Biological medications are booming, and the demand for biologics isn't expected to slow down anytime soon. The biologics market was valued at $264 billion in 2021 and is projected to more than double in eight years, reaching $596 billion by 2029, according to analysis from Data Bridge Market Research.

The proliferation of ambulatory surgery centers (ASCs) among private medical practices — including plastic surgery specialists — has been steadily rising for years. The volume of outpatient surgeries performed in ASCs grew 32% over a 12-year span, according to a Bain & Company report. The Covid-19 pandemic has accelerated the expansion of ASCs even further, and there are now estimated to be more than 11,000 ASCs across the U.S.