Hernia Repair Devices Market By Product Type (Mesh Material, Hernia Fixation Devices, Endoscopy Equipment, Other Hernia Repair Devices), By Hernia Type (Inguinal Hernia, Femoral Hernia, Incisional Hernia, Ventral Hernia, Umbilical Hernia, Hiatal Hernia) - Growth, Future Prospects & Competitive Analysis, 2017 – 2025

Credence Research Inc. estimated the overall hernia repair devices market in 2016 to be US$ 2.08 Bn across the globe. In the recent years, following for tension-free hernia repair surgery is observed because the procedure minimizes recovery time, reduces post-operative complications and minimizes the risk of hernia recurrence. The global hernia repair devices market will grow during forecast period due to increasing number of target population, wide availability of technologically advanced hernia repair devices and growing treatment awareness among the general population.

The report titled “Hernia Repair Devices Market - Growth, Future Prospects and Competitive Analysis, 2017–2025” provides strategic insights into the hernia repair devices market. For the purpose of this study, market is categorized on the basis of product type, hernia type and geography. Based on product type, the market is segmented into mesh material, hernia fixation devices, endoscopy equipment and other. Demand for the mesh material (biologic hernia repair mesh and synthetic hernia repair mesh) is the highest in market as these products reduce the chance hernia recurrence. Based on major types of disease, market classified as inguinal, femoral, incisional, ventral, umbilical and hiatal hernia.

The global hernia repair devices market is geographically categorized for the following regional markets:

  • North America
    • United states
    • Canada
  • Europe
    • Germany
    • United Kingdom
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Rest of Middle East and Africa

Hernia repair devices market report covers quantitative information as well as qualitative information to provide better analysis of the current market situation and future scenario. In-depth information about market drivers, opportunities and challenges are included in report to understand the current trends in the global hernia repair devices market. Attractive investment proposition and market positioning of manufacturers provides detail information regarding the competitive situation of global hernia repair devices market.

Hernia Repair Devices Market

For the purpose of this study, the global hernia repair devices market is categorized into:  

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • Rest of Middle East and Africa

Hernia Repair Devices Market

Among the considered regions, North America is current leader in the global hernia repair devices market in terms of revenue and is expected to continue its dominance during the forecast period 2017-2025. The prominent position of North America market is supported by certain factors such as early adoption of novel technologies, higher cost of hernia repair devices, well developed healthcare infrastructure, wide availability of advanced hernia repair devices, and greater prevalence. Rise in funding by government agencies and third party organizations in healthcare system is an additional factor that assists the hernia repair devices market progress in the United States. Insurance companies such as Medicare, Medicaid or Cigna etc. cover hernia repair surgery in United States. Furthermore, it is estimated that Asia Pacific would experience a lucrative market growth over the forecast period 2017 to 2025 due to expansion of distribution network of key market players in developing countries such as China and India, growing number of target population, developing healthcare infrastructure, proliferating medical tourism and improving economic condition. It is studied that, hernia surgery cost is highest in the United States however, in developing countries such as India and Mexico hernia surgeries are performed at cheaper cost.

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Published Date:  Nov 2017
Category:  Medical Devices
Report ID:   58846
Report Format:   PDF
Pages:   120
Rating:    4.3 (40)
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