arthritis, diabetes, and inflammatory bowel diseases, rising cases of accidents that require critical surgeries, and prevalence of genetic defect induced neurological disorders are driving global ambulatory surgical centers market growth.
 

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Furthermore, advancements in diagnostic technologies, and growing awareness about benefits of early diagnosis of diseases are expected to favor the market outlook in the upcoming years. Initiatives taken by public and private entities in both developed & developing countries, as well as improvements in insurance payers sectors are also elevating the market demand.
 

Despite the positive outlook, high costs of medical devices used for various procedures are likely to impede the industry growth over the forecast period.
 

Based on ownership type, physician owned segment is slated to rake in a major portion of the global ambulatory surgical centers industry revenue over 2019-2025, owing to ability to provide surgical treatments with less complications.
 

Moving on to surgery type, ophthalmology segment captured 15% market revenue in 2017, owing to increasing demand for surgeries that treat eye-disorders such as cataract, corneal surgery, and eye muscle surgery, with low recovery time.
 

Moving on to specialty type, multispecialty ambulatory surgical center segment is slated to record substantial gains over the analysis period, attributed to high patient preference, and easy availability of various types of treatments at a single center.
 

On the regional front, North America is expected to account for a significant share in the industry over 2021-2027, with the U.S. pioneering the revenue volumes. Increasing geriatric population, improving healthcare sector, efficient reimbursement policies, and emergence of several major vendors are propelling regional market development.
 

Prominent players in global ambulatory surgical centers industry are Tenet Healthcare Corp., Surgical Management Professionals LLC, Surgical Care Affiliates LLC, SurgCenter Development, Surgery Partners Inc., Regent Surgical Health LLC, Proliance Surgeons Inc., Physicians Endoscopy LLC, HCA Healthcare Inc., ASD Management, Covenant Physician Partners Inc., AMSURG (Envision Healthcare Solution), and Ambulatory Surgical Centers of America (ASCOA).