Global Hernia Repair Market
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- Published date: July 2, 2021
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- Pune, Basia, Jharkhand, India
Global Hernia Repair Market was valued US$ 3.78 Bn in 2019, and expected to reach US$ XX Bn by 2026 at CAGR of XX% (Detailed analysis of the market CAGR is provided in the report).
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Global Hernia Repair Market is segmented by products, surgery type, and geography. Products segment is sub segmented as mesh, and mesh fixation. Mesh application segment is estimated to hold the largest market share in the forecast period due to the higher prices of meshes compared to mesh fixators. Surgery type segment is bifurcated as Inguinal, Incisional/Ventral, Umbilical, Femoral. Hernia type is bifurcated as Incisional Hernia, Umbilical Hernia, Inguinal Hernia, Femoral Hernia, and Others. The market based on geography is segmented by North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.
Hernia is a medical condition where an organ or fatty tissue bulges out through a weak spot where they are normally contained. Hernia repair is a surgical operation for the treatment of a hernia and is one of the most commonly performed surgical procedures worldwide. The rising adoption of mesh in hernia repair surgeries, rising geriatric population, new product developments, and favorable reimbursement scenario in developed countries are the major factors driving the growth of this market.
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