Ambulatory Surgical Center Market Key Companies, Developments and Future Trends

Future Outlook and Key Players in the Ambulatory Surgical Center Market

The ambulatory surgical center (ASC) market was valued at USD 94.57 billion in 2022 and is expected to reach USD 167.1 billion by 2032. With a projected compound annual growth rate (CAGR) of 5.66% from 2023 to 2032, the market is set for significant expansion in the coming years.

Ambulatory surgery centers (ASCs) are specialized medical facilities that provide outpatient surgical services, meaning patients can have surgery and go home on the same day without needing to stay overnight. Before ASCs emerged in the 1970s, most surgeries were performed in hospitals. While hospitals are known for delivering high-quality care, patients opting for elective surgeries often face long wait times and limited availability of operating rooms. In contrast, ASCs have become a popular choice for many patients in recent years because they offer more flexible scheduling, a calmer and more comfortable setting, and lower costs.

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Ambulatory Surgical Center Market Companies

1. Cerner Corporation – A leading global health information technology company, Cerner focuses on providing innovative electronic health record (EHR) solutions, empowering healthcare organizations to improve patient care and streamline operations.
2. Allscripts Healthcare Solutions Inc. – Allscripts offers healthcare IT solutions, including EHRs and practice management tools, designed to improve patient outcomes and enhance operational efficiency in various healthcare settings.
3. McKesson Corporation – McKesson is a major player in healthcare distribution and technology solutions, providing medical supplies, pharmaceuticals, and services to improve healthcare systems worldwide.
4. Medical Information Technology Inc. (MEDITECH) – MEDITECH is known for its EHR systems that help healthcare providers manage patient information, streamline workflows, and improve care coordination.
5. Advanced Data Systems Corporation – Specializing in healthcare software solutions, Advanced Data Systems offers integrated electronic health records, practice management software, and scheduling solutions for healthcare providers.
6. Surgical Information Systems (SIS) – SIS provides specialized software solutions for surgery centers, offering tools that improve clinical workflows, enhance patient care, and optimize business operations.
7. NextGen Healthcare – A provider of EHR and practice management solutions, NextGen Healthcare supports outpatient facilities with comprehensive software designed to improve care delivery and operational efficiency.
8. Philips Healthcare – A global leader in health technology, Philips Healthcare offers advanced medical imaging, monitoring, and therapeutic solutions that support the entire healthcare system, including ambulatory surgical centers.
9. Epic Systems Corporation – Epic Systems develops EHR software that helps healthcare organizations manage patient records and optimize care workflows, making it widely used in both hospitals and outpatient settings.
10. GE Healthcare – GE Healthcare provides a broad range of healthcare technology, including medical imaging, monitoring, and diagnostic solutions, aimed at improving the efficiency and quality of patient care.

Key Developments

• GE Healthcare launched Edison Datalogue, a solution designed to manage and analyze healthcare data. This innovation helps improve patient care and streamline operations by enhancing data management capabilities.
• In 2019, MEDITECH and Google partnered to make electronic health record (EHR) data accessible on the Google Cloud Platform. This collaboration boosted the security, scalability, and interoperability of patient data, ensuring better patient care across healthcare systems.
• Epic Systems and Teladoc Health joined forces in 2019 to integrate Teladoc’s virtual care platform with Epic’s App Orchard. This partnership enabled healthcare providers to offer telehealth video consultations, making healthcare more accessible and convenient for patients.
• Terveystalo acquired Attendo’s Finnish healthcare services in December 2018, with the merger set to start in January 2019. This acquisition strengthened Terveystalo’s position in the Finnish healthcare market, expanding its reach and service offerings.
• In May 2018, AMSURG acquired Horizon Eye & LASIK Center, adding ophthalmology services to its network of ambulatory surgery centers. This expansion allowed AMSURG to offer a wider range of surgical services, improving patient care.
• AmSurg Corporation merged with Envision Healthcare Holdings Inc. in June 2016. This merger created a healthcare powerhouse with a broad range of services and innovative solutions, enhancing patient care and offering greater opportunities for healthcare professionals.

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