Hernia Repair Market - Forecast(2021 - 2026)

Report Code: HCR 97367 Report Format: PDF + Excel (Delivery in 48 Hrs)
Hernia Repair Market size in 2019 is estimated to be $4.5 billion, growing at a CAGR of 4.48% during the forecast period 2020-2025. Hernia is a type of disease in which the inner layers of abdominal muscles become weak. It can affect multiple areas such as navel, groin and others. Herniorrhaphy and hernioplasty are the common types of hernia surgery that helps to prevent hernia disease. Increasing prevalence of hernia and technological advancement are the major factors driving the growth of the market. Moreover, rising adoption of surgeries, growing awareness about hernia disease and rise in the number of medical procedures further enhance the overall market demand for hernia repair during the forecast period 2020-2025.

Report Coverage
The report: “Hernia Repair Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Hernia Repair Market:

By Product: Mesh, and Mesh Fixators
By Surgery Type: Open Tension-Free Repair Surgery, Laparoscopic Surgery, and Robotic-Assisted Hernia Repair
By Type: Umbilical, Incisional, Femoral, Inguinal, Paraumbilical, Epigastric, and Others
By End-Use: Ambulatory Surgical Centers, Clinics, Hospitals, and Others
By Geography: North America, Europe, Asia-Pacific, and Rest of World

Key Takeaways
  • In 2019, North America dominates the hernia repair market owing to increasing prevalence of hernia disorder cases and improved healthcare facilities.
  • Increased prevalence of hernia and technological advancements are driving the market growth of hernia repair. 
  • Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the hernia repair market report.
  • The high cost of meshes and long waiting times are challenging the growth of the market. 

Source Type - Segment Analysis
Based on the Product, hernia repair market is segmented into mesh and mesh fixators. The mesh fixators is forecast to be the fastest-growing segment and is estimated to grow at a CAGR of 3.6% during the forecast period 2020-2025. This is mainly owing to rising adoption of surgical glue. Moreover, avoiding pressure wounds and simple and effective surgery are contributing to the growth of this segment.

Type - Segment Analysis
Based on the Type, hernia repair market is segmented into umbilical, incisional, femoral, inguinal, paraumbilical, epigastric and others. In 2019, Inguinal hernia held the largest share in the hernia repair market. Inguinal Hernia are most common in people ages of 75 to 80 and the chances of having an inguinal hernia increases with age. Growing number of Inguinal hernia repair surgeries that are contributing to the growth of hernia repair market.

Geography - Segment Analysis
North America dominated the hernia repair market share accounting for 39% of the market in 2019. This is mainly owing to increasing prevalence of hernia disorder cases and improved healthcare facilities. According to U.S. Department of Health and Human Services, more than 1 million hernia repairs are performed each year in the U.S. and adoption of hernia repair is approximately 800,000 in the U.S. In addition, the presence of large number of hernia patients and an efficient and favorable healthcare system are contributing the growth of hernia repair market.
However, the Asia-Pacific region is forecast to be the fastest-growing during the forecast period 2020-2025. This is owing to increase in disposable incomes, growing awareness among patients regarding hernia surgical processes and increasing geriatric population.

Drivers –Hernia Repair Market 

  • Increasing Prevalence of Hernia
Increasing prevalence of neurological disorder and growing geriatric population are driving the growth of hernia repair market. According to National Center for Health Statistics, about 2% women and 25% men are suffering from hernia disease at least once in their lifetime. Moreover, rising prevalence of obesity are also set to increase the market growth. 

  • Technological Advancements
Technological Advancements and increased knowledge of hernia repair techniques are some factors driving the growth of the market. Recent advancements in hernia repair devices such as self-fixation mesh and the articulating mess devices are driving the market. Moreover, increasing adoption of minimally invasive surgical techniques and increasing awareness towards treatment further contribute to the growth of hernia repair market.

Challenges – Hernia Repair Market 
The high cost of meshes are limiting the growth of the market. Moreover, risk of infection and complications, long waiting times in surgery are further restraining the growth of the market during the forecast period 2020-2025.

