Inguinal Hernia Market

Market Overview:

The 7 major inguinal hernia markets are expected to exhibit a CAGR of 5.22% during 2024-2034.

The inguinal hernia market has been comprehensively analyzed in IMARC's new report titled "Inguinal Hernia Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Inguinal hernia is a common medical condition characterized by the protrusion of soft tissue, usually a portion of the intestine, through a weak point or tear in the abdominal muscles in the inguinal region located in the groin area. The ailment appears as a bulge or lump that can be visibly noticeable or felt beneath the skin. The symptoms of this ailment often include discomfort, pain, or aching in the groin, especially when bending, lifting, or coughing. The bulge may become more prominent during these activities and could potentially be pushed back into the abdomen when lying down. In some cases, patients might also experience nausea, vomiting, or a feeling of heaviness. The diagnosis of inguinal hernia typically involves a physical investigation by a healthcare provider who will assess the affected area and check for underlying symptoms. Medical imaging, such as ultrasound or MRI, may be performed to confirm the diagnosis and detect the extent of the disease.

The escalating incidences of stomach discomfort due to increased pressure on the groin area and weakened abdominal muscles are primarily driving the inguinal hernia market. In addition to this, the inflating utilization of effective medical interventions, including laparoscopic and open surgeries, to address the condition and prevent its exacerbation is also creating a positive outlook for the market. Moreover, the widespread adoption of conservative approaches like truss support, since it aids in holding the hernia in place and reduces discomfort in individuals suffering from the illness, is further augmenting the market growth. Apart from this, the rising application of lifestyle modifications, which include weight management, avoiding heavy lifting, and consuming a balanced diet rich in minerals, fiber, and vitamins, to encourage tissue healing and stabilize the abdominal muscles, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of minimally invasive techniques that result in quicker recovery times, reduced post-operative pain, and better long-term outcomes is also bolstering the market growth. Furthermore, the escalating demand for novel biomaterials used in hernia repair surgeries to promote tissue integration and decrease the likelihood of adverse effects in patients is expected to drive the inguinal hernia market in the coming years.

IMARC Group's new report provides an exhaustive analysis of the inguinal hernia market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for inguinal hernia and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the inguinal hernia market in any manner.

Time Period of the Study

• Base Year: 2023
• Historical Period: 2018-2023
• Market Forecast: 2024-2034

Countries Covered

• United States
• Germany
• France
• United Kingdom
• Italy
• Spain
• Japan
   

Analysis Covered Across Each Country

• Historical, current, and future epidemiology scenario
• Historical, current, and future performance of the inguinal hernia market
• Historical, current, and future performance of various therapeutic categories in the market
• Sales of various drugs across the inguinal hernia market
• Reimbursement scenario in the market
• In-market and pipeline drugs

Competitive Landscape:

This report also provides a detailed analysis of the current inguinal hernia marketed drugs and late-stage pipeline drugs.

In-Market Drugs

• Drug Overview
• Mechanism of Action
• Regulatory Status
• Clinical Trial Results
• Drug Uptake and Market Performance
   

Late-Stage Pipeline Drugs

• Drug Overview
• Mechanism of Action
• Regulatory Status
• Clinical Trial Results
• Drug Uptake and Market Performance

Key Questions Answered in this Report:

Market Insights

• How has the inguinal hernia market performed so far and how will it perform in the coming years?
• What are the markets shares of various therapeutic segments in 2023 and how are they expected to perform till 2034?
• What was the country-wise size of the inguinal hernia market across the seven major markets in 2023 and what will it look like in 2034?
• What is the growth rate of the inguinal hernia market across the seven major markets and what will be the expected growth over the next ten years?
• What are the key unmet needs in the market?

Epidemiology Insights

• What is the number of prevalent cases (2018-2034) of inguinal hernia across the seven major markets?
• What is the number of prevalent cases (2018-2034) of inguinal hernia by age across the seven major markets?
• What is the number of prevalent cases (2018-2034) of inguinal hernia by gender across the seven major markets?
• How many patients are diagnosed (2018-2034) with inguinal hernia across the seven major markets?
• What is the size of the inguinal hernia patient pool (2018-2023) across the seven major markets?
• What would be the forecasted patient pool (2024-2034) across the seven major markets?
• What are the key factors driving the epidemiological trend of inguinal hernia?
• What will be the growth rate of patients across the seven major markets?

Inguinal Hernia: Current Treatment Scenario, Marketed Drugs and Emerging Therapies

• What are the current marketed drugs and what are their market performance?
• What are the key pipeline drugs and how are they expected to perform in the coming years?
• How safe are the current marketed drugs and what are their efficacies?
• How safe are the late-stage pipeline drugs and what are their efficacies?
• What are the current treatment guidelines for inguinal hernia drugs across the seven major markets?
• Who are the key companies in the market and what are their market shares?
• What are the key mergers and acquisitions, licensing activities, collaborations, etc. related to the inguinal hernia market?
• What are the key regulatory events related to the inguinal hernia market?
• What is the structure of clinical trial landscape by status related to the inguinal hernia market?
• What is the structure of clinical trial landscape by phase related to the inguinal hernia market?
• What is the structure of clinical trial landscape by route of administration related to the inguinal hernia market?