March 28, 2024

Ambulatory Surgical Centers IT Services Market Size to Hit US$ 14.2 Billion By 2027

The ambulatory surgical centers IT services market size accounted for US$ 4.1 billion in 2020 and is projected to hit around US$ 14.2 billion by 2027 and is anticipated to register a CAGR of 23.4% from 2021 to 2027, as per reports by market research and consulting organizations Nova One Advisor.

The report contains 150+ pages with detailed analysis. The report provides an in-depth analysis of the market size, share, emerging and current trends, future estimations, and key players.

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Report Coverage

Report ScopeDetails
Market SizeUSD  14.2 Billion by 2027
Growth RateCAGR of 23.4% From 2021 to 2027
Base Year2020
Forecast Period2021 to 2027
Historic Data2017 to 2020
Report coverageGrowth Factors, Revenue Status, Competitive Landscape,  and Future Trends
Segments CoveredService type, solution, delivery mode And Region
Regional ScopeNorth America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

Competition Landscape

In the final section of the research report, Nova One Advisor provided the global ambulatory surgical centers IT services market structure and a detailed competition landscape to provide a dashboard view of key players operating in the ambulatory surgical centers IT services market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.

Some of the major players in the ambulatory surgical centers IT services market include:

Cerner corporation; eClinical Works; McKesson Corporation; Medical Information Technology, Inc.; Surgical Information Systems, LLC; NextGen Healthcare; Allscripts Healthcare Solutions Inc.; HST Pathways; CUREMD; Epic Systems Corporation

Market Report Scope

This market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, the Middle East and Africa. This research report offers scenario and forecast (revenue/volume) and categorizes the market by key players and various segment. This report also studies global market prominence, competitive landscape, market share, growth rates market dynamics such as drivers, restraints and opportunities, and distributors and sales channels.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers a competitive scenario that comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Growth Factors:

The growing need for integrated services that help in improving patient care in Ambulatory Surgical Centers (ASCs) is positively impacting the growth. Furthermore, the growing number of outpatient surgical procedures coupled with the rising need to curb the increasing healthcare expenditure in these settings is further bolstering revenue growth over the forecast period.

Based on the service type, the EHR segment dominated the market with a revenue share of 27.8% in 2020. Factors contributing to the increase in demand include increasing adoption of healthcare IT solutions by ASCs for faster and better performance of healthcare processes, which helps improve the quality of healthcare delivery. On the other hand, the clinical documentation segment is expected to expand at the fastest CAGR over the forecast period.

In 2020, the service segment accounted for the highest revenue share, attributed to the shift of healthcare IT solutions toward cloud computing coupled with increasing utilization of IT solutions by ASCs to control growing administrative overheads and improve the efficiency of ambulatory services.

Based on delivery mode, the cloud-based segment dominated the market with a revenue share of 84.6% in 2020. The rapidly improving healthcare technology, changing reimbursement policies, and increasing number of procedures in ASCs have increased the use of cloud-based IT tools. These tools help to optimize clinical and non-clinical processes, which in turn is driving the demand for cloud-based solutions in the outpatient surgery space.

This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Ambulatory Surgical Centers IT Services market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Ambulatory Surgical Centers IT Services market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.

COVID-19 Impact Assessment on Market Landscape

The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.

Ambulatory Surgical Centers IT Services market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.

Market Segmentation

  • By Service Type Outlook
    • EHR
    • Clinical Documentation
    • Practice Management
    • Revenue Cycle Management
    • Supply Chain Management
    • Patient Engagement
    • Others
  • By Solution
    • Software
    • Service
  • By Delivery Mode
    • On-Premise
    • Cloud-Based

Regional Segmentation

– North America (U.S. and Canada)

 – Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
  • In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Most Asked Questions

  • What is the market size of the ambulatory surgical centers IT services market at the global level?
  • Which screen size is most preferred by the consumers of ambulatory surgical centers IT services?
  • Which mode of distribution channel is most preferred by the manufacturers of ambulatory surgical centers IT services?
  • Which is the preferred age group for targeting ambulatory surgical centers IT services for manufacturers?
  • Who are the major players operating in the global ambulatory surgical centers IT services market? What is the current market position of the key players? Who are the emerging players in this industry?
  • Who are the major distributors, traders, and dealers operating in the ambulatory surgical centers IT services market?
  • What the key factors driving, inhibiting the growth of the market, and what is the degree of impact of the drivers and restraints?
  • What is the impact of the regulations on the growth of the ambulatory surgical centers IT services market?
  • Which is the leading region/country for the growth of the market? What is the anticipated growth rate of the leading regions during the forecast period?
  • How are the emerging markets for ambulatory surgical centers IT services expected to perform in the coming years? How is the consumption pattern expected to evolve in the future?

