Hernia Repair Devices Trends and Forecast
The future of the global hernia repair devices market looks promising with opportunities in the open surgery and laparoscopic surgery markets. The global hernia repair devices market is expected to reach an estimated $6.1 billion by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are increasing cases of hernia, growing adoption of mesh in hernia repair surgeries, and technological advancement in minimally invasive hernia treatment procedures.
• Lucintel forecasts that, within the product type category, hernia mesh is expected to witness the highest growth over the forecast period due to its capability to provide long-term tensile strength to prevent a recurrence and ensure improved resistance to infection.
• Within the procedure type category, Open surgery will remain the larger segment as it ensures a low cost of the procedure and fewer post-operative complications.
• In terms of regions, APAC is expected to witness the highest growth over the forecast period due to the increasing prevalence of hernias and rising healthcare reimbursements in the region.
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Emerging Trends in the Hernia Repair Devices Market
The hernia repair devices market is evolving with new trends that focus on improving patient outcomes, reducing recovery times, and enhancing the efficacy of surgical procedures. These emerging trends are driving the development of next-generation hernia repair solutions and reshaping the market landscape.
• Growing volume of robotic hernia repair surgeries: Especially in hernia surgery, the use of robotic-assisted operations is on the rise, which helps the surgeon operate with higher efficiency. This trend is expected to improve clinical outcomes for patients, shorten the duration of hospitalization, and reduce the rate of complications in the postoperative period.
• Biocompatible or absorbable mesh generation: The market is seeing a change to more novel approaches to infection prevention utilizing biocompatible and absorbable meshes. In such cases, these meshes will assist the tissues in healing properly without causing scar tissue, thus lowering the chances of rehabilitation.
• Rising use of laparoscopic hernia repair surgeries: There is an increase in the acceptance of laparoscopic methods for hernia repair. This trend is based on the fact that the pain, recovery period, and scar associated with laparoscopic surgery are more preferable than those associated with open surgery.
• Integration of smart technology in devices: New smart hernia repair devices are on the rise with embedded sensors and analytical features that permit the repairing process to be done in a more interactive manner with supervision. This technology aims to improve the quality of care and enhance postoperative outcomes.
• Patient-centric focus: Skyrocketing attention is being directed toward patient-focused treatments in non-endoscopic surgical hernia repair strategies. Devices and practices are oriented toward individual patient needs. This direction of change is aimed at developing and implementing treatment plans that increase patient satisfaction with the quality of care.
Such trends as advanced developments in enabling resources for enhanced protection and operational excellence improvement will lead to the transformation of the hernia repair devices market. These emerging trends in the market will improve patient care and their end results.
Recent Developments in the Hernia Repair Devices Market
The hernia repair devices market has experienced changes due to the resurgence of growth and the introduction of new devices. These advancements are making surgery safer, increasing device effectiveness, and making sophisticated hernia repair options available to a wide range of patients.
• Introduction of advanced mesh products: New advanced mesh products have been developed, allowing for deeper tissue orthotic aids and decreasing the incidence of injuries. These meshes are expected to be more amenable to the body, resulting in better outcomes and shorter healing periods.
• Expansion of robotic surgery techniques: The scope of robotic surgery techniques in the repair of hernias is increasing, giving surgeons better accuracy and control. This development is resulting in reduced complications, shorter healing times, and improved patient satisfaction.
• Innovations in laparoscopic instruments: Major improvements have been made regarding laparoscopic instruments, significantly enhancing their performance and handling. Such advancements contribute to the increased use of laparoscopic procedures for hernia repair.
• Increased focus on outpatient procedures: The trend in the market is shifting toward outpatient hernia repair procedures, which are less invasive and require less time in the hospital for treatment. This trend is enhancing patient comfort and decreasing the total cost of treatment.
• Rise of smart hernia repair devices: The hernia repair industry is undergoing changes with the recent development of new smart hernia repair devices, which feature advanced technologies such as real-time monitoring capabilities and data analytics.
