NEWARK, Del, April 17, 2023 (GLOBE NEWSWIRE) -- During the forecast period 2023 to 2033, the ventral hernia treatment market is expected to grow at a value of 6.4% CAGR, according to Future Market Insights. By the year 2033, the global market for Ventral hernia treatment is expected to rise up to a market valuation of US$ 9.4 Billion. Growth of the market can be attributed to the increasing prevalence of ventral hernia, the growing adoption of minimally invasive surgical techniques, and the availability of advanced hernia repair products and solutions.
Another driver of the ventral hernia treatment market is the growing adoption of minimally invasive surgical techniques. Minimally invasive surgery (MIS) is a surgical approach that uses small incisions and specialized instruments to perform surgical procedures. Compared to traditional open surgery, MIS is associated with less pain, scarring, and complications, as well as faster recovery times for patients. This has led to an increasing demand for MIS techniques in ventral hernia repair, driving the growth of the market.
For Details on Vendors and Their Offerings – Request A Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-17034
The availability of advanced hernia repair products and solutions is also contributing to the growth of the ventral hernia treatment market. Companies such as Medtronic and Becton Dickinson & Company are developing innovative mesh products and surgical instruments that provide support to the weakened or damaged tissue in the abdominal wall and help prevent the hernia from recurring. These products are often designed to be minimally invasive and have improved safety and efficacy profiles compared to traditional hernia repair methods.
Key Takeaways from the Market Study
- The global ventral hernia treatment market is expected to grow with a 6.4% CAGR during 2023 to 2033.
- By end use, hospitals are expected to hold 48% of the market share in 2023 for Ventral hernia treatment market.
- North America is expected to possess 46% market share for Ventral hernia treatment market in 2023.
- Europe Ventral hernia treatment market size is expected to possess 38% market share in 2023.
“The rising geriatric population and the increasing demand for better healthcare infrastructure in emerging economies are expected to drive the growth of the market in the coming years,” states an FMI analyst
Competitive Landscape
Key players in the ventral hernia treatment market are Medtronic, Becton Dickinson & Company, Braun Melsungen AG, Cook Medical Inc., Cooper Companies Inc., Baxter International, Inc., Integra LifeSciences, W.L. Gore & Associates, AbbVie, Johnson & Johnson Services, Inc.
- Medtronic has developed minimally invasive surgical techniques and technologies that can be used to repair ventral hernias. These techniques often result in less pain and scarring, shorter hospital stays, and faster recovery times for patients.
- Becton Dickinson & Company collaborates with healthcare professionals to develop and improve hernia treatment solutions. This includes conducting clinical research and providing training and education to surgeons and other medical professionals.
Ask More About This Market's Geographical Distribution Along With a Detailed Analysis of the Top Regions@ https://www.futuremarketinsights.com/ask-question/rep-gb-17034
More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global Ventral hernia treatment market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.
The study reveals essential insights on the basis of Type (Epigastric (stomach area) hernia, Umbilical (belly button) hernia, Incisional hernia) Diagnosis (Ultrasound, CT Scan, MRI) Surgery Type (Open hernia surgery, Laparoscopic surgery, Robotic hernia surgery) End-use (Hospitals, Ambulatory Surgical Centres, Clinics) Region (North America, Latin America, Europe, South Asia, East Asia, Oceania)
Key Segments Profiled in the Ventral Hernia Treatment Industry Survey
Type:
- Epigastric (stomach area) hernia
- Umbilical (belly button) hernia
- Incisional hernia
Diagnosis:
- Ultrasound
- CT Scan
- MRI
Surgery Type:
- Open hernia surgery
- Laparoscopic surgery
- Robotic hernia surgery
End-use:
- Hospitals
- Ambulatory Surgical Centres
- Clinics
Browse Detailed Summary of Research Report@ https://www.futuremarketinsights.com/reports/ventral-hernia-treatment-market
Table of Content
1. Executive Summary | Ventral Hernia Treatment Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Ventral Hernia Treatment Market Analysis 2018-2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018-2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Ventral Hernia Treatment Market Analysis 2018-2022 and Forecast 2023 to 2033, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Type, 2018-2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Type, 2023 to 2033
5.3.1. Epigastric (stomach area) hernia
5.3.2. Umbilical (belly button) hernia
5.3.3. Incisional hernia
5.4. Y-o-Y Growth Trend Analysis By Type, 2018-2022
5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033
Buy Now to Gain Access to Detailed Information About Each Segment and Identify Key Trends, Drivers, and Challenges in the Market@ https://www.futuremarketinsights.com/checkout/17034
Have a Look at Related Reports of Healthcare domain
Extended Release Drugs Market Size: Sales in the extended release drugs market are expected to rise at a CAGR of 11% over the forecast period 2022-2032.
Microbial Gene Editing Services Market Share: Global microbial gene editing services demand is anticipated to be valued at US$ 5.35 Billion in 2022, forecast to grow at a CAGR of 19% to be valued at US$ 30.5 Billion from 2022 to 2032.
Digital Barometer Market Demand: Global digital barometer demand is anticipated to be valued at US$ 1.03 Billion in 2022, forecast to grow at a CAGR of 3.5% to be valued at US$ 1.46 Billion from 2022 to 2032.
Pericarditis Treatment Market Forecast: The worldwide pericarditis treatment market is likely to be worth US$ 3.60 Billion in 2022, and is anticipated to grow at a CAGR of 5.24% during the projected period, reaching US$ 6 Billion by 2032.
Multi-item patient monitor Market Growth: Global Multi-item patient Monitor demand is anticipated to be valued at US$ 39.0 Billion in 2022, forecast to grow at a CAGR of 3.61% to be valued at US$ 55.6 Billion from 2022 to 2032.
About the Healthcare at Future Market Insights
The healthcare domain team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations with an objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analyzing the industry lucidly in 50+ countries for over a decade. The team provides a brief analysis of key trends including competitive landscape, profit margin, and research development efforts.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, US, and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