Hernia Repair Industry Outlook
Product launches, Merger & Acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Hernia Repair Market. Hernia repair top 10 companies are B. Braun Melsungen AG, Cook Group Inc., Cousin Biotech, C.R. Bard, Medtronic, Dipromed, Ethicon Inc., FEG Textilechnik mbH, Herniamesh S.R.L., Integra Lifesciences, Allergan and MAQUET Holding B.V. & Co. KG.

Developments:
  • 4 April 2019: Cook Biotech has collaboration with Progressive Medical for Biodesign Hernia in U.S. that focused on overall cost effectiveness, efficiency, improved patients outcomes and safety.
  • 20 December 2019: Johnson & Johnson has acquisition with Verb Surgical Inc. for the development in medical technology including open surgery, laproscopic surgery for abdominal hernia and help to improve outcomes for patients around the world.

1. Hernia Repair Market Overview
    1.1 Definitions and Scope
2. Hernia Repair Market- Executive Summary
    2.1 Market Revenue, Market Size and Key Trends 
    2.2 Key trends by Product
    2.3 Key trends by Surgery Type
    2.4 Key trends by Type
    2.5 Key trends by End-Use
    2.6 Key trends by Geography
3. Hernia Repair Market Landscape
    3.1 Market Share Analysis- Key Companies
    3.2 Product Benchmarking- Key Companies
    3.3 Financial Analysis - Key Companies
    3.4 Patent Analysis - Key Companies
    3.5 Pricing Analysis
4. Hernia Repair Market - Startup companies Scenario Premium (Premium)
    4.1 Key startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Hernia Repair Market - Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of successful ventures
6. Hernia Repair Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power Of Suppliers
        6.3.2 Bargaining Powers Of Customers
        6.3.3 Threat Of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat Of Substitutes 
7. Hernia Repair Market - Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Hernia Repair Market – By Product (Market Size -$Million/$Billion)
    8.1 Mesh
        8.1.1 Synthetic Mesh
        8.1.2 Biologic Mesh
    8.2 Mesh Fixators
        8.2.1 Sutures
        8.2.2 Tack
        8.2.3 Glue
        8.2.4 Staple
9. Hernia Repair Market – By Surgery Type (Market Size -$Million/$Billion)
    9.1 Open Tension-Free Repair Surgery
    9.2 Laproscopic Surgery
    9.3 Robotic-Assisted Hernia Repair
10. Hernia Repair Market – By Type (Market Size -$Million/$Billion)
    10.1 Umbilical
    10.2 Incisional
    10.3 Femoral
    10.4 Inguinal
    10.5 Paraumbilical
    10.6 Epigastric
    10.7 Others
11. Hernia Repair Market – By End-Use (Market Size -$Million/$Billion)
    11.1 Ambulatory Surgical Centers
    11.2 Clinics
    11.3 Hospitals
    11.4 Others
12. Hernia Repair Market - By Geography (Market Size -$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 U.K.
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 Japan
        12.3.3 South Korea
        12.3.4 India
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific
    12.4 Rest of the World
        12.4.1 Middle East
        12.4.2 Africa
        12.4.3 South America
13. Hernia Repair Market – Entropy
14. Hernia Repair Market - Industry / Segment Competition landscape Premium (Premium)
    14.1 Market Share Analysis
        14.1.1 Market Share by Country- Key companies
        14.1.2 Market Share by Region- Key companies
        14.1.3 Market Share at Global Level- Key companies
        14.1.4 Best Practices for Companies
15. Hernia Repair Market - Key Company List by Country Premium (Premium)
16. Hernia Repair Market Company Analysis
    16.1 Company Revenue, Products, M&A, Developments
    16.2 Company 1
    16.3 Company 2
    16.4 Company 3
    16.5 Company 4
    16.6 Company 5
    16.7 Company 6
    16.8 Company 7
    16.9 Company 8
    16.10 Company 9
    16.11 Company 10 and more
