APAC’s electrosurgery market to advance amidst growing population demand
The global market is expected to reach $9.4b by 2029.
The Asia Pacific (APAC) region's electrosurgery market is expected to witness rapid growth until 2029.
A report by MarketsandMarkets revealed that the region’s market growth is fueled by its large and growing population, driving a notable demand for healthcare services, including surgical procedures.
Moreover, demand for advanced medical technologies, such as electrosurgical devices, is expected to grow continuously amidst a rising awareness of healthcare and the development of economies, contributing to the region’s market expansion.
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Meanwhile, in terms of revenue, the global electrosurgery market is projected to reach $9.4b within the forecast period at a compound annual growth rate (CAGR) of 6.4%.
According to the report, the market was estimated to be worth $6.9b this year.