Spain Hernia Repair Devices Market Size & Outlook
Spain hernia repair devices market, 2018-2030 (US$M)
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Spain hernia repair devices market highlights
- The Spain hernia repair devices market generated a revenue of USD 116.4 million in 2022 and is expected to reach USD 151.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 3.3% 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 116.4 million |
| Market revenue in 2030 | USD 151.5 million |
| Growth rate | 3.3% (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, Spain accounted for 2.0% 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 Europe, Germany hernia repair devices market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 259.0 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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Spain 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 74.05% in 2022. Horizon Databook has segmented the Spain hernia repair devices market based on hernia mesh, hernia fixation devices covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing healthcare spending, growing health tourism, and rising disease prevalence are among the major factors contributing to hernia repair devices market growth. The per capita health spending increased to 8.5% in 2018 from 2017. Moreover, increasing influx of medical tourists for hernia procedures in Spain seeking affordable treatment is expected to fuel the market growth in the near future.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain hernia repair devices market, including forecasts for subscribers. This country databook contains high-level insights into Spain hernia repair devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain hernia repair devices market size, by product, 2018-2030 (US$M)
Spain Hernia Repair Devices Market Share, 2022 & 2030 (US$M)
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