On the basis of geographical analysis, the intraspinal abscess treatment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Europe is expected to account for largest revenue share by 2036, on the back of developing healthcare system, high disposable income of the individuals, and favorable health insurances available in developed countries, such as, the UK, Germany, France, Norway, and Others.
The market in the North America region is anticipated to gain the largest market share throughout the forecast period on account of increasing research activities for the development of new drugs, as it is a rare disease. Moreover, high healthcare expenditure is estimated to boost the market growth. According to the statistics by the World Bank, in 2018, the total healthcare expenditure of North America accounted for 16.415% of the total GDP.
Author Credits: Radhika Pawar
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