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Hernia Repair Devices and Consumables Market Explore Future Growth 2017-2025 by Global Top Players - C. R. Bard, Inc., Baxter International, Medtronic Inc., B Braun Melsungen AG, W.L. Gore & Associates Inc., Cooper Surgicals Inc., and Ethicon Inc.

09-10-2018 04:35 PM CET | Health & Medicine

Press release from: CMI - Medical Devices

Hernia Repair Devices and Consumables Market

Hernia Repair Devices and Consumables Market

A Hernia is bulging of an organ or tissue through an abnormal opening. It occurs when an organ or any other body part protrudes through the wall of tissue or muscle. The organs that bulges out from the body is usually abdominal fatty tissue or intestinal portions, which are present in the thin membrane that lines the inside cavity. Symptoms of a hernia can be observed during certain activities such as resting and running or walking. The common types of abdominal wall hernias include an Inguinal hernia, Femoral hernia, Umbilical hernia, Incisional hernia, Spigelian hernia, Obturator hernia, Epigastric hernia, Hiatal hernia, and diaphragmatic hernia. Most of the hernias are not severe, some of them require surgical removal of outgrowth to prevent further complications. There are three types of treatment options for a hernia, which include medication, surgery, and change in lifestyle.

Advances in hernia repair devise is expected to augment the hernia repair and consumables market, which includes laparoscopic and open or tension surgery. Laparoscopic surgery has revolutionized the hernia repair devices and consumables market to the new advanced level. Laparoscopic surgery is a minimally invasive surgery, which can be operated with low risk allowing fast recovery of the patient.

The global Hernia Repair Devices and Consumables Market was valued at US$ 5,776.9 million in 2016 and is expected to witness a robust CAGR of 6.8% during the forecast period (2017-2025).

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Increase in incidence of hernia is expected to favor the growth of hernia repair device and consumables market

North America accounts for the largest share of the global hernia repair device and consumables market followed by Europe and Asia Pacific. This is mainly attributed to the increase in the prevalence of hernia disease. According to the data published in Journal of the Royal Society of Medicine in 2011, per year approximately 700,000 hernia repairs were carried out in the U.S., and over 100,000 in the U.K. According to the British Hernia Centre (BHC), Inguinal hernia bladder, where intestine protrudes through the abdominal wall occurs most commonly in men due to their natural weakness and make up about 70% of all the hernias.

According to the National Health Insurance Database in 2015, an overall incidence of 18.23% per 1000 person and the surgical compilation rates ranged between 0.16% and 2.57% in Asia Pacific region. According to The Surgeons OverSeas Assessment of Surgical need (SOSAS) survey in 2015, the prevalence of inguinal hernias in 50 Ghanaian villages was found to be 10 times higher than in high-income countries at 2.7% of the adult male population. According to the data published in Advances in Research Journal in 2015, the estimates are higher from 7.7% in Ghana to over 30% of adult males in parts of Tanzania.

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Table of Contents

1. Research Objective and assumption
Research Objectives
Assumptions
Abbreviations
2. Market Overview
Market Definition and Scope
Market Snippet By Product Type
Market Snippet By Repair Type
Market Snippet By Hernia Type
Market Snippet By Region
Report Description
Executive Summary
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Drivers
Restraints
Market Opportunities
Market Dynamics
Market Trends
PEST Analysis
4. Global Hernia Repair Devices and Consumables Market, By Product Type, 2015 - 2025 (USD Million)
5. Global Hernia Repair Devices and Consumables Market, By Repair Type, 2015 - 2025 (USD Million)
6. Global Hernia Repair Devices and Consumables Market, By Hernia Type, 2015 - 2025 (USD Million)
7. Global Hernia Repair Devices and Consumables Market, By Regions, 2015 - 2025 (USD Million)
8. Competitive Landscape
9. Section

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