The global hernia repair market is growing at significant rate, due to mounting occurrence hernia, expanding geriatric population and technological improvement. Different products contributed to the hernia repair market size. The market has witnessed high demand for mesh in the coming years due to higher cost of meshes contrasted to mesh fixators.
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Mounting occurrence of hernia, technological improvement in the mesh material such as biological mesh, accessibility of reimbursement, mounting acceptance of mesh in repair surgeries and efficiency of mesh repair are the primary growth drivers for hernia repair market.
Expanding geriatric population, mounting demand for robotic surgery and mounting healthcare expenditure are also facilitating the growth for the hernia repair market.
North America is the largest hernia repair market as in the region the acceptance of hernia repair is increasing. In addition, expanding geriatric population, presence of large pool of hernia patients, mounting healthcare expenditure, technological improvement, and efficient and favorable healthcare system are also up surging growth of the North American hernia repair market.
Asia-Pacific is observed to witness fastest growth in the market, due to expanding geriatric population.
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Key players in the hernia repair market are catering the demand of these devices by investing on technologically advanced products in their product portfolio across the globe.
B. Braun Melsungen AG, Becton, Dickinson and Company, Getinge AB, Johnson & Johnson, Cook Group Inc., Medtronic PLC., Integra Lifesciences Holdings Corporation, W. L. Gore & Associates, Via Surgical and Herniamesh are the key players offering repair products.
Source: VynZ Research
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