ASC market expected to reach $110B by 2027

The ASC market is expected to grow at a compound annual growth rate of 5.1 percent between 2022 and 2027, reaching a market value of $110.4 billion, IndustryARC reported May 6. 

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This growth rate is attributed to the convenience of same-day procedures to patients, the lower cost of outpatient surgeries compared to in-hospital procedures, and quickness of treatments. An aging population and rising hospital prices will also contribute to the sector’s growth, IndustryARC said.

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 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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