• Medical Devices
  • Wednesday, 26 Aug 2020

Europe Immunochemistry market is expected to reach US$ Europe 315.0 Bn by 2027 with CAGR of 6.9%.

Publisher: The Insight Partners

Europe immunochemistry market is expected to reach US$ 775.97 Mn in 2027 from US$ 430.82 Mn in 2018. The market is estimated to grow with a CAGR of 6.9% from 2019-2027.Diabetes is generally considered as a lifestyle disease. Over time, incidences of the disease have increased, with the increase in population around the world.

The growth of the Europe Immunochemistry market is driven by the factors such as, growing geriatric population, increasing rate of obesity and rising incidence of diabetes. However, the market is likely to get impacted due to availability of alternatives for drug delivery and limitations associated with Immunochemistry in the region.

Diabetes of all types can lead to various complications in many parts of the body and can increase the overall risk of premature death. Heart attack, stroke, kidney failure, leg amputation, vision loss and nerve damage are the major complications associated with this disease.

Patients suffering from diabetes require frequent monitoring and external administration of insulin that is given through Immunochemistry and other medical devices. The rising prevalence of diabetes across the globe is expected to drive the growth of the Immunochemistry market worldwide during the forecast period.

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China is expected to lead the market in the Europe region owing to highest rate of incidences for the type 2 diabetes and increasing awareness in the country. However, rise in the prevalence of the diabetes is likely to add novel opportunities in the forecast period. Therefore, considering the above mentioned factors the growth of the market in the country is likely to contribute largest share in the Europe region during the forecast period.

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EUROPE SPECIALTY HOSPITALS - MARKET SEGMENTATION

By Type

Cancer Hospitals

Cardiac Hospitals

Rehabilitation Hospitals

ENT Hospitals

Neurological Hospitals

Orthopedic Hospitals

Others

By Country

Japan

China

India

Companies Mentioned

Encompass Health Corporation

Kindred Healthcare Inc

Memorial Sloan-Kettering

Steward Health Care System LLC

Belhoul Speciality Hospital

Advanced Specialty Hospitals

HCA Management Services L.P

TH Medica, Community Health Systems, Inc.

Universal Health Services, Inc.

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