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The latest report by IMARC Group, titled “Hernia Repair Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” finds that the global hernia repair market size reached US$ 5.3 Billion in 2021. A hernia is a medical condition in which an organ passes through a weak place in the surrounding connective tissue or muscle wall. It is caused by excessive pressure on the abdomen occurred due to lifting heavy objects, persistent coughing or sneezing, obesity, lack of nutrition, or smoking. However, it can be treated using various non-surgical and surgical methods such as laparoscopic and open repair procedures. These surgical procedures include making an incision on the skin and pushing the hernia back into its place, tying it off, or removing it. Some of the most common devices used in hernia repair surgery are fixation devices, consumables, and prosthetics.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.??
Global Hernia Repair Market Trends:
The market is primarily driven by the increasing prevalence of hernia and other abdomen-related disorders. In addition, the rising awareness among patients regarding the available treatment alternatives for hernia, including minimally invasive (MI) hernia repair devices, represents another major growth-inducing factor. Besides this, key players are introducing biologic allograft mesh, which aids in minimizing post-surgery pain and offers a faster recovery rate. They are also developing articulating fixation devices and self-fixating meshes to overcome the problems that occur during laparoscopic procedures. These devices offer surgeons better access to weak spots within the abdominal wall and securely place the mesh in the body. This, coupled with the rising geriatric population that is more susceptible to such ailments, is positively influencing the market growth. Furthermore, the widespread adoption of robotics in surgical procedures, the increasing demand for advanced meshes, and the developing healthcare infrastructure in various countries are some of the other factors propelling the market growth. Looking forward, IMARC Group expects the market to reach US$ 6.5 Billion by 2027, exhibiting a CAGR of 3.4% during the forecast period (2022-2027).
Market Summary:
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