Product Description
Overall, the global hernia repair market was valued at $2.8 billion in 2021. This is expected to increase over the forecast period at a CAGR of 4.4% to reach $3.8 billion by 2028.
The full report suite on the global market for hernia repair includes the ventral, inguinal and hiatal hernia repair markets.
MARKET REPORT DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Size & Growth Trends
- Procedure Numbers
- COVID-19 Impact Analysis
- Market Drivers & Limiters
- Market Forecasts Until 2028, and Historical Data to 2018
- Recent Mergers & Acquisitions
- Company Profiles and Product Portfolios
- Leading Competitors
PROCEDURE NUMBERS
Surgery is the only treatment for a hernia, and repairs can be done with or without surgical mesh. If a surgeon chooses open repair, primary closure is an option. In primary closure, the surgeon uses sutures but no mesh to resolve the hernia. Primary closure is mainly used to repair hernias in infants or when the hernia is small, strangulated or infected.
GLOBAL HERNIA REPAIR MARKET TRENDS
Over the past few decades, the incidence of ventral hernias has been increasing. Not only do all of the products used to repair ventral hernias cost more than the products used to repair inguinal hernias, but the ongoing trend of biologic repair of ventral hernias has been gaining traction. Collectively, these factors will powerfully drive the overall hernia repair market as the use of higher-priced products increases.
GLOBAL HERNIA REPAIR MARKET SHARE INSIGHTS
Overall, within the global hernia repair market there are three dominant competitors: Becton Dickinson, Medtronic, and Ethicon.
In 2021, Becton Dickinson (BD) was the leading competitor in the global hernia repair market. The company offers an extensive line of soft tissue repair products indicated for various types of hernia repair.
GLOBAL HERNIA MARKET SEGMENTATION SUMMARY
- Ventral Hernia Repair Market
- Inguinal Hernia Repair Market
- Hiatal Hernia Repair Market
Research Scope Summary
Report Attribute | Details |
---|---|
Regions | North America (Canada, United States) Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela) Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.) Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine) Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates) Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam) Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda) |
Base Year | 2021 |
Forecast Period | 2022-2028 |
Historical Data | 2018-2021 |
Quantitative Data | Market Size, Market Share, Market Growth Rates, Units Sold, Average Selling Prices |
Qualitative Data | COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios |
Data Sources | Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data.
Read more about iData’s 9-Step Research Methodology |
WHY CHOOSE iDATA?
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- Experts Only – iData has been around for over 17 years and is the trusted source of intelligence, and data-driven insights for key industry players. We are made up of specialists with a sole focus on medical devices, dental devices and pharmaceuticals. Our research and consulting field of endeavour never strays from the medical device industry and, because of this, we are the number one choice for leading companies in this field.
- Global Coverage – iData’s unique methodology, and its expansion to over 70 countries world-wide, has made it one of the most viable sources of intelligence for global companies along with those who plan to expand their portfolio beyond the confines of their own country. Providing procedural data at the country level is another testimony to the trusted global coverage we provide.
- Attention to Detail – It’s our attention to small details, scheduling of timelines, and keen project management that makes us stand out from the rest. We are creative, and our reports include metrics such as procedure numbers, ASPs, and SKU-level insights that are not found elsewhere.
- Pricing – When comparing like-with-like, iData’s prices are not only extremely competitive but also the most cost-effective. We strive for success and want the same for our clients. With the level of detail incorporated into each report alongside the extensive segmentation provided, no other report compares at our price point.