KEY FINDINGS
The global hernia repair devices and consumables market is expected to record a CAGR of 3.71%, over the forecast period of 2021 to 2028. The primary factors attributed to the region's market growth include, the rising incidence of hernia, the growing acceptance of robotic surgeries, the increasing demand for tension-free repaid procedures for treating hernia, and the surging need for novel, and advanced meshes.
MARKET INSIGHTS
A hernia is characterized by the weakening of the inner layers of abdominal muscles, due to which, the abdomen lining bulges out into a sac. The condition can affect multiple areas, like groin (inguinal hernia), naval (umbilical hernia), and incision surgery site, also known as a post-surgery hernia.
Over the last decade, the acceptance of robotic surgeries, globally, is continually rising, owing to the high accuracy and consistency, as well as the minimal possibility of human-errors. Robots' arms are capable of improved range of motions, in addition to eliminating hand tremors. Moreover, such surgeries are characterized by their ability to render improved 3D visualization. Robotic laparoscopies alter the potential of calibrating intricate and complex hand gestures, while sanctioning delicate work in smaller areas. As a result, robotic assistance provides enhanced outcomes, particularly during repaid procedures of MI inguinal hernia.
There has also been an increase in strategic collaborations among medical device manufacturers and robotic surgical equipment developers, to fulfil the approaching requirements of robotic surgeries, worldwide.
REGIONAL INSIGHTS
The global hernia repair devices and consumables market growth analysis includes assessing the Asia Pacific, Europe, North America, and the rest of the world. Healthcare industries in the Asia Pacific observe significant growth, because of the rise in healthcare expenditure, increased medical tourism, and improvements across healthcare infrastructures. Moreover, the high prevalence of hernia in the region is anticipated to propel market growth, further. As a result, the Asia Pacific is projected to lead the global market, over the forecast period.
COMPETITIVE INSIGHTS
The industrial rivalry within the global hernia repair devices and consumables market is intense, owing to the low product differentiation among products supplied by manufacturers, and similar market positions held by players. Some of the prominent companies operating in the market include, Baxter International Inc, Allergan PLC (acquired by Abbvie), Braun Melsungen Inc, Johnson and Johnson (Ethicon Inc), Medtronic PLC, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Global Hernia Repair Devices And Consumables Market Forecast 2021-2028
Table of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Growing Acceptance Of Robotic Surgeries
3.1.2. Rising Incidence Of Hernia
3.1.3. Surging Requirement For Novel And Advanced Meshes
3.1.4. Increasing Demand For Tension Free Repair Procedures For Treating Hernia
3.2. Key Restraints
3.2.1. High Cost Associated With Hernia Repair Surgeries
3.2.2. Unreliable Reimbursement Policies And Frequent Lawsuits In Hernia Mesh Devices
4. Key Analytics
4.1. Porter's Five Force Analysis
4.1.1. Threat Of New Entry
4.1.2. Threat Of Substitution
4.1.3. Buyer's Power
4.1.4. Supplier's Power
4.1.5. Competitive Rivalry
4.2. Regulatory Framework
4.3. Impact Of Covid-19 On Hernia Repair Devices And Consumables Market
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Key Investment Insights
5. Market By Surgery Type
5.1. Open Tension-Free Repair Surgery
5.2. Laparoscopic Surgery
6. Market By Hernia Type
6.1. Inguinal Hernia
6.2. Incisional Hernia
6.3. Umbilical Hernia
6.4. Femoral Hernia
6.5. Other Hernia
7. Market By Product
7.1. Consumables
7.1.1. Synthetic Material Mesh
7.1.1.1. Absorbable Mesh
7.1.1.2. Non-Absorbable Mesh
7.1.2. Biological Material Mesh
7.2. Fixation Devices
7.2.1. Tack
7.2.1.1. Absorbable Mesh
7.2.1.2. Non-Absorbable Mesh
7.2.2. Other Fixation Devices
8. Geographical Analysis
8.1. North America
8.1.1. Market Size & Estimates
8.1.2. Key Growth Enablers
8.1.3. Key Challenges
8.1.4. Key Players
8.1.5. Country Analysis
8.1.5.1. United States
8.1.5.2. Canada
8.2. Europe
8.2.1. Market Size & Estimates
8.2.2. Key Growth Enablers
8.2.3. Key Challenges
8.2.4. Key Players
8.2.5. Country Analysis
8.2.5.1. Germany
8.2.5.2. United Kingdom
8.2.5.3. France
8.2.5.4. Italy
8.2.5.5. Russia
8.2.5.6. Belgium
8.2.5.7. Poland
8.2.5.8. Rest Of Europe
8.3. Asia Pacific
8.3.1. Market Size & Estimates
8.3.2. Key Growth Enablers
8.3.3. Key Challenges
8.3.4. Key Players
8.3.5. Country Analysis
8.3.5.1. China
8.3.5.2. Japan
8.3.5.3. Australia & New Zealand
8.3.5.4. India
8.3.5.5. South Korea
8.3.5.6. Thailand
8.3.5.7. Indonesia
8.3.5.8. Vietnam
8.3.5.9. Rest Of Asia Pacific
8.4. Rest Of World
8.4.1. Market Size & Estimates
8.4.2. Key Growth Enablers
8.4.3. Key Challenges
8.4.4. Key Players
8.4.5. Regional Analysis
8.4.5.1. Latin America
8.4.5.2. Middle East & Africa
9. Competitive Landscape
9.1. Key Strategic Developments
9.1.1. Merger & Acquisitions
9.1.2. Product Launch & Developments
9.1.3. Partnership, Contract/Agreement & Collaboration
9.1.4. Business Expansion/ Approval/ Announcement
9.2. Company Profiles
9.2.1. Allergan Plc (Acquired By Abbvie)
9.2.2. Baxter International Inc
9.2.3. Braun Melsungen Ag
9.2.4. Cook Medical Inc
9.2.5. Cr Bard (Acquired By Becton, Dickinson And Company)
