North American Market Forecast
By 2036, North America region is expected to hold more than 35% quadriplegia treatment market share, impelled by the growing consumption of alcohol. Over the past few decades, there has been a rise in alcohol consumption per capita in the United States, which has increased the risk of health issues like cancer, and liver disorders, and is a component that regularly affects the likelihood of accidents and injuries. For instance, more than 35 individuals every day, or one every 39 minutes, lose their lives in drunk driving accidents in the United States.
According to estimates, more than 10 million adult Americans suffer from an alcohol consumption disorder. Particularly, in 2021 over 55% of American adults drank alcohol.
European Market Statistics
The Europe quadriplegia treatment market is estimated to be the second largest, during the forecast timeframe led by the increasing investment in the medical sector. As a result, there is an increase in the development of clinics, a rehabilitation hospital, and centers in the region that provide quality treatment services to patients with quadriplegia.
Besides this, owing to increased spending healthcare professionals are also able to develop specialized skills for the treatment of quadriplegia leading to rising demand for the treatment.
Author Credits: Radhika Pawar
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