Global Hernia Repair Devices and Consumables Market 2016 Trends, Analysis, Outlook, Shares, Forecasts and Study

A hernia is a type of disease in which the inner layers of abdominal muscle become weakened and the lining of the abdomen then bulges out into a small sac. Hernias can occur in several places, such as the navel (umbilical hernia), groin (inguinal hernia), and at the incision site of surgery (post-surgery hernia). Hernia can be treated in two ways, i.e. watchful waiting and surgical procedures. The surgical procedures involves two approach, namely, open tension-free repair surgery and laparoscopy. These surgeries are performed using mesh, made-up of biological or synthetic material with the help fixation devices. Owing to afore mention factors the global hernia repair devices and consumables market was valued at $3.9 billion in 2013.

Check complete report @

http://www.marketintelreports.com/report/allied0123/global-hernia-repair-devices-and-consumables-market-product-types-hernia-type-surgeries-type-and-geography–size-share-global-trends-company-profiles-demand-insights-analysis-research-report-opportunities-segmentation-and-forecast-2013–2020

 The market is segmented based on the product types- devices (fixation devices) and consumables (mesh, tacks and staples). Currently, the consumables constitute to the largest market share of about 87% of the global hernia repair devices and consumables market and would likely to grow at faster rate in the near future. 

The market is also segmented based on the types of hernia, namely, incisional hernia, inguinal hernia, umbilical hernia, femoral hernia and other hernia (hiatal hernia and epigastric hernia). Inguinal hernia is the most common type of hernia accounting for ~75% of the total market. About 20 million inguinal surgeries are performed annually across the globe and the number would eventually increase in coming years. Moreover, the number incisional hernia patients are likely to increase due to the increasing cases of post-surgical complication. Owing to afore mention factor, the incisional hernia is the fastest growing segment among the other types of hernia registering a CAGR of 8.6% during the forecast period.

Geographically, the hernia repair devices and consumable market is segmented into North America, Europe, Asia-Pacific and LAMEA. North America holds the largest market share followed by Europe. Presence of large obese population, changing lifestyle, early adoption of technologically advanced products and increase incidences of hernia in these region are driving the growth of the hernia repair devices and consumable market. The key player includes, Medtronic (Covidien), Ethicon (Johnson and Johnson), Davol (C R Bard), Cooper Surgicals, Cook Medicals, LifeCell Corporation, Insightra medical, B Braun Melsungen, W. L. Gore Inc., and Baxter Inc. KEY BENEFITS

Competitive landscape of the global hernia repair devices and consumables market helps to understand strategies adopted by various companies for growth
Comprehensive analysis of factors that drive and restrict growth of the hernia repair devices and consumables market is provided. For example, rising number of hernia patients drives the global hernia repair devices and consumables market; however, unfavorable reimbursement policies are likely to be a restraint of the market
Market conditions of global hernia repair devices and consumables across all geographic regions are comprehensively analyzed. Development of technologically advanced products such as absorbable and non-absorbable meshes and devices, and synthetic and biological meshes are tracked
Porter’s Five Forces model gives an in-depth analysis of the bargaining power of buyers and suppliers, threats of new entrants and substitutes and competition amongst the key market players
 

MARKET SEGMENTATION
The hernia repair devices and consumables market is segmented based on product types and geography. 

MARKET BY PRODUCT TYPE
Devices
Consumables 
Mesh
Synthetic material
Absorbable
Non-absorbable
Biological Material
 

MARKET BY HERNIA TYPE
Incisional hernia
Inguinal hernia
Femoral hernia 
Umbilical hernia
Others
 

MAREKT BY SURGERY TYPE
Open tension-free repair 
Laparoscopic surgery
 

MARKET BY GEOGRAPHY
North America 
Europe 
Asia-Pacific
LAMEA

Order a copy of Report @  http://www.marketintelreports.com/purchase.php?id=allied0123

About us:

MarketIntelReports (MIR) aim to empower our clients to successfully manage and outperform in their business decisions, we do this by providing Premium Market Intelligence, Strategic Insights and Databases from a range of Global Publishers.

A group of industry veterans who are well experienced in reputed international consulting firms after identifying the sourcing needs of MNCs for market intelligence, have together started this business savior MarketIntelReports.

MIR intends to be a one-stop shop with an intuitive design, exhaustive database, expert assistance, secure cart checkout and data privacy integrated. It curates the list of reports, publishers and studies to ensure that the database is constantly updated to dynamically meet the targeted, specific needs of our clients.

MarketIntelReports currently has more than 10,000 plus titles and 35+ publishers on our platform and growing consistently to fill the “Global Intelligence Demand – Supply Gap”. We cover more than 15 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Building & Construction, Agriculture, Food & Beverages, Banking & Finance, Media and Government, Public Sector Studies.

Contact us:

Mayur S.
Sales Manager

2711 Centerville Road, Suite 400,
Wilmington,
Delaware,
19808United States
www.marketintelreports.com

[email protected]
Telephone: 1-302-261-5343