What is the global market size of Hernia Repair Devices Market?

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).

Who are the key vendors in the Global Hernia Repair Devices Market?

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. '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)'

What is the key driver of Global Hernia Repair Devices Market?

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.

What is the key market trend for Global Hernia Repair Devices Market?

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.

Which region accounted for the largest share in Hernia Repair Devices Market?

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.

Hernia Repair Devices Market Companies

Hernia Repair Devices Market Competitive Landscape

Top Players in Hernia Repair Devices Market

Ethicon Inc.
AbbVie Inc.
Medtronic PLC
Becton, Dickinson and Company
Baxter International Inc.
B. Braun SE
W. L. Gore & Associates
Cook Group Inc.
Integra LifeSciences Holdings Corporation
The Cooper Companies, Inc.
H.B. Fuller Company
Advanced Medical Solutions Group PLC
Teleflex Medical OEM
Meril Life Sciences Pvt. Ltd.
TELA Bio, Inc.
Cousin Biotech
Atrium Medical Corporation
Herniamesh S.R.L
GEM SRL
Assut Europe S.P.A.
Dolphin Sutures
Demetech Corporation

Hernia Repair Devices Market Recent Development

In July 2024, Duomed Group GmbH acquires REY Médical SA REY Médical, Company specializing in hernia medical devices and equipment.
In December 2022, Deep Blue Medical Advances Inc. reported the clearance from the U.S. Food and Drug Administration (FDA) for its T-Line Hernia Mesh for sublay use in open hernia surgery.
DORC acquired Peregrine Surgical LLC and WEFIS GmbH in October 2022 to gain the business an additional geographic footprint while accelerating its pace to market with innovative products to make the business more innovative and more productive at the same time.

FAQs

Hernia Repair Devices Market size was valued at USD 3.8 Billion in 2023 and is poised to grow from USD 3.95 Billion in 2024 to USD 5.3 Billion by 2032, growing at a CAGR of 3.9% during the forecast period (2025-2032).

The hernia mesh devices market is moderately concentrated with the presence of some of the long-standing multinationals coupled with the non-established player. The market is monopolised by major companies, with leaders possessing technological prowess, wide-market distribution and high R&D investments. The key players dominating the hernia repair devices industry includes Johnson & Johnson Services, Inc., C. R. Bard, Inc., W. L. Gore & Associates, Inc., Atrium Medical (Getinge Group), LifeCell, B. Braun SE, Baxter, Cook, Herniamesh S.r.l. Emerging companies bring new solutions and competition to the marketplace. Regulatory Standards and Clinical Needs drive the demand for product development. 'Ethicon Inc. ', 'AbbVie Inc. ', 'Medtronic PLC ', 'Becton, Dickinson and Company ', 'Baxter International Inc. ', 'B. Braun SE ', 'W. L. Gore & Associates ', 'Cook Group Inc. ', 'Integra LifeSciences Holdings Corporation ', 'The Cooper Companies, Inc. ', 'H.B. Fuller Company ', 'Advanced Medical Solutions Group PLC ', 'Teleflex Medical OEM ', 'Meril Life Sciences Pvt. Ltd. ', 'TELA Bio, Inc. ', 'Cousin Biotech ', 'Atrium Medical Corporation ', 'Herniamesh S.R.L ', 'GEM SRL ', 'Assut Europe S.P.A. ', 'Dolphin Sutures ', 'Demetech Corporation '

Growing Demand for Minimally Invasive Surgery: Technical advancements along with the need for minimally invasive surgical procedures have broadened the application of surgical devices and fuelled market growth and are expected to offer opportunities to the industry. Due to its minimally invasive nature, less discomfort, lower rate of complications, and shorter hospital stay, it has gained popularity over the years.

North America is dominating with the largest hernia repair devices market share. The high demand of hernia repair devices in North America is due to sedentary lifestyles, rising geriatric population and high recurrence of hernia. In addition, the increasing healthcare expenditure and quick FDA approvals are supporting the growth of the market in the region. Citing data through the National Center for Biotechnology Information, the U.S. had the highest overall counts of ventral and incisional hernia in the month of March 2023. Globally, 20% of adults suffer from ventral hernias, and incisional hernias occurs in nearly 30% of midline abdominal incisions.

Hernia Repair Devices Market

Report ID: SQMIG35D2180

Top Hernia Repair Devices Companies

Hernia Repair Devices Market Competitive Landscape

Top Players in Hernia Repair Devices Market

Hernia Repair Devices Market Recent Development

Hernia Repair Devices Market Report Snapshots

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Top Hernia Repair Devices Companies

Hernia Repair Devices Market Competitive Landscape

Top Players in Hernia Repair Devices Market

Hernia Repair Devices Market Recent Development

Hernia Repair Devices Market Report Snapshots

FAQs

What is the global market size of Hernia Repair Devices Market?

Who are the key vendors in the Hernia Repair Devices Market?

What is the key driver of Hernia Repair Devices Market?

What is the key market trend for Hernia Repair Devices Market?

Which region accounted for the largest share in Hernia Repair Devices Market?

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