France Hernia Mesh Devices Market Size & Outlook
France hernia mesh devices market, 2018-2030 (US$M)
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France hernia mesh devices market highlights
- The France hernia mesh devices market generated a revenue of USD 134.6 million in 2023 and is expected to reach USD 218.6 million by 2030.
- The France market is expected to grow at a CAGR of 7.2% 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 134.6 million |
| Market revenue in 2030 | USD 218.6 million |
| Growth rate | 7.2% (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, France accounted for 2.5% 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 Europe, Germany hernia mesh devices market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 218.6 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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France 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 74.52% in 2023. Horizon Databook has segmented the France hernia mesh devices market based on inguinal, incisional, femoral covering the revenue growth of each sub-segment from 2018 to 2030.
France has a significant prevalence of hernia, with almost 154,000 people suffering from the condition. The most frequently used technique for hernia repair in the country is plug and patch. Various institutes, such as L’Institut De La Hernie, offer specialized hernia repair services, thus promoting awareness and treatment in the country.
The French fee schedule classifies all procedures for reimbursement, wherein the charge for each procedure is calculated by multiplying its relative value by the conversion factor. The charge for a hernia repair is coded as KC-50, where K signifies diagnostic procedures and KC indicates the coverage for surgical procedures.
Moreover, local companies are forming strategic partnerships to strengthen their global presence. In September 2020, Peters Surgical Group partnered with Cousin Medical Group to strengthen its market position in the highly competitive hernia mesh devices market.
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Horizon Databook provides a detailed overview of country-level data and insights on the France hernia mesh devices market , including forecasts for subscribers. This country databook contains high-level insights into France hernia mesh devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France hernia mesh devices market size, by hernia type, 2018-2030 (US$M)
France Hernia Mesh Devices Market Outlook Share, 2023 & 2030 (US$M)
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