The global Hernia Repair Devices Market was valued at
USD 3,578.21 million in 2012 and is estimated to reach a market worth USD
5,936.43 million in 2019at a CAGR of 7.5% from 2013 to 2019.
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Hernia is one of the major health concerns worldwide.
Occurrence of hernia is characterized by the protrusion or bulging of internal
organ or tissues through weak muscle areasand is classified on the basis of its
anatomical location of occurrence. The different types of hernia include
inguinal (inner groin), umbilical (belly button), hiatal (upper stomach),
femoral (outer groin) and incisional hernia. Of these inguinal hernia is the
most common type of hernia accounting for around 80% of the total hernia cases
worldwide. This occurs most commonly in men majorly due to the observed
weakness in this area. The exact cause of hernia is unknown but the most
prominent risk factors which contribute in the development of hernia are old
age and obesity. These factors feature weakened muscles and pressure in the
abdomen. Other factors contributing towards development of hernia are poor
nutrition, smoking, change in lifestyle habits, and family history.
Escalation in hernia prevalence directly influences the
need and demand for hernia repair devices globally.Consistent rise in geriatric
population, increasing adoption of tension free hernia repair procedures, rise
in preference for technologically advanced biologic mesh and consistent
elevation in obesity epidemic are some of the major factors positively
impacting the growth and acceptance of hernia repair devices globally. However,
inconsistent reimbursement policies coupled with high costs involved in the
development of effective hernia repair devices are expected to hamper the
growth and development of hernia repair devices market.
Hernia repair devices market can be segmented based on
the type of product and equipment and procedure. The products and equipmentare
further categorized into polymer and prosthetic mesh, biologic materials,
surgical instruments and endoscopy equipment. Manufacturers are focusing on developing
innovative and novel hernia repair products and equipment. The market for
biologic materials is expected to grow faster compared to polymer or prosthetic
mesh system as they render more advantages over the latter such as high
flexibility, strength, less chances of rejection and infection. At present
there has been increased adoption of biologic mesh and biologic allograft mesh
systems which aid in fast recovery and negligible post-operative pain.
Continuous technological upgradation in developing endoscopes
will further support growth and development of hernia repair devices. The
rationale behind this is that these hi-tech endoscopes assure high reliability
and accuracy of the surgical procedure with the minimum possibility of errors.
Hence, with the perennial need for high performance oriented medical devices,
the need and demand for effective hernia repair devices also increased.
Surgical procedure is the best option to deal with
hernia as it provides long term results as compared to watchful waiting process
for reverting hernia with the aid of certain medications. Tension repair and
tension free repair procedures are the two main approaches employed for hernia
repair. Tension free procedures are more advantageous than tension repair
methods as they provide fast recovery and negligible post-operative pain.
Currently, there has been an increased preference for tension free repair
procedures such as laparoscopic tension free and tension free mesh technique
majorly due to its minimal invasive nature followed by less susceptibility to
infection compared to conventional incisional repair procedures. Owing to
aforesaid factors, tension free repair procedures are anticipated to record a
steady growth rate during the forecast period from 2013 to 2019.
At the regional level, North America was the largest
market in 2012 for hernia repair devices market followed by the European
Region. Asia-Pacific region is expected to grow at a highest CAGR of over 8%
from 2013 to 2019. This is majorly due to large and expanding population base,
increased participation of the respective governments in healthcare sector and
rising disposable incomes of the population. In addition, high prevalence of
hernia in low or middle income countries compared to high income countries due
to undiagnosed and untreated hernia cases will further propel growth and
development of hernia repair devices market.
The hernia repair devices market is characterized by
the presence of well-established as well as new players solely operating in
this market. The major companies competing in this market are Covidien Plc,
Ethicon, Inc., C.R.Bard, Inc., Cook Medical, Inc. and Stryker Corporation.
The global hernia repair devices marketis segmented as
follows:
Hernia Repair DevicesMarket, by Products and Equipments
- Polymer and Prosthetic Mesh
- Biologic Materials
- Surgical Instruments
- Endoscopy Equipments
Hernia Repair Devices Market, by Procedures
- Open Tension Repair
- Tension Free Repair
Hernia Repair Devices Market, by Geography
- North America
- Europe
- Asia-Pacific
- Rest of the World (RoW)
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