“Global Ambulatory Surgery Centers IT Services Market to reach a market value of USD 21.35 Billion by 2031 growing at a CAGR of 16.5%”
The Global Ambulatory Surgery Centers IT Services Market size is expected to reach $21.35 billion by 2031, rising at a market growth of 16.5% CAGR during the forecast period.
The shift toward value-based care models has further accelerated the adoption of EHR/EMR solutions, as they integrate seamlessly with other IT systems, such as telehealth and practice management platforms. Additionally, advancements in cloud-based EHR/EMR systems have made them more affordable and scalable, allowing even smaller ASCs to benefit from improved clinical workflows and data-driven insights. Thus, the EHR/EMR segment procured 13% revenue share in the market in 2023. These systems enable ASCs to maintain comprehensive and accessible patient records, improving care coordination and decision-making.
The major strategies followed by the market participants are Partnership as the key developmental strategy to keep pace with the changing demands of end users. For instance, In September, 2024, HST Pathways and SYNERGEN Health have partnered to deliver integrated revenue cycle management solutions for ASCs, combining cloud-based software with AI-driven RCM services. The collaboration aims to enhance financial performance, streamline workflows, and improve patient-provider experiences. Additionally, In April, 2024, eClinicalWorks partners with American Medical Administrators (AMA) to implement cloud-based EHR, RCM, and AI-driven tools, streamlining operations, enhancing interoperability, and supporting AMA's value-based care model for improved efficiency, patient outcomes, and provider autonomy across its expanding network.
Based on the Analysis presented in the KBV Cardinal matrix; UnitedHealth Group, Inc. (Optum, Inc.) is the forerunners in the Ambulatory Surgery Centers IT Services Market. Companies such as Oracle Corporation (Cerner Corporation) and McKesson Corporation are some of the key innovators in Ambulatory Surgery Centers IT Services Market. In January, 2021, McKesson and HCA Healthcare plan a joint venture combining US Oncology Research and Sarah Cannon Research Institute to expand oncology clinical trials, accelerate drug development, and improve cancer treatment access, focusing on community providers and underserved patients.
The demand for outpatient surgeries has significantly risen in recent years, driven largely by minimally invasive surgical technique advancements. Compared to open procedures, these methods—like laparoscopic and robotic-assisted surgeries—require smaller incisions, which shorten recovery periods and lessen the risk of problems.
Additionally, IT services are also essential for regulatory paperwork and reporting. Many regulations require detailed reporting on patient outcomes, safety measures, and operational metrics. ASCs can produce precise and timely reports for regulatory bodies with the aid of IT systems that have automated reporting capabilities. Therefore, the pressure to comply with healthcare regulations like HIPAA and GDPR drives ASCs to adopt IT services that enhance data security, streamline reporting, and simplify compliance.
The adoption of IT systems in ASCs often involves substantial upfront financial investments, which can deter many centers from embracing advanced technology. These costs include purchasing software solutions such as Electronic Health Records (EHR), billing systems, telehealth platforms, and other essential IT tools tailored for efficient healthcare management. Hence, while IT systems have long-term benefits in cost savings, operational efficiency, and improved patient satisfaction, the steep initial expense remains a significant barrier, particularly for centers in rural or underserved areas.
The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Partnerships & Collaborations.
Based on service type, the market is bifurcated into software and services. The software segment garnered 60% revenue share in the market in 2023. These solutions help streamline administrative processes, enhance patient care, and ensure regulatory compliance, which are critical in today’s healthcare landscape.
On the basis of deployment, the market is classified into web/cloud based and on-premise. The on-premise segment recorded 25% revenue share in the market in 2023. This sustained interest is largely due to ASCs' desire for greater data security and compliance control. By keeping IT on-site, facilities can directly handle private patient data, guaranteeing compliance with strict regulations and reducing the danger of data breaches.
By product, the market is divided into revenue cycle management, supply chain management, EHR/EMR, patient engagement, practice management, and others. The revenue cycle management segment witnessed 47% revenue share in the market in 2023. With the growing complexity of healthcare billing, including reimbursement processes and regulatory compliance, RCM solutions are essential for minimizing claim denials, streamlining payment cycles, and reducing administrative burdens.
Free Valuable Insights: Global Ambulatory Surgery Centers IT Services Market size to reach USD 21.35 Billion by 2031
The Ambulatory Surgery Centers (ASC) IT Services Market is highly competitive, driven by advancements in healthcare technology and the rising demand for efficient, patient-centric solutions. Providers differentiate themselves through innovation, offering diverse services such as EHR integration, patient engagement tools, and revenue cycle management. Key attributes include scalability, ease of deployment, regulatory compliance, and data security. The market also emphasizes interoperability and cloud-based solutions, enabling seamless communication and improved workflow efficiency while reducing operational costs and enhancing patient care outcomes.
Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe segment recorded 26% revenue share in the market in 2023. European nations are using IT technologies more and more to improve patient care and expedite healthcare procedures.
| Report Attribute | Details |
|---|---|
| Market size value in 2023 | USD 6.36 Billion |
| Market size forecast in 2031 | USD 21.35 Billion |
| Base Year | 2023 |
| Historical Period | 2020 to 2022 |
| Forecast Period | 2024 to 2031 |
| Revenue Growth Rate | CAGR of 16.5% from 2024 to 2031 |
| Number of Pages | 242 |
| Number of Tables | 363 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Market Share Analysis, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Service Type, Deployment, Product, Region |
| Country scope |
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| Companies Included | Oracle Corporation (Cerner Corporation), McKesson Corporation, GE HealthCare Technologies, Inc., NEXTGEN HEALTHCARE, INC., Epic Systems Corporation, UnitedHealth Group, Inc. (Optum, Inc.), CureMD, HST Pathways, eClinical Works and athenahealth |
By Service Type
By Deployment
By Product
By Geography
The Market size is projected to reach USD 21.35 billion by 2031.
Increasing Demand for Outpatient Surgeries are driving the Market in coming years, however, Substantially High Initial Costs restraints the growth of the Market.
Oracle Corporation (Cerner Corporation), McKesson Corporation, GE HealthCare Technologies, Inc., NEXTGEN HEALTHCARE, INC., Epic Systems Corporation, UnitedHealth Group, Inc. (Optum, Inc.), CureMD, HST Pathways, eClinical Works and athenahealth
The expected CAGR of this Market is 16.5% from 2024 to 2031.
The Web/Cloud Based segment is leading the Market by Deployment in 2023; thereby, achieving a market value of $15.7 billion by 2031.
The North America region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $9.4 billion by 2031.
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