Global Hernia Repair Fixation Devices Market Growth (Status and Outlook) 2024-2030

Global Hernia Repair Fixation Devices Market Growth (Status and Outlook) 2024-2030

Hernia is a type of disease in which the inner layers of abdominal muscles become weak, and the lining of abdomen bulges out into a small sac. It can affect multiple areas such as navel (umbilical hernia), groin (inguinal hernia), or incision site of surgery (post-surgery hernia). Watchful waiting and surgical procedures are the two measures by which hernia can be treated. The surgical procedures consist of two methodssuch as open tension-free repair surgery and laparoscopy. These surgeries are performed using mesh which are made up of synthetic material or biological material with the help of fixation devices. Fixation devices are further segmented into tack and other fixation devices, where the tack segment is further sub-segmented into absorbable tack and non-absorbable tack.

The global Hernia Repair Fixation Devices market size is projected to grow from US$ 1701 million in 2024 to US$ 2158 million in 2030; it is expected to grow at a CAGR of 4.0% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Hernia Repair Fixation Devices Industry Forecast” looks at past sales and reviews total world Hernia Repair Fixation Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Hernia Repair Fixation Devices sales for 2023 through 2029. With Hernia Repair Fixation Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hernia Repair Fixation Devices industry.

This Insight Report provides a comprehensive analysis of the global Hernia Repair Fixation Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Hernia Repair Fixation Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hernia Repair Fixation Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hernia Repair Fixation Devices and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hernia Repair Fixation Devices.

Every year, about 20 million inguinal hernia repair surgeries are performed across the world. In the U.S., around 150 thousand incisional hernia repair surgeries are performed yearly. The major factors that contribute toward the growth of the hernia repair consumables market include high adoption rate of tension-free hernia repair surgical procedures, increase in demand for advanced mesh, rising adoption of robotic surgeries, and high prevalence rate of hernia across the world. However, high cost of hernia repair procedures and unfavorable reimbursement policies would hamper the market growth in the near future. On the contrary, the development of novel hernia products including biological mesh as well as high market potential in developing countries are expected to provide lucrative growth opportunities for the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Hernia Repair Fixation Devices market by product type, application, key players and key regions and countries.

Segmentation by Type:
Absorbable Tack
Non-absorbable Tack
Others

Segmentation by Application:
Hospital
Specialist Clinic
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Absorbable Tack
Non-absorbable Tack
Others

Segmentation by Application:
Hospital
Specialist Clinic
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Johnson & Johnson (Ethicon Inc.)
BD
Medtronic Plc.
Transeasy
Atrium
TELA Bio
Gore Medical
B. Braun Melsungen AG
Herniamesh S.r.l.
Cook Medical, Inc
Baxter International Inc
The Cooper Companies, Inc
Allergan Plc. (LifeCell Corporation)

Please note: The report will take approximately 2 business days to prepare and deliver.