Hernia Repair Devices Market to Surpass US$ 12.3 Billion by 2033, Fueled by Advancements in Minimally Invasive Techniques | Reports FMI

The global Hernia Repair Devices Market has witnessed significant growth in recent years, driven by advancements in medical technology and an increasing prevalence of hernia cases worldwide. Hernia repair is a common surgical procedure involving the repositioning of displaced tissues or organs, and the market for hernia repair devices plays a vital role in improving patient outcomes and surgical procedures. The rising geriatric population, the surge in obesity rates, and the adoption of minimally invasive procedures are further contributing to the market’s expansion.

One of the key drivers for the hernia repair devices market is the growing preference for minimally invasive techniques over traditional open surgery. Laparoscopic and robotic-assisted surgeries are becoming increasingly popular due to their numerous benefits, such as reduced post-operative pain, shorter hospital stays, and quicker recovery times. As a result, the demand for hernia repair devices compatible with minimally invasive procedures has surged, stimulating market growth.

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The market for hernia repair devices is anticipated to reach US$ 5.0 billion in 2023 and US$ 12.3 billion by 2033, respectively. During the projected period, it is expected that sales of hernia repair equipment will grow significantly (CAGR: 9.4%). The market for hernia repair devices is anticipated to expand through 2032 at an average CAGR of 6.5%, according to a new FMI report.

Advancements in medical technology have paved the way for innovative hernia repair devices. Manufacturers are focusing on developing devices that offer enhanced biocompatibility, strength, and ease of use for surgeons. Bioabsorbable meshes, for instance, have gained significant attention as they promote tissue regeneration and eliminate the need for subsequent removal surgeries. Additionally, the integration of 3D-printing technology has enabled custom-made implants, ensuring better patient outcomes and reducing the risk of complications.

The rising prevalence of hernia cases globally is a primary factor fueling the demand for hernia repair devices. Factors such as aging populations, sedentary lifestyles, and obesity have contributed to the growing incidence of hernias. Furthermore, an increase in awareness regarding the availability of effective treatment options and better healthcare infrastructure in emerging economies has also amplified the market’s growth.

Key Takeaways:

• Over the projected period, rising awareness regarding hernias is expected to propel the sales of hernia repair devices. For example, in April 2019, SSM Health Cardinal Glennon Children’s Hospital encouraged awareness among pregnant women by organizing a ‘CDH Care’ Program, which provided information on congenital diaphragmatic hernia (CDH) that would aid them during prenatal diagnosis. April is congenital diaphragmatic hernia (CDH) awareness month at SSM Health Cardinal Glennon Children’s Hospital.
• Increasing demand for the hernia repair devices market is predicted to profit market players from a focus on regions where composite mesh use is increasing.
• The key players in the hernia repair devices market are focusing on releasing new items to diversify their product range. For example, ACell, Inc. and Southmedic announced the Gentrix Surgical Matrix series of devices in September 2019, which contains ACell’s MatriStem UBM (Urinary Bladder Matrix) technology. Hernia and abdominal wall repair are treated with the Gentrix Surgical Matrix range of devices.
• The substantial demand for and acceptance of hernia repair in the United States accounts for North America’s large share of this market. In the United States, the adoption of the hernia repair devices market, particularly biologic mesh devices, is the highest.
• Hernia repair mesh systems manufacturers will profit from the introduction of innovative and technologically sophisticated hernia repair devices.
• The market for hernia repair devices is growing as composite mesh methods, which are more expensive, become more popular. The United States, Canada, Germany, France, and other major countries are seeing greater usage of composite meshes.

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Competitive Landscape:

In this report, the major players in the hernia repair devices market are Covidien Plc (Medtronic Plc) (Ireland), Ethicon (Johnson & Johnson Services, Inc.) (U.S.), B. Braun Melsungen AG (Germany), C.R. Bard (Becton, Dickinson and Company) (U.S.), W. L. Gore & Associates (U.S.), LifeCell Corporation (Allergan) (Ireland), Maque (U.S.). DIPROMED (Italy), FEG Textiltechnik mbH (Germany), Cousin Biotech (France), Herniamesh (Italy), Aspide Medical (France), TransEasy Medical (China), and Via Surgical are some of the other companies in the market (Israel).

Continuous product revisions, followed by technology breakthroughs, and rising demand for less invasive methods, are factors that contribute to the expansion of total hernia repair operations.

However, the high cost of goods and procedures, as well as the uncertainty surrounding reimbursement rules, may restrict the market’s growth prospects.

• GORE® SYNECOR Intraperitoneal Biomaterial was released in February 2021 by W. L. Gore & Associates in Europe, the Middle East, and South Africa to fulfil unmet requirements in difficult hernia repair.
• Surgical Innovation Associates’ flagship absorbable mesh, DuraSorb®, gained CE Mark in September 2020 for reconstructive and cosmetic applications, including abdominal hernia prevention, breast tissue support, and prosthetic breast support.
• W. L. Gore & Associates’ GORE® SYNECOR, a tri-layer hybrid material developed for ease of use during laparoscopic repair devices, robotic, and open surgical operations, obtained a C.E. mark in June 2020.

Key Segments

By Product:

• Hernia Mesh
  • Biologic
  • Synthetic
• Fixation Devices
  • Tack
  • Sutures
  • Glue Applicators

By Procedure:

• Open Surgery
• Laparoscopic Surgery
• Robotic Surgery

By Hernia Type:

• Inguinal Hernia
• Ventral Hernia
  • Umbilical Hernia
  • Incisional Hernia
  • Epigastric Hernia
• Femoral Hernia

By End Use:

• Hospitals
• Ambulatory Surgical Centers
• Clinics

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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