Wednesday, 4 September 2013

Hernia Repair Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast (2013 - 2019)

Hernia Repair Devices Market
Hernia is referred to the bulging of whole or a part of an internal organ or tissue through the defect in the supporting structures that normally contains it. Hernia can occur in abdomen, brain, diaphragm, groin or any other site previously operated due to various causes including intense weight lifting, injury to the abdomen, and wrong posture. Different kinds of hernia require a specific management or treatment. Surgical operations using different approaches such as herniorrhaphy, hernioplasty, and herniotomy are recommended for repair or correction of hernia.

The global hernia repair devices market is categorized on the basis of:
  1. Product type-
  • Biologic materials
  • Surgical equipment, fixation equipment
  • Surgical equipment, endoscopes
  • Polymer and prosthetic mesh
    2.  Procedure type-
  • Tension repair
  • Open tension-free repair
  • Laparoscopic tension-free repair
  • Other tension-free methods
Currently, Europe dominates the global hernia repair devices market and is followed by North America due to rapid growth in the international markets. Emerging countries of Asia, Middle East and Latin America are also expected to show rapid growth in this market due to worldwide increase in the graying population.

Some of the major factors driving the growth of hernia repair devices market include new product innovations, reduced pain and lesser complications, increase in obesity epidemic, growing population and increasing awareness for adoption of laparoscopic procedures. Surge in demand for advanced biologic allograft meshes is further propelling the hernia repair devices market. However, dicey reimbursement policies may pose a challenge to the growth of hernia repair devices.

Some of the key players contributing to the hernia repair devices market include Biomerix Corporation, ConMed Corporation, Covidien PLC, CooperSurgical, Inc., Karl Stroz GMbH, Olympus Corporation, Stryker Corporation, Synovis Life Technologies, Inc. and W.L. Gore & Associates, Inc.

More reports on Medical Devices market:

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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