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Hernia Repair Devices Market - Global Industry Analysis, Trends and Forecast, 2013 - 2019

A market study based on the global hernia repair market recently released by Transparency Market Research (TMR), estimates that the market will expand at a CAGR of 7.5% over a period from 2014 to 2020 and reach a valuation of US$5936.43 million by the end of the forecast period.<br><br>Read Full Report: http://www.transparencymarketresearch.com/hernia-repair-devices.html

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Hernia Repair Devices Market - Global Industry Analysis, Trends and Forecast, 2013 - 2019

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  1. Transparency Market Research Hernia Repair Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019 Published Date 20-Nov-2013 81 Page Report Request Sample Buy Now Press Release Global Hernia Repair Devices Market to Grow at 6.4% CAGR during 2013-2019 Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com

  2. Hernia Repair Devices Market REPORT DESCRIPTION Hernia Repair Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019 A market study based on the global hernia repair market recently released by Transparency Market Research (TMR), estimates that the market will expand at a CAGR of 7.5% over a period from 2014 to 2020 and reach a valuation of US$5936.43 million by the end of the forecast period. Occurrence of hernia results in chronic pain and is one of the most common conditions affecting large number of populations. Hernia is a condition often characterized by protrusions of organs mainly intestines via a weakened section of abdominal wall. If the condition is left untreated then it results in widening of the split in the muscles thereby increasing the number of organs and tissues being pushed through the openings or weakened muscles along with the formation of a sac like structure.The weakening of abdominal wall can be by birth or can be acquired later during the lifetime of a person. Hernia is further categorized into inguinal, femoral, umbilical, hiatal and others based on the anatomical location of the hernia. Hernia can be diagnosed with the help of physical examination and clinical laboratory tests; physical examination involves thorough scrutiny of the physical area of the bulge or lump and the clinical tests such as blood tests, urinalysis and imaging platforms especially in the case of cardiac patients. Read Full Report: http://www.transparencymarketresearch.com/hernia-repair-devices.html Escalation in hernia prevalence is contributed by factors such as rise in geriatric population, high obesity epidemic and rapidly changing lifestyle habits. It is predicted that the population aged above 55 is more susceptible to develop hernia owing to the natural weakening of the muscles and high risk of acquiring health disorders. The global hernia repair devices market was valued at USD 3,578.2 million in the year 2012 and is expected to record a growth rate of 7.5% during the forecast period from 2013 to 2019, to reach an estimated value of USD 5,936.4 million by 2019. Biologic Materials to be Fastest Growing Equipment Segment of Global Hernia Repair Devices Market Depending upon the types of products and equipment on offer in the global hernia repair devices market, the market has been segmented into polymer and prosthetic mesh, surgical instruments, endoscopy equipment, and biologic materials. Biologic materials, along with polymer and prosthetic mesh, are widely 2 Transparency Market Research

  3. Hernia Repair Devices Market used to reconstruct the muscles of the abdominal wall. However, the biologic materials segment is expected to grow at a faster rate than the polymer and prosthetic mesh segment during the forecast period. Request A Sample Of This Report: http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=1552 Tension-free Hernia Repair Procedure to Gain Preference over Traditional Incision Repair Procedure On the basis of the types of procedures used for hernia repair, the global hernia repair devices market has been categorized into tension repair and open tension-free repair. Doctors and patients these days increasingly prefer tension-free hernia repair procedures over the conventional incision repair procedures, due to the greater comfort it offers to the patient. Hence, the growth of this segment will be substantial during the forecast period. The hernia repair devices market can be analyzed by the type of product and equipment employed in hernia repair and the type of hernia repair procedure adopted. The various products and equipment used extensively in hernia repair are polymer and prosthetic and biologic mesh systems, which aid in reconstruction of operated abdominal wall muscles. The synthetic mesh systems are widely adopted in complex hernia repair procedures and are composed of chemicals such as polyester and expanded polytetrafluoroethylene (ePTFE) and provide fast recovery along with negligible post-operative pain. However, chances of recurrence of hernia and rejection of the mesh thereby causing infections in the operated regions are high. On the other hand biologic mesh systems are more advantageous over prosthetic mesh as they render less chance of rejection and infection. With the increased preference for technologically advanced biologic and composite mesh systems, the need and demand for highly effective hernia repair devices also increased. Continuous evolution of endoscopic equipment employed in hernia repair procedures ensures high reliability and accuracy. Thus, continuous product modifications and technological advancements in developing efficient hernia repair devices will propel acceptance of the same. Read Full Article: http://www.transparencymarketresearch.com/article/hernia-repair-devices.htm With increasing preference for minimally invasive hernia repair procedures, there has been increased rate of adoption of tension free hernia repair procedures over the traditional incisional repair procedures. The rationale behind the increased adoption of tension free hernia repair procedures is that it provides fast 3 Transparency Market Research