Why should you invest in this report?

If you are aiming to enter the global ambulatory surgical centers IT services market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for ambulatory surgical centers IT services are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027, so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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TABLE OF CONTENT

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Ambulatory Surgical Centers IT Services Market, By Service

7.1.  Ambulatory Surgical Centers IT Services Market, By Service Type, 2020-2027

7.1.1.    EHR

7.1.1.1.        Market Revenue and Forecast (2016-2027)

7.1.2.    Clinical Documentation

7.1.2.1.        Market Revenue and Forecast (2016-2027)

7.1.3.    Practice Management

7.1.3.1.        Market Revenue and Forecast (2016-2027)

7.1.4.    Revenue Cycle Management

7.1.4.1.        Market Revenue and Forecast (2016-2027)

7.1.5.    Supply Chain Management

7.1.5.1.        Market Revenue and Forecast (2016-2027)

7.1.6.    Patient Engagement

7.1.6.1.        Market Revenue and Forecast (2016-2027)

Chapter 8.  Global Ambulatory Surgical Centers IT Services Market, By Solution

8.1.  Ambulatory Surgical Centers IT Services Market, By Solution, 2020-2027

8.1.1.    Software

8.1.1.1.        Market Revenue and Forecast (2016-2027)

8.1.2.    Service

8.1.2.1.        Market Revenue and Forecast (2016-2027)

Chapter 9.  Global Ambulatory Surgical Centers IT Services Market, By Delivery Mode

9.1.  Ambulatory Surgical Centers IT Services Market, By Delivery Mode, 2020-2027

9.1.1.    On-Premise

9.1.1.1.        Market Revenue and Forecast (2016-2027)

9.1.2.    Cloud-based

9.1.2.1.        Market Revenue and Forecast (2016-2027)

Chapter 10.      Global Ambulatory Surgical Centers IT Services Market, Regional Estimates and Trend Forecast

10.1.        North America

10.1.1.  Market Revenue and Forecast, By Service (2016-2027)

10.1.2.  Market Revenue and Forecast, By Solution (2016-2027)

10.1.3.  Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.1.4.  U.S.

10.1.4.1.      Market Revenue and Forecast, By Service (2016-2027)

10.1.4.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.1.4.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.1.5.  Rest of North America

10.1.5.1.      Market Revenue and Forecast, By Service (2016-2027)

10.1.5.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.1.5.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.2.        Europe

10.2.1.  Market Revenue and Forecast, By Service (2016-2027)

10.2.2.  Market Revenue and Forecast, By Solution (2016-2027)

10.2.3.  Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.2.4.  UK

10.2.4.1.      Market Revenue and Forecast, By Service (2016-2027)

10.2.4.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.2.4.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.2.5.  Germany

10.2.5.1.      Market Revenue and Forecast, By Service (2016-2027)

10.2.5.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.2.5.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.2.6.  France

10.2.6.1.      Market Revenue and Forecast, By Service (2016-2027)

10.2.6.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.2.6.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.2.7.  Rest of Europe

10.2.7.1.      Market Revenue and Forecast, By Service (2016-2027)

10.2.7.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.2.7.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.3.        APAC

10.3.1.  Market Revenue and Forecast, By Service (2016-2027)

10.3.2.  Market Revenue and Forecast, By Solution (2016-2027)

10.3.3.  Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.3.4.  India

10.3.4.1.      Market Revenue and Forecast, By Service (2016-2027)

10.3.4.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.3.4.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.3.5.  China

10.3.5.1.      Market Revenue and Forecast, By Service (2016-2027)

10.3.5.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.3.5.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.3.6.  Japan

10.3.6.1.      Market Revenue and Forecast, By Service (2016-2027)

10.3.6.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.3.6.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.3.7.  Rest of APAC