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Hernia Repair Market, By Product Market 2019-2024 ($M)
1.1 Mesh Market 2019-2024 ($M) - Global Industry Research
1.1.1 Synthetic Mesh Market 2019-2024 ($M)
1.1.2 Biologic Mesh Market 2019-2024 ($M)
1.2 Mesh Fixators Market 2019-2024 ($M) - Global Industry Research
1.2.1 Suture Market 2019-2024 ($M)
1.2.2 Tack Applicator Market 2019-2024 ($M)
1.2.3 Glue Applicator Market 2019-2024 ($M)
2.Global Hernia Mesh Market, By Surgery Type Market 2019-2024 ($M)
2.1 Inguinal Hernia Market 2019-2024 ($M) - Global Industry Research
2.2 Incisional/Ventral Hernia Market 2019-2024 ($M) - Global Industry Research
2.3 Umbilical Hernia Market 2019-2024 ($M) - Global Industry Research
2.4 Femoral Hernia Market 2019-2024 ($M) - Global Industry Research
3.Global Hernia Repair Market, By Product Market 2019-2024 (Volume/Units)
3.1 Mesh Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Synthetic Mesh Market 2019-2024 (Volume/Units)
3.1.2 Biologic Mesh Market 2019-2024 (Volume/Units)
3.2 Mesh Fixators Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Suture Market 2019-2024 (Volume/Units)
3.2.2 Tack Applicator Market 2019-2024 (Volume/Units)
3.2.3 Glue Applicator Market 2019-2024 (Volume/Units)
4.Global Hernia Mesh Market, By Surgery Type Market 2019-2024 (Volume/Units)
4.1 Inguinal Hernia Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Incisional/Ventral Hernia Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Umbilical Hernia Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Femoral Hernia Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Hernia Repair Market, By Product Market 2019-2024 ($M)
5.1 Mesh Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Synthetic Mesh Market 2019-2024 ($M)
5.1.2 Biologic Mesh Market 2019-2024 ($M)
5.2 Mesh Fixators Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Suture Market 2019-2024 ($M)
5.2.2 Tack Applicator Market 2019-2024 ($M)
5.2.3 Glue Applicator Market 2019-2024 ($M)
6.North America Hernia Mesh Market, By Surgery Type Market 2019-2024 ($M)
6.1 Inguinal Hernia Market 2019-2024 ($M) - Regional Industry Research
6.2 Incisional/Ventral Hernia Market 2019-2024 ($M) - Regional Industry Research
6.3 Umbilical Hernia Market 2019-2024 ($M) - Regional Industry Research
6.4 Femoral Hernia Market 2019-2024 ($M) - Regional Industry Research
7.South America Hernia Repair Market, By Product Market 2019-2024 ($M)
7.1 Mesh Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Synthetic Mesh Market 2019-2024 ($M)
7.1.2 Biologic Mesh Market 2019-2024 ($M)
7.2 Mesh Fixators Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Suture Market 2019-2024 ($M)
7.2.2 Tack Applicator Market 2019-2024 ($M)
7.2.3 Glue Applicator Market 2019-2024 ($M)
8.South America Hernia Mesh Market, By Surgery Type Market 2019-2024 ($M)
8.1 Inguinal Hernia Market 2019-2024 ($M) - Regional Industry Research
8.2 Incisional/Ventral Hernia Market 2019-2024 ($M) - Regional Industry Research
8.3 Umbilical Hernia Market 2019-2024 ($M) - Regional Industry Research
8.4 Femoral Hernia Market 2019-2024 ($M) - Regional Industry Research
9.Europe Hernia Repair Market, By Product Market 2019-2024 ($M)
9.1 Mesh Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Synthetic Mesh Market 2019-2024 ($M)
9.1.2 Biologic Mesh Market 2019-2024 ($M)
9.2 Mesh Fixators Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Suture Market 2019-2024 ($M)
9.2.2 Tack Applicator Market 2019-2024 ($M)
9.2.3 Glue Applicator Market 2019-2024 ($M)
10.Europe Hernia Mesh Market, By Surgery Type Market 2019-2024 ($M)
10.1 Inguinal Hernia Market 2019-2024 ($M) - Regional Industry Research
10.2 Incisional/Ventral Hernia Market 2019-2024 ($M) - Regional Industry Research
10.3 Umbilical Hernia Market 2019-2024 ($M) - Regional Industry Research
10.4 Femoral Hernia Market 2019-2024 ($M) - Regional Industry Research
