North America Market Statistics
Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. North America industry is poised to hold largest revenue share by 2036, owing to high availability of novel drugs for the acute otitis media treatment. After North America, the acute otitis media treatment market is then followed by Europe owing to the rising patient pool suffering from an ear infection in U.K., Germany, France, and other European countries.
Availability of generic drugs for acute otitis media treatment in India and China is the key factor behind the robust growth of the acute otitis media treatment market in Asia and the Pacific. The Middle East and Africa, and Latin America provide a less attractive segment for the acute otitis media treatment market anticipated to low medical facilities availability in this region. China, India, Brazil, and Russia are the emerging countries for the acute otitis media treatment market. Otitis media is a common and expensive disease with an estimated cost to the health care system in the U.S estimated at 3 to 4 billion dollars and to that of Canada at 600 million dollars per year.
Author Credits: Radhika Pawar
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