North America Outpatient Surgical Procedures Market: Regional Market Analysis and Forecast (2024-2030), Trends, Dynamics, Segmentation by Type, Application and Region

North America Outpatient Surgical Procedures Market Overview:

The Outpatient surgery is a surgical procedure that does not require hospitalization or overnight care. The high rise in the demand for outpatient surgeries and the growing necessities for one day treatment procedures have raised the growth of the North America outpatient surgical procedures market. Patients all over the North America region in countries like the US, Mexica and Canada have huge health related demands.

 

Hence, the need for such outpatient surgical procedures have risen in the past few years, thereby leading to the growth of the North America Surgical Procedures market. Establishment of outpatient surgeries have risen in popularity over the last decade, owing to the significant benefits this technology provides over traditional treatment methods.

 

 

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Covid-19 pandemic on North America Outpatient Surgical Procedures Market:

The Covid-19 outbreak has led to the global economic downturn, affecting the pharmaceutical and biotechnological industries, especially in North America. This is expected to affect the growth of medical devices used for surgery and those that the method of outpatient surgery can be used to treat the disease. The COVID-19 pandemic is having a negative impact on the health care system, leading to a 50% to 70% decline in revenue from March 2020. Many small clinics, hospitals, and nursing homes have been shut down due to the pandemic. The resulting solution was a complete shutdown that resulted in significant financial losses for smaller hospitals and a reduction in surgical procedures during the forecast period. In addition, the cancellation of visas has led to the disruption of medical tourism and could affect the growth of the North America Outpatient Surgical Procedures market.

 

Outpatient Surgical Procedures Market Dynamics:

There are many advantages of outpatient surgery procedures compared to inpatient hospitalization, which include faster and more immediate recovery at home, reduced risk of infection, personal care, and much lower operating costs. The surgical procedure for an outpatient patient is best suited for healthy people who perform minor or intermediate procedures such as simple eye procedures, limited urologic, orthopaedics, ear procedures, nose and throat.

 

The patient can use all of these procedures at an affordable price, lower the risk of hospital infection, and faster recovery at home. Patients quickly embraced non-invasive surgical procedures worldwide as these surveys introduced the safest, most innovative method and quality of surgical intervention, increasing the growth rate of the North America Outpatient Surgical Procedures market.

 

Over the past few years, outpatient surgery procedures have become a preferred option for patients. This the choice is due to the advanced surgical equipment and equipment less common surgical techniques, and the better way in which patients, doctors and medical staff are involved in helping speed recovery at home.

 

According to the Centers for Today, Disease Control and Prevention (CDCP) about two-thirds of all surgical procedures are performed in outpatient surgery facilities. Many health experts predict that it is expected to increase dramatically in the next few decades.

 

Surgery procedures for outpatients are expected to witness high growth during prediction. The North American market for outpatient surgery procedures is strongly influenced by the growing the popularity of non-invasive surgical procedures, an increase in chronic diseases, an increase in the number of older people, and the need to reduce rising health care costs and increased investment in outpatient health facilities.

 

In addition, fewer residential hospitals, reducing health care costs due to the high trend of minimally invasive surgery, and technological advances in surgical equipment and sophisticated equipment is expected to accelerate the market growth in the forecast period. Also, progress in Laparoscopy and endoscopy have significantly accelerated market growth as they have reduced hospital stays. Additionally, a good government strategy to promote outpatient surgery and more business strategies by prominent players are expected to boost the market growth in the coming years. These features are expected to improve the market for surgical procedures without a predictive timeline.

 

For instance, In December 2018, Johnson & Johnson Medical Devices Companies announced that Ethicon had introduced a VISTASEAL Fibrin Sealant (Human) that could be used to help surgeons manage bleeding during the surgery process. It contains a mix of fibrinogen and thrombin, concentrated proteins found in human plasma. This, when applied to the bleeding, results in the formation of a rapid, sticky, hard tissue and has been shown to stop bleeding (stop bleeding), even in high-risk patients.

 

The example mentioned above are clear proof of how big players are dealing in the outpatient surgical procedures market. Hence, the growth of the outpatient surgical procedures market is significantly rising in the forecasted period. 

 

North America Outpatient Surgical Procedures Market Segment Analysis:

By Type, The Ophthalmic Type that is expected to dominate the North America Outpatient Surgical Procedures Market

Based on the type of the outpatient surgical procedure, the market for outpatient surgery is divided into abdominal, cardiovascular, neurological, orthopaedic, gynaecologic, integumentary and ophthalmic categories. The ophthalmic type is expected to have the largest market share at the time of forecasting. Growth may be due to a lower risk of surgery, which has led to an increase in the number of patients opting for cataract membrane surgery, especially in the US, where the latest technology is under use for all these medical surgeries.

 

By Application, Increasing Driving Surgical Procedures Part of OPD Hospital

Based on the patient care the system, the market for North America Outpatient Surgical Procedures is divided into physician offices, hospital OPDs, and ASCs. The OPD Type of the hospital is expected to be the most significant type at the time of prediction. The growing number of North America Outpatient Surgical Procedures performed in hospitals and the fact that these treatments are being replicated have contributed to partial growth.

 

 

North America Outpatient Surgical Procedures Market Regional Insights:

The North America Outpatient Surgical Procedures market is divided into countries such as US, Canada, Mexico and parts of Alaska and Greenland. North America is expected to respond with the largest market share of surgical procedures outside of 2024 to 2030. The number of surgical procedures that can be performed safely in an ambulance environment has increased in the region, furthering North America Outpatient Surgical Procedures market growth. As per the American Hospital Association, outpatient surgeries have increased from 57% in 1994 to 66% in 2014 in public hospitals in the United States. Hence, we US is expected to dominate the North America Outpatient Surgical Market in the coming forecasted period.

 

Objective:

The objective of this report is to present an in-depth analysis of the North America Outpatient Surgical Procedures Market to industry stakeholders. The report provides the recent trends in the North America Outpatient Surgical Procedures Market and how these factors will impact on new business investment and market enhancement during the forecast period. The report also provides an understanding of the potential of the North America Outpatient Surgical Procedures Market and the competitive structure of the market by analyzing market leaders, market fans, and regional players.

 

The quality and quantity data provided in the North America Outpatient Surgical Procedures Market report assist the readers to understand which market components, regions are expected to grow in value, market factors, and key opportunity areas, which will impact industry growth and predictable market growth with respect to time. The report includes the competitive status of key competitors in the industry and their recent developments in the North America Outpatient Surgical Procedures Market. The report also provides a comprehensive set of factors such as company size, market share, market growth, revenue, production capacity, and profits of key players in the North America Outpatient Surgical Procedures Market.

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Market. The report also analyses if the North America Outpatient Surgical Procedures Market is easy for a new player to gain an edge in the market, do they come and go in the market regularly if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political factors that help in analyzing how much a government can impact the Market. Economic variables assist in the calculating economic performance drivers that can affect the Market. Analyzing the impact of the overall environment and the impact of environmental concerns on the North America Outpatient Surgical Procedures Market is aided by legal factors.

 

North America Outpatient Surgical Procedures Market Scope:

North America Outpatient Surgical Procedures Market
Market Size in 2023	USD 99.38 Bn.
Market Size in 2030	USD 164.88 Bn.
CAGR (2024-2030)	7.5%
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	by Type Gastrointestinal Cardiovascular Neurological Orthopedic Gynecologic Integumentary Ophthalmic
	by Application Physician Office OPDs OPDs
Country Scope	United States Canada Mexico

 

North America Outpatient Surgical Procedures Market Key Players

• St Vincent s Hospital (US)
• St. Marie Hospital (US)
• New York Presbyterian (US)
• Cleveland Clinic (US)
• Mayo Clinic (US)
• University of Maryland Medical (US)
• Edgewood Health (Canada)
• CIHI (Canada)
• Cigna (Canada)
• Massachusetts General Hospital (US)
• University of Washington Medical Center (US)
• ehCOS (Mexico)
• Vigilanz Corporation (Mexico)
• Marana Healthcare (Mexico)
• PuMed (Mexico)