Global Hernia Repair Devices Market is projected to grow at a 5 to 7% CAGR by 2027 - Revolutionary Treatments to Repair Hernias
Hernia repair devices are the medical devices which offer a permanent reinforcement to the repaired hernia and support damaged tissues around it as it recovers with time.
Adoption of Hernia Mesh Products for Hernia Repair Triggers the Demand of Hernia Repair Devices
Hernia mesh is a biomaterials-based implant class which has been successfully translated to the clinical applications. They are mostly segmented into two categories: synthetic mesh and biologic or biological mesh. The application of hernia mesh products for surgical repair or reconstruction of anatomical defects has been globally adopted. According to FDA, hernia mesh is used in about 90% of hernia repair surgeries.
Robotic Surgeries Opens Up Ample Growth Avenues in Hernia Repair Devices Market
Hernia repair is one of
the most common surgical procedures performed across the world. The number of procedures has been rising and it
is projected to grow even further due to many risk factors such as obesity and
prior abdominal surgeries. Robotic surgery has emerged as the latest method for curing smaller hernias or weak areas and reconstructing the abdominal wall. Robotic
surgery also allows the surgeon to easily use stitches to sew tissue and meshes
inside the abdomen. Some of the major benefits of robotic surgeries are three-dimensional
images of the inside of the abdomen, smaller scars, and less pain.
Rising Cases of Inguinal Hernia Fuels the Growth of the Hernia Repair Devices Market
Inguinal hernias nearly account for 75% of all abdominal
wall hernias, with a lifelong risk of 27 to 43% in men and 3 to 6% in women. The major risk factors for inguinal hernia (IH) are family history, previous
contra-lateral hernia, male gender, age, abnormal collagen metabolism,
prostatectomy, and low body mass index. An increasing burden of inguinal cases among the world population and aging elderly society is likely to enhance the demand for
hernia repair devices.
Key Market Challenges which can impact the Growth of Hernia Repair Devices Market
The higher costs of the hernia repair procedures and medical devices and the major risks & complications associated with hernia repairs such as pain,
infection, hernia recurrence, adhesion, and bowel obstruction are most likely to affect the growth of the hernia repair devices market in the upcoming years.
North
America Accounts for the Larger Market Share in the Hernia Repair Devices Market
From a geographical analysis, North America accounts for the larger market share in the global hernia repair devices market. This can be mainly attributed to an increasing cases of hernia disorders, global adoption of new and innovative hernia repair devices, and technological developments in hernia repair surgery technology.
Competitive
Landscape Analysis: Hernia Repair Device Market
Some of the leading and top players operating in
the global hernia repair devices market are Medtronic, B
Braun, Cook Medical, Baxter, and TELA Bio, among others.
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