Life Cell

Jan 26, 2023

Hernia Meshs.R.L The market is expected to develop during the forecast period owing to an increase in the incidence of hernias, and high adoption of meshes in surgeries due to the factors such as cost-effectiveness, reduced pain, decreased operative time, and high availability of products in the market. The reimbursement scenario for hernia mesh devices is favorable, which encourages patients to opt for open or laparoscopic surgery. Patients have easy access to detailed reimbursement codes and ratios, which are made available by the government and industry players. The codes are granulated to types of hernias, (primary or recurrent) and the method of surgery (open or laparoscopic). Furthermore, technological advancements and new product launches are predicted to drive overall market growth. In March 2020, Johnson & Johnson's Ethicon wins a lawsuit against polypropylene hernia mesh. This mesh showed significant medical complications and damage when implanted in women's bodies. In November 2019, BD received U.S. FDA approval for a hernia repair device called Phasix ST Mesh with Echo 2 removal positioning system. This device was launched to repair an abdominal hernia. In addition, the introduction of biologic allograft mesh that has a fast recovery rate and minimizes post-surgery pain as compared to other options is another factor predicted to enhance the growth of the hernia repair devices market during the forecast period. High incidence of hernia across the globe and improved patient outcomes by using meshes, that reduce operative and recovery time, are some of the factors predicted to augment the market growth. Some of the advantages of using meshes in hernia repair include alleviated pain and reduced chances of recurrence which are expected to accelerate the market growth. Hernia Mesh Devices Market Report Highlights Biological surgical meshes dominated the segment owing to the high price of the products and increased preference for these products by healthcare professionals and patients The incisional hernia segment is anticipated to hold significant market share in 2021 owing to a large number of meshes available in the market for incisional repair Geographically, North America held the largest market share in 2021 and is expected to maintain its position during the forecast period. Factors responsible for the large market share are the high incidence of the target disorder and the augmented adoption of surgical meshes as a treatment option Asia Pacific is also expected to witness rapid growth during the forecast period owing to improved access to healthcare, which drives the growth in this region Key Topics Covered: Chapter 2. Executive Summary 3.1. Market Lineage Outlook