Hernia Repair Devices And Consumables Market

The global market for hernia repair devices and consumables reached a value of $4,742 million in 2019 and is projected to reach $6,350 million by 2030, with a CAGR of 3.6% from 2023 to 2030.

Hernia is a medical condition where the inner layers of abdominal muscles weaken, causing the abdominal lining to bulge out into a small sac. It can occur in different areas such as the navel (umbilical hernia), groin (inguinal hernia), or at the site of a previous surgery (post-surgery hernia). Treatment options for hernia include watchful waiting and surgical procedures. Surgical procedures commonly involve open tension-free repair surgery or laparoscopy. Approximately 20 million inguinal hernia repair surgeries are performed worldwide each year, with around 150 thousand incisional hernia repair surgeries in the U.S. These surgeries typically involve the use of mesh made from synthetic or biological materials, along with fixation devices.

The growth of the hernia repair devices and consumables market is driven by factors such as the high adoption rate of tension-free hernia repair surgeries, increasing demand for advanced mesh, rising use of robotic surgeries, and the high prevalence of hernia worldwide. However, the market growth may be hindered by the high cost of hernia repair procedures and unfavorable reimbursement policies. On the other hand, the development of novel hernia products, including biological mesh, and the untapped market potential in developing countries present lucrative growth opportunities.

In terms of products, the market is divided into fixation devices and consumables. Fixation devices include tack and other fixation devices, with the tack segment further categorized into absorbable tack and non-absorbable tack. The consumables segment consists of mesh, which can be synthetic material mesh or biological material mesh. Synthetic material mesh is further classified into absorbable mesh and non-absorbable mesh. The consumables segment was the major contributor to revenue in 2019 and is expected to maintain this trend during the forecast period, driven by the high usage, applicability, and increasing number of hernia surgeries. The fixation devices segment is anticipated to have the highest CAGR of 4.6% from 2023 to 2030, fueled by the widespread adoption of laparoscopic hernia surgeries and the use of advanced fixation devices. Additionally, due to the higher recurrence rate of suture-based surgeries, healthcare professionals prefer fixation device-based surgeries, further driving the growth of the global hernia repair devices and consumables market.

Hernia Repair Devices and Consumables Market

By Product

In 2019, the dominant position in the hernia repair devices and consumables market was held by the consumables segment, and it is expected to maintain its lead throughout the forecast period.

By Hernia Type

The global hernia repair devices and consumables market is classified into different types of hernias, including incisional hernia, umbilical hernia, inguinal hernia, femoral hernia, and other hernias. The umbilical hernia segment is projected to exhibit the highest growth during the forecast period. This is due to the increasing prevalence of umbilical hernias, which are more common in women and affect approximately 20% of babies at birth, leading to a higher demand for umbilical hernia surgeries. On the other hand, the inguinal hernia segment held the largest share in 2019 and is anticipated to continue its dominance during the forecast period, driven by the high number of inguinal hernia repair surgeries performed globally each year.

Region segment review

The hernia repair devices and consumables market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the market in 2019 and is expected to maintain its position throughout the forecast period. This can be attributed to the early approval of hernia repair devices and the increased number of hernia procedures in the region. In terms of growth rate, the

Asia-Pacific region is projected to exhibit the highest CAGR of 4.9% during the period 2023-2030.

The report offers a comprehensive analysis of the major players in the global market for hernia repair devices and consumables. These key players include Allergan Plc., B. Braun Melsungen AG, Baxter International Inc., Becton, Dickinson and Company (C.R. Bard, Inc.), Cook Medical, Inc., HerniameshS.r.l., Johnson & Johnson (Ethicon Inc.), Medtronic Plc., The Cooper Companies, Inc., and W. L. Gore & Associates, Inc. Additionally, there are other players in the value chain, such as Integra Life Sciences and Insightra Medical, although they are not profiled in the report.

Key Benefits for Stakeholders:

• The report provides a detailed quantitative analysis of current trends and forecast estimations from 2023 to 2030 in the hernia repair devices and consumables market. This analysis helps stakeholders identify prevailing market opportunities.
• An in-depth analysis of the market in various regions enables stakeholders to gain a comprehensive understanding of current trends, allowing them to formulate region-specific plans.
• The report offers a comprehensive analysis of the factors driving and restraining market growth.
• Detailed analysis of market conditions is provided for different regions and countries within the hernia repair devices and consumables market.
• The projections in the report are based on the analysis of current trends and future market potential from 2023 to 2030 in terms of value.
• An extensive analysis of various regions provides valuable insights for companies to strategically plan their business moves.
• The report profiles key market players in the hernia repair devices and consumables market, analyzing their strategies in depth. This helps stakeholders gain a better understanding of the competitive landscape of the global market for hernia repair devices and consumables.

Key Market Segments

By Product

• Fixation Devices
• Tack   
• Absorbable Tack
• Non-absorbable Tack
• Other Fixation Devices   
• Consumables
• Mesh   
• Synthetic Material Mesh
• Absorbable Mesh
• Non-absorbable Mesh
• Biological Material Mesh

By Surgery Type

• Open Tension-free Repair Surgery
• Laparoscopic Surgery

By Hernia Type

• Incisional Hernia
• Umbilical Hernia
• Inguinal Hernia
• Femoral Hernia
• Other Hernia

By Region

• North America
• Europe
• Asia-Pacific
• LAMEA