North America Market Analysis
Regionally, the global subarachnoid hemorrhage surgical devices 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 account for largest revenue share by 2036, on the back of availability of advanced health equipment and technology in the region, along with higher healthcare expenditure. According to the World Health Organization (WHO), as of 2018, 16.416 % of the GDP was spent on the healthcare sector in North America. Moreover, increasing investments by major market players on research and development activities for the development of newer treatment methods are estimated to contribute towards the market growth in the forecast period.
APAC Market Statistics
The subarachnoid hemorrhage surgical devices market in the Asia Pacific region is estimated to witness highest CAGR over the forecast period on account of increasing healthcare awareness amongst the people in developing nations, including, Japan, China, India, and Indonesia, along with rising disposable income. Moreover, constant development in the public healthcare system in the APAC region is also expected to positively affect the market.
Author Credits: Radhika Pawar
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