Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
An ambulatory surgery, is surgery that does not require hospital admission or an overnight hospital stay. It is also known as day case surgery, day surgery, same-day surgery or outpatient surgery. The benefits of ambulatory surgery over hospital surgery include reduced costs and greater convenience. The same day surgeries which are performed in a healthcare facility without hospital admissions or hospitalizations is known as ambulatory surgical centers
The North America ambulatory surgical centers market has been seeing tremendous growth from the past few years. The primary factors behind the growth of the market are increasing prevalence of chronic diseases and growing elderly population across the region. Ageing population is more expected to suffer from a variety of diseases due to anatomic and functional changes occurring in their bodies. According to World Population Prospects 2019 (United Nations, 2019), there were 703 million persons aged 65 years or over in the world. The number of older persons is estimated to double to 1.5 billion in 2050. Thus, rising elderly populations and increasing incidence of diseases such as respiratory, small surgical wounds and many others in elderly populaces are propelling the growth of the market.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the ambulatory surgical centers market. In addition, complete analysis of changes on ambulatory surgical centers market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The COVID-19 pandemic had a noteworthy impact on the ASCs market and took a toll on their regular operations. Many economies of the NA imposed lockdown to prevent the community transmission of the coronavirus. This needed move resulted in an immense decline in the count of ambulatory visits, affecting the market negatively.
The study analyses North America ambulatory surgical centers market based on product and services, components, specialty and geography.
Based on products and services, the market is segmented into clinical IT solutions, non-clinical healthcare IT solutions, and HCIT outsourcing services. The clinical IT solutions segment is projected to witness rapid growth during the forecast period. The clinical IT solutions segment is further bifurcated into EHRS, population health management solutions, medical image analysis solutions, e-prescribing solutions, practice management software, surgical planning software, tele-health solutions, healthcare integration solutions and other clinical solutions. Major factors such as increasing government support through funding and grants, rising demand for imaging software solutions, increasing research and development expenditure by pharmaceutical and healthcare companies, improved data standardization, and the growing number of clinical trials are driving growth of clinical IT solutions segment.
Based on component, the market is bifurcated into services, software, and hardware. The services as well as software segment is projected to account of the largest market share in the coming years. An increasing adoption of practice management software solutions and surgery software solutions to help ensure quality care and workflow efficiency before, during, and after surgical procedures is major factor impelling the segment growth.
Based on specialty, the market is segmented into single specialty and multi-specialty. With respect to specialty segment, in 2020, multi-sociality segment accounted for the largest market share and will witness a respectable growth over the forecast period. Alternatively, single specialty segment is also likely impel market growth in the years to come. This projected growth will attributed to the growing number of cost-effective single-specialty ambulatory surgical centers. Comparatively reduced risk of physician attrition coupled with reasonable treatment for patients will flourish the growth of the segment.
Country wise, the study is comprised of the key countries such as the US, Canada and Mexico. The United States held the largest market share of North American ambulatory surgical centers market and is likely to dominate the market over the estimated time frame. This anticipated growth is accredited to the increasing demand for ambulatory surgical centers along with availability or accessibility of minimally invasive treatments. Furthermore, supportive reimbursement policies as well as improvements and developments in medical technology will boost the regional growth of the market.
The major key players of market includes Cerner Corporation, Allscripts Healthcare Solutions, Inc, Mckesson Corporation, Nextgen Healthcare, Epic Systems Corporation, Philips Healthcare, Ge Healthcare, Medical Information Technology, Inc, Eclinical Works, Athenahealth, Inc, Advanced Data Systems Corporation, Optum (A Part Of Unitedhealth Group), Curemd, Hst Pathways, Surgical Information Systems, Llc, Wrs Health, Davlong Business Solutions, Compulink Healthcare Solutions, Amblitel, and Drchrono among others.
The study analyses North America ambulatory surgical centers market based on product and services, components, specialty, and geography. Ambulatory surgical centers market by product and services is segmented into clinical IT solutions, non-clinical healthcare IT solutions, and HCIT outsourcing services. The clinical IT solutions segment is likely to dominate the market. By components, the market is segmented into services, software, and hardware. Based on specialty, the market is segmented into single specialty and multi-specialty. The multi-specialty segment is likely to register fastest growth in years to come. Country wise, the study is comprised of the key countries such as the United States, Canada and Mexico.
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