Asia-Pacific region to dominate ASC market through 2023 — 5 things to know

The ASC market is projected to grow through 2023, according to a research report titled, “Global Ambulatory Surgical Centers Market Outlook 2023.”

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Here are five things to know:

1. Through 2023, the Asia-Pacific region is expected to have the greatest growth and comprise the largest market share.

2. The Asia-Pacific region is expected to have a compound annual growth rate of 7.05 percent from 2015 to 2023.

3. North America is expected to also grow substantially due to more outpatient surgery centers and government regulation favoring outpatient surgery center growth.

4. Government initiatives aimed at filling a gap in medical facilities in developing countries’ remote areas will spur market growth.

5. The report lists the following companies as key market players, among others, in the ASC industry:
•    Dallas-based Tenet Healthcare
•    Nashville, Tenn.-based Hospital Corporation of America
•    Chicago-based United Surgical Partners International
•    Aspen Healthcare in Chicago

More articles on surgery centers:
16 benchmarks for ASC balance sheets — 2016
Providers oppose Advocate Sherman Hospital’s proposed $12.7M ASC — 6 takeaways
3 recent ASC acquisitions — November 4, 2016

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