India Ambulatory Surgical Centers Market to Grow with a CAGR of 6.25% through 2029
Increased focus
on outpatient care and growing burden of chronic diseases is expected to drive
the India Ambulatory Surgical Centers Market growth in the forecast period, 2025-2029.
According to
TechSci Research report, “India Ambulatory Surgical Centers Market -Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2029”,
the India Ambulatory Surgical Centers Market stood at USD 74.42 Million in
2023 and is anticipated to grow with a CAGR of 6.25% in the forecast period,
2025-2029. the increasing prevalence of chronic diseases necessitating surgical
procedures is contributing to the demand. With the rise in conditions such as
cardiovascular diseases, cancer, and orthopedic disorders, the need for
efficient and accessible surgical facilities has become paramount.
Furthermore, the
growing focus on cost efficiency in healthcare is propelling the market.
Coupled with advancements in medical technology, ambulatory surgical centers
are able to provide high-quality care to patients. The increasing prevalence of
chronic diseases, the shift towards minimally invasive surgeries, the focus on
cost efficiency, advancements in medical technology, government initiatives,
and medical tourism all contribute to the expansion of this market.
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The Indian
Ambulatory Surgical Centers market is currently undergoing a significant
transformation, driven by shifts in healthcare delivery paradigms and
advancements in medical technology. With India's population surpassing 1.3
billion, there is a growing demand for efficient and cost-effective surgical
care. Ambulatory surgical centers, with their focus on providing outpatient
surgical services, are uniquely positioned to meet this rising demand. One of
the major drivers of this market's growth is the increasing prevalence of
chronic diseases such as diabetes, cardiovascular diseases, and cancer. These
conditions often require surgical intervention, and ambulatory surgical centers
offer a suitable venue for such procedures. By providing same-day surgical
care, these centers not only minimize hospital stays but also reduce healthcare
costs, making medical care more accessible to a larger portion of the
population.
Furthermore,
advancements in minimally invasive surgical procedures are fueling the
expansion of this market. As technology continues to advance, more complex
procedures can now be performed in ambulatory centers, further broadening their
scope and increasing their appeal. This includes robotic-assisted surgeries,
endoscopic procedures, and other innovative techniques that enhance precision
and patient outcomes. The government is also playing a significant role in
supporting the growth of these centers through favorable policies and
initiatives, recognizing their potential to alleviate the burden on India's
overcrowded hospitals. In addition to policy support, the government is
investing in infrastructure development to ensure the availability of
well-equipped ambulatory surgical centers across the country.
Overall, the
Indian Ambulatory Surgical Centers market is poised for continued growth,
driven by the need for efficient and accessible surgical care, advancements in
medical technology, and government support. These centers are revolutionizing
the healthcare landscape in India, offering a viable alternative to traditional
hospital-based surgeries and improving patient outcomes.
However, despite
their numerous benefits, ambulatory surgical centers are not evenly distributed
across India. Rural areas, in particular, lack access to these facilities,
highlighting the need for equitable distribution. Moreover, there is a
necessity to raise awareness among patients and healthcare providers about the
advantages of these centers. Addressing these challenges is crucial to fully
capitalize on the potential of the Indian Ambulatory Surgical Centers market. The
Indian Ambulatory Surgical Centers market presents substantial opportunities
for growth and development. Driven by demographic factors, technological
advancements, supportive government initiatives, and evolving healthcare needs
amidst the ongoing pandemic, this market is poised for significant expansion in
the coming years. However, to fully realize this potential, concerted efforts
are required to overcome existing barriers and ensure that the benefits of
these centers reach all corners of India.
The India Ambulatory
Surgical Centers Market is segmented into type, application, ownership,
specialty type, regional distribution, and company.
Based on
specialty type, multispecialty ambulatory surgical centers are expected to
dominate the market. These centers, equipped with state-of-the-art facilities
and a team of highly skilled medical professionals, offer a wide range of
medical specialties under one roof. This comprehensive approach to healthcare
not only ensures that patients receive top-notch medical care but also provides
them with the convenience of accessing multiple specialists in a single
location. In India's rapidly urbanizing society, where time is of the essence
and convenience is highly valued, the concept of multispecialty ambulatory
surgical centers has gained significant traction. Patients can save time and
effort by avoiding multiple visits to different specialists, making these
centers an attractive option for individuals with busy schedules.
