U.S. Orthopedic Ambulatory Surgical Centers Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
The U.S. Orthopedic Ambulatory Surgical Centers Market size will grow at 3.8% CAGR during 2024-2032, driven by the growing aging population in the U.S. According to Pew Research in 2024, currently, there are almost 62 million adults aged 65 years and above in the U.S., making up 18% of the population. Older adults are more likely to require joint replacements, spine surgeries, and other orthopedic procedures. This demographic shift is fueling the expansion of orthopedic ASCs, as they offer a convenient and cost-effective alternative to traditional hospital-based surgeries, catering to the specific needs of the elderly population.
Innovations such as robotic-assisted surgery, enhanced imaging techniques, and minimally invasive surgical instruments are enabling more complex orthopedic procedures to be performed in outpatient settings. These technologies offer greater precision, reduced intraoperative complications, and shorter recovery times, making ASCs an increasingly attractive option for both patients and surgeons. The integration of advanced surgical tools not only improves patient outcomes but also boosts the efficiency and capacity of ASCs, driving further market growth.
The U.S. orthopedic ambulatory surgical centers industry is classified based on ownership, procedure, service, and region.
The corporation segment will grow rapidly through 2032, as corporate entities, including large healthcare organizations, private equity firms, and hospital systems, are increasingly investing in and acquiring orthopedic ASCs. Corporations are leveraging their resources to standardize processes, integrate advanced technologies, and implement best practices across their networks of ASCs. These efforts not only improve the quality of care but also help to reduce operational costs, making orthopedic surgeries more accessible and affordable for patients.
The spine segment will witness decent growth through 2032, owing to the increasing prevalence of spine-related conditions, such as degenerative disc disease, spinal stenosis, and herniated discs. Orthopedic ASCs are becoming the preferred choice for patients seeking spine procedures due to the reduced risk of infections, shorter recovery times, and lower costs compared to traditional hospital-based surgeries. Minimally invasive spine surgeries, such as lumbar decompressions, spinal fusions, and disc replacements, are increasingly being performed in orthopedic ASCs, thanks to advancements in surgical technology and anesthesia.
The multi-specialty segment of the U.S. orthopedic ASCs market will witness rapid growth through 2032, as it offers a wide range of surgical services beyond orthopedics. These centers provide patients with a comprehensive range of surgical options, including orthopedic, general surgery, urology, and pain management, all under one roof. The ability to offer multiple specialties allows ASCs to attract a broader patient base, increase case volumes, and improve financial performance. In the context of orthopedic care, multi-specialty ASCs are particularly advantageous, as they can accommodate complex cases that may require the expertise of multiple specialists.