The global demand for Outpatient Surgical Procedures Market is presumed to reach the market size of nearly USD 730.21 MN by 2028 from USD 412.52 MN in 2021 with a CAGR of 8.5% under the study period 2022 - 2028.
Outpatient surgical procedures, also known as same-day, ambulatory, or office-based surgery, offer patients the convenience and comfort of recovering at home while being less expensive. Outpatient surgical procedures are surgical procedure that does not require an overnight hospital stay or admission. Outpatient surgical procedures can take a few minutes or hours, and most are not for medical emergencies.
Market Dynamics
The outpatient surgical procedures market growth is mainly attributed to the increase in the number of diseases related to respiratory, cardiovascular and sleep apnea. Moreover, an increase in the number of outpatient surgical procedures requiring general anaesthesia, medium and high sedation, and the use of capnography monitoring devices, will aid market growth in the coming years. Furthermore, increased investment and initiatives by government and public health organizations and a shift in patient preference from hospitals to outpatient surgery centers, drive the market growth. The growing number of outpatient surgery centers is also driving market growth. In addition, the increasing prevalence of cancer, growth in the geriatric population, and technological advancements in surgical procedures fuel the market growth. However, the high cost of medical devices and shortage of surgeons is expected to restrain the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of outpatient surgical procedures. The growth and trends of outpatient surgical procedures industry provide a holistic approach to this study.
Market Segmentation
This section of the outpatient surgical procedures market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Gastrointestinal
- Cardiovascular
- Cosmetic
- Dental
- Urologic
- Gynecologic/Obstetric
- Ophthalmic
- ENT
- Orthopedic
- Other Surgeries
By Channel
- Hospital Outpatient Departments (HOPDs)
- Ambulatory Surgical Centers (ASCs)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Outpatient Surgical Procedures market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Outpatient Surgical Procedures Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the outpatient surgical procedures market include New York Presbyterian, Mount Sinai Hospital, Massachusetts General Hospital, University of Washington Medical Center, St Jude Children's Research Hospital, Cleveland Clinic, Mayo Clinic, Johns Hopkins Medicine, Taipei Veterans General Hospital, and University of Maryland Medical. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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