20% growth in outpatient cardiovascular surgery expected by mid-2020s + 4 more ASC trends

The ASC market is currently estimated at $30 billion to $40 billion, according to a Nov. 29 report from Research and Markets.

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Five things to know:

1. Cardiovascular procedures in outpatient settings are estimated to grow from 10 percent to 30 to 35 percent by the mid-2020s.

2. ASC surgical procedure claims declined nearly 10 percent in 2020, largely because of the COVID-19 pandemic.

3. Total joint replacements at ASCs are expected to grow 95 percent over the next five years.

4. Nearly half of ASC leaders expect revenues to increase in 2021. 

5. A nonemergent surgery backlog is expected to continue through 2023.

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

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