Future Market insights anticipates the global ASC market will grow at a 3.9 percent compound annual growth rate, reaching $108.5 billion by 2026.
Here are three things to know:
1. In 2015, the market was estimated at $71.4 billion. North America held the largest share of the market, 52.3 percent. Throughout the forecast period, North America is expected to continue dominating the market.
2. The hospital-based ASC segment is predicted to experience the highest growth rate in terms of value in the global market. Currently, the gastrointestinal specialty area segment also sees a higher revenue share.
3. An increasing demand for quick, cost-effective and high-quality medical services will continue to drive the market throughout the forecast period. Additionally, the need for repetitive diagnosis during treatment is predicted to drive market growth.