11.APAC Hernia Repair Market, By Product Market 2019-2024 ($M)
11.1 Mesh Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Synthetic Mesh Market 2019-2024 ($M)
11.1.2 Biologic Mesh Market 2019-2024 ($M)
11.2 Mesh Fixators Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Suture Market 2019-2024 ($M)
11.2.2 Tack Applicator Market 2019-2024 ($M)
11.2.3 Glue Applicator Market 2019-2024 ($M)
12.APAC Hernia Mesh Market, By Surgery Type Market 2019-2024 ($M)
12.1 Inguinal Hernia Market 2019-2024 ($M) - Regional Industry Research
12.2 Incisional/Ventral Hernia Market 2019-2024 ($M) - Regional Industry Research
12.3 Umbilical Hernia Market 2019-2024 ($M) - Regional Industry Research
12.4 Femoral Hernia Market 2019-2024 ($M) - Regional Industry Research
13.MENA Hernia Repair Market, By Product Market 2019-2024 ($M)
13.1 Mesh Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Synthetic Mesh Market 2019-2024 ($M)
13.1.2 Biologic Mesh Market 2019-2024 ($M)
13.2 Mesh Fixators Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Suture Market 2019-2024 ($M)
13.2.2 Tack Applicator Market 2019-2024 ($M)
13.2.3 Glue Applicator Market 2019-2024 ($M)
14.MENA Hernia Mesh Market, By Surgery Type Market 2019-2024 ($M)
14.1 Inguinal Hernia Market 2019-2024 ($M) - Regional Industry Research
14.2 Incisional/Ventral Hernia Market 2019-2024 ($M) - Regional Industry Research
14.3 Umbilical Hernia Market 2019-2024 ($M) - Regional Industry Research
14.4 Femoral Hernia Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Hernia Repair Market Revenue, 2019-2024 ($M)
2.Canada Hernia Repair Market Revenue, 2019-2024 ($M)
3.Mexico Hernia Repair Market Revenue, 2019-2024 ($M)
4.Brazil Hernia Repair Market Revenue, 2019-2024 ($M)
5.Argentina Hernia Repair Market Revenue, 2019-2024 ($M)
6.Peru Hernia Repair Market Revenue, 2019-2024 ($M)
7.Colombia Hernia Repair Market Revenue, 2019-2024 ($M)
8.Chile Hernia Repair Market Revenue, 2019-2024 ($M)
9.Rest of South America Hernia Repair Market Revenue, 2019-2024 ($M)
10.UK Hernia Repair Market Revenue, 2019-2024 ($M)
11.Germany Hernia Repair Market Revenue, 2019-2024 ($M)
12.France Hernia Repair Market Revenue, 2019-2024 ($M)
13.Italy Hernia Repair Market Revenue, 2019-2024 ($M)
14.Spain Hernia Repair Market Revenue, 2019-2024 ($M)
15.Rest of Europe Hernia Repair Market Revenue, 2019-2024 ($M)
16.China Hernia Repair Market Revenue, 2019-2024 ($M)
17.India Hernia Repair Market Revenue, 2019-2024 ($M)
18.Japan Hernia Repair Market Revenue, 2019-2024 ($M)
19.South Korea Hernia Repair Market Revenue, 2019-2024 ($M)
20.South Africa Hernia Repair Market Revenue, 2019-2024 ($M)
21.North America Hernia Repair By Application
22.South America Hernia Repair By Application
23.Europe Hernia Repair By Application
24.APAC Hernia Repair By Application
25.MENA Hernia Repair By Application
26.Aspide Medical, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.B. Braun Melsungen Ag, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Cook Medical, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Cousin Biotech, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.C.R. Bard, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Covidien, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Dipromed, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Ethicon, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Feg Textiltechnik Mbh, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Herniamesh, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Integra Lifesciences, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Lifecell, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Maquet Holding, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.Transeasy Medical Tech, Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.Via Surgical, Sales /Revenue, 2015-2018 ($Mn/$Bn)
41.W. L. Gore & Associate, Sales /Revenue, 2015-2018 ($Mn/$Bn)