Hernia Repair Devices Global Market

–Forecast to 2027

Hernia Repair Devices Global Market is estimated to be worth $4.4 billion by

2027

IQ4I Research & Consultancy published a new report on “Hernia Repair Devices
Global Market – Forecast To 2027” This report analyzes and studies the overall market,
major Drivers & Opportunities, Restraints & Threats in North America, Europe, Asia-Pacific
and Rest of the World.

IQ4I’s Report Contains 101 market data tables and 94 figures spread through 337
pages and an exhaustive TOC on “Hernia Repair Devices Global Market”, [PRODUCT
TYPE (Hernia meshes {Synthetic (Absorbable, Non-Absorbable), Biological and
Composite (Absorbable, Non-Absorbable, Partially Absorbable)}, HERNIA TYPE
(Inguinal Incisional, Umbilical & Others (Femoral, Epigastric, Hiatal, Obturator,
Spigelian, Muscle)), REPAIR TYPES (Open Tension-Free repair, Laparoscopic,
Robotic) END-USER (Hospitals, Ambulatory) GEOGRAPHY (North America, Europe,
APAC and RoW)].

Hernia is a protrusion of internal organs or tissues through structure or muscle, it occurs

most commonly in the abdominal region. Hernia is mainly caused by a combination of
pressure and excessive muscular strain, weakness or injury of the abdominal wall.
Generally, small or large intestine or intra-abdominal fat protrudes through the weakened
abdominal wall. There are various types of hernias classified based on their anatomical
locations into inguinal, incisional, umbilical and other type of hernias. The most common
symptoms are pain, swelling, or a bulge and they can develop into an emergency if the
hernia is strangulated. Surgery is the gold standard method of treatment for most hernias,
where hernia repair devices (meshes) are used for the treatment through open surgery,
laparoscopic surgery, or robotic surgical techniques. Globally, around 20 million hernia
procedures are performed every year, of which close to XX million surgeries are performed
using hernia meshes.

According to IQ4I analysis, the hernia repair devices global market is estimated to grow at a
low single digit CAGR to reach $4,400.1 million by 2027. Increasing demand for minimally
invasive procedures, growing number of patients suffering from obesity and other lifestyle
diseases who are vulnerable to develop hernia, and the rise in the aging population are the
factors driving the growth of the market. However, inconsistent reimbursements and high
cost of the hernia repair procedure, high implementation cost and stringent regulations for
approval of hernia repair devices are restraining the growth of the market.

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Hernia Repair Devices Global Market

–Forecast to 2027

The hernia repair devices global market is segmented based on products, hernia types,
repair types, end-users and geography. Among the products, hernia repair mesh segment
occupied the largest share of the hernia repair global market and is expected to grow at a
low single-digit CAGR from 2020 to 2027 owing to increase in adoption of meshes which
results in the lower recurrence rate of hernia as compared to the repair without meshes.

Among hernia types, inguinal hernia held the largest market share in 2020 and incisional
hernia is expected to grow at low single-digit CAGR from 2020 to 2027. Incisional hernia
occurs in persons who have undergone prior abdominal surgery, traumatic abdominal wall
injuries and due to change in lifestyle, there is a rise in the number of C-sections performed
thereby increasing the risk for incisional hernia incidence and hence driving the incisional
hernia market.

In hernia repair market by repair types, the open tension-free repair generated the largest
revenue in 2020 and robotic-assisted surgery is expected to grow at a high single-digit
CAGR from 2020 to 2027 due to increasing adoption of minimally invasive hernia repair
procedures, increasing demand for better clinical outcomes, benefits associated with the
techniques such as quick recovery, less hospital stays and lower infection rates.

Among the end-users segment, the hospitals dominated with largest revenue in 2020 as
most of the hernia repair procedures are carried here. Ambulatory surgical centers are
expected to grow at mid single-digit CAGR from 2020 to 2027 by 2027, as advancement in
technologies now enable the ambulatory surgical centers to perform procedures utilizing
minimally invasive technology and novel prosthetic devices. Thus, the ambulatory surgical
centers are expected to reduce post-operative complications, cost and long stays in the
hospitals.

Geographically, North America region held the largest share of the hernia repair devices
global market in 2020 due to highly advanced healthcare facilities, increase in awareness
about the advanced technologies, availability of Medicare and third-party insurance facilities,
and easy availability of skilled personnel are driving the market growth. Asia-Pacific is
expected to grow at a mid single-digit CAGR from 2020 to 2027 due to rising adoption of
tension-free repair procedures, increasing access to advanced healthcare technology and
affordability and increase in population who are vulnerable to develop hernia.

