Navigation Links
Hernia Repair Devices Market is Expected to Reach USD5.9 Billion Globally in 2019: Transparency Market Research
Date:11/20/2013

ALBANY, New York, November 20, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Hernia Repair Devices Market (Polymer and Prosthetic Mesh, Biologic Materials, Surgical Instruments and Endoscopy Equipments)- Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global hernia repair devices market was valued at USD 3,578.21 million in 2012 and is estimated to reach a market worth USD 5,936.43 million in 2019at a CAGR of 7.5% from 2013 to 2019.

Browse the full report with complete TOC at http://www.transparencymarketresearch.com/hernia-repair-devices.html

Hernia is one of the major health concerns worldwide. Occurrence of hernia is characterized by the protrusion or bulging of internal organ or tissues through weak muscle areasand is classified on the basis of its anatomical location of occurrence. The different types of hernia include inguinal (inner groin), umbilical (belly button), hiatal (upper stomach), femoral (outer groin) and incisional hernia. Of these inguinal hernia is the most common type of hernia accounting for around 80% of the total hernia cases worldwide. This occurs most commonly in men majorly due to the observed weakness in this area. The exact cause of hernia is unknown but the most prominent risk factors which contribute in the development of hernia are old age and obesity. These factors feature weakened muscles and pressure in the abdomen. Other factors contributing towards development of hernia are poor nutrition, smoking, change in lifestyle habits, and family history.

Escalation in hernia prevalence directly influences the need and demand for hernia repair devices globally.Consistent rise in geriatric population, increasing adoption of tension free hernia repair procedures, rise in preference for technologically advanced biologic mesh and consistent elevation in obesity epidemic are some of the major factors positively impacting the growth and acceptance of hernia repair devices globally. However, inconsistent reimbursement policies coupled with high costs involved in the development of effective hernia repair devices are expected to hamper the growth and development of hernia repair devices market.

Hernia repair devices market can be segmented based on the type of product and equipment and procedure. The products and equipmentare further categorized into polymer and prosthetic mesh, biologic materials, surgical instruments and endoscopy equipment. Manufacturers are focusing on developing innovative and novel hernia repair products and equipment. The market for biologic materials is expected to grow faster compared to polymer or prosthetic mesh system as they render more advantages over the latter such as high flexibility, strength, less chances of rejection and infection. At present there has been increased adoption of biologic mesh and biologic allograft mesh systems which aid in fast recovery and negligible post-operative pain.

Continuous technological upgradation in developing endoscopes will further support growth and development of hernia repair devices. The rationale behind this is that these hi-tech endoscopes assure high reliability and accuracy of the surgical procedure with the minimum possibility of errors. Hence, with the perennial need for high performance oriented medical devices, the need and demand for effective hernia repair devices also increased.

Surgical procedure is the best option to deal with hernia as it provides long term results as compared to watchful waiting process for reverting hernia with the aid of certain medications. Tension repair and tension free repair procedures are the two main approaches employed for hernia repair. Tension free procedures are more advantageous than tension repair methods as they provide fast recovery and negligible post-operative pain. Currently, there has been an increased preference for tension free repair procedures such as laparoscopic tension free and tension free mesh technique majorly due to its minimal invasive nature followed by less susceptibility to infection compared to conventional incisional repair procedures. Owing to aforesaid factors, tension free repair procedures are anticipated to record a steady growth rate during the forecast period from 2013 to 2019.

At the regional level, North America was the largest market in 2012 for hernia repair devices market followed by the European Region. Asia-Pacific region is expected to grow at a highest CAGR of over 8% from 2013 to 2019. This is majorly due to large and expanding population base, increased participation of the respective governments in healthcare sector and rising disposable incomes of the population. In addition, high prevalence of hernia in low or middle income countries compared to high income countries due to undiagnosed and untreated hernia cases will further propel growth and development of hernia repair devices market.

The hernia repair devices market is characterized by the presence of well-established as well as new players solely operating in this market. The major companies competing in this market are Covidien Plc, Ethicon, Inc., C.R.Bard, Inc., Cook Medical, Inc. and Stryker Corporation.

