USD 4.48 billion
Hernia Repair Devices Market Size, Share, Growth Analysis, By Type(Hernia Fixation Devices and Hernia Mesh), By Procedure(Open Surgery and Laparoscopic Surgery) - Industry Forecast 2024-2031
Report ID:
SQMIG35D2180 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
59 |
Figures:
75
Hernia Repair Devices Market Insights
Hernia Repair Devices Market size was valued at USD 4.48 billion in 2021 and is poised to grow from USD 4.61 billion in 2022 to USD 6.02 billion by 2030, at a CAGR of 3.0% during the forecast period (2023-2030).
The hernia repair market encompasses a wide range of medical devices, surgical techniques, and treatment options aimed at repairing and alleviating the symptoms associated with hernias. These include inguinal hernias (groin), umbilical hernias (belly button), hiatal hernias (upper stomach), and incisional hernias (resulting from previous surgical incisions). Several factors contribute to the growth of the global hernia repair market. Firstly, the rising prevalence of hernia cases across all age groups, particularly in the elderly population, is driving the demand for effective treatment options. Factors such as obesity, poor nutrition, smoking, and physical exertion can increase the risk of developing a hernia. Additionally, advancements in surgical techniques and the development of innovative medical devices have significantly improved the success rates of hernia repair surgeries. Minimally invasive procedures, such as laparoscopic and robotic-assisted surgeries, offer reduced recovery times, fewer complications, and improved patient outcomes. These advancements have spurred the adoption of hernia repair procedures globally. In conclusion, the global market is witnessing significant growth due to the increasing prevalence of hernia cases, advancements in surgical techniques, and the availability of innovative medical devices. With ongoing research and development efforts, the market is likely to experience further expansion, providing improved treatment options and outcomes for hernia patients worldwide.
US Hernia Repair Devices Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Hernia Mesh
Fastest Growth
Hernia Mesh
Growth Rate
3.0% CAGR
Global Hernia Repair Devices Market ($ Bn)
Country Share for North America Region (%)
Global Hernia Repair Devices Market By Type ($ Bn)
Global Hernia Repair Devices Market By End Type(%)
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Hernia Repair Devices Market Segmental Analysis
Global Hernia Repair Devices market is segmented on the basis of type, procedure, and region. By type, the market is segmented into Hernia Fixation Devices and Hernia Mesh. By procedure, the market is segmented into Open Surgery and Laparoscopic Surgery. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Hernia Repair Devices Market Analysis By Type
The Hernia Mesh segment holds a dominant position in the global hernia repair market. Hernia mesh refers to a surgical implant used to reinforce weakened tissue and provide support during hernia repair procedures. These meshes are typically made from synthetic materials or biological tissues. The dominance of the Hernia Mesh segment can be attributed to several factors. Firstly, hernia meshes offer advantages such as improved strength, durability, and reduced recurrence rates compared to traditional suture repairs. They provide effective reinforcement and support to weakened tissues, enhancing the overall success of the hernia repair procedure. Additionally, advancements in mesh design, including the development of lightweight, flexible, and biocompatible materials, have further contributed to the widespread adoption of hernia meshes. With their proven efficacy and growing acceptance among surgeons, the Hernia Mesh segment continues to dominate the market.
The Hernia Fixation Devices segment is the fastest-growing segment in the global hernia repair market. Hernia fixation devices are used to secure the hernia mesh in place during the surgical procedure. These devices include trackers, staples, sutures, and other fixation instruments. The segment's rapid growth can be attributed to several factors. Firstly, the increasing adoption of minimally invasive techniques, such as laparoscopic and robotic-assisted surgeries, has led to a surge in demand for hernia fixation devices. These devices enable secure and precise fixation of the mesh, ensuring optimal positioning and preventing post-operative mesh migration or displacement. Moreover, technological advancements in hernia fixation devices, including the development of absorbable tacks and self-fixating meshes, have further fueled their adoption. These devices offer advantages such as reduced tissue trauma, improved patient comfort, and faster recovery times. With the rising popularity of minimally invasive procedures and ongoing innovations in fixation devices, the Hernia Fixation Devices segment is projected to witness robust growth in the coming years.
Hernia Repair Devices Market Analysis By Procedure
The global hernia repair devices market can also be segmented based on the type of procedure, including Open Surgery and Laparoscopic Surgery. The dominant segment in the global Hernia Repair Devices market is Open Surgery. It involves making an incision near the hernia site to access and repair the hernia. Open surgery provides direct visibility and tactile feedback to the surgeon, allowing for precise repair. It is preferred in certain complex cases or when laparoscopic equipment is not readily available. The Open Surgery segment continues to dominate the market due to its established position, widespread adoption, and familiarity among surgeons.
On the other hand, Laparoscopic Surgery, also known as minimally invasive surgery, is experiencing rapid growth and is the fastest growing segment in the hernia repair market. Laparoscopic surgery involves making small incisions and inserting a thin tube with a camera (laparoscope) and surgical instruments into the abdomen. The surgeon uses the camera's visual feedback to guide the repair process. Laparoscopic surgery offers several advantages over open surgery, including smaller incisions, reduced post-operative pain, shorter hospital stays, faster recovery times, and improved cosmetic outcomes. These benefits have led to increasing acceptance and adoption of laparoscopic techniques by both surgeons and patients.
