Geographically, the lymphangioleiomyomatosis (LAM) market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa region.
North America industry is likely to account for largest revenue share by 2036, attributed to factors such as high healthcare spending, a high rate of adoption of technologies, a rise in the prevalence of lifestyle-related disorders, and a promising pipeline. Further, the ease of availability of lymphangioleiomyomatosis therapies, rise in R&D concerning lymphangioleiomyomatosis, and the availability of reimbursements are also contributing towards the regional growth.
According to the U.S. Department of Health and Human Services, the number of women in the U.S. who have been diagnosed with lung disease is increasing.
The European region is anticipated to hold the second-largest market share in the l lymphangioleiomyomatosis (LAM) market after North America on account of rising government spending related to healthcare facilities in the region.
Asia-Pacific is estimated to grow at the fastest rate during the forecast period. Factors such as growth in the incidence of lymphangioleiomyomatosis disorders, lung infections & surgeries, increased menopausal female populations, upsurge in healthcare expenditure, penetration of leading players, budding population, and a rise in disposable income, are projected to propel the growth in the Asia-Pacific region.
Latin America and the Middle East and Africa are estimated to experience scalable heights in the foreseeable future on account of efforts made by the governments of these regions to promote the use of medications and spread the awareness related to health disorders.
Author Credits: Radhika Pawar
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