Global Hernia Mesh Devices Market to Reach $6.81 Billion by 2028 at a CAGR of 5.15%

Dublin, April 03, 2023 (GLOBE NEWSWIRE) -- The "Global Hernia Mesh Devices Market (2023-2028) by Product Type, Procedure Type, Surgery Type, and Geography, Competitive Analysis, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to's offering.

The Global Hernia Mesh Devices Market is estimated to be USD 5.3 Bn in 2023 and is expected to reach USD 6.81 Bn by 2028, growing at a CAGR of 5.15%.

Market dynamics are forces that impact the prices and behaviors of the Global Hernia Mesh Devices Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors.

There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing the risks.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Hernia Mesh Devices Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Hernia Mesh Devices Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Hernia Mesh Devices Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Key Attributes:

Report AttributeDetails
No. of Pages192
Forecast Period2023 - 2028
Estimated Market Value (USD) in 2023$5.3 Billion
Forecasted Market Value (USD) by 2028$6.81 Billion
Compound Annual Growth Rate5.1%
Regions CoveredGlobal

Market Dynamics


  • High Incidence Rate of Hernia Mesh
  • Lack of Poor Nutrition and Unhealthy Lifestyle


  • Hernia Mesh Repair Failure


  • Advantages of Using Mesh in Hernia Repair
  • Technological Advancements in Articulating Fixation Devices and Self-Fixating


  • Potential Adverse Events in Hernia Repair

Market Segmentation

The Global Hernia Mesh Devices Market is segmented based on Product Type, Procedure Type, Surgery Type, and Geography.

  • By Product Type, the market is classified into Hernia Fixation Device and Hernia Mesh.
  • By Procedure Type, the market is classified into Laparoscopic Surgery and Open Surgery.
  • By Surgery Type, the market is classified into Femoral Hernia, Incisional Hernia, Inguinal Hernia, and Umbilical Hernia.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Companies Mentioned

  • Abbott Laboratories Inc.
  • Aran Biomedical
  • Atrium Medical
  • B Braun Melsungen Ag
  • Baxter International, Inc.
  • Becton, Dickinson & Company
  • Cook Medical Inc.
  • Cousin-Biotech SAS
  • Deep Blue Medical Advances Inc
  • Dolphin Sutures
  • Hernia Mesh S.R.L
  • HWAINMEDI Co. Ltd.
  • Johnson & Johnson
  • Kerecis
  • Lotus Surgicals Pvt. Ltd.
  • Medtronic PLC
  • Merck KGaA
  • Meril Life Sciences Pvt. Ltd.
  • Nanovis Inc.
  • WL Gore & Associates Inc.

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Global Hernia Mesh Devices Market

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