APAC Ambulatory Surgical Centers Market

APAC Ambulatory Surgical Centers Market Size (2024 to 2029)

The ambulatory surgical centers market in the APAC region is forecasted to grow at a CAGR of 33.63% from 2024 to 2029 and will be worth USD 3.99 billion by 2029 from USD 0.94 billion in 2024.

Growing aging people in the Asia-Pacific countries is increasing the need for ambulatory surgical centers in this region, which is anticipated to boost the growth of the APAC ASCs market. Because of lower mortality, more individuals are living longer. By 2050, one in four Asia Pacific individuals will be above 60. Ambulatory surgery centers (ASCs) provide more delivery care and low costs compared to hospitals. The increasing use of cataract surgery in ambulatory surgical centers drives the market forward. With the increase in age, cataract surgery is increasing for restoring focusing power.

The prevalence of chronic diseases is significantly growing in APAC countries such as India and is anticipated to propel market growth. In 2019, 75 million people above 60 in India suffered from some regular. Chronic diseases such as diabetes, cardiovascular disease, and high blood pressure are the main reasons for premature death among the elderly population in India. In China, nearly 300 million people are suffering from cardiovascular diseases, per China’s National Center for Cardiovascular Disease 2019. The prevalence of chronic diseases is the highest in Kerala and then in Andhra Pradesh. In India, one in five people dies due to chronic disease, which drives ambulatory surgical centers.

Y-O-Y rise in the minimal invasion surgeries is another major factor driving the ASCs market forward in Asia-Pacific. In rural areas, ASCs are also popular since they give patients access to procedures that are often only available in larger, urban hospitals. Most of the minimally invasive surgeries are done in Ambulatory surgery centers. The minor holes are made for minimally invasive procedures and possibly for the body to heal more quickly. Therefore, these surgeries do not require more time to heal wounds.

However, high costs associated with the maintenance, lack of awareness regarding the ASCs in rural areas, and lack of skilled professionals hamper the ASCs market growth in Asia-Pacific. In addition, an increasing number of patients opting for surgeries in hospitals due to false assumptions about ASCs further hinders the market growth. Furthermore, the lack of patient safety in some areas due to the lack of well-equipped infrastructure in the ambulatory surgical centers is also impeding the development of the ASCs market in this region.

This research report on the APAC ambulatory surgical centers market has been segmented and sub-segmented into the following categories.

APAC Ambulatory Surgical Centers Market Analysis By Specialty

• Single Specialty
• Multi-specialty

APAC Ambulatory Surgical Centers Market Analysis By Component

• Service
• Software 
• Hardware

APAC Ambulatory Surgical Centers Market Analysis By Application

• Ophthalmology
• Orthopedics
• Gastroenterology
• Pain Management/Spinal Injections
• Plastic Surgery

APAC Ambulatory Surgical Centers Market Analysis By Country

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

Geographically, across the globe, the APAC region is growing the fastest for ambulatory surgical centers. Rising healthcare prices also increase the demand for ambulatory surgical centers in this region. Due to increasing hospital expenditure for surgeries maximums number of people cannot afford to undergo surgery in a hospital. As a result, this ambulatory surgical center is more beneficial for those people with less cost and less time of hospital stay.

The Chinese ASCs market accounted for a considerable share in the APAC region in 2023. The increasing fastest aging population in China results in increased healthcare facilities. Some of the surgery include short hospital stays and decreased risk of hospital-associated infections, which are preferred in ambulatory surgery centers. The development of advanced medical devices for ambulatory surgical centers for the advancement in surgeries used by surgeons and increasing research and development in surgical products drive the market in this region. The Chinese government is more focused on approving medical devices used in ambulatory surgery centers for patients’ health.

In Asia-Pacific, the Indian market is anticipated to showcase the fastest growth during the forecast period. In India, there is a shortage of health care infrastructure and unavailability of surgeons; the ASC plays an essential role in providing surgery-related services. In addition, increasing outpatient surgeries increase the demand in this region. Outpatient surgeries mean the patient is discharged on the same day after the completion of surgery in these ambulatory surgical centers. In India, outpatient surgery centers have increased in the next ten years, which increases ambulatory surgery centers, which provides the opportunity for market growth. In addition, the ASC is adjustments to large hospitals, allowing patients to have general surgery, obstetrics and gynecology, orthopedics, pediatric surgery, urology, ophthalmology, ENT, plastic and cosmetic surgery, and gastrointestinal procedure to reduce hospital-acquired infections.

KEY MARKET PLAYERS

Affinity Surgery Centre, Vasan Eye Care, Centre for Sight, RG Stone, Japanese Red Cross Medical Center, University of Tokyo Hospitals, Ambulatory Endoscopy Centre (AEC), Aptus Surgery Centre, Novena Surgery, Asan Medical Center, Durango Outpatient Surgery Center, Valley Ambulatory Surgery Center are some of the prominent companies operating in the APAC ambulatory surgical centers market.