Global Hernia Repair Devices Market - 2020-2027
|疝气手术设备的全球市场(2020年～2027年) Global Hernia Repair Devices Market - 2020-2027|
|出版日期: 2020年11月04日||内容资讯: 英文||
Hernia is the condition in which the internal organ or fatty tissue surges out through the fascia, a weak spot present in a surrounding muscle or connective tissue. Hernia occurs most frequently within the abdominal cavity, between the chest and the hips. inguinal hernia, femoral hernia, umbilical hernia, hiatal hernia, and others are the most prevalent hernia observed across the globe. Hernia is characterised by the signs and symptoms such as swelling in the groin or scrotum, pain at the site of the bulge, pain while lifting, increase in the bulge size over time, aching sensation, and bowel obstruction.
Hernia repair devices are the devices that are used for performing the surgical procedure for the correction of hernia. Hernia repair devices are used for performing the laparoscopic, and open repair surgery. The market is dominated by the availability of the hernia mesh including the synthetic mesh, & biologic mesh, and mesh fixator including the sutures, tack applicators, and glue applicators.
The global hernia repair devices market size was worth US$ XX billion in 2018 and is estimated to reach US$ XX billion by 2027, growing at a CAGR of XX % during the forecast period (2020-2027).
Rising Number of Hernia Repair Surgery being Performed is Driving the Growth of the Market
There is increasing demand for the hernia repair devices with the increasing number of people undergoing the hernia repair surgery including the laparoscopic, and open repair surgery. There is rising number of the hernia repair surgery with the increasing prevalence of hernia with increasing obese and older population worldwide. According to the European Commission, every year more than 20.0 million hernia repair surgeries are performed globally. According to the United States Food and Drug Administration (FDA), every year more than one million hernia repair surgeries are performed in the United States. Every year, approximately, 800,000 hernia repair surgery for inguinal hernias and rest hernia repair surgeries are performed for other types of hernias. According to the Ali Rastegarpour et.al. 2016, every year, around 200,000 patients undergone incisional hernia repair surgery in the United States.
Increasing funding & investment for development of the Hernia Repair Devices is Boosting the Market Growth
Several companies are raising the funding and investment for the development of the Hernia Repair Devices. For instance, in February 2016, Via Surgical had raised the USD 6 million funding for the development of the artridge-based hernia repair device i.e., FasTouch Deployable Suture Fixation system. This funding would be used to expand the reach for FasTouch Deployable Suture Fixation system. In January 2020, Virtual Incision Corporation had raised the USD 20 million in Series B+ financing round led by the investor Bluestem Capital, with participation from returning investor PrairieGold Venture Partners, as well as from Genesis Innovation Group and other affiliated investors. This funding would be used to support the regulatory and clinical programs leading to the commercialization of the miniaturized in vivo robotic assistant (MIRA) Surgical Robotic Platform for various applications such as hernia repair, gallbladder removal, antireflux surgery, splenectomy, adrenalectomy, gastric sleeve, gastric bypass, hysterectomy and hepato-pancreato-biliary procedures.
Adverse Effects Associated with the use of Hernia Repair Devices is Hampering the Market Growth
The market is hindered by the adverse effects associated with the use of the hernia repair devices. Several adverse effects such as pain, infection, hernia recurrence, adhesion, bowel obstruction, organ performation, and other adverse effects were observed among the patients treated with hernia repair devices. According to the British Journal of Surgery, the coating of the hernia mesh has reduced the adhesion for a week. There was no prevention of the adhesion through the coating of the hernia mesh after a month. Mesh also lead to the bowel obstruction as it can migrates in the body. According to the Food and Drug Administration (FDA), the recalled mesh are leading cause of bowel preformation and obstruction among the patients. Chronic infection such as inflammation, fever, and other flu like symptoms are observed among the patients. According to the Food and Drug Administration (FDA), the ethicon physiomesh implant was detached and migrated among the patients. This implant was attached to the patient's intestine and the skin. Migration of the implant resulted in excess pain and severe damage.
COVID-19 Impact Analysis
The global hernia repair devices market has been impacted due to the COVID-19 pandemic as there is decreased number of the patients undergoing the hernia repair surgeries with the increasing number of people suffering from the COVID-19. The COVID-19 can be a serious threat for carrying out the corneal surgery. Globally, the demand of the hernia repair devices has reduced due to COVID-19 pandemic with the decrease in the number of the people undergoing the hernia repair surgery. According to the F. Kockerling et.al. 2020, approximately, 28 million elective operations were cancelled during the peak 12 weeks of disruption occurred due to COVID-19. According to the hernia registry, the number of inguinal hernia repair surgery had witnessed the decreased from the 6,699 surgeries in February 2020 to 3033 in June 2020 due to COVID-19 pandemic. The number of the umbilical hernia repair surgeries has decreased from 1, 692 in February 2020 to 1,421 in June 2020.
