openPR Logo
Press release

Hernia Mesh Devices Market projected to reach US$ 6.99 billion by the end of 2033

04-30-2024 10:31 PM CET | Health & Medicine

Press release from: Fact.MR

Hernia Mesh Devices Market

Hernia Mesh Devices Market

According to a recent industry analysis by Fact.MR, a provider of competitive intelligence and market research, the global market for Hernia Mesh Devices is expected to reach US$ 4.72 billion in 2023 and grow at a compound annual growth rate (CAGR) of 4% between 2023 and 2033. This growth is primarily due to the rapidly rising global prevalence of hernias. Among the different kinds of hernias are femoral, inguinal, and incisional. Hernia-related symptoms are treated with hernia mesh devices, which are safe, trustworthy, and affordable to use. A 2020 BMJ Journal article states that around 20 million hernias are treated annually, accounting for 15% to 18% of all surgical procedures.

Key Takeaways from Market Study

Global sales of hernia mesh devices are expected to reach US$ 6.99 billion by 2033.

The market in China is predicted to expand rapidly at a CAGR of 6% during the projected period (2023 to 2033).

Demand for hernia mesh devices for inguinal hernia treatment is expected to rise at a CAGR of 4% during the next 10 years.

Sales of hernia mesh devices in Germany are anticipated to increase at a 3% CAGR.

Download Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8345

"Increasing demand for advanced hernia mesh devices, rising adoption of robotic surgeries, and growing rate of the senior population are driving market growth," says a Fact.MR analyst.

Recent Developments

Becton, Dickinson, and Company gained FDA approval in July 2020 for their 3DMax MID Anatomical Mesh, which is intended for use in the repair of inguinal hernias and the strengthening of soft tissue.

Deep Blue Medical Inc. obtained FDA approval in August 2020 to start selling its novel hernia mesh device.

As a result of the rising hernia incidence, hernia repair surgery rates are sharply rising. Due to the increasing demand for the strengthening and restoration of unhealthy hernia tissue, hernia repair devices are becoming increasingly popular throughout the healthcare industry.

Get Customization on this Report for Specific Research Solutions:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=8345

Market Titans

Aspide Medical
Atrium
Braun Melsungen AG.
Baxter International, Inc.
R. Bard, Inc.
Cook Medical
Cousin Biotech
Covidien (Part of Medtronic)
Dipromed
Ethicon, Inc.
Feg Textiltechnik MBH
Herniamesh S.r.l
LifeCell Corporation
L. Gore & Associates

Competitive Landscape

Leading companies in the hernia mesh devices market are focusing on expanding their business on the regional level by changing pricing trends, improving product standards, quality control, and enhancing the local supply chain management system. Partnerships, collaborations, and new developments in products are also some of the marketing strategies adopted by market players.

In March 2020, Novus Scientific AB got FDA clearance for TIGR Matrix Surgical Mesh, which is intended to be used in treatment methods such as soft tissue repairs, including hernias or other soft tissue-related abnormalities.
Hernia Mesh Devices Industry Research Segmentation

By Hernia Type :
Inguinal
Incisional
Femoral

By Mesh Type :
Synthetic
Biological

By Procedure :
Open Surgeries
Laparoscopic Surgeries
Robotic Surgeries

By End-user :
Hospitals
Ambulatory Surgical Centers
Clinics

By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
MEA

Browse Full Report @ https://www.factmr.com/report/hernia-mesh-devices-market

Key Questions Covered in the Hernia Mesh Devices Market Report

What is the projected value of the Hernia Mesh Devices Market in 2023?

At what rate will the global Hernia Mesh Devices Market grow until 2033?

Which are the factors hampering the growth in the Hernia Mesh Devices Market?

Which region is expected to lead in the global Hernia Mesh Devices Market during 2023 to 2033?

Which are the factors driving the Hernia Mesh Devices Market during the forecast period?

What is the expected market value of the Hernia Mesh Devices Market during the forecast period?

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global hernia mesh devices market, presenting historical demand data (2018 to 2022) and forecast statistics for the period of 2023 to 2033.

The study divulges essential insights on the market on the basis of hernia type (inguinal, incisional, femoral), mesh type (synthetic, biological), procedure (open surgeries, laparoscopic surgeries, robotic surgeries), and end user (hospitals, ambulatory surgical centers, clinics), across five major regions of the world

๐—˜๐˜…๐—ฝ๐—น๐—ผ๐—ฟ๐—ฒ ๐— ๐—ผ๐—ฟ๐—ฒ ๐—ฅ๐—ฒ๐—น๐—ฎ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐˜‚๐—ฑ๐—ถ๐—ฒ๐˜€ ๐—ฃ๐˜‚๐—ฏ๐—น๐—ถ๐˜€๐—ต๐—ฒ๐—ฑ ๐—ฏ๐˜† ๐—™๐—ฎ๐—ฐ๐˜.๐— ๐—ฅ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต:

Dental Restoratives Market
https://www.factmr.com/report/4725/dental-restoratives-market

Pneumatic Nebulizers Market
https://www.factmr.com/report/pneumatic-nebulizers-market

Manual Resuscitators Market
https://www.factmr.com/report/manual-resuscitators-market

Medical Processing Seals Market
https://www.factmr.com/report/medical-processing-seals-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

๐€๐›๐จ๐ฎ๐ญ ๐…๐š๐œ๐ญ.๐Œ๐‘
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hernia Mesh Devices Market projected to reach US$ 6.99 billion by the end of 2033 here

