Global Hernia Repair Devices and Consumables Market by Product Type (Fixation Device, Consumables, Surgical Instrument, and Endoscopy Equipment), Surgery Type (Tension Repair, Tension Free Repair, and Laparoscopy), and Hernia Type (Incisional Hernia, Umbilical Hernia, Inguinal Hernia, and Femoral Hernia) - Industry Insights, Trends, and Forecast, 2017-25
- Report code : CMI4226 |
- Industry : Medical Devices |
- Published On : Sep 2017 |
- Pages : 185 Pages |
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Hernia Repair Devices and Consumables Market
A Hernia is bulging of an organ or tissue through an abnormal opening. It occurs when an organ or any other body part protrudes through the wall of tissue or muscle. The organs that bulges out from the body is usually abdominal fatty tissue or intestinal portions, which are present in the thin membrane that lines the inside cavity. Symptoms of a hernia can be observed during certain activities such as resting and running or walking. The common types of abdominal wall hernias include an Inguinal hernia, Femoral hernia, Umbilical hernia, Incisional hernia, Spigelian hernia, Obturator hernia, Epigastric hernia, Hiatal hernia, and diaphragmatic hernia. Most of the hernias are not severe, some of them require surgical removal of outgrowth to prevent further complications. There are three types of treatment options for a hernia, which include medication, surgery, and change in lifestyle.
Advances in hernia repair devise is expected to augment the hernia repair and consumables market, which includes laparoscopic and open or tension surgery. Laparoscopic surgery has revolutionized the hernia repair devices and consumables market to the new advanced level. Laparoscopic surgery is a minimally invasive surgery, which can be operated with low risk allowing fast recovery of the patient.
The global Hernia Repair Devices and Consumables Market was valued at US$ 5,777.5 million in 2016 and is expected to witness a robust CAGR of 6.8% during the forecast period (2017-2025).
Hernia Repair Devices and Consumables Market Valued US$ Million - 2017
Source - Coherent Market Insights 2017
Increase in incidence of hernia is expected to favor the growth of hernia repair device and consumables market
North America accounts for the largest share of the global hernia repair device and consumables market followed by Europe and Asia Pacific. This is mainly attributed to the increase in the prevalence of hernia disease. According to the data published in Journal of the Royal Society of Medicine in 2011, per year approximately 700,000 hernia repairs were carried out in the U.S., and over 100,000 in the U.K. According to the British Hernia Centre (BHC), Inguinal hernia bladder, where intestine protrudes through the abdominal wall occurs most commonly in men due to their natural weakness and make up about 70% of all the hernias.
According to the National Health Insurance Database in 2015, an overall incidence of 18.23% per 1000 person and the surgical compilation rates ranged between 0.16% and 2.57% in Asia Pacific region. According to The Surgeons OverSeas Assessment of Surgical need (SOSAS) survey in 2015, the prevalence of inguinal hernias in 50 Ghanaian villages was found to be 10 times higher than in high-income countries at 2.7% of the adult male population. According to the data published in Advances in Research Journal in 2015, the estimates are higher from 7.7% in Ghana to over 30% of adult males in parts of Tanzania.
Increase in number of awareness campaigns by NGOs is expected to fuel the hernia repair device and consumables market in near future
In 2017, Congenital Diaphragmatic Hernia Awareness programs were conducted by CHERUBS Organization, wherein the organization invited people to participate in 19th annual celebrations of the International Day of Congenital Diaphragmatic Hernia Awareness through the march in Parades of Cherubs. In May 2017, Wright State Physicians Surgery organized a hernia awareness seminar at Miami Valley Hospital, which was open to the public.
Some major players operating in the hernia repair device and consumables market include C. R. Bard, Inc., Baxter International, Medtronic Inc., B Braun Melsungen AG, W.L. Gore & Associates Inc., Cooper Surgicals Inc., and Ethicon Inc.
