5 market trends for outpatient surgical centers to be monitored in the coming years

The increasing availability of surgical devices Advanced will propel outpatient surgical center market during 2018-2024. The growing awareness of the mbades about the benefits of various surgical devices in the health field will also help boost the industry's prospects in the coming years.

Five prevalent trends in the outpatient surgical center market:

• It is estimated that in 2017, physician ownership dominated the outpatient surgery market, accounting for nearly 50% of the overall share. The increasing availability of professional health care providers and the quality of service they provide in their clinics will increase the demand for products in the coming years.
• In 2017, the size of the ambulatory surgery center industry was USD 12 billion. The increasing prevalence of eye-related health problems, including cataracts and night blindness, would fuel demand for the product.
• Reliable sources claim that single specialty centers account for 50% of ambulatory surgery centers' market share. Unique specialty centers offer personalized treatments to patients whenever needed. In fact, the needs of these centers have increased to treat chronic diseases, including ophthalmic diseases, minor injuries and diabetes.
• The multispecialized outpatient surgical center industry will record a CAGR of about 4.8% over 2018-2024, due to the rise in health spending to perform surgical operations, reports say. Reorienting patients to minimally invasive therapies is also expected to strengthen the growth of the industry.
• In 2017, Germany held 25% of the market shares of outpatient surgery centers in Europe. The growing need for surgeries for skin and eye diseases is expected to stimulate demand for products in this region.

The competitive spectrum of outpatient surgery centers is very diverse, including health care providers such as Physicians Endoscopy, AmSurg, Ambulatory Surgical. Centers of America LLC, Surgical Affiliates, Hospital Companies of America, ASD Management, Proliance Surgeons, Covenant Surgical Partners, SurgCenter Development, Tenet Healthcare, Surgery Partners, and Regent Surgical Health.