At 4.6% CAGR, Global Hernia Repair Devices Market to Surpass US$ 6.2 Bn By 2024, Forecast Report By Zion Market Research

January 19, 2024

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Hernia Repair Devices Market

Global and regional projections and analysis for hernia repair devices are covered in the research. In addition to historical data from 2015, 2016, and 2017, the study projects income (in US dollars) from 2018 to 2024. The market drivers and constraints for hernia repair devices are included in the report, along with their effects on demand during the projection period. The assessment of potential in the worldwide and regional hernia repair devices market is another addition to the report.

We have incorporated a competitive landscape and an analysis of Porter’s Five Forces model for the hernia repair devices market to provide users of this study with a thorough understanding of the industry. In the study, the market segmentation by mesh, by fixation, by approach, procedure, by care setting, and by region is benchmarked based on their market size, growth rate, and overall attractiveness. This is known as the market attractiveness analysis.

In order to provide a more comprehensive picture of the major market players, the research includes a company market share analysis. The research also discusses important strategic developments in the market, such as agreements, partnerships, collaborations & joint ventures, new product launches, acquisitions & mergers, and geographical growth of significant players operating in the market both globally and regionally.

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The analysis divides the market into segments according to mesh, fixation, approach, technique, care setting, and area to present a clear picture of the hernia repair devices industry. Based on current and anticipated trends, every segment has been examined, and the market’s size is projected through 2024. The market for hernia repair devices is divided into synthetic and biological segments based on mesh. The market for hernia repair equipment is divided into four segments based on fixation: glue, staples, sutures, and tack. Because tack is more expensive than other fixation methods, it is anticipated to gain the greatest market share in the fixation segment. The market for hernia repair devices is expanding at the fastest rate possible thanks to the growing use of adhesive.

Demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa is included in the regional segmentation, which is further broken down into important nations like the United States, Canada, Germany, France, the United Kingdom, China, Japan, India, and Brazil.

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Comprehensive profiles of end players, including Medtronic Plc, Integra LifeSciences, Betatech Medikal, Insightra Medical Inc., B. Braun Melsungen AG, Cook Medical Inc., Cooper Surgicals Inc., Baxter International Inc., LifeCell Corporation, W. L. Gore & Associates, Inc., C.R. Bard, Herniamesh S. R. L., and others, are also included in the report.

This report segments the global hernia repair devices market as follows: