Hernia Repair Devices Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019
Hernia
is referred to the bulging of whole or a part of an internal organ or tissue
through the defect in the supporting structures that normally contains it.
Hernia can occur in abdomen, brain, diaphragm, groin or any other site
previously operated due to various causes including intense weight lifting,
injury to the abdomen, and wrong posture. Different kinds of hernia require a
specific management or treatment. Surgical operations using different
approaches such as herniorrhaphy, hernioplasty, and herniotomy are recommended
for repair or correction of hernia.
To
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The
global hernia repair devices market is categorized on the basis of:
- Product type
- Biologic materials
- Surgical equipment, fixation equipment
- Surgical equipment, endoscopes
- Polymer and prosthetic mesh
Procedure
type
- Tension repair
- Open tension-free repair
- Laparoscopic tension-free repair
- Other tension-free methods
Currently,
Europe dominates the global hernia repair devices market and is followed by
North America due to rapid growth in the international markets. Emerging
countries of Asia, Middle East and Latin America are also expected to show rapid
growth in this market due to worldwide increase in the graying population.
Some
of the major factors driving the growth of hernia repair devices market include
new product innovations, reduced pain and lesser complications, increase in
obesity epidemic, growing population and increasing awareness for adoption of
laparoscopic procedures. Surge in demand for advanced biologic allograft meshes
is further propelling the hernia repair devices market. However, dicey
reimbursement policies may pose a challenge to the growth of hernia repair
devices.
Some
of the key players contributing to the hernia repair devices market include
Biomerix Corporation, ConMed Corporation, Covidien PLC, CooperSurgical, Inc.,
Karl Stroz GMbH, Olympus Corporation, Stryker Corporation, Synovis Life
Technologies, Inc. and W.L. Gore & Associates, Inc.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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- It provides a technological growth map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
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