Occurrence of hernia results in chronic pain and is one of the most common conditions affecting large number of populations. Hernia is a condition often characterized by protrusions of organs mainly intestines via a weakened section of abdominal wall. If the condition is left untreated then it results in widening of the split in the muscles thereby increasing the number of organs and tissues being pushed through the openings or weakened muscles along with the formation of a sac like structure.The weakening of abdominal wall can be by birth or can be acquired later during the lifetime of a person. Hernia is further categorized into inguinal, femoral, umbilical, hiatal and others based on the anatomical location of the hernia. Hernia can be diagnosed with the help of physical examination and clinical laboratory tests; physical examination involves thorough scrutiny of the physical area of the bulge or lump and the clinical tests such as blood tests, urinalysis and imaging platforms especially in the case of cardiac patients.
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Escalation in hernia prevalence is contributed by factors such as rise in geriatric population, high obesity epidemic and rapidly changing lifestyle habits. It is predicted that the population aged above 55 is more susceptible to develop hernia owing to the natural weakening of the muscles and high risk of acquiring health disorders. The global hernia repair devices market was valued at USD 3,578.2 million in the year 2012 and is expected to record a growth rate of 7.5% during the forecast period from 2013 to 2019, to reach an estimated value of USD 5,936.4 million by 2019.
With increasing preference for minimally invasive hernia repair procedures, there has been increased rate of adoption of tension free hernia repair procedures over the traditional incisional repair procedures. The rationale behind the increased adoption of tension free hernia repair procedures is that it provides fast recovery with negligible post-operative pains compared to the conventional means. Laparoscopic tension free and tension free mesh technique are the two most popular hernia repair procedures amongst others. Currently, robotics assisted surgeries are witnessing increased acceptance majorly due to high consistency, accuracy and less prone to human errors. Owing to this development, the strategic tie-ups of the medical device manufacturers with the developers of robotics surgical equipment provides a plethora of business opportunities in the field of medical devices.
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Geographically, North America accounts for the largest percentage share of the global hernia repair devices market accounting for around 41.3% of the total market. This is justified by the presence of technologically updated infrastructure and well trained healthcare professionals in this region compared to other regions. In addition, consistent rise in awareness levels in patient population has further augmented growth and development of hernia repair devices market in this region. The region also provides well-defined reimbursements policies which further encourages adoption of hi-tech hernia repair products and procedures. Asia-Pacific region is anticipated to record high growth rate owing to increased participation of the respective governments in improving the overall healthcare sector and huge untapped potential in these regions. In addition, rise in disposable incomes and increased preference of the population to avail technologically advanced medical solutions further support growth of hernia repair devices market. Rest of the World (RoW) is also expected to exhibit considerable growth rate majorly due to increasing acceptance towards novel approaches and consistent improvements in healthcare facilities in Latin American markets of Brazil, Argentina and Mexico.