North America Market Statistics
Regionally, the global molecular robotics market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America is predicted to dominate majority revenue share by 2036, on the back of advanced technology present in the region, along with constant development in technology. Moreover, the presence of major pharmaceutical companies, high healthcare expenditure and increasing investment in R&D activities, is expected to drive the regional market growth According to the data by the World Health Organization (WHO), as of 2018, 16.416 % of the GDP was spent on the healthcare sector in North America.
APAC Market Analysis
The molecular robotics market in the Asia Pacific region is estimated to witness notable CAGR over the forecast period owing to the emerging scope for technological research and development in countries, such as, Japan, and China.
Author Credits: Abhishek Verma
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