9.2.6. Cryolife Inc
9.2.7. Herniamesh Srl
9.2.8. Integra Lifesciences Corporation
9.2.9. Johnson & Johnson (Ethicon Inc)
9.2.10. Medtronic Plc
9.2.11. The Cooper Companies
9.2.12. Via Surgical Ltd
9.2.13. Wl Gore & Associates (Gore)
9.2.14. Zimmer Biomet Inc
List of Tables
Table 1: Market Snapshot - Hernia Repair Devices And Consumables
Table 2: Average Cost Of Hernia Surgery
Table 3: Global Hernia Repair Devices And Consumables Market, By Surgery Type, Historical Years, 2016-2020 (In $ Million)
Table 4: Different Parameters Comparison Between Open Tension-Free Repair Surgery And Laparoscopic Surgery
Table 5: Global Hernia Repair Devices And Consumables Market, By Surgery Type, Forecast Years, 2021-2028 (In $ Million)
Table 6: Global Hernia Repair Devices And Consumables Market, By Surgery Type, Historical Years, 2016-2020 (In Units)
Table 7: Global Hernia Repair Devices And Consumables Market, By Surgery Type, Forecast Years, 2021-2028 (In Units)
Table 8: Global Open Tension-Free Repair Surgery Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 9: Global Open Tension-Free Repair Surgery Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 10: Global Open Tension-Free Repair Surgery Market, By Region, Historical Years, 2016-2020 (In Units)
Table 11: Global Open Tension-Free Repair Surgery Market, By Region, Forecast Years, 2021-2028 (In Units)
Table 12: Global Laparoscopic Surgery Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 13: Global Laparoscopic Surgery Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 14: Global Laparoscopic Surgery Market, By Region, Historical Years, 2016-2020 (In Units)
Table 15: Global Laparoscopic Surgery Market, By Region, Forecast Years, 2021-2028 (In Units)
Table 16: Global Hernia Repair Devices And Consumables Market, By Hernia Type, Historical Years, 2016-2020 (In $ Million)
Table 17: Global Hernia Repair Devices And Consumables Market, By Hernia Type, Forecast Years, 2021-2028 (In $ Million)
Table 18: Global Inguinal Hernia Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 19: Global Inguinal Hernia Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 20: Global Incisional Hernia Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 21: Global Incisional Hernia Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 22: Global Umbilical Hernia Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 23: Global Umbilical Hernia Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 24: Global Femoral Hernia Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 25: Global Femoral Hernia Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 26: Global Other Hernia Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 27: Global Other Hernia Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 28: Global Hernia Repair Devices And Consumables Market, By Product, Historical Years, 2016-2020 (In $ Million)
Table 29: Global Hernia Repair Devices And Consumables Market, By Product, Forecast Years, 2021-2028 (In $ Million)
Table 30: Global Consumables Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 31: Global Consumables Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 32: Global Consumables Market, By Type, Historical Years, 2016-2020 (In $ Million)
Table 33: Global Consumables Market, By Type, Forecast Years, 2021-2028 (In $ Million)
Table 34: Global Synthetic Material Mesh Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 35: Global Synthetic Material Mesh Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 36: Synthetic Mesh And Its Manufacturers
Table 37: Global Synthetic Material Mesh Market, By Type, Historical Years, 2016-2020 (In $ Million)
Table 38: Global Synthetic Material Mesh Market, By Type, Forecast Years, 2021-2028 (In $ Million)
Table 39: Global Absorbable Mesh Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 40: Global Absorbable Mesh Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 41: Global Non-Absorbable Mesh Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 42: Global Non-Absorbable Mesh Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 43: Global Biological Material Mesh Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 44: Global Biological Material Mesh Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 45: Types Of Fixation Devices
Table 46: Global Fixation Devices Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 47: Global Fixation Devices Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 48: Global Fixation Devices Market, By Type, Historical Years, 2016-2020 (In $ Million)
Table 49: Global Fixation Devices Market, By Type, Forecast Years, 2021-2028 (In $ Million)
Table 50: Global Tack Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 51: Global Tack Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 52: Global Absorbable Mesh Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 53: Global Absorbable Mesh Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 54: Global Non-Absorbable Mesh Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 55: Global Non-Absorbable Mesh Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 56: Global Other Fixation Devices Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 57: Global Other Fixation Devices Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 58: Global Hernia Repair Devices And Consumables Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 59: Global Hernia Repair Devices And Consumables Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 60: North America Hernia Repair Devices And Consumables Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 61: North America Hernia Repair Devices And Consumables Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 62: Leading Players Operating In North America Hernia Repair Devices And Consumables Market
