Quadriplegia Treatment Market Share

  • Report ID: 3951
  • Published Date: May 07, 2024
  • Report Format: PDF, PPT

Quadriplegia Treatment Market Share

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.

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Author Credits:  Radhika Pawar


  • Report ID: 3951
  • Published Date: May 07, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing incidence of spinal cord injuries across the world and the growing advancement in the field of quadriplegia treatment are the major factors driving the growth of the market.

The market size of quadriplegia treatment is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2024-2036.

The major players in the market are Sanofi SA, AstraZeneca plc, GlaxoSmithKline plc, Johnson & Johnson Services, Inc., Bristol Myers Squibb Company, and others.

The hospital pharmacies segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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