Hernia repair devices are medical devices used in surgical procedures to treat hernias. Hernias occur when a portion of an organ or tissue protrudes through a weak spot in the muscle or tissue that surrounds it. The most common types of hernias occur in the abdominal region, such as inguinal, umbilical, and incisional hernias.
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The Global Hernia Repair Devices Market is projected to grow from USD 6.85 billion in 2021 to USD 11.47 billion by 2030 at a CAGR of 7.5% during the forecast period.
Rising obesity rates, an ageing population, technical breakthroughs in minimally invasive hernia treatment techniques, increased prevalence of hernia, and demand for preventive medical care are some of the primary drivers propelling the worldwide hernia repair devices market forward. According to a clinical review released by the National Center for Biotechnology Information (NCBI) in 2008, surgical treatments for the treatment of hernias were used at a rate of 10 per 100,000 of the population in the United Kingdom and 28 per 100,000 of the population in the United States. Inguinal hernias were the most common type of abdominal wall hernia, accounting for nearly 75% of all abdominal wall hernias, according to the clinical review. Combined with other factors, these developments are projected to propel the worldwide hernia repair devices market forward throughout the forecast period.
Key Players in the Global Market to Focus on Expanding their Customer Base:-
Prominent Com commonly used panies to Establish Various Corporate Strategies to Aid in Global Expansion. These players are focusing on strategic collaborations and partnerships to expand their market presence and strengthen their product portfolio.
Major Players Driving the Growth of the Hernia Repair Devices Market:-
- B. Braun Melsungen AG
- BD
- Cook Group Incorporated
- CooperSurgical Inc.
- Medical Device Business Services, Inc.
- Insight Medical Systems, Inc.
- Medtronic
- Olympus Corporation
- W. L. Gore & Associates, Inc.
SEGMENTATION
By Product
- Fixation Equipment
- Polymeric & Prosthetics Mesh
- Surgical Implants
- Biologic Materials Mesh
By Type
- Inguinal
- Femoral
- Incisional
- Umbilical
- Others
By End-user
- Hospitals
- Ambulatory Surgical Centers
- Clinic
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By Region
- North America
- Europe
- Asia Pacific
- The Middle East & Africa
- South America
Why Purchase the Report?
- The report includes information such as market dynamics scenario, opportunities and challenges during the forecast period
- Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
- Regional, sub-regional, and country-level data include the demand and supply forces along with their influence on the market.
- The competitive landscape comprises a share of key players, offering products, relevant financial information, recent developments, SWOT analysis, and strategies.
- Understand the current market scenario and viability of the global market over the forecast period.
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Some of the key questions answered in this report:
- What can we estimate about the anticipated growth rates and also the global Hernia Repair Devices Market industry size by 2030?
- What will happen in the coming existing and emerging markets?
- What will the market development pace of market?
- Which are the five top players in the Hernia Repair Devices market?
- How will the Hernia Repair Devices Market change in the upcoming years?
KEY INDUSTRY DEVELOPMENTS:
In 2017, C. R. Bard was acquired by BD; BD joined the hernia repair business with this acquisition. C. R. Bard expects the acquisition to assist it expand its geographic reach in terms of sales and operations while also maintaining its market position.
TABLE OF CONTENTS-
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Hernia Repair Devices Market
Chapter 5. Global Hernia Repair Devices Market Overview, By Usage, 2015 – 2028(USD Million)
——continued
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