The Hernia Repair Market Size was valued at USD 4.95 Billion in 2023. The Global Hernia Repair industry is projected to grow from USD 5.22 Billion in 2024 to USD 9.23 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.56% during the forecast period (2024 - 2032). A hernia is a disease that occurs when the muscles of the inner layer of the abdomen get weak. It further bulges and forms a sack. This condition can be harmful as it affects the groin, navel, and surgery site. There are various types of hernias that can happen. Some common hernias are femoral, incisional, and inguinal. However, with proper medication and surgical process, it is possible to treat a hernia. As the cases of hernia are growing rapidly, the market growth will improve accordingly. However, the Asia-Pacific region is projected to have the fastest market growth in the upcoming years. Also, the US in North America is estimated to hold the largest market for Hernia Repair.
The growing utilization of mesh in the context of therapeutic efficacy is anticipated to have a favorable impact on the market. In addition, the increasing prevalence of hernia among global populations and advancements in technology are expected to contribute to the growth of the Hernia Repair market in the coming years. Several significant reasons contribute to the growth of the market, including the rising prevalence of hernia cases, advantageous reimbursement policies, and improvements in technology pertaining to repair devices.
The enhancement of the supply chain and the growing attention of governments in different nations towards healthcare development are expected to provide positive outcomes for the market. The aforementioned reasons are expected to contribute to the growth of the hernia repair market during the projected period. Moreover, it can be anticipated that the market value would experience a concomitant rise in tandem with the escalating demand in the upcoming years.
In recent years, there has been a dramatic surge in technological breakthroughs pertaining to hernia repair equipment. In order to address the challenges encountered in laparoscopic procedures, researchers have made significant progress in the development of innovative technologies, including articulating fixation devices and self-fixating meshes. These advancements aim to improve the efficacy and reliability of laparoscopic interventions. Furthermore, these devices provide surgeons with enhanced access to vulnerable areas within the abdominal wall and facilitate the secure placement of the mesh at the intended anatomical location. This is expected to contribute to the expansion of the market.
COVID-19 Analysis
The increasing cases of COVID-19 disease are one of the major disruptions. It further led to a lockdown and halt in the manufacturing process as well. Even the companies in the healthcare sector faced huge losses due to the pandemic. Moreover, it is anticipated that market of Hernia Repair in the future years can grow at a significant rate with various technological developments.
In May 2023, TISSIUM, a privately held medical technology business, has raised USD 53.45 million from new and current international investors as part of its Series D round of funding, which it disclosed in May 2023. TISSIUM will be able to commercialize its initial products in nerve and hernia repair thanks to the cash, and it will also be able to use the money to expand its pipeline of goods and its platform. TISSIUM's first-in-human trial of COAPTIUM Connect, its first nerve repair product, is currently underway in Australia, and other regulatory processes are also underway, all of which overlap with this new fundraising round.
In March 2023, TELA Bio, Inc. publicized its OviTex PRS Long-Term Resorbable product clearance by the U.S. FDA 510(k)T.
That is to say in October 2022, DORC bought Peregrine Surgical LLC and WEFIS GmbH so as to increase innovation and manufacturing capabilities of the company by expanding geographically and speeding up the market.
In April 2022, Ariste Medical – a pre-commercial drug & device firm, secured a clearance from the U.S. FDA, allowing them to sell their drug–embedded synthetic hernia mesh in America.
In July 2021 - Becton, Dickinson, and Company (B.D.) announced its acquisition of a specialized resorbable polymer technology producer-developer called Tepha, Inc. For B.D.’s current Phasix Mesh products, this procurement of Tepha allows for strategic vertical integration of a critical supply chain element. Also included in this deal is Tepha's GalaFLEX portfolio which also employs the new P4HB polymer.
Synergy Intraperitoneal Biomaterial was introduced in Europe, South Africa and Middle East markets by W.L. Gore & Associates as announced on February 2021. This biomaterial can be used for hernia reconstruction as well as repairing abdominal wall soft tissue defects.
