North American Market Forecast
The North America pericardial patches market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2036. The growth of the market can be attributed majorly to the rising incidence of anterior cruciate ligament (ACL) injuries and the availability of soft tissue allografts manufacturers in the region is expected to drive the pericardial patches market in the region. For instance, in the United States, ACL injuries and tears are among the most common knee injuries, with an estimated 150,000 to 200,000 of these injuries occurring each year. Further, the strong healthcare network in the region, along with the increased healthcare expenditure by the population is anticipated to promote the usage of pericardial patches in the upcoming years. Moreover, the rising focus on developing advanced pericardial patches by the market players is also anticipated to increase the awareness level of pericardial patches among medical professionals and the general population. In addition, the region's expanding healthcare industry and rising commercialization of pericardial patches are also anticipated to boost market growth during the forecast period.
Author Credits: Radhika Pawar
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