These changes are positively affecting the hernia repair devices industry by introducing new ideas, enhancing surgical outcomes, and increasing the number of patients who can access new treatment options. These improvements will be important in the hernia repair market as it matures.
Strategic Growth Opportunities for Hernia Repair Devices Market
The hernia devices market has been growing considerably due to the increasing hernia population, the improvement of surgical techniques, and the growing market for minimally invasive treatments. This market provides many opportunities for further growth in several key areas.
• Robotic hernia repair: Robotic surgery is becoming popular due to its high accuracy, fewer incisions, and better recovery for patients after the procedure. This technology is expected to boost the market, especially in developed regions.
• Minimally invasive hernia repair (MIHR): MIHR procedures are gaining acceptance as the preferred technique for surgical hernia repair, leading to high demand for laparoscopic and endoscopic devices. This shift is likely to stimulate market growth.
• Single-port hernia repair: Single-port surgery results in less tissue damage, faster recovery, and better aesthetic outcomes after the operation. The increasing use of this technique is likely to present a significant market for single-port hernia repair devices.
• Hernia mesh devices: Hernia devices such as hernia mesh implants are considered most effective in hernia repair, as they help to reinforce the area and prevent hernia recurrence. Mesh products that utilize new high technologies, such as absorbable and lightweight materials, are also contributing to market growth.
• Hernia repair devices for pediatric patients: The increasing occurrence of hernias within the pediatric population signifies a heightened need for designing hernia repair devices specifically for children. Device design and materials are becoming more responsive to the specific needs of this patient population.
These are some of the strategic growth opportunities that will drive expected growth in the hernia repair devices market. Due to emerging technologies, shifting surgical trends, and increasing awareness regarding the hernia repair procedure, the market is experiencing a positive growth trajectory.
Hernia Repair Devices Market Driver and Challenges
Hernia repair procedures are associated with the use of specific devices, and as such, the market for these devices is influenced by the technological and economic conditions of the industry, as well as regulatory factors. It is therefore necessary for stakeholders to understand the major drivers and challenges in the market to position themselves effectively.
The factors driving the hernia repair devices market include:
• Technological advancements: Novel techniques adopted in surgery, along with new materials and devices, are boosting the market.
• Increasing incidence of hernias: The growing elderly population and rising obesity levels are making hernias more common.
• Rising healthcare expenditures: There has been an increase in healthcare spending, especially in developing countries, leading to higher market demand for hernia repair devices.
• Favorable reimbursement policies: The existence of government funding to cover patients who choose to undergo laparoscopic surgery helps to expand the market.
• Growing awareness and patient preferences: Patients are increasingly seeking information on hernia repair methods, leading to rising demand for less invasive and more efficient procedures.
Challenges in the hernia repair devices market include:
• Regulatory hurdles: Strict regulatory requirements concerning the safety and approval of devices can pose challenges in the market.
• Reimbursement challenges: Reimbursement policies vary across different regions, which can limit companiesÄX%$%X success in the market.
• Competition: Intense competition among device manufacturers leads to price competition and shrinking profit margins.
The hernia repair devices market has both drivers and barriers to overcome. While technological advancements, increasing hernia incidence, and favorable reimbursement conditions stimulate growth, regulatory concerns, reimbursement issues, and competition stand out as key challenges. Effectively managing these factors will be crucial for success in the market.
List of Hernia Repair Devices Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hernia repair devices companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hernia repair devices companies profiled in this report include-
• B Braun Melsungen
• Cook Medical
• Medtronic
• W.L. Gore & Associates
• Ethicon
• C.R Bard
• Atrium
• Lifecell Corporation
• Baxter International
• Herniamesh S.R.L.
Hernia Repair Devices by Segment
The study includes a forecast for the global hernia repair devices by product type, surgery type, procedure type, and region.