There are two most popular methods for the hernia surgery, which are open tension free and laparoscopic surgery. Advancement in this surgery method is expected to boost the hernia repair devices market. Mesh is used to provide additional support to weak or damaged tissue and majority of surgical mesh are made up of synthetic materials or animal tissue. Advancement in the mesh type with both synthetic and biological mesh is expected to favor the hernia repair devices and consumables market. The advancement in fixation device results in reduced the chronic pain as it decreases the recurrence of hernia. Advanced fixation devices include non-absorbable tacks, absorbable tacks, and tissue glue. Medical Surgery Technologies Ltd. launched AutoLap in 2016 SAGES Annual Meeting. The AutoLap interacts with the surgeon’s movements and gestures to offer a real time images.
Increased adoption of laparoscopic surgery is also improving the position of the manufacturers. Olympus Medical Systems Corp. announced the launch of 3D laparoscopy system in April 2013, which is capable of representing three dimensional images of the internal body organs during the surgery with the world’s first deflectable tip.
Market Dynamics
New kind of approach with unique hybrid technology for mesh is expected to boost the hernia repair devices and consumables market. Mesh is available in various measurement and can often be cut to size depending on the repair technique or the size of hernia. It is placed either over the defected area in abdominal wall or bellow it, which can held in the place with few sutures. In December 2015, Gore launched a unique biomaterial for the complex ventral hernia repair GORE SYNECOR, which comprised three materials GORE BIO-A Web, a tissue building scaffold Macroporous knit Non-porous PGA0TMC film, which minimizes tissue attachment to the material at visceral side. Biologic Mesh is also expected to augment the hernia repair devices and consumables, owing to its degradable property.
Market Taxonomy
This report segments the global hernia repair devices and consumables for the medical sector market, on the basis of product type, surgery type, hernia type, and region. On the basis of product, the global hernia repair devices and consumables market is classified into fixation device, surgical instrument, and endoscopy equipment. The fixation device is further segmented into consumables, mesh, and others. Mesh is also categorized into synthetic and biologic. On the basis of surgery type, the global hernia repair devices and consumables market is classified into tension repair, tension free repair and laparoscopy. On basis of hernia type the hernia repair devices and consumables are segmented as incisional hernia, umbilical hernia, inguinal hernia, and femoral hernia.
Key features of the study:
- This report provides an in-depth analysis of global hernia repair devices and consumables in medical sector and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year.
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
- It profiles leading players in the global Hernia Repair Devices and Consumables Market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
- Key companies covered as a part of this study include C. R. Bard Medicals, Baxter Internationals, Medtronic Inc., B Braun Melsungen AG, W.L. Gore & Associates Inc., Cooper Surgicals Inc., and Ethicon Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics.
- The global Hernia Repair Devices and Consumables Market report caters to various stakeholders in this industry including investors, suppliers, hernia repair devices and consumables manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the hernia repair devices and consumables market.
Detailed Segmentation:
- Global Hernia Repair Devices and Consumables Market, By Product:
- Fixation Device
- Consumables
- Mesh
- Synthetic Mesh
- Biologic Mesh
- Others
- Surgical Instruments
- Endoscopy Equipment
- Global Hernia Repair Devices and Consumables Market, By Surgery Type:
- Tension Repair
- Tension Free Repair
- Laparoscopy
- Global Hernia Repair Devices and Consumables Market, By Hernia Type:
- Incisional Hernia
- Umbilical Hernia
- Inguinal Hernia
- Femoral Hernia
- Others
- Global Hernia Repair Devices and Consumables Market, By Geography:
- North America
- By Country
- U.S.
- Canada
- By Segments
- Product
- Surgery Type
- Hernia Type
- Europe
- By Country
- U.K.
- Germany
- Italy
- France
- Russia
- Rest of Europe
- By Segments
- Product
- Surgery Type
- Hernia Type
- Asia Pacific
- By Country
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- By Segments
- Product
- Surgery Type
- Hernia Type
- Latin America
- By Country
- Brazil
- Mexico
- Rest of Latin America
- By Segments
- Product
- Surgery Type
- Hernia Type
- Middle East
- By Country
- GCC
- Israel
- Rest of Middle East
- By Segments
- Product
- Surgery Type
- Hernia Type
- Africa
- By Region
- North Africa
- Central Africa
- South Africa
- By Segments
- Product
- Surgery Type
- Hernia Type
- Company Profiles
- Johnson & Johnson Services, Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- The Cooper Companies Inc.
- Lifecell Corporation (Allergan Plc)
- L. Gore & Associates, Inc.