In addition to that September 2020 CE mark for DuraSorb, which is absorbable for aesthetic and reconstructive indications such as breast tissue support, prosthetic breast support and hernia prophylaxis, was received by Surgical Innovation Associates.
Deep Blue Medical responded with its T-line Hernia Mesh complete with suture-like extensions, after receiving FDA approval in August 2020 when addressing major hernia occurrences (or recurrences). These product approvals, plus rise in usage rates of hernia fixation devices among emerging economies within future years, are anticipated to foster the growth of this section.
Similarly, in July 2020, Becton, Dickinson, and Company were given a go-ahead by the FDA for its 3DMax MID Anatomical Mesh, which facilitates soft tissue repair of weak and/or torn muscles due to inguinal hernias.
With the aim of connecting patients with surgeons who can offer comprehensive and personalized hernia repair treatment plans, Orlando Health inaugurated a Complex Hernia Center in December 2022. When multiple unsuccessful attempts have been made to repair the abdominal wall, the hernia is classified as complicated. Issues and recurrences that frequently occur in conjunction with complex hernias may prove to be difficult to manage. To achieve optimal treatment outcomes, a multidisciplinary approach involving surgeons and other medical specialists is essential. The Orlando Health Complex Hernia Center is an innovative initiative designed to provide enhanced support to individuals who have received a hernia diagnosis.
Market Drivers
The increasing use of mesh for efficient treatment will be a positive factor for the market. Along with that, the rising cases of hernia among individuals around the world and technological developments will further drive the market of Hernia Repair in the future years.
Restraints
The increasing costs of the mesh repair are considered to be a significant restraint for the market of Hernia Repair. It is because the mesh is manufactured in developed countries makes it is expensive for middle and low-income countries. Apart from that, the emergence of less-expensive alternatives can also slow down the market growth.
Opportunities
According to the Hernia Repair Market Forecast, various opportunities such as mergers, acquisitions, etc. by the key players will be favorable for the market growth. Therefore, the market will grow at a gradual rate with these strategic steps by the key players.
Challenges
The low availability of skilled laborers is one of the crucial challenges speculated to hinder the market growth of Hernia Repair. Also, the low awareness in the low-income countries and high costs of new products and infrastructure will challenge the market in the future years.
Value Chain Analysis
The improvement in the supply chain and increasing focus of governments across various countries to improve healthcare will be beneficial for the market. These factors will eventually increase the Hernia Repair Market Trends in the studied forecast period. Furthermore, the market value will simultaneously increase with the growing demand in the forthcoming years.
The Hernia Repair Market Size is segmented into hernia type, care setting, fixation, product, and surgery. Based on hernia type, the industry is segmented into Femoral Hernia, Umbilical Hernia, Inguinal Hernia, Hiatal hernia, Epigastric Hernia, and Incisional Hernia.
Based on product, the Market is divided into Consumables, Devices, and Others. The consumables sub-segment is again divided into Biological materials, and Synthetic Materials.
Based on Surgery, the market of Hernia Repair is again divided into Laparoscopy, and Open Hernia Surgery.
Based on fixation, the market is again segmented into Glue, Suture, and Stack.
Based on the care setting, the market of Hernia Repair is divided into Out-Patient and In-Patient.
December 2022: In order to link patients with surgeons who can provide a thorough, individualized treatment plan for hernia repair, Orlando Health has opened a Complex Hernia Center. When repairs to the abdominal wall have been attempted and failed repeatedly, the hernia is deemed complicated. It might be challenging to treat the problems and recurrences that typically accompany complex hernias. A multi-disciplinary strategy including surgeons and other medical specialists is necessary for optimal treatment results. The Orlando Health Complex Hernia Center is a new program with the goal of better serving people who have been diagnosed with a hernia.
Based on region, the market of Hernia Repair is segmented into Europe, the Americas, Africa, and the Middle East, and Asia-Pacific. According to the Hernia Repair Market Analysis, Americas will have the largest share. This region is further segmented into Latin America and North America. Especially, North America will have significant growth in the future years.