Hernia Repair Devices Market by Product Type [Analysis by Value from 2018 to 2030]:
• Hernia Mesh
• Hernia Fixation Devices
Hernia Repair Devices Market by Surgery Type [Analysis by Value from 2018 to 2030]:
• Inguinal Hernia
• Umbilical Hernia
• Incisional Hernia
• Femoral Hernia
• Others
Hernia Repair Devices Market by Procedure Type [Analysis by Value from 2018 to 2030]:
• Open Surgery
• Laparoscopic Surgery
Hernia Repair Devices Market by Region [Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
Country Wise Outlook for the Hernia Repair Devices Market
Significant changes are being recorded in the hernia repair devices market across advanced countries. There is also an increasing demand for advanced and efficient repair solutions in tandem with the rise in the prevalence of hernias. This change has led to increased research and technological growth, mainly in the US, India, Germany, and Japan.
• United States: In the US market, there has been a relative shift from open hernia repair techniques to the use of minimally invasive laparoscopic and robotic-assisted surgeries. The introduction and use of surgical procedures that include advanced mesh products and laparoscopic techniques are driven by better patient outcomes and shorter recovery times.
• India: In India, improvement in healthcare expenditure and efforts to upgrade hospital orientation are promoting the market for hernia repair devices. The government’s encouragement of the production of quality medical devices within the country has led to a rise in locally made hernia repair products.
• Germany: Germany is among the leading countries utilizing recent innovations in hernia repair, particularly incorporating biocompatible meshes and advanced surgical instruments. Internal technological capabilities within the country favor improvements in surgical techniques, supported by research and development.
• Japan: Japan places strong emphasis on high-tech robotic-assisted surgical treatments for ventral hernias. Given the aging demographic and high healthcare demands, there is significant demand for pain-free and scar-less surgical approaches, fostering the acceptance of novel hernia surgery technologies.
Features of the Global Hernia Repair Devices Market
Market Size Estimates: Hernia repair devices market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Hernia repair devices market size by product type, surgery type, procedure type, and region in terms of value ($B).
Regional Analysis: Hernia repair devices market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, surgery types, procedure types, and regions for the hernia repair devices market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hernia repair devices market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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FAQ
Q.1 What is the hernia repair devices market size?
Answer: The global hernia repair devices market is expected to reach an estimated $6.1 billion by 2030.
Q.2 What is the growth forecast for hernia repair devices market?
Answer: The global hernia repair devices market is expected to grow with a CAGR of 4.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the hernia repair devices market?
Answer: The major drivers for this market are increasing cases of hernia, growing adoption of mesh in hernia repair surgeries, and technological advancement in minimally invasive hernia treatment procedures.
Q4. What are the major segments for hernia repair devices market?
Answer: The future of the hernia repair devices market looks promising with opportunities in the open surgery and laparoscopic surgery markets.
Q5. Who are the key hernia repair devices market companies?
Answer: Some of the key hernia repair devices companies are as follows:
• B Braun Melsungen
• Cook Medical
• Medtronic
• W.L. Gore & Associates
• Ethicon
• C.R Bard
• Atrium
• LifeCell Corporation
• Baxter International
• Herniamesh S.R.L.
Q6. Which hernia repair devices market segment will be the largest in future?
Answer: Lucintel forecasts that hernia mesh is expected to witness the highest growth over the forecast period due to its capability to provide long-term tensile strength to prevent a recurrence and ensure improved resistance to infection.
Q7. In hernia repair devices market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to the increasing prevalence of hernias and rising healthcare reimbursements in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the hernia repair devices market by product type (hernia mesh and hernia fixation devices), surgery type (inguinal hernia, umbilical hernia, incisional hernia, femoral hernia, and others), procedure type (open surgery and laparoscopic surgery), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to hernia repair devices market or related to hernia repair devices companies, hernia repair devices market size, hernia repair devices market share, hernia repair devices market growth, hernia repair devices market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.