Increase in the presence of hernia and rising geriatric population is fueling the demand for the hernia mesh market.
Market Size – USD 4.22 Billion in 2018, Market Growth – CAGR of 3.9%, Market Trends – The rapid adoption of an alternative lifestyle.
NEW YORK, May 13, 2019 (GLOBE NEWSWIRE) -- The Global Hernia Mesh Market is forecast to reach USD 5.78 Billion by 2026, according to a new report by Reports and Data. Hernia often occurs at the abdominal wall. It is generally visible as an external bulge especially during straining or bearing down. It affects people to a large extent. Hernia causes significant pain and discomfort. The growing geriatric population is more vulnerable to it. Old age, pregnancy, muscle strain, surgery, and obesity increases the risk of hernia.
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The hernia mesh market has increased in the past couple of years mainly due to the rise in population of elderly and growing cases of hernia. Huge demand for advanced biological meshes, an increase in obesity and acceptance of robotic surgeries is pushing the growth of the market. Increase in biological and synthetic meshes and growth in tension-free hernia repair procedure is escalating the market for hernia mesh.
North America dominated the market in the year 2018 owing to the high number of cases of the target disorder and increase in adoption of surgical meshes as a treatment option. A large number of people suffering from diseases, sedentary lifestyle practices, improved healthcare facilities and rise in adoption of surgical meshes as a treatment option are fueling the market growth.
Market players collaborate with each other to widen their network and offering. In April 2010, Ethicon launched Proceed Ventral Patch (PVP) device for the treatment of umbilical hernia.
Further key findings from the report suggest
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Segments covered in the report:
For the purpose of this report, Reports and Data have segmented the global Hernia Mesh Market on the basis of Hernia Type, Mesh Type, Synthetic Structure Type, Synthetic Product Type, End Users, and Region:
Hernia Type Outlook (Revenue, USD Billion; 2016-2026)
Mesh Type Outlook (Revenue, USD Billion; 2016-2026)
Synthetic Structure Type Outlook (Revenue, USD Billion; 2016-2026)
Synthetic Product Type Outlook (Revenue, USD Billion; 2016-2026)
End Users Outlook (Revenue, USD Billion; 2016-2026)
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2018-2026)
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