IMARC Group, a leading market research company, has recently releases report titled “Hernia Repair Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global hernia repair market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the hernia repair market?
Report Attributes
Details
Market Size in 2022
US$ 5.5 Billion
Market Forecast in 2028
US$ 6.7 Billion
Growth rate (2023 to 2028)
CAGR of 3.27%
Base Year of the Analysis
2022
Forecast Period
2023-2028
What is hernia repair?
A hernia is a medical condition that occurs when an organ or fatty tissue passes through a weak area in the surrounding muscle or connective tissue, known as fascia. It can infect multiple areas of an organism, such as the groin, navel, and incision site of surgery. It is usually treated through hernia repair, also known as herniorrhaphy, which is a surgical procedure to fix a hernia.
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What are the growth prospects and trends in the hernia repair industry?
The rising geriatric population, which is generally at a high risk of developing a hernia and other gastrointestinal disorders, is one of the major factors positively influencing the market. Furthermore, the innovation of biological allograft mesh with enhanced efficiencies to provide a faster recovery rate and minimal post-surgery pain is acting as another growth-inducing factor. Moreover, the increasing adoption of robotics in surgical procedures and minimally invasive (MI) hernia repair devices are projected to provide lucrative opportunities to key players and propel the market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup 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
Breakup by Surgery Type:
- Open Tension Repair Surgery
- Tension-Free Repair Surgery
- Laparoscopic Surgery
Breakup by Hernia Type:
- Inguinal Hernia
- Ventral Hernia
- Femoral Hernia
- Umbilical Hernia
- Hiatal Hernia
- Others
Breakup by End-User:
- Ambulatory Surgery Centers
- Hospitals and Clinics
- Others
Breakup by Region:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- 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.
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