Market Overview:
The global hernia repair devices and consumables market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of hernias, technological advancements in hernia repair devices and consumables, and rising demand for minimally invasive surgery. Based on type, the global hernia repair devices and consumables market can be segmented into fixation devices and consumables. The fixation device segment is expected to account for the majority share of the global hernia repair devices and consumables market in 2018. This segment is projected to grow at a CAGR of 5.7% during the forecast period from 2018 to 2030 due to increasing demand for advanced fixation devices such as mesh anchors, tackers, sutures & needles, surgical staplers & cartridges, etc., which offer better clinical outcomes than traditional methods such as manual suturing or ligating clips/bands. Based on application, the global hernia repair Devices And Consumable Market can be divided into open tension-freerepair surgeryand laparoscopic surgery segments.
Product Definition:
Hernia Repair Devices and Consumables are medical devices that are used to repair hernias. Hernias occur when an organ or tissue pushes through a weak spot in the muscle or connective tissue that surrounds it. Hernia Repair Devices and Consumables help to reinforce the area around the hernia, preventing organs from pushing through again.
Fixation Devices:
A fixation device is a surgical tool that is used to secure the ends of damaged or cut tissues and organs during wound closure. The most common usage of fixation devices includes closing large incisions made after surgery. These devices are also useful in securing internal organs such as the liver, lungs, and heart post-cancer treatment.
The global market for fixation devices was valued at USD 1,849 million in 2016.
Consumables:
Consumables are the materials or devices that are used during surgery. It includes products such as surgical drapes, retractors, sutures, and staplers. Consumables have a significant role in medical procedures and can be considered as an essential element for every procedure/operation.
Application Insights:
The open tension-free repair surgery segment dominated the global market in 2017. This can be attributed to increasing number of hernia repair operations and rising awareness about Hernia. According to a study published by NCBI, it is estimated that around 1% of men above 40 years have inguinal hernia while 2% are diagnosed with umbilical hernia. In addition, another study states that around 1 out of every 200 adults has ventral hernias which occur more often in males than females. These factors indicate an increased risk for developing complications associated with inguinal or umbilicalhernia and thus increase the demand for surgical procedures involving these defects.
The laparoscopic segment is expected to grow at a lucrative rate during the forecast period owing to growing preference among surgeons for minimally invasive surgeries due to improved visualization resulting in better outcomes as comparedto conventional open surgeries.
Regional Analysis:
North America dominated the global market in 2017 owing to a rise in the prevalence of hernia and obesity. According to data published by National Center for Health Statistics, from 2015 to 2016, around 3.1 million adults were diagnosed with hernia while 1.6 million patients had repair surgery performed on them during the same period. In addition, increasing demand for minimally invasive surgeries is also expected to drive growth over the forecast period.
Asia Pacific is expected to be one of fastest-growing regions due its rising geriatric population base and improving economic conditions especially in developing countries such as China.
Growth Factors:
- Increasing incidence of hernia: The global hernia repair devices and consumables market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing incidence of hernia. Hernia is a condition in which an organ or tissue bulges through a weak spot in the muscle or connective tissue that surrounds it. This condition affects men and women equally and can occur at any age, but is more common in adults aged 40 years or older.
- Growing demand for minimally invasive procedures: The growth of the hernia repair devices and consumables market is also attributed to the growing demand for minimally invasive procedures across the globe. Minimally invasive surgery (MIS) involves smaller incisions than traditional open surgery, which leads to less pain, blood loss, scarring, and recovery time post-surgery. This has led to an increase in adoption of MIS techniques for various surgical procedures including hernia repair surgeries.
- Rising geriatric population: Another key factor driving growth of this market is rising geriatric population across the globe who are more susceptible to developing various types of hernias due to their weakened muscles and tissues with ageing process .This provides significant opportunities for players operating in this market as they focus on developing innovative products catering specifically towards this demographic group .
Scope Of The Report
Report Attributes
Report Details
Report Title
Hernia Repair Devices and Consumables Market Research Report
By Type
Fixation Devices, Consumables
By Application
Open Tension-Free Repair Surgery, Laparoscopic Surgery
By Companies
Allergan Plc. (LifeCell Corporation), B. Braun Melsungen AG, Baxter International, C.R. Bard, Cook Medical, Herniamesh, Johnson & Johnson (Ethicon Inc.), Medtronic, The Cooper Companies, W. L. Gore & Associates
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Hernia Repair Devices and Consumables Market Report Segments:
The global Hernia Repair Devices and Consumables market is segmented on the basis of:
Types
Fixation Devices, Consumables
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Open Tension-Free Repair Surgery, Laparoscopic Surgery
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Allergan Plc. (LifeCell Corporation)
- B. Braun Melsungen AG
- Baxter International
- C.R. Bard
- Cook Medical
- Herniamesh
- Johnson & Johnson (Ethicon Inc.)
