Treatment of Musculoskeletal Diseases - Africa

  • Africa
  • The Treatment of Musculoskeletal Diseases market in Africa is expected to witness substantial growth in the coming years.
  • By 2024, the revenue is projected to reach a staggering €2.37bn.
  • This growth is further expected to continue with an annual growth rate (CAGR 2024-2029) of 5.24%, ultimately resulting in a market volume of €3.06bn by 2029.
  • When compared globally, it is noteworthy that United States will generate the highest revenue in this market.
  • In 2024 alone, United States is projected to generate a remarkable revenue of €55,790.00m.
  • In Africa, there is a growing demand for alternative and traditional treatments for musculoskeletal diseases, reflecting the cultural diversity and rich history of traditional medicine practices in the region.

Key regions: Europe, Canada, United States, Germany, India

 
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Comparación de regiones
 
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Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

Visión general

  • Revenue
  • Global Comparison
  • Methodology
  • Key Market Indicators
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