IMARC Group's report titled "Hernia Repair Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". offers a comprehensive analysis of the industry, which comprises insights on the global hernia repair market share. The global market size reached US$ 5.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.7 Billion by 2028, exhibiting a growth rate (CAGR) of 3.27% during 2023-2028.
Factors Affecting the Growth of Hernia Repair Industry:
- Increasing Incidence of Hernia:
The rising incidence of hernias is a critical driver of the hernia repair market. This phenomenon can be attributed to several factors, including demographic shifts and lifestyle choices. As the global population ages, the likelihood of developing hernias increases due to weakened abdominal muscles and connective tissues over time. Furthermore, the prevalence of obesity, a known risk factor for hernias, has been steadily rising worldwide. Sedentary lifestyles and physical strain, often associated with manual labor and heavy lifting, also contribute to the growing number of hernia cases. Consequently, healthcare systems are witnessing a rise in the demand for hernia repair procedures, necessitating efficient and advanced treatment options.
- Technological Advancements in Hernia Repair:
The hernia repair market benefits significantly from continuous advancements in surgical techniques and materials. Surgical innovation has led to remarkable improvements in patient care. One notable development is the evolution of hernia repair materials, particularly surgical meshes. Modern meshes are designed to be biocompatible, reducing the risk of complications and promoting tissue integration. Moreover, robotics and minimally invasive surgery techniques have revolutionized hernia repair procedures. Robot-assisted surgery allows for greater precision, reduced invasiveness, and shorter recovery times, making it an appealing option for both patients and surgeons. These technological innovations are crucial in enhancing patient outcomes, minimizing post-operative discomfort, and lowering hernia recurrence rates.
- Growing Awareness and Access to Healthcare:
Increasing awareness about hernia-related health issues and improved access to healthcare services are pivotal factors driving the hernia repair market. Patients are becoming more informed about the potential risks and consequences of untreated hernias. Awareness campaigns and educational efforts by healthcare organizations have played a crucial role in this regard. As a result, more individuals are seeking medical attention for hernias at an earlier stage, leading to a higher demand for surgical interventions. Additionally, improved access to healthcare services in both developed and emerging markets has expanded the patient pool requiring hernia repairs. This includes access to skilled surgeons, specialized medical facilities, and insurance coverage, which collectively contribute to the growing number of hernia repair procedures performed worldwide.
Leading Companies Operating in the Global Hernia Repair Industry:
- B. Braun Melsungen Aktiengesellschaft
- Baxter International Inc.
- BD (Becton, Dickinson and Company)
- Cook Medical Inc.
- CooperSurgical Inc.
- Ethicon Inc. (Johnson & Johnson)
- Herniamesh S.r.l.
- Lifecell Corporation (Allergan Plc)
- Maquet (Getinge)
- Medtronic Inc.
- Olympus Corporation
- Via Surgical Ltd.
- W. L. Gore & Associates Inc.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/hernia-repair-market/requestsample
Hernia Repair Market Report Segmentation:
By Product Type:
- Hernia Mesh
- Synthetic Mesh
- Biological Material Mesh
- Others
- Hernia Fixation Devices
- Sutures
- Absorbable and Non-Absorbable Tack Fixation Devices
- Glue Applicators
- Endoscopy Equipment
- Others
Based on the product type, the market has been divided into hernia mesh (synthetic mesh, biological material mesh, and others) and hernia fixation devices (sutures, absorbable and non-absorbable tack fixation devices, glue applicators, endoscopy equipment, and others).
By Surgery Type:
- Open Tension Repair Surgery
- Tension-Free Repair Surgery
- Laparoscopic Surgery
On the basis of the surgery type, the market has been segregated into open tension repair surgery, tension-free repair surgery, and laparoscopic surgery.
By Hernia Type:
- Inguinal Hernia
- Ventral Hernia
- Femoral Hernia
- Umbilical Hernia
- Hiatal Hernia
- Others
Based on the hernia type, the market has been segmented into inguinal hernia, ventral hernia, femoral hernia, umbilical hernia, hiatal hernia, and others.
By End User:
- Ambulatory Surgery Centers
- Hospitals and Clinics
- Others
On the basis of the end user, the market has been categorized into ambulatory surgery centers, hospitals and clinics, and others.
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Global Hernia Repair Market Trends:
The aging population in many regions, particularly in North America and Europe, is a significant driver of the hernia repair market. With age, the risk of developing hernias increases due to the natural weakening of abdominal muscles and tissues. As these populations continue to grow, the demand for hernia repair procedures is expected to rise, driving market growth. Additionally, the increasing healthcare expenditure in both developed and developing countries plays a role in boosting the hernia repair market. As healthcare budgets expand, patients have better access to advanced surgical techniques and materials for hernia repair. This leads to more individuals seeking timely treatment for hernias, contributing to market growth.
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