Exploring the Global Hernia Repair Devices And Consumables Market: A Comprehensive Overview

The hernia repair devices and consumables market size has grown strongly in recent years. It will grow from $5.27 billion in 2023 to $5.65 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The growth in the historic period can be attributed to increasing incidence of hernias, aging population and hernia risk, high success rates of hernia repair surgeries, growing awareness and diagnosis, patient preference for minimally invasive procedures, introduction of mesh materials..

The hernia repair devices and consumables market size is expected to see strong growth in the next few years. It will grow to $7.55 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to focus on bioabsorbable materials, patient-centric treatment approaches, rising prevalence of obesity-related hernias, expansion of ambulatory surgical centers , development of hernia repair training programs.. Major trends in the forecast period include integration of 3d printing technology, global collaborations in hernia research, technological innovations in implants, telemedicine in postoperative care, single-incision laparoscopic surgery, robotics in hernia surgery..

Market Overview -
Hernia repair devices refer to devices used to treat hernia by supporting the weak protruding tissue and by fixing the tissue back in its place. These devices are used to give fragile or injured tissue additional support.

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Rising Prevalence Of Hernia Sparks Surge In Demand For Advanced Repair Devices And Consumables
The high prevalence of hernia is expected to propel the growth of the hernia repair devices and consumables market forward. A hernia is a condition in which an organ or fatty tissue grows so excessively that it starts protruding out from the surrounding muscle that contains it. Hernia repair devices and consumables contain the tissue and push it back into place, either physically or with medication. Increasing cases of hernia increase the need for treatment devices and consumables. For instance, in April 2022, according to a journal published by PLOS Biology, a US-based publisher of peer-reviewed scientific journals, inguinal hernia affects approximately 220 million people worldwide, and 40,000 deaths are caused by hernias. Every year, approximately 20 million hernia repair surgeries are performed. As a result, the increasing number of hernia cases across the world is driving the hernia repair devices and consumables market.

Competitive Landscape -
Major companies operating in the hernia repair devices and consumables market report are Allergan plc, Baxter International Inc., Becton, Dickinson and Company, Cook Medical Inc., Herniamesh Srl, Johnson & Johnson, Medtronic plc, W. L. Gore & Associates Inc., Via Surgical Ltd., Zimmer Biomet Inc., LifeCell Corporation, Atrium Medical Corporation, Integra Life Sciences Corporation, Cousin Biotech SAS, Cryolife Inc., Olympus Corporation, TELA Bio Inc., Aspide Medical, pfm medical ag, Poly Medicure Limited, Purple Surgical, Sutures India Pvt. Ltd., Angiologica B.M. Srl, Dipromed Srl, Davol Inc., B. Braun SE, Insightra Medical Inc., Medline Industries Inc., Galaxy Medical Products Inc., McGinley Orthopaedic Innovations .

Breakthrough Products Transforming The Landscape Of Hernia Repair Devices And Consumables Market
Product innovations are a key trend gaining popularity in the hernia repair devices and consumables market. Major companies in the market are introducing innovative products such as GORE SYNECOR intraperitoneal biomaterial to sustain their position in the market. For instance, in February 2021, W.L. Gore & Associates, a US-based hernia devices manufacturing company, launched GORE® SYNECOR triperitoneal biomaterial that can be used for complex hernia repair procedures such as laparoscopic, robotic, and open surgical procedures. The new product provides rapid vascularity and permanent strength for hernia repair. The three unique layers of the GORE-SYNECOR intraperitoneal biomaterial are specially created to promote fast vascularity while using the least amount of permanent material. They are the visceral surface, the mid-layer, and the parietal surface.

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Key Segments -

The hernia repair devices and consumables market covered in this report is segmented -
1) By Product: Fixation Devices, Consumables
2) By Surgery Type: Open Tension-Free Repair Surgery, Laparoscopic Surgery
3) By Hernia Type: Umbilical Hernia, Incisional Hernia, Inguinal Hernia, Femoral Hernia, Other Hernia Types

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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