Minimally invasive surgeries will spur growth of the ambulatory surgical centers market, according to a Market Reports World analysis.
Here are five insights:
1. The market will witness growth through 2020.
2. The increasing mergers and acquisitions activity surrounding small practices will also spur market growth.
3. Unfavorable reimbursement will hinder market growth, however. Additionally, ASCs are in a competitive hospital landscape, making it difficult to maintain independence.
4. Nashville, Tenn.-based AmSurg; Addison, Texas-based United Surgical Partners International; Nashville, Tenn.-based Surgery Partners; and Deerfield, Ill.-based Surgical Care Affiliates are the market's dominant players.
5. Other key market players include:
• Envision Healthcare in Greenwood Village, Colo.
• Mednax in Sunrise, Fla.
• TeamHealth in Knoxville, Tenn.
• Tenet Healthcare in Dallas
• Hospital Corporation of America Healthcare in Nashville, Tenn.