Hernia Repair Market Research Report - Forecast to 2027

Hernia Repair Market information, by Hernia type (inguinal hernia, femoral hernia, umbilical hernia, incisional hernia, and others), products (devices, consumables, and others), surgery type (open hernia surgery, laparoscopy) - Forecast to 2027

ID: MRFR/MED/1680-HCR | February 2021 | Region: Global | 80 pages

Hernia Repair Market Synopsis


Hernia Repair Market is growing steadily and it is anticipated to show an exponential growth reaching approximately $8.5 Billion in 2022. Hernia is a protrusion of an organ through a weak spot in the surrounding connective tissue called as a fascia. There are several types of hernia among which the most common are inguinal, incisional, and femoral. Hernia can be caused due to anything that causes an increase in pressure in the abdomen. There are some major factors in the advancements in the hernia repair such as transition into tension-free technique that incorporates the use of flat sheets of mesh instead of sutures, adoption of large pore meshes, and the adoption of laparoscopic surgeries instead of conventional open technique.


Study Objectives of Hernia Repair Market:



  • To provide detail analysis of the hernia repair market structure along with forecast for the next 7 years of the various segments and sub-segments of the hernia repair industry

  • To provide insights about factors affecting the hernia repair industry growth

  • To analyze the market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.

  • To provide historical and forecast revenue of the hernia repair industry segments and sub-segments with respect to four main geographies and their countries- Americas, Europe, Asia-Pacific, and Middle East & Africa.

  • To provide country level analysis of the market with respect to the current hernia repair industrysize and future prospective

  • To provide country level analysis of the market for segments by hernia type, by product, by surgery type and its sub-segments.

  • To provide overview of key players and their strategic profiling in the hernia repair industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the hernia repair market

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the hernia repair market.


Hernia Repair Market, by Region (USD Million) Global Hernia Repair Market, by Region

Intended Audience



  • Hernia Repair manufacturers and suppliers

  • Contract Research Organizations (CROs)

  • Research and Development (R&D) Companies

  • Government & Independent Research Laboratories

  • Government and Independent Regulatory Authorities

  • Market Research and Consulting Service Providers

  • Academic Institutes and Universities


Segments:


Hernia Repair market has been segmented on the basis of hernia type which comprises inguinal hernia, femoral hernia, umbilical hernia, incisional hernia, epigastric hernia, hiatal hernia. On the basis of product, the market is segmented into devices, consumables, others. Consumables are further divided into synthetic material and biological material. On the basis of surgery type, market is segmented into open hernia surgery, laparoscopy.


Regional Analysis of Hernia Repair Market:


Considering the global scenario of the market, America is believed to be the largest market for Hernia Repair. Moreover the European market is also growing continuously and slowly catching up with the American market. On the other hand, Asia-Pacific market is expected to grow at the fastest pace in the Hernia Repair segment during the forecasted period. Middle East & Africa region are likely to have a limited but steady growth in the market.


Key Players:


Some of the key players are: ABISS, A.M.I. GmbH, Angiologica B.M., Aspide Medical, Atrium Medical Corporation, B. Braun Melsungen AG, Baxter Internationals, C. R. Bard, Inc. (Davol Inc), COOK MEDICAL INC., Cousin Biotech, Covidien (Medtronic), Ethicon, Integra LifeSciences Corporation, and others.


The report for Hernia Repair market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the hernia repair and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.



Report Scope:
Report Attribute/Metric Details
  Market Size   2022: USD 8.5 Million
  CAGR   2020-2027: Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Hernia type, Products and Surgery Type
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   ABISS, A.M.I. GmbH, Angiologica B.M., Aspide Medical, Atrium Medical Corporation, B. Braun Melsungen AG, Baxter Internationals, C. R. Bard, Inc. (Davol Inc), COOK MEDICAL INC., Cousin Biotech, Covidien (Medtronic), Ethicon, Integra LifeSciences Corporation
  Key Market Opportunities   Strategic collaborations, mergers, and product launches, strategies undertaken by key players in the market
  Key Market Drivers

  • Increase hernia cases
  • Growing awareness about the disease and availability of treatments
  • Advancements in hernia repair


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    Frequently Asked Questions (FAQ) :


    The valuation of the hernia repair market is estimated to increase to USD 8.5 BN by the end of 2022.

    Increase hernia cases, growing awareness about the disease and availability of treatments, advancements in hernia repair, and increasing medical expenditure are the major tailwinds pushing the growth of the global hernia repair market.

    North America holds the largest share in the global hernia repair market, followed by Europe and the Asia Pacific, respectively.

    Angiologica B.M. (Italy), A.M.I. GmbH (Austria), Aspide Medical (France), B. Braun Melsungen AG (Germany), Atrium Medical Corporation (Germany), Baxter Internationals (U.S.), Cook Medical Inc. (US), C. R. Bard, Inc. (US), Cousin Biotech (France), Ethicon (U.S.), Covidien (Ireland), ABISS (France), and Integra Life Sciences Corporation (U.S), are some of the major players operating in the hernia repair market.

    Strategic initiatives such as mergers & acquisitions, collaborations, expansion, and technology/ product launch are some of the growth strategies that players operating in the global hernia repair market adopt to gain a larger competitive advantage.

