Global Soft Tissue Repair Market- Regional Analysis
Among region, North America is expected to dominate the global market over the forecast period, due to increasing acquisition of companies by the key market players in this region. For instance, in July 2021, BD, a medical technology company, acquired Tepha, Inc., a medical device manufacturing company, to drive new innovations in soft tissue repair and regeneration.
The market in the Asia-Pacific is expected to showcase the fastest growth rate with respect to economy, globally, in the coming years. Several emerging economies, such as India, China, Malaysia, Vietnam, etc., are present in this region. Owing to increasing healthcare expenditure by the government organizations in this region, there is an increase in the development of healthcare infrastructure, which is expected to drive the market growth in the forecast period. For instance, in 2020, according to a report published by Macrotrends LLC, a research platform that enables users to screen and research stocks, there was 4.35% increase in healthcare expenditure in the Asia Pacific region.
Soft Tissue Repair Market Report Snapshots
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