US Outpatient Surgical Procedures Market

Capnography monitoring devices to witness high adoption due to the growing number of US Outpatient Surgical Procedures

The number of outpatient surgical procedures in the US is expected to grow from ~129 million procedures in 2018 to ~144 million procedures by 2023, at a CAGR of 2.1% during the forecast period. The growing number of outpatient surgeries is expected to increase the adoption of capnography monitoring devices in outpatient surgical departments in the US. The demand for capnography monitoring devices in outpatient surgical procedures is further supported by the increasing prevalence of target diseases (diabetes, CVDs, respiratory diseases, and sleep apnea) and the growing number of outpatient surgical procedures requiring general anesthesia and medium & high sedation.

The major types of outpatient surgical procedures in the US include dental surgeries, gastrointestinal surgeries, orthopedic surgeries, ophthalmic surgeries, ENT surgeries, obstetric/gynecological surgeries, cosmetic surgeries, cardiovascular surgeries, urologic surgeries, and other surgeries. By type, the dental surgeries segment accounted for the largest share of the market during the forecast period. However, the other surgeries segment is expected to grow at the highest CAGR during the forecast period.

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Currently, outpatient surgeries are performed in hospital outpatient departments (HOPDs), ambulatory surgical centers (ASCs), and physicians’ offices in the US. Certain recommendations have been approved in the US for conducting surgeries in outpatient departments. For example, in August 2017, the New York State Department of Health (NYS DOH) Office of Quality and Patient Safety adopted a new regulation that requires monitoring for adequate ventilation during procedures involving moderate sedation, deep sedation, and general anesthesia in office-based surgery settings. The Joint Commission has started assessing compliance with this regulation from January 31, 2018. In hospital settings, capnography is a routine practice followed during surgeries. Surgical procedures in outpatient departments (HOPDs, ASCs, and physicians’ offices) mandatorily require CO2 monitoring. This will increase the demand for capnography monitoring devices in outpatient surgical departments in the US.

Related Reports:

US Outpatient Surgical Procedures Market by Surgical Procedure Type (Gastrointestinal, Cardiovascular, Neurological, Orthopedic, Gynecologic, Integumentary, Ophthalmic), Patient Care Setting (Physician's Office, Hospital OPDs, ASCs) - US Forecast to 2023

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Report Code
MD 6867
Published ON
Jan, 2019
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