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U.S. Electrosurgical Generators Market size exceeded USD 0.8 billion in 2019 and is estimated to grow at 7.7% CAGR from 2020 to 2026. The market is growing exponentially owing to increasing demand for minimally invasive surgeries.
Application of electrosurgical instruments in surgical procedures such as thermo-fusion, coagulation, cutting and devitalization will increase its adoption over the coming years. Moreover, rapidly growing geriatric population base and increasing prevalence of chronic diseases in the U.S. will further impact the market growth.
Report Attribute | Details |
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Base Year: | 2019 |
U.S. Electrosurgical Generators Market Size in 2019: | 0.8 Billion (USD) |
Forecast Period: | 2020 to 2026 |
Forecast Period 2020 to 2026 CAGR: | 7.7% |
2026 Value Projection: | 1.2 Billion (USD) |
Historical Data for: | 2015 to 2018 |
No. of Pages: | 72 |
Tables, Charts & Figures: | 38 |
Segments covered: | Type, Application and End-use |
Growth Drivers: |
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Pitfalls & Challenges: |
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Adoption of electrosurgical generators in the U.S. is increasing owing to the presence of developed healthcare facilities, growing demand for advanced treatments, and surge in the number of surgeries being performed each year. Furthermore, strong foothold of key market players in the country will prove beneficial for the market expansion.