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

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:

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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.

Key Segments

By Product:

By Procedure:

By Hernia Type:

By End Use:

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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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