DUBLIN--(BUSINESS WIRE)--Jun 6, 2018--The "Hernia Repair Market by Product (Mesh (Synthetic, Biologic), Mesh Fixation (Suture, Tack and Glue Applicator)), Surgery Type (Inguinal, Incisional/Ventral, Umbilical, Femoral), and Geography (America, Europe, Asia Pacific) - Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The hernia repair market is projected to reach USD 4.75 billion by 2023 from USD 4.09 billion in 2018, at a CAGR of 3.0%

Factors such as the increasing adoption of mesh in hernia repair surgeries, rising geriatric population, new product developments, and favorable reimbursement scenario in developed countries are driving the growth of this market. However, the unfavorable reimbursement scenario in developing countries, the high cost associated with mesh repair, and the development and adoption of new surgical techniques such as the Desarda technique are expected to restrain the growth of this market. Based on product, the market is segmented into hernia mesh and mesh fixators. The hernia mesh fixators segment is expected to register the highest growth rate during the forecast period, owing to the increasing awareness about the advantages associated with non-mechanical type of mesh fixators such as glue. The hernia mesh fixators market is segmented into sutures, tack applicators, and glue applicators. Based on surgery type, the hernia mesh market is segmented into inguinal hernia, incisional/ventral hernia, femoral hernia, and umbilical hernia. Of these, the inguinal hernia segment is expected to account for the largest market share in 2018. The large share of this segment is attributed to the high number of inguinal hernia repair surgeries performed worldwide every year.

Key Topics Covered:

1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Hernia Repair Market, By Product 7 Hernia Mesh Market, By Surgery Type 8 Hernia Repair Market, By Region 9 Competitive Landscape 10 Company Profiles

Aspide Medical B. Braun Melsungen AG Cook Medical (Part of Cook Group Inc.) Cousin Biotech C.R. Bard (A Becton, Dickinson and Company) Covidien (Part of Medtronic) Dipromed Ethicon (Part of Johnson & Johnson) Feg Textiltechnik MBH Herniamesh Integra Lifesciences Lifecell (Part of Allergan PLC) Maquet Holding (Part of Getinge AB) Transeasy Medical Tech Via Surgical W. L. Gore & Associates

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Related Topics:Surgical Procedures

KEYWORD:

INDUSTRY KEYWORD: SURGERY HEALTH BIOTECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/06/2018 08:38 AM/DISC: 06/06/2018 08:38 AM

http://www.businesswire.com/news/home/20180606005702/en