Ambulatory Surgical Centers Market is projected to reach USD 7.2 billion by 2025 from 2.1 billion in 2020, at a CAGR of 27.6% during the forecast period. The market growth can be attributed to rising healthcare costs, the shift from inpatient to outpatient surgical procedures, and increasing demand for IT solutions such as mhealth for better care, telemedicine and remote patient monitoring.
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112 – Tables
36 – Figures
176 – Pages
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Key Market Players
Cerner Corporation (US), McKesson Corporation (US), Allscripts Healthcare Solutions, Inc. (US), GE Healthcare (US), Philips Healthcare (Netherlands), athenahealth, Inc. (US), Optum (US), Epic Systems Corporation (US), Medical Information Technology, Inc. (MEDITECH) (US), eClinicalWorks (US), athenahealth, Inc. (US), Advanced Data Systems Corporation (US), NextGen Healthcare (US), CureMD (US), HST Pathways (US), and Surgical Information Systems (US).
Growth Strategies Adopted:
These players undertake several strategic initiatives such as mergers, acquisitions, new product launches, and geographical expansions that helps them in sustaining market competition.
Cerner Corporation (US) is one of the major players in the Ambulatory Surgical Centers market in 2019. The company has a diversified product portfolio, which includes a wide range of Ambulatory Surgical Centers IT products and services. Cerner’s position in the market is attributed to its active R&D activities and wide distribution footprint across the globe.
Allscripts Healthcare Solutions, Inc. (US) is one of the major players in the Ambulatory Surgical Centers market in 2019. Its dominance in the market can be attributed to its wide range of product offerings and its strong geographical footprint through strategic acquisitions and partnerships. In 2019, Allscripts signed an agreement with Northwell Health for the development of next-generation, AI-powered electronic health records that would be used for better management of patient data among healthcare organizations.
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By-products and services, the healthcare providers segment accounted for the largest share of the Ambulatory Surgical Centers market
There is a high demand for clinical solutions due to the increasing demand for improved patient safety and patient care, the need to manage complex patients' data from different medical devices and information systems, and the need for integrated healthcare systems. In this report, the clinical solutions segment is further segmented into EHR, population health management solutions, medical image analysis systems, e-prescribing solutions, practice management software, surgical planning software, telehealth solutions, healthcare integration solutions, and other.
North America to hold the largest regional market share
North America accounted for the largest share of the Ambulatory Surgical Centers market, followed by Europe. The large share of this region can be attributed to the high adoption of Ambulatory Surgical Centers for reducing the soaring healthcare costs, increasing volume of surgical procedures performed
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