- Medtronic
- The Cooper Companies
- W. L. Gore & Associates
Highlights of The Hernia Repair Devices and Consumables Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fixation Devices
- Consumables
- By Application:
- Open Tension-Free Repair Surgery
- Laparoscopic Surgery
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hernia Repair Devices and Consumables Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
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- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hernia Repair Devices and Consumables are medical devices and supplies used to repair hernias. These devices can help surgeons close the hernia sac, restore function to the bowel, or reduce pain.
Some of the key players operating in the hernia repair devices and consumables market are Allergan Plc. (LifeCell Corporation), B. Braun Melsungen AG, Baxter International, C.R. Bard, Cook Medical, Herniamesh, Johnson & Johnson (Ethicon Inc.), Medtronic, The Cooper Companies, W. L. Gore & Associates.
The hernia repair devices and consumables market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hernia Repair Devices and Consumables Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hernia Repair Devices and Consumables Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hernia Repair Devices and Consumables Market - Supply Chain
4.5. Global Hernia Repair Devices and Consumables Market Forecast
4.5.1. Hernia Repair Devices and Consumables Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hernia Repair Devices and Consumables Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hernia Repair Devices and Consumables Market Absolute $ Opportunity
5. Global Hernia Repair Devices and Consumables Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hernia Repair Devices and Consumables Market Size and Volume Forecast by Type
5.3.1. Fixation Devices
5.3.2. Consumables
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hernia Repair Devices and Consumables Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hernia Repair Devices and Consumables Market Size and Volume Forecast by Application
6.3.1. Open Tension-Free Repair Surgery
6.3.2. Laparoscopic Surgery
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hernia Repair Devices and Consumables Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hernia Repair Devices and Consumables Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hernia Repair Devices and Consumables Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hernia Repair Devices and Consumables Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hernia Repair Devices and Consumables Demand Share Forecast, 2019-2026
9. North America Hernia Repair Devices and Consumables Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hernia Repair Devices and Consumables Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hernia Repair Devices and Consumables Market Size and Volume Forecast by Application
9.4.1. Open Tension-Free Repair Surgery
9.4.2. Laparoscopic Surgery
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hernia Repair Devices and Consumables Market Size and Volume Forecast by Type
9.7.1. Fixation Devices
9.7.2. Consumables
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hernia Repair Devices and Consumables Demand Share Forecast, 2019-2026
10. Latin America Hernia Repair Devices and Consumables Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hernia Repair Devices and Consumables Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hernia Repair Devices and Consumables Market Size and Volume Forecast by Application
10.4.1. Open Tension-Free Repair Surgery
10.4.2. Laparoscopic Surgery
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hernia Repair Devices and Consumables Market Size and Volume Forecast by Type
10.7.1. Fixation Devices
10.7.2. Consumables
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hernia Repair Devices and Consumables Demand Share Forecast, 2019-2026
11. Europe Hernia Repair Devices and Consumables Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hernia Repair Devices and Consumables Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hernia Repair Devices and Consumables Market Size and Volume Forecast by Application
11.4.1. Open Tension-Free Repair Surgery
11.4.2. Laparoscopic Surgery
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hernia Repair Devices and Consumables Market Size and Volume Forecast by Type
11.7.1. Fixation Devices
11.7.2. Consumables
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hernia Repair Devices and Consumables Demand Share, 2019-2026
12. Asia Pacific Hernia Repair Devices and Consumables Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hernia Repair Devices and Consumables Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hernia Repair Devices and Consumables Market Size and Volume Forecast by Application
12.4.1. Open Tension-Free Repair Surgery
12.4.2. Laparoscopic Surgery
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hernia Repair Devices and Consumables Market Size and Volume Forecast by Type
12.7.1. Fixation Devices
12.7.2. Consumables
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hernia Repair Devices and Consumables Demand Share, 2019-2026
13. Middle East & Africa Hernia Repair Devices and Consumables Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hernia Repair Devices and Consumables Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hernia Repair Devices and Consumables Market Size and Volume Forecast by Application
13.4.1. Open Tension-Free Repair Surgery
13.4.2. Laparoscopic Surgery
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hernia Repair Devices and Consumables Market Size and Volume Forecast by Type
13.7.1. Fixation Devices
13.7.2. Consumables
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hernia Repair Devices and Consumables Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hernia Repair Devices and Consumables Market: Market Share Analysis
14.2. Hernia Repair Devices and Consumables Distributors and Customers
14.3. Hernia Repair Devices and Consumables Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Allergan Plc. (LifeCell Corporation)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. B. Braun Melsungen AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Baxter International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. C.R. Bard
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cook Medical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Herniamesh
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Johnson & Johnson (Ethicon Inc.)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Medtronic
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. The Cooper Companies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. W. L. Gore & Associates
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
