Due to its cost-effective benefits and enhanced outcome of patients, Ambulatory Surgical Centers (ASC) are becoming popular across the world. There are basically three models of ASC and Office-based Labs is one the important amongst others. Freestanding and hospital-associated are the other models of ASC. Office-based labs model is also known as office-based interventional suits which are actually a facility set up by doctors at various office premise where they offer the service of same-day intervention. The surgeries are also performed at an office-based labs, set up by licensed doctors only if all the safety requirements are fulfilled. These safety requirements are well-equipped room and some level of anesthesia and service room.
Key Dynamics Offer Dashboard View of the Global Office-based Lab Market
Higher reimbursement, cost-effective benefits, and patient convenience are the three most important factors which are driving the growth of the global office-based lab market. There is a reduction in the cost of surgeries when they are performed at office-based labs. It has been observed that the cost of surgeries reduced up to 30%-40% when they are performed at office-based labs as it does not need extra cost for the stay in hospital. Apart from this, office-based labs are convenient and have quicker admission process, lesser chance of infection and greater customer satisfaction. All these factors are collectively driving the growth of global office-based lab market.
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By Modality Type
- Single Specialty
- Hybrid Lab
Key Players in the Market
Riceland Medical Center, Envision Healthcare, Riceland Medical Center, SCA, Texas Regional Medical Centers, Surgery Partners, National Cardiovascular Partners, Tenet Healthcare and HCA are some of the top players functioning in the global office-based lab market.
Among modality type segments, multispecialty is foretold to earn a remarkable share of the global office-based lab market. There is a wide array of services offered in multispecialty office-based labs, viz. embolization, thrombectomy, atherectomy, angioplasty and stenting, and diagnostic imaging.
Market Analysis by Regions and Countries
The Middle East and Africa (GCC Countries and Egypt.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia.)
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