Global Hernia Mesh Repair Devices Market, By Product (Mesh and Mesh Fixators), Surgery Type (Inguinal Hernia, Incisional/ Ventral Hernia, Umbilical Hernia, Femoral Hernia, Hiatal Hernia, Parastomal Hernia and Others), End Users (Ambulatory Surgical Centres, Clinics, Hospitals and Others), – Industry Trends and Forecast to 2029
Market Analysis and Size
Hernia is a condition in which the inner layers of the abdominal muscles weaken and the lining of the abdomen bulges out into a small sac. It can affect multiple areas, including the navel (umbilical hernia), the groyne (inguinal hernia), and the surgical incision site (post-surgery hernia). Hernias can be treated through two methods: watchful waiting and surgical procedures. The surgical procedures are divided into two types: open tension-free repair surgery and laparoscopy. Every year, approximately 20 million inguinal hernia repair surgeries are performed worldwide. Every year, approximately 150 thousand incisional hernia repair surgeries are performed in the United States. With the assistance of fixation, these surgeries are carried out using mesh made of synthetic or biological material.
Data Bridge Market Research analyses that the hernia mesh repair devices market is expected to reach the value of USD 4.65 billion by the year 2029, at a CAGR of 3.55% during the forecast period. Rising prevalence of hernia cases globally, increased focus on technological advancements involved in medical devices manufacturing, and rising expenditure on healthcare infrastructure development, particularly in developing economies, are the major factors driving the growth of the hernia mesh repair devices market.
Market Definition
Hernia is a condition in which an organ in the body pushes out through an opening in a muscle or tissue that was responsible for holding it in the first place. Hernias are most commonly found in the abdomen, but they can also be found in the groyne, upper thigh, and belly button.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Mesh and Mesh Fixators), Surgery Type (Inguinal Hernia, Incisional/ Ventral Hernia, Umbilical Hernia, Femoral Hernia, Hiatal Hernia, Parastomal Hernia and Others), End Users (Ambulatory Surgical Centres, Clinics, Hospitals and Others),
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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Medtronic (US), BD (US), Cook Group, Inc.(US), W. L. Gore & Associates, Inc. (US), ETHICON (US), Vivostat A/S (Denmark), Baxter (US), Cooper Surgical Inc. (US), Betatech Medical (Turkey), BioCer Development GmbH (Germany), pfm medical ag (Germany), B. Braun Melsungen AG (Germany), Integra LifeSciences (US), AbbVie Inc. (US), BIOSISHEALING (China), Herniamesh S.r.L. (Italy), Dipromed Srl (Italy), Meril Life Sciences Pvt. Ltd. (US), Insightra Medical, Inc. (US)
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Hernia mesh repair devices Market Dynamics
Drivers
- The rise in the cases of abdominal and stomach pain
One of the major factors driving the growth of the hernia mesh repair devices market is an increase in the prevalence of stomach and abdominal pain among the population. Rising adoption of various innovations and researches in the field of healthcare to develop the technology involved, as well as an increase in government initiatives to raise awareness, are some other indirect hernia mesh repair devices market growth determinants.
- The increase in the healthcare spending
Growing use of robotic surgeries in the healthcare sector, an ageing population, and rising personal disposable income will all contribute to lucrative hernia mesh repair devices market growth opportunities.
- Government investments for healthcare interoperability
The increase in the funding by the federal government to drive the adoption of these solutions further influence the market. Additionally, the surge in healthcare expenditure, advancements in healthcare infrastructure, and high demand for expanded care delivery positively affect the hernia mesh repair devices market.
Opportunities
Increased positive outcomes of aesthetic treatment and increased awareness of aesthetic procedures can open up new opportunities to expand the hernia mesh repair devices market during the forecast period.
Restraints/Challenges
The high costs associated with mesh repair devices will act as a market growth restraint for hernia mesh repair devices. The growing emphasis on the development of non-mesh approaches will further derail the growth rate of the hernia mesh repair devices market. Unfavorable regulatory and reimbursement policies, particularly in developing economies, will exacerbate the market for hernia mesh repair devices.
