What is Global Day Surgery Market?
The Global Day Surgery Market is an expansive and rapidly evolving sector of the healthcare industry. It refers to the practice of performing surgical procedures that do not require an overnight hospital stay. These procedures, also known as outpatient or ambulatory surgeries, are becoming increasingly popular due to advancements in medical technology, anesthesia, and pain control. The market encompasses a wide range of surgical procedures, including minor surgical procedures and more complex operations. The growth of this market is driven by factors such as the increasing prevalence of chronic diseases, the aging global population, and the need to reduce healthcare costs. The Global Day Surgery Market is a vital component of the healthcare industry, offering efficient and cost-effective surgical care.
Gastrointestinal, Cardiovascular, Neurological, Orthopedic, Other in the Global Day Surgery Market:
The Global Day Surgery Market is segmented into various categories based on the type of surgery, including Gastrointestinal, Cardiovascular, Neurological, Orthopedic, and others. Gastrointestinal surgeries include procedures like endoscopies and colonoscopies, while cardiovascular surgeries encompass procedures such as angioplasty and pacemaker implantation. Neurological surgeries involve operations on the brain and spinal cord, and orthopedic surgeries include procedures like joint replacements and fracture repairs. Each of these segments has its unique market dynamics, influenced by factors such as disease prevalence, technological advancements, and healthcare policies. The "other" segment includes a variety of surgeries not classified under the main categories, further expanding the scope of the market.
Physician's Office, Hospital OPDs, ASCs in the Global Day Surgery Market:
The Global Day Surgery Market is utilized in various settings, including Physician's Offices, Hospital Outpatient Departments (OPDs), and Ambulatory Surgery Centers (ASCs). Physician's offices often perform minor surgeries, while Hospital OPDs and ASCs are equipped to handle more complex procedures. The choice of setting depends on several factors, including the complexity of the surgery, patient's health status, and cost considerations. The use of day surgeries has been shown to improve efficiency, reduce healthcare costs, and increase patient satisfaction. As such, the Global Day Surgery Market plays a crucial role in the overall healthcare system.
Global Day Surgery Market Outlook:
Looking at the market outlook, the Global Day Surgery Market was valued at a substantial US$ 304240 million in 2023. The market is projected to experience significant growth, reaching an estimated value of US$ 478410 million by 2030. This represents a Compound Annual Growth Rate (CAGR) of 6.6% during the forecast period from 2024 to 2030. This growth can be attributed to various factors, including advancements in medical technology, increasing patient preference for minimally invasive procedures, and the need to reduce healthcare costs. The Global Day Surgery Market is poised for substantial growth, offering numerous opportunities for healthcare providers, patients, and investors.
| Report Metric | Details |
| Report Name | Day Surgery Market |
| Accounted market size in 2023 | US$ 304240 million |
| Forecasted market size in 2030 | US$ 478410 million |
| CAGR | 6.6% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | Mayo Clinic, Massachusetts General Hospital, Mount Sinai Hospital, New York Presbyterian, University of Washington Medical Center, Cleveland Clinic, St Jude Children's Research Hospital, Johns Hopkins Medicine, University of Maryland Medical, Taipei Veterans General Hospital |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
