Hernia Repair Devices Market Size By Product (Hernia Mesh {Biologic, Synthetic}, Fixation Devices {Tack, Sutures, Glue Applicators}), By Procedure (Open Surgery, Laparoscopic Surgery, Robotic Surgery), By Hernia Type (Inguinal Hernia, Ventral Hernia {Umbi

Hernia Repair Devices Market Size By Product (Hernia Mesh {Biologic, Synthetic}, Fixation Devices {Tack, Sutures, Glue Applicators}), By Procedure (Open Surgery, Laparoscopic Surgery, Robotic Surgery), By Hernia Type (Inguinal Hernia, Ventral Hernia {Umbilical Hernia, Incisional Hernia, Epigastric Hernia}, Femoral Hernia), By End-use (Hospitals, Ambulatory Surgical Centers, Clinics), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 - 2030

The global hernia repair devices market is set to register significant progression through 2030, driven by the increasing rollout of government-backed programs and initiatives focusing on creating awareness about hernia.

The rising incidences of hernia across the globe have encouraged governments and administrative authorities to implement necessary measures to bring the issue under cognition. For instance, the US observes the month of June as “National Hernia Awareness Month” every year. The country organizes a month-long campaign offering a novel platform to increase public knowledge about warning signs, symptoms, and the latest hernia treatment options.

The global hernia repair devices market is fragmented into the product, procedure, hernia type, end-use, and regional segments.

Regarding the product category, the fixation devices market is projected to exhibit a decent CAGR during the forecast period. The segment expansion can be attributed to the increasing utilization of fixation devices in hernia repair surgeries to support mesh fixation and avoid procedure failure. The rising incidences of hernia and associated surgical interventions may bolster the adoption of fixation devices in the coming years.

Based on procedure, the laparoscopic surgery segment accounted for an appreciable revenue share in 2021 and is estimated to depict commendable growth by 2030.

Laparoscopic repair surgery has evolved as a widely adopted technique for treating various abdominal wall hernias. These procedures are highly effective and safe in many clinical scenarios and are known to produce favorable outcomes. The involvement of significantly lower recurrence rates and wound morbidity offers them a competitive advantage over traditional hernia repair procedures.

With respect to hernia type, the femoral hernia segment is speculated to register noteworthy progress in the forthcoming years. Constituting about 3% of all groin hernias, femoral hernia involves several complications, including strangulation or incarceration, and surgical intervention is touted to be the only cure. In effect, the increasing number of femoral hernia repairs could bolster the hernia repair devices market outlook.

Concerning the end-use, ambulatory surgical centers held a decent market share in 2021. The segment may witness substantial growth over the analysis period driven by the fact that ambulatory surgery is considered superior to in‐hospital treatment. This can be attributed to reduced patient stress, faster patient flow, lower overall costs, and early mobilization.

Careful patient selection, utilization of local anesthesia, and avoidance of opioids during the early postoperative time across ASCs help avoid unforeseen hospitalization, fostering their growth in the foreseeable future.

Regionally, Europe is anticipated to emerge as a remunerative ground for hernia repair devices industry. The growth is backed by the expansion of the geriatric population base across the region as hernia is found to have a greater prevalence among the elderly. According to Eurostat, the share of people aged 80 years or more in the EU population may increase from 6.0 % to 14.6 % between 2021 and 2100. In addition, a considerable rise in healthcare expenditure and disposable incomes may boost the regional landscape.