Hernia Repair Devices Market Size, Share and Global Trend By Type (Inguinal, Incisional, Femoral, Umbilical, Others), By Product (Fixation Equipment, Surgical Implants, Polymeric & Prosthetics Mesh, Biologic Materials Mesh), By End User (Hospitals, Clinic, Ambulatory Surgical Centers, Others), and Regional Forecast, 2024-2032
KEY MARKET INSIGHTS
A Hernia is referred to a medical condition where there is an abnormal exit of an organ or tissue through the weak spot surrounding connective tissue or muscle, where it normally resides. A hernia is classified into different types such as inguinal, femoral, incisional, umbilical and others. The most common type of hernia is the inguinal hernia. According To the Asia Pacific Hernai Soceity (Aphernia), estimated 93.0% cases of hernia are inguinal. In Australia, inguinal hernias are common, with approximately 3 percent women and 27 percent men developing one during their lifetime.
Increased prevalence of hernias, increasing aging population, increasing incidences of obesity, technological advancements in minimally invasive hernia treatment procedures, and demand for preventive medical care are some of the major factors driving the growth of the global hernia repair devices market. In a clinical review published by the National Center for Biotechnology Information (NCBI), in 2008, it was reported that the rate of usage of surgical procedures for the treatment of hernia ranged from 10 per 100,000 of the population in the U.K. and 28 per 100,000 of the population in the U.S.The clinical review also stated that inguinal hernias were the most common form of abdominal wall hernia, constituting about 75% of the total abdominal wall hernias. These trends combined with the other factors are expected to drive the growth of the global hernia repair devices market growth during the forecast period.
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Inadequate reimbursement policies for hernia repair devices in emerging countries, and lack of diagnosis rates of hernia in developing countries are some of the factors restraining the growth of the global hernia repair devices market during the forecast period of 2019-2026.
Key Players Covered
Some of the major companies that are present in the global hernia repair devices market are B. Braun Melsungen AG, Cook, Ethicon USA, LLC., Medtronic, ALLERGAN, C. R. Bard, Inc., and W. L. Gore & Associates, Inc. and others.
SEGMENTATION
SEGMENTATION | DETAILS |
By Type | · Inguinal · Incisional · Femoral · Umbilical · Others |
By Product | · Fixation Equipment · Surgical Implants · Polymeric & Prosthetics Mesh · Biologic Materials Mesh · Others |
By End User | · Hospitals · Clinic · Ambulatory Surgical Centers · Others |
By Geography | · North America (USA and Canada) · Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe) · Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific) · Latin America (Brazil, Mexico and Rest of Latin America) · Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa) |
In 2018 among types, inguinal hernai segment dominated the global hernia repair devices market due to the higher prevalence of inguinal hernia especially in developed countries, along with increasing adoption of biological mesh products for inguinal hernai repair.
Key Insights
- Pricing Analysis by Key Regions
- Hernia Repair Surgeries, By key Regions
- Reimbursement Scenario for key countries
- Recent industry developments such as partnerships, mergers, and acquisitions
Regional Analysis
North America accounts for the largest share in the global hernia repair devices market due to the increasing prevalence of hernias, and higher adoption of new and advanced hernia repair products in the reigon. Asia Pacific is anticipated to grow at a significant CAGR during the forecast period, due to the increasing incidence of hernia, aging population, and increasing patient population undergoing hernia repair procedures.
Key Industry Developments
- In June 2017, W. L. Gore & Associates, Inc., has received U.S. Food and Drug Administration (FDA) approval for its GORE SYNECOR preperitoneal Biomaterial hernia repair device.
- In June 2014, Medtronic announced the launch of Symbotex composite mesh in the US for surgical laparoscopic and open ventral hernia repair.
- Ongoing
- 2023
- 2019-2022
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