    Table of Contents

    1 INTRODUCTION

    1.1 DEFINITION

    1.2 SCOPE OF STUDY

    1.2.1 RESEARCH OBJECTIVE

    1.2.2 ASSUMPTIONS & LIMITATIONS

    1.2.2.1 ASSUMPTIONS

    1.2.2.2 LIMITATIONS

    1.3 MARKET STRUCTURE

    2 RESEARCH METHODOLOGY

    2.1 RESEARCH PROCESS:

    2.2 PRIMARY RESEARCH

    2.3 SECONDARY RESEARCH

    3 MARKET DYNAMICS

    3.1 DRIVERS

    3.2 RESTRAINTS

    3.3 OPPORTUNITIES

    3.4 MACROECONOMIC INDICATORS

    4 MARKET FACTOR ANALYSIS

    4.1 PORTERS FIVE FORCES MODEL

    4.2 BARGAINING POWER OF SUPPLIERS

    4.3 BARGAINING POWER OF BUYERS

    4.4 THREAT OF NEW ENTRANTS

    4.5 THREAT OF SUBSTITUTES

    4.6 INTENSITY OF RIVALRY

    5 GLOBAL HERNIA REPAIR MARKET, BY HERNIA TYPE

    5.1 INGUINAL HERNIA

    5.2 FEMORAL HERNIA

    5.3 INCISIONAL HERNIA

    5.4 UMBILICAL HERNIA

    5.5 EPIGASTRIC HERNIA

    5.6 HIATAL HERNIA

    6 GLOBAL HERNIA REPAIR MARKET, BY PRODUCT

    6.1 DEVICE

    6.2 CONSUMABLE

    6.2.1 MESH

    6.2.1.1 SYNTHETIC MATERIAL

    6.2.1.1.1 ABSORBABLE

    6.2.1.1.2 NON-ABSORBABLE

    6.2.1.2 BIOLOGICAL MATERIAL

    6.3 OTHERS

    7 GLOBAL HERNIA REPAIR MARKET, BY SURGERY TYPE

    7.1 OPEN SURGERY

    7.2 LAPAROSCOPY

    8 GLOBAL HERNIA REPAIR MARKET, BY REGION

    8.1 AMERICA

    8.1.1 INTRODUCTION

    8.2 EUROPE

    8.2.1 INTRODUCTION

    8.3 ASIA-PACIFIC

    8.3.1 INTRODUCTION

    8.4 MIDDLE EAST & AFRICA

    8.4.1 INTRODUCTION

    9 COMPETITIVE LANDSCAPE

    9.1 MAJOR STRATEGIES ADOPTED BY MARKET PLAYERS

    9.1.1 STRATEGIC PARTNERSHIP

    9.1.2 MERGER & ACQUISITION

    10 COMPANY PROFILE

    10.1 B. BRAUN MELSUNGEN AG

    10.1.1 OVERVIEW

    10.1.2 PRODUCT OVERVIEW

    10.1.3 FINANCIALS

    10.1.4 KEY DEVELOPMENTS

    10.2 C. R. BARD, INC. (DAVOL INC)

    10.2.1 OVERVIEW

    10.2.2 PRODUCT OVERVIEW

    10.2.3 FINANCIALS

    10.2.4 KEY DEVELOPMENTS

    10.3 COOK MEDICAL INC.

    10.3.1 OVERVIEW

    10.3.2 PRODUCT OVERVIEW

    10.3.3 FINANCIALS

    10.3.4 KEY DEVELOPMENT

    10.4 COVIDIEN (MEDTRONIC)

    10.4.1 OVERVIEW

    10.4.2 PRODUCT OVERVIEW

    10.4.3 FINANCIALS

    10.4.4 KEY DEVELOPMENTS

    10.5 ETHICON (JOHNSON & JOHNSON)

    10.5.1 OVERVIEW

    10.5.2 PRODUCT OVERVIEW

    10.5.3 FINANCIALS

    10.5.4 KEY DEVELOPMENTS

    10.6 OTHERS

    List of Tables

    TABLE 1 GLOBAL HERNIA REPAIR MARKET, BY HERNIA TYPE, 2020-2027 (USD MILLION)

    TABLE 2 GLOBAL HERNIA REPAIR MARKET, BY PRODUCT, 2020-2027 (USD MILLION)

    TABLE 3 GLOBAL HERNIA REPAIR MARKET, BY SURGERY TYPE, 2020-2027 (USD MILLION)

    TABLE 4 GLOBAL HERNIA REPAIR MARKET, BY REGION, 2020-2027 (USD MILLION)

    List of Figures

    FIGURE 1 RESEARCH PROCESS

    FIGURE 2 PORTERS FIVE FORCES MODEL

    FIGURE 3 GLOBAL HERNIA REPAIR MARKET, BY HERNIA TYPE

    FIGURE 4 GLOBAL HERNIA REPAIR MARKET, BY PRODUCT

    FIGURE 5 GLOBAL HERNIA REPAIR MARKET, BY SURGERY TYPE

    FIGURE 6 GLOBAL HERNIA REPAIR MARKET, BY REGION

    FIGURE 7 GLOBAL HERNIA REPAIR MARKET: COMPANY SHARE ANALYSIS, 2020(%)