Hernia Repair Devices Market - By Product (Hernia Mesh, Fixation Devices), By Procedure (Open Surgery, Laparoscopic Surgery, Robotic Surgery), By Hernia Type (Inguinal Hernia, Ventral Hernia, Femoral Hernia), By End-use - Global Forecast, 2023-2032
Hernia repair devices market is expected to record around 5.2% CAGR from 2023 to 2032 owing to the increasing prevalence of hernias worldwide, coupled with a growing aging population. According to the WHO data, between 2015 and 2050, the proportion of the world population aged 60 or more years nearly doubled from 12% to 22%.
Rising awareness about the benefits of early diagnosis and treatment has led to a surge in demand for advanced hernia repair devices. Moreover, technological advancements in surgical procedures and the development of minimally invasive techniques have further contributed to the market's upward trajectory.
The hernia repair devices market is classified based on product, procedure, hernia type, end-use, and region.
The fixation devices segment is predicted to witness substantial growth through 2032. Fixation devices, such as hernia mesh and tack applicators, are essential components in hernia repair surgeries, providing stability and support to the damaged tissue. Continuous R&D activities aim to enhance the effectiveness and safety of fixation devices, reducing the risk of postoperative complications. The increasing preference for minimally invasive procedures, improved patient outcomes, and reduced recovery times will push the product demand.
The laparoscopic surgery segment will generate massive revenues in the market by 2032. Laparoscopic techniques offer several advantages over traditional open surgeries, including smaller incisions, reduced postoperative pain, and quicker recovery times. As a result, there is a growing shift towards laparoscopic procedures for hernia repair. Advanced laparoscopic tools and devices, such as trocars, graspers, and cameras, are integral to ensuring the success of minimally invasive hernia repair surgeries. The increasing adoption of minimally invasive techniques by surgeons and the positive outcomes associated with these procedures are influencing the adoption of laparoscopic surgery.
Asia Pacific hernia repair devices Market is anticipated to record strong demand through 2032 due to a large population base, increasing healthcare infrastructure, and rising awareness about hernia treatment options. The economic development in countries like China and India is leading to an increase in healthcare expenditure, driving the demand for advanced hernia repair devices. This will present lucrative opportunities for key players in the industry.