In light of the surging cases of hernias, advantageous reimbursement policies, and technological advancements in repair technologies. Numerous cases of hernias are increasing the need for effective repair tools, which is likely to propel market growth. The Food and Drug Administration (FDA) says that more than a million surgeries to fix hernias are done every year in the United States alone. Hernias are becoming more common, which is increasing the need for a good treatment. This will likely lead to market growth.
There was a big effect on the market from the COVID-19 pandemic. A Springer Journal piece says that in February 2019, about 2.5% of emergency fixes and treatments for groin hernias and 5.9% for incisional and umbilical hernias. Another thing is that the German government said there would be no more private surgeries after March 2020. Also, Herniamed said that there was a big drop in the number of hernia fixes in March 2020. An estimated 25% of all surgeries done from February to June 2019 were hernia repairs in April 2020, which was the month with the fewest cases.
Increasing use of robotic-assisted and laparoscopic operations to fix hernias has a big effect on the market. Minimally invasive methods are becoming more common because they offer perks like faster healing, less pain, and shorter hospital stays.
Lifestyle choices like being overweight and not being active enough can lead to a hernia. The number of hernias and the number of surgeries needed to fix them are both affected by changes in living and the rise in fat rates around the world.
Hernias happen more often to guys than to women. An inguinal hernia happens to about 25% of men and 2% of women. Obesity, smoking, an unhealthy lifestyle, and age are all risk factors for this illness. In adults, over 75% of all hernias occur in the groin, leading to a surge in the use of hernia repair devices among this group. Because of the increased prevalence of hernias, there is a strong demand for efficient hernia repair, which is projected to drive market expansion throughout the forecast period.
In recent years, technological improvements in hernia repair devices have accelerated. To address the issues that arise during laparoscopic procedures, advancements such as articulating fixation devices and self-fixating (gripping) meshes are being created. Aside from that, such devices enable surgeons greater access to weak spots inside the abdominal wall while allowing them to efficiently insert the mesh at the required body site, which is projected to drive market expansion.
Report Attribute/Metric | Details |
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Growth Rate | ย ย 4.40% |
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