Seizing the Opportunity: Growth Predictions for the Hernia Repair Market by 2030

The Hernia Repair Market size is anticipated to grow at a substantial CAGR of 4.40%. It is projected that the Market Value will further reach up to USD 8.5 Billion in the forecast period 2022-2030.

The global hernia repair market has witnessed significant growth in recent years, driven by an increasing prevalence of hernias and advancements in surgical techniques. A hernia occurs when an organ or fatty tissue protrudes through a weak spot in the surrounding muscle or connective tissue. The rising aging population, coupled with lifestyle factors such as obesity and sedentary habits, has contributed to the surge in hernia cases worldwide.

The Hernia Repair Market size is anticipated to grow at a substantial CAGR of 4.40%. It is projected that the Market Value will further reach up to USD 8.5 Billion in the forecast period 2022-2030.

Traditional surgical methods, including open hernia repair, have been widely used, but the market is witnessing a shift towards minimally invasive procedures such as laparoscopic and robotic-assisted surgeries. These approaches offer benefits such as quicker recovery times, reduced postoperative pain, and smaller incisions, driving their adoption among both surgeons and patients.

The global Hernia Repair Market is witnessing significant growth, driven by advancements in Hernia Repair Devices and surgical techniques. Hernias occur when an organ or tissue pushes through a weakened spot in the surrounding muscle or connective tissue, and hernia repair is essential to alleviate symptoms and prevent complications. Hernia Repair Devices play a crucial role in these procedures, offering innovative solutions to enhance patient outcomes.

Technological advancements have led to the development of minimally invasive hernia surgery options, reducing recovery time and postoperative pain for patients. Laparoscopic procedures, utilizing Hernia Repair Devices, have become increasingly popular due to their lower complication rates and shorter hospital stays. The market is characterized by a diverse range of devices, including mesh implants, surgical staplers, and fixation devices, contributing to the overall growth of the hernia repair industry.

The demand for hernia surgery is rising globally, fueled by an aging population and increasing awareness about the importance of timely intervention. Key players in the Hernia Repair Market are investing in research and development to introduce more efficient and patient-friendly devices, fostering the market's expansion. As the healthcare landscape continues to evolve, the Hernia Repair Market is expected to witness sustained growth, driven by technological innovation and a growing number of hernia repair procedures globally.

 

Major Key Players:

The hernia repair market players include A.M.I. GmbH (Austria), Angiologica B.M. (Italy), Aspide Medical (France), Atrium Medical Corporation (Germnay), B. Braun Melsungen AG (Germany), Baxter Internationals (U.S.), C. R. Bard, Inc. (Davol Inc) (U.S.), COOK MEDICAL INC. (U.S.), Cousin Biotech (France), Covidien (Medtronic) (Republic of Ireland), Ethicon (U.S.), Integra Life Sciences Corporation (U.S), and ABISS (France).

Global Hernia Repair Market - Competitive Analysis

October 2015 - Cook Medical demonstrated Zenapro, hernia repair technology which is a next-generation hybrid that combines outer layers of extracellular matrix with a polypropylene mesh. This technology is already cleared by regulatory agencies (FDA) and available in the U.S. and Europe market, the Zenapro Hybrid Hernia Repair Device integrates a layer of strong, open-weave polypropylene mesh within several layers of small intestinal sub- mucosa extracellular matrix (ECM) biomaterial.

March 2014 - Covidien had launched its Symbotex composite mesh in the U.S. market for surgical laparoscopic and open ventral hernia repair. This hernia repair product featured a macro porous monofilament, hydrophilic textile in a three-dimensional construction that allowed reinforced strength, memory shape and significant tissue ingrowth and this product includes a bio absorbable collagen film on the visceral side which minimises tissue attachments.

Global Hernia Repair Market - Regional Analysis

regions: Americas, Europe, Asia-Pacific, and Middle East Africa. Considering the global scenario of the market, Americas region is believed to be the largest market for hernia repair. North America is the leading market in the America region due to increasing hernia patient population, increasing adoption of minimal invasive surgeries. Moreover, minimally invasive means the degree of invasiveness of the procedure is minimum, thus, is also referred as key whole surgery. At the University of Chicago Medicine, over 70% of major lung Depending on geographic region, hernia repair market report  is segmented into four key resection surgeries are performed using minimally invasive techniques. Furthermore, the European market is also growing continuously and slowly catching up with the American market soon. On the other hand, Asia-Pacific market is expected to grow at the fastest pace in the hernia repair segment during the forecasted period. Middle East Africa region are likely to have a limited but steady growth in the market. 

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