Hernia Mesh Devices Global Market is Booming Across the Globe and Witness Huge Growth By Key Players To 2033 | 3M Company, Medtronic PLC, Stryker Corporation, Dipromed S.r.l., Herniamesh S.r.l.

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The Hernia Mesh Devices Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Hernia Mesh Devices Global Market Report 2024, The hernia mesh devices market size has grown strongly in recent years. It will grow from $4.02 billion in 2023 to $4.28 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to clinical acceptance, aging population, hospital infrastructure, rising respiratory disorders, clinical studies and guidelines.

The hernia mesh devices market size is expected to see strong growth in the next few years. It will grow to $5.23 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to homecare settings, prevalence of chronic diseases, global health crises preparedness, awareness and education, shift towards non-invasive therapies. Major trends in the forecast period include development of portable and lightweight hfnc devices, focus on patient-centric design and comfort features, introduction of wireless monitoring and connectivity, application in non-invasive ventilation (niv) strategies, emphasis on evidence-based clinical guidelines, integration of advanced flow control algorithms..

The increasing prevalence of hernia repairs is expected to propel the growth of the hernia mesh devices market going forward. Hernia repair is a surgical treatment designed to reinforce the abdominal wall’s weakening and push a hernia’s bulge back into its proper position. Hernia mesh devices are frequently utilized during hernia repair procedures to lower the risk of recurrence and enhance patient results. For instance, in August 2023, according to a report published by the National Library of Medicine, a US-based medical library, approximately 800,000 repairs are performed annually for inguinal hernias in the United States. Therefore, the increasing prevalence of hernia repairs is driving the growth of the hernia mesh devices market.

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The hernia mesh devices market covered in this report is segmented –
1) By Mesh Type: Biologic Mesh, Synthetic Mesh
2) By Procedure: Open Surgeries, Laparoscopic Surgeries, Robotic Surgeries
3) By Hernia Type: Incisional Hernia, Umbilical Hernia, Inguinal Hernia, Femoral Hernia, Other Hernia Types
4) By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End Users

Major companies operating in the hernia mesh devices market are developing innovative devices such as GORE SYNECOR Intraperitoneal Biomaterial to enhance patient outcomes by reducing complications. The GORE SYNECOR Intraperitoneal Biomaterial is a hernia mesh device made for use in the treatment of ventral or incisional hernias that may need the addition of a non-absorbable bridging or strengthening material. For instance, in February 2021, W. L. Gore & Associates Inc., a US-based materials science company that specializes in products derived from fluoropolymers, launched GORE SYNECOR Intraperitoneal Biomaterial. It is a tri-layer hybrid intraperitoneal biomaterial created to facilitate a single, successful hernia repair in difficult-to-treat patients. The device is employed when intraperitoneal bridging is required for ventral hernias with a high risk of rupture. The tool is adaptable and suitable for many different uses. The device’s distinctive composition of a bioabsorbable foam layer and a microporous weave of thick monofilament may help explain the business’s standing for innovation and excellence.

The hernia mesh devices market report table of contents includes:
1. Executive Summary