Hernia Repair Devices Market Size, Share, Industry, Forecast and outlook (2023-2030)

Hernia Repair Devices Market is segmented By Product type (Mesh & Patch(Natural, Synthetic), Endoscopy Instruments (Electrocardiogram, X-ray and others), Surgical Instruments (Sutures, Graspers, Scissors, Needle drivers and others), others), By Hernia Type (Inguinal hernia (Direct Inguinal hernia, Indirect Inguinal hernia), Hiatal hernia, Hiatal hernia, Femoral Hernia, Spigelian Hernia, and others), By Therapeutic area Segment (Abdomen (Direct Inguinal hernia, Indirect Inguinal hernia), Upper Thigh, Bellybutton, Groin), By Treatment (Laparoscopic Surgery (Direct Inguinal hernia, Indirect Inguinal hernia), Open Tension Repair, Non-Tension Repair, Robotic Repair, Abdominal Wall Reconstruction), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030 

Hernia Repair Devices Market Report Overview

The Hernia Repair Devices Market report provides an analysis of the market size, current trends, competitive landscape, and future market outlook. The demand for hernia repair devices is increasing due to the rising prevalence of hernias, and increasing awareness about hernia repair procedures. The market is witnessing a surge in demand from the European regions. The competitive rivalry is intensifying with major players such as Medtronic plc, Johnson & Johnson, B. Braun Melsungen AG and others actively operating in the market.

Hernia is the condition in which the internal organ or fatty tissue surges out through the fascia, a weak spot present in a surrounding muscle or connective tissue. A hernia occurs most frequently within the abdominal cavity, between the chest and the hips. Inguinal hernia, femoral hernia, umbilical hernia, hiatal hernia, and others are the most prevalent hernia observed across the globe. A hernia is characterized by the signs and symptoms such as swelling in the groin or scrotum, pain at the site of the bulge, pain while lifting, increased bulge size over time, aching sensation, and bowel obstruction. Hernia repair devices are the devices that are used for performing surgical procedures for the correction of a hernia. Hernia repair devices are used for performing laparoscopic and open repair surgery. The market is dominated by the availability of hernia mesh, including synthetic mesh & biologic mesh, and mesh fixators, including sutures, tack applicators, and glue applicators. 

As per DataM Intelligence, the Hernia Repair Devices Market study analysis offers an in-depth outlook on the market containing quantitative and qualitative data. It gives an outlook and forecast of the global market based on market segmentation. It also provides global Hernia Repair Devices Market size, and growth, along with the latest trends, opportunities, and forecast till 2029 for the global market with esteem to major countries such as the United States, Canada, Brazil, Germany, Italy, Spain, United Kingdom, Russia, European countries, United Arab Emirates, Saudi Arabia, South Africa, Japan, China, India, South Korea, Australia, and rest of the countries over the globe.

Among all regions, the North American region is expected to hold the largest share of the global market over the forecast period. Hernia Repair Devices Market in the United States and Canada produces the utmost share. Whereas the European Hernia Repair Devices Market is projected to continue its presence globally from 2023 to 2030.

Hernia Repair Devices Market Scope and Summary

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Hernia Repair Devices Market Dynamics and Trends

Increasing funding & investment for the development of the Hernia Repair Devices is expected to drive market growth.

Several companies are raising funding and investment for developing the Hernia Repair Devices. For instance, in January 2020, Virtual Incision Corporation raised USD 20 million in a Series B+ financing round led by the investor Bluestem Capital, with participation from returning investor PrairieGold Venture Partners and Genesis Innovation Group, and other affiliated investors. This funding would be used to support the regulatory and clinical programs leading to the commercialization of the miniaturized in vivo robotic assistant (MIRA) Surgical Robotic Platform for various applications such as hernia repair, gallbladder removal, anti-reflux surgery, splenectomy, adrenalectomy, gastric sleeve, gastric bypass, hysterectomy, and hepato-pancreato-biliary procedures. Thus, from the above statements, the market is expected to drive in the forecast period.

Adverse Effects Associated with using Hernia Repair Devices are expected to hamper the market growth.

The market is hindered by the adverse effects associated with the use of hernia repair devices. Several adverse effects were observed among patients treated with hernia repair devices, such as pain, infection, recurrence, adhesion, bowel obstruction, organ perforation, and other adverse effects. According to the British Journal of Surgery, the hernia mesh's coating has reduced the adhesion for a week. There was no adhesion prevention through the hernia mesh coating after a month. Mesh also leads to bowel obstruction as it can migrate in the body. According to the Food and Drug Administration (FDA), the recalled mesh is the leading cause of bowel preformation and obstruction among patients. Chronic infections such as inflammation, fever, and other flu-like symptoms are observed among the patients. According to the Food and Drug Administration (FDA), the Ethicon physio mesh implant was detached and migrated among the patients. This implant was attached to the patient's intestine and the skin. Migration of the implant resulted in excess pain and severe damage.