Table 63: Europe Hernia Repair Devices And Consumables Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 64: Europe Hernia Repair Devices And Consumables Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 65: Leading Players Operating In Europe Hernia Repair Devices And Consumables Market
Table 66: Asia Pacific Hernia Repair Devices And Consumables Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 67: Asia Pacific Hernia Repair Devices And Consumables Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 68: Leading Players Operating In Asia Pacific Hernia Repair Devices And Consumables Market
Table 69: Rest Of World Hernia Repair Devices And Consumables Market, By Region, Historical Years, 2016-2020 (In $ Million)
Table 70: Rest Of World Hernia Repair Devices And Consumables Market, By Region, Forecast Years, 2021-2028 (In $ Million)
Table 71: Leading Players Operating In Rest Of World Hernia Repair Devices And Consumables Market
List of Figures
Figure 1: Porter's Five Force Analysis
Figure 2: Opportunity Matrix
Figure 3: Vendor Landscape
Figure 4: Key Investment Insights
Figure 5: Global Hernia Repair Devices And Consumables Market, By Surgery Type, In 2020
Figure 6: Global Hernia Repair Devices And Consumables Market, By Open Tension-Free Repair Surgery, 2021-2028 (In $ Million)
Figure 7: Global Hernia Repair Devices And Consumables Market, By Laparoscopic Surgery, 2021-2028 (In $ Million)
Figure 8: Global Hernia Repair Devices And Consumables Market, By Hernia Type, In 2020
Figure 9: Global Hernia Repair Devices And Consumables Market, By Inguinal Hernia, 2021-2028 (In $ Million)
Figure 10: Global Hernia Repair Devices And Consumables Market, By Incisional Hernia, 2021-2028 (In $ Million)
Figure 11: Global Hernia Repair Devices And Consumables Market, By Umbilical Hernia, 2021-2028 (In $ Million)
Figure 12: Global Hernia Repair Devices And Consumables Market, By Femoral Hernia, 2021-2028 (In $ Million)
Figure 13: Global Hernia Repair Devices And Consumables Market, By Other Hernia, 2021-2028 (In $ Million)
Figure 14: Global Hernia Repair Devices And Consumables Market, By Product, In 2020
Figure 15: Global Hernia Repair Devices And Consumables Market, By Consumables, 2021-2028 (In $ Million)
Figure 16: Global Hernia Repair Devices And Consumables Market, By Synthetic Material Mesh, 2021-2028 (In $ Million)
Figure 17: Global Synthetic Material Mesh Market, By Absorbable Mesh, 2021-2028 (In $ Million)
Figure 18: Global Synthetic Material Mesh Market, By Non-Absorbable Mesh, 2021-2028 (In $ Million)
Figure 19: Global Hernia Repair Devices And Consumables Market, By Biological Material Mesh, 2021-2028 (In $ Million)
Figure 20: Global Hernia Repair Devices And Consumables Market, By Fixation Devices, 2021-2028 (In $ Million)
Figure 21: Global Fixation Devices Market, By Tack, 2021-2028 (In $ Million)
Figure 22: Global Tack Market, By Absorbable Mesh, 2021-2028 (In $ Million)
Figure 23: Global Tack Market, By Non-Absorbable Mesh, 2021-2028 (In $ Million)
Figure 24: Global Hernia Repair Devices And Consumables Market, By Other Fixation Devices, 2021-2028 (In $ Million)
Figure 25: North America Hernia Repair Devices And Consumables Market, Regional Outlook, 2020 & 2028 (In %)
Figure 26: United States Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 27: Canada Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 28: Europe Hernia Repair Devices And Consumables Market, Country Outlook, 2020 & 2028 (In %)
Figure 29: Germany Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 30: United Kingdom Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 31: France Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 32: Italy Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 33: Russia Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 34: Belgium Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 35: Poland Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 36: Rest Of Europe Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 37: Asia Pacific Hernia Repair Devices And Consumables Market, Country Outlook, 2020 & 2028 (In %)
Figure 38: China Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 39: Japan Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 40: Australia & New Zealand Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 41: India Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 42: South Korea Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 43: Thailand Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 44: Indonesia Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 45: Vietnam Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 46: Rest Of Asia Pacific Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 47: Rest Of World Hernia Repair Devices And Consumables Market, Regional Outlook, 2020 & 2028 (In %)
Figure 48: Latin America Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
Figure 49: Middle East & Africa Hernia Repair Devices And Consumables Market, 2021-2028 (In $ Million)
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