According to IMARC Group’s latest report, titled “Hernia Repair Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global hernia repair market reached a value of US$ 4.3 Billion in 2020. Looking forward, IMARC Group expects the market to exhibit stable growth during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Hernia is a medical condition where an organ or fatty tissue moves towards a sensitive spot surrounding muscles or connective tissues. Few common types of hernias are inguinal, femoral, incisional, ventral, umbilical, and Hiatal hernias. It is usually caused due to obesity, diarrhea, constipation, and persistent coughing or sneezing. Hernia is treatable through several non-surgical and surgical methods, such as laparoscopic and open repair procedures. These procedures utilize several repair devices, including fixation devices, consumables, and prosthetics, for blocking holes in the abdominal wall and preventing disease reoccurrence.
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The growing incidences of hernia and other abdomen-related disorders, particularly among the rising geriatric population, are augmenting the hernia repair market. Additionally, the increasing awareness towards several treatment procedures for hernia, including minimally invasive (MI) hernia repair devices, is also fostering the market growth. Moreover, various product innovations have led to the development of biologic allograft mesh for minimizing post-surgery pain and faster recovery. Furthermore, the increasing penetration of robotics in surgical procedures is anticipated to drive the hernia repair market.
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The report has segmented the market on the basis of product type, surgery type, hernia type, end-user and geography.
Breakup by Product Type:
- Hernia Mesh
- Synthetic Mesh
- Biological Material Mesh
- Hernia Fixation Devices
- Absorbable and Non-Absorbable Tack Fixation Devices
- Glue Applicators
- Endoscopy Equipment
Breakup by Surgery Type:
- Open Tension Repair Surgery
- Tension-Free Repair Surgery
- Laparoscopic Surgery
Breakup by Hernia Type:
- Inguinal Hernia
- Ventral Hernia
- Femoral Hernia
- Umbilical Hernia
- Hiatal Hernia
Breakup by End-User:
- Ambulatory Surgery Centers
- Hospitals and Clinics
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
The report has also analysed the competitive landscape of the market with some of the key players being B. Braun Melsungen Aktiengesellschaft, Baxter International Inc., BD (Becton, Dickinson and Company), Cook Medical Inc., CooperSurgical Inc., Ethicon Inc. (Johnson & Johnson), Herniamesh S.r.l., Lifecell Corporation (Allergan Plc), Maquet (Getinge), Medtronic Inc., Olympus Corporation, Via Surgical Ltd., W. L. Gore & Associates Inc., etc.
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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