SKULL CLAMP MARKET ANALYSIS

Regional Analysis

Skull Clamp Market – Regional Analysis

On the basis of region, the global skull clamp market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America is expected to hold dominant position in the skull clamp market, owing to increasing geriatric populations and increasing cases of brain injuries. For instance, according to a report published in The Morbidity and Mortality Weekly Report (MMWR) 2017, in the U.S., 153 people die due to traumatic brain injuries every day. 

Asia Pacific is also expected to witness significant growth in the skull clamp market due to continuous foreign investments and less cost of spinal surgeries. For instance, according to data released by India Brand Equity Foundation on September 2018, healthcare has become one of India’s largest sectors both in terms of revenue and employment, and the cost of surgery in India is about one-tenth of that in the U.S. or Western Europe. Moreover, according to data released by the Department of Industrial Policy and Promotion (DIPP) 2018, the healthcare sector of India attracted Foreign Direct Investment (FDI) worth US$ 5.25 billion between April 2000 and June 2018.