North American Market Forecast
North America industry is estimated to account for largest revenue share by 2037. The market in the North America region is estimated to witness remarkable growth over the forecast period on the back of a higher prevalence of minimally invasive medical procedures. Furthermore, the presence of major key players and increasing advancement in the associated technology are also expected to drive the growth of the market in the region over the forecast period. An up-surged manufacturing process of novel tools and other assistive equipment can also be observed in North America. Additionally, the rising number of knee replacement surgery in North America is also estimated to foster the market growth in the region over the forecast period. For instance, knee replacement surgery in the United States is estimated to be performed approximately 0.8 million times every year. All these factors are anticipated to drive market growth in the region over the forecast period.
APAC Market Statistics
On the other hand, the Asia Pacific keyhole orthopedic surgery market is also projected to grow at a significant pace with a notable CAGR rate. The growth of the market in the region can be attributed to similar factors, such as rising cases of joint diseases and a growing geriatric population with various types of bone diseases and disorders. Also, the rapid growth of the healthcare industry and rising investment in enhancing the healthcare system are other factors that are anticipated to create a positive outlook for generating significant revenue in the forecast period.
Author Credits: Radhika Pawar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?