In 2020, the number of hernia surgeries performed are estimated to be XX and there is a
reduction in number of procedures performed as compared to 2019 (XX) because the

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Hernia Repair Devices Global Market

–Forecast to 2027

healthcare resources are being diverted to deal with the COVID-19 pandemic and most of
the elective surgeries have been suspended and only emergency cases are being operated
thereby hindering the growth of the market.

Factors such as increasing instances of infection, recurrences, adverse reaction such as

inflammation, and pain associated with synthetic meshes, reduced mechanical strength and
graft rejection in case of biological meshes have led to the development of composite
meshes by manufacturers that address various issues and this segment is projected to have
high growth in the future.

Technological advancements such as introduction of meshes coated with antibiotics to

reduce the rate of infection (Gore dual mesh biomaterial), and drug-eluting hernia meshes
developed by Ariste Medical (U.S.) which elutes sirolimus at the hernia site to reduce the
infection rate are being developed. Further, BD has come up with new technology for
simplifying minimally invasive ventral hernia mesh placement and the device Phasix ST
Mesh with Echo 2 Positioning System which is absorbable with a removable positioning
system and the product has received 510(k) clearance in November 2019. Similarly, in
October 2019, Exogenesis Corp, received FDA 510(K) clearance for Exogenesis Hernia
Mesh, an innovative implant intended for soft tissue repair which possesses a unique
nanometer-level surface texture, enabling favorable post implant tissue compatibility via the
application of Accelerated Neutral Atom Beam (ANAB) technology during manufacturing.
Similarly, On August 11, 2020, Deep Blue Advances launched T-line Hernia Mesh with
integrated suture-like extensions, which provide superior anchoring strength and eliminates
key point of failure for conventional mesh fixation.

The average selling price of meshes is estimated to range from $XX - $XX in emerging and
underdeveloped countries to developed countries, and the total addressable procedural
volume for hernia repair is estimated to be XX in 2020 with the penetration rate of XX% for
surgeries performed using meshes, there is an ample opportunity for the growth of global
hernia repair market.

Some of the major companies operating in the hernia repair devices market are Becton,
Dickinson and Company, (U.S.), Medtronic, PLC., (Ireland), Allegan (U.S.), Cook Medical
(U.S.), Johnson & Johnson (Ethicon) (U.S.), B. Braun Melsungen AG (Germany), W. L. Gore
& Associates, Inc. (U.S.), and Insightra Medical, Inc. (U.S.).

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Reasons for buying this report:

 Analysis of the hernia repair devices global market by identifying various segments
by devices, portability, and end-users.
 Analysis of the hernia repair devices global market by identifying various sub-
segments.
 Revenue forecast of the hernia repair devices global market with respect to
individual growth trends.
 Revenue forecast of the hernia repair devices global market with respect to North
America (U.S.), (Rest of N.A.), Europe (Russia, Germany, France, and Rest of
Europe), Asia-Pacific (Japan, China, India, and Rest of APAC) and RoW (Brazil,
Turkey, and Rest of LatAM, Middle East & Africa) regions.
 Market share analysis of hernia repair global market by Major Players, Synthetic,
Composite and Biological Meshes.
 Average Selling Price (ASP), procedural volume of surgeries with respect to Mesh-
based hernia repair, laparoscopic and inguinal hernia.
 Identification of the major market trends and factors driving or inhibiting the growth
of the hernia repair devices global market.
 Analysis of the opportunities for stakeholders by identifying the high-growth
segments of the market.
 Identification of key technology developments and innovations driving the market.
 Profiles of major players in the hernia repair devices global market with details of
their financials, product offerings, key developments, business strategies, and
SWOTs, and reimbursement, technological advancements, and Porter’s analysis.

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Hernia Repair Devices Global Market

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FIGURE 1

HERNIA REPAIR DEVICES GLOBAL MARKET SEGMENTATION

HERNIA REPAIR DEVICES GLOBAL MARKET

Products Type Hernia Type Repair type End-Users

Inguinal Hernia Open tension-free Hospitals

Hernia Repair Hernia Fixation
Meshes devices Ambulatory
Incisional Hernia Laparoscopic surgical centers

Composite Umbilical Hernia Robotic

Synthetic Meshes Biological Meshes
Meshes

Non-Absorbable Non-absorbable Others

Meshes Meshes

Absorbable Absorbable
Meshes Meshes
Partially
absorbable
Meshes

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