Hernia Mesh Devices Market - By Surgery Type (Laparoscopic Surgery And Open Tension-Free Repair), By Product (Consumables And Fixation Devices), By Mesh Material (Non-Absorbable Mesh And Absorbable Mesh), By Hernia Type (Umbilical Hernia, Incisional Hernia, Femoral Hernia, Inguinal Hernia, And Others), By End-Use (Ambulatory Surgical Centers, Hospitals, And Others), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Global Hernia Mesh Devices market, which was estimated at about 5.13(USD Billion) in 2019 and is predicted to accrue earnings worth 13.2 (USD Billion) by 2026, is set to record a CAGR of nearly over 2.5% over 2020-2026.

19-Oct-2020 | Number of pages: 110 | Report Code: ZMR-1765 | Report Format : | Status : Published

Abstract

The global Hernia Mesh Devices market, which was estimated at about 5.13(USD Billion) in 2019 and is predicted to accrue earnings worth 13.2 (USD Billion) by 2026, is set to record a CAGR of nearly over 2.5% over 2020-2026. The report offers valuation and analysis of Hernia Mesh Devices market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

Introduction

Hernia mesh is a medical instrument that supports damaged tissues around the hernia while it heals. Apparently, surgeons keep the mesh in vicinity of the hernia and attach it with glue or staples. Reportedly, hernia mesh device is utilized in nearly 9 out of 10 hernia surgeries in the countries like the U.S.

As per the U.S. FDA, making use of hernia mesh is predicted to enhance the condition of the patient as the recovery can take lesser time in comparison to other medical therapies. In addition to this, surgeons make use of hernia mesh device for reducing the recurrence of hernia.

Market Growth Drivers

High rate of hernia recurrence and surge in the performing of robotic surgeries along with need for new meshes will proliferate the expansion of hernia mesh devices industry over the ensuing years. Apart from this, need for reducing the pain during hernia repair along with requirement of enhanced patient results through the medical device use is projected to steer the business trends. In addition to this, technological breakthroughs, new growth avenues in developing nations, and co-operation of authorities in the emerging economies will steer the industry growth over the forthcoming years. With high focus of the players on developing new medical devices for fulfilling patient healthcare requirements is likely to steer the growth of hernia mesh devices market over the forthcoming years. Nonetheless, huge costs of manufacturing hernia mesh equipment and changing healthcare insurance policies can prove to be detrimental to the growth of the hernia mesh devices market over the years ahead.

North American Market To Attain Scaling Growth Over 2020-2026

The growth of the market in the region over the estimated timespan can be ascribed to huge product penetration in the healthcare industry in the countries like the U.S. and Canada. In addition to this, enhanced healthcare amenities, inactive lifestyles, and massive acceptance of meshes for treating hernia is projected to culminate into humungous expansion of hernia mesh devices industry in the sub-continent over the forecast timeframe. Apparently, presence of advanced healthcare infrastructure and huge awareness among the patients about the health benefits derived due to minimally invasive surgeries will prompt the business growth in the region over the assessment period.

Key participants profiled in the report and favorably impacting the business include Baxter International, W.L Gore & Associates, Transeasy Medical, Sutures India, Hitech Equipments Company, Ethicon Endo Surgery, C. R. Bard, Dipromed, and Maquet Holding.

The global hernia mesh devices market is segmented as follows:

By Product

  • Fixation Devices
  • Consumables
    • Mesh
      • Synthetic Material
        • Absorbable Mesh
        • Composite Mesh
        • Non-absorbable Mesh
      • Biological Material

By Surgery Type

  • Open Tension-free Repair
  • Laparoscopic Surgery

By Hernia Type

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

By Mesh Material

  • Absorbable Mesh
  • Non-Absorbable Mesh

By End-Use

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

High rate of hernia recurrence and surge in the performing of robotic surgeries along with need for new meshes will proliferate the expansion of hernia mesh devices industry over the ensuing years. Apart from this, need for reducing the pain during hernia repair along with requirement of enhanced patient results through the medical device use is projected to steer the business trends. In addition to this, technological breakthroughs, new growth avenues in developing nations, and co-operation of authorities in the emerging economies will steer the industry growth over the forthcoming years.

According to Zion market research, the global Hernia Mesh Devices market, which was estimated at about 5.13(USD Billion) in 2019 and is predicted to accrue earnings worth 13.2 (USD Billion) by 2026, is set to record a CAGR of nearly over 2.5% over 2020-2026.

North America is likely to make noteworthy contributions towards overall market revenue. The surge in the expansion of market in the sub-continent over the estimated timespan is credited to huge product penetration in the healthcare industry in the countries like the U.S. and Canada. In addition to this, enhanced healthcare amenities, inactive lifestyles, and massive acceptance of meshes for treating hernia is projected to culminate into humungous expansion of hernia mesh devices industry in the sub-continent over the forecast timeframe. Apparently, presence of advanced healthcare infrastructure and huge awareness among the patients about the health benefits derived due to minimally invasive surgeries will prompt the business growth in the region over the assessment period.

The key players profiled in the report include Baxter International, W.L Gore & Associates, Transeasy Medical, Sutures India, Hitech Equipments Company, Ethicon Endo Surgery, C. R. Bard, Dipromed, and Maquet Holding.


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