New York, The global Hernia Repair Devices Market was valued at USD 4234.7 Million in 2021 and it is anticipated to grow up to USD 8568.8 Million by 2031, at a CAGR of 7.3% during the forecast period.
Global Hernia Repair Devices Market report from Global Insight Services is the single authoritative source of intelligence on Hernia Repair Devices Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A hernia is a condition in which an organ or tissue protrudes through a weak spot in the surrounding muscle or connective tissue. Hernia repair devices are used to treat hernias by reinforcing the surrounding muscle or connective tissue to prevent further protrusion. There are a variety of hernia repair devices available, including synthetic meshes, biological meshes, and non-mesh alternatives. The type of device used depends on the specific hernia being treated.
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Market Trends and Drivers
The growing prevalence of hernia worldwide is a primary factor influencing the industry growth. Hernia is a medical condition that usually occurs when a weak spot in the abdominal muscles is protruded by an internal organ inside the human body. Clinical studies suggest that physical conditions such as obesity, straining while defecation, extreme coughing, inheritance, and strenuous activities such as heavy lifting, may lead to hernia. According to an article published in the BMJ Journal in 2020, over 20 million hernias are operated on worldwide, accounting for about 15%-18% of total surgical interventions. The growing incidence of hernia has led to a significant surge in the number of hernia repair procedures. The rising necessity to heal and strengthen the diseased hernia tissue is pushing the demand for hernia repair devices across the healthcare industry.
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Market Segments
By Product
- Hernia Mesh
- Fixation Devices
By Procedure
- Open Surgery
- Laparoscopic Surgery
- Robotic Surgery
By Hernia Type
- Inguinal Hernia
- Ventral Hernia
- Femoral Hernia
- Others
By End-user
- Hospitals
- Ambulatory Surgical Centers
- Clinics
Key Players
The key players in the market Becton Dickenson & Company, Medtronic, Ethicon (J&J), B. Braun Melsungen AG, CooperSurgical (The Cooper Companies), Cook Medical, Baxter International, Inc., W.L. Gore & Associates, Integra LifeSciences, AbbVie, FEG Textiltechnik, Stryker Corporation, among others.
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