On the basis of geographical analysis, the global neurology devices market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific industry is set to hold largest revenue share by 2036, led by increasing awareness regarding healthcare amongst people, along with improving healthcare facilities in the region.
The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the higher healthcare expenditure in the region, and presence of patient-friendly reimbursement policies. According to the World Bank, 16.885% of the GDP of United States was spent for healthcare in 2018.
Author Credits: Radhika Pawar
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