Industryno103 Dec, 2021Business
North America dominates the active implantable medical devices market owing to the rising geriatric population, increasing cases of cardiovascular and neurological diseases, high obesity rates, high accessibility to developed technologies, and increasing healthcare expenditure in the region. However, Asia-Pacific is expected to witness the fastest growth during the forecast period owing to the growth in geriatric population, rising incidence of chronic diseases, rising healthcare spending, the establishment of healthcare infrastructure, growing demand for developing technologies to innovate advanced products, and less strict regulations.
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