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. 

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.

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