Although a shrinking global economy is impacting the ASC market, 360MarketUpdates believes the market has grown at a compound annual growth rate of 5.01 percent since 2013.
Here's what you should know:
1. Market analysts estimate the global market was worth $65 billion in 2013, reaching $72 billion in 2016. Analysts predict the global ASC market will grow to $86 billion by 2021.
2. Leading ASC companies include AmSurg, Tenet Healthcare, HCA, Mednax, TeamHealth, Surgical Care Affiliates, Surgery Partners, Novena and SurgCenter Development.
3. In terms of market share, the North American region leads the global ASC market followed by South America, Asia and Europe.