Hernia Mesh Devices Market Is Expected To Expand At A CAGR Of 6.70% From 2023 To 2030
Hernia Mesh Devices Industry Overview
The global hernia mesh devices market size was valued at USD 5.01 billion in 2022 and is anticipated to grow at a compounded annual growth rate (CAGR) of 6.7% from 2023 to 2030. Advancements such as self-fixating meshes and articulating fixation are likely to overcome the issues, which makes it a key factor for the growth in the adoption of hernia mesh devices. According to the FDA, a hernia mesh should last a lifetime, and it is a permanent implant. Smoking, poor nutrition, genetic factors, obesity, and lifestyle changes are some of the factors contributing to the elevated incidence of hernias.
Around the world, 13% of adults are fat, 39% are obese, and one in five kids is overweight. The equilibrium between energy intake and expenditure determines obesity. High incidence of hernia globally and improved patient outcomes by using meshes, which reduce operative and recovery time, are some of the factors contributing to the growth.
Gather more insights about the market drivers, restrains and growth of the Hernia Mesh Devices Market
According to the U.S. FDA, more than a million hernia repairs are performed in the U.S., of which 800,000 procedures are inguinal repairs; in fact, more than 80% of hernia repairs performed in the U.S. use mesh products. The chances of having an inguinal hernia increase at the age of 75-80. The prevalence of these hernias is high in developing countries, with almost 0.95 million procedures being performed annually.
The high incidence rate of hernia is creating demand for efficient hernia mesh devices, which is expected to be responsible for market growth. Furthermore, some advantages of using meshes in hernia repair are reduced chances of recurrence and alleviated pain, which is expected to accelerate market growth.
Technological advancements in hernia mesh devices have rapidly increased in recent years. Advancements such as articulating fixation devices and self-fixating (gripping) mesh are developed to overcome the problems occurring during the laparoscopic process. Also, such devices offer surgeons better access to weak spots within the abdominal wall and enable them to securely place mesh at the desired body site, fostering market growth.
Furthermore, several market players are aiming at developing and manufacturing highly flexible and self-fixation hernia meshes where the mesh can be fixed at the hernia site without the usage of any glue or staples, owing to the emergence of micro-grip adherence technology. For instance, the self-fixating mesh from Medtronic Parietex ProGrip offers security, patient comfort, and simplicity of usage. Its cutting-edge microgrip technology offers quick fixation.
Browse through Grand View Research's Medical Devices Industry Research Reports.
- The global hernia repair devices market size was valued at USD 5.96 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 3.9% from 2023 to 2030.
- The global covered stent market size was estimated at USD 1.13 billion in 2023 and is projected to grow at a CAGR of 4.1% from 2024 to 2030.
Hernia Mesh Devices Market Segmentation
Grand View Research has segmented the global hernia mesh devices market based on hernia type, mesh type, and region:
Hernia Mesh Devices Hernia Type Outlook (Revenue, USD Million, 2018 - 2030)
- Inguinal Hernia
- Incisional Hernia
- Femoral Hernia
- Others
Hernia Mesh Devices Mesh Type Outlook (Revenue, USD Million, 2018 - 2030)
- Biologic Mesh
- Synthetic Mesh
Hernia Mesh Devices Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
- US.
- Canada
Europe
- UK
- Germany
- France
- Italy
- Spain
- Denmark
- Sweden
- Norway
Asia Pacific
- Japan
- China
- India
- Australia
- Thailand
- South Korea
Latin America
- Brazil
- Mexico
- Argentina
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
Key Companies profiled:
- Johnson & Johnson Services, Inc.
- R. Bard, Inc.
- L. Gore & Associates, Inc.
- Atrium Medical (Getinge Group)
- LifeCell
- Braun SE
- Baxter
- Cook
- Herniamesh S.r.l.
Key Hernia Mesh Devices Company Insights
The industry is highly competitive, with many players operating in the market. Large multinational companies with a wide product portfolio co-exist with companies that specialize in a particular product line. For instance, in December 2022, WL Gore and AGC Biologics entered into a significant collaboration to enhance their biopharmaceutical services. As part of this partnership, AGC Biologics will integrate the GORE Protein Capture Devices, which include Protein A, into its mAb-based contract development and manufacturing services.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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