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
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
