DUBLIN--(BUSINESS WIRE)--The "Ambulatory Surgical Centers Market by Product (EHR, Practice Management, Telehealth, Healthcare Analytics, PHM, Supply Chain Management, RCM, Surgical Planning, Quality Management), Specialty Type (Single, Multi-Specialty) - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The ambulatory surgical center IT solutions market is projected to reach USD 7.2 billion by 2025 from USD 2.1 billion in 2020, at a CAGR of 27.6% during the forecast period.
There is a growing inclination across the globe towards the adoption of healthcare IT technologies due to the increasing need to deliver quality care to patients while curtailing escalating healthcare costs. These robust IT solutions are designed to streamline workflow in healthcare systems, reduce expenses, and facilitate compliance with stringent regulatory guidelines.
By-products and services, the healthcare providers segment accounted for the largest share of the Ambulatory Surgical Centers market in 2018.
Based on products and services, the Ambulatory Surgical Centers market is segmented into healthcare provider solutions, healthcare payer solutions, and HCIT outsourcing services. In 2019, the healthcare providers segment accounted for the largest share of the Ambulatory Surgical Centers market. The need to control the increasing healthcare costs and improve the efficiency of healthcare services by reducing medical errors is a major driver that propels the demand for healthcare provider solutions.
By components, the services segment accounted for the largest market share in 2019.
Based on components, the Ambulatory Surgical Centers market is segmented into services, software, and hardware. The services segment accounted for the largest market share in 2018. This is due to the introduction of complex software, the need for integration and interoperability of software, the growing demand for consulting and outsourcing of various healthcare processes such as revenue cycle management, EHR management, and fraud detection.
By end-user, the healthcare providers segment accounted for the largest share of the Ambulatory Surgical Centers market in 2019.
Based on end-user, the Ambulatory Surgical Centers market is segmented into healthcare providers and healthcare payers. In 2018, the healthcare providers segment accounted for the largest share of the Ambulatory Surgical Centers market. This is attributed to government initiatives to improve the quality of patient care and the need to control growing healthcare costs & improve the efficiency of healthcare services.
Market Dynamics
Drivers
- Increasing Number of Ambulatory Surgical Centerss
- Need to Curtail Escalating Healthcare Costs
- Growing Use of It Solutions Among Ascs
Restraints
- Heavy Infrastructure Investments and High Cost of Deployment
Opportunities
- Growing Demand for Cloud-Based Solutions
- Shift Towards Patient-Centric Healthcare Delivery
Challenges
- Interoperability Issues
Companies Profiled
- Cerner Corporation
- Allscripts Healthcare Solutions, Inc.
- Mckesson Corporation
- Nextgen Healthcare
- Epic Systems Corporation
- Philips Healthcare
- GE Healthcare
- Medical Information Technology, Inc.
- Eclinical Works
- Athenahealth, Inc.
- Advanced Data Systems Corporation
- Optum (A Part of Unitedhealth Group)
- Curemd
- Hst Pathways
- Surgical Information Systems, Llc
- Wrs Health
- Davlong Business Solutions
- Compulink Healthcare Solutions
- Amblitel
- Drchrono
For more information about this report visit https://www.researchandmarkets.com/r/9jreq2
