What you should know:
1. The report projects the North American ASC market to surpass $35 billion by 2024.
2. An increasing geriatric population and growing demand for minimally invasive surgery will drive market growth.
3. The physicians-only ASC segment was strong in 2017, accounting for more than 50 percent revenue share. Graphical Research attributed that strength to the lower cost care physician-run centers provide.
4. Single-specialty ASCs will grow at a 4.9 percent CAGR through 2024 and will continue to fuel business revenues through the projection period.
5. Graphical Research projects the market’s top players will condense and strengthen their market position.
More articles on improving performance:
Florida hospital closes ASC due to lack of specialists; may reopen in the fall: 4 key notes
6 trends and observations in ASC M&A
3 keys to a successful ASC model
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.