  4. Hernia Repair Devices Market recovery with negligible post-operative pains compared to the conventional means. Laparoscopic tension free and tension free mesh technique are the two most popular hernia repair procedures amongst others. Currently, robotics assisted surgeries are witnessing increased acceptance majorly due to high consistency, accuracy and less prone to human errors. Owing to this development, the strategic tie-ups of the medical device manufacturers with the developers of robotics surgical equipment provides a plethora of business opportunities in the field of medical devices. Geographically, North America accounts for the largest percentage share of the global hernia repair devices market accounting for around 41.3% of the total market. This is justified by the presence of technologically updated infrastructure and well trained healthcare professionals in this region compared to other regions. In addition, consistent rise in awareness levels in patient population has further augmented growth and development of hernia repair devices market in this region. The region also provides well- defined reimbursements policies which further encourages adoption of hi-tech hernia repair products and procedures. Asia-Pacific region is anticipated to record high growth rate owing to increased participation of the respective governments in improving the overall healthcare sector and huge untapped potential in these regions. In addition, rise in disposable incomes and increased preference of the population to avail technologically advanced medical solutions further support growth of hernia repair devices market. Rest of the World (RoW) is also expected to exhibit considerable growth rate majorly due to increasing acceptance towards novel approaches and consistent improvements in healthcare facilities in Latin American markets of Brazil, Argentina and Mexico. The overall hernia repair devices market is highly fragmented with the presence of both established and emerging companies which include Covidien Plc, C.R.Bard, Ethicon, Inc., Cook Medical, Inc. and Stryker Corporation. The factors which contribute in the growth of the overall hernia repair procedures are continuous product modifications followed by technological advances and increased preference for minimally invasive procedures. However, high cost of the products and procedures along with dicey reimbursement policies may limit the growth prospects for the development of hernia repair devices market. 4 Transparency Market Research

  5. Hernia Repair Devices Market TABLE OF CONTENT Chapter 1 Preface 1.1 Report Description 1.2 Market Segmentation 1.3 Research Methodology 1.3.1 Sources 1.3.1.1 Secondary Research 1.3.1.2 Primary Research 1.3.2 Assumptions Chapter 2 Executive Summary 2.1 Global Hernia Repair Devices Market, by Segments, 2012 (USD Million) Chapter 3 Market Overview 3.1.1 Market potential of hernia repair devices 3.1.2 Future scenario of hernia repair devices market 3.2 Market Drivers 3.2.1 Consistent rise in obesity epidemic 3.2.2 Demand for advanced biologic meshes 3.2.3 Consistent rise in geriatric population 3.2.4 Increased adoption of tension-free hernia repair procedures 5 Transparency Market Research

  6. Hernia Repair Devices Market 3.2.5 Impact Analysis of Market Drivers 3.3 Market Restraints 3.3.1 High cost of development of hernia repair devices and inconsistent reimbursement policies 3.3.2 Impact Analysis of Market Restraints 3.4 Opportunities 3.4.1 Focus on countries with increased composite mesh adoption 3.4.2 Strategic tie-ups with robotic surgery equipment manufacturers 3.5 Porter’s Five Forces Analysis: Global Hernia Repair Devices Market 3.5.1 Bargaining power of suppliers 3.5.2 Bargaining power of buyers 3.5.3 Threat of substitutes 3.5.4 Threat from new entrants 3.5.5 Competitive Rivalry 3.6 Market Attractiveness Analysis for the Global Hernia Repair Devices Market, by Geography 3.7 Market Share by Key Players of Global Hernia Repair Devices Market, 2012 3.7.1 Global Hernia Repair Devices Market Share, by Key Players, 2012 (%) Chapter 4 Hernia Repair Devices Market, by Products and Equipments 4.1 Overview 4.1.1 Global Hernia Repair Devices Market, by Products and Equipments, 2011 – 2019 (USD Million) 4.2 Biologic Materials 4.2.1 Global Biologic Materials Market, 2011 – 2019 (USD Million) 4.3 Polymer and Prosthetic Mesh 4.3.1 Global Polymer and Prosthetic Mesh Market, 2011 – 2019 (USD Million) 6 Transparency Market Research

