Global Hernia Repair Market – Analysis and Forecast To 2024 | Johnson & Johnson, Cook Group Inc., Medtronic PLC.


Posted March 27, 2020 by Goal_T

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Hernia is a medical condition where an organ or fatty tissue protrudes out via a weak point. Hernia repair is a surgical procedure performed for the management of a hernia. Laparoscopic repair surgery and open tension-free repair surgery are the major methods for hernia repair. The global hernia repair market is growing at significant rate, due to mounting occurrence hernia, expanding geriatric population and technological improvement. Different products contributed to the hernia repair market size. The market has witnessed high demand for mesh in the coming years due to higher cost of meshes contrasted to mesh fixators.

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On the basis of product the market is subdivided into mesh and mesh fixators. Of all products, mesh segment accounted the largest share in the market, due to higher cost of meshes contrasted to mesh fixators. Hernia repair is done with the help of mesh and mesh fixator. A mesh is operated for strengthening weak spots in the muscle at the same time mending the hernia. In addition, mesh fixators are expended to repair the mesh in its place to evade displacement.

The mesh segment is further subdivided into biologic and synthetic. The synthetic mesh segment accounted the largest share in the market due to low price of synthetic mesh in contrast to biologic mesh. In addition mesh fixators segment is further subdivided into track applicators, sutures, and glue applicators. The track applicator segment accounted the largest share in the mesh fixators market due to high cost of track applicators. In addition, glue applicators are expected to grow at fastest rate in the mesh fixators market


Expanding geriatric population, mounting demand for robotic surgery and mounting healthcare expenditure are also facilitating the growth for the hernia repair market. For instance, according to WHO, globally in 2010 approximately 524 million people were aged 65 years and older, and is expected to reach 1.5 billion in 2050.

Elevated price of mesh repair, lack of skilled professionals, accessibility of less massive approaches and lengthy waiting period in developed countries are the major challenges for the growth of hernia repair market. In addition, complications related to hernia repair are also hindering the growth of the hernia repair market. For instance, according to FDA, pain, infection, hernia recurrence, adhesion, obstruction, bleeding, and a hole in neighboring tissues or organs are the complications related to hernia repair.

Globally, the manufacturing companies trying to enter the hernia repair market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier for the entry of new players. This offers an edge to the established players in the industry competition.

Asia-Pacific is observed to witness fastest growth in the market, due to expanding geriatric population. In addition, mounting medical tourism, improving healthcare infrastructure and mounting healthcare expenditure are also creating a positive impact on the hernia repair market growth in the region.

Read More: https://www.vynzresearch.com/healthcare/hernia-repair-market

In addition, in April 2017, Becton, Dickinson and Company acquired Bard, to provide innovative healthcare solutions and to improve its product portfolio. B. Braun Melsungen AG, Becton, Dickinson and Company, Getinge AB, Johnson & Johnson, Cook Group Inc., Medtronic PLC., Integra Lifesciences Holdings Corporation, W. L. Gore & Associates, Via Surgical and Herniamesh are the key players offering repair products.


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Last Updated March 27, 2020