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 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.