Hernia Repair Market worth $5.1 billion by 2029
Hernia Repair Market in terms of revenue was estimated to be worth $4.1 billion in 2024 and is poised to reach $5.1 billion by 2029, growing at a CAGR of 4.2% from 2024 to 2029 according to a new report by MarketsandMarkets™. Factors such as increasing hernia prevalence, rising geriatric population, technological advancement, increasing adoption of mesh in hernia repair surgeries, new product development,...
Market Current Trends : Hernia Repair Market by Product Globally Grow at a CAGR of 3.0% by Revenue During the Period
The Research Report on “Hernia Repair Market by Product (Mesh (Synthetic, Biologic), Mesh Fixation (Suture, Tack and Glue Applicator)), Surgery Type (Inguinal, Incisional/Ventral, Umbilical, Femoral), and Geography (America, Europe, Asia Pacific) – Forecast”, is projected to reach USD 4.75 billion by 2023 from USD 4.09 billion in 2018, at a CAGR of 3.0% during the forecast period.
Driver:...
Worldwide Hernia Repair Market Size, Opportunities for Revenue Growth, and Future Forecast
The increasing number of hernia repair procedures, advantages of mesh in hernia repair, and technological advancements are the major factors driving the hernia repair market. In addition, emerging markets are expected to emerge as potential areas of opportunity for players in this market.
What the Market Looks Like?
Predicted to grow at a CAGR of 3.0% during the forecast period, the Global Hernia...