Hernia Repair Devices and Consumables Market is Expected to Reach $6.1 Billion, Globally, by 2020

Repair Devices and Consumables Market

Opportunities and Forecasts, 2013 – 2022

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Hernia Repair Devices & Consumables Market - Introduction Hernia Repair Devices and Consumables Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $6.1 Billion by 2020, registering a CAGR of 6.5% during the period 2014-2020. Consumables (mesh, staple and tacks) segment would continue to be the leading segment of the global hernia repair market in 2020, largely due to the augmentation in hernia cases, recurrence rate and emergence of advanced meshes.

View Detail Summary of this report: https://www.alliedmarketresearch.com/hernia-repair-devicesmarket Increase in number of hernia repair surgeries (laparoscopy and open tension-free repair) would be the prime factor responsible for the market growth during the forecast period. As per AMR analysis, total number of hernia repair surgery was ~27 million in 2013 and is expected to reach ~36 million by 2020. Furthermore, other factors driving the market include emergence of novel meshes, technologically advanced hernia fixation devices and growing obese population. However, lack of adequate reimbursement policies and high cost associated with hernia repair procedures would restrain the market growth to a certain extent.

Healthcare professionals still prefer synthetic mesh for hernia repair surgeries despite of chronic pain associated with it. However, biological meshes would be the ultimate choice for patients with high risk.

Popularity of synthetic mesh is largely due to the attributes such as cost effectiveness, lesser risk of infection (less than 3%) and hard-wearing (remain permanently in the body). In case of biological mesh, it has few limitations such as risk of infection and less stronger as compared to synthetic mesh. Ongoing improvements in meshes such as absorbable, non-absorbable or partially absorbable is also a significant factor fuelling the consumables market.

Hernia Repair Devices & Consumables Market - Key Benefits  Competitive landscape of the global hernia repair devices and consumables market helps to understand strategies adopted by various companies for growth  Comprehensive analysis of factors that drive and restrict growth of the hernia repair devices and consumables market is provided. For example, rising number of hernia patients drives the global hernia repair devices and consumables market; however, unfavorable reimbursement policies are likely to be a restraint of the market  Market conditions of global hernia repair devices and consumables across all geographic regions are comprehensively analyzed.

Development of technologically advanced products such as absorbable and non-absorbable meshes and devices, and synthetic material and biological meshes are tracked  Porter’s Five Forces model gives an in-depth analysis of the bargaining power of buyers and suppliers, threats of new entrants and substitutes and competition amongst the key market players

Hernia Repair Devices & Consumables Market - TOC

1. INTRODUCTION 2. EXECUTIVE SUMMARY 3. MARKET OVERVIEW 4. HERNIA REPAIRE DEVICES AND CONSUMABLES MARKET, BY PRODUCT TYPE 5. HERNIA REPAIR DEVICES AND CONSUMABLES MARKET, BY SURGERY TYPES 6. HERNIA REPAIR DEVICES AND CONSUMABLES MARKET, BY HERNIA TYPES 7. HERNIA REPAIR DEVICES AND CONSUMABLES MARKET BY GEOGRAPHY 8. COMPANY PROFILE

Hernia Repair Devices & Consumables Market - Infographics

Hernia Repair Devices & Consumables Market - U.S. Patent Analysis by Market Participants

Hernia Repair Devices & Consumables Market – Key Findings

Key findings of Hernia Repair Devices and Consumables Market: • Consumables segment is most attractive segment with faster growth and higher revenue share within hernia repair market • North America will remain the leading region through 2020, closely followed by Europe • Incisional Hernia is expected to be the fastest growing market segment during the forecast period

Hernia Repair Devices & Consumables Market - Company Profiles 1. B. Braun Melsungen AG 2. Baxter International 3. C.R. Bard Medicals (Davol Inc.) 4. W.L. Gore & Associates Inc 5. Life Cell 6. Cooper Surgicals Inc. 7. Ethicon Inc. (A J&J Subsidiary)

8. Medtronic (Covidien, acquired by Medtronic) 9. Cook medicals 10. SWOT analysis of Insightra Medical Inc

Hernia Repair Devices & Consumables Marke By Geography

North America, Europe, Asia Pacific, LAMEA

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