The growth of the global hernia repair devices market is majorly driven by increase in the prevalence of hernia cases especially inguinal hernia. The other factors boosting the market growth includes the rise in adoption of tension-free repair procedures, technological advancement in the mesh materials such as biological mesh by key players, and surge in the demand for robotic surgeries.

However, factors such as high cost of hernia repair surgeries and inconsistent reimbursement policies hampers the market growth. Conversely, the development of novel products by key vendors such as biological mesh and high market potential in untapped emerging economies are expected to provide lucrative growth opportunities for the market.

Key Market Trends

Polymeric and Prosthetic Mesh are Expected to Cover a Large Share of the Hernia Repair Devices Market

As per and article published by Sanders DL et al, it is estimated that 20 million prosthetic meshes are implanted each year across the globe. It is clear that the evolution of meshes is not yet complete and the ideal mesh is yet to be found. There is a vast array of prosthetics available for hernia repair. The use of hernia mesh products to surgically repair or reconstruct anatomical defects has been widely adopted. It was estimated that more than 80% of hernia repairs performed in the United Sates use the mesh products. The surgical mesh firmly reinforces the weakened area and provides tension-free repair that facilitates the incorporation of fibrocollagenous tissue.

According to the CDC in 2015, 18.5 million people across the globe were affected by inguinal, femoral, and abdominal hernias, out of which 59,800 resulted in death. The majority of hernia cases worldwide are inguinal.

According to an article published by Santhini Elango et al in 2017, in India, the incidence of hernia is increasing at an alarming rate among the individuals over 50 years old, and to date about 2% of the population are affected by hernia. Therefore, the rising prevalence of hernia cases across the globe is expected to drive the market during the forecasted period.

North America is Expected to Dominate the Hernia Repair Devices Market

North America has an improving number of health care facilities and increasing incidence rates of hernia disorder cases that is expected to drive the overall market. In United States alone, 350,000 abdominal wall hernia repairs are performed annually, as per Raquel Maia et al., published in Annals of Laparoscopic and Endoscopic Surgery 2019.

Prosthetic mesh is frequently used to reinforce the repair. This is done in at least half of all abdominal wall hernia repairs performed in the United States.Morover, the North American countries the United States (US) and Canada have a developed and well-structured health care system. These systems also encourage research and development. These policies encourage global players to enter the US and Canada. These countries also have higher adoption rates of new technologies.

As a result, these countries enjoy the presence of many global market players. As high and increasing demand is met by the presence of global players in the region, the market is further expected to increase.

Competitive Landscape

Majority of the hernia repair devices are being manufactured by the global key players. Market leaders with more funds for research and better distribution system have established their position in the market. Moreover, Asia-pacific is witnessing an emergence of some small players due to the rise of awareness. This has also helped the market grow.

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