Global Hernia Repair Devices Market Report and Forecast 2023-2031

Global Hernia Repair Devices Market Report and Forecast 2023-2031

Global Hernia Repair Devices Market Outlook

The global hernia repair devices market value was USD 4.97 billion in 2022, driven by the technological advancements in hernia repair devices the globe. The market size is anticipated to grow at a CAGR of 5.7% during the forecast period of 2023-2031 to achieve a value of USD 8.17 billion by 2031.

Hernia Repair Devices: Introduction

Hernia repair devices are medical devices used to treat patients suffering from hernias. A hernia is a medical condition that occurs when a tissue, organ, or part of the intestine protrudes through a weak spot in the abdominal wall. Hernias can cause discomfort, pain, and can even lead to life-threatening complications if left untreated. Hernia repair devices are used to surgically repair the weakened area of the abdominal wall, which is causing the hernia. There are several types of hernia repair devices available, including mesh and non-mesh products.

The global hernia repair devices market is expected to grow due to the increasing prevalence of hernia and the rising demand for minimally invasive procedures. The market is also driven by technological advancements in hernia repair devices and the increasing number of surgical procedures performed globally. However, the high cost of hernia repair devices and the lack of skilled professionals in the field are some of the factors that may restrain market growth.

In terms of geography, the hernia repair devices market is dominated by North America, followed by Europe, due to the high prevalence of hernias and the increasing adoption of advanced surgical procedures in these regions. The Asia-Pacific region is expected to witness significant growth in the coming years, owing to the increasing healthcare expenditure, the rising geriatric population, and the increasing prevalence of obesity in the region.

Hernia Repair Devices Market Scenario

The global hernia repair devices market is expected to witness significant growth in the coming years due to the rising prevalence of hernia, increasing adoption of minimally invasive surgeries, and technological advancements in hernia repair devices. Hernia is a common medical condition that occurs when an organ or tissue protrudes through a weakened area of the abdominal muscles. The growing aging population and rising demand for advanced hernia repair devices are also driving the growth of the market.

North America and Europe dominate the global hernia repair devices market due to the presence of a large number of key players in the region, the increasing incidence of hernia, and the availability of advanced healthcare facilities. However, the Asia Pacific region is expected to witness significant growth in the coming years due to the increasing awareness about hernia repair devices, improving healthcare infrastructure, and rising healthcare expenditure in the region.

Overall, the hernia repair devices market is expected to continue to grow as more advanced devices are developed and as the demand for minimally invasive procedures increases.

Hernia Repair Devices Market Segmentations

Market Breakup by Product

• Polymeric and Prosthetic Mesh
• Endoscopy Instruments
• Surgical Instruments
• Biological Materials
• Others

Market Breakup by Procedure

• Open Surgery
• Tension-Free Repair
• Laparoscopic Surgery
• Others

Market Breakup by Surgery Type

• Inguinal Hernia
• Umbilical Hernia
• Incisional Hernia
• Femoral Hernia
• Others

Market Breakup by Region

• North America
• United States of America
• Canada
• Europe
• United Kingdom
• Germany
• France
• Italy
• Others
• Asia Pacific
• China
• Japan
• India
• ASEAN
• Australia
• Others
• Latin America
• Brazil
• Argentina
• Mexico
• Others
• Middle East and Africa
• Saudi Arabia
• United Arab Emirates
• Nigeria
• South Africa
• Others

Key Trends in the Hernia Repair Devices Market

Some key trends in the hernia repair devices market include:

• Minimally invasive procedures: There is a growing trend towards minimally invasive hernia repair procedures, such as laparoscopic and robotic-assisted surgeries. These procedures offer advantages such as smaller incisions, reduced pain, faster recovery, and shorter hospital stays.
• Technological advancements: The market is witnessing advancements in hernia repair devices, including the development of innovative mesh materials, fixation devices, and surgical techniques. These advancements aim to improve patient outcomes, reduce recurrence rates, and enhance the overall effectiveness of hernia repairs.
• Rising prevalence of hernias: The increasing prevalence of hernias, including inguinal, ventral, and hiatal hernias, is driving the demand for hernia repair devices. Factors such as obesity, aging population, and lifestyle choices contribute to the rising incidence of hernias globally.
• Focus on biologic meshes: There is a growing interest in the use of biologic meshes for hernia repair. Biologic meshes are derived from natural tissues and offer advantages such as reduced infection rates, decreased foreign body reactions, and improved tissue integration.
• Shift towards outpatient settings: There is an increasing preference for performing hernia repair procedures in outpatient or ambulatory surgery centres. This shift is driven by factors such as cost-effectiveness, convenience, and advancements in surgical techniques that allow for faster recovery and reduced hospital stays.
• Growing awareness and adoption in emerging markets: The awareness about hernia repair and the availability of advanced devices are increasing in emerging markets. This has led to a rise in demand for hernia repair devices in these regions.
• Emphasis on patient-specific treatment: Personalized medicine is gaining traction in the healthcare industry, and this trend is also reflected in hernia repair. Surgeons are increasingly tailoring treatment plans and selecting hernia repair devices based on individual patient characteristics and needs.

Hernia Repair Devices Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• Medtronic plc
• Johnson & Johnson Services, Inc.
• Becton, Dickinson and Company
• Atrium Insight Inc.
• W. L. Gore and Associates, Inc.
• B. Braun Melsungen AG
• Baxter International, Inc.
• Cook Group Incorporated
• Ethicon Inc.
• C.R. Bard, Inc.
• Lifecell Corporation
• Hernia Mesh S.R.L.

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