North America Duodenoscopes Market Growth Rate, Opportunities and Market Forecast to 2028


(MENAFN- America News Hour) CRIFAX added a report on North
America 'North America Duodenoscopes
Market, 2020-2028'
to its database of market research collaterals
consisting of overall market scenario with prevalent and future growth
prospects, among other growth strategies used by key players to stay ahead of
the game. Additionally, recent trends, mergers and acquisitions, region-wise
growth analysis along with challenges that are affecting the growth of the
market are also stated in the report.

The North America Duodenoscopes Market in North America
region is anticipated to observe a vibrant growth during the 2020-2028 period.
This can be attributed to the growing developments in the healthcare sector as
a result of rising research and development activities in this industry. The
increasing initiatives taken by various research institutes and organizations
for improving medical facilities and services are further leading to the market
growth. The Centers for Disease Control and Prevention, a prominent public
health institute of the United States, provided grant funding for a large
number of healthcare initiatives in the region in 2018. The initiative such as
vaccines for children and chronic disease prevention & health promotion
received the highest portion of resources with 50.87% and 10.07% of a total of
USD 7,496,307,789 respectively.

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This was followed by HIV/AIDS, viral Hepatitis, STI & TB
prevention which received 9.82% as well as injury prevention and control with
5.66% of the funds. The growing number of health disorders and rising demand
for improved treatment and preventive measures have led to the technological
advancements in the medical industry. On account of growing personal
expenditure on healthcare in the United States, the healthcare industry in the
region is developing at a rapid pace, thereby resulting in the growth of theNorth
America Duodenoscopes Market .

The personal healthcare expenditure in the country has
witnessed a significant increase in the past decade from USD 1,804 Billion in
2006 to USD 2,834 Billion in 2016, which resulted in an average annual percent
change of 4.6% during this period as reported by CDC. Hospital expenses accounted
for the highest share with 38.2% of the total personal healthcare expenditure
in United States in 2016. This was followed by physician & clinical,
prescription drugs and dental expenses which held 23.5%, 11.6% and 4.4% share
respectively. The inclination of the population to spend in this industry in
exchange for enhanced technologies and advanced treatment methods as well as
dental and hospital care is estimated to give rise to the growth of North
America Duodenoscopes market in the North America region by the end of 2028.

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Furthermore, to provide better
understanding of internal and external marketing factors, the multi-dimensional
analytical tools such as SWOT and PESTEL analysis have been implemented in the North
America Duodenoscopes market report. Moreover, the report consists of market
segmentation, CAGR (Compound Annual Growth Rate), BPS analysis, Y-o-Y growth
(%), Porter's five forces analysis, absolute $ opportunity and anticipated cost
structure of the market.

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