The global Hernia Mesh Devices Market size is anticipated to value at USD 5.03 billion by 2025. The market is subject to witness a substantial growth due to the rise in the occurrence of hernia, and cost-effectiveness of the treatment associated with it. Some of the key factors responsible for the growth of the market are rise in the use of meshes, cost-effectiveness, and minimum pain during the treatment, lower operational time, and easy accessibility of these devices in the market. Globally, the market is predicted to grow at CAGR of 2.8% in forecast period, providing numerous opportunity for market players to invest for research and development in the hernia mesh devices industry.

The adoption of hernia mesh enables a favorable scenario in which patients opt for open or laparoscopic procedures. Hernia mesh also provide patients with easy accessibility to detail-oriented reimbursement ratios via governmental agencies and market players. The reimbursement codes and ratios are directly related to the type of hernias such as primary and recurrent hernia, coupled with different methods of surgery similar to open and laparoscopic.

Hernia is a medical condition that results in aligning of abdomen swelling into a small case because of the bad condition of abdominal muscles. Increase in smoking, coupled with other factors such as poor nutrition, hereditary disorders, and changing food patterns are leading causes of rising incidence of hernias, thus propelling the demand for hernia mesh devices market.

The hernia disorders are more prevalent among smoking population due to constant coughing. Occurrence of the hernia in smoking population is four times higher as that of normal patients. Adoption of hernia meshes decreases operational and recovery period, which in turn serves as a critical factor for increasing preference towards hernia meshes, thus contributing significantly to the growth of hernia mesh devices industry in recent years. Additionally, some of the vital benefits offered with the use of hernia meshes include reduction in recurrence and alleviated pain, thus propelling growth of the market over the forecast period.

Substantial investment by regional governments and privately-owned institutions in research and development of the hernia meshes are likely to produce vital result in near future. The R&D in the market of hernia mesh devices is majorly attributed to fulfill patient demands and offer ease during the treatment. Such factors are fueling the market expansion of hernia mesh devices in coming years.

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The hernia mesh device market is categorized into three main types on the basis of target disease such as inguinal, incisional, and femoral. Inguinal hernia is considered as one of the fasted growing segments with highest revenue generation in the forecast period. Incidences related to the inguinal hernia are ten times more frequent in men as compared with women, making repair expenditure mandatory.

Occurrence of femoral hernia is prevalent among older women due to the increased size of female pelvis because of the old age. Application of hernia meshes diminishes chances of returning hernia due to which wide adoption of hernia meshes is increasingly preferred by doctors. The hernia mesh devices industry is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa.

North America has shown major growth in recent years owing to the rise adoption of latest methodologies for the treatment of hernia and existence well-established healthcare infrastructure. Asia-Pacific region is predicted to hold major market share in the hernia mesh devices market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing number of patient pool, rising awareness about the disease, growing healthcare infrastructure and easy accessibility to the treatment. The key players in the hernia mesh device industry are Ethicon Incorporations, C. R. Bard, Incorporations, W. L. Gore Incorporations, Atrium Medical Co., LifeCell Co., and B. Braun Melsungen AG.

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Market Segment:

Hernia Type Outlook (Revenue, USD Million; 2014 - 2025)
    • Inguinal Hernia
    • Incisional Hernia
    • Femoral Hernia
    • Others

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[151 Pages Report] The Hernia Repair Market is projected to reach USD 4.75 billion, at a CAGR of 3.0% during the forecast period.

Market Segmentation in Detailed:

On the basis of product, the hernia repair market is segmented into mesh and mesh fixators. A mesh is used for reinforcing weak spots in the muscle while repairing the hernia. Mesh fixators are used to fix the mesh in its place to avoid displacement.

On the basis of type, this market is segmented into synthetic and biologic mesh. In 2018, the biologic mesh segment is expected to register the highest growth rate in the hernia mesh market. The increasing number of clinical trials to establish safety and the benefits of biologic meshes coupled with technological advancements to reduce ‘could be’ issues with this mesh are some of the factors triggering the growth of this segment.

