Hernia Repair Market by Product (Mesh (Synthetic, Biologic), Suture (Absorbable, Non-Absorbable), Tack, Glue Applicator), Indication (Inguinal, Incisional, Umbilical, Epigastric, Femoral, Hiatal), Surgery, End-user - Global Forecast to 2029

Hernia Repair Market by Product (Mesh (Synthetic, Biologic), Suture (Absorbable, Non-Absorbable), Tack, Glue Applicator), Indication (Inguinal, Incisional, Umbilical, Epigastric, Femoral, Hiatal), Surgery, End-user - Global Forecast to 2029

The global hernia repair market is projected to reach USD 5.1 billion by 2029 from USD 4.1 billion in 2024, growing at a CAGR of 4.2% during the forecast period. The increasing number of hernia repair procedures is one of the major factors anticipated to boost market growth in the forecasting years. Additionally, the high cost of meshes affects the growth of the Hernia repair market.

“The mesh segment to hold the largest share of the market in 2024.”

Based on product, the hernia repair market is segmented into mesh, sutures, mesh fixator, and other products. The mesh is segmented into synthetic and biologic mesh, while the mesh fixator is further segmented into tack applicators and glue applicators. The hernia repair market is expected to be dominated by mesh segment during the forecast period. The meshes are expected to propel due to their high prices as compared to other hernia products.

“The inguinal hernia segment to hold the largest share of the market in 2024.”

Based on clinical indication, hernia repair is segmented into inguinal hernia, ventral hernia, femoral hernia, hiatial hernia and other clinical indications. Inguinal hernia segment is expected to dominate the hernia repair market during the forecast period. With the high number of inguinal hernia repair surgeries performed leading to the growth of this market segment.

“The open surgery segment to hold the largest share of the market in 2024.”

Based on the surgery type, the hernia repair market is segmented into laparoscopic surgery, open surgery

and robotic surgery. The open surgery segment is estimated to hold the largest market share of the hernia repair market during the forecast period. Less recurrence rate by the open surgery type leads to the increasing adoption of surgery method for hernia repair.

“The hospitals & clinics segment to hold the largest share of the market in 2024.”

The end user market is segmented into hospitals & clinics, ambulatory surgical centers, and other end users. Hospitals & clinics accounted for the largest share of the global hernia repair market in 2023 during the forecasted years. This can be attributed to the high patient inflow in this care setting. Only hospitals and clinics can provide the care and monitoring required in exceptionally severe cases, which also accounts for their dominance in the market.

“The market in the North America region is expected to hold a significant market share for hernia repair in 2022.”

The hernia repair market covers five key geographies—North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2023, a significant market share for hernia repair was held by the market in the North American region, comprising the US and Canada. The strong demand for and adoption of hernia repair in the US led to the growth of the Hernia repair market in this region.

A breakdown of the primary participants referred to for this report is provided below:

By Company Type: Tier 1– 31%, Tier 2– 49%, and Tier 3– 28%

By Designation: C-level– 28%, Directors– 19%, and Others– 53%

By Region: North America– 34%, Europe– 36%, Asia Pacific– 22%, Latin America- 6%, MEA- 2%

The prominent players in the hernia repair market are Ethicon Inc. (US), AbbVie Inc. (US), Medtronic plc (Ireland), Becton Dickinson and Company (US), Baxter International Inc. (US), B. Braun SE (Germany), W. L. Gore & Associates (US), Cook Group Inc (US) and Integra Lifesciences Holdings Corporation (US), among others.

Research Coverage

This report studies the hernia repair market based on product, clinical indication, surgery type, end user, and region. It also covers the factors affecting market growth, analyzes the various opportunities and challenges in the market, and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micro markets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five main regions (and the respective countries in these regions).

Reasons to Buy the Report

The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies to strengthen their market presence.

This report provides insights on the following pointers:

Analysis of key drivers (increasing hernia prevalence, effectiveness of mesh repair, availability of reimbursement, technological advancement), restraints (hernia mesh recall and market withdrawals, high costs of mesh repair and availability of less-expensive approaches, long waiting times in developed countries), opportunities (growth potential offered by emerging markets), and challenges (increasing pricing pressure on market players in developed markets, dearth of expertise in laparoscopic surgery) influencing the growth of the hernia repair market

Market Penetration: Comprehensive information on the product portfolios offered by the top players in the hernia repair market

Service Development/Innovation: Detailed insights on the upcoming trends, R&D activities, and service developments in the hernia repair market

Market Development: Comprehensive information on lucrative emerging regions

Market Diversification: Exhaustive information about new services, growing geographies, and recent developments in the hernia repair market

Competitive Assessment: In-depth assessment of market segments, growth strategies, revenue analysis, and services of the leading market players.