The surgical meshes global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Surgical Meshes Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The surgical meshes market size has grown strongly in recent years. It will grow from $1.87 billion in 2023 to $2.03 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to high demand for advanced meshes, improved patient outcomes, growing economy and population in many emerging countries, growing health expenditure, high prevalence of obesity.
The surgical meshes market size is expected to see strong growth in the next few years. It will grow to $2.66 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to increase in the number of surgical procedures, rising incidence of hernia, aging population, increasing research and development activities, geographic expansions. Major trends in the forecast period include technological advancements, product innovation, availability of surgical netting in various sizes, textures, types, use of high technological advancements in surgeries, rising adoption of strategies by key players.
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Scope Of Surgical Meshes Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Surgical Meshes Market Overview
Market Drivers –
The increasing number of surgical procedures is expected to propel the growth of the surgical meshes market going forward. A surgical procedure is a medical intervention or treatment method that involves the use of invasive techniques to address a health condition or injury. As populations age, there’s a natural increase in age-related conditions requiring surgery, such as joint replacements, cataract surgery, and heart bypass procedures. Surgical meshes are necessary for surgical procedures to reinforce weakened tissues, prevent hernia recurrence, aid wound closure, augment tissues in reconstructive surgeries, facilitate minimally invasive techniques, and reduce complications such as adhesions. For instance, in January 2023, according to a report published by the International Society of Aesthetic Plastic Surgery, a US-based professional body for board-certified aesthetic plastic surgeons, plastic surgeons reported a 19.3% global rise in procedures in 2021, totaling over 12.8 million surgical and 17.5 million non-surgical interventions. Further, liposuction emerged as the foremost cosmetic surgical procedure, experiencing a 24.8% surge, while facial procedures, up by 14.8%. Therefore, the increasing number of surgical procedures is driving the growth of the surgical meshes market
Market Trends –
Major companies operating in the surgical meshes market are developing innovative products, such as dual surgical meshes to better serve customers with advanced features. These meshes are a type of surgical mesh that combines permanent and temporary meshes. For instance, in February 2022, Futura Surgicare Pvt Ltd., an India-based manufacturer of surgical meshes, launched the dual surgical mesh range. The unique features of the surgical meshes include their lightweight design, which facilitates reduced foreign body reactions, while their low profile enables easy passage through trocars during surgical procedures. It offers a permanent barrier to provide long-term protection against adhesion, shrinkage, and migration, thanks to their precision laser-cut fused edges. Additionally, they offer surgeons the flexibility to easily customize the mesh to fit specific needs without worrying about frayed or sharp edges.
The surgical meshes market covered in this report is segmented –
1) By Product Type: Synthetic Surgical Meshes, Biosynthetic Surgical Meshes, Biologic Surgical Meshes, Hybrid Or Composite Surgical Meshes
2) By Nature: Absorbable Surgical Meshes, Non-Absorbable Surgical Meshes, Partially Absorbable Surgical Meshes
3) By Sales Channel: Direct Channel, In-Direct Channel
4) By Application: Hernia Repair, Traumatic Or Surgical Wounds, Abdominal Wall Reconstruction, Facial Surgery
5) By End-User: Hospitals, Ambulatory Surgical Centers, Clinics, Other End-Users
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Regional Insights –
North America was the largest region in the surgical mesh market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surgical meshes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the surgical meshes market are Medtronic Plc, Becton, Dickinson and Company, Boston Scientific Corporation, B. Braun Melsungen AG , Zimmer Biomet Holdings Inc., Ethicon Inc., W. L. Gore & Associates Inc., Maquet Getinge Group, Mölnlycke Health Care AB, C.R. Bard Inc., LifeNet Health Inc., TELA Bio, LifeCell International Pvt. Ltd., Lotus Surgicals Private Limited, Dolphin Sutures, Orion Sutures India Pvt. Ltd., Tepha Inc., Cousin Biotech S.A.S, Dipromed, Medical Devices Business Services Inc., Betatech Medical, Vitrex Medical A / S, Pierson Surgical Ltd., Altaylar Medical
Table of Contents
1. Executive Summary
2. Surgical Meshes Market Report Structure
3. Surgical Meshes Market Trends And Strategies
4. Surgical Meshes Market – Macro Economic Scenario
5. Surgical Meshes Market Size And Growth
…..
27. Surgical Meshes Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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