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Market Dynamics

The increasing number of hernia repair procedures, advantages of mesh in hernia repair, and technological advancements are the major factors driving the hernia repair market. In addition, emerging markets are expected to emerge as potential areas of opportunity for players in this market.

Driver: Increasing hernia prevalence;

The growing prevalence of hernia is the main driving force for the growth of the hernia mesh repair market. This is mainly attributed to the overall increase in population, specifically geriatric and obese population, and improvements in healthcare systems that have enabled the early detection and treatment of hernia.

Age contributes significantly to the risk of hernia by retarding the body’s capabilities and natural healing abilities over time. According to a registered study in the UK, the prevalence of hernia was found to increase with age, from 5% in the 25¡V34 age group to:

• 10% in the 35-44 age group
• 18% in the 45-54 age group
• 24% in the 55-64 age group
• 31% in the 65-74 age group

In addition, the incidence of hernia among men aged 75 years and above was found to be 45%. Consequently, the growth in aging population can be expected to boost overall hernia incidence in the coming years.

Geographical growth scenario of Hernia Repair Market:

The global market is segmented into four major regions, namely, North America, Europe, the Asia Pacific, and the Rest of the World (RoW). In 2018, North America is estimated to account for the largest market for hernia mesh devices. The large share of North America in this market can be attributed to the strong demand for and adoption of hernia repair in the US, presence of a large pool of hernia patients, and an efficient and favorable healthcare system are supporting the growth of the hernia mesh Market in North America.

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Leading market players and strategies adopted:

The prominent players in the Hernia Repair Market include Covidien ( Part of Medtronic) (Ireland), Ethicon (Part of Johnson & Johnson) (US), B. Braun (Germany), C.R. Bard (Part of Becton Dickinson) (US), W. L. Gore (US), LifeCell (Part of Allergan) (Ireland), Maquet (Part of Getinge) (Sweden), Cook Medical (US), Integra (US), DIPROMED (Italy), FEG (Germany), Cousin Biotech (France), Herniamesh (Italy), Aspide Medical (France), TransEasy Medical (China), and Via Surgical (Israel).

Hernia Repair Market is estimated to value over USD 4.9 billion by 2027 end and register a CAGR of 3.5% from the forecast period 2020-2027.

The report initiates from the outline of business surroundings and explains the commercial summary of chain structure. Moreover, it analyses forecast By Product, By Hernia Type, By Region and Hernia Repair Market analysis.

Additionally, this report illustrates the corporate profiles and situation of competitive landscape amongst numerous associated corporations including the analysis of market evaluation and options associated with the worth chain. This report provides valuable insights on the general market profit through a profit graph, an in depth SWOT analysis of the market trends alongside the regional proliferation of this business vertical.

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Market Segmentation:

This Market is divided By Product, By Hernia Type and By Region.

Regionally, the worldwide Hernia Repair Market is fragmented as North America, Europe, Asia Pacific and also the rest of the world.

Key Market Players:

Major market players enclosed within this market are Aspide Medical, B. Braun Melsungen AG, Cook Medical, Cousin Biotech, C.R Bard, Covidien, Dipromed, Ethicon, Feg Textilechnik MBH, Hernianesh, Intregra Lifesciences, Lifecell, Maquet Holding.

(Note: The list of the key players are going to be updated with the most recent market scenario and trends)

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FutureWise Key Takeaways:

• Growth prospects
• SWOT analysis
• Key trends
• Key data-points touching market growth

Competitive Landscape:

• Tier 1 players- well-established companies in the market accounting a major market share  
• Tier 2 players 
• Rapidly growing players
• New Entrants

Objectives of the Study:

• To offer with an complete analysis on the Hernia Repair Market By Product, By Hernia Type and By Region
• To cater comprehensive data on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To measure and forecast micro-markets and also the overall market
• To predict the market size, in key regions — North America, Europe, Asia Pacific and rest of the world
• To record and evaluate the competitive landscape mapping - product launches, technological advancements, mergers and expansions

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