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Global Bionic Devices Market

Hospital segment has the highest market share, based on end-user:

The presence of skilled healthcare professionals, availability of better facilities, and presence of better and updated medical equipment’s, are the key contributors to the high market share of the hospital segment, in the global bionic device market.

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Asia-Pacific market is forecasted to register a high growth rate during the forecast period:

The increasing prevalence of disabilities, increasing demand for bionic implants, and rise in trauma and accidents, propels the growth of the embolic devices in the region.

However, North America has a dominant market share. This is due to high prevalence of chronic diseases, rising healthcare expenditure, and acceptance of bionic devices by the population of the region.

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