Spain Hernia Mesh Devices Market Size & Outlook, 2023-2030
Spain hernia mesh devices market, 2018-2030 (US$M)
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Spain hernia mesh devices market highlights
- The Spain hernia mesh devices market generated a revenue of USD 88.8 million in 2023 and is expected to reach USD 134.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, inguinal was the largest revenue generating hernia type in 2023.
- Femoral 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 88.8 million |
| Market revenue in 2030 | USD 134.7 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Inguinal |
| Fastest growing segment | Femoral |
| 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, Spain accounted for 1.7% 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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Spain 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 76.24% in 2023. Horizon Databook has segmented the Spain hernia mesh devices market based on inguinal, incisional, femoral covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing healthcare spending, growing health tourism, and rising disease prevalence are among the major factors contributing to hernia mesh devices market growth. Healthcare spending increased to approximately 9.21% of the GDP. Moreover, increasing influx of medical tourists for hernia procedures in Spain seeking affordable treatment is expected to fuel the market growth in the near future.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain hernia mesh devices market , including forecasts for subscribers. This country databook contains high-level insights into Spain hernia mesh devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain hernia mesh devices market size, by hernia type, 2018-2030 (US$M)
Spain Hernia Mesh Devices Market Outlook Share, 2023 & 2030 (US$M)
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