Global Hernia Repair Devices Market By Type, 2023 (%)
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Hernia Repair Devices Market Regional Insights
North America dominated the global Hernia Repair Devices market. The region has a well-established healthcare infrastructure, high healthcare expenditure, and a large patient population. Moreover, the presence of major market players and extensive research and development activities contribute to North America's dominance. The region benefits from advanced surgical techniques, a strong regulatory framework, and reimbursement policies, facilitating the adoption of innovative hernia repair products. North America is characterized by a high demand for minimally invasive procedures and technologically advanced hernia repair devices, such as robotic-assisted surgical systems. The dominating segment in North America is likely to be the inguinal hernia repair segment, given the high prevalence of inguinal hernias in the population.
The fastest-growing region in the global Hernia Repair Devices market is Asia Pacific. Factors driving this growth include increasing healthcare expenditure, improving healthcare infrastructure, rising awareness about hernia diagnosis and treatment, and a large patient population. The Asia Pacific region is witnessing a growing adoption of advanced surgical techniques and a shift towards minimally invasive procedures. The fastest growing segment in this region is expected to be the umbilical hernia repair segment. Umbilical hernias are relatively common in Asia Pacific countries, and the rising prevalence of obesity and pregnancy-related factors further contribute to the growth of this segment. Manufacturers are targeting the Asia Pacific market with innovative hernia repair products and expanding their distribution networks to tap into the region's growing demand.
Global Hernia Repair Devices Market By Geography, 2024-2031
- Largest
- Fastest
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Hernia Repair Devices Market Dynamics
Hernia Repair Devices Market Drivers
Growing Aging Population
- The aging population is more susceptible to hernia conditions, leading to a higher demand for Hernia Repair Devicess. As the global population continues to age, the prevalence of hernia is expected to increase, driving the demand for Hernia Repair Devicess.
Hernia Repair Devices Market Restraints
Stringent Regulatory Approval Processes
- The stringent regulatory approval processes imposed by regulatory authorities can pose challenges for market growth. Manufacturers must comply with safety and efficacy assessments, which can be time-consuming and resource-intensive, delaying the market entry of new products. Due to this the cost also increases making is a challenge for a rise in this market.
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Hernia Repair Devices Market Competitive Landscape
Leading multinational corporations have established strong brand identities and offer a wide range of hernia repair products, including meshes, surgical instruments, and other related devices. They invest heavily in research and development to introduce innovative solutions that improve patient outcomes and address unmet needs in hernia repair. In addition to established players, the market also witnesses the presence of smaller regional and niche players. These companies often specialize in specific product segments or focus on catering to niche markets. They play a significant role in driving innovation and offering specialized solutions tailored to specific patient requirements. Collaborations, partnerships, and strategic acquisitions are common strategies employed by companies to strengthen their market positions. These initiatives help in expanding product portfolios, accessing new markets, and leveraging complementary strengths. Moreover, companies actively engage in marketing and promotional activities to increase product visibility and market share.
Hernia Repair Devices Market Top Player’s Company Profiles
- Medtronic (Ireland)
- Johnson & Johnson (US)
- B. Braun Melsungen AG (Germany)
- C.R. Bard, Inc. (US)
- W. L. Gore & Associates, Inc. (US)
- Cook Medical (US)
- Baxter International Inc. (US)
- Ethicon, Inc. (US)
- Integra LifeSciences Corporation (US)
- Medline Industries, Inc. (US)
- Olympus Corporation (Japan)
- CooperSurgical, Inc. (US)
- Boston Scientific Corporation (US)
- Allergan (Ireland)
- Endo International plc (Ireland)
- Teleflex Incorporated (US)
- Atrium Medical Corporation (US)
- Herniamesh S.r.l. (Italy)
- Cousin Biotech (France)
- Aspide Medical (France)
Hernia Repair Devices Market Recent Developments
- In February 2023, the OviTex LR gadget started to come in two more variations, according to TELA Bio, Inc. The new configurations are ventral and incisional hernia-specific 15 x 20 cm and 15 x 25 cm ellipses.
- In December 2022, the US FDA has granted further 510(k) approval to Deep Blue Medical Advances for its T-Line Hernia Mesh for use in open hernia surgery using the tube technique.
Hernia Repair Devices Key Market Trends
- Several key market trends are shaping the global hernia repair market. Firstly, there is a growing demand for minimally invasive procedures. Techniques such as laparoscopic and robotic-assisted surgeries are gaining popularity due to their advantages, including reduced post-operative pain, faster recovery times, and minimal scarring. These procedures offer improved patient outcomes and are expected to witness continued adoption. Another significant trend is the development of innovative hernia repair materials and devices. Manufacturers are focusing on creating advanced meshes and biologic materials that enhance tissue integration, reduce complications, and provide long-term durability. The introduction of bioabsorbable and composite meshes is also gaining traction, as they offer improved flexibility and ease of use.
Hernia Repair Devices Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global Hernia Repair Devices market analysis, the market offers a range of treatment options for different types of hernias, including inguinal, umbilical, hiatal, and incisional hernias. Factors such as obesity, poor nutrition, and physical exertion contribute to the rising incidence of hernias, particularly among the elderly population. Advanced surgical techniques, such as laparoscopic and robotic-assisted surgeries, have improved patient outcomes and reduced recovery times. The market is driven by increasing awareness among healthcare professionals and patients, as well as favorable reimbursement policies. North America is leading the market, while the Asia Pacific region is witnessing significant growth due to rising healthcare expenditure and improving healthcare facilities. Ongoing research and development efforts are expected to further expand the market, providing better treatment options for hernia patients worldwide.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 4.48 billion |
| Market size value in 2031 | USD 6.02 billion |
| Growth Rate | 3.0% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Hernia Repair Devices Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Hernia Repair Devices Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Hernia Repair Devices Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Hernia Repair Devices Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Hernia Repair Devices Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Hernia Repair Devices Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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