(PharmaNewsWire.Com, August 22, 2018 ) The "Global Hernia Repair Devices and Consumables Market Analysis to 2025" is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global hernia repair devices and consumables market with detailed market segmentation by product, hernia type, surgery, and geography. The global hernia repair devices and consumables market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Hernia is a medical condition in which the contents of a body cavity bulges out of the area where they are normally contained. Generally the organ that swells from the body is abdominal fatty tissue or intestinal portions, present in the thin membrane that lines the inside cavity. The common symptoms of hernia are usually observed during running, walking or resting. Most of the hernias are not severe, and can be removed through surgeries for preventing complications. The treatment options available for the hernia repair are surgery, medication and change in lifestyle.
Rising prevalence of hernia, increasing adoption of technologically advanced products, and rise in number of obese population are expected to be the key factors driving the growth of hernia repair devices and consumables market. Additionally, increase in disposable incomes and rising patient awareness about hernia surgical procedures are expected to offer significant growth opportunities in the coming years.
The market is segmented based on product, hernia type and surgery. In terms of product, the market is classified as, fixation devices, meshes and surgical instruments. The fixation devices market is further categorized as, sutures, tackers and sealants & adhesives. As per hernia type, the market is segmented as, umbilical hernia, incisional hernia, inguinal hernia, femoral hernia, and others. On the basis of surgery, the market is segmented as, laparoscopic surgery and open tension-free repair surgery.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global hernia repair devices and consumables market based on product, hernia type and surgery. It also provides market size and forecast till 2025 for overall Hernia Repair Devices and Consumables market with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America.
North America is expected to hold a significant share in the global market. Presence of large pool of obese population, early acceptance of technologically advanced products and rising prevalence of hernia are expected to be the driving factors of the market in North America. However, Asia-Pacific is expected to witness rising growth in the market during the forecast period, due to increase in disposable incomes and rising patient awareness regarding hernia surgical procedures.
The report also includes the profiles of key hernia repair devices and consumables manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Some of the key players influencing the market are B. Braun Melsungen AG, C.R. Bard, Inc., Baxter, W. L. Gore & Associates, Inc., Medtronic, Cook, Cooper Surgicals Inc., Allergan, Ethicon USA, LLC and Integra LifeSciences.
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