Global Hernia Repair Devices Market is projected to grow at a CAGR of ~5-7% by 2027 - Extensive Solution to Repair Hernias
Hernia Repair Devices Market

Global Hernia Repair Devices Market is projected to grow at a CAGR of ~5-7% by 2027 - Extensive Solution to Repair Hernias

Hernia repair devices provide a permanent reinforcement to the repaired hernia and?support damaged tissue around it as it heals.

An Increasing Adoption of Hernia Mesh Products for Hernia Repair Fuels the Global Demand

Hernia mesh is a biomaterials-based implant class that has been successfully translated to clinical applications. They are generally divided into two categories: synthetic mesh and biologic/biological mesh. The use of hernia mesh products for surgical repair or reconstruction of anatomical defects has been widely adopted. According to the FDA, hernia mesh is used in about 90% of hernia repair surgeries.

For instance,

  • In March 2023, TELA Bio, Inc announced that they have received the U.S. Food and Drug Administration 510(k) clearance for the Company's OviTex PRS Long-Term Resorbable product.

Robotic Surgeries Opens Up Ample Growth Opportunities in Hernia Repair Devices Market

Hernia repair is one of the most common surgical procedures performed across the world. The number of procedures has been growing and it is anticipated to grow further due to multiple risk factors such as obesity and prior abdominal surgeries. Robotic surgery has emerged as the latest technique for treating smaller hernias or weak areas and reconstructing the abdominal wall. Robotic surgery also allows the surgeon to easily use stitches to sew tissue and meshes inside the abdomen. Key advantages of robotic surgery are three-dimensional images of the inside of the abdomen, smaller scars, and less pain.?

Growing Cases of Inguinal Hernia Drives the Growth of the Global Hernia Repair Devices Market

Inguinal hernias account for nearly 75% of all abdominal wall hernias, with a lifetime risk of 27-43% in men and 3-6% in women. The major risk factors for inguinal hernia (IH) are family history, previous contra-lateral hernia, male gender, age, abnormal collagen metabolism, prostatectomy, and low body mass index. The growing burden of inguinal cases among the population and aging society is likely to increase the demand for hernia repair devices.

Competitive Landscape Analysis: Hernia Repair Devices Market

Some of the leading and well-established players operating in the global hernia repair devices market are 美敦力 , B. Braun China , Cook Medical , Baxter International Inc. , and TELA Bio , among others.

Key Market Challenges to the Growth of Hernia Repair Devices Market

The high costs of hernia repair procedures and the risk & complications associated with hernia repairs such as pain, infection, hernia recurrence, adhesion, and bowel obstruction are likely to affect the growth of the hernia repair devices market in the upcoming years.

North America is Poised to Hold a Larger Market Share in Hernia Repair Devices Market

From a geographical overview, North America is set to hold a higher market share in the global hernia repair devices market. This can be mainly attributed to an increasing cases of hernia disorders, adoption of new and advanced hernia repair devices, and recent and rapid innovations in hernia repair surgery technologies, in this region.

Aggressive Growth Strategies Adopted by the Key Market Players to Establish Their Foothold in Hernia Repair Devices Market

All leading players operating in the global hernia repair devices market are adopting both organic and inorganic growth strategies such as collaborations, acquisitions, advancements and new product launches to gain a larger market share.

For instance,

  • In February 2023, TELA Bio, Inc announced the launch of two additional configurations of its OviTex LPR device. The new configurations are 15 x 20 cm and 15 x 25 cm ellipses designed for ventral and incisional hernias.
  • In December 2022, Deep Blue Medical Advances announced that they have received an additional 510(k) clearance from US FDA for its T-Line Hernia Mesh for the subway technique in open hernia surgery.

Get More Detailed Insights on Hernia Repair Devices Market Report @ https://meditechinsights.com/hernia-repair-devices-market/

#hernia #herniarepair #herniasurgery #herniarepairdevices #herniadisorders #surgeries #herniamesh?#surgical #surgicalrobotics #surgicaltechnology #surgicalinstruments #surgicalequipment #surgicaltools #roboticsurgery #obesity #abdominalsurgeries #inguinalhernia #pain #infections #bowelobstruction?#medicaldevices #medicaldeviceindustry #medicaldevice #medicalequipments #marketresearch #healthcareconsulting #healthcareresearch #marketresearchreport

要查看或添加评论,请登录

Medi-Tech Insights的更多文章

社区洞察

其他会员也浏览了