27-Jul-2022 | Zion Market Research
The global Ambulatory Surgical Centers IT Services market was worth USD 3,915.2 million in 2021 and is estimated to grow to USD 12,783.14 million by 2028, with a compound annual growth rate (CAGR) of approximately 21.80% over the forecast period. The report analyzes the Ambulatory Surgical Centers IT Services market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Ambulatory Surgical Centers IT Services market.
Ambulatory surgical centers (ASC), also referred to as outpatient surgery centers or same-day care centers, are healthcare facilities that offer same-day surgical care, including diagnostic and surgical (preventive) procedures. These clinics provide both diagnostic and preventative treatments. On the same day, ambulatory surgical facilities perform cataract surgery, gall bladder hernia repair, skin therapy, bladder removal, minor joint repair, and other procedures. Due to the growing number of Ambulatory Surgical Centers (ASCs) due to the shift of treatments from inpatient to outpatient settings and the growing need to manage the rising healthcare costs, there will likely be an increase in the need for IT services in ambulatory surgical centers. Owing to the rise in demand for ambulatory surgical centers IT services, the global ambulatory surgical centers IT services market is estimated to grow significantly during the forecast period.
The increasing usage of healthcare IT solutions such as practice management, patient portals, revenue cycle management, and clinical recording for better workflow management is further fueling the need for these services. The adoption of cutting-edge technologies in outpatient settings and rising inpatient costs are driving the number of procedures carried out in these institutions. Another significant factor propelling the global ambulatory surgical centers IT services market's growth is the move of healthcare IT services to the cloud. The use of cloud computing is expanding globally, which is transforming the healthcare industry. Innovations in healthcare IT are creating opportunities to lower healthcare costs through improving clinical outcomes and service delivery.
The global ambulatory surgical centers IT services market is segregated based on service type, solution, delivery mode, and region. Based on service type, the market is divided into EHR, clinical documentation, practice management, revenue cycle management, supply chain management, patient engagement and others. Among these, the EHR segment dominated the market in 2021. Based on the solution, the market is bifurcated into service and software. Over the forecast period, the service segment is expected to develop at a significant rate. Based on delivery mode, the market is classified into on-premise and cloud-based. The cloud-based segment dominated the market in 2021.
North America is expected to dominate the global ambulatory surgical centers IT services market in 2021 because ambulatory surgery centers, as well as services like Electronic Health Records (EHRs), are widely used and preferred for lowering the escalating healthcare expenses and the rising number of surgical procedures performed. ASCs also provide patients with a means of avoiding hospitals, especially in the wake of the pandemic crisis, and shield low-risk patients from potentially dangerous cases that might be present in a hospital. However, over the forecast period, the Asia Pacific regional market is expected to grow at a significant rate in 2021 due to the increase in a government initiative to advance healthcare IT services in the Asia Pacific region as well as the rising healthcare spending of a growing population in the wake of the COVID-19 pandemic. These factors are propelling the market for IT services provided by ambulatory surgical centers during the anticipated time.
Key players functioning in the global ambulatory surgical centers IT services market include Cerner corporation; eClinical Works; McKesson Corporation; NextGen Healthcare; Allscripts Healthcare Solutions Inc.; Medical Information Technology, Inc.; Surgical Information Systems, LLC; HST Pathways; CUREMD; and Epic Systems Corporation.
Browse the full “Ambulatory Surgical Centers IT Services Market By Service Type (EHR, Clinical Documentation, Practice Management, Revenue Cycle Management, Supply Chain Management, Patient Engagement and Others), By Solution (Software and Service), By Delivery Mode (On-Premise and Cloud-Based), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data and Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/ambulatory-surgical-centers-it-services-market
Global Ambulatory Surgical Centers IT Services market is segmented as follows:
By Service Type
By Delivery Mode
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