Hernia Repair Material Market Size, Share, Competitive Landscape and Trend Analysis Report, by Type, by Indication, by End user : Global Opportunity Analysis and Industry Forecast, 2024-2033

Key Market Dynamics

The hernia repair material market growth has been growing due to the rising prevalence of hernias, particularly in the aging population and those with risk factors like obesity, strenuous physical activity, and chronic coughing, which is driving demand for hernia repair procedures and materials. The global aging population is more susceptible to hernias due to weakened muscles and other age-related factors, leading to a higher demand for hernia repair surgeries and materials.

Technological advancements in minimally invasive surgical techniques, such as laparoscopic and robotic-assisted surgeries, have increased the success rates of hernia repairs and boosted the demand for advanced hernia repair materials, thereby driving the hernia repair material market size. In addition, improved awareness and better diagnostic tools have led to earlier detection and treatment of hernias, increasing the number of hernia repair procedures performed globally. Rising healthcare expenditure in both developed and developing countries has improved access to advanced surgical procedures and high-quality hernia repair materials.

Continuous research and development efforts by manufacturers have led to the introduction of innovative hernia repair materials, such as lightweight meshes, bioabsorbable meshes, and biologic grafts, which offer better patient outcomes and fewer complications. The increasing adoption of biologic meshes, which are derived from human or animal tissue and are designed to be absorbed by the body, is driving market growth, particularly in cases where synthetic meshes are not suitable. Favorable reimbursement policies for hernia repair procedures and materials in several countries are making these treatments more accessible and affordable for patients, further driving hernia repair material market forecast.

Parent Market Overview

The global hernia repair devices and consumables market size was valued at $4.7 billion in 2019, and is projected to reach $6.3 billion by 2027, at a CAGR of 3.6% from 2020 to 2027. Hernia is a type of disease in which the inner layers of abdominal muscles become weak, and the lining of abdomen bulges out into a small sac. It can affect multiple areas such as navel (umbilical hernia) , groin (inguinal hernia) , or incision site of surgery (post-surgery hernia) . The surgical procedures consist of two methods such as open tension-free repair surgery and laparoscopy. However, every year about 20 million inguinal hernia repair surgeries are performed across the world. These surgeries are performed using mesh which are made up of synthetic material or biological material with the help of fixation devices.

Global Hernia Repair Devices and Consumables Market, 2019 & 2027

Market Segmentation

The hernia repair material market is segmented into type, indication, end user, and region. On the basis of type, the market is categorized into synthetic mesh and biological mesh. As per indication, the market is divided into incisional hernia, umbilical hernia, inguinal hernia, and others. On the basis of end user, the market is categorized into hospitals, ambulatory surgical centers, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Regional/Country Market Outlook

North America accounted for a major hernia repair material market share owing to the presence of major players, well-established healthcare system, and higher levels of awareness. In addition, ongoing research and development activities in North America foster innovation in hernia repair material.

Asia-Pacific hernia repair material market share is estimated to grow with the highest CAGR during the forecast period, owing to the lucrative opportunities for the hernia repair material market key players, owing to a rise in target population. Another factor driving the growth of the market is the focus of major players on accessibilities of hernia repair material in untapped economies along with cost effectiveness.

Industry Trends

• Research is ongoing to develop new materials that combine the benefits of both synthetic and biologic meshes, such as bioabsorbable synthetic meshes.

• Advances in robotic surgery are improving the precision and outcomes of hernia repairs, often in conjunction with advanced mesh materials.

Competitive Landscape

The major players operating in the hernia repair material market are Allergan Plc., B. Braun Melsungen AG, Baxter International Inc., Becton, Dickinson and Company (C.R. Bard, Inc.) , Cook Medical, Inc., Herniamesh S.r.l, Johnson & Johnson (Ethicon Inc.) , Medtronic Plc., The Cooper Companies, Inc., and W. L. Gore & Associates, Inc.

Sources Referred

• National Center for Biotechnology Information
• World Health Organization (WHO)
• National Library of Medicine
• The United States Food and Drug Administration
• U.S. Department of Health & Human Services
• Centers for Disease Control and Prevention
• Indian Council of Medical Research
• GOV.UK
• Australian Institute of Health and Welfare

Key Benefits For Stakeholders

• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the hernia repair material market analysis from 2024 to 2033 to identify the prevailing hernia repair material market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the hernia repair material market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
• The report includes the analysis of the regional as well as global hernia repair material market trends, key players, market segments, application areas, and market growth strategies.