Hospital-based surgery centers to hold 59.5% market share in ASC market: 8 things to know

The global ASC market is expanding rapidly, according to a Future Market Insights report.

Here are eight things to know:

1. By 2027, the market is expected to increase at a 4 percent compound annual growth rate.

2. The multispecialty centers segment is expected to hold a 65 percent market share by the end of 2017.

3. By 2027, the multispecialty center market is likely to total nearly $76.03 billion, increasing at a 4.4 percent compound annual growth rate.

4. In the end of 2017, the hospital-based ASC modality type will likely hold a 59.5 percent market share.

5. The hospital-based ASC modality type is likely to total $69.7 billion by 2027, increasing at a 4.4 percent compound annual growth rate.

6. By service type, the surgical services segment is anticipated to total $77.66 billion by the end of 2027.

7. From 2017 to 2027, the gastroenterology specialty area will increase at a 4.7 percent compound annual growth rate.

8. Companies operating in the market include Regent Surgical Health, AmSurg, Hospital Corporation of America, Tenet, Surgical Care Affiliates, Ambulatory Surgical Centers of America, Surgery Partners, Medical Facilities Corp., Healthway Medical Group and Community Health Systems.

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