Hernia Repair Market Analysis, Size, Trends | 2018-2024 | MedCore

Hernia Repair Market Analysis, Size, Trends | 2018-2024 | MedCore

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  • Year: 2018
  • Scope: 2014-2024
  • Region: Europe, United States
  • Pages: 1172
  • Type: MedCore

Industry Trends

Throughout the forecast period, the ventral hernia market share will increase at the expense of the inguinal hernia market. This shift will be a result of lower growth in the inguinal hernia market, compared to the ventral hernia repair market, and not an actual decline in the inguinal hernia market. The rising frequency of elderly and obese individuals will contribute to the continuous increase in the number of hernia repair procedures, which, in turn, will lead to demand for all types of hernia repair devices.

A hernia is a condition in which part of the intestine bulges through a weak area in the abdominal muscles. Hernias can cause pain and discomfort in the patient, and in more severe cases, can even cause the twisting of the intestine, which would subsequently require removal. Hernia repair involves re-positioning the intestine into the body cavity. It is one of the most commonly performed procedures in Europe and the U.S. The rising demand for hernia repair is intrinsically linked to the growing elderly and obese populations, as individuals from these groups are at a high risk of developing a hernia during surgical procedures.

Report Regional Coverage

Throughout this research series, iData has covered several countries in great detail. Each country may be purchased as a stand-alone report, tailoring the data to your needs. The covered countries are:

  • United States
  • Europe (15 countries including: Germany, France, U.K., Italy, Spain, Benelux (Belgium, Netherlands and Luxembourg), Scandinavia (Denmark, Finland, Norway and Sweden) Austria, Switzerland and Portugal)

 

The Only Medical Device Market Research With:

Unit Sales Growth Analysis
Average Selling Prices
Competitor Shares by Segment & Country
 SKU-Level Research Methods
 The Lowest Acquisition Cost

Highly Detailed Segmentation

  • Ventral Hernia Repair Market
  • Inguinal Hernia Repair Market

*Not all segments covered in each country

Report Data Types Included

  • Unit Sales, Average Selling Prices, Market Value & Growth Trends
  • 10 Year Scope (3 Year Historical + 7 Year Forecast Period)
  • Market Drivers & Limiters for Each Segment
  • Competitive Analysis with Market Shares
  • Product Portfolios
  • Related Press Releases from Top Competitors

Hernia Repair Market Share Insights

The leading competitor in the U.S. hernia repair market is C. R. Bard. The company competed in the allograft, xenograft and alloplast segments. In the allograft segment, C.R. Bard offers an ADM device, AlloMax™. AlloMax™ undergoes a process of tissue-graft cleaning and preservation known as the Tutoplast® process beginning with a comprehensive donor screening, followed by standard serological screens. This product is used mostly for ventral hernia repair but can also be used for inguinal hernia repair.

The leading competitor in the European hernia repair market is Medtronic, and the company’s product line includes a biologic matrix and synthetic mesh. The company led the biologic segment. Their flagship product, Permacol™, is an ADM derived from porcine dermis.  The product is purified using a gentle process that is not damaging to the 3D collagen matrix, before being chemically cross-linked with non-calcifying hexamethylene diisocyanate (HMDI). This purification process separates this product from other biologic tissues as it makes the product highly resistant to breakdown collagenases.

Other companies analyzed include: Ethicon, Aesculap/B. Braun, LifeCell, Cook Medical, and Tutogen.

All Companies Analyzed in this Study

  • ACell
  • Aesculap/B. Braun
  • Ariste Medical
  • Atrium Medical
  • Baxter
  • Cook Medical
  • C.R. Bard
  • DECOmed
  • DePuy Synthes
  • Epiflex
  • Ethicon
  • Integra LifeSciences
  • Lifecell
  • Medtronic
  • MTF
  • Novus Scientific
  • Polytech Health and Aesthetics
  • Q Medical
  • Synovis/Baxter
  • Tutogen
  •  Vedise Hospital
  • WL Gore
  • Xtant Medical

About Our In-Depth MedCore Research

Our analysts meticulously research for up to 3 to 4 months to put together one suite of reports (MedSuite), which is a comprehensive analysis on a group of healthcare markets. A MedCore is one portion of that analysis that focuses on one market segment, and provides further detailed segmentation to get a much more granular set of market data.

This MedCore is also found in the full report suite titled Soft Tissue Repair Market which contains several other extremities medical device markets.







iData’s 9-Step Research Methodology

Our reports follow an in-depth 9-step methodology which focuses on the following research systems:

  • Original primary research that consists of the most up-to-date market data
  • Strong foundation of quantitative and qualitative research
  • Focused on the needs and strategic challenges of the industry participants

Step 1: Project Initiation & Team Selection During this preliminary investigation, all staff members involved in the industry discusses the topic in detail.

Step 2: Prepare Data Systems and Perform Secondary Research The first task of the research team is to prepare for the data collection process: Filing systems and relational databases are developed as needed.

Step 3: Preparation for Interviews & Questionnaire Design The core of all iData research reports is primary market research. Interviews with industry insiders represent the single most reliable way to obtain accurate, current data about market conditions, trends, threats and opportunities.

Step 4: Performing Primary Research At this stage, interviews are performed using contacts and information acquired in the secondary research phase.

Step 5: Research Analysis: Establishing Baseline Estimates Following the completion of the primary research phase, the collected information must be synthesized into an accurate view of the market status. The most important question is the current state of the market.

Step 6: Market Forecast and Analysis iData Research uses a proprietary method to combine statistical data and opinions of industry experts to forecast future market values.

Step 7: Identify Strategic Opportunities iData analysts identify in broad terms why some companies are gaining or losing share within a given market segment.

Step 8: Final Review and Market Release An integral part of the iData research methodology is a built-in philosophy of quality control and continuing improvement is integral to the iData philosophy.

Step 9: Customer Feedback and Market Monitoring iData philosophy of continuous improvement requires that reports and consulting projects be monitored after release for customer feedback and market accuracy.

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