The Global Hernia Repair Devices Market size was valued at USD 5.4 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 3% from 2021 to 2027.
A hernia repair device is a device used to perform surgical procedures to correct a hernia. Hernia repair devices are used to perform laparoscopic and open surgery. The market is dominated by the availability of hernia meshes, including synthetic meshes and biological meshes, and mesh anchorages, including sutures, tack applicators, and adhesive applicators. A hernia is a condition in which internal organs or fatty tissue protrude through the fascia, a weakness present in the surrounding muscle or connective tissue. Hernias most often occur in the abdominal cavity between the chest and hips. Inguinal hernia, femoral hernia, umbilical hernia, hiatus hernia, etc. are the most widely observed hernias worldwide. A hernia is characterized by signs and symptoms such as swelling of the groin or scrotum, pain at the protrusion site, pain during lifting, an increase in the size of the protrusion over time, pain, and intestinal obstruction.
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Market Segments
By Product Types:
- Tack
- Suture
- Staple
- Glue
By End-User/Application:
- In-Patient
- Out-Patient
Key Players
The major companies in the hernia repair devices global market are Becton, Dickinson, and Company (Bard) (U.S.), Medtronic, PLC (Ireland), Johnson & Johnson (Ethicon) (U.S.), Cook Medical, Inc. (U.S.), Integra Lifesciences (U.S.), B. Braun Melsungen AG, (Germany), SecQure, Inc. (U.S.), AbbVie (Allergan) (Life-cell corporation) (U.S.), W. L. Gore and associates (U.S.) and Tela Bio (U.S.).
Scope of the Report
The research study analyzes the global Hernia Repair Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Hernia Repair Devices Market Report
1. What was the Hernia Repair Devices Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Hernia Repair Devices Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Hernia Repair Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Hernia Repair Devices market.
- The market share of the global Hernia Repair Devices market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Hernia Repair Devices market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Hernia Repair Devices market.
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