Hernia Repair Market is valued at US$ 4.5 billion in 2022, globally, and is expected to grow at a significant CAGR of over 3.0% over the forecast period of 2023-2030, market report by RationalStat
Market Definition, Market Scope, and Report Overview
Various driving factors influence the hernia repair market's growth and development. Innovative surgical techniques, minimally invasive procedures, and sophisticated hernia repair materials have greatly improved patient outcomes and reduced recuperation periods. Surgeons are increasingly using laparoscopic and robotic-assisted techniques, which may increase demand for hernia repair treatments. Growing awareness about the availability of hernia treatment options and the significance of immediate intervention is encouraging more patients to seek medical assistance for their hernias, which is contributing to market growth.
According to a deep-dive market assessment by RationalStat, the global hernia repair market has been analyzed on the basis of market segments, including product, procedure type, surgery type, and geography/regions (incl. North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
Market intelligence for the global hernia repair market covers market sizes on the basis of market value (US$/EUR Million) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
In addition, the long-term sector and products/services 10-year outlook and its implications on the global Hernia Repair market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
Request A Customization: https://store.rationalstat.com/store/global-hernia-repair-market/#tab-ux_global_tab
Competition Analysis and Market Structure
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global hernia repair market include,
• In June 2020, GORE SYNECOR, a tri-layer hybrid material created by W. L. Gore & Associates for simplicity of use during laparoscopic repair devices, robotic, and open surgical operations, has received a C.E. mark.
• In September 2020, DuraSorb, the flagship absorbable mesh from Surgical Innovation Associates, has received CE Mark for reconstructive and cosmetic applications such as abdominal hernia prevention, breast tissue support, and prosthetic breast support.
Some of the prominent players and suppliers operating and contributing significantly to the global hernia repair market growth include Medtronic, Johnson & Johnson, B. Braun Melsungen AG, C.R. Bard, Inc., W.L. Gore & Associates, Inc., Cook Medical, Inc., Atrium Medical Corporation, Ethicon Endo-Surgery, Inc., LifeCell Corporation, and Boston Scientific Corporation among others.
RationalStat has segmented the global hernia repair market based on product, procedure type, surgery type and region
• Global Hernia Repair Market Value (US$ Million) and Market Share (2019-2030) Analysis by Product
o Hernia Mesh
o Synthetic Mesh
o Biological Mesh
o Hernia Fixation devices
o Sutures
o Tack Applicators
o Glue Applicators
• Global Hernia Repair Market Value (US$ Million) and Market Share (2019-2030) Analysis by Procedure Type
o Laparoscopic Procedure
o Open/Conventional Procedure
• Global Hernia Repair Market Value (US$ Million) and Market Share (2019-2030) Analysis by Surgery Type
o Inguinal Hernia Repair
o Incisional/Ventral Hernia Repair
o Umbilical Hernia Repair
o Femoral Hernia Repair
• Global Hernia Repair Market Value (US$ Million) and Market Share (2019-2030) Analysis by Region
o North America Hernia Repair Market
 US
 Canada
o Latin America Hernia Repair Market
 Brazil
 Mexico
 Rest of Latin America
o Western Europe Hernia Repair Market
 Germany
 UK
 France
 Spain
 Italy
 Benelux
 Nordic
 Rest of Western Europe
o Eastern Europe Hernia Repair Market
 Russia
 Poland
 Hungary
 Other CIS Countries
 Rest of Eastern Europe
o Asia Pacific Hernia Repair Market
 China
 Japan
 India
 South Korea
 Australia
 ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
 Rest of Asia Pacific
o Middle East & Africa Hernia Repair Market
 GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
 South Africa
 Nigeria
 Turkey
 Rest of the Middle East & Africa

• Leading Companies and Market Players
o Medtronic
o Johnson & Johnson
o B. Braun Melsungen AG
o C.R. Bard, Inc.
o W.L. Gore & Associates, Inc.
o Cook Medical, Inc.
o Atrium Medical Corporation
o Ethicon Endo-Surgery, Inc.
o LifeCell Corporation
o Boston Scientific Corporation
For more information about this report https://store.rationalstat.com/store/global-hernia-repair-market/#tab-ux_global_tab