10.3.7.1.      Market Revenue and Forecast, By Service (2016-2027)

10.3.7.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.3.7.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.4.        MEA

10.4.1.  Market Revenue and Forecast, By Service (2016-2027)

10.4.2.  Market Revenue and Forecast, By Solution (2016-2027)

10.4.3.  Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.4.4.  GCC

10.4.4.1.      Market Revenue and Forecast, By Service (2016-2027)

10.4.4.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.4.4.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.4.5.  North Africa

10.4.5.1.      Market Revenue and Forecast, By Service (2016-2027)

10.4.5.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.4.5.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.4.6.  South Africa

10.4.6.1.      Market Revenue and Forecast, By Service (2016-2027)

10.4.6.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.4.6.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.4.7.  Rest of MEA

10.4.7.1.      Market Revenue and Forecast, By Service (2016-2027)

10.4.7.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.4.7.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.5.        Latin America

10.5.1.  Market Revenue and Forecast, By Service (2016-2027)

10.5.2.  Market Revenue and Forecast, By Solution (2016-2027)

10.5.3.  Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.5.4.  Brazil

10.5.4.1.      Market Revenue and Forecast, By Service (2016-2027)

10.5.4.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.5.4.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

10.5.5.  Rest of LATAM

10.5.5.1.      Market Revenue and Forecast, By Service (2016-2027)

10.5.5.2.      Market Revenue and Forecast, By Solution (2016-2027)

10.5.5.3.      Market Revenue and Forecast, By Delivery Mode (2016-2027)

Chapter 11.  Company Profiles

11.1.              Cerner Corporation

11.1.1.  Company Overview

11.1.2.  Product Offerings

11.1.3.  Financial Performance

11.1.4.  Recent Initiatives

11.2.              eClinical Works

11.2.1.  Company Overview

11.2.2.  Product Offerings

11.2.3.  Financial Performance

11.2.4.  Recent Initiatives

11.3.              McKesson Corporation

11.3.1.  Company Overview

11.3.2.  Product Offerings

11.3.3.  Financial Performance

11.3.4.  Recent Initiatives

11.4.              Medical Information Technology, Inc.

11.4.1.  Company Overview

11.4.2.  Product Offerings

11.4.3.  Financial Performance

11.4.4.  Recent Initiatives

11.5.              Surgical Information Systems, LLC

11.5.1.  Company Overview

11.5.2.  Product Offerings

11.5.3.  Financial Performance

11.5.4.  Recent Initiatives

11.6.              NextGen Healthcare

11.6.1.  Company Overview

11.6.2.  Product Offerings

11.6.3.  Financial Performance

11.6.4.  Recent Initiatives

11.7.              Allscripts Healthcare Solutions, Inc.

11.7.1.  Company Overview

11.7.2.  Product Offerings

11.7.3.  Financial Performance

11.7.4.  Recent Initiatives

11.8.              HST Pathways

11.8.1.  Company Overview

11.8.2.  Product Offerings

11.8.3.  Financial Performance

11.8.4.  Recent Initiatives

11.9.              CUREMD

11.9.1.  Company Overview

11.9.2.  Product Offerings

11.9.3.  Financial Performance

11.9.4.  Recent Initiatives

11.10.           Epic Systems Corporation

11.10.1.               Company Overview

11.10.2.               Product Offerings

11.10.3.               Financial Performance

11.10.4.               Recent Initiatives

11.11.           Athenahealth, Inc.

11.11.1.               Company Overview

11.11.2.               Product Offerings

11.11.3.               Financial Performance

11.11.4.               Recent Initiatives

11.12.           Optum

11.12.1.               Company Overview

11.12.2.               Product Offerings

11.12.3.               Financial Performance

11.12.4.               Recent Initiatives

11.13.           Quatris Health

11.13.1.               Company Overview

11.13.2.               Product Offerings

11.13.3.               Financial Performance

11.13.4.               Recent Initiatives

11.14.           Epic Systems Corporation

11.14.1.               Company Overview

11.14.2.               Product Offerings

11.14.3.               Financial Performance

11.14.4.               Recent Initiatives

Chapter 12.  Research Methodology

12.1.              Primary Research

12.2.              Secondary Research

12.3.              Assumptions

Chapter 13.  Appendix

13.1.              About Us

Glossary of Terms

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