Related & Recently Published Reports by Transparency Market Research

The global hernia repair devices marketis segmented as follows:

  • Hernia Repair DevicesMarket, by Products and Equipments

    Polymer and Prosthetic Mesh

    Biologic Materials

    Surgical Instruments

    Endoscopy Equipments

  • Hernia Repair Devices Market, by Procedures

    Open Tension Repair

    Tension Free Repair

  • Hernia Repair Devices Market, by Geography

    North America

    Europe

    Asia-Pacific

    Rest of the World (RoW)

Browse all Medical Devices Market Research Reports @ http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Web: http://www.transparencymarketresearch.com/
Blog: http://www.tmrblog.com/
Blog: http://udallas.academia.edu/transparencymarketresearch/


'/>"/>
SOURCE http://www.transparencymarketresearch.com/
Copyright©2012 PR Newswire.
All rights reserved

Related biology technology :

1. Nerve Repair and Regeneration Market - Global Trend and Forecast to 2018
2. Study Published in Nature Biotechnology Demonstrates Ability of Modernas Novel Therapeutic Paradigm to Repair and Regenerate Damaged Heart Tissue
3. Damaged Tissues and Organs Could be Repaired With New Scaffolding Technique
4. Draper/MIT Space Suits Could Enable Asteroid Exploration, Satellite Repairs
5. AFCell Medical Reports Results from the Retrospective Study of a Novel Allograft Membrane to Prevent Post-Operative Adhesions in the Repair of Peroneal and Posterior Tibial Tendons
6. The Spring 2012 MediSend Biomedical Repair Training Programâ„¢ Sends Graduating Biomedical Technicians to Hospitals Around the World
7. IntelliCell BioSciences Announces Collaborative Agreement with the University of Florida on Stem Cell and Tissue Repair Research
8. High-strength silk scaffolds improve bone repair
9. Arthroscopy Devices Market is Expected to Reach USD 5.1 Billion Globally in 2019: Transparency Market Research
10. Advances for Food Safety, Energy, Security and More on the Program for SPIE Micro+Nano Materials, Devices, and Applications
11. Interventional Cardiology Devices - Emerging Markets 2009-2015
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/16/2017)... Jan. 16, 2017  Eurofins Genomics today announced the ... more customers to receive their primers in a shorter ... in quality found with other providers. Express oligos are ... at no additional fee. Researchers ... studies, including DNA sequencing, genotyping, site-directed mutagenesis, and cloning. ...
(Date:1/13/2017)... Michigan (PRWEB) , ... January 13, 2017 , ... ... and market products containing an organic compound called fulvic acid that farms, greenhouses ... Hydroponics operations that grow cannabis are among the fastest growing segments of customers ...
(Date:1/12/2017)... Yorba Linda, Ca (PRWEB) , ... ... ... demand for low-cost, disposable devices with short response times capable of performing ... and food fields, disposable screen-printed electrodes provide fast, sensitive detection and quantification ...
(Date:1/12/2017)... , January 12, 2017 A new report published by ... Users - Global Opportunity Analysis and Industry Forecast, 2014-2022," projects that the global in ... 2015, growing at a CAGR of 15.07% during the forecast period. ... ... ...
Breaking Biology Technology:
(Date:12/15/2016)... LONDON , Dec. 15, 2016 /PRNewswire/ ... the driving experience, health wellness and wellbeing ... As one in three new passenger vehicles ... voice recognition, gesture recognition, heart beat monitoring, ... eyelid monitoring, facial monitoring, and pulse detection. ...
(Date:12/15/2016)... "Increase in mobile transactions is driving the ... market is expected to grow from USD 4.03 billion ... a CAGR of 29.3% between 2016 and 2022. The ... demand for smart devices, government initiatives, and increasing penetration ... is expected to grow at a high rate during ...
(Date:12/8/2016)... , Dec. 8, 2016 Market Research Future published ... Market. The global Mobile Biometric Security and Service Market is expected ... to 2022. Market Highlights: ... , , Mobile Biometric ... due to the increasing need of authentication and security from unwanted ...
Breaking Biology News(10 mins):