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Hernia Repair Devices and Consumables Market Hit 6,350 million by 2027 | Becton, Dickinson and Company (C.R. Bard, Inc.), Baxter International Inc.

05-06-2024 01:28 PM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Hernia Repair Devices and Consumables Market Hit 6,350 million

Hernia repair surgery is common for hundreds and thousands of people around the world. Most of these operations are completed using hernia mesh implants. Hernia mesh, also known as surgical mesh, is a healthcare tool that supports damaged tissue around hernias while it heals. In the U.S., hernia mesh is used in almost nine out of ten hernia surgeries annually, according to the FDA.

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According to a report published by Allied Market Research, the global hernia repair devices and consumables market size was valued at $4,742 million in 2019, and is projected to reach $6,350 million by 2027, at a CAGR of 3.6% from 2020 to 2027. North America is currently holding the highest market share, owing to increase in number of hernia procedures. The Asia-Pacific region, at the same time, is expected to grow at the fastest rate, owing to high market potential which led to the development of many hernia products including biological mesh and others.

Rise in advanced meshes demand, surge in implementation of robotic surgeries, and increase in number of hernia patients drive the global hernia repair devices and consumables market. However, high costs related to repair surgeries of hernia and stringent reimbursement policies restrain the market growth. On the other hand, technological advancements and opportunities in emerging countries offer new opportunities in the coming years.

There are three main types of mesh placement i.e. onlay mesh placement, inlay mesh placement, underlay mesh placement. The onlay mesh placement technique is relatively easy to perform. It involves surgical repair of both smaller and larger hernia openings. The mesh is placed overlying the defect made by the hernia, thereby strengthen the repair and reinforce the abdominal wall. Similarly, the inlay method includes the placement of the mesh between the edges of the defect made by the hernia. In this process, there is a lesser risk of seroma formation and infection, due to usage of less amount of mesh. In the underlay technique, on the other hand, the mesh is placed on the underside of the gap or inside the fascia, which is why, this technique helps enhance the tension that leds in the mechanical disadvantage of the inlay & onlay techniques.

Johnson and Johnson manufacture a wide array of healthcare products. Ethicon Inc. is a subsidiary firm of Johnson and Johnson that provides hernia repair and fixation tools such as hernia mesh, hernia tissue separation mesh, hernia flat mesh devices, and hernia biologic mesh.

Moreover, numerous factors such as high prevalence rate of hernia worldwide, rise in adoption of robotic surgeries, high adoption rate of tension free hernia repair surgeries, increase in demand for advanced mesh, and others are significantly contributing to the growth of global hernia repair devices and consumables market. With this drift on board, the market is definitely going to acquire large prospects and exponential growth in the near future.

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COVID-19 Scenario

The demand for hernia repair devices and consumables has significantly dropped during the coronavirus pandemic. Many patients have postponed surgeries due to fear of infection. Moreover, some doctors have also been recommending postponement or conducting surgeries such as hernia repair in extreme conditions only.

Manufacturing and research & development (R&D) activities have been drawn to a close by the manufacturers due to lockdown restrictions by governments. However, some of the factories have started production up to certain extent as restrictions are being lifted off.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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