Press release
Hernia Repair Devices and Consumables Market | B. Braun Melsungen AG, Baxter International Inc, C.R. Bard, W. L. Gore & Associates Inc, LifeCell Corporation, Herniamesh S. R. L, Medtronic Plc, Ethicon Inc, Cook Medical Inc, Cooper Surgicals Inc.
A new market research report on the Global Hernia Repair Devices and Consumables market has introduced by KD Market Insights. The report is dedicated to in-depth industry analysis of the global Hernia Repair Devices and Consumables market. The Global Hernia Repair Devices and Consumables Market analysis is broken down on different segmentation levels including Market By Product, By Surgery Type, By Hernia Type.The global hernia repair devices and consumables market was valued at $4,156 million in 2016, and is projected to reach $5,554 million at a CAGR of 4.2% from 2017 to 2023. The major factors that contribute towards the growth of the hernia repair devices and consumables market include high acceptance of tension-free repair procedures, surge in demand for advanced mesh, increase in adoption of robotic surgeries, and rise in prevalence of hernia. However, high cost of hernia repair surgeries and inconsistent reimbursement policies hamper the market growth. Conversely, the development of novel products by key vendors such as biological mesh and high market potential in untapped emerging economies are expected to provide lucrative growth opportunities for the market.
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The hernia repair devices and consumables market is segmented on the basis of product, surgery type, hernia type, and region. Based on product, the market is bifurcated into fixation devices and consumables. Fixation devices are further segmented into tack and other fixation devices where tack segment is sub segmented into absorbable tack and non-absorbable tack. Consumables segment comprises mesh, which is further classified into synthetic material mesh and biological material mesh. Synthetic material mesh is of two types, namely, absorbable mesh and non-absorbable mesh. On the basis of surgery type, it is categorized into open tension-free repair and laparoscopic surgeries. By hernia type, the market is fragmented into incisional hernia, umbilical hernia, inguinal hernia, femoral hernia, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global hernia repair devices and consumables market with current trends and future estimations from 2016 to 2023 to elucidate the imminent investment pockets.
- Comprehensive analysis of factors that drive and restrict the market growth is provided.
- Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a global & regional scale are provided.
- Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the market.
Key Market Segments
By Product
- Fixation Devices
- - Tack
- - - Absorbable Tack
- - - Non-absorbable Tack
-- Other Fixation Devices
- Consumables
- - Mesh
- - - Synthetic Material Mesh
- - - - Absorbable Mesh
- - - - Non-absorbable Mesh
- - - Biological Material Mesh
By Surgery Type
- Open Tension-free Repair Surgery
- Laparoscopic Surgery
By Hernia Type
- Incisional Hernia
- Umbilical Hernia
- Inguinal Hernia
- Femoral Hernia
- Others
By Region
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
- B. Braun Melsungen AG
- Baxter International Inc.
- C.R. Bard
- W. L. Gore & Associates, Inc.
- LifeCell Corporation
- Herniamesh S. R. L.
- Medtronic Plc.
- Ethicon, Inc.
- Cook Medical Inc.
- Cooper Surgicals Inc.
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Table of Content
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.3.1. By Product
1.3.2. By Surgery Type
1.3.3. By Hernia Type
1.3.4. By Region
1.3.5. List of key players profiled in the report
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.2.2.1. Top winning strategies, by year, 2014-2017*
3.2.2.2. Top winning strategies, by development, 2014-2017* (%)
3.2.2.3. Top winning strategies, by company, 2014-2017*
3.3. Government regulations
3.3.1. Hernia repair devices regulation in the U.S. and Europe
3.3.2. Reimbursement scenario
3.4. Porters five forces analysis
3.4.1. Bargaining power of buyers (moderately high)
3.4.2. Bargaining power of suppliers (low)
3.4.3. Threat of new entrants (high)
3.4.4. Threat of substitutes (low)
3.4.5. Competitive rivalry (intense)
3.5. Clinical trials
3.6. Patent analysis
3.6.1. Patent analysis, by geography (2011-2017)
3.6.2. Patent analysis, by year
3.6.3. Year 2014 patent analysis, by country
3.7. Top player positioning
3.8. Market dynamics
3.8.1. Drivers
3.8.1.1. Higher acceptance of tension-free repair procedures
3.8.1.2. Increase in demand for advanced meshes
3.8.1.3. Rise in adoption of robotic surgeries
3.8.1.4. High prevalence of hernia
3.8.2. Restraints
3.8.2.1. High cost of hernia repair surgeries
3.8.2.2. Inconsistent reimbursement policies
3.8.3. Opportunities
3.8.3.1. Technological advancements in hernia repair devices
3.8.3.2. Opportunities in emerging economies
3.8.4. Impact analyses
CHAPTER 4: HERNIA REPAIR DEVICES AND CONSUMABLES MARKET, BY PRODUCT
4.1. Overview
4.1.1. Market size and forecast
4.2. Fixation devices
4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast, by type
4.2.3.1. Tack (mesh fixation devices)
4.2.3.1.1. Market size and forecast, by type
4.2.3.1.1.1. Absorbable tack
4.2.3.1.1.2. Market size and forecast, by region
4.2.3.1.1.3. Non-absorbable tack
4.2.3.1.1.4. Market size and forecast, by region
4.2.3.1.2. Market size and forecast, by region
4.2.3.2. Other fixation devices
4.2.3.2.1. Market size and forecast, by region
4.2.4. Market size and forecast, by region
4.2.5. Market size and forecast, by country
4.3. Consumables
4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Mesh
4.3.3.1. Market size and forecast, by type
4.3.3.1.1. Synthetic material
4.3.3.1.1.1. Market size and forecast, by type
4.3.3.1.1.2. Absorbable mesh
4.3.3.1.1.3. Market size and forecast, by region
4.3.3.1.1.4. Non-absorbable mesh
4.3.3.1.1.5. Market size and forecast, by region
4.3.3.1.1.6. Market size and forecast, by region
4.3.3.1.2. Biological material
4.3.3.1.2.1. Market size and forecast, by region
4.3.4. Market size and forecast, by region
4.3.5. Market size and forecast, by country
CHAPTER 5: HERNIA REPAIR DEVICES AND CONSUMABLES MARKET, BY SURGERY TYPE
5.1. Overview
5.1.1. Market size and forecast (value)
5.1.2. Market size and forecast (volume)
5.2. Open tension-free repair surgery
5.2.1. Market size and forecast, by region (value)
5.2.2. Market size and forecast, by country (value)
5.2.3. Market size and forecast, by region (volume)
5.2.4. Market size and forecast, by country (volume)
5.3. Laparoscopic surgery
5.3.1. Market size and forecast, by region (value)
5.3.2. Market size and forecast, by country (value)
5.3.3. Market size and forecast, by region (volume)
5.3.4. Market size and forecast, by country (volume)
CHAPTER 6: HERNIA REPAIR DEVICES AND CONSUMABLES MARKET, BY HERNIA TYPE
6.1. Overview
6.1.1. Market size and forecast
6.2. Incisional hernia
6.2.1. Market size and forecast, by region
6.2.2. Market size and forecast, by country
6.3. Umbilical hernia
6.3.1. Market size and forecast, by region
6.3.2. Market size and forecast, by country
6.4. Inguinal hernia
6.4.1. Market size and forecast, by region
6.4.2. Market size and forecast, by country
6.5. Femoral hernia
6.5.1. Market size and forecast, by region
6.5.2. Market size and forecast, by country
6.6. Other hernia
6.6.1. Market size and forecast, by region
6.6.2. Market size and forecast, by country
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