According to IMARC Group’s latest report, titled “Hernia Repair Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global hernia repair market reached a value of US$ 5.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2027, exhibiting at a CAGR of 3.4% during 2022-2027.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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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Market Trends
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.
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The report has segmented the market on the basis of product type, surgery type, hernia type, end-user and geography.
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 Geography:
- 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
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being 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., etc.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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