Hernia Repair Devicesl Market
PUBLISHED: 2020 ID: SMRC19768
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Hernia Repair Devicesl Market

Hernia Repair Devices - Global Market Outlook (2019-2027)

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4.9 (71 reviews)
Published: 2020 ID: SMRC19768

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Hernia Repair Devices Market is accounted for $5.50 billion in 2019 and is expected to reach $8.32 billion by 2027 growing at a CAGR of 5.3% during the forecast period. Rising incidence of hernia, availability of advanced surgical procedures and adoption of repair devices by physicians and surgeons are some of the factors propelling the growth of the market. However, reimbursement issues and low awareness about minimally invasive surgical procedures are hampering the growth of the market.

A hernia problem is characterized by the protrusion or projection of an organ through the abdomen wall which may prone to weakness. Various symptoms of a hernia include swelling or bulge in the groin or scrotum, increased pain at the site of the bulge, pain while lifting, increase in bulge size over time, and sense of feeling full or signs of bowel obstruction.

Based on the procedure/surgery type, the laparoscopy surgery segment is anticipated to hold considerable market share during the forecast period due to its features such as minimally invasive surgeries and minimal hospital stays and advent of robotic laparoscopy. By geography, Asia Pacific is expected to grow at a significant market share during the forecast period owing to the increasing medical tourism, affordable treatment, technological advancements, and rising healthcare reimbursements.

Some of the key players profiled in the Hernia Repair Devices Market include W.L. Gore & Associates, Olympus Corporation, Medtronic Plc, Insightra Medical, Inc, Herniamesh S. R. L., CooperSurgical Inc., Atrium, C.R Bard Inc, Becton, Dickinson and Company, Johnson & Johnson (Ethicon Inc.), B Braun Melsungen AG, Cook Medical, Allergan Plc (LifeCell Corporation), and Baxter International.     

Products Covered:
• Mesh & Patch
• Fixation Devices
• Endoscopy Instruments
• Polymeric and Prosthetic Mesh
• Surgical Instruments
• Other Products

Hernia Types Covered:
• Inguinal Hernia
• Ventral Hernia
• Umbilical Hernia
• Spigelian Hernia
• Incisional Hernia
• Hiatal Hernia
• Flank/Lumbar Hernia
• Femoral Hernia
• Epigastric Hernia   

Procedure/Surgery Types Covered:
• Open Tension Repair
• Laparoscopy Surgery
• Tension-free Repair
• Robotic Repair
• Abdominal Wall Reconstruction
• Brain Surgery 

Therapeutic Area Types Covered:
• Abdomen
• Upper Thigh
• Bellybutton
• Groin

Care Settings Covered:
• Out-Patient 
• In-Patient 

End Users Covered:
• Ambulatory Surgery Centres (ASCs) 
• Hospitals 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary          
            
2 Preface
          
 2.1 Abstract          
 2.2 Stake Holders         
 2.3 Research Scope         
 2.4 Research Methodology        
  2.4.1 Data Mining        
  2.4.2 Data Analysis        
  2.4.3 Data Validation        
  2.4.4 Research Approach        
 2.5 Research Sources         
  2.5.1 Primary Research Sources        
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions        
            
3 Market Trend Analysis         
 3.1 Introduction         
 3.2 Drivers          
 3.3 Restraints         
 3.4 Opportunities         
 3.5 Threats          
 3.6 Product Analysis         
 3.7 End User Analysis         
 3.8 Emerging Markets         
 3.9 Impact of Covid-19         
            
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry         
            
5 Global Hernia Repair Devices Market, By Product       
 5.1 Introduction         
 5.2 Mesh & Patch         
  5.2.1 Synthetic/Natural Mesh       
   5.2.1.1 Flat Mesh       
   5.2.1.2 3D Mesh        
  5.2.2 Biologic Mesh        
  5.2.3 Composite Mesh        
  5.2.4 Multifilament & Monofilament      
 5.3 Fixation Devices         
  5.3.1 Sutures         
  5.3.2 Staple         
  5.3.3 Tack Applicators        
   5.3.3.1 Non-absorbable Tack      
   5.3.3.2 Absorbable Tack       
  5.3.4 Glue Applicators        
  5.3.5 Anchor         
 5.4 Endoscopy Instruments        
  5.4.1 X-Ray         
  5.4.2 Electrocardiogram        
 5.5 Polymeric and Prosthetic Mesh       
 5.6 Surgical Instruments        
  5.6.1 Scissors         
  5.6.2 Needle Drivers        
  5.6.3 Graspers         
 5.7 Other Products         
  5.7.1 Irrigation Accessories       
  5.7.2 Implants         
  5.7.3 Access and Dissection Devices       
            
