The Business Research Company’s Acute Spinal Cord Injury Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Acute Spinal Cord Injury Global Market Report 2023 evaluates acute spinal cord injury market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global acute spinal cord injury market is expected to grow fromthe acute spinal cord injury market size has grown strongly in recent years. It will grow from $6.32 billion in 2023 to $6.7 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to rising incidence of acute spinal cord injuries, increasing awareness of acute spinal cord injury’s and their treatment options, growing demand for personalized care, rising disposable income levels, increasing government spending on asci research and development.The acute spinal cord injury market size is expected to see strong growth in the next few years. It will grow to $8.25 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%.
Increasing numbers of road accidents are expected to propel the acute spinal cord injury market going forward. A road accident refers to an incident involving the crashing of a motor vehicle that leads to wounding or severe fatality. Accidental spinal injuries can harm the central nervous system (CNS) and disrupt the passage of nerves required for function and sensory skills. The strength of an accident’s impact can cause trauma to the cervical, lumbar, or thoracic spine, damaging or severing the spinal cord and causing paralysis. For instance, in August 2022, according to the National Highway Traffic Safety Administration, a US-based government agency, 9,560 individuals died in traffic accidents in the first quarter of 2022, an increase of 7% compared to the 8,935 fatalities for the same period in 2021. Therefore, an increase in road accidents drives the growth of the acute spinal cord injury market.
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The acute spinal cord injury market segments in the report are:
1) By Type: Complete Spinal Cord Injury, Incomplete Spinal Cord Injury
2) By Diagnosis Type: Laboratory Tests, Imaging Tests
3) By Application: Hospitals, Clinics
The table of contents in TBRC’s acute spinal cord injury market report includes:
- Executive Summary
- Acute Spinal Cord Injury Market Characteristics
- Acute Spinal Cord Injury Market Trends And Strategies
- Acute Spinal Cord Injury Market – Macro Economic Scenario
- Impact Of High Inflation On Market
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32. Global Acute Spinal Cord Injury Market Competitive Benchmarking
- Global Acute Spinal Cord Injury Market Competitive Dashboard
- Key Mergers And Acquisitions In The Acute Spinal Cord Injury Market
- Acute Spinal Cord Injury Market Future Outlook and Potential Analysis
- Appendix
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