China Hernia Repair Devices Market Size & Outlook
China hernia repair devices market, 2018-2030 (US$M)
Related Markets
China hernia repair devices market highlights
- The China hernia repair devices market generated a revenue of USD 288.0 million in 2022 and is expected to reach USD 489.3 million by 2030.
- The China market is expected to grow at a CAGR of 6.8% 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 288.0 million |
| Market revenue in 2030 | USD 489.3 million |
| Growth rate | 6.8% (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, China accounted for 4.8% 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 Asia Pacific, China hernia repair devices market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 191.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Hernia Repair Devices Market Scope
Hernia Repair Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 72.6% in 2022. Horizon Databook has segmented the China hernia repair devices market based on hernia mesh, hernia fixation devices covering the revenue growth of each sub-segment from 2018 to 2030.
Large patient pool and unhealthy dietary habits are some of the key factors responsible for high prevalence of hernia in this country. Various efforts being taken by the government to manage healthcare costs related to hernia repair are expected to fuel the market growth over the forecast period. In July 2015, NCBI published an article about self-gripping Parietex ProGrip mesh.
Initially, only one hospital in China was equipped with Parietex ProGrip mesh to treat inguinal hernia. Around 90 patients were treated initially and were observed for 6 months. It was observed that no patient suffered from postsurgical complications or recurrence. Such studies encourage surgeons to opt for mesh in hernia treatment.
The 13th International Congress of Asia Pacific Hernia Society was held in China in September 2017. Such initiatives are expected to contribute to the rising awareness about advanced treatment methods, new products, and cost-effective treatment regimen, which are crucial, especially in developing countries.
Reasons to subscribe to China hernia repair devices market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China hernia repair devices market databook
-
Our clientele includes a mix of hernia repair devices market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China hernia repair devices market, including forecasts for subscribers. This country databook contains high-level insights into China hernia repair devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China hernia repair devices market size, by product, 2018-2030 (US$M)
China Hernia Repair Devices Market Share, 2022 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
