At 4.6% CAGR, Global Hernia Repair Devices Market to Surpass US$ 6.2 Bn By 2024, Forecast Report By Zion Market Research

Hernia Repair Devices Market

The report covers forecasts and analysis for hernia repair devices on a global and regional level. The study provides historical data from 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the hernia repair devices market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the hernia repair devices market on a global as well as regional level.

In order to give the users of this report a comprehensive view of the hernia repair devices market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein the market segmentation by mesh, by fixation, by approach, procedure, by care setting, and by region are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides a company market share analysis in order to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions mergers, new product launches, agreements, partnerships, collaborations joint ventures, and regional expansion of major participants involved in the market on a global and regional basis.

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The study provides a decisive view of the hernia repair devices market by segmenting the market based on mesh, fixation, approach, procedure, care setting, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. Based on mesh, the hernia repair devices market is segmented into synthetic and biological. Based on fixation, the hernia repair devices market is segmented as tack, suture, staple, and glue. By fixation segment, tack is expected to acquire the largest market value share due to its high cost as compared to the other devices used for fixation. The increasing adoption of glue in the hernia repair device market is propelling its growth with the highest CAGR in the global market over the forecast period. Based on the approach, the hernia repair devices market is segmented as laparoscopic and open. By approach segment, open is covering the largest market value share in the hernia repair device market. Based on the procedure, the hernia repair devices market is segmented as femoral, umbilical, incisional/ventral, inguinal, and others. By procedure inguinal is estimated to hold the highest market value share, followed by incisional/ventral and umbilical hernia. Based on the care setting, the hernia repair devices market is segmented as in-patient and out-patient

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East Africa with it further divided into major countries including the U.S. Canada, Germany, France, the UK, China, Japan, India, and Brazil.

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The report also includes detailed profiles of end players such as include Cook Medical Inc., Cooper Surgicals Inc., Baxter International Inc., B. Braun Melsungen AG, LifeCell Corporation, W. L. Gore Associates, Inc., C.R. Bard, Herniamesh S. R. L, Ethicon, Inc., Medtronic Plc, Atrium Medical Corporation, Purple Surgical International Ltd., Integra LifeSciences, Betatech Medikal, Insightra Medical Inc., and others.

This report segments the global hernia repair devices market as follows: