Global Hernia Repair
Market Report
2024
The Hernia Repair market was valued at USD 4.50 billion in 2022 and will reach USD 6.90 billion by 2030, registering a Compound Annual Growth Rate of 5.5% for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, The Hernia Repair market was valued at USD 4.50 billion in 2022 and will reach USD 6.90 billion by 2030, registering a Compound Annual Growth Rate of 5.5% for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Hernia Repair Market Sales Revenue 2022 | $ 4.5 Billion |
Global Hernia Repair Market Sales Revenue 2030 | $ 6.9 Billion |
Global Hernia Repair Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.5% |
Market Split by Product |
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Market Split by Type |
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Market Split by Surgery |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Hernia Repair Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A hernia is a protrusion of an organ through the muscle containing it. This condition is found most often in the abdominal wall when the intestine tries to push through a weak point of the wall. Hernia occurrence symptoms include constipation, vomiting, discomfort, and nausea. Hernias are usually treated with surgeries such as open hernia repair, laparoscopic hernia repair, and robotic hernia repair. Hernias can be repaired with surgery, and the majority of them aren’t serious. The following are types of hernias: femoral hernia, umbilical hernia, inguinal hernia, and incisional hernia.
The National Center for Biotechnology Information (NCBI) revealed that surgical operations to repair hernias were performed anywhere between 10 times per 100,000 people in the US. According to the clinical studies, inguinal hernias, which make up around 75% of all abdominal hernias, are one of the most prevalent types of abdominal hernias. As a result, the market for hernia repairs is directly impacted by the rise in hernias. Additionally, it was shown that 45% of men over the age of 75 had hernias. Therefore, it is anticipated that the market for hernia repair would grow as hernias become more common in both male and female populations.
The hernia repair mesh is manufactured in developed countries, making it more expensive for developing and emerging countries. There is no emergence of alternatives with cost-effective mesh repairs, and therefore, this impedes the growth of the hernia repair market. Furthermore, low-income countries and the high costs of hernia repair mesh are expected to challenge the hernia repair market. In addition to this, the low availability of skilled professionals is one of the major restraints for the hernia repair market.
During the COVID-19 pandemic, the hernia repair market was adversely impacted. There were fewer patient visits, and the hernia surgeries were postponed. This led to complications for the patients. There was a tremendous reduction in open surgery for hernias due to lockdowns. As stated in the Surgery Journal, 43% of patients had hernia surgery during COVID-19, and a few of them experienced incarceration, while others had an emergency department encounter. Thus, there was a drop in hernia repair procedures during the pandemic, which indirectly hampered the growth of the hernia repair market.
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Ariste Medical received the FDA’s 510(k) clearance for its synthetic hernia mesh. This mesh reduced bacterial colonization in and around the implant and prevented infection. This leads to better long-term patient outcomes.
BG Medical, manufacturer and distributor of the SURGIMESH Platform, partnered with CQInsights and developed a strategy that improved patient outcomes to spread sustainable solutions that improved healthcare for everyone. This reduced the chronic pain after the hernia surgery.
Top Companies Market Share in Hernia Repair Industry: (In no particular order of Rank)
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Globally, the hernia repair market based on region is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. The largest market share is dominated by North America due to improved healthcare facilities and increasing rates of hernia disorders. As estimated by the FDA, more than 800,000 inguinal repair surgeries are done annually in the United States. According to the Canadian Journal of Surgery in April 2022, about 85% of men suffer from inguinal hernias. Thus, this will increase the number of surgeries and, therefore, drive the market growth of hernia repair.
The current report Scope analyzes Hernia Repair Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Hernia Repair Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Hernia Repair Industry growth. Hernia Repair market has been segmented with the help of its Product, Type Surgery, and others. Hernia Repair market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Globally, the hernia repair market based on products is classified into hernia mesh and hernia fixation devices. The hernia mesh segment is estimated to have the largest market share due to its safety and benefits combined with technological advancements. The two common types of hernia mesh are synthetic and biological mesh. They can bear high tensile strength in the long run and stop the recurrence of the hernia. It also has high infection-resistance properties. Due to easy access to raw materials and the high availability of synthetic mesh, the hernia mesh segment is expected to propel its market growth.
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Based on type, the hernia repair market is bifurcated into inguinal hernia, femoral hernia, incisional hernia, and umbilical hernia. The inguinal hernia segment is expected to dominate the market because it’s one of the most common types of abdominal hernias, globally. As estimated by the FDA, more than 800,000 inguinal repair surgeries are done annually in the United States. The inguinal hernia also prevails in men. About 25% of men suffer from this condition, which has thus augmented the number of inguinal hernia surgeries. This boosts hernia repair market growth.
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Globally, the hernia repair market is classified into open surgery and laparoscopic surgery. The open surgery segment dominates the market due to its cost-effectiveness and fewer post-operative complications. The open hernia surgery consists of making a large incision over the abdomen, and then the mesh is placed on the healed hernia to reinforce its issue. Therefore, benefits like affordable treatment and fewer side effects tend to increase the overall growth of the hernia repair market.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Hernia Repair Market is witnessing significant growth in the near future.
In 2023, the Hernia Mesh segment accounted for noticeable share of global Hernia Repair Market and is projected to experience significant growth in the near future.
The Inguinal Hernia segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies B Braun Melsungen AG , Ethicon Inc. and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product | Hernia Mesh, Hernia Fixation Device |
Type | Inguinal Hernia, Femoral Hernia, Incisional Hernia, Umbilical Hernia |
Surgery | Open Surgery, Laparoscopic Surgery |
List of Competitors | B Braun Melsungen AG, Medtronic Plc, Ethicon Inc., Cook Medical, LifeCell Corporation, C.R. Bard Inc., Atrium, W.L. Gore & Associates, Baxter International, and Herniamesh S.R.L |
This chapter will help you gain GLOBAL Market Analysis of Hernia Repair. Further deep in this chapter, you will be able to review Global Hernia Repair Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
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Chapter 11 Market Split by Type Analysis 2019 -2031
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Chapter 12 Market Split by Surgery Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Hernia Repair market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Hernia Mesh have a significant impact on Hernia Repair market? |
What are the key factors affecting the Hernia Mesh and Hernia Fixation Device of Hernia Repair Market? |
What is the CAGR/Growth Rate of Inguinal Hernia during the forecast period? |
By type, which segment accounted for largest share of the global Hernia Repair Market? |
Which region is expected to dominate the global Hernia Repair Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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