North America Market Forecasts
The North America fracture fixation products market is set to witness the largest revenue share of 33% by the end of 2036. The growth of this market can be ascribed on account of the fact that they have a highly skilled workforce, the existence of high-quality medical facilities, and the wide availability of healthcare insurance. About 6% of Americans purchase non-group health insurance, and 50% are insured by an employer, with 35% covered by Medicaid or Medicare in the year 2019. The existence of institutions and organizations that offer education programs on fractures and treatment options also aids the expansion of this sector in North America.
Europe Market Statistics
The fracture fixation products market in Europe is poised to hold a substantial revenue share during the time period between 2024 - 2036. Due to the increasing awareness of healthcare in emerging and developing countries, the market for fracture fixation products is growing at a faster rate in Europe. In addition, the German market for fracture fixation products accounted for the highest market share in Europe; while the United Kingdom market of fracture fixation products increased at a very high rate. In addition, there has been surging demand for rib fracture repair system in the region which is further expected to boost the growth of the market in Europe region.
Author Credits: Radhika Pawar
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