The global market for hernia repair devices will grow modestly over the forecast period. This growth is primarily fueled by an increase in hernia repair procedures, with a notable shift toward laparoscopic and robotic-assisted surgeries and away from traditional open surgeries. In addition, the adoption of tension-free techniques is increasing. The preference for robotic-assisted and laparoscopic methods in these techniques will boost the demand for premium-priced composite and proprietary meshes over flatsheet meshes, further driving revenue growth in this segment.
This Medtech 360 Report provides comprehensive data and analysis on the state of the market for hernia repair devices in the US, Europe, Asia Pacific, and Latin America from 2019 through 2033.
Adoption of premium-priced products will drive growth in the hernia repair mesh markets.
How will the trend toward premium-priced devices impact the adoption of proprietary inguinal hernia meshes over the forecast period?
What are the popular brands/manufacturers of premium-priced meshes?
How will the introduction of new products affect the competitive landscape?
What strategies will manufacturers employ to increase adoption of their premium-priced devices across different geographies?
The ongoing shift in surgical techniques will drive the adoption of certain types of hernia meshes.
How is tension-free technique driving adoption of all hernia repairs?
What types of meshes are most suited for minimally invasive techniques and why?
Will there be any specific challenges faced by certain countries during this shift?
Product innovations and improvements will drive market growth in some hernia repair device markets.
Which companies have been more active in recent years in terms of coming out with new products?
What types of innovative products have been launched recently, and which device segments have seen the most new releases in recent years?
Which products are in pipeline to be introduced to the market soon?
The European MDR and Australia's TGA continues to have a significant impact on the hernia repair market.
What are the reclassified requirements for hernia meshes under the MDR and TGA regulations?
How will these requirements affect the market and competitive landscape in Europe, Australia, and the rest of the world?
Table of Contents
Global
Abstract
Executive Summary
COVID-19 Updates
Market Highlights
Competitive Highlights
Market Developments
Geographies Covered
Procedures Covered
Products Covered
Key Report Updates
Hernia Repair Device Market
Market Highlights
Key Content Updates
Market Definitions
Market Forecast Data
Market Shares
Competitive Insights
BD
Medtronic
Ethicon
Other Key Competitors
Factors Affecting All Competitors
Market Developments
Ventral Hernia Repair Mesh Market
Market Highlights
Key Content Updates
Market Definitions
Market Forecast Data
Market Shares
Competitive Insights
Global Ventral Hernia Repair Mesh Market Competitive Insights
Inguinal Hernia Repair Mesh Market
Market Highlights
Key Content Updates
Market Definitions
Market Forecast Data
Market Shares
Competitive Insights
Global Inguinal Hernia Repair Mesh Market Competitive Insights
Hernia Fixation Device Market
Market Highlights
Key Content Updates
Market Definitions
Market Forecast Data
Market Shares
Competitive Insights
Global Hernia Fixation Device Market Competitive Insights
Appendix
Abbreviations
Bibliography
Methodology
Core Country Coverage Methodology
Research Methodology
Marketrack Methodology
PriceTrack Methodology
Forecast Methodology
Supplemental Country Coverage Methodology
Base-Year Ratio Analysis
Market Forecasting
Tables and figures
Hernia Repair Device Market, by Product Type, Global (USD), 2019-2033
Hernia Repair Device Market Landscape, Global, 2023 and 2033