According to the recent research report titled ‘GLOBAL Hernia Repair Devices And Consumables Market 2021-2028’, available with Market Study Report, global hernia repair devices and consumables market is expected to record a CAGR of 3.8% over 2021-2028.
 

Rising pervasiveness of hernia and subsequently growing acceptance of tension-free repair producers are propelling global hernia repair devices and consumables market growth. Moreover, planned alliances among robotic surgical equipment manufacturers and growing opportunities in emerging economies are further enhancing the overall market outlook.
 

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Considering the restraints, high cost of hernia repair surgeries and inadequate reimbursement policies are posing challenges in this business sphere.
 

Based on hernia type, the market is split into incisional hernia, femoral hernia, umbilical hernia, inguinal hernia, and others. As per surgery type, worldwide hernia repair devices and consumables industry segmentation comprises laparoscopic surgery, and open tension-free repair surgery.
 

With respect to component type, the market is divided into fixation devices (non-absorbable tack, absorbable tack, others), and consumables (synthetic material mesh (non-absorbable mesh, absorbable mesh) and biological material mesh).
 

Coming to the regional landscape, Middle East & Africa, North America, Asia Pacific, Latin America, and Europe are the key contributors to the industry development. Of these, North America presently holds considerable portion of global hernia repair devices and consumables market share and is anticipated to follow a similar trend over 2021-2028.
 

The growth can be attributed to high prevalence of hernia diseases, rising cognizance regarding hernia surgeries, favorable government initiatives, and enhanced healthcare facilities in the region. Moreover, inguinal hernia repair is one of the most common surgeries across the United States, accounting for almost 75% of all abdominal wall hernias, thereby boosting the product demand.
 

Major contenders impacting global hernia repair devices and consumables market trends are W.L. Gore & Associates Inc., Cryolife Inc., B. Braun Melsungen AG, C.R. Bard Inc., Johnson & Johnson (Ethicon Inc.), Medtronic plc, Herniamesh SRL, Zimmer Biomet Inc., The Cooper Companies Inc., Cook Medical Inc., Integra Lifesciences Corporation, Via Surgical Ltd., and Allergan plc.