The Hernia repair devices global market is expected to grow
at a single digit CAGR from 2015 to 2022. Hernia is a health condition, where
internal organs or tissues pushes through a weak or damaged tissue and cause
mild to severe pain, it might happen anywhere in the body but is most common in
the abdominal region. There are different types of hernias such as inguinal,
incisional, umbilical and other types of hernias depending on its location.
Surgery is the gold standard treatment for a hernia especially the open surgery
through a large incision or a laparoscopic surgery through a tiny incision,
with a camera attached to a video monitor is used to repair. Nowadays, robotic
surgical techniques are also being used to repair hernia.
Hernia repair devices are medical devices that are used for
the treatment of hernia. An increasing number of patients suffering from
obesity, the rise in aging population, rising adoption of tension free repair
procedures and increasing demand for minimally invasive procedures, are driving
the growth of hernia repair devices global market. However, Inconsistent
reimbursement and the high cost of hernia repair procedure, High implementation
cost and regulations posed on robotic surgery, operation failure and recurrence
of hernia in obese and Geriatric patients and also the risks and complications
associated with hernia repair surgery and mesh are negatively influencing the
expansion of hernia repair devices global market.
Technological advancements such as improvements in meshes
including Self-Fixating (gripping) Mesh and the articulating fixation devices
are designed to overcome the issues facing from the laparoscopic procedure and
also helps surgeons with greater access to weak spots within the abdominal wall
and enable them to more securely tack mesh into exact place. Furthermore,
drug-eluting hernia meshes, which reduce the chances of infection rate due to
its antimicrobial activity, are the new advancements in this market. Continuous
technological progress in Minimally-Invasive procedures such as laparoscopic
surgery is becoming popular globally due to their better clinical outcomes than
open surgical procedures. In addition, the adoption of robotic-assisted
surgical technique in hernia repairs is becoming popular as it can offer a low
rate of hernia recurrence, low pain, and fewer hospital stays compared to the
other procedures. Hence, all these factors are hindering the growth of hernia
repair devices market globally.
The Hernia repair devices global market is segmented based
on hernia types, products, repair types, and geography. The hernia types are segmented
into Incisional, Inguinal, Umbilical and other types, based on the product
types into fixation devices, meshes and other products. The meshes are further
sub-segmented into synthetic meshes and biological meshes. Further, synthetic
meshes are classified into absorbable and non-absorbable meshes. Based on the
types of repair procedure into Tension repair, open-tension repair,
laparoscopic tension free repair and robotic assisted hernia repair types and
the geographically market is divided into North America, Europe, Asia-Pacific
and Rest of the world.
North America accounted for the largest market share in 2015
for hernia repair devices market followed by European region. Asia-Pacific
region is expected to grow at the highest CAGR from 2015 to 2022. This is
mainly due to the steep rise in ageing population, an increase in minimally
invasive surgeries and favourable government policies makes North America the
leader of the Hernia repair devices global market. However, Asian countries
especially Japan and China’s are the fast growing regions with its growing
demand for Hernia repair devices. In addition, increasing prevalence of hernia
is more in developing countries compared to developed countries, is mainly due
to the undiagnosed and untreated hernia cases which will further increase the
growth and development of hernia repair devices market.
The major companies involved in hernia repair devices are C.
R. Bard, Inc., (U.S.), Medtronic (Ireland), J&J (Ethicon) (U.S.), Acelity
L.P. Inc., (U.S.). Insightra Medical (U.S.), B. Braun Melsungen AG, (Germany),
Cook Medical, Inc., (U.S.), Aspide Medical (France), W. L. Gore. (U.S.), Etc.
The report provides an in-depth market analysis of the
above-mentioned segments across the following regions:
- North America
- Europe
- Asia-Pacific
- Rest of the World (RoW)
Spanning over 315 pages “Hernia Repair Devices
Global Market - Forecast to 2022” report covers Executive Summary,
Introduction, Market Overview, Hernia Repair Devices Market, By Hernia Type,
Hernia Repair Devices Market, By Product Type, Hernia Repair Devices
Market, By Repair Type, Hernia Repair
Devices Market, By Region, Competitive Landscape, Major Companies. This Report
Covered 63 Companies Few Are - Acelity L.P. Inc., Aspide Medical, B.Braun
Melsungen Ag, C.R.Bard Inc., Cook Medical Inc., Getinge Ab, Insightra Medical
Inc., Johnson & Johnson (Ethicon Inc.), Medtronic, Plc., W.L. Gore &
Associates Inc.
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