USD 4.61 billion
Hernia Repair Devices and Consumables Market Size, Share, Growth Analysis, By Product(Fixation Devices, Tack, Absorbable Tack, Non-absorbable Tack), By Type(Hernia Mesh, Hernia Fixation Devices), By Procedure(Open Surgery, Laparoscopic Surgery), By Surgery Type(Open Tension-free Repair Surgery, Laparoscopic Surgery. Based on Hernia Type the market is segmented as, Incisional Hernia, Umbilical Hernia), By Hernia Type(Incisional Hernia, Umbilical Hernia, Inguinal Hernia, Femoral Hernia), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG35A2554 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
156
|Figures:
77
Hernia Repair Devices and Consumables Market Insights
Hernia Repair Devices and Consumables Market size was valued at USD 4.75 Billion in 2023 and is poised to grow from USD 4.89 Billion in 2024 to USD 6.2 Billion by 2032, growing at a CAGR of 3.0% during the forecast period (2025-2032).
The global hernia repair devices and consumables market is experiencing robust growth, driven by a diverse array of medical devices, surgical techniques, and treatment options designed to address various types of hernias. These encompass inguinal hernias affecting the groin, umbilical hernias impacting the belly button, hiatal hernias in the upper stomach, and incisional hernias arising from prior surgical incisions.
The market's expansion can be attributed to factors such as technological advancements in surgical procedures, the rising prevalence of hernias, and an increasing aging population. Additionally, the demand for minimally invasive approaches and innovative hernia repair products contributes to the market's dynamic landscape. As healthcare providers and patients alike seek effective and less invasive solutions, the hernia repair market is poised for continued growth and evolution.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Hernia Fixation Devices
Fastest Growth
Growth Rate
3.0% CAGR
Global Hernia Repair Devices and Consumables Market ($ Bn)
Country Share for North America Region (%)
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Hernia Repair Devices and Consumables Market Segmental Analysis
The Global Hernia Repair Devices and Consumables Market is segmented into five major segments i.e. by Product, Procedure, Type, Surgery type, Hernia type and region. Based on Type, the market is segmented as Hernia Mesh, Hernia Fixation Devices. Based on Procedure, the market is segmented as Open Surgery, and Laparoscopic Surgery. Based on Product, the market is segmented as, Fixation Devices, Tack, Absorbable Tack, Non-absorbable Tack, Other Fixation Devices, Consumables, Mesh, Synthetic Material Mesh, Absorbable Mesh, Non-absorbable Mesh, and Biological Material Mesh. Based on Surgery Type, the market is segmented into Open Tension-free Repair Surgery, and Laparoscopic Surgery. Based on Hernia Type the market is segmented as, Incisional Hernia, Umbilical Hernia, Inguinal Hernia, Femoral Hernia, and Other Hernia.
Analysis by Type
The Hernia Mesh segment stands as a dominant force within the global hernia repair devices and consumables market, representing a pivotal aspect of surgical intervention for hernia cases. Hernia mesh, a surgical implant designed to reinforce weakened tissue during repair procedures, is crafted from either synthetic materials or biological tissues. The prevalence of the Hernia Mesh segment is attributable to multiple factors.
The Hernia Fixation Devices segment emerges as the fastest-growing category within the global hernia repair market, representing a crucial component in securing the placement of hernia mesh during surgical procedures. Composing devices such as trackers, staples, sutures, and other fixation instruments, this segment is experiencing rapid expansion, driven by several key factors. Notably, the escalating adoption of minimally invasive techniques, including laparoscopic and robotic-assisted surgeries, has catalyzed a substantial increase in demand for hernia fixation devices.
Analysis by Procedure
The Open Surgery segment holds a commanding position in the global hernia repair devices and consumables market, representing a widely utilized approach in hernia repair procedures. This method entails making an incision near the hernia site to access and directly address the hernia. Open surgery offers distinct advantages, including direct visibility and tactile feedback for the surgeon, facilitating precise repair.
Laparoscopic Surgery, recognized as minimally invasive surgery, is undergoing rapid expansion and stands as the fastest-growing segment in the global hernia repair devices and consumables market. This advanced surgical technique entails the creation of small incisions through which a thin tube equipped with a camera, known as a laparoscope, along with surgical instruments, is inserted into the abdomen.
