Canada Hernia Mesh Devices Market Size & Outlook
Canada hernia mesh devices market, 2018-2030 (US$M)
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Canada hernia mesh devices market highlights
- The Canada hernia mesh devices market generated a revenue of USD 238.4 million in 2023 and is expected to reach USD 373.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, inguinal was the largest revenue generating hernia type in 2023.
- Incisional is the most lucrative hernia type segment registering the fastest growth during the forecast period.
Hernia mesh devices market data book summary
| Market revenue in 2023 | USD 238.4 million |
| Market revenue in 2030 | USD 373.3 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Inguinal |
| Fastest growing segment | Incisional |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inguinal, Incisional, Femoral |
| Key market players worldwide | Johnson & Johnson, LifeCell International, B. Braun, Baxter International Inc, Getinge AB ADR, Herniamesh, COOK, W.L. Gore & Associates, Becton Dickinson & Co |
Other key industry trends
- In terms of revenue, Canada accounted for 4.5% of the global hernia mesh devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. hernia mesh devices market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,801.9 million by 2030.
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Hernia Mesh Devices Market Scope
Hernia Mesh Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada hernia mesh devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hernia mesh devices market will help companies and investors design strategic landscapes.
Inguinal was the largest segment with a revenue share of 74.75% in 2023. Horizon Databook has segmented the Canada hernia mesh devices market based on inguinal, incisional, femoral covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing number of hernia cases is a major factor contributing to market growth in the country. More than 55,000 surgeries are performed per year in the country. There is growing concern about recalls of hernia mesh in Canada.
Furthermore, in July 2019, the Canadian government announced the completion of a review on the safety of synthetic surgical mesh, a nonabsorbable mesh, used for transvaginal repair of Pelvic Organ Prolapse (POP) in the country.
According to the review, nonabsorbable synthetic transvaginal mesh must be used only in specific patient groups and not for some types of POP repair.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada hernia mesh devices market , including forecasts for subscribers. This country databook contains high-level insights into Canada hernia mesh devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada hernia mesh devices market size, by hernia type, 2018-2030 (US$M)
Canada Hernia Mesh Devices Market Outlook Share, 2023 & 2030 (US$M)
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