IQ4I Research & Consultancy Published a New Report on “Hernia Repair Devices Global Market – Forecast to 2022”

Boston, MA, January 26, 2017 --(PR.com)-- A hernia is the protrusion of an internal organs or tissues through a structure or muscle; the most common type occurs in the abdominal region. There are various types of hernias classified based on their anatomical locations into inguinal, incisional, umbilical and other types of hernias. Surgery is the most commonly recommended treatment for almost all types of hernia. Hernia repair devices are the medical devices that are used for the treatment of hernia and can be treated either by open surgery or laparoscopic surgery. Lately, robotic surgical techniques are also used to treat hernias, but they are expensive and are not adopted widely. According to IQ4I analysis, the Hernia repair devices global market is expected to reach $3,351.1 million by 2022.

Increasing demand for minimally invasive procedures, growing number of patients suffering from obesity, the rise in aging population and rising adoption of tension free repair procedures are driving the growth of hernia repair devices global market. However, Inconsistent reimbursements and high cost of hernia repair procedure, high implementation cost and stringent regulations posed on robotic surgery, operation failure in obese and Geriatric patients pose a threat of recurrence of hernia and also the risks and complications associated with hernia repair surgery and mesh are restraining the growth of hernia repair devices global market.

Technological advancements in hernia repair devices such as self-fixating (gripping) Mesh. The fixation of mesh at complex sites is considered as the major concern in this market as the inappropriate fixation of mesh increases the chances