US ASC market to hit $84.1B by 2027 — 4 market insights

The U.S. ASC market could grow at a compound annual growth rate of 5.6 percent through 2027, reaching a value of $84.1 billion, according to a report by Coherent Market Insights.

Advertisement

What you should know:

1. Analysts estimate the market was valued at $54.2 billion in 2019.

2. The migration of surgeries from the inpatient to the outpatient setting, paired with an increased number of ASCs and heightened investment rate, will drive market growth through 2027.

3. Analysts also identified a growing number of single-specialty surgery centers as a growth factor. In 2017, there were 2,890 single-specialty ASCs in the U.S, according to a report from CMS.

4. Physician owners will continue to control the majority of ASCs in the U.S.

More articles on ASCs:
How CMS is handling the COVID-19 outbreak — 4 new measures
Arizona CRNA arrested for alleged narcotics theft at ASC, health system
ASCs will likely pick up more procedures when coronavirus subsides: 5 must-reads this week 

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

Advertisement

Next Up in ASC News

Advertisement

Comments are closed.