Furthermore, the
demand for outpatient surgeries is on the rise in India. With advancements in
medical procedures and technology, many surgical procedures that once required
hospitalization can now be performed on an outpatient basis. Multispecialty
ambulatory surgical centers are at the forefront of this trend, offering a safe
and efficient environment for such surgeries. The growth of multispecialty
ambulatory surgical centers in India is driven by a combination of factors,
including the need for comprehensive care, the convenience of accessing
multiple specialists, and the increasing demand for outpatient surgeries. As
India continues to develop and urbanize, these centers are poised to play a
crucial role in meeting the evolving healthcare needs of the population.
Based on region,
The dominance of West India in the India Ambulatory Surgical Centers Market can
be attributed to several key factors. Cities in West India, particularly Mumbai
and Ahmedabad, have a high concentration of advanced medical facilities and
renowned physicians, offering a wide range of specialized treatments and
cutting-edge technology. This not only attracts patients from across the
country but also establishes West India as a medical hub in the region. The
region boasts a strong healthcare infrastructure with a high level of
public-private partnerships. This collaborative effort ensures the availability
of state-of-the-art equipment, well-trained medical staff, and streamlined
processes, ultimately facilitating the growth of ambulatory surgical centers.
The accessibility and quality of healthcare services in West India are further
enhanced by these partnerships, making it an attractive destination for
patients seeking efficient and reliable medical care.
The population's
increasing awareness of, and demand for, minimally invasive surgeries and
shorter hospital stays contribute significantly to the growth of the ambulatory
surgical centers market in West India. With advancements in medical technology
and the rising preference for outpatient procedures, patients are increasingly
opting for minimally invasive surgeries that offer faster recovery and reduced
hospitalization time. The ambulatory surgical centers in West India cater to
this demand by providing specialized services and facilities that ensure safe
and efficient procedures, attracting a larger patient base. The dominance of
West India in the India Ambulatory Surgical Centers Market is due to the
combination of advanced medical facilities, a strong healthcare infrastructure,
and the growing demand for minimally invasive surgeries. These factors position
West India as a leading region in the field of ambulatory surgical centers,
providing comprehensive and accessible healthcare services to patients.
Major companies
operating in India Ambulatory Surgical Centers Market are:
- Envision Healthcare Technologies
- Fortis Healthcare Ltd
- Apollo Health & Lifestyle Limited
- Care Hospitals Private Limited
- Max Healthcare Institute Limited
- Sankara Nethralaya Private Limited
- Vasan Healthcare Private Ltd
- Columbia Asia Hospitals Pvt. Ltd.
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“The future of
the Ambulatory Surgical Centers (ASCs) market in India appears promising, as
several factors contribute to its growth. The increased demand for minimally
invasive procedures has driven the need for ASCs, which specialize in providing
such services. This trend is further supported by a growing geriatric
population, as older individuals often require surgical interventions that can
be efficiently performed in ASCs. Moreover, advancements in medical technology
have played a crucial role in the success of ASCs. These centers are equipped
with state-of-the-art equipment and facilities, ensuring that patients receive
high-quality care. This, coupled with the cost-effectiveness of ASCs compared
to traditional hospital inpatient care, makes them an attractive option for
many individuals seeking affordable healthcare solutions. The ASCs market in
India is poised for growth, driven by the demand for minimally invasive
procedures, a growing geriatric population, advancements in medical technology,
and government initiatives. By addressing quality standards and regulatory
challenges, ASCs can effectively contribute to the healthcare landscape in
India, providing accessible and affordable surgical care.,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based management
consulting firm.
“India Ambulatory Surgical Centers Market By Type (Hospital-Based
Ambulatory Surgical Centers, Free-Standing Ambulatory Surgical Centres), By Application
(Orthopedics, Plastic Surgery, Ophthalmology, Gastroenterology, Neurology,
Others), By Ownership (Physician Only, Hospital Only, Corporation Only,
Physician & Hospital, Physician & Corporation, Hospital &
Corporation), By Specialty Type (Single, Multispecialty), By Region,
Competition, Forecast & Opportunities, 2019-2019F”, has evaluated the future growth
potential of India Ambulatory Surgical Centers Market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in India Ambulatory Surgical Centers Market.
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