U.S. Hernia Repair Devices Market Size & Outlook, 2022-2030
U.S. hernia repair devices market, 2018-2030 (US$M)
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U.S. hernia repair devices market highlights
- The U.S. hernia repair devices market generated a revenue of USD 2,745.3 million in 2022 and is expected to reach USD 3,685.3 million by 2030.
- The U.S. 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.
Hernia repair devices market data book summary
| Market revenue in 2022 | USD 2,745.3 million |
| Market revenue in 2030 | USD 3,685.3 million |
| Growth rate | 3.7% (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, U.S. accounted for 46.0% 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 North America, U.S. hernia repair devices market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,685.3 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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U.S. 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 77.27% in 2022. Horizon Databook has segmented the U.S. hernia repair devices market based on hernia mesh, hernia fixation devices covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S has a high prevalence of hernia with more than 1 million surgeries being performed each year in the country. The highest prevalence is of inguinal hernia with almost 800,000 surgeries performed per year. The risk of hernia has been observed to be more in men than in women.
Majority of these surgeries involve the use of some form of prosthetics such as surgical plugs or meshes. These meshes shrink up to 30% and plugs as much as 70%, thereby causing rigidness and inflammation in a patient’s body.
Favorable reimbursement scenario for hernia mesh is encouraging patients to opt for surgery, open or laparoscopic. Patients have easy access to detailed reimbursement codes and ratios by government as well as industry players.
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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 U.S. hernia repair devices market, including forecasts for subscribers. This country databook contains high-level insights into U.S. hernia repair devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. hernia repair devices market size, by product, 2018-2030 (US$M)
U.S. Hernia Repair Devices Market Share, 2022 & 2030 (US$M)
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