News-ID: 3481200 • Views: โ€ฆ

More Releases from Fact.MR

Location Intelligence Market Revolutionizes Workforce Management Strategies
Location Intelligence Market Revolutionizes Workforce Management Strategies
The global Location Intelligence Market is poised for remarkable growth, with an anticipated compound annual growth rate (CAGR) of 15.3% from 2023 to 2033. Currently valued at US$ 19.2 billion, the market is expected to reach an impressive revenue of US$ 79.8 billion by the end of 2033. Location intelligence has found broad applications across various industries and services, promising substantial business opportunities for service providers in the future. Theโ€ฆ
The Rise in The Adoption of Walkie Talkie in Defense Sector and Event Management Globally Expands the Walkie Talkie Market
The Rise in The Adoption of Walkie Talkie in Defense Sector and Event Management โ€ฆ
The global walkie talkie market is projected to attain a size of US$ 32 billion by 2033, with an expected growth rate of 8.1% from 2023 to 2033. Walkie-talkies, as communication devices, provide a network-independent means for users to communicate in areas where cellular networks are inaccessible. There is an increasing demand from consumers for digital radios offering diverse designs and applications. The interoperability of certain digital radios with traditionalโ€ฆ
Wood Furniture Continues to Gain Significant Traction in the Kids Furniture Market
Wood Furniture Continues to Gain Significant Traction in the Kids Furniture Mark โ€ฆ
The kids furniture market is expected to experience a moderate compound annual growth rate (CAGR) of 4.1% from 2019 to 2029. This growth is primarily driven by the steady increase in real estate prices and improved spending potential among buyers. The rising demand for space-efficient solutions to accommodate clothes, toys, books, and accessories will play a significant role in shaping the global kids furniture market. The steady growth trajectory isโ€ฆ
Compensating Innovations Propel Growth in Automotive Fifth Wheel Coupling Market
Compensating Innovations Propel Growth in Automotive Fifth Wheel Coupling Market
The automotive fifth wheel coupling market (่‡ชๅ‹•่ปŠ็”จใƒ•ใ‚ฃใƒ•ใ‚นใƒ›ใ‚คใƒผใƒซใ‚ซใƒƒใƒ—ใƒชใƒณใ‚ฐๅธ‚ๅ ด) is undergoing significant transformations as it navigates through evolving industry dynamics and technological advancements. With a projected compound annual growth rate (CAGR) of 5.7%, the market is expected to reach a valuation of USD 1 billion by 2032. This anticipated growth underscores the critical role that fifth wheel couplings play in the transportation and logistics sectors, and highlights the increasing demand for efficient,โ€ฆ

All 5 Releases


More Releases for Hernia

Hernia Repair Devices and Consumables Market - Rising Prevalence of Hernia to Bo โ€ฆ
The Hernia Repair Devices and Consumables Market research report provides an in depth examination of the key factors stimulating market expansion. It also sheds light on the challenges or restraining factors that are poised to hinder industry growth over the forecast timeframe. Growth rate, market share captured, and valuation estimates for each region, segment, and company are documented as well. View Report - https://www.theinsightpartners.com/reports/hernia-repair-devices-and-consumables-market/ Hernia is a medical condition in which theโ€ฆ
Increasing Cases of Hernia to evolve the Global Hernia Repair Devices and Consum โ€ฆ
According to a new market research report launched by Inkwood Research, the Global Hernia Repair Devices and Consumables Market is projected to generate around $6329.5 million by 2028, with a growth rate of 3.71% during the forecast period. Browse 71 market data Tables and 49 figures spread over 205 Pages, along with in-depth analysis on Global Hernia Repair Devices and Consumables Market by Surgery Type, Hernia Type, Product & byโ€ฆ
Worldwide Hernia Mesh Devices Market By Hernia- Global Industry Analysis And Fut โ€ฆ
The Advance Research Report Published by Crystal Market Research titled, Hernia Mesh Devices Market, approximates that the Hernia Mesh Devices Industry size is expected to flourish at a significant CAGR in the future. The Global Hernia Mesh Devices Industry is anticipated to observe supported development over the foreseen period. The major development factor for the growth of Hernia Mesh Devices is the positive development in the Developing sector. Major Companies 2019: B. Braunโ€ฆ
Hernia Repair Devices Market: Increased Adoption of Tension-free Hernia Repair P โ€ฆ
Occurrence of hernia results in chronic pain and is one of the most common conditions affecting large number of populations. Hernia is a condition often characterized by protrusions of organs mainly intestines via a weakened section of abdominal wall. If the condition is left untreated then it results in widening of the split in the muscles thereby increasing the number of organs and tissues being pushed through the openings orโ€ฆ
Europe Hernia Mesh Repair Devices Market Growing at Huge CAGR of 5.6% With Herni โ€ฆ
Europe Hernia Mesh Repair Devices Market is dominated by JOHNSON & JOHNSON SERVICES, INC, followed by Medtronic and B. Braun Melsungen. Get Free Sample Copy of this Report @ http://databridgemarketresearch.com/request-a-sample/?dbmr=europe-hernia-mesh-repair-devices-market Key Points: Synthetic mesh segment is expected to dominate the Europe hernia mesh repair devices market. The hernia mesh repair devices market in the Europe region is leading in Germany, France, U.K., Italy and Spain. Germany accounts for the highest market share in thisโ€ฆ
Hernia Belt Market 2017 - Hernia Products, ITA-MED, Surgical Appliance Industrie โ€ฆ
Apex Research, recently published a detailed market research study focused on the "Hernia Belt Market" across the global, regional and country level. The report provides 360ยฐ analysis of "Hernia Belt Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Hernia Belt industry, and estimates the future trend of Hernia Belt market onโ€ฆ