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Hernia Repair Market Valuation Usd 6.60 Billion Over 2024
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The hernia is a problem of intestinal exiting from the stomach muscles that become weak. In this condition, there is an enlargement in place of a hernia. Some organs are present in the hollow spots inside the human body. These hollow spaces are called body cavities. Actually, the body cavity is covered with a skin membrane. When the membranes of these cavities burst sometimes, some part of the limb gets out. This distortion is called Hernia.
The hernia is more likely to be due to muscle weakness due to a lifting cough or heavy luggage for a long time. Although hernia has no special symptoms, some people may be prone to swelling and pain. This kind of pain can increase when standing, having a muscle strain or lifting some heavy luggage.
The global hernia repair market is expected to reach USD 6.60 billion by 2024. Rigorous research & development activities, a growing number of obese patients and high susceptibility of geriatric patients to suffer from hernia are expected to drive the market over the forecast period. Increasing technological sophistication in repair devices and rigorous research and development of the drug-eluting mesh is projected to boost the demand for hernia repair devices and consumables.
Post-operative pain is growing concern post-repair with synthetic mesh. Though the cause of pain varies from patient to patient, a primary reason for pain is inflammation associated with the synthetic mesh. Other chronic illnesses related to the use of implanted mesh are abdominal pain, infection (sepsis), bowel obstruction and adhesion. In spite of increasing technological sophistication in mesh technology, synthetic materials remain the most widely used mesh products for hernia repair especially the polypropylene mesh due to their low cost and easy availability.
The biological mesh is gaining momentum in developed countries especially in the U.S. Biologic mesh development has overcome the problem associated with the synthetic mesh including foreign body interaction, chronic inflammation, infection, and stiffness. Presence of favorable reimbursement policies coupled with the well-regulated healthcare insurance and increasing prevalence of an inguinal and ventral hernia in developed economies have rendered increased acceptance of this product.
The above-mentioned factors collectively boost demand for overall hernia repair consumables and surgical devices market over the forecast period. Owing to shortcomings of synthetic mesh, manufacturers are working on developing cost-effective and technological advanced mesh. For instance, Ariste Medical is developing drug-eluting mesh. These repair products are anticipated to improve the patient outcomes specifically in vascular procedures including hernia and peripheral bypass hemodialysis processes.
Also, manufacturers are focusing on developing composite or hybrid mesh. The hybrid mesh is a result of the combination of best features of biologic and synthetic mesh. Mesh that combines a minute quantity of synthetic material such as polypropylene and biologic building blocks derived from animal tissue has the property to diminish the hazards of inflammatory reactions along with providing long-term durability. Medtronic and Cook Medical are investing in the development of cost-effective composite mesh. This product may overcome the disadvantages associated with synthetic mesh such as inflammation, sepsis and abdominal adhesion. These factors render cost advantage over the biologic mesh, which in turn is expected to boost the hernia repair market.
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