Europe Hernia Mesh Repair Devices Market Growing at Huge CAGR of 5.6% With Hernia Mesh are Inguinal Hernia, Incisional Hernia, Umbilical Hernia, Femoral Hernia, Hiatal Hernia, Parastomal Hernia, Others and Forecast by 2024Market is dominated by JOHNSON & JOHNSON SERVICES, INC, followed by Medtronic and B. Braun Melsungen.
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Synthetic mesh segment is expected to dominate the Europe hernia mesh repair devices market.
The hernia mesh repair devices market in the Europe region is leading in Germany, France, U.K., Italy and Spain. Germany accounts for the highest market share in this region.
Scope of the Report:
The Europe hernia mesh repair devices market is segmented on the basis of product type, hernia type. On the basis of type, the Europe hernia mesh repair devices market is segmented into synthetic mesh and biologic mesh. In 2017, synthetic mesh is expected to dominate the Europe hernia mesh repair devices market with 63.97% market share and is expected to reach USD 1,044.60 million by 2024, growing a CAGR of 4.5% in the forecast period 2017 to 2024.
On the basis of hernia type, the Europe hernia mesh repair devices market is segmented into inguinal hernia, incisional hernia, umbilical hernia, femoral hernia, hiatal hernia, parastomal hernia and others. In 2017, inguinal hernia is expected to dominate the Europe hernia mesh repair devices market with 70.9% market share and is expected to reach USD 1,181.26 million by 2024, growing at the highest CAGR of 4.8% in the forecast period 2017 to 2024.
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The Europe Hernia Mesh Repair Devices Market is expected to reach USD 1,681.39 million by 2024, from USD 1,159.34 million in 2016 growing at a CAGR of 4.9% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Europe is the growing market for hernia mesh repair devices. The major factors driving the growth of this market are increasing number of hernia surgeries, increasing prevalence of hernia diseases, increasing demand for advanced meshes and technological advancements.
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Global Hernia Mesh Repair Devices Market – Industry Trends and Forecast to 2024
Global Hernia Mesh Repair Devices Market by Product Type (Synthetic Mesh, Biologic Mesh), By Hernia Mesh (Inguinal Hernia, Incisional Hernia, Umbilical Hernia, Femoral Hernia, Hiatal Hernia, Parastomal Hernia, Others), By Geography (North America, Europe, APAC, South America, Middle East and Africa)– Industry Trends and Forecast to 2024
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