According to the Centers for Disease Control and Prevention (CDC), approximately, 18.5 million people were affected by inguinal, femoral, and abdominal hernias worldwide in 2015. Around, 59,800 number of people died due to inguinal, femoral, and abdominal hernias across the globe in 2015. According to the International Bank for Reconstruction and Development, the prevalence of the inguinal hernia was 5.85% worldwide in the 2015. Globally, 43,689 number of people died due to inguinal hernia per year. Inguinal hernia was most frequent among the males in comparision to the females. Around, 3,010 number of people died due to inguinal hernia. The prevalence of inguinal hernia was 4.06% in Europe in the 2015. Around, 27.1 million number of people were affected by inguinal hernia in Europe in 2015. Every year, 3,010 number of people died due to inguinal hernia in Europe. Majority cases of umbilical hernias occur among the infants. The incidence of umbilical hernias was 2-10% among the children older than one year. Around, 10% to 30% of children were suffering from the abdominal wall hernia. Incisional and ventral hernias accounts for approximately 10% of all hernia cases.
Hernia Mesh segment is expected to hold the largest share in the Hernia Repair Devices market
By Product Type, the market is classified as the hernia mesh, and hernia fixation devices. The hernia mesh segment is anticipated to hold the largest share in the hernia repair devices market due to rising penetration of the hernia mesh. As per the Sanders DL et al, every year, around 20 million prosthetic meshes were implanted among the patients with hernias worldwide. Around, every year nine out of ten hernia surgeries are performed by using the hernia mesh in the United States. Hernia mesh supports the damaged tissue around hernias. It can be easily placed around the hernia by attaching with stitches, staples or glue. Hernia mesh is made up of the synthetic materials that can be absorbable, non-absorbable or a combination of both materials found in knitted mesh or non-knitted sheet forms. Hernia mesh is effective in lowering the recurrence of the hernias. The market is dominated by the availability of the several hernia mesh products. For instance, Atrium comprised of the several hernia mesh product portfolio such as C-QUR, Vitamesh, Proloop, Prolite, Prolite UltraQ; B. Braun comprised of the several hernia mesh portfolio such as Premilene, Omyra, Optilene; LifeCell Corporation comprised of the hernia mesh product portfolio such as Alloderm Select, Strattice; and Medtronic comprised of the hernia mesh product portfolio such as Parietex, Permacol, ProGrip, Symbotex, Versatex.
By Surgery Type, inguinal hernia Segment is Expected to Witness a High Growth Over the Forecast Period
The market is classified based on the surgery type as the inguinal hernia, umbilical hernia, incisional hernia, femoral hernia, and others. The inguinal hernia segment accounts for the highest market share due to the high number of the inguinal hernia surgeries across the globe. According to the Society of American Gastrointestinal and Endoscopic Surgeons (SAGES), every year, approximately 600,000 inguinal hernia surgeries are performed in the United States. Inguinal hernia surgeries are recommended for treating the hernias with the loop of intestine without blood supply; hernias with trapped loop of intestine; and hernias that can be pushed back into the abdomen.
North America region holds the largest market share global Hernia Repair Devices market
North America region is dominating the global hernia repair devices market accounted for the largest market share in 2019 owing to the increasing adoption of the hernia repair devices for performing hernia repair surgeries. According to the Raquel Maia et al., 2019, published in journal Annals of Laparoscopic and Endoscopic Surgery, around 350,000 number of abdominal wall hernia repair surgeries were performed in a year. There is high recurrence rate of hernias. The United States accounts for the highest market share due to the availability of the favorable reimbursement policies for hernia repair surgeries. There are presence of the several market players developing the advanced hernia repair devices. Several companies are entering into the collaboration with the organizations, associations, and institutes for improving the hernia repair care. For instance, in April 2017, W. L. Gore & Associates, Inc. had entered into the collaboration with the Americas Hernia Society's Quality Collaborative (AHSQC) for improving the quality of care for hernia patients. The well-established healthcare facilities & infrastructure shall stimulate the market growth.
Asia-Pacific region is expected to grow at the fastest CAGR during the forecast period
Asia-Pacific region is estimated to be the fastest-growing region in the global hernia repair devices market owing to the increasing obese and older population as these population are at the high risk of developing the hernia. According to the International Bank for Reconstruction and Development, the prevalence of the Inguinal Hernia was 4.88% in Southeast Asia and 6.05% in Western Pacific. The growing elder population shall have positive impact on the market. According to the United Nations Report, there were around 87 millions of population of age-group 65 years or over in India. There is increasing research & development activities for the development of the technologically advanced hernia repair devices. There is rising adoption of the advanced hernia repair devices such as self-fixating mesh and articulating fixation devices. Several surgeons are using the high-flexibility and self-fixation of the hernia mesh in which the mesh can be fixed at the hernia site without using any staples or glue. These flexibility hernia repair devices would advance the mesh towards the hernia site. There is increasing awareness regarding the hernia care shall have a positive impact on the market.
The hernia repair devices market studied is a fragmented market with the presence of large number of market players. Medtronic Plc, Ethicon Inc., Atrium, Lifecell Corporation, B Braun Melsungen AG, Baxter International, Inc., Cook Medical, Becton, Dickinson and Company, CooperSurgical Inc., Insightra Medical, Inc., Olympus Corporation, and Integra Lifesciences are the major market players with the significant market share. Companies are adopting several growth strategies such as product launches, acquisitions, mergers, collaborations, and licensing for increasing their market presence. For instance,
The global hernia repair devices market report would provide an access to an approx. 61 market data table, 58 figures and 230 pages.
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