Hernia Repair Devices Market Report: Trends, Forecast and Competitive Analysis to 2030

Hernia Repair Devices Market Report: Trends, Forecast and Competitive Analysis to 2030

Hernia Repair Devices Trends and Forecast

The future of the global hernia repair devices market looks promising with opportunities in the open surgery and laparoscopic surgery markets. The global hernia repair devices market is expected to reach an estimated $6.1 billion by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are increasing cases of hernia, growing adoption of mesh in hernia repair surgeris, and technological advancement in minimally invasive hernia treatment procedures.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Hernia Repair Devices by Segment

The study includes a forecast for the global hernia repair devices by product type, surgery type, procedure type, and region.

Hernia Repair Devices Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Hernia Mesh
• Hernia Fixation Devices

Hernia Repair Devices Market by Surgery Type [Shipment Analysis by Value from 2018 to 2030]:

• Inguinal Hernia
• Umbilical Hernia
• Incisional Hernia
• Femoral Hernia
• Others

Hernia Repair Devices Market by Procedure Type [Shipment Analysis by Value from 2018 to 2030]:

• Open Surgery
• Laparoscopic Surgery

Hernia Repair Devices Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Hernia Repair Devices Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hernia repair devices companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hernia repair devices companies profiled in this report include-

• B Braun Melsungen
• Cook Medical
• Medtronic
• W.L. Gore & Associates
• Ethicon
• C.R Bard
• Atrium
• Lifecell Corporation
• Baxter International
• Herniamesh S.R.L.

Hernia Repair Devices Market Insights

Lucintel forecasts that hernia mesh is expected to witness highest growth over the forecast period due to its capbility to provide long-term tensile strength to prevent a recurrence and ensures improved resistance to infection.

Open surgery will remain the larger segment as it ensures low cost of the procedure and fewer post-operative complications.

APAC is expected to witness highest growth over the forecast period due to the increasing prevalence of hernias and rising healthcare reimbursements in the region.

Features of the Global Hernia Repair Devices Market

Market Size Estimates: Hernia repair devices market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Hernia repair devices market size by product type, surgery type, procedure type, and region in terms of value ($B).

Regional Analysis: Hernia repair devices market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product types, surgery types, procedure types, and regions for the hernia repair devices market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hernia repair devices market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the hernia repair devices market size?

Answer: The global hernia repair devices market is expected to reach an estimated $6.1 billion by 2030.

Q.2 What is the growth forecast for hernia repair devices market?

Answer: The global hernia repair devices market is expected to grow with a CAGR of 4.1% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the hernia repair devices market?

Answer: The major drivers for this market are increasing cases of hernia, growing adoption of mesh in hernia repair surgeris, and technological advancement in minimally invasive hernia treatment procedures.

Q4. What are the major segments for hernia repair devices market?

Answer: The future of the hernia repair devices market looks promising with opportunities in the open surgery and laparoscopic surgery markets.

Q5. Who are the key hernia repair devices market companies?

Answer: Some of the key hernia repair devices companies are as follows:

• B Braun Melsungen
• Cook Medical
• Medtronic
• W.L. Gore & Associates
• Ethicon
• C.R Bard
• Atrium
• LifeCell Corporation
• Baxter International
• Herniamesh S.R.L.

Q6. Which hernia repair devices market segment will be the largest in future?

Answer: Lucintel forecasts that hernia mesh is expected to witness highest growth over the forecast period due to its capbility to provide long-term tensile strength to prevent a recurrence and ensures improved resistance to infection.

Q7. In hernia repair devices market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to the increasing prevalence of hernias and rising healthcare reimbursements in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the hernia repair devices market by product type (hernia mesh and hernia fixation devices), surgery typ (inguinal hernia, umbilical hernia, incisional hernia, femoral hernia, and others), procedure type (open surgery and laparoscopic surgery), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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