Electrosurgery market to surge to $5.2B by 2021 — 5 notes

A MarketsandMarkets report found the electrosurgery market is likely to expand through 2021.

Advertisement

Here are five notes;

1. By 2021, the report projects the market will hit $5.17 billion.

2. The market will increase at a compound annual growth rate of 3.9 percent from 2016 to 2021.

3. Technological advancements, more ASCs, increasing demand for medical, aesthetic and plastic surgeries and more minimally invasive surgeries are fueling market growth.

4. Factors hindering market growth include risks linked to electrosurgical procedures, product recalls and U.S. healthcare reform.

5. North America held the largest market share in 2015, followed by Europe.

More articles on healthcare:
Democrats seek to delay Rep. Tom Price’s confirmation as HHS head
33% of US counties offer just 1 marketplace payer in 2017: 4 observations
Lancaster Gastroenterology, RGAL Gastroenterology Specialists merge: 5 key facts

Advertisement

Next Up in ASC News

Advertisement

Comments are closed.