ASC market to exceed $92B by 2024: 3 details

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The ASC market is predicted to reach more than $92 billion by 2024, according to a Global Market Insights report.

Here are three details:

1. The physician-only segment in the market is anticipated to experience a 4.9 percent compound annual growth rate through the forecast period.

2. Specifically, the orthopedic segment is predicted to experience a 5 percent CAGR during the forecast period.

3. The U.S. ASC market was valued at $25.5 billion in 2017. The continued growth is attributed to rising healthcare spending and adoption of minimally invasive treatment options.

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