Hernia is associated with high morbidity in patients. Hence, med-tech companies in the hernia repair devices market are increasing R&D spending on innovations in products and equipment.
Hernia is associated with high morbidity in patients. Hence, med-tech companies in the hernia repair devices market are increasing R&D spending on innovations in products and equipment. The growing burden of geriatric population on the healthcare system has compelled manufacturers to develop efficacious hernia mesh, biologic materials, and endoscopy equipment, among others to improve medical outcomes. The population aged 55 years & above is more likely to develop hernia due to the high risk of acquiring health disorders and natural weakening of muscles.
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