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.
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Hernia Repair Devices and Consumables Market is Expected to Reach $6.1 Billion, Globally, by 2020
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Repair Devices and
Consumables Market
Opportunities and Forecasts,
2013 – 2022
2. 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-devices-
market
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 - Introduction
3. 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
4. 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
6. Hernia Repair Devices & Consumables Market - U.S.
Patent Analysis by Market Participants
7. 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 – Key Findings
8. 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
9. Hernia Repair Devices & Consumables Marke By
Geography
North America, Europe, Asia Pacific, LAMEA
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