Ambulatory Surgery Centers in the US Industry Market Research Report Now Available from IBISWorld
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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.
According to IBISWorld Industry Analyst
The Ambulatory Surgery Centers industry operates with a low level of market share concentration. In 2013, the four largest ambulatory surgery centers (i.e.
Looking ahead, “industry growth is expected to accelerate over the next five years because of legislation and improving economic conditions,” says Edwards. The introduction of the Patient Protection and Affordable Care Act (PPACA) will extend healthcare to a number of Americans, which will hasten increasing demand for ASCs. The introduction of the PPACA in 2014 is forecast to boost revenue by a significant amount in 2014 alone. 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. Additionally, a higher number of Americans are also expected to have access to healthcare through employer plans, as the national unemployment rate falls. Consequently, industry revenue is expected to grow over the five years through 2018.
For more information, visit IBISWorld’s Ambulatory Surgery Centers in the US industry report page.
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The Ambulatory Surgery Centers 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).
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