India Ambulatory Surgery Center Market Analysis

The India Ambulatory Surgery Center (ASC) Market size stood at around xx Bn in 2023 and is projected to reach US $xx Bn by 2033, exhibiting a CAGR of xx% during the forecast period.

The India Ambulatory Surgery Center (ASC) Market Analysis Executive Summary

Ambulatory Surgical Centers (ASCs) are contemporary medical establishments dedicated to delivering same-day surgical care, encompassing diagnostic and preventive procedures. By offering patients a more convenient option to hospital-based outpatient operations, ASCs have completely changed the outpatient experience for millions of Americans. They have also demonstrated a great track record of providing high-quality care and achieving favourable patient outcomes.

Advanced ambulatory surgical facilities, ambulatory surgical centers specialize on same-day surgical procedures, including diagnostic and prophylactic procedures. Those who don't need to be hospitalized are typically served by these facilities. After the medical treatment is over, the patient can be released from the hospital and the therapy can be carried out elsewhere. For those who are unable to pay large medical expenses, ambulatory surgical centers are a great option. Ambulatory surgical centers provide mobile surgical treatments for patient convenience. Ambulatory surgical centers have an operating room that is fully furnished for on-site surgeries. The greatest places to get simple, non-invasive surgeries are ambulatory surgical facilities. 

Market Trends for Ambulatory Surgery Centers

Over the course of the forecast period, the orthopedics segment is anticipated to hold the largest market share. Orthopedic surgery treats conditions affecting the musculoskeletal system, which includes the bones, joints, and surrounding soft tissues, as a result of various illnesses, disorders, injuries, accidents, or other circumstances. Orthopedic surgeries that are performed most frequently include arthroscopy, soft tissue repair, hip, knee, or other joint replacement, as well as bone fracture repair.

Due to the increasing cost of orthopedic surgery and the increased strategic activities by industry participants, the orthopedic segment is predicted to rise significantly over the course of the study period. Recent years have seen a rise in the number of knee and hip replacement procedures, which has helped the market for electrosurgical devices grow in that particular category. For example, according to the Canadian Institute of Health Information's June 2021 report, there were 75,073 knee replacements and 63,496 hip replacements carried out in Canada. Furthermore, the number of knee and hip replacement surgeries performed in the aforementioned nation has increased by almost 5% on average in recent years. Similarly, the Versus Arthritis organization's State of Musculoskeletal Health 2021 study indicates that roughly 118,316 hip replacements and 123,690 knee replacements were performed in the UK. Therefore, given the high number of orthopedic treatments performed, there could be a significant need for ambulatory surgery facilities.

India Ambulatory Surgery Center (ASC) Market Dynamics

Market Growth Drivers Analysis

The demand for ambulatory surgical centers is anticipated to grow steadily due to the exponential increase in healthcare costs over the past ten years and the resulting changes in healthcare practices. The India Ambulatory Surgery Center (ASC) Market is also significantly influenced by the rising prevalence of chronic illnesses that call for routine minor operations that can be completed in an outpatient setting. The increasing cost of surgical operations for hospitals and other healthcare institutions is a significant factor driving the market for ambulatory surgical centers. The Ambulatory Surgery Center (ASC) Market is expanding due to the desire to decrease inpatient surgeries, especially for minor procedures, as well as the increasing popularity of these facilities.

The demand for ambulatory surgical centers is anticipated to grow steadily due to the exponential increase in healthcare costs over the past ten years and the resulting changes in healthcare practices. The market for ambulatory surgical centers is also significantly influenced by the rising prevalence of chronic illnesses that call for routine minor operations that can be completed in an outpatient setting. The increasing cost of surgical operations for hospitals and other healthcare institutions is a significant factor driving the market for ambulatory surgical centers. The Ambulatory Surgery Center (ASC) Market is expanding due to the desire to decrease inpatient surgeries, especially for minor procedures, as well as the increasing popularity of these facilities.

Over the projected time, there will probably be an increase in the number of profitable possibilities due to the growing need for ambulatory surgery facilities in developing nations. Owing to improvements in medical technology and facility affordability, the market for ambulatory surgery centers is expanding. Convenient locations, financial savings, technological advancements, and patient satisfaction are all factors that contribute to the growth of the India ambulatory surgical center market. Patients can take advantage of day surgery and affordable treatments and facilities at ambulatory surgical centers. The range of treatments that can be carried out in ambulatory surgical centers has expanded due to the development of less invasive surgical techniques.

Favourable reimbursement opportunities for services rendered by ambulatory surgery centers are a key factor propelling the market for these facilities. For surgical procedures, especially minor ones, ambulatory surgery clinics are attractive in developing countries because to medical coverage provided by both private and state-run healthcare insurance. The majority of ambulatory surgery facilities are more expensive than hospital procedures but do not necessitate a hospital stay.

