Advancements in technology and devices are a bigger driver of growth, as new technologies lead to more optimized outcomes, lower operational costs and higher efficiency, according to a July 11 report by Research and Markets.
Orthopedics has the largest market share out of ASC specialties, in part due to broader coverage and new surgery-related technologies.
The most common ownership type is ASCs owned by physicians, and the Southeast has the largest market share out of any region.
The market is expected to grow at a compound annual growth rate of 6% from 2024, the report 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.
