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The overall US hernia repair market is expected to rise to approximately $1.2 billion by 2021, at a moderate Compound Annual Growth Rate (CAGR) of 4%. It was valued at approximately $875 million in 2014. The US has a higher adoption of expensive meshes in general, and procedure volume will go up by 1% annually. For example, the majority of umbilical hernia repairs are performed with composite meshes, which contribute to a higher market valuation.
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US Hernia Repair Market Is Expected To Rise To Approximately $1.2 Billion By 2021
MediPoint: Hernia Repair - Global Analysis and Market Forecasts Hernia is a term used to describe the protrusion of an internal organ or tissue through a weak portion of a muscle or connective tissue. The majority of hernias occur in the abdomen, where they are caused by a combination of increased abdominal pressure and a weakness in a particular portion of the abdomen (which is often present at birth). Certain conditions such as obesity and persistent coughing can cause an increase in intra-abdominal pressure and contribute to hernia development. The advancement of hernia repair has been hallmarked by three significant shifts in surgical treatment. The first was the transition from the “tension” techniques, which involved the use of sutures to tie adjacent tissue layers together, to a “tension-free” technique that incorporated flat sheets of mesh to bridge the defect. The second transition was the overwhelming adoption of large pore meshes in replacement of small pore meshes. Both shifts were prompted by improvements in patient outcomes. The third transition is currently underway as surgeons adopt the laparoscopic technique over the standard open technique. +1 408 520 9750 www.absolutereports.com sales@absolutereports.com
Topics Revealed in this Report Disease Overview Competitive Assessment Competitive Pricing for Premium Hernia Meshes Trends in Corporate Strategy Transition from Open Hernia Repair to Laparoscopic Hernia Repair +1 408 520 9750 www.absolutereports.com sales@absolutereports.com
Major/Key players AnalysisThe Research Provides Company Overview, Business Description, SWOT Analysis, Major Products/Services, Head Office, etc. of Following Companies: Agency for Medical Innovation AspideMedical FEG TextiltechnikmbH TEI Biosciences Cook Medical +1 408 520 9750 www.absolutereports.com sales@absolutereports.com
Key Questions Answered What are the procedure volumes for different hernia indications in different countries? How will the volumes change in the next a few years? Growth in the hernia repair market lies with an increasing adoption in laparoscopic procedures. What are the current adoption trends in different geographies? How will laparoscopic approach grow in the upcoming years? Large pore synthetic mesh has been the mainstream product for years but latest products such as composite and biologic meshes are receiving increasing attention from surgeons. What are the current adoption trends towards different mesh types in different geographies? How will the adoption trends shift in the near future? There are various hernia mesh types and different mesh companies have a different strategic product focus. Who are the leading players in the hernia repair market in different countries? +1 408 520 9750 www.absolutereports.com sales@absolutereports.com
Why one should buy this report? “What Do Physicians Think” quotes provide a unique insight into how healthcare professionals are reacting to events within the industry, and what their responses could mean for industry strategists. This information is essential for all strategic decision makers in every organization allowing them to act on high quality information. +1 408 520 9750 www.absolutereports.com sales@absolutereports.com
Report Details No. Of Pages : 277 No of Tables : 121 No. Figures : 110 Price : $6495(Single User Licence) +1 408 520 9750 www.absolutereports.com sales@absolutereports.com
Related Reports: Inguinal Hernia Global Clinical Trials Review, H1, 2016 http://www.absolutereports.com/inguinal-hernia-global-clinical-trials-review-h1-2016-10111312 Hernia Global Clinical Trials Review, H1, 2015http://www.absolutereports.com/hernia-global-clinical-trials-review-h1-2015-10076172 +1 408 520 9750 www.absolutereports.com sales@absolutereports.com
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