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Hernia Repair Market is predicted to expand to USD 5.63 billion by 2032, at a CAGR of 4.1% from 2024 to 2032

06-26-2024 12:32 PM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Hernia Repair Market

Hernia Repair Market

Hernia Repair-Market Insights, Size Revenue, Outlook, Overview, and Analysis. The global hernia repair market was estimated to be worth USD 3.95 billion in 2023 and is predicted to expand to USD 5.63 billion by 2032, with a CAGR of 4.1% during the forecast period 2024-2032.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐œ๐จ๐ฉ๐ž:

This comprehensive study provides an accurate overview of the worldwide hernia repair industry. It includes comprehensive analyses of sales volume, price, revenue, market share, and important companies. The market is further divided into segments by clinical indication, product, surgery type, end user, and region, offering a comprehensive picture of the market's state.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/hernia-repair-market/request-for-sample

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

A hernia occurs when internal organs or tissues protrude through the wall surrounding them. Hernia repair is the surgical procedure to treat this condition. There are two varieties: hernioplasty and herniorrhaphy. This procedure may correct hernias in the brain, diaphragm, abdomen, groin, or at the site of a prior operation. Hernia repairs are frequently done on an outpatient basis.

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ:
โ€ข The increased morbidity among hernia patients has encouraged medical technology businesses in the hernia repair industry to enhance R&D spending on novel instruments and solutions.

โ€ข During the projection period, the hernia repair market CAGR is expected to be positive, driven by the rising prevalence of hernias associated with increased obesity rates, an older population, and rapid lifestyle changes.

๐“๐จ๐ฉ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ:
Because there are so many companies in the industry, it is expected to be both competitive and fragmented. Here are the top companies in the market:
โ€ข AbbVie Inc.
โ€ข B. Braun SE
โ€ข Baxter International Inc.
โ€ข Becton Dickinson and Company
โ€ข Cook Group Inc
โ€ข Ethicon Inc.
โ€ข Integra Lifesciences Holdings Corporation
โ€ข Medtronic plc
โ€ข W. L. Gore & Associates

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/3472/2

๐‡๐ž๐ซ๐ง๐ข๐š ๐‘๐ž๐ฉ๐š๐ข๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข The open surgery segment established itself as the market leader, capturing a significant revenue share in 2023. This dominance is attributed to advantages such as the overall cost-effectiveness of the treatment and a diminished occurrence of postoperative complications.

โ€ข During the projected period, the Inguinal hernia segment held the majority of the revenue share. This dominance is driven by factors such as patient preference for convenient procedures and the widespread acceptance of this treatment.

โ€ข The North American region took the lead in the global market, securing the largest market share in 2023. This dominance is attributed to the extensive utilization and significant demand for hernia repair, with the United States, in particular, standing out due to its highest adoption of hernia repair and notable emphasis on biological mesh devices.
Country-Wise Insights:

According to regional research, in 2023, North America led the market. North America, home to big industrial businesses, has easy access to cutting-edge hernia repair solutions. Rising healthcare expenses and quicker FDA approvals have an impact on growth. Furthermore, the Asia-Pacific region is predicted to have the fastest hernia repair market growth during the evaluated period.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐“๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐ก๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/hernia-repair-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:

Polaris Market Research has segmented the Hernia Repair market report based on clinical indication, product, surgery type, end user, and region:
Hernia Repair, Clinical Indication Outlook (Revenue - USD Billion, 2019 - 2032)
๏‚ง Inguinal Hernia
๏‚ง Femoral Hernia
๏‚ง Ventral Hernia
o Epigastric Hernia
o Umbilical Hernia
o Incisional Hernia
๏‚ง Hiatial Hernia
๏‚ง Others

Hernia Repair, Product Outlook (Revenue - USD Billion, 2019 - 2032)
๏‚ง Suture
o Non-Absorbable Suture
o Absorbable Suture
๏‚ง Mesh
o Biologic Mesh
o Synthetic Mesh
๏‚ง Mesh Fixator
o Glue Applicators
o Tach Applicators
๏‚ง Others

Hernia Repair, Surgery Type Outlook (Revenue - USD Billion, 2019 - 2032)
๏‚ง Laparoscopic Surgery
๏‚ง Open Surgery
๏‚ง Robotic Surgery

Hernia Repair, End User Outlook (Revenue - USD Billion, 2019 - 2032)
๏‚ง Ambulatory Surgical Centers
๏‚ง Hospitals & Clinics
๏‚ง Others

Hernia Repair, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
๏‚ง North America
o U.S.
o Canada
๏‚ง Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Netherlands
๏‚ง Asia Pacific
o China
o India
o Japan
o South Korea
o Indonesia
o Malaysia
๏‚ง Latin America
o Argentina
o Brazil
o Mexico
๏‚ง Middle East & Africa
o UAE
o Saudi Arabia
o Israel
o South Africa

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:
Viscosupplementation Market: https://www.openpr.com/news/3453968/viscosupplementation-market-is-projected-to-grow-to-us-12-94

Dental Implants Market: https://www.openpr.com/news/3453999/dental-implants-market-is-expected-to-grow-at-a-cagr-of-8-90

Real-Time Location Systems Market: https://www.polarismarketresearch.com/industry-analysis/real-time-location-systems-market

Exhaust System Market: https://www.polarismarketresearch.com/industry-analysis/exhaust-system-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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