Market Trends of Hernia Repair Devices Industry
This section covers the major market trends shaping the Hernia Repair Devices & Procedures Market according to our research experts:
Polymeric and Prosthetic Mesh are Expected to Have a Large Share in Market Over the Forecast Period
The prosthetics used for hernia repairs can be non-absorbable, composite, or with an absorbable or non-absorbable barrier. Propylene mesh is the most common type of synthetic hernia mesh which may reduce the chances of a hernia returning. The increasing demand for hernia repair procedures is expected to drive the growth of the studied segment during the forecast period.
According to the article published by the Journal of Clinical Medicine in February 2022 polypropylene meshes are considered the gold standard of prosthetic materials used in hernia surgery with the advantage of parietal host tissue in-growth. There is a vast array of prosthetics available for hernia repair.
With new product approvals and launches, the use of hernia mesh solutions for surgically correcting or reconstructing anatomical abnormalities has become widespread. For instance, in April 2022 Ariste Medical received 510(k) clearance from the FDA to market its drug-embedded, synthetic hernia mesh in the United States. Hence, with new product approvals or launches products, there are increases spread of devices throughout the regions which are expected to drive the market over the forecast period through this segment.
Furthermore, in April 2021, Researchers from ICMAB-CSIC and B. Braun Surgical collaborated to develop a bio-based surgical mesh with bio-nanocellulose material and established the results which improve hernia repair surgery.
Thus various advantages, approvals, or launches along with new studies expand the usage of the devices and boost the growth of the market through this segment.
North America is Expected to Dominate the Market Over the Forecast Period
North America has an improving number of healthcare facilities and increasing incidence rates of hernia disorder cases that are expected to drive the overall market. According to the article Inguinal hernia published in March 2021, inguinal hernia repair is a common surgery in the United States. It is estimated that about 800,000 inguinal hernias were performed annually in this region. Similarly, as per the study report published by the Canadian Journal of Surgery in April 2022, 85.6% of inguinal hernia patients were men. Thus with a high burden in the procedures every year, the demand for hernia repair devices increases and is expected to drive the market to grow.
Furthermore, the new product developments in North America help to expand the indications in the hernia repair process. For instance, in September 2022, Surgical Technology International released a clinical trial publication stating that non-woven SURGIMESH had significantly reduced post-operative chronic pain and recurrence of the hernia. SURGIMESH is the only non-woven polypropylene matrix mesh that promotes rapid and completes vascularized incorporation in just 12 days. Hence, new product developments in the segment help to expand the indications which are expected to drive the market over the study period.
Thus, all the abovementioned factors like rising hernia repair procedures and new product approvals and launches in the region likely increase the demand for hernia repair devices and are expected to drive the market in the region.