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HERNIA REPAIR DEVICES MARKET OVERVIEW
Global Hernia Repair Devices Market size is anticipated to be worth USD 4.08 Billion in 2024, projected to reach USD 5.83 Billion by 2033 at a 3.7% CAGR from 2024 to 2033.
Hernia repair devices refer to medical implants used in the surgical treatment of the disorder. The disease is a state in which a tissue, organ, or surface of an organ bulges through the weak area of a muscle. It is commonly seen in the abdomen area. Smoking, poor nutrition, lifting heavy objects, malformation of abdominal wall, obesity, and congenital defects are the risk factors associated with rupture. The treatment helps to reduce the recurrence of the disease by providing support and facilitating tissue growth around the implant. These instruments are typically made from synthetic materials such as polypropylene. They are designed to reinforce weakened tissue and close gaps in the abdominal wall.
The rising obese population coupled with higher prevalence of rupture. Growing demand for transcatheter surgeries among patients and physicians along with increasing use of mesh type tools compared to suture tools for rupture treatment are factors anticipated to offer growth opportunities for market players. Implementation of modern tools and increasing inclination for synthetic meshes over biologically consequent meshes are also bolstering the market growth.
COVID-19 IMPACT
"Hernia Repair Devices Industry Had a Negative Effect Due to supply chain disruption during COVID-19 Pandemic"
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.
The COVID-19 pandemic had significantly affected the market expansion. The supply chain disruptions affected manufacturing and distribution, causing shortage in the accessibility of these tools and potential price increases. The elective surgeries were frequently postponed, leading to a sharp decline in demand for equipment. The lockdowns have resulted in several countries shutting down airports, ports and commercial and domestic transportation. This had impacted manufacturing activities and operations worldwide and took a toll on the economy of various countries. However, as healthcare systems adapted and vaccination efforts expanded, there was a gradual recovery in demand for the product, with an increasing emphasis on procedures and infection control measures.
LATEST TREND
"Minimally Invasive Procedures to Push Market Growth"
The market trend is that using minimally invasive procedures are impelling the market growth. They are associated with decreased postoperative pain, smaller incisions, and faster recovery times with respect to conventional open surgery. They offer less scarring and enhanced cosmetic outcomes, which can be attractive to patients. The shift toward patient-centric healthcare emphasizes ease of patient and quality of life is supporting the market enlargement. Robotic-assisted and Laparoscopic techniques offer surgeons with enhanced visualization and precision to help improve outcomes.
HERNIA REPAIR DEVICES MARKET SEGMENTATION
By Type
Based on Type, the global market can be categorized into hernia repair mesh products and hernia repair fixation devices
- Hernia Repair Mesh Products: It is widely used in surgeries because of their ability to reinforce weakened tissues and support the abdominal wall and offers improved biocompatibility and patient comfort. The demands for biologic meshes are increasing due to their reduced risk of infection and enhanced healing outcomes.
- Hernia Repair Fixation Devices: This device is another critical segment in the market and used to secure the disease in place during surgeries. The increasing adoption of arthroscopic techniques.
By Application
Based on application, the global market can be categorized into hospitals and ASCs
- Hospitals: It represents a major end-user as they are primary healthcare providers offering comprehensive medical services, including surgical interventions. The demand for the system is increasing the number of surgeries and the need for advanced surgical solutions.
- ASCs: It is gaining popularity as cost effective and efficient alternatives to traditional health centers settings for surgeries and offer several advantages, including reduced wait times, lower costs, and a more personalized patient experience.
MARKET DYNAMICS
Market dynamics include driving and restraining factors, opportunities and challenges stating the market conditions.
Driving Factors
"Increasing Geriatric Population’s Healthcare to Boost the Market"
The growing attribute for the hernia repair devices market growth is the high patient morbidity is linked to the disease. As a result, med-tech companies in the market are expanding R&D spending on new tools and solutions. Manufacturers have been forced to create effective equipment, biologic materials, and endoscopy equipment, among other things, to enhance medical outcomes due to the growing load of the senior population in the healthcare systems. The disorder is more common in people over the age of 55 because of the greater risk of health problems and naturally occurring muscle deterioration. Furthermore, the requirement of medical and surgical interventions as treatment options due to the rise in the prevalence of disorder, there is a strong need for the equipment, is propelling the market growth. The rising number of obese patients, managing these individuals has taken center stage in the treatment. Being overweight and obese puts extra strain and pressure on the abdominal muscles, which weakens them and raises the risk of the disorder. Additionally, individuals who do not follow the advice lifestyle changes and who continue to move heavy objects after having surgery to correct rupture run a greater risk of getting recurrent disorders are increasing demand for the devices.
