The size of the Hernia Mesh Devices Market in the Asia-Pacific was worth USD 0.66 billion in 2023 and is projected to be growing at a CAGR of 5.1%, to touch USD 0.84 billion by 2028.
The APAC Hernia Mesh Devices Market is primarily expected to be driven by the expanding prevalence of hernia problems; the market for hernia mesh devices is growing. In addition, the effectiveness and advantages of mesh devices and the reimbursement scenario for hernia device procedures are expected to drive the growth of the hernia mesh devices market in this region.
Growing spending by crucial organizations and technical advancements, on the other hand, will enhance numerous prospects, resulting in the rise of the adoption of the hernia mesh devices in APAC. Furthermore, the growing population suffering from a hernia, particularly among the elderly and obese, and advancements in healthcare systems that have allowed for early detection and treatment of hernias are further estimated to favor the market growth during the forecast period.
The growing number of hernia mesh device manufacturers in the market, rising awareness regarding the benefits of mesh in hernia devices among the people, and technical improvements are expected to fuel the market's growth rate. Furthermore, emerging markets are likely to occur as viable growth regions for Asia-Pacific in the market. Other factors boosting the growth of the hernia device market in the Asia Pacific include the presence of a huge pool of hernia patients and an efficient and friendly healthcare system.
The high cost of mesh devices and extended waiting times are expected to limit the growth of the hernia mesh devices market in this region during the forecast period. The market is also likely to be constrained by a lack of sufficient infrastructure and facilities in rural places. Furthermore, rising pricing pressure on market participants and the requirement for experienced individuals to perform laparoscopic surgery are two of the market’s significant problems.
This research report on the APAC hernia mesh devices market has been segmented and sub-segmented into the following categories:
By Hernia Type:
By Product Type:
By Country:
Geographically, Factors such as the growing elderly population with consequent cardiovascular ailments and growing disposable incomes due to emerging economies in countries such as India and China are expected to lead the market's growth in this region. Asia-Pacific is a fast-developing Hernia Mesh Devices Market expected to grow at the highest CAGR due to the improving infrastructure, availability of massive untapped markets, and enormous population base. In addition, the low manufacturing cost of these products upholds a very healthy environment for market growth in this region.
KEY MARKET PLAYERS:
Companies playing a promising role in the Asia Pacific hernia mesh devices market profiled in this report are Medtronic (U.S.), Ethicon, Inc. (U.S.), C.R. Bard, Inc. (U.S.), Atrium (Sweden), W.L. Gore & Associates (Germany), Lifecell Corporation (U.S.), and B. Braun Melsungen AG (Germany).
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