Press release
Hernia Repair Market Overview and Regional Outlook Study 2020 - 2030
A hernia is a medical ailment in which a hole or a sensitive area in the muscle or connective tissue around an organ or fatty tissue is present. Some of the most frequent forms include inguinal, femoral, incisional, ventral, umbilical, and hiatal hernias, which are typically brought on by obesity, diarrhoea, constipation, and prolonged coughing or sneezing. Laparoscopic and open repair treatments are two common surgical and non-surgical ways to address the problem. These methods make use of a variety of repair tools, including as consumables, prosthesis, and fixation devices. The tools help with abdominal wall repair and closure, as well as mitigating the risk of hernia recurrence.The Hernia Repair Market is anticipated to grow at a substantial CAGR of 4.40%. It is projected that the Market Value will further reach up to USD 8.5 Billion in the forecast period 2022-2030.
The increasing prevalence of hernias, technological breakthroughs in the field, such as biological mesh, reimbursement convenience, and increased public knowledge of effective repair procedures are the main growth factors for the hernia repair market. Nearly 20 million people had hernia repair surgery last year, according to a report called International Guidelines from the National Center for Biotechnology Information. The development of the worldwide hernia repair market may be hampered by the high cost of mesh repair and a shortage of qualified professionals. The market for hernia repair is expanding as a result of the ageing population, as well as the prevalence of many hernia patients.
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Global Hernia Repair Market: Major Players
Cousin Biotech
B. Braun Melsungen AG
Herniamesh
Feg Textiltechnik MBH
Cook Medical
Integra Lifesciences
Maquet Holding
C.R. Bard
Ethicon
Lifecell
Via Surgical
Covidien
Aspide Medical
W. L. Gore & Associates
Transeasy Medical Tech
Dipromed
Global Hernia Repair Market: By Types
Hernia Mesh
Mesh Fixator
Others
Global Hernia Repair Market: By Applications
Inguinal Hernia Repair
Ventral Hernia Repair
Umbilical Hernia Repair
Femoral Hernia Repair
Global Hernia Repair Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Hernia Repair market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Questions Answered in this Report:
• What is the breakup of the market based on the surgery type?
• What is the breakup of the market based on the hernia type?
• What is the breakup of the market based on the end-user?
• What are the various stages in the value chain of the industry?
• How has the global hernia repair market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global hernia repair market and who are the key players?
• What is the degree of competition in the industry?
• What has been the impact of COVID-19 on the global hernia repair market?
• What is the breakup of the market based on the product type?
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