Ambulatory Surgery Centers in the US Industry Market Research Report from IBISWorld Has Been Updated

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Over the past five years, the Ambulatory Surgery Centers industry has grown rapidly as a result of improving macroeconomic conditions and increasing government emphasis on healthcare. For this reason, industry research firm IBISWorld has updated a report on the Ambulatory Surgery Centers industry in its growing industry report collection.

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Industry growth will accelerate due to legislation and improving economic conditions

The Ambulatory Surgery Centers industry comprises establishments that provide surgical and emergency care services on an outpatient basis. This includes the provision of services such as orthoscopic, cataract surgery and setting broken bones. Ambulatory Surgery Centers (ASCs) have specialized facilities and equipment ranging from operating and recovery rooms to anesthetics and X-ray equipment.

Over the past five years, the Ambulatory Surgery Centers (ASC) industry has grown rapidly as a result of improving macroeconomic conditions and increasing government emphasis on healthcare. Stronger job creation over the past five years has precipitated more individuals with access to private health insurance through employment or the ability to pay for external insurance. Additionally, the introduction of the Patient Protection and Affordable Care Act (PPACA) and increased government funding for Medicare and Medicaid has bolstered industry revenue. Additionally, ASC's have thrived because of efficient cost structures and the increasing ability of centers to treat patient needs. According to IBISWorld Industry Analyst Jeremy Edwards, "New technological advancements, such as laparoscopic surgery and improvements to anesthesia, have driven industry growth because patients can be processed more quickly than ever before." Consequently, industry revenue is forecast to expand markedly over the five years to 2014. Growth is expected to be exceptionally high in 2014, when revenue is forecast to increase substantially as a result of the PPACA and newly insured Americans.

The Ambulatory Surgery Centers industry operates with a low level of market share concentration. In 2014, the four largest ambulatory surgery centers are expected to generate a moderately low percentage of the industry's total revenue. However, the industry has increasingly consolidated, with merger and acquisition activity and the number of partnerships increasing rapidly over the five-year period. For example, according to Becker's ASC Review, three large industry-specific acquisitions occurred in 2011. In January of that year, Surgery Partners acquired NovaMed, while in September 2011 AmSurg acquired National Surgical Care. Moreover, in October 2011, United Surgical Partners International acquired Titan Health Corporation. Additionally, in 2014, AmSurg Corporation acquired Sheridan Healthcare for about $2.1 billion, making them the industry's largest player, while the announcement of the acquisition of Symbion by Surgery Partners will make the company one of the largest in the industry. "Many industry operators are also growing in size, due to new partnerships with acute-care and nursing facilities," says Edwards. These partnerships allow industry operators to treat patients for longer periods of time, presenting additional revenue opportunities.

Industry revenue growth is expected to accelerate over the next five years as a result of a stronger job market, which will cause more Americans to receive private healthcare. Additionally, the introduction of the PPACA will cause a long-term boost to the healthcare sector and ASCs as more individuals are covered for operations and have access to better healthcare, with industry revenue projected to significantly increase in 2015 as a result of newly covered Americans seeking more medical assistance. Furthermore, although adults aged 60 and older will remain the largest market for the industry, individuals aged 20 to 39 are expected to make up a larger proportion of industry revenue due to the introduction of wider healthcare such as Medicare and Medicaid expansion. Consequently, industry revenue is projected to grow markedly over the five years to 2019.

For more information, visit IBISWorld’s Ambulatory Surgery Centers industry in the US industry report page.

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IBISWorld industry Report Key Topics

This industry provides surgical services such as orthoscopic and cataract surgery. Industry operators also provide emergency care services, including setting broken bones, treating lacerations and tending to patients who have suffered injuries, due to accidents or trauma. Services are provided on an outpatient basis and firms are required to have specialized facilities, such as operating and recovery rooms, as well as pertinent equipment (i.e. anesthesia and X-ray machines).

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
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About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit or call 1-800-330-3772.

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