Europe Hernia Mesh Repair Devices Market – Industry Trends and Forecast to 2024

  • Surgical Devices
  • Published Report
  • Nov 2017
  • Europe
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Europe Mesh Repair Devices Market by Product Type (Synthetic Mesh, Biologic Mesh), By Hernia Mesh (Inguinal Hernia, Incisional Hernia, Umbilical Hernia, Femoral Hernia, Hiatal Hernia, Parastomal Hernia, Others), By Country (Germany, United Kingdom, France, Spain, Italy, Russia, Turkey, Belgium, Nether lands, Switzerland, Rest of Europe)– Industry Trends and Forecast to 2024

The Europe Hernia Mesh Repair Devices Market is expected to reach USD 1,681.39 million by 2024, from USD 1,159.34 million in 2016 growing at a CAGR of 4.9% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

The major factors driving the growth of this market are increasing number of hernia surgeries, increasing prevalence of hernia diseases, increasing demand for advanced meshes and technological advancements. On the other hand, high cost of hernia surgery and problems related with hernia mesh repair surgery hinders the market growth. The hernia mesh repair devices market in the Europe region is leading in Germany.

Market Segmentation: Europe Hernia Mesh Repair Devices Market

  • The Europe hernia mesh repair devices market is segmented on the basis of product type, hernia type. On the basis of type, the Europe hernia mesh repair devices market is segmented into synthetic mesh and biologic mesh. In 2017, synthetic mesh is expected to dominate the Europe hernia mesh repair devices market with 63.97% market share and is expected to reach USD 1,044.60 million by 2024, growing a CAGR of 4.5% in the forecast period 2017 to 2024.
  • On the basis of hernia type, the Europe hernia mesh repair devices market is segmented into inguinal hernia, incisional hernia, umbilical hernia, femoral hernia, hiatal hernia, parastomal hernia and others. In 2017, inguinal hernia is expected to dominate the Europe hernia mesh repair devices market with 70.9% market share and is expected to reach USD 1,181.26 million by 2024, growing at the highest CAGR of 4.8% in the forecast period 2017 to 2024.

Key Drivers: Europe Hernia Mesh Repair Devices Market

Europe is the growing market for hernia mesh repair devices. The major factors driving the growth of this market are increasing number of hernia surgeries, increasing prevalence of hernia diseases, increasing demand for advanced meshes and technological advancements.

Key Points: Europe Hernia Mesh Repair Devices Market

  • Europe hernia mesh repair devices market is dominated by JOHNSON & JOHNSON SERVICES, INC, followed by Medtronic and B. Braun Melsungen.
  • Synthetic mesh segment is expected to dominate the Europe hernia mesh repair devices market.
  • The hernia mesh repair devices market in the Europe region is leading in Germany, France, U.K., Italy and Spain. Germany accounts for the highest market share in this region.

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