Global Hernia Repair Devices and Consumables Market By Type
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Hernia Repair Devices and Consumables Market Regional Insights
North America asserts its dominance in the global hernia repair devices and consumables market, driven by a combination of factors that position the region as a pivotal player in the healthcare landscape. Boasting a well-established healthcare infrastructure, North America benefits from high healthcare expenditure, facilitating advanced medical technologies and cutting-edge treatments.
Asia Pacific emerges as the fastest-growing hub in the global hernia repair devices and consumables market, propelled by a convergence of factors that contribute to its dynamic expansion. The region's accelerating growth is fueled by a notable increase in healthcare expenditure, concurrent with ongoing efforts to enhance healthcare infrastructure.
Global Hernia Repair Devices and Consumables Market By Region
- Largest
- Fastest
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Hernia Repair Devices and Consumables Market Dynamics
Drivers
Growing Aging Population
- The aging demographic worldwide is becoming increasingly susceptible to hernia conditions, instigating a heightened demand for Hernia Repair Devices. With the global population continuing to age, the prevalence of hernias is expected to rise substantially. The aging process often results in weakened connective tissues, making individuals more prone to hernia development.
Restraints
Stringent Regulatory Approval Processes
- The stringent regulatory approval processes mandated by regulatory authorities present significant challenges to the growth of the hernia repair market. Manufacturers are obligated to adhere to rigorous safety and efficacy assessments, a procedure that can be both time-consuming and resource-intensive. This stringent scrutiny often results in delays in the market entry of new products, as compliance with regulatory standards becomes a paramount consideration.
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Hernia Repair Devices and Consumables Market Competitive Landscape
The competitive environment of the Global Hernia Repair Devices and Consumables Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. To understand the competitive rivalry, we are comparing the revenue, expenses, resources, product portfolio, region coverage, market share, key initiatives, product launches, and any news related to the global hernia repair devices and consumables market.
Top Player’s Company Profiles
- C.R. Bard, Inc.
- W. L. Gore & Associates, Inc.
- Cook Medical
- Baxter International Inc.
- Ethicon, Inc.
- Medline Industries, Inc.
- Olympus Corporation
- CooperSurgical, Inc.
- Boston Scientific Corporation
- Allergan
- Endo International plc
- Teleflex Incorporated
- Atrium Medical Corporation
- Herniamesh S.r.l.
- Cousin Biotech
- Aspide Medical
Recent Developments
- In February 2023, TELA Bio, Inc. introduced two additional variations of the OviTex LR gadget, expanding the product line to address ventral and incisional hernias with specific dimensions of 15 x 20 cm and 15 x 25 cm ellipses. This development signifies a strategic move by TELA Bio to enhance its offerings and provide tailored solutions for a broader range of hernia cases.
Hernia Repair Devices and Consumables Key Market Trends
Rising Popularity of Minimally Invasive Procedures:
- The surging popularity of minimally invasive procedures and the advancements in robotic suturing techniques are playing pivotal roles in driving an uptick in the number of surgical procedures performed, subsequently contributing to the increased revenue in the hernia repair market. Minimally invasive approaches, such as laparoscopic and robotic-assisted surgeries, are gaining widespread acceptance due to their associated benefits, including reduced recovery times and fewer postoperative complications.
Hernia Repair Devices and Consumables Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
Global Hernia Repair Devices and Consumables Market analysis reveals a dynamic marketplace largely propelled by the widespread adoption of minimally invasive procedures like laparoscopic and robotic-assisted surgeries. These advanced techniques not only contribute to reduced recovery times but also result in fewer complications and improved patient outcomes. The global healthcare landscape has witnessed a surge in the adoption of these innovative approaches, fueled by the desire to enhance surgical outcomes and patient satisfaction. The market's growth is further accentuated by the escalating prevalence of hernia cases on a global scale. As surgical techniques continue to advance and innovative medical devices become more readily available, the hernia repair market is positioned for sustained and substantial growth in the coming years.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 4.61 billion |
| Market size value in 2031 | USD 6.02 billion |
| Growth Rate | 3.0% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Hernia Repair Devices and Consumables Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Hernia Repair Devices and Consumables Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Hernia Repair Devices and Consumables Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Hernia Repair Devices and Consumables Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Hernia Repair Devices and Consumables Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Hernia Repair Devices and Consumables Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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