  7. Hernia Repair Devices Market 4.4 Surgical Instruments 4.4.1 Global Surgical Instruments Market, 2011 – 2019 (USD Million) 4.5 Endoscopy Equipment 4.5.1 Global Endoscopy Equipment Market, 2011 – 2019 (USD Million) Chapter 5 Hernia Repair Devices Market, by Procedures 5.1 Overview 5.1.1 Global Hernia Repair Devices Market, by Procedures, 2011 – 2019 (USD Million) 5.2 Tension Repair 5.2.1 Global Tension Repair Market, 2011 – 2019 (USD Million) 5.3 Open-Tension Free Repair 5.3.1 Global Open-Tension Free Repair Market, 2011 – 2019 (USD Million) Chapter 6 Hernia Repair Devices Market, by Geography 6.1 Overview 6.1.1 Global Hernia Repair Devices Market, by Geography, 2011 – 2019 (USD Million) 6.2 Comparative Analysis: Hernia Repair Devices Market, by Geography, 2012 & 2019 (Value %) 6.3 North America 6.3.1 North America Hernia Repair Devices Market, by Segments, 2011 – 2019 (USD Million) 6.4 Europe 6.4.1 Europe Hernia Repair Devices Market, by Segments, 2011 – 2019 (USD Million) 6.5 Asia-Pacific 6.5.1 Asia-Pacific Hernia Repair Devices Market, by Segments, 2011 – 2019 (USD Million) 6.6 Rest of the World (RoW) 7 Transparency Market Research

  8. Hernia Repair Devices Market 6.6.1 RoW Hernia Repair Devices Market, by Segments, 2011 – 2019 (USD Million) Chapter 7 Recommendations 7.1 Focus on emerging technologies such as minimally invasive procedures 7.2 Investing in emerging markets Chapter 8 Company Profiles 8.1 B.Braun Melsungen AG 8.1.1 Company Overview 8.1.2 Financial Overview 8.1.3 Product Portfolio 8.1.4 Business Strategies 8.1.5 Recent Developments 8.2 Cook Medical, Inc. 8.2.1 Company Overview 8.2.2 Financial Overview 8.2.3 Product Portfolio 8.2.4 Business Strategies 8.2.5 Recent Developments 8.3 Covidien Plc 8.3.1 Company Overview 8.3.2 Financial Overview 8.3.3 Product Portfolio 8.3.4 Business Strategies 8 Transparency Market Research

  9. Hernia Repair Devices Market 8.3.5 Recent Developments 8.4 C. R. Bard, Inc. 8.4.1 Company Overview 8.4.2 Financial Overview 8.4.3 Product Portfolio 8.4.4 Business Strategies 8.4.5 Recent Development 8.5 Ethicon, Inc. 8.5.1 Company Overview 8.5.2 Financial Overview 8.5.3 Product Portfolio 8.5.4 Business Strategies 8.5.5 Recent Developments 8.6 Life Cell Corporation 8.6.1 Company Overview 8.6.2 Financial Overview 8.6.3 Product portfolio 8.6.4 Business Strategies 8.6.5 Recent Developments 8.7 Olympus Corporation 8.7.1 Company Overview 8.7.2 Financial Overview 8.7.3 Product Portfolio 8.7.4 Business Strategies 9 Transparency Market Research

  10. Hernia Repair Devices Market 8.7.5 Recent Developments 8.8 W.L.Gore & Associates 8.8.1 Company Overview 8.8.2 Financial Overview 8.8.3 Product Portfolio 8.8.4 Business Strategies 8.8.5 Recent Developments 8.8.6 Business Strategies 8.8.7 Recent Developments About Us Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse Market Research Blog : https://marketsresearchindustry.wordpress.com/ 10 Transparency Market Research

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