PROCALCITONIN ANTIBODY MARKET ANALYSIS
Procalcitonin Antibody Market – Regional Insights
On the basis of region, the global procalcitonin antibody market is segmented into North America, Europe, Latin America, Asia Pacific, Middle East, and Africa. North America is estimated to account for the largest share in the global procalcitonin antibody market, owing to increasing adoption of new techniques in research, and huge national healthcare spending. For instance, according to the U.S Centers for Medicare & Medicaid Services, national healthcare spending is projected to grow at an average rate of 5.5% per year from 2017 to 2026 and will reach around US$ 5.7 trillion by 2026.
Asia Pacific is expected to exhibit significant growth in the procalcitonin antibody market, followed by Europe, owing to increasing healthcare researches and rising geriatric population vulnerable to sepsis disease. According to the Center for Strategic and International Studies, in 2015, 9.5% of the population in China was 65 years or older and as per the United Nations, it is projected to reach to 27.5% by 2050.
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