Emergence of Biological Mesh as to Counterfeit the Drawbacks of Traditional Hernia Mesh Underpins Growth in Global Hernia Repair Market
The global hernia market size is estimated to reach USD 5,550.0 Million by 2025, due to increasing adoption of mesh in hernia repair surgeries and the presence of larger number of hernia patients across the globe.
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Connected to the connective tissue, fascia, protrusion of an organ is identified as a painful physical condition, hernia. Often attributed to unmanaged pressure of the abdomen, hernia results in extreme discomfort amongst patients. Growing cases of hernia and tremendous awareness amongst patients about disease management and technological innovations, result in a systematic growth spurt in global hernia repair market. Adroit Market Research explores into ongoing strides, evaluates technological nuances and vendor participation that collectively result in high pitched growth and sustenance in global hernia repair market.
New advances in hernia repair comprises of mesh derived sheets which are incorporated into the exact location, as opposed to previously used sutures. Additionally, advances in laparoscopy as opposed to open surgeries is yet another growth determinant in global hernia repair market. Besides an astute rise in hernia occurrences, advances in robotic surgeries, besides mesh sheet advancement are likely to keep growth steady and sustainable in global hernia repair market.
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In recent times, hernia mesh is exorbitantly being made of biological materials to avert instances of untoward infections that stem as post surgical complication. Biological hernia mesh are identified to have superlative therapeutic advantage and latches into the exact pain location of the native tissue. Whilst growing cases of hernia and concomitant technological sophistication play crucial roles in hernia repair market expansion, factors such as price volatility of hernia surgeries globally as well as lopsided reimbursement policies adversely affect the growth outlook of the market.
Therefore, to counter these adverse developments, market participants in global hernia repair market are increasingly focusing on pricing restructuring, technological advances as well as expansion across emerging economies to enable maximum reach and aid larger patient pools. These are some of the key developments marked in global hernia repair market.
North America dominated the global market for hernia repair representing revenue share of 39.1% in 2018. On the other hand, Asia-Pacific is anticipated to exhibit rapid growth during the forecast period on account of the rising awareness of hernia repair treatment and adoption of new technologies in surgical procedure across the region.
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The competitive landscape of the global hernia market includes Medtronic, C.R.Bard, Baxter International, Cook Medical, B Braun Melsungen AG, Atrium, W.L. Gore & Associates, LifeCell Corporation, Aspide Medical, Cousin Biotech, Ethicon, Inc., and Dipro Medical Devices Slr. In October 2019, FDA approved Exogenesis nano-modified hernia mesh, which is made by using accelerated neutral atom beam technology.
Key segments of the global hernia repair market
Product Overview, 2018-2025 (USD Million)
- Synthetic Mesh
- Biological Mesh
- Surgical Devices
Procedure Overview, 2018-2025 (USD Million)
- Tension Free
- Open Hernia
Regional Overview, 2018-2025 (USD Million)
- North America
- Asia Pacific
- Central & South America
- Middle East & Africa
About Adroit Market Research:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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