6 Global Hernia Repair Devices Market, By Hernia Type      
 6.1 Introduction         
 6.2 Inguinal Hernia         
  6.2.1 Direct Inguinal Hernia       
  6.2.2 Indirect Inguinal Hernia       
 6.3 Ventral Hernia         
 6.4 Umbilical Hernia         
 6.5 Spigelian Hernia         
 6.6 Incisional Hernia         
 6.7 Hiatal Hernia         
 6.8 Flank/Lumbar Hernia        
 6.9 Femoral Hernia         
 6.10 Epigastric Hernia         
            
7 Global Hernia Repair Devices Market, By Procedure/Surgery Type     
 7.1 Introduction         
 7.2 Open Tension Repair        
 7.3 Laparoscopy Surgery        
 7.4 Tension-free Repair         
 7.5 Robotic Repair         
 7.6 Abdominal Wall Reconstruction       
 7.7 Brain Surgery         
            
8 Global Hernia Repair Devices Market, By Therapeutic Area Type     
 8.1 Introduction         
 8.2 Abdomen         
 8.3 Upper Thigh         
 8.4 Bellybutton         
 8.5 Groin          
            
9 Global Hernia Repair Devices Market, By Care Setting      
 9.1 Introduction         
 9.2 Out-Patient         
 9.3 In-Patient          
            
10 Global Hernia Repair Devices Market, By End User       
 10.1 Introduction         
 10.2 Ambulatory Surgery Centres (ASCs)       
 10.3 Hospitals          
            
11 Global Hernia Repair Devices Market, By Geography      
 11.1 Introduction         
 11.2 North America         
  11.2.1 US         
  11.2.2 Canada         
  11.2.3 Mexico         
 11.3 Europe          
  11.3.1 Germany         
  11.3.2 UK         
  11.3.3 Italy         
  11.3.4 France         
  11.3.5 Spain         
  11.3.6 Rest of Europe        
 11.4 Asia Pacific         
  11.4.1 Japan         
  11.4.2 China         
  11.4.3 India         
  11.4.4 Australia         
  11.4.5 New Zealand        
  11.4.6 South Korea        
  11.4.7 Rest of Asia Pacific        
 11.5 South America         
  11.5.1 Argentina        
  11.5.2 Brazil         
  11.5.3 Chile         
  11.5.4 Rest of South America       
 11.6 Middle East & Africa        
  11.6.1 Saudi Arabia        
  11.6.2 UAE         
  11.6.3 Qatar         
  11.6.4 South Africa        
  11.6.5 Rest of Middle East & Africa       
            
12 Key Developments          
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures     
 12.2 Acquisitions & Mergers        
 12.3 New Product Launch        
 12.4 Expansions         
 12.5 Other Key Strategies        
            
13 Company Profiling          
 13.1 W.L. Gore & Associates        
 13.2 Olympus Corporation        
 13.3 Medtronic Plc         
 13.4 Insightra Medical, Inc        
 13.5 Herniamesh S. R. L.         
 13.6 CooperSurgical Inc.         
 13.7 Atrium          
 13.8 C.R Bard Inc         
 13.9 Becton, Dickinson and Company       
 13.10 Johnson & Johnson (Ethicon Inc.)       
 13.11 B Braun Melsungen AG        
 13.12 Cook Medical         
 13.13 Allergan Plc (LifeCell Corporation)       
 13.14 Baxter International   