"Rising Awareness and Diagnosis to Boost the Market Growth"
Another market growing aspect is the increasing awareness about the signs and symptoms of the disease encourages individuals to seek medical attention promptly. Early diagnosis allows for timely intervention and treatment, which often involves the use of the tools. Awareness campaigns and education efforts help inform the public about the importance of recognizing and addressing disease. Informed patients are more likely to consult healthcare professionals when they suspect disorder, leading to earlier diagnosis and treatment. It extends to healthcare providers as well. When physicians are well-informed about the diagnosis and the range of treatment options, they are better equipped to identify the disorder during routine check-ups and recommend suitable treatments. Public consciousness can also focus on preventive measures to reduce the risk of development. Lifestyle changes and risk factor management may contribute to a reduction in increasing incidence.
Restraining Factor
"Complexities and Concerns Regarding the Product to Potentially Impede Market Growth"
A limiting factor that is hindering the market growth is the expanding litigation and apprehensions regarding complications linked to certain mesh products. Complications including infections, chronic pain, adhesion formation, and mesh migration have been associated with specific tools over time. Concerns regarding the safety of the equipment implants have been raised by healthcare providers and patients due to the rise in litigation filed against manufacturers in response to adverse event and complication reports. Responses from regulatory bodies and heightened vigilance among medical professionals have been prompted by the scrutiny surrounding complications and have been compelled to reconsider their selections of mesh products in the light of safety communications and warnings issued by regulatory agencies.
Opportunity
"Continuous Advancements in Sophisticated Mesh Technologies to Create Opportunity for the Market"
An opportunity factor propelling the worldwide market for the treatment is the ongoing development and innovation of sophisticated mesh technologies. Manufacturers are increasing their investments in research and development to produce devices that exhibit improved patient outcomes, decreased complications, and enhanced biocompatibility as technology advances. Biological and absorbable meshes, among other advanced materials, are becoming increasingly prominent in the market places. By progressively being absorbed by the body over time, absorbable meshes reduce the risk of long-term complications and eliminate the need for permanent implantation, by virtue of being derived from human and animal tissues, biologic scaffolds intend to render instruments a more organic and unified process.
Challenge
"Growing Regulatory Scrutiny Could Be a Potential Challenge for Market Growth"
The market is also facing challenges that may hamper the market expansion is the escalating regulatory scrutiny and apprehensions regarding the safety of specific mesh products. In the light of documented complications, regulatory bodies have intensified their surveillance of the safety profiles of the apparatus. The augmented inspection surrounding mesh products has resulted in more strict regulations, safety advisories, and invention recalls. Manufacturers are thus confronted with obstacles concerning market entry and adherence to regulations; the regulatory framework pertaining to tools has undergone increased scrutiny due to the emergence of concerns regarding tricky situations such as chronic pain, infections, and mesh migration. Manufacturers encounter the formidable task of satisfying ever-changing regulatory standards while also providing substantial clinical evidence of the safety and effectiveness of their products.
HERNIA REPAIR DEVICES MARKET REGIONAL INSIGHTS
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North America
North America is the highest growing region in this hernia repair devices market share due to the increase in the patient pool with rupture, which in turn reflects the increasing number of surgical procedures performed in healthcare facilities. Factors such as the preference for meshes used and the adoption of laparoscopic surgery in various conditions of such disorder fuel the market growth. Mirroring the global space, the market also features synthetic and composite meshes as the leading segment for the procedures. The United States hernia repair devices market has propelled due to the increasing number of procedures, which is attributed to existing rupture prevalence, rising aging population, surging obesity, and other lifestyle changes such as smoking. With improving reimbursement scenarios, elevating patient awareness, and encouragement to utilize healthcare services, and encouragement to utilize healthcare services is boosting the market growth.
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Europe
Europe is witnessing significant market growth due to the increasing rate of incidence of rupture surgeries and improved technologies with enhanced safety features related to surgeries boost the market growth. In addition, growth in the geriatric population prone to inguinal hernia because of their weakened abdominal musculature and the need for improved medical applications propel the market growth. This is the most prominent in this region and is increasing demand for the treatment. Moreover, an unhealthy lifestyle and a rapid increase in the obese population fuel demand for product and consumables market growth. Furthermore, intensifying healthcare expenditure and increasing high earnings of people are supporting the market growth.
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Asia
The Asia Pacific is an emerging market and witnessing significant market growth because of rising disposable income and increased government backing for the healthcare industry. The high elderly population base in this region is fueling demand for the treatments and tools. India, China, and Japan are the most mature markets, and these possess growth avenues. There is an increasing demand for these products with healthcare providers and patients becoming more aware of the benefits of low-impact surgical techniques and innovative systems. Additionally, growing awareness about the disease and available treatment options in the region is helping more patients to seek medical intervention for the equipment. They are coupled with improving access to healthcare services and boosting the market expansion.
KEY INDUSTRY PLAYERS
"Key Industry Players Shaping the Market through Technological Advancement and Market Strategies"
There are several key players vying for market expansion illustrated by intense competition. Corporations are focusing on developing innovative products and expanding their product portfolios to cater to the growing demand for effective device solutions. The continuing advancements are surgical techniques and the increasing implementation of advanced producers are supporting the demand for equipment and intensifying the antagonism among manufacturers. Many companies are exploiting partnerships, collaborations, and mergers and acquisitions are common tactics employed by market players to reinforce their market presence and enhance their competitive gain.
List of Top Hernia Repair Devices Companies
- Cook Medical (U.S.)
- C.R. Bard (U.S.)
- Ethicon (U.S.)
- Medtronic (Ireland)
- Advanced Medical Solutions Group (U.K.)
- ANGIOLOGICA (Italy)
- BioCer Entwicklungs (Germany)
- Dipromed (Italy)
- DynaMesh (U.S.)
- GRENA (Singapore)
- Péters Surgical (France)
- TransEasy Tech (China)
- Via Surgical (Israel)
- W.L. Gore & Associates (U.S.)
KEY INDUSTRY DEVELOPMENT
April 2024: TELA Bio, Inc., a medical technology company, announced the U.S. launched OviTex IHR, a robotic-compatible reinforced tissue matrix for inguinal hernia repair. Designed for laparoscopic and robotic-assisted procedures, it comes in three configurations to address varying patient and procedural needs. The device combines ovine rumen layers with minimum polymer sutures for strength while reducing the polymer footprint. With over 45,000 implantations and 8 years of clinical use OviTex has demonstrated efficiency in tools.
REPORT COVERAGE
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The hernia repair devices market is poised for a continued boom pushed by public awareness can also focus on preventive measures and the rise in the prevalence of disorder there is a strong need for the equipment. Despite challenges, which include the escalating authoritarian scrutiny and apprehensions about the safety of specific mesh products and the growing proceedings and hesitation regarding complications linked to certain products. Key industry players are paying attention to developing innovative equipment and intensifying their product portfolios to meet the growing demand for effective gadget solutions. Among other advanced materials, biological and absorbable meshes are becoming increasingly well-known in the marketplaces. An opportunity factor propelling the worldwide market for the instrument is the enduring development and innovation of sophisticated mesh technologies.
REPORT COVERAGE | DETAILS |
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Market Size Value In |
US$ 4.08 Billion in 2024 |
Market Size Value By |
US$ 5.83 Billion by 2033 |
Growth Rate |
CAGR of 3.7% from 2024 to 2033 |
Forecast Period |
2025-2033 |
Base Year |
2024 |
Historical Data Available |
yes |
Regional Scope |
global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What value is the Hernia Repair Devices Market expected to touch by 2033?
The global Hernia Repair Devices Market is expected to reach approximately USD 5.83 Billion by 2033.
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What CAGR is the Hernia Repair Devices Market expected to exhibit by 2033?
The Hernia Repair Devices Market is expected to exhibit a CAGR of 3.7% by 2033.
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What are the driving factors of the hernia repair devices market?
Rising awareness and diagnosis and increasing geriatric population’s healthcare to expand the hernia repair devices market growth
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What are the key hernia repair devices market segments?
The key market segmentation, which includes, based on type, the hernia repair devices market is hernia repair mesh products and hernia repair fixation devices. Based on application, the hernia repair devices market is classified as hospitals and ASCs.