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Hernia Repair Devicesl Market

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

4.9 (71 reviews)
Published: August 2020 ID: SMRC19768
4.9 (71 reviews)
Published: August 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

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