Brazil Hernia Repair Devices Market Size & Outlook
Brazil hernia repair devices market, 2018-2030 (US$M)
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Brazil hernia repair devices market highlights
- The Brazil hernia repair devices market generated a revenue of USD 167.9 million in 2022 and is expected to reach USD 228.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.9% from 2023 to 2030.
- In terms of segment, hernia mesh was the largest revenue generating product in 2022.
- Hernia Fixation Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Hernia repair devices market data book summary
| Market revenue in 2022 | USD 167.9 million |
| Market revenue in 2030 | USD 228.5 million |
| Growth rate | 3.9% (CAGR from 2022 to 2030) |
| Largest segment | Hernia mesh |
| Fastest growing segment | Hernia Fixation Devices |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hernia Mesh, Hernia Fixation Devices |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, BD, W.L. Gore & Associates, LifeCell International, B. Braun, Baxter International Inc, COOK, Herniamesh, Atrium Health |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.8% of the global hernia repair devices market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil hernia repair devices market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 137.3 million by 2030.
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Hernia Repair Devices Market Scope
Hernia Repair Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil hernia repair 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 repair devices market will help companies and investors design strategic landscapes.
Hernia mesh was the largest segment with a revenue share of 66.65% in 2022. Horizon Databook has segmented the Brazil hernia repair devices market based on hernia mesh, hernia fixation devices covering the revenue growth of each sub-segment from 2018 to 2030.
Immense growth in incisional hernia market is majorly driving the growth of the entire market in Brazil. Moreover, use of biologic and composite meshes along with 3D surgical technique has contributed to the growth of the market.
In August 2014, an International Hernia Symposium was held at the University of the State of Amazonas, Manaus. Moreover, local doctors were provided specialized training of various hernia repair techniques to treat the increasing cases of hernia in Brazil.
Around 89.00 hernia repair surgeries were performed in that year specifically in the state of Amazonas. Of these, nine patients underwent more than one type of hernia repair surgeries. The humanitarian mission provided hernia treatment to the underserved population of Brazil. Furthermore, providing training to local physicians helps provide local sustainability.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil hernia repair devices market, including forecasts for subscribers. This country databook contains high-level insights into Brazil hernia repair devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil hernia repair devices market size, by product, 2018-2030 (US$M)
Brazil Hernia Repair Devices Market Share, 2022 & 2030 (US$M)
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