Also, the European region is depicted to have the second-largest share in the forthcoming years. Technological development and investments for development and research are crucial reasons for market growth.
Furthermore, the Asia-Pacific region is anticipated to have the fastest market growth in the studied forces period. The growing population of the older generation, increasing technological development, are the important drivers in this region. Also, the rising development by the key players in countries such as India, China, South Korea, etc. is fuelling the Hernia Repair Market Growth.
Also, Africa and the Middle East region are expected to witness gradual growth as compared to the previous years. However, it will have the least share as compared to other regions. But with growing awareness, the market for Hernia Repair will have a gradual growth in this region.
Competitive Landscape
The Hernia Repair Market Size is highly fragmented with the presence of various key players. The key players do acquisitions, market analysis, mergers, collaborations, partnerships, new product launches, etc. Some of the key players in the Market are listed below.
Recent Developments
No Recent Development was found.
Report Overview
The report overview of the Hernia Repair Market Outlook is as follows.
Report Score and Segmentation
The report score offers information about the Hernia Repair Market. It covers information about the market CAGR, drivers, challenges, developments, and many more. The information provided in this report is gathered from various secondary and primary sources.
| Report Attribute/Metric | Details |
| Â Â Market Size 2032 | Â USD 9.23 Billion |
| Â Â CAGR | Â Â 4.56% (2024-2032) |
| Â Â Base Year | Â Â 2023 |
| Â Â Forecast Period | Â Â 2024-2032 |
| Â Â Historical Data | Â Â 2020 |
| Â Â Forecast Units | Â Â Value (USD Billion) |
| Â Â Report Coverage | Â Â Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Â Â Segments Covered | Â Â Hernia type, Products and Surgery Type |
| Â Â Geographies Covered | Â Â North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Â Â Key Vendors | Â Â ABISS, A.M.I. GmbH, Angiologica B.M., Aspide Medical, Atrium Medical Corporation, B. Braun Melsungen AG, Baxter Internationals, C. R. Bard, Inc. (Davol Inc), COOK MEDICAL INC., Cousin Biotech, Covidien (Medtronic), Ethicon, Integra LifeSciences Corporation |
| Â Â Key Market Opportunities | Â Â Strategic collaborations, mergers, and product launches, strategies undertaken by key players in the market |
| Â Â Key Market Drivers | Increase hernia cases Growing awareness about the disease and availability of treatments Advancements in hernia repair |
Hernia Repair Market Highlights:
Frequently Asked Questions (FAQ) :
The valuation of the hernia repair market is estimated to increase to USD 9.23 BN by the end of 2032.
Angiologica B.M. (Italy), A.M.I. GmbH (Austria), Aspide Medical (France), B. Braun Melsungen AG (Germany), Atrium Medical Corporation (Germany), Baxter Internationals (U.S.), Cook Medical Inc. (US), C. R. Bard, Inc. (US), Cousin Biotech (France), Ethicon (U.S.), Covidien (Ireland), ABISS (France), and Integra Life Sciences Corporation (U.S), are some of the major players operating in the hernia repair market.
North America holds the largest share in the global hernia repair market, followed by Europe and the Asia Pacific, respectively.
Increase hernia cases, growing awareness about the disease and availability of treatments, advancements in hernia repair, and increasing medical expenditure are the major tailwinds pushing the growth of the global hernia repair market.
Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global hernia repair market adopt to gain a larger competitive advantage.
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Research Analyst Level I He is an extremely curious individual currently working in healthcare and medical devices domain. kinjoll is comfortably versed in data centric research backed by healthcare educational background. he leverages extensive data mining and analytics tools such as primary and secondary research, statistical analysis, machine learning, data modelling. his key role also involves technical sales support, client interaction and project management within the healthcare team. lastly, he showcases extensive affinity towards learning new skills and remain fascinated in implementing them.
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