Over the forecast period, it is anticipated that the India Ambulatory Surgery Center (ASC) market for outpatient surgical centers would grow due to the growth in the prevalence of chronic conditions. The industry for ambulatory surgery centers is anticipated to gain from the increasing number of global partnerships and acquisitions. The increased need for minimally invasive treatments, surgeon tools and equipment, technological advancements in surgical tools and equipment, and physician control over equipment selection are all contributing factors to the growth of the ambulatory surgical center sector. It is anticipated that a low rate of health care professionals will impede the growth in demand for India Ambulatory Surgery Center (ASC) Market 

Opportunity

Patient-Centered Care Plans:

Patient-centered care (PCC) models are focused on providing healthcare that is sensitive to and mindful of patients' preferences, needs, and values in the Ambulatory Surgery Center (ASC) Market. These approaches aim to raise the standard of treatment and increase patient satisfaction by making sure that patient values guide all therapeutic decisions. Patient-centered care (PCC) models are focused on providing healthcare that is sensitive to and mindful of patients' choices, needs, and values in the ambulatory surgery center (ASC) market. These approaches aim to raise the standard of treatment and increase patient satisfaction by making sure that patient values guide all therapeutic decisions. creating a calm and welcoming environment at the ASC to reduce nervousness and improve the overall patient experience.

Market Restraints

Rising healthcare prices, therefore, are a big worry for the industry since they make treatment specially surgery unaffordable for a lot of people. Consequently, medical experts have been trying to come up with creative ways to lower the cost of treatments while keeping surgical quality good, which will help a lot of people. In this instance, ambulatory surgery centers have shown to be a good substitute. 

Robotically assisted surgery is increasingly common in ASCs. These tools provide surgeons greater precision, control, and flexibility during procedures. Because robotic surgery is less intrusive and can lead to quicker recovery times, less pain after surgery, and a lower risk of infection, patients may find ASCs to be a desirable choice. The development of remote monitoring and telemedicine has made better preoperative and postoperative care possible. The requirement for in-person appointments is eliminated by telehealth technologies, which enable patients to have follow-up visits and consultations. Remote monitoring devices can monitor a patient's vital signs and condition, ensuring that quick action is taken in the event that issues arise. Thanks to wearable technologies and the Internet of Things, patients are receiving continuous health monitoring (IoT) advancements.

Competitive Landscape for Ambulatory Surgery Center (ASC) Market in India

Key Players

• CHSPSC, LLC.
• Edward-Elmhurst Health
• Eifelhöhen-Klinik AG
• Envision Healthcare Corporation
• Healthway Medical Group
• Nexus Day Surgery Centre
• Pediatrix Medical Group
• Prospect Medical Holdings, Inc.
• SurgCenter
• Surgery Partners
• TH Medical
• UNITEDHEALTH GROUP

Recent Developments and Mergers and Acquisitions

In May 2024, in collaboration with Florida renal Physicians, Panoramic Health, an integrated provider group for renal care, increased its footprint in Tampa, Florida, by constructing a new ASC with five operating rooms. The center's growth will boost patient and provider satisfaction and optimize outpatient care delivery. 

In February 2023, after joining forces with Dutchess County Orthopedic Associates, Spire Orthopedic Partners became one of the biggest orthopedic platforms in the country. This would help the business handle the growing demand and provide better care for current patients.

In July, 2022, a robotic surgery program was launched by the Southeastern Spine Institute Ambulatory Surgery Center, a United Surgical Partners International affiliate. The facility has state-of-the-art robotic technology installed to enhance the precision and efficacy of total knee replacement surgery.

In January2022, ValueHealth LLC disclosed that its joint venture partner, Penn State Health, had purchased stock in the Surgery Center of Lancaster. The purpose of this acquisition is to expand the center's service offerings and increase the area's access to value-based surgical care.

Healthcare Policies and Regulatory Landscape for Ambulatory Surgery Center (ASC) Market in India

ASCs are required to implement and monitor policies that ensure the facility provides quality health care in a safe environment. To participate in Medicare, ASCs must meet specific federal requirements designed to ensure patient safety and service quality, such as maintaining comprehensive medical records, establishing infection control programs, and having qualified staff available.

Health plans have policies in place to optimize the use of ASCs as a high-quality, cost-effective alternative to inpatient or outpatient hospital settings for appropriate procedures. Reimbursement policies specify the criteria for when surgical services are medically necessary to be provided in an ASC, such as non-emergent procedures, surgeon privileges at the ASC, BMI < 40, anticipated operative time < 3 hours, and ASA physical status class I-III.

The Centers for Medicare & Medicaid Services (CMS) is considering expanding the list of procedures that can be safely performed in ASCs, which would allow Medicare beneficiaries to access a wider range of surgical services already available to privately insured patients. Adoption of these recommendations could improve access to affordable and safe outpatient surgery for Medicare beneficiaries.

As ASCs continue to demonstrate low adverse outcome rates compared to hospital outpatient departments, even for higher-risk patients, the industry is well-positioned to lead further improvements in surgical care quality and cost-effectiveness. Regulatory bodies and payers are working collaboratively with ASCs to promote policies that ensure patient safety while enabling access to a broader range of outpatient surgical services.