COVID-19 Impact on Hernia Repair Devices Market Growth

The global hernia repair devices market has been impacted due to the COVID-19 pandemic as there is a decreased number of patients undergoing hernia repair surgeries with the increasing number of people suffering from COVID-19. COVID-19 can be a serious threat to carrying out corneal surgery. Globally, the demand for hernia repair devices has reduced due to the COVID-19 pandemic with the decrease in the number of people undergoing hernia repair surgery. According to F. Köckerling et.al. 2020, approximately, 28 million elective operations were canceled during the peak 12 weeks of disruption that occurred due to  COVID-19. According to the hernia registry, the number of inguinal hernia repair surgery had witnessed a decrease from 6,699 surgeries in February 2020 to 3033 in June 2020 due to the COVID-19 pandemic. The number of umbilical hernia repair surgeries has decreased from 1, 692 in February 2020 to 1,421 in June 2020.

Industry Analysis

The hernia repair devices market provides an in-depth analysis of the market based on various industry

Hernia Repair Devices Market Segment and Shares

The hernia mesh segment is expected to hold the largest share of the hernia repair devices market.

The hernia mesh segment accounted for holding the largest share of the hernia repair devices market due to the rising penetration of the hernia mesh. As per Sanders DL et al., yearly, around 20 million prosthetic meshes are implanted among patients with hernias worldwide. Every year nine out of ten hernia surgeries are performed using the hernia mesh in the United States. Hernia mesh supports the damaged tissue around hernias. It can be easily placed around the hernia by attaching it with stitches, staples, or glue. Hernia mesh comprises synthetic materials that can be absorbable, non-absorbable, or a combination of both materials found in knitted mesh or non-knitted sheet forms. Hernia mesh is effective in lowering the recurrence of the hernias. The market is dominated by the availability of several hernia mesh products. For instance, Atrium comprises the several hernia mesh product portfolio such as C-QUR, Vitamesh, Proloop, Prolite, and Prolite UltraQ; B. Braun comprises the several hernia mesh portfolio such as Premilene, Omyra, and Optilene; LifeCell Corporation comprises the hernia mesh product portfolio such as Alloderm Select, Strattice; and Medtronic comprised of the hernia mesh product portfolio such as Parietex, Permacol, ProGrip, Symbotex, Versatex.

Hernia Repair Devices Market Geographical Analysis

North American region is expected to hold the largest market share in the global hernia repair devices market.

North America dominated the global hernia repair devices market. It accounted for the largest market share in 2021, owing to the increasing adoption of hernia repair devices for performing hernia repair surgeries. According to Raquel Maia et al. 2021, published in Annals of Laparoscopic and Endoscopic Surgery, around 350,000 abdominal wall hernia repair surgeries were performed in a year. There is a high recurrence rate of hernias. The United States accounts for the highest market share due to the availability of favorable reimbursement policies for hernia repair surgeries. There presence of several market players developing advanced hernia repair devices. For instance, Ariste Medical gained 510(k) authorization from the US Food and Drug Administration in April 2022 to market their drug-embedded, synthetic hernia mesh in the US.

Hernia Repair Devices Market Companies and Competitive Landscape

Major key players in the hernia repair devices market are Medtronic Plc, Ethicon Inc., Atrium, Lifecell Corporation, B Braun Melsungen AG, Baxter International, Inc., Cook Medical, Becton, Dickinson and Company, CooperSurgical Inc., Insightra Medical, Inc., Olympus Corporation, and Integra Lifesciences.

Medtronic Plc:

Overview:

Medtronic plc is an American-Irish registered medical device company primarily operating in the United States. It has an operational and executive headquarters in Fridley, Minnesota, in the US. Moreover, it develops and manufactures devices and therapies to treat more than 30 chronic diseases, including heart failure, Parkinson's disease, urinary incontinence, Down syndrome, obesity, chronic pain, spinal disorders, and diabetes. It is operated in 140 countries and employs over 104,950 people.

Product Portfolio

Dextile Anatomical Mesh: Dextile anatomical mesh offers:

• 3-D patented anatomical shape conforms with each side of the inguinal anatomy contours.
• Wide coverage of the myopectineal orifice to minimize the risk of recurrence.
• Exclusive structure to maintain shape after trocar passage.
• Large pore size supports excellent tissue ingrowth and visualization of surrounding anatomy during surgery.

The global hernia repair devices market report would provide an access to approx. 45+market data table, 40+figures and 180pages

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