Overview

Hernia Repair Market Introduction

Global Hernia Repair Market is estimated to value over USD 4.9 billion by 2027 end and register a CAGR of over 3.5% during the forecast period 2020 to 2027 

 Rising obesity prevalence rates and increasing insistence for novel biological meshes are some factors that are predicted to steer the market over the forecast period. As per the National Center for Health Statistics (NCHS), over 750,000 hernias of the groin were treated in the United States. An inguinal hernia is the most commonly diagnosed type of hernia, with over 2% women and over 25% of men getting at least once in their lifetime. Mesh, that is used in operating hernia, is made of a simple cloth piece prepared from synthetic threads like polyester and polypropylene cause infection, perforation, pain that leads into hernia of the groin.

 

With a rising demand for novel synthetic, biological meshes is an integral competitive factor and adoption of hernia repair processes that are tension-free are predicted to further steer the hernia repair market growth. Strategic partnerships with robotic surgery equipment manufacturers and rising economic emphasis on adopting composite mesh are some of the lucrative opportunities for the market in upcoming years.

 

Depending on the type of hernia, the market is bifurcated into the femoral hernia, umbilical hernia, inguinal hernia, incisional hernia, and others. The inguinal hernia segment is estimated to dominate the market over the forecast period which is followed by umbilical hernia.

Regionally, the market is fragmented into Europe, Latin America, Middle East & Africa, North America and the Asia-Pacific. North America held the largest global hernia repair market share in 2017 and is predicted to continue this domination throughout the forecast period. On the contrary, the Asia-Pacific region is predicted to proliferate with a high CAGR value over the forecast period due to an increase in disposable incomes, growing awareness among patients regarding hernia surgical processes and increasing population pool.

 

Key market players included in the global hernia repair industry are Aspide Medical, B. Braun Melsungen AG, Cook Medical, Cousin Biotech, C.R Bard, Covidien, Dipromed, Ethicon, Feg Textilechnik MBH, Hernianesh, Intregra Lifesciences, Lifecell, Maquet Holding.

 Hernia Repair Market

Global Hernia Repair Market Segmentation:

By Product

  • Consumables

- Mesh

~ Synthetic Mesh

~ Biologic Mesh

  • Fixation Devices

-Mesh Fixators

~ Sutures

~ Tack Applicators

~ Glue Applicators

By Hernia Type

  • Inguinal Hernia
  • Incisional/Ventral Hernia
  • Umbilical Hernia
  • Femoral Hernia

By Region

 

FutureWise Key Takeaways:

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

 

Objectives of the Study:

  • To provide with an exhaustive analysis on the global hernia repair market by product, by hernia type and by region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific and the rest of the world
  • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
  • Profiling of companies to evaluate their market shares, strategies, financials and core competencies

$3450

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics