The global Hernia Mesh Devices Market size is anticipated to value at USD 5.03 billion by 2025. The market is subject to witness substantial growth due to the rise in the occurrence of hernia, and the cost-effectiveness of the treatment associated with it. Some of the key factors responsible for the growth of the market are the rise in the use of meshes, cost-effectiveness, minimum pain during the treatment, lower operational time, and easy accessibility of these devices in the market. Globally, the market is predicted to grow at a CAGR of 2.8% in the forecast period, providing numerous opportunities for market players to invest in research and development in the hernia mesh devices industry.
The adoption of hernia mesh enables a favorable scenario in which patients opt for open or laparoscopic procedures. Hernia mesh also provides patients with easy accessibility to detail-oriented reimbursement ratios via governmental agencies and market players. The reimbursement codes and ratios are directly related to the type of hernias such as primary and recurrent hernia, coupled with different methods of surgery similar to open and laparoscopic.
A hernia is a medical condition that results in aligning of abdomen swelling into a small case because of the bad condition of abdominal muscles. An increase in smoking, coupled with other factors such as poor nutrition, hereditary disorders, and changing food patterns are leading causes of the rising incidence of hernias, thus propelling the demand for the hernia mesh devices market.
Hernia disorders are more prevalent among the smoking population due to constant coughing. The occurrence of hernias in the smoking population is four times higher than that of normal patients. Adoption of hernia meshes decreases the operational and recovery period, which in turn serves as a critical factor for increasing preference towards hernia meshes, thus contributing significantly to the growth of the hernia mesh devices industry in recent years. Additionally, some of the vital benefits offered with the use of hernia meshes include reduction in recurrence and alleviated pain, thus propelling the growth of the market over the forecast period.
Substantial investment by regional governments and privately-owned institutions in the research and development of the hernia meshes are likely to produce vital results in near future. The R&D in the market of hernia mesh devices is majorly attributed to fulfilling patient demands and offering ease during the treatment. Such factors are fueling the market expansion of hernia mesh devices in the coming years.
The hernia mesh device market is categorized into three main types based on target disease such as inguinal, incisional, and femoral. Inguinal hernia is considered as one of the fasted growing segments with the highest revenue generation in the forecast period. Incidences related to the inguinal hernia are ten times more frequent in men as compared with women, making repair expenditure mandatory.
The occurrence of femoral hernia is prevalent among older women due to the increased size of the female pelvis because of old age. Application of hernia meshes diminishes chances of returning hernia due to which wide adoption of hernia meshes is increasingly preferred by doctors. The hernia mesh devices industry is divided into regional market segments such as North America, Europe, Asia-Pacific, Latin America, and Africa.
North America has shown major growth in recent years owing to the rise adoption of the latest methodologies for the treatment of hernia and the existence of well-established healthcare infrastructure. Asia-Pacific region is predicted to hold a major market share in the hernia mesh devices market with massive growth in the forecast period. Countries such as India, China, and Singapore are leading the Asia-Pacific market with increasing patient pools, raising awareness about the disease, growing healthcare infrastructure, and easy accessibility to the treatment. The key players in the hernia mesh device industry are Ethicon Incorporations, C. R. Bard, Incorporations, W. L. Gore Incorporations, Atrium Medical Co., LifeCell Co., and B. Braun Melsungen AG.
Market Segment:
Hernia Type Outlook (Revenue, USD Million; 2014 - 2025)
• Inguinal Hernia
• Incisional Hernia
• Femoral Hernia
• Others
Mesh Type Outlook (Market Revenue in USD Million, 2014 - 2025)
• Biologic Mesh
• Synthetic Mesh
Regional Outlook (Market Revenue in USD Million, 2014 - 2025)
• North America
• the U.S.
• Canada
• Europe
• the UK
• Germany
• France
• the Asia Pacific
• Japan
• China
• India
• Latin America
• Brazil
• Mexico
• the Middle East and Africa
• South Africa
Research Support Specialist, USA