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Hernia Repair Devices Market Size

Report ID: GMI5222
Published Date: Oct 2023
Report Format: PDF

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Hernia Repair Devices Market Size

Hernia Repair Devices Market size was valued at USD 4.1 billion in 2022 and is estimated to reach over USD 6.9 billion by 2032. The substantial market growth is pertaining to the key factors such as the rising prevalence of hernia, facilitative reimbursement initiatives, and technological developments associated with hernia repair devices. The surged incidence of hernia is driving the demand for novel hernia repair devices that is anticipated to compliment the business landscape.

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Moreover, the rising acceptance of mesh in hernia repair surgeries, rapidly aging population, and new product launches are propelling the market growth during the forecast period.

Hernia repair devices represents medical equipment that are employed in surgical operative concerning the treatment of hernias. These medical devices comprise hernia or surgical mesh that is used to assist the weakened tissue surrounding hernias; while the fixation devices help in fixating mesh using tack, glue, sutures, etc.

Hernia Repair Devices Market Report Attributes
Report Attribute	Details
Base Year:	2022
Hernia Repair Devices Market Size in 2022:	USD 4.1 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	5.2%
2032 Value Projection:	USD 6.9 Billion
Historical Data for:	2018 to 2022
No. of Pages:	250
Tables, Charts & Figures:	433
Segments covered:	Product, Procedure, Hernia Type, End-use, and Region
Growth Drivers:	Rising prevalence of hernia Increasing adoption of robotic hernia surgery Supportive initiatives to promote hernia awareness Rising geriatric population
Pitfalls & Challenges:	High cost of hernia repair procedures Availability of non-mesh alternatives

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Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global market for hernia repair devices value was USD 4.1 billion in 2022 and is estimated to reach over USD 6.9 billion by 2032.

The open surgery segment dominated the market with over 64.2% share in 2022, due to the cost-efficiency, patient suitability, and potential benefits of these devices in open surgery.

North America hernia repair devices market accounted for USD 1.9 billion in 2022 and is predicted to witness substantial growth through 2032 owing to the aging population, high obesity rate, and a history of abdominal surgeries in the region that contribute to a substantial number of hernia cases.

AbbVie, Inc., B Braun Melsungen AG, Baxter International Inc., Becton, Dickinson, and Company, Cook Medical, Johnson & Johnson (Ethicon), DynaMesh (FEG Textiltechnik), Integra LifeSciences, Medtronic plc, Meril Life Sciences, Primequal, TELA Bio, CooperSurgical, W.L. Gore and Associates, Stryker Corporation, Herniamesh SRL, Getinge, Dipromed SRL, Cousin Surgery, and TransEasy Medical Tech. Co., Ltd.