The shift from inpatient to outpatient surgery is set to drive ASC market growth through 2026, according to the Health Industry Distributors Association's 2018 Ambulatory Surgery Center Market Report cited by Relias Media.
Four key takeaways:
1. The report predicts ASC outpatient procedure volumes will grow 16 percent through 2026.
2. ASCs can expect to see opportunities for growth in spine, orthopedic and prostate cancer procedures.
3. Thirty-five percent of ASC providers said they experienced an increase in surgical volumes in 2017, and 58 percent anticipated an increase in 2018.
4. The report predicts the ASC market will grow from $36 billion to $40 billion between 2018 and 2020.