Gastroenterology Ambulatory Surgery Center Market Expected to Reach USD 107.74 Billion by 2034, with Significant Growth in Minimally Invasive Procedures

According to the latest analysis by Market Research Future (MRFR), the Gastroenterology Ambulatory Surgery Center Market is expected to grow from USD 36.89 billion in 2024 to USD 107.74 billion by 2034, at a Compound Annual Growth Rate (CAGR) of 11.31% during the forecast period.

Market Overview

The Gastroenterology Ambulatory Surgery Center (ASC) Market is driven by advancements in medical technology, growing demand for outpatient care, and the increasing prevalence of gastrointestinal (GI) disorders. Gastroenterology ASCs offer cost-effective, convenient, and high-quality care for patients with GI issues, such as gastroesophageal reflux disease (GERD), peptic ulcers, and inflammatory bowel disease (IBD).

The shift towards minimally invasive procedures and the adoption of robotic-assisted surgery are helping fuel the market’s expansion. Furthermore, the increasing demand for bariatric and colorectal procedures is spurring further market growth. Telemedicine and remote monitoring technologies are also enhancing accessibility to GI care, adding new opportunities for growth in the market.

Market Scope

The market is segmented by procedure type, endoscopy type, imaging modality, patient population, level of care, and region. Among the procedure types, Gastrointestinal Endoscopy held the largest market share in 2023 and is expected to maintain dominance throughout the forecast period. As more patients seek outpatient options for GI issues, ASCs have become increasingly popular.

Technological advancements in endoscopic procedures, such as the development of advanced imaging systems and the use of artificial intelligence, are contributing to the growth of the Gastrointestinal Endoscopy segment. Colon and Rectal Surgery and Upper Gastrointestinal Surgery are also seeing strong growth driven by the rising prevalence of colorectal cancer and other GI conditions.

Regional Analysis

In 2023, North America held the largest market share, and this trend is expected to continue due to the high prevalence of chronic GI disorders and technological adoption. Europe is the second-largest market, with Germany, France, and the UK leading the way in ASC infrastructure. The Asia-Pacific (APAC) region is poised for significant growth due to increasing healthcare expenditures and rising rates of gastrointestinal diseases in China and India.

Key Market Drivers

1. Rising Prevalence of Gastrointestinal Diseases: The growing incidence of conditions like GERD, peptic ulcers, and IBD is driving demand for GI procedures.
2. Technological Advancements: Minimally invasive surgeries and robotic-assisted surgeries, which offer precise procedures with reduced recovery times, are propelling market growth.
3. Increase in Outpatient Surgery Demand: Outpatient surgery centers are becoming the preferred choice due to shorter recovery times, cost-effectiveness, and convenience.

Key Trends and Developments

• Robotic-Assisted Surgery: A growing trend in the market is the use of robotic-assisted surgeries for precision and better patient outcomes.
• Personalized Treatment Plans: With the integration of AI and advanced imaging, gastroenterology ASCs are increasingly offering personalized care plans for patients.
• Telemedicine: Remote consultations and follow-up care through telemedicine are enhancing patient access to GI services.

Key Players in the Gastroenterology Ambulatory Surgery Center Market

Leading players in the gastroenterology ASC market are actively focusing on expanding their geographical reach, investing in technological advancements, and acquiring smaller players. HCA Healthcare, Ambulatory Surgical Centers of America (ASCA), and Gastroenterology Consultants of Central Florida are key players. These companies focus on improving patient care and advancing their service offerings with the latest technologies.

Key Companies:

• HCA Healthcare
• Ambulatory Surgical Centers of America (ASCA)
• Gastroenterology Consultants of Central Florida
• Digestive Health Associates of Texas
• Gastroenterology Associates of New Jersey
• United Digestive

Market Segmentation

• Procedure Type: Gastrointestinal Endoscopy, Colon and Rectal Surgery, Upper Gastrointestinal Surgery, Laparoscopic Surgery, ERCP, and others.
• Endoscopy Type: Upper Endoscopy, Lower Endoscopy, Capsule Endoscopy, Wireless Capsule Endoscopy, Double-Balloon Endoscopy.
• Imaging Modality: Fluoroscopy, Ultrasound, MRI, CT.
• Patient Population: Adults, Children, Geriatric Patients.
• Level of Care: Same-Day Surgery, Observation, Inpatient.

Competitive Landscape

The competitive landscape in the Gastroenterology Ambulatory Surgery Center Market is fragmented, with several small and medium-sized players competing with large hospital networks. Strategic acquisitions, mergers, and technological partnerships are key strategies employed by major players to stay ahead in the market.

Recent Developments:

• UnitedHealth Group acquired Gastro Health in 2023, enhancing its gastroenterology service portfolio.
• HCA Healthcare partnered with Intuitive Surgical to expand its robotic-assisted surgery offerings.

Conclusion

The Gastroenterology Ambulatory Surgery Center Market is set for remarkable growth, driven by the increasing prevalence of GI disorders, advancements in medical technologies, and the shift towards outpatient surgery. As healthcare providers continue to adopt cutting-edge technologies and minimally invasive procedures, the market is poised to experience robust expansion over the coming years.

Related MRFR Reports 

• Dental Contouring Market
• Medical Radiation Shielding Market
• Aplastic Anemia Treatment Market
• Automated Analyzers Market
• Automated Microbiology Market
• Hysteroscopy Instrument Market
• Urodynamic Equipment Market
• Electroretinography Market