List of Tables           
1 Global Hernia Repair Devices Market Outlook, By Region (2018-2027) ($MN)    
2 Global Hernia Repair Devices Market Outlook, By Product (2018-2027) ($MN)    
3 Global Hernia Repair Devices Market Outlook, By Mesh & Patch (2018-2027) ($MN)    
4 Global Hernia Repair Devices Market Outlook, By Synthetic/Natural Mesh (2018-2027) ($MN)   
5 Global Hernia Repair Devices Market Outlook, By Biologic Mesh (2018-2027) ($MN)    
6 Global Hernia Repair Devices Market Outlook, By Composite Mesh (2018-2027) ($MN)   
7 Global Hernia Repair Devices Market Outlook, By Multifilament & Monofilament (2018-2027) ($MN)  
8 Global Hernia Repair Devices Market Outlook, By Fixation Devices (2018-2027) ($MN)   
9 Global Hernia Repair Devices Market Outlook, By Sutures (2018-2027) ($MN)    
10 Global Hernia Repair Devices Market Outlook, By Staple (2018-2027) ($MN)    
11 Global Hernia Repair Devices Market Outlook, By Tack Applicators (2018-2027) ($MN)   
12 Global Hernia Repair Devices Market Outlook, By Glue Applicators (2018-2027) ($MN)   
13 Global Hernia Repair Devices Market Outlook, By Anchor (2018-2027) ($MN)    
14 Global Hernia Repair Devices Market Outlook, By Endoscopy Instruments (2018-2027) ($MN)   
15 Global Hernia Repair Devices Market Outlook, By X-Ray (2018-2027) ($MN)    
16 Global Hernia Repair Devices Market Outlook, By Electrocardiogram (2018-2027) ($MN)   
17 Global Hernia Repair Devices Market Outlook, By Polymeric and Prosthetic Mesh (2018-2027) ($MN)  
18 Global Hernia Repair Devices Market Outlook, By Surgical Instruments (2018-2027) ($MN)   
19 Global Hernia Repair Devices Market Outlook, By Scissors (2018-2027) ($MN)    
20 Global Hernia Repair Devices Market Outlook, By Needle Drivers (2018-2027) ($MN)   
21 Global Hernia Repair Devices Market Outlook, By Graspers (2018-2027) ($MN)    
22 Global Hernia Repair Devices Market Outlook, By Other Products (2018-2027) ($MN)   
23 Global Hernia Repair Devices Market Outlook, By Irrigation Accessories (2018-2027) ($MN)   
24 Global Hernia Repair Devices Market Outlook, By Implants (2018-2027) ($MN)    
25 Global Hernia Repair Devices Market Outlook, By Access and Dissection Devices (2018-2027) ($MN)  
26 Global Hernia Repair Devices Market Outlook, By Hernia Type (2018-2027) ($MN)    
27 Global Hernia Repair Devices Market Outlook, By Inguinal Hernia (2018-2027) ($MN)   
28 Global Hernia Repair Devices Market Outlook, By Direct Inguinal Hernia (2018-2027) ($MN)   
29 Global Hernia Repair Devices Market Outlook, By Indirect Inguinal Hernia (2018-2027) ($MN)   
30 Global Hernia Repair Devices Market Outlook, By Ventral Hernia (2018-2027) ($MN)   
31 Global Hernia Repair Devices Market Outlook, By Umbilical Hernia (2018-2027) ($MN)   
32 Global Hernia Repair Devices Market Outlook, By Spigelian Hernia (2018-2027) ($MN)   
33 Global Hernia Repair Devices Market Outlook, By Incisional Hernia (2018-2027) ($MN)   
34 Global Hernia Repair Devices Market Outlook, By Hiatal Hernia (2018-2027) ($MN)    
35 Global Hernia Repair Devices Market Outlook, By Flank/Lumbar Hernia (2018-2027) ($MN)   
36 Global Hernia Repair Devices Market Outlook, By Femoral Hernia (2018-2027) ($MN)   
37 Global Hernia Repair Devices Market Outlook, By Epigastric Hernia (2018-2027) ($MN)   
38 Global Hernia Repair Devices Market Outlook, By Procedure/Surgery Type (2018-2027) ($MN)   
39 Global Hernia Repair Devices Market Outlook, By Open Tension Repair (2018-2027) ($MN)   
40 Global Hernia Repair Devices Market Outlook, By Laparoscopy Surgery (2018-2027) ($MN)   
41 Global Hernia Repair Devices Market Outlook, By Tension-free Repair (2018-2027) ($MN)   
42 Global Hernia Repair Devices Market Outlook, By Robotic Repair (2018-2027) ($MN)   
43 Global Hernia Repair Devices Market Outlook, By Abdominal Wall Reconstruction (2018-2027) ($MN)  
44 Global Hernia Repair Devices Market Outlook, By Brain Surgery (2018-2027) ($MN)    
45 Global Hernia Repair Devices Market Outlook, By Therapeutic Area Type (2018-2027) ($MN)   
46 Global Hernia Repair Devices Market Outlook, By Abdomen (2018-2027) ($MN)    
47 Global Hernia Repair Devices Market Outlook, By Upper Thigh (2018-2027) ($MN)    
48 Global Hernia Repair Devices Market Outlook, By Bellybutton (2018-2027) ($MN)    
49 Global Hernia Repair Devices Market Outlook, By Groin (2018-2027) ($MN)    
50 Global Hernia Repair Devices Market Outlook, By Care Setting (2018-2027) ($MN)    
51 Global Hernia Repair Devices Market Outlook, By Out-Patient (2018-2027) ($MN)    
52 Global Hernia Repair Devices Market Outlook, By In-Patient (2018-2027) ($MN)    
53 Global Hernia Repair Devices Market Outlook, By End User (2018-2027) ($MN)    
54 Global Hernia Repair Devices Market Outlook, By Ambulatory Surgery Centres (ASCs) (2018-2027) ($MN) 
55 Global Hernia Repair Devices Market Outlook, By Hospitals (2018-2027) ($MN)    
            
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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