Press release
Hernia Repair Market is Expected to Cross 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, and others.
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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.
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
Office No. 528, Amanora Chambers
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