Press release
Hernia Repair Market Revenue is expected to reach USD 8.5 Billion by 2022
Competitive Analysis:
Some of the key players in this market are:
• ABISS
• A.M.I. GmbH
• Angiologica B.M.
• Aspide Medical
• Atrium Medical Corporation
• B. Braun Melsungen AG
• Baxter Internationals
• C. R. Bard, Inc. (Davol Inc)
• COOK MEDICAL INC.
• Cousin Biotech
• Covidien (Medtronic)
• Ethicon
• Integra LifeSciences Corporation
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Market Segments:
Hernia Repair market has been segmented
• on the basis of Hernia Type which comprises inguinal hernia, femoral hernia, umbilical hernia, incisional hernia, epigastric hernia, hiatal hernia
• On the basis of Product, the market is segmented into devices, consumables, others. Consumables are further divided into synthetic material and biological material
• On the basis of Surgery Type, market is segmented into open hernia surgery, laparoscopy
Market Highlight:
Hernia is a protrusion of an organ through a weak spot in the surrounding connective tissue called as a fascia. There are several types of hernia among which the most common are inguinal, incisional, and femoral. Hernia can be caused due to anything that causes an increase in pressure in the abdomen. There are some major factors in the advancements in the hernia repair such as transition into tension-free technique that incorporates the use of flat sheets of mesh instead of sutures, adoption of large pore meshes, and the adoption of laparoscopic surgeries instead of conventional open technique. Globally, the market is growing steadily and it is anticipated to show an exponential growth reaching approximately $8.5 Billion in 2022.
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Study Objectives of Hernia Repair Market:
• To provide detail analysis of the market structure along with forecast for the next 7 years of the various segments and sub-segments of the hernia repair market
• To provide insights about factors affecting the market growth
• To analyze the market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by hernia type, by product, by surgery type and its sub-segments.
Intended Audience
• Hernia Repair manufacturers and suppliers
• Contract Research Organizations (CROs)
• Research and Development (R&D) Companies
• Government & Independent Research Laboratories
• Government and Independent Regulatory Authorities
• Market Research and Consulting Service Providers
• Academic Institutes and Universities
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Regional Analysis of Hernia Repair Market
Considering the global scenario of the market, America is believed to be the largest market for Hernia Repair. Moreover the European market is also growing continuously and slowly catching up with the American market. On the other hand, Asia-Pacific market is expected to grow at the fastest pace in the Hernia Repair segment during the forecasted period. Middle East & Africa region are likely to have a limited but steady growth in the market.
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Akash Anand,
Market Research Future
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