"US Surgical Procedures Market by Type (Gastrointestinal, Cardiovascular, Dental, Cosmetic, Urologic, Ophthalmic, Orthopedic, ENT, Gynecologic Surgical Procedures), Channel (Physician Offices, Hospitals, (Inpatient, Outpatient), ASC) - Forecast to 2027", published by MarketsandMarkets™, the US surgical procedures market is projected to reach 122,881.5 thousand procedures by 2027 from 105,814.5 thousand procedures in 2022, at a CAGR of 3.0% during the forecast period.
Browse in-depth TOC on "US Surgical
Procedures Market"
20 – Tables
25 – Figures
79 – Pages
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Scope of the Report:
The study categorizes the US Surgical Procedures Market based on
type and channel.
US Surgical Procedures Market, by
Type
- Gastrointestinal Surgical
Procedures
- Cardiovascular Surgical Procedures
- Dental Surgical Procedures
- Cosmetic Surgical Procedures
- Urologic Surgical Procedures
- Ophthalmic Surgical Procedures
- Orthopedic Surgical Procedures
- ENT Surgical Procedures
- Obstetric/Gynecologic Surgical
Procedures
- Other Surgical Procedures
Note: Other surgical procedures include procedures targeting the
nervous system, the endocrine system, and the integumentary system.
US Surgical Procedures Market, by
Channel
- Physician Offices
- Hospitals
- Inpatient Surgeries
- Outpatient Surgeries
- Ambulatory Surgery Centre
The growth of the US surgical procedures market is largely
driven by the growing prevalence of chronic diseases, the rising geriatric
population, and increased investment in health facilities. On the other hand,
stringent regulations and the high cost of medical devices are major restraints
in the market.
The emergence of the COVID-19 pandemic has changed the delivery
of medical care. The increased pressure due to the growing rate of
hospitalization of COVID-19 patients led to the re-profiling of many hospitals
and departments for treating patients with COVID-19. Consequently, many
elective surgeries were canceled or postponed worldwide to reserve or redirect
the available limited capacities and resources (like hospital beds and patient
care professionals) toward COVID-19 patient care and to reduce the spread of
the virus.
Moreover, from 2019–2020, the procedural volume for all
surgeries declined substantially, but it is expected to increase post-pandemic
2021–2022 due to the backlog emerging from this delay. According to a study
by Stanford Medicine, after the March 2020 COVID-19 shutdown, nonurgent
surgery rates dropped, but within months they bounced back and remained at pre-pandemic
levels. There was a 48% decrease in surgical volume during the seven weeks
after mid-March when the CMS recommended that hospitals minimize, postpone, or
cancel elective surgeries. By July 2020, the
nation's hospitals had ramped up surgical operations with improved safety
protocols, and surgery rates began to return to their 2019 levels. By the end
of the year, the total volume of surgeries was only 10% below the 2019 volume.
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In 2021, the dental surgical procedures segment accounted for
the largest share of this market.
Based on type, the US surgical procedures market is segmented
into gastrointestinal surgical procedures, cardiovascular surgical procedures,
dental surgical procedures, cosmetic surgical procedures, urologic surgical
procedures, ophthalmic surgical procedures, orthopedic surgical procedures, ENT
surgical procedures, obstetric/gynecologic surgical procedures, and other
surgical procedures. The share of dental surgical procedures segment can be
attributed to the increasing awareness of oral care, increasing prevalence of
oral diseases, and rising aging population and the associated teeth loss.
Common types of dental surgery include:
Root canal: Root canals are the most common type of dental
surgery. According to the School of Dental Medicine (US), more than 15 million
root canals are performed every year in the US. According to the American
Association of Endodontists, root canals have a success rate of over 95%, and,
in most cases, they last a lifetime.
Dental implants: Dental implants replace teeth due to decay,
disease, oral cancer, or several causes like smoking or alcoholism.
In 2021, the ambulatory surgery center segment accounted for the
largest share of this market.
Based on channel, the US surgical procedures market is segmented
into physician offices, hospitals, and ambulatory surgery centers. The
ambulatory surgery center segment is estimated to grow at the highest CAGR
during the forecast period. The preference for ASCs has risen due to their
limited hospitalization time, lower costs than hospital outpatient departments
(HOPDs), effective postoperative care, limited risk of disease relapse, and
faster patient recovery.
The inpatient surgeries segment accounted for the largest share
of the US surgical procedures market for hospitals in 2021.
Hospitals are subsegmented into inpatient surgeries and
outpatient surgeries. The inpatient surgeries segment accounted the largest
share of the US surgical procedures market for hospitals in 2021. Market growth
of this segment is attributed to the preference for robotic-assisted surgery,
the surge in the geriatric population, the growing incidence of target
conditions (such as cardiovascular diseases, neurological disorders, and
traumatic injuries), and the introduction of advanced surgical technologies.
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