North America Hernia Repair Devices And Consumables Market Forecast 2021-2028

North America Hernia Repair Devices And Consumables Market Forecast 2021-2028

KEY FINDINGS
The North America hernia repair devices and consumables market is expected to project a CAGR of 3.31%, over the forecast years of 2021 to 2028. Factors such as, improved healthcare facilities, increased incidence of hernia disorders, and supportive government initiatives, are attributed to the region’s market growth.

MARKET INSIGHTS
The North America hernia repair devices and consumables market growth is assessed by analyzing Canada and the United States. Canada witnesses a considerable incidence of hernia, with over 55,000 surgeries performed annually. The country also observes an increasing concern regarding hernia mesh recalls. For instance, more than 12 hernia mesh brands were withdrawn or recalled from the market since 2000. Although data depicts that mesh prevents hernia recurrence, it produced mixed results. In February 2016, NCBS conducted a study, to determine the recurrence rate of hernia repair in Canada in patients who received hospital treatments. As per the study, nearly 27.7% of treatments were observed in Shouldice hospital, entirely dedicated to hernia treatment, with a recurrence rate of 1.15%. However, the recurrence rate of other general hospitals ranged from 4.54% to 5.04% within a year of the treatment.
On the other hand, the use of polypropylene mesh is now the most popular method of repair by open technique, owing to the introduction of the Lichtenstein tension-free repair. As a result, these factors are expected to drive the region’s market growth, over the forecast period.

COMPETITIVE INSIGHTS
Key players operating in the market are, Cook Medical Inc, Johnson & Johnson (Ethicon Inc), Becton, Dickinson, and Company (CR Bard Inc), Baxter International Inc, etc.
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