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Description
The global peripheral nerve repair market size valued USD 6.2 billion in 2020 and expected to reach USD 9.9 billion by 2027, at a CAGR of 8.9% during the forecast period 2021-2027. The factors which are flourishing the growth of global market are increase in number of trauma and peripheral nerve damage cases across the globe. Causes of peripheral nerve damage include conditions such as diabetes, Guillain Barre Syndrome, and cancer along with iatrogenic injuries. Moreover, rising road accidents cases, fractures, and weapon injuries are also aiding in the expansion of global market. Rising incidence rates of trauma and peripheral nerve damage cases is one of the major driving factors of peripheral nerve repair market during the forecast period. The report on global market gives historical, current, and future market sizes (US$ 575.7 Mn) on the basis of technique and region. This report studies global peripheral nerve repair market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
