Gastroenterology growth to outpace other specialties in global ASC market — 4 things to know

A Future Market Insights report found gastroenterology's growth will likely surpass other specialties within the global ASC market, according to Markets Insider.

Here are four things to know:

1. Through 2027, the GI sector is likely to increase at a 4.7 compound annual growth rate.

2. Across product types, multispecialty centers are likely to lead the market with an expected 65 percent market share by the end of 2017.

3. North America is likely to lead the market through 2027, with Western Europe trailing behind. These two sectors comprise 82 percent-plus of the market.

4. Factors driving growth include a growing drive to lower healthcare costs and more Medicare spending on ASCs.

More articles on gastroenterology:
GI center to know: Endoscopy Center of Delaware
New hires, chairmanships & more: 3 GI practices in the news
FDA approves virtual colonoscopy fecal tagging agent — 3 insights

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