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Market Overview

The surgical meshes market has witnessed significant growth in recent years, driven by various factors including technological advancements and increasing surgical procedures. The market size surged from $1.87 billion in 2023 to $2.03 billion in 2024, reflecting a compound annual growth rate (CAGR) of 8.3%. This growth is attributed to the high demand for advanced meshes, improved patient outcomes, and the growing economy and population in emerging countries.

Looking ahead, the market is expected to continue its upward trajectory, reaching $2.66 billion by 2028 at a CAGR of 7.0%. This anticipated growth is fueled by the increase in surgical procedures, the rising incidence of hernias, the aging population, and expanding research and development activities.

Growth Drivers

Rising Number of Surgical Procedures

• Increasing Procedures:The growing number of surgical interventions is a major driver for the surgical meshes market. Aging populations are more prone to conditions requiring surgery, such as joint replacements and heart bypasses.
• Global Surge in Surgeries:For instance, in January 2023, the International Society of Aesthetic Plastic Surgery reported a 19.3% global rise in procedures, highlighting a surge in cosmetic and reconstructive surgeries.
• Role of Surgical Meshes:Surgical meshes are crucial for reinforcing weakened tissues, preventing hernia recurrence, aiding wound closure, and facilitating minimally invasive techniques.

Read More On The Surgical Meshes Market Report 2024 – https://www.thebusinessresearchcompany.com/report/surgical-meshes-global-market-report

Key Market Trends

Technological Advancements

• Innovative Products:Companies are developing advanced products like dual surgical meshes. These meshes combine permanent and temporary features, offering benefits such as reduced foreign body reactions and easy customization.
• Recent Innovations:For example, Futura Surgicare Pvt Ltd. launched a dual surgical mesh range in February 2022 with features such as precision laser-cut fused edges and a lightweight design.

Product Variety and Customization

• Diverse Mesh Types:The market offers various types of surgical meshes including synthetic, biosynthetic, biologic, and hybrid or composite meshes.
• Customization:The availability of surgical netting in various sizes, textures, and types enhances flexibility and effectiveness in surgical procedures.

Major Companies

Several prominent players are leading the surgical meshes market:

• Medtronic Plc
• Becton, Dickinson and Company
• Boston Scientific Corporation
• Braun Melsungen AG
• Zimmer Biomet Holdings Inc.
• Ethicon Inc.
• L. Gore & Associates Inc.
• Maquet Getinge Group
• Mölnlycke Health Care AB
• R. Bard Inc.
• LifeNet Health Inc.
• TELA Bio
• LifeCell International Pvt. Ltd.
• Lotus Surgicals Private Limited

Strategic Developments

Becton, Dickinson and Company’s Acquisition

• Tissuemed Ltd. Acquisition:In December 2021, Becton, Dickinson and Company acquired Tissuemed Ltd., a UK-based manufacturer of surgical mesh. This acquisition enhances BD’s global offerings and introduces an innovative surgical sealant to their product suite.

Market Segmentation

The surgical meshes market is segmented as follows:

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
   • Indirect 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

Regional Insights

• North America:Dominated the surgical meshes market in 2023.
• Asia-Pacific:Expected to be the fastest-growing region during the forecast period.

In summary, the surgical meshes market is set for robust growth, driven by technological advancements, increased surgical procedures, and strategic developments by major players. The industry is poised to continue evolving with innovations that enhance surgical outcomes and patient safety.

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