Hernia Repair Devices - Global Strategic Business Report

Global Hernia Repair Devices Market to Reach $5.2 Billion by 2030

The global market for Hernia Repair Devices estimated at US$3.6 Billion in the year 2022, is projected to reach a revised size of US$5.2 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030. Hernia Mesh, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$3.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hernia Fixation Devices segment is readjusted to a revised 6.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $973.2 Million, While China is Forecast to Grow at 8.1% CAGR

The Hernia Repair Devices market in the U.S. is estimated at US$973.2 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

Select Competitors (Total 47 Featured) -

• B. Braun Melsungen AG
• Cook Medical LLC
• CooperSurgical, Inc.
• Ethicon US LLC
• Insightra Medical, Inc.
• Medtronic PLC
• Olympus Corporation
• W. L. Gore & Associates, Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
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• Complimentary updates for one year