Hernia Repair Market Size, Share, & COVID-19 Impact Analysis-Global-2022-2028-MedCore-Includes: Ventral Hernia Repair Market, and 1 more
Overall, the global hernia repair market was valued at $2.8 billion in 2021. This is expected to increase over the forecast period at a CAGR of 4.4% to reach $3.8 billion by 2028.
The full report suite on the global market for hernia repair includes the ventral, inguinal and hiatal hernia repair markets.
MARKET REPORT DATA TYPES INCLUDED
Unit Sales, Average Selling Prices, Market Size & Growth Trends
Procedure Numbers
COVID-19 Impact Analysis
Market Drivers & Limiters
Market Forecasts Until 2028, and Historical Data to 2018
Recent Mergers & Acquisitions
Company Profiles and Product Portfolios
Leading Competitors
PROCEDURE NUMBERS
Surgery is the only treatment for a hernia, and repairs can be done with or without surgical mesh. If a surgeon chooses open repair, primary closure is an option. As part of primary closure, sutures are used rather than mesh to resolve the hernia. When a hernia is small, strangulated, or infected, primary closure is used to repair it.
GLOBAL HERNIA REPAIR MARKET TRENDS
Over the past few decades, the incidence of ventral hernias has been increasing. Additionally, biologic repair of ventral hernias has gained traction in recent years due to the higher cost of ventral hernia repair products than inguinal hernia repair products. As higher-priced products become more popular, these factors will collectively drive the overall hernia repair market.
GLOBAL HERNIA REPAIR MARKET SHARE INSIGHTS
Overall, within the global hernia repair market there are three dominant competitors: Becton Dickinson, Medtronic, and Ethicon.
In 2021, Becton Dickinson (BD) was the leading competitor in the global hernia repair market. The company offers an extensive line of soft tissue repair products indicated for various types of hernia repair.
GLOBAL HERNIA MARKET SEGMENTATION SUMMARY
Ventral Hernia Repair Market
Inguinal Hernia Repair Market
Hiatal Hernia Repair Market
Research Scope Summary
Report Attribute
Details
Regions
North America (Canada, United States)
Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela)
Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.)
Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine)
Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam)
Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year
2021
Forecast Period
2022-2028
Historical Data
2018-2021
Quantitative Data
Market Size, Market Share, Market Growth Rates, Units Sold, Average Selling Prices
Qualitative Data
COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios
Data Sources
Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data.
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Experts Only – iData has been around for over 17 years and is the trusted source of intelligence, and data-driven insights for key industry players. We are made up of specialists with a sole focus on medical devices, dental devices and pharmaceuticals. Our research and consulting field of endeavour never strays from the medical device industry and, because of this, we are the number one choice for leading companies in this field.
Global Coverage - iData's unique methodology, and its expansion to over 70 countries world-wide, has made it one of the most viable sources of intelligence for global companies along with those who plan to expand their portfolio beyond the confines of their own country. Providing procedural data at the country level is another testimony to the trusted global coverage we provide.
Attention to Detail - It’s our attention to small details, scheduling of timelines, and keen project management that makes us stand out from the rest. We are creative, and our reports include metrics such as procedure numbers, ASPs, and SKU-level insights that are not found elsewhere.
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