North America Market Forecasts
The North America wearable tremor therapy market is predicted to account for the highest CAGR of 33% between 2024 and 2036. The growth of this market can be primarily driven by increasing incidence of neural disorder in this region. In the United States, the death rate from neural disorder was as high as 47.4 deaths per 100,000 person, reported as per PAHO. Besides this, increasing investment by market players for the innovation of new technologies is also expected boost the market growth of wearable tremor therapy in the anticipated period. The region is being driven by factors like technology advancements, a strong healthcare system, increasing rates of brain cancer and the presence of professionals with expertise in neurosurgery.
Asia Pacific Market Statistics
The wearable tremor therapy market in Asia Pacific is estimated rise significantly during the forecast period. The growth of this market can be primarily attributed on the back of growing healthcare expenditure in the APAC region as a result of increasing urbanization in the region. Besides this, increasing allotment of huge healthcare expenditure hospitals and dispensing medicines for old people is estimated to drive the market growth in the future.
Author Credits: Radhika Pawar
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