Mexico Hernia Mesh Devices Market Size & Outlook
Mexico hernia mesh devices market, 2018-2030 (US$M)
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Mexico hernia mesh devices market highlights
- The Mexico hernia mesh devices market generated a revenue of USD 97.8 million in 2023 and is expected to reach USD 155.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.8% 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 97.8 million |
| Market revenue in 2030 | USD 155.3 million |
| Growth rate | 6.8% (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, Mexico accounted for 1.9% 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 Latin America, Brazil hernia mesh devices market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 126.6 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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Mexico 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 74.13% in 2023. Horizon Databook has segmented the Mexico hernia mesh devices market based on inguinal, incisional, femoral covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is regarded as a center for low-cost procedures. The regulatory framework is not well defined, and numerous medical facilities offer surgery at significantly lower costs than developed countries, especially the U.S.
This contributes to the country's high demand for hernia mesh devices, strengthening the market. Many hospitals in the country perform both laparoscopic and open surgeries, which increases the adoption of hernia mesh devices.
In Mexico, the average cost of hernia repair surgery is USD 4,500. The reimbursement includes the cost of surgery, which includes surgeons’ fees, operating room charges, and anesthesiologists’ fees.
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Our clientele includes a mix of hernia mesh devices market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico hernia mesh devices market , including forecasts for subscribers. This country databook contains high-level insights into Mexico hernia mesh devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico hernia mesh devices market size, by hernia type, 2018-2030 (US$M)
Mexico Hernia Mesh Devices Market Outlook Share, 2023 & 2030 (US$M)
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