Strategic Surgical Procedures Market Insights: Evaluating Key Future Trends, Research Methods, and Competitor Dynamics through 2028

US surgical procedures market is projected to grow at CAGR of 3.4% from 2023 to 2028

🔥 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 + 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐓𝐎𝐂 ➡️ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1866589

The US surgical procedures market is projected to reach 1,27,748.5 thousand procedures by 2028 from 1,08,275.5 thousand procedures in 2023, at a CAGR of 3.4% during the forecast period. Growth in the US surgical procedures market is mainly attributed to the rapidly ageing population leading to a higher demand for surgical interventions, the increasing prevalence of chronic diseases, and the advancements in surgical techniques propelled by technological innovations. Conversely, complications associated with surgical procedures, dearth of surgeons and surgical errors are expected to challenge market growth to a certain extent.

Ophthalmic surgical procedures segment is projected to grow at the highest CAGR during the forecast period

Based on type, the US surgical procedures market is segmented into dental, cosmetic, urologic, gastrointestinal, ENT, ophthalmic, obstetric/gynecologic, cardiovascular, orthopedic and other surgical procedures. In 2022, the dental surgical procedures segment accounted for the largest share of this market. The large share can be attributed to the increasing awareness of oral care, increasing prevalence of oral diseases, as well as rising ageing population and the associated teeth loss.

The ophthalmic surgical procedures segment is estimated to grow at the highest CAGR during the forecast period. According to the US CDC, ~12 million people 40 years and over in the US have vision impairment, including three million who have vision impairment after correction, one million who are blind, and eight million who have vision impairment due to uncorrected refractive error. The growth of the segment can be attributed to the prevalence of various ophthalmic disorders such as glaucoma, cataract, and diabetic retinopathy, especially among the geriatric population.

Ambulatory surgery centers segment is estimated to witness fastest growth during the forecast period

Based on channel, the US surgical procedures market is segmented into physician offices, hospitals, and ambulatory surgery centers. The hospitals segment is further bifurcated into inpatient and outpatient surgeries. In 2022, the physician offices segment accounted for the largest share of this market followed by hospitals and ambulatory surgery centers. The ambulatory surgery centerssegment is estimated to grow at the highest CAGR during the forecast period. The preference for ASCs has risen due to numerous factors including lower costs than hospital outpatient departments (HOPDs), effective postoperative care, limited hospitalization time, limited risk of disease relapse, and faster patient recovery. A review of commercial medical claims published by the ASCA also reported that healthcare costs in the US were reduced by USD 38 billion each year due to the availability of ASCs as an alternative. The potential for cost reductions, the growing patient population, and the rising demand for better and quicker care among patients is expected to drive growth in ASCs.

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𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞:
This report studies the US surgical procedures market based on type and channel. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth. The report analyzes the US surgical procedures market and aims at estimating the surgical procedures volume and future growth potential of this market based on various segments and sub-segments.

𝐊𝐞𝐲 𝐛𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐛𝐮𝐲𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭:
The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a more significant share of the market. Firms purchasing the report could use one or any combination of the below-mentioned strategies to strengthen their position in the market.

This release was published on openPR.