Thailand Hernia Mesh Devices Market Size & Outlook
Thailand hernia mesh devices market, 2018-2030 (US$M)
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Thailand hernia mesh devices market highlights
- The Thailand hernia mesh devices market generated a revenue of USD 61.7 million in 2023 and is expected to reach USD 101.0 million by 2030.
- The Thailand market is expected to grow at a CAGR of 7.3% 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 61.7 million |
| Market revenue in 2030 | USD 101.0 million |
| Growth rate | 7.3% (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, Thailand accounted for 1.2% 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 Asia Pacific, India hernia mesh devices market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 110.3 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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Thailand 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 73.91% in 2023. Horizon Databook has segmented the Thailand hernia mesh devices market based on inguinal, incisional, femoral covering the revenue growth of each sub-segment from 2018 to 2030.
The consumption of medical devices is on the higher side in Thailand. This is owing to the growth of medical services. In recent years, technological improvements in hernia mesh devices have accelerated.
To address the issues that arise during the laparoscopic procedure, articulating fixation devices as well as self-fixating (gripping) mesh have been developed. Furthermore, such devices provide surgeons with improved access to weak regions in the abdominal wall and allow them to safely insert mesh at the required body site, promoting regional market expansion.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand hernia mesh devices market , including forecasts for subscribers. This country databook contains high-level insights into Thailand hernia mesh devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand hernia mesh devices market size, by hernia type, 2018-2030 (US$M)
Thailand Hernia Mesh Devices Market Outlook Share, 2023 & 2030 (US$M)
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