PUBLISHER: The Business Research Company | PRODUCT CODE: 1464206
PUBLISHER: The Business Research Company | PRODUCT CODE: 1464206
Surgical meshes are medical devices crafted from synthetic or biological materials, designed to offer additional support to weakened or damaged tissue. These meshes find common applications in medical procedures such as the repair of pelvic organ prolapse and stress urinary incontinence in women, as well as in hernia repair surgeries. Their use aims to reinforce and provide structural support to tissues that may be compromised, facilitating the healing process and enhancing the overall integrity of the affected area.
The primary types of surgical mesh products include synthetic surgical meshes, biosynthetic surgical meshes, biologic surgical meshes, and hybrid or composite surgical meshes. Synthetic surgical meshes are medical devices made from synthetic materials, utilized to provide additional support to weakened or damaged tissue during surgical procedures. These meshes come in various types, such as absorbable surgical meshes, non-absorbable surgical meshes, and partially absorbable surgical meshes, categorized based on their nature. These meshes can be channeled through direct or indirect channels. Common applications of surgical meshes include hernia repair, addressing traumatic or surgical wounds, abdominal wall reconstruction, and facial surgery. These products are used in various healthcare settings, including hospitals, ambulatory surgical centers, clinics, and other medical facilities.
The surgical meshes research report is one of a series of new reports from The Business Research Company that provides surgical meshes market statistics, including the surgical meshes industry's global market size, regional shares, competitors with an surgical meshes market share, detailed surgical meshes market segments, market trends and opportunities, and any further data you may need to thrive in the surgical meshes industry. This surgical meshes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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 observed in the historic period in the surgical meshes market can be attributed to several factors. There was a high demand for advanced meshes, driven by the need for improved patient outcomes. The growth of the economy and population in many emerging countries played a role, leading to increased healthcare expenditure. Additionally, the high prevalence of obesity contributed to the demand for surgical meshes, as these are often used in procedures related to conditions such as hernia repair, which can be more common in obese individuals.
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%. In the forecast period, the growth in the surgical meshes market can be attributed to several factors. There is an increase in the number of surgical procedures, contributing to the demand for surgical meshes. The rising incidence of hernia, especially with an aging population, further fuels the market growth. Increased research and development activities, leading to technological advancements and product innovation, play a significant role. Geographic expansions by key players also contribute to market growth. Major trends expected in the forecast period include advancements in technology, innovative product offerings with surgical netting available in various sizes, textures, and types. High technological advancements in surgeries and the rising adoption of strategic initiatives by key players are also notable trends shaping the market landscape.
The anticipated increase in the number of surgical procedures is poised to drive the growth of the surgical meshes market. Surgical procedures, involving invasive medical interventions to address various health conditions or injuries, are on the rise, especially as populations age and experience age-related health issues that often necessitate surgery. Surgical meshes play a crucial role in these procedures, offering support in reinforcing weakened tissues, preventing hernia recurrence, aiding wound closure, facilitating minimally invasive techniques, and reducing complications such as adhesions. As an illustration, in January 2023, the International Society of Aesthetic Plastic Surgery reported a global increase of 19.3% in plastic surgery procedures in 2021, totaling over 12.8 million surgical and 17.5 million non-surgical interventions. Liposuction saw a significant surge of 24.8%, making it the leading cosmetic surgical procedure, while facial procedures increased by 14.8%. This surge in surgical interventions underscores the growing demand for surgical meshes. Consequently, the rising number of surgical procedures serves as a key driver propelling the growth of the surgical meshes market.
Leading companies in the surgical meshes market are actively engaged in the development of innovative products to cater to evolving customer needs. Notably, the introduction of dual surgical meshes, which combine permanent and temporary meshes, demonstrates a commitment to advanced features and improved patient outcomes. In February 2022, Futura Surgicare Pvt Ltd., an India-based surgical mesh manufacturer, launched its dual surgical mesh range. These meshes feature a lightweight design, reducing foreign body reactions, and a low profile, facilitating easy passage through trocars during surgical procedures. The precision laser-cut fused edges offer a permanent barrier for long-term protection against adhesion, shrinkage, and migration. Surgeons benefit from the flexibility to customize the mesh to specific needs without concerns about frayed or sharp edges.
In December 2021, Becton, Dickinson and Company, a US-based medical technology company, completed the acquisition of Tissuemed Ltd. for an undisclosed amount. This strategic move enhances BD's global offerings for surgeons, complementing its core portfolio with an innovative surgical sealant from Tissuemed. The acquisition strengthens BD's position in the biosurgery products market, reaffirming its reliability in the operating room. Tissuemed Ltd., based in the UK, is recognized for its expertise in manufacturing surgical mesh.
Major companies operating in the surgical meshes market report 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, Molnlycke 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
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.
The countries covered in the surgical meshes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The surgical mesh market consists of sales of macroporous meshes, microporous meshes and plaited polyester meshes. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Surgical Meshes Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on surgical meshes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for surgical meshes ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The surgical meshes market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.