Europe Hernia Repair Devices Market Size & Outlook
Europe hernia repair devices market, 2018-2030 (US$M)
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Europe hernia repair devices market highlights
- The Europe hernia repair devices market generated a revenue of USD 1,271.8 million in 2022.
- The market is expected to grow at a CAGR of 3.7% 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.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 1,271.8 million |
| Market revenue in 2030 | USD 1,703.2 million |
| Growth rate | 3.7% (CAGR from 2022 to 2030) |
| Largest segment | Hernia mesh |
| Fastest growing segment | Hernia Fixation Devices |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Europe region accounted for 21.3% of the global hernia repair devices market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,703.2 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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Europe 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 71.21% in 2022. Horizon Databook has segmented the Europe hernia repair devices market based on hernia mesh, hernia fixation devices covering the revenue growth of each sub-segment from 2018 to 2030.
Hernia repair is one of the most common surgical procedures performed in Europe. The manufacturers are focused on developing novel biodegradable mesh to minimize complications in patients. In February 2016, an EU-funded Green Nano Mesh was launched for bio-based, eco-friendly treatment of hernia, which is likely to cause lesser harm to patients.
Green Nano Mesh is nano-scaled, fibrous, and biodegradable. It was developed with the help of green nanotechnology and sustainable resources sponsored by the pan European organization. Multiple scientific techniques, such as freeze drying, green cross-linking, electro-spinning, dip coating, and supercritical CO2 technology methods, were used to develop these hernia meshes.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe hernia repair devices market, including forecasts for subscribers. This continent databook contains high-level insights into Europe hernia repair devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe hernia repair devices market size, by country, 2018-2030 (US$M)
Europe Hernia Repair Devices Market Share, 2022 & 2030 (US$M)
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