Research Report on Hernia Repair Market Globally strategic overview July 04 2019
According to the new market research report "Hernia Repair Market by Product (Mesh
(Synthetic, Biologic), Mesh Fixation (Suture, Tack and Glue Applicator)), Surgery Type
(Inguinal, Incisional/Ventral, Umbilical, Femoral), and Geography (America, Europe, Asia
Pacific) - Forecast to 2023", published by MarketsandMarkets™, The hernia repair market is
projected to reach USD 4.75 Billion by 2023 from USD 4.09 Billion in 2018, at a CAGR of 3.0%
during the forecast period.
The rising adoption of mesh in hernia repair surgeries, rising geriatric population, new product
developments, and favorable reimbursement scenario in developed countries are the major
factors driving the growth of this market.
The report analyzes and studies the patient population affected with hernia in the US, Canada,
Germany, France, the UK, Japan, China, and India. Along with patient population, the report
studies the adoption of synthetic and biologic mesh in hernia repair surgeries and the adoption
of suture, tack, and glue applicators for mesh fixation.
Browse and in-depth TOC on "Hernia Repair Market"
133 - Tables
30 - Figures
51 - Pages
The hernia mesh segment is estimated to account for the largest share of the hernia repair
market
On the basis of product, the hernia repair market is segmented into mesh and mesh fixators. A
mesh is used for reinforcing weak spots in the muscle while repairing the hernia. Mesh fixators
are used to fix the mesh in its place to avoid displacement. In 2018, the hernia mesh segment is
expected to account for the largest share of the market. This large share can be attributed to the
higher prices of meshes compared to mesh fixators.
In 2018, tack applicators to account for the largest share of the mesh fixators market
The hernia mesh fixators market is segmented into sutures, tack applicators, and glue applicators.
Among these, sutures is the most common type of mesh fixator, followed by tack. However, due
to the higher price of tacks, the tack applicators segment is expected to account for the largest
share in the mesh fixators market in 2018. While the rising adoption of surgical glue as mesh
fixators makes glue applicators the fastest growing segment of the mesh fixators market.
Read a Press Release On “Hernia Repair Market”:
https://www.marketsandmarkets.com/PressReleases/hernia-mesh-devices.asp
In 2018, North America is projected to account for the largest market share
The global hernia repair market is segmented into four major regions, namely, North America,
Europe, the Asia Pacific, and the Rest of the World (RoW). In 2018, North America is estimated
to account for the largest market for hernia mesh devices. The large share of North America in
this market can be attributed to the strong demand for and adoption of hernia repair in the US,