Hernia is a type of disease in which the inner layers of abdominal muscle become weak, and the lining of the abdomen bulges out into a small sac. It can affect multiple areas such as the navel (umbilical hernia), groin (inguinal hernia), or the incision site of surgery (post-surgery hernia).
- Advertising -
Watchful waiting and surgical procedures are the two measures by which hernia is treated. The surgical procedures involve two approaches, namely, open tension-free repair surgery and laparoscopy.
- Advertising -
Every year, around 20 million inguinal hernia repair surgeries are performed worldwide. In the U.S., around 0.15 million incisional hernia repair surgeries are performed yearly.
These surgeries are performed using mesh, which is made up of biological or synthetic material with the help of fixation devices.
The global hernia repair devices and consumables market was valued at $4,156 million in 2016, and is projected to reach $5,554 million at a CAGR of 4.2% from 2017 to 2023. The major factors that contribute towards the growth of the hernia repair devices and consumables market include high acceptance of tension-free repair procedures, surge in demand for advanced mesh, increase in adoption of robotic surgeries, and rise in prevalence of hernia.
However, high cost of hernia repair surgeries and inconsistent reimbursement policies hamper the market growth. Conversely, the development of novel products by key vendors such as biological mesh and high market potential in untapped emerging economies are expected to provide lucrative growth opportunities for the market.
The hernia repair devices and consumables market is segmented on the basis of product, surgery type, hernia type, and region. Based on product, the market is bifurcated into fixation devices and consumables.
Fixation devices are further segmented into tack and other fixation devices where tack segment is sub segmented into absorbable tack and non-absorbable tack. Consumables segment comprises mesh, which is further classified into synthetic material mesh and biological material mesh.
Synthetic material mesh is of two types, namely, absorbable mesh and non-absorbable mesh. On the basis of surgery type, it is categorized into open tension-free repair and laparoscopic surgeries.
By hernia type, the market is fragmented into incisional hernia, umbilical hernia, inguinal hernia, femoral hernia, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Get this Report@ www.researchbeam.com/hernia-repair…/purchase-enquiry
LIST OF KEY PLAYERS PROFILED IN THE REPORT
- B. Braun Melsungen AG
- Baxter International Inc.
- C.R. Bard
- W. L. Gore & Associates, Inc.
- LifeCell Corporation
- Herniamesh S. R. L.
- Medtronic Plc.
- Ethicon, Inc.
- Cook Medical Inc.
- Cooper Surgicals Inc.
Check Full Report With TOC@ www.researchbeam.com/hernia-repair-devices-market
Category: Market Research Publishers and RetailersCompany about: We have a large database of quality and precise market research reports that will be very beneficial for your organization. Reports that we sell our authentic in nature and from reputed publishers, hence it can definitely help you with your growth opportunities. In order to survive the fierce competition and locate different avenues, one must be privy to high end and quality market information. So, we try and provide you with latest market information by getting high market research reports fro ...