Hernia Repair Market - Forecast to 2023 Hernia Repair Market

Hernia Repair Market by Product (Mesh (Synthetic, Biologic), Mesh Fixation (Suture, Tack and Glue Applicator)), Surgery Type (Inguinal, Incisional/Ventral, Umbilical, Femoral), and Geography (America, Europe, Asia Pacific) - Forecast to 2023 [151 Pages Report] The Hernia Repair Market is expected to reach USD 4.75 Billion by 2023 from USD 3.97 Billion in 2017, at a CAGR of 3.0% during the forecast period. The increasing adoption of mesh in hernia repair surgeries, rising geriatric population, new product developments, and efficient reimbursement system in developed countries are the major factors driving the growth of the Hernia Repair Market during the forecast period. Don’t miss out on business opportunities in Hernia Repair Market. The hernia mesh segment is further categorized on the basis of type and surgery. On the basis of type, this market is segmented into synthetic and biologic mesh. In 2018, the synthetic mesh segment is expected to account for the largest share of the hernia mesh market. This large share can be attributed to the low cost of synthetic mesh in comparison to biologic mesh. Based on surgery, the Hernia Repair Market is segmented into inguinal hernia, incisional/ventral hernia, femoral hernia, and umbilical hernia. Of these, the inguinal hernia segment is expected to account for the largest market share in 2018. The large share of this segment is attributed to the high number of inguinal hernia repair surgeries performed worldwide every year. Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalyst.asp?id=203245450