India Hernia Repair Devices Market Size & Outlook
India hernia repair devices market, 2018-2030 (US$M)
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India hernia repair devices market highlights
- The India hernia repair devices market generated a revenue of USD 237.7 million in 2022 and is expected to reach USD 420.7 million by 2030.
- The India market is expected to grow at a CAGR of 7.4% 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 237.7 million |
| Market revenue in 2030 | USD 420.7 million |
| Growth rate | 7.4% (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, India accounted for 4.0% 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.
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Hernia Repair Devices Market Scope
Hernia Repair Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 81.36% in 2022. Horizon Databook has segmented the India hernia repair devices market based on hernia mesh, hernia fixation devices covering the revenue growth of each sub-segment from 2018 to 2030.
India held more than 30.00% share of Asia Pacific hernia repair devices market in 2020. In December 2015, PARAS Hospital launched special clinics to treat hernia. In these clinics, patients are offered specialized knowledge about hernia treatment and prevention of recurrence.
In addition, according to CMO, hospital awareness about hernia in the West is relatively high as compared to that in low socioeconomic countries such as India. Lower awareness in these countries in comparison with Western countries may be responsible for the lesser number of cases being diagnosed in these countries. Hence, such initiatives being undertaken are critical for raising awareness in the country.
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Our clientele includes a mix of hernia repair devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India hernia repair devices market, including forecasts for subscribers. This country databook contains high-level insights into India hernia repair devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India hernia repair devices market size, by product, 2018-2030 (US$M)
India Hernia Repair Devices Market Share, 2022 & 2030 (US$M)
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