Here are five numbers shaping the colonoscopy market right now:
$23.7 billion –– The total cost of screening colonoscopies in the U.S. in 2021.
$925 –– The average cost of a colonoscopy in an ASC. Colonoscopies cost an average $1,224 in hospital outpatient departments.
83% — The accuracy of detection of colorectal cancer by a blood test recently approved by the FDA.
1,630 — The projected national shortage of gastroenterologists by 2025.
8% — The expected growth rate of colon cancer among men in the U.S in 2024. The expected growth rate among women is 7%.