The global hernia mesh surgery market size is expected to reach USD 6.28 Billion in 2028 and register a revenue CAGR of 2.8% over the forecast period, according to a latest report by Reports Data. A major factor driving market revenue growth is rapid adoption of meshes in the surgeries due to its benefits. hernia mesh surgery is a medical device which is implanted into the groin, upper stomach, or abdomen of the patient undergoing hernia surgery. Mesh minimizes fibrosis, the chance of nerve entrapment and the formation of seroma.
Ongoing research and development activities, and private investments on health care sector positively affect the market growth over the forecast period. The rising automation trend has been resulting in rapid adoption of robots in the healthcare industry in the field of gynecology, and allows provision of treatment of more complex cases. This factor opens up new and more lucrative opportunities for players operating in the global hernia mesh surgery market.
Market Overview:
The pharma and healthcare industry is at a crossroads. Patients are benefiting from the promise of cell and gene therapies; uncommon diseases that were previously thought to be incurable are on the verge of finding true treatments. Artificial intelligence (AI) and machine-learning technologies are creating hopes that therapy discovery and development would be more innovative, as well as faster and cheaper. Manufacturing, the supply chain, and the entire healthcare ecosystem all have the potential to benefit from data-driven initiatives. Consumer attitudes and behaviours are shifting in a variety of ways, from growing use of technology and willingness to share data to an interest in using tools to make prescription and treatment decisions. Such factors will drive pharma and healthcare market growth in the coming years.
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Some key highlights of the report:
- The transplantation segment accounted for the largest revenue share in 2020 due to rising demand for transplant products such as tissue products, immunosuppressant, and solutions for organ preservation.
- Hernia type segments include inguinal hernia, incisional hernia, femoral hernia, and others. Among these, the femoral hernia segment accounted for largest revenue share in 2020 due to the wider shape of the female pelvis.
- On the basis of mesh type, the market report is segmented into biological mesh, and synthetic mesh. Among these, the biological mesh segment is expected to register a significantly rapid revenue CAGR during the forecast period.
- On the basis of synthetic structure type, the market report is segmented into absorbable mesh, and non-absorbable mesh. The absorbable mesh segment is expected to register largest revenue share over the forecast period as large pores in the mesh allow faster soft tissue ingrowth, lower foreign body reaction, thus resulting in the formation of a flexible scar.
- On the basis of synthetic product, the market report is segmented into flat mesh, and 3D mesh. Among these, the flat mesh segment is expected to register a significantly rapid revenue CAGR during the forecast period. Surgeons generally use self-gripping flat meshes to avoid fixation stitches and also reduce operative time.
- Revenue from North America hernia mesh surgery market is projected to account for a significantly larger revenue share and dominate other regional markets over the forecast period. This can be attributed to rapid technological advancements and high adoption of surgical meshes as a treatment option.
- Prominent players in the market are: Covidien, United Surgical, Dolphin Sutures, Transeasy Medical Tech, Baxter International, W.L Gore Associates Inc., Dipromed Srl, BioCer Entwicklungs, Sutures India Private Limited, and Hitech Equipments Company.
Key Players covered in this report are
Covidien, United Surgical, Dolphin Sutures, Transeasy Medical Tech, Baxter International, W.L Gore Associates Inc., Dipromed Srl, BioCer Entwicklungs, Sutures India Private Limited, and Hitech Equipments Company. The companies have adopted various strategies including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market.
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Hernia Type Outlook (Revenue, USD Billion; 2020 – 2028)
- Inguinal Hernia
- Incisional Hernia
- Femoral Hernia
- Others
Mesh Type Outlook (Revenue, USD Billion; 2020 – 2028)
- Biological Mesh
- Synthetic Mesh
Synthetic Structure Type Outlook (Revenue, USD Billion; 2020 – 2028)
- Absorbable Mesh
- Non-Absorbable Mesh
Synthetic Product Type Outlook (Revenue, USD Billion; 2020 – 2028)
- Flat Mesh
- 3D Mesh
End-Users Outlook (Revenue, USD Billion; 2020 – 2028)
- Ambulatory Surgical Centers
- Clinics
- Hospitals
Major Points covered in this report are as below:
The hernia mesh surgery Market industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
The hernia mesh surgery Market Market report provides key statistics on the market status of the hernia mesh surgery Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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