Europe Ambulatory Surgical Centers Market

Europe Ambulatory Surgical Centers Market Size (2024 to 2029)

The market size for the ambulatory surgical centers in the European region is expected to be growing at a CAGR of 30.24% from 2024 to 2029 and worth USD 4.50 billion by 2029 from USD 1.20 billion in 2024.

Because they are prone to a range of chronic illnesses, the elderly population requires adequate care and management. As a result, over the forecast period, the expanding geriatric population is expected to positively impact the growth of the European ambulatory surgery centers market. Similarly, the market is growing as more minimally invasive treatments for improved patient management become available and in demand. In both industrialized and developing economies, it is one of the leading causes of disability and mortality. Therefore, the increasing number of cataract surgeries is likely to drive growth in the European ambulatory surgical center market over the forecast period.

The market for ambulatory surgical centers in Europe is growing at a rapid pace, thanks to rising demand for technological developments in surgical tools and equipment and surgeon discretion in equipment selection. However, rising healthcare prices constitute a significant source of concern for the industry, as they force many people to forego treatment, mainly surgical operations. As a result, healthcare practitioners have been forced to develop innovative ways to lower the cost of these therapies while maintaining high quality. In addition, key actors must look at the roadblocks that prevent cases from being transferred from hospitals to ASCs. This could be advantageous for ASCs who cannot exceed the required volume threshold to generate income.

However, high deployment costs and end-user reluctance to adopt new approaches are expected to impede overall market growth to some extent throughout the forecast period. A low physician-to-patient ratio is projected to provide a threat to the European ambulatory surgery centers market. Furthermore, the loss of out-of-network reimbursement is expected to hinder the market growth. This could be due to payor pressure on physicians and patients to use in-network providers for referrals and encounters.

Many countries instituted lockdown and postponed non-essential processes to minimize community transmission of the COVID-19 sickness. Unfortunately, this crucial step resulted in a considerable decrease in ambulatory visits, which initially slowed growth.

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

Europe Ambulatory Surgical Centers Market Analysis By Specialty

• Single Specialty

• Multi-specialty

Europe Ambulatory Surgical Centers Market Analysis By Component

• Service

• Software 

• Hardware

Europe Ambulatory Surgical Centers Market Analysis By Application

• Ophthalmology

• Orthopedics

• Gastroenterology

• Pain Management/Spinal Injections

• Plastic Surgery

 Europe Ambulatory Surgical Centers Market Analysis By Country

• UK

• France

• Spain

• Germany

• Italy

• Russia

• Sweden

• Denmark

• Switzerland

• Netherlands

• Turkey

• Czech Republic

• Rest of Europe

Regionally, the European ambulatory surgical centers market is estimated to account for a substantial role in the global market throughout the forecast period, owing to the growing number of ambulatory surgery centers in the continent. In addition, having additional healthcare professionals available at ASCs who can provide outstanding patient care would encourage regional expansion. Similarly, the growing elderly population, afflicted by several chronic ailments, will drive market expansion. During the forecast period, demand for ASCs would rise due to the rising prevalence of chronic diseases and the increasing number of procedures conducted each day.

Furthermore, healthcare costs have been gradually increasing, which is expected to influence the focus on ASCs. ASCs allow healthcare providers to reduce costs while maintaining a high quality of treatment. Robotic surgical systems are becoming more popular for challenging surgical procedures. ASCs are incorporating advanced visualization technology, which is predicted to drive overall market growth in the European ambulatory surgery centers market from 2022 to 2027.

The number of plastic surgeries conducted in the region each year quickly increases due to the growing trend of body shaping and the increasing number of cosmetic and aesthetic procedures. The International Association for Ambulatory Surgery (IAAS) reports that Germany, Italy, Greece, the Netherlands, and Spain do the most plastic surgeries each year, with ASCs accounting for over 40% of procedures.

KEY MARKET PLAYERS

Companies playing a promising role in the European ambulatory surgical centers market profiled in this report are Community Health Systems, Inc., Edward-Elmhurst Health, Envision Healthcare Corporation, Group Eifelhohen-Klinik AG, Healthway Medical Group, MEDNAX Services, Inc., NOVENA GLOBAL HEALTHCARE GROUP, INC., Prospect Medical Group, Quorum Health Corporation, and SurgCenter Development.