North America Hernia Repair Devices Market Size & Outlook
North America hernia repair devices market, 2018-2030 (US$M)
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North America hernia repair devices market highlights
- The North America hernia repair devices market generated a revenue of USD 3,015.5 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 3,015.5 million |
| Market revenue in 2030 | USD 4,047.4 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, North America region accounted for 50.5% 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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North America 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 77.12% in 2022. Horizon Databook has segmented the North America hernia repair devices market based on hernia mesh, hernia fixation devices covering the revenue growth of each sub-segment from 2018 to 2030.
The North America region includes the U.S. and Canada. Presence of well-developed reimbursement network, favorable government funding, and increasing awareness are boosting the adoption of hernia repair devices in hospitals.
Furthermore, technological advancements in hernia repair devices are supporting the market growth. North America dominated the market in 2020. Sedentary lifestyle, high cost of treatment, increasing elderly population, and high recurrence rate of hernia are some of the factors responsible for the largest share held by North America.
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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 continent-level data and insights on the North America hernia repair devices market, including forecasts for subscribers. This continent databook contains high-level insights into North America hernia repair devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America hernia repair devices market size, by country, 2018-2030 (US$M)
North America Hernia Repair Devices Market Share, 2022 & 2030 (US$M)
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