- Maquet Holding B.V. & Co. KG
- Becton, Dickinson And Company
- Medtronic Plc
- Cook Medical Inc.
- Baxter International Inc.
- Braun Melsungen AG
- Johnson & Johnson Services, Inc.*
“*” marked represents similar segmentation in other categories in the respective section.
Table of Contents
- Research Objective and assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet By Product Type
- Market Snippet By Surgery Type Type
- Market Snippet By Hernia Type Type
- Market Snippet By Region
- Coherent Opportunity Map (COM)
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Supply Side Drivers
- Demand Side Drivers
- Economic Drivers
- Restraints
- Market Opportunities
- Market Trends
- PEST Analysis
- Global Hernia Repair Devices and Consumables Market, By Product Type, 2017 - 2025 (USD Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-O-Y Growth Analysis, 2017 - 2025
- Segment Trends
- Fixation Device
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Consumables
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Mesh
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Synthetic
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Biologic
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Synthetic
- Others
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Consumables
- Surgical Instrument
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Endoscopy Equipment
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Global Hernia Repair Devices and Consumables Market, By Surgery Type Type, 2017 - 2025 (USD Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-O-Y Growth Analysis, 2017 - 2025
- Segment Trends
- Tension Repair
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Tension Free Repair
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Laparoscopy
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Global Hernia Repair Devices and Consumables Market, By Hernia Type Type, 2017 - 2025 (USD Million)
- Introduction
- Market Share Analysis, 2016 and 2025 (%)
- Y-O-Y Growth Analysis, 2017 - 2025
- Segment Trends
- Incisional Hernia
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Umbilical Hernia
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Inguinal Hernia
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Femoral Hernia
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Others
- Introduction
- Market Size and Forecast, and Y-O-Y Growth, 2017 - 2025, (USD Million)
- Global Hernia Repair Devices and Consumables Market, By Regions, 2017 - 2025 (USD Million)
- Introduction
- Market Share Analysis, By Region, 2016 and 2025 (%)
- Y-O-Y Growth Analysis, By Region, 2017 - 2025
- North America
- By Country
- U.S.
- Canada
- By Segments
- Product
- Hernia Type
- Surgery Type
- Europe
- By Country
- U.K.
- Germany
- Italy
- France
- Russia
- Others
- By Segments
- Product
- Hernia Type
- Surgery Type
- Asia Pacific
- By Country
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Others
- By Segments
- Product
- Hernia Type
- Surgery Type
- Latin America
- By Country
- Brazil
- Mexico
- Others
- By Segments
- Product
- Hernia Type
- Surgery Type
- Africa
- By Country
- Northern Africa
- Central Africa
- South Africa
- By Segments
- Product
- Hernia Type
- Surgery Type
- Middle East
- By Country
- GCC Countries
- Israel
- Others
- By Segments
- Product
- Hernia Type
- Surgery Type
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis
- Company Profiles
- Johnson & Johnson Services, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- The Cooper Companies Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Lifecell Corporation (Allergan Plc)
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- W. L. Gore & Associates, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Maquet Holding B.V. & Co. KG
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Becton, Dickinson And Company
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Medtronic Plc
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Cook Medical Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Baxter International Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- B. Braun Melsungen AG
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Strategies
- Section
- References
- Research Methodology
- About us and Sales Contact
*Browse 42 market data tables and 24 figures on "Hernia Repair Devices and Consumables Market - Global forecast to 2025”.
Research Methodology
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
- Primary Research (Trade Surveys and Experts Interviews)
- Desk Research
- Proprietor Data Analytics Model
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
- National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
- Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
- Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
- Trade association, National and international media and trade press.
- Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
- Scientific journals, and other technical magazines and whitepapers.
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Data Standardization:
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
- Micro-economic indicators
- Macro-economic indicators
- Environmental indicators
- Socio-political indicators
- Technology indicators
Data Processing
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
Data Validation
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
- It provides first-hand information on the market dynamics, outlook, and growth parameters.
- Industry experts validates the estimates which helps the company to cement the on-going research study.
- Primary research includes online surveys, face-to face interviews, and telephonic interviews.
The primary research is conducted with the ecosystem players including, but not limited to:
- Raw Material Suppliers
- Manufacturers
- System Integrators
- Distributors
- End-users
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