HERNIA REPAIR DEVICES MARKET ANALYSIS

Hernia Repair Devices Market Size and Trends

The Global Hernia Repair Devices Market is estimated to be valued at USD 6.21 Bn in 2024 and is expected to reach USD 8.24 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.1% from 2024 to 2031.

Key Takeaways of the Hernia Repair Devices Market:

• By product, the mesh segment is expected to contribute the highest share of the market with 50.2% in 2024.
• By procedure, the open surgery segment is expected to contribute the highest share of the market with 53.3% in 2024.
• By clinical indication, the inguinal hernia segment is expected to contribute the highest share of the market with 35.2% in 2024.
• North America is expected to top the global market with 39.3% share, followed by Asia pacific with 25.5% share in 2024.

Market Overview:

The hernia repair devices industry is driven by rising obese population coupled with higher prevalence of hernia. Growing demand for minimally invasive surgeries among patients and physicians along with increasing use of mesh repair compared to suture repair for hernia treatment are factors anticipated to offer growth opportunities for market players. Adoption of innovative fixation devices and increasing preference for synthetic meshes over biologically derived meshes are also expected to propel the market growth during the forecast period.

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Key Developments:

• In April 2024, TELA Bio, Inc., a medical technology company, announced the U.S. launch of OviTex IHR, a robotic-compatible reinforced tissue matrix for inguinal hernia repair. Designed for laparoscopic and robotic-assisted procedures, it comes in three configurations to address varying patient and procedural needs. Building on the OviTex portfolio, the device combines ovine rumen layers with minimal polymer sutures for strength while reducing the polymer footprint. With over 45,000 implantations and 8 years of clinical use, OviTex has demonstrated efficacy in hernia repair.
• In April 2022, Ariste Medical, a pre-commercial drug and device company, received U.S. FDA clearance to market its drug-embedded synthetic hernia mesh in the United States
• In February 2021, W.L. Gore & Associates, a chemical manufacturing company, launched Synecor Intraperitoneal Biomaterial in Europe, South Africa, and the Middle East. This biomaterial is designed for reconstructing and repairing hernias and abdominal wall soft tissue defects.
• In September 2020, Surgical innovation associates, a surgical center in Illinois,S., received CE Mark approval for DuraSorb, an absorbable device designed for aesthetic and reconstructive applications, including breast tissue support, prosthetic breast support, and hernia prevention.

Top Strategies Followed by Global Hernia Repair Devices Market Players

• Established Players: Leading companies in the hernia repair devices market are heavily investing in research and development to innovate high-performance products.
  • For instance, in August 2024, Medtronic announced a US$ 200 million investment aimed at enhancing its hernia repair product line, focusing on developing advanced mesh technologies that improve patient outcomes and reduce recurrence rates
• Mid-Level Players: Companies of mid-size focus on offering quality hernia repair solutions at competitive prices. Leading companies in the hernia repair devices market prioritize extensive research and development to innovate high-performance products.
  • For instance, the European Union-funded project GREEN NANO MESH which focuses on developing bio-based, eco-friendly meshes for hernia treatment, aiming to reduce foreign body reactions and recurrence rates associated with traditional non-degradable meshes.
• Small-Scale Players: Small-Scale Players: Small players in the hernia repair devices market successfully capture profitable niche segments through specialization. They invest in R&D to develop innovative solutions tailored to specific defect types, surgeon preferences, or medical environments. For instance, advancements include pediatric hernia meshes, dissolvable sutures, and single-incision surgical kits. Companies like Insightra Medical focus on advanced hernia repair solutions, including pediatric hernia meshes specifically designed to address the unique anatomical needs of children.

Emerging Startups - Hernia Repair Devices Industry Ecosystem

• Innovative Technologies: Startups like Fortify Medical have created smart hernia mesh implants using biocompatible sensors. These generate real-time healing data transmittable to clinics via smartphones. Other examples include Neurochirurg which developed AI-powered surgical robots assisting laparoscopic procedures through precise movements. Adoption of such advanced technologies can transform hernia repair with improved outcomes.
• Sustainable Solutions: A startup named Amplify has introduced hernia patches made from renewable plant-based biopolymers, offering a more sustainable approach to surgery. Similarly, MeshLinq utilizes sustainable alginate fibers in their hernia repair products, which dissolve in the body over time. These eco-friendly innovations help reduce waste and make hernia repair more environmentally responsible. Their success is inspiring larger companies to incorporate sustainability into the development of future products.