The Worldwide Hernia Mesh Devices Market is Projected to reach USD 8.2 Billion by 2030, at a CAGR of 6.9%

31-Oct-2023 | Report Format: Electronic (PDF)

Hernia Mesh Devices Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Hernia Mesh Devices Market size is expected to reach $8.2 billion by 2030, rising at a market growth of 6.9% CAGR during the forecast period. In the year 2022, the market attained a volume of 20,047.1 thousand units, experiencing a growth of 6.6% (2019-2022).

The Synthetic segment is leading the Global Hernia Mesh Devices Market by Type in 2022 thereby achieving a market value of $5.7 billion by 2030. Synthetic meshes have a well-established track record in hernia repair. They have been used for decades and have demonstrated their efficacy in providing structural support to the weakened abdominal wall. The experience and familiarity with these materials contribute to their continued adoption. Synthetic meshes are versatile and can be used in various types of hernia repair, including inguinal, incisional, ventral, umbilical, and femoral hernias. Synthetic meshes are known for their rapid incorporation into the patient's tissues, providing immediate reinforcement of the abdominal wall.

The Incisional Hernia segment is showcasing a CAGR of 7.5% during (2023 - 2030). The increasing number of abdominal surgeries, including laparotomies and laparoscopic procedures, has led to a growing prevalence of incisional hernias. As more patients develop incisional hernias, the demand for hernia mesh devices in their repair continues to rise. Hernia mesh devices are known for their effectiveness in reducing the risk of incisional hernia recurrence. Their use significantly enhances patient outcomes, including a lower likelihood of complications and improved comfort during the postoperative period. These advantages drive the adoption of mesh devices by surgeons and healthcare facilities.

The North America region dominated the Global Hernia Mesh Devices Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3.7 Billion by 2030. The Europe market is anticipated to grow at a CAGR of 6.5% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 7.9% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/hernia-mesh-devices-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Becton Dickinson and Company, Johnson & Johnson, W. L. Gore & Associates, Inc., Atrium Medical Corporation (Getinge AB), B. Braun Melsungen AG, Baxter International, Inc., Cook Medical, Inc. (Cook Group), Medtronic PLC, Integra LifeSciences Holdings Corporation, and Herniamesh S.r.l.

Global Hernia Mesh Devices Market Segmentation

By Type (Volume, thousand units, USD Million, 2019-2030)

  • Synthetic
  • Biologic

By Hernia Type (Volume, thousand units, USD Million, 2019-2030)

  • Inguinal Hernia
  • Incisional Hernia
  • Femoral Hernia
  • Others

By Geography (Volume, thousand units, USD Million, 2019-2030)

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Becton Dickinson and Company
  • Johnson & Johnson
  • W.L. Gore & Associates, Inc.
  • Atrium Medical Corporation (Getinge AB)
  • B.Braun Melsungen AG
  • Baxter International, Inc.
  • Cook Medical, Inc. (Cook Group)
  • Medtronic PLC
  • Integra LifeSciences Holdings Corporation
  • Herniamesh S.r.l.

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