This hernia mesh repair devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the hernia mesh repair devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Hernia mesh repair devices Market
National lockdowns, government regulations, and an increase in infection rates across countries all had a significant financial impact on neurology hospitals and clinics. Several hospitals and clinics have seen a decrease in patient visits as a result of COVID-19, ultimately reducing client contact. Furthermore, many hernia patients have been pushed back as a result of the COVID-19 crisis. There is a global shortage of medical care for conditions other than COVID-19, which has had a negative impact on the hernia mesh repair devices market. At the same time, the limited availability of healthcare personnel around the world is another factor that has a negative impact on the market.
.Recent Development
- In October 2019, Exogenesis Corporation announced that the US Food and Drug Administration (FDA) approved a 510(k) application for the Exogenesis Hernia Mesh, a novel implant for soft tissue repair. Exogenesis Hernia Mesh has a unique nanometer-level surface texture that allows for better post-implant tissue compatibility due to the use of Accelerated Neutral Atom Beam (ANAB) technology1 during manufacturing.
- In June 2017, W. L. Gore GORE introduced SYNECOR Preperitoneal Biomaterial. Because of the newly introduced device, the company was able to expand its product offerings in the hernia sector.
- B. Braun Medical Zambia Limited, a new subsidiary in Zambia, was established in 2016 to assist the company in establishing a strong presence in Southern Africa.
Global Hernia mesh repair devices Market Scope
The hernia mesh repair devices market is segmented on the basis of product, surgery type and end users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Mesh
- Mesh fixators
Based on product, the global hernia mesh repair devices market has been divided into mesh and mesh fixators. Mesh segment is sub-segmented into synthetic mesh and biological mesh. Mesh fixators segment is sub-segmented into sutures, tack applicators and glue applicators.
Surgery type
- Inguinal hernia
- Incisional/ventral hernia
- Umbilical hernia
- Femoral hernia
- Hiatal hernia
- Parastomal hernia
- others
Based on the surgery type, the hernia mesh repair devices market is segmented into inguinal hernia, incisional/ ventral hernia, umbilical hernia, femoral hernia, hiatal hernia, parastomal hernia and others.
End User
- Ambulatory surgical centers
- Hospitals
- Clinics
- others
Based on the end users, the hernia mesh repair devices market is segmented into ambulatory surgical centers, clinics, hospitals, and others.
Hernia mesh repair devices Market Regional Analysis/Insights
The hernia mesh repair devices market is analysed and market size insights and trends are provided by country, product, surgery type and end users as referenced above.
The countries covered in the hernia mesh repair devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
In terms of market share and revenue, North America dominates the hernia mesh repair devices market and will maintain its dominance throughout the forecast period. This is due to the current sophisticated level of healthcare facilities, sedentary lifestyle practises, and an increase in hernia cases. Asia-Pacific, on the other hand, is expected to grow at the fastest rate during the forecast period due to increased awareness of target disorder management, increased spending on healthcare infrastructure, and rising personal disposable income.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The hernia mesh repair devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for hernia mesh repair devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the hernia mesh repair devices market. The data is available for historic period 2010-2020.
Competitive Landscape and Hernia mesh repair devices Market Share Analysis
The hernia mesh repair devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to hernia mesh repair devices market.
Some of the major players operating in the hernia mesh repair devices market are
- Medtronic (US)
- BD (US)
- Cook Group, Inc.(US)
- W. L. Gore & Associates, Inc. (US)
- ETHICON (US)
- Vivostat A/S (Denmark)
- Baxter (US)
- Cooper Surgical Inc. (US)
- Betatech Medical (Turkey)
- BioCer Development GmbH (Germany)
- pfm medical ag (Germany)
- B. Braun Melsungen AG (Germany)
- Integra LifeSciences (US)
- AbbVie Inc. (US)
- BIOSISHEALING (China)
- Herniamesh S.r.L. (Italy)
- Dipromed Srl (Italy)
- Meril Life Sciences Pvt. Ltd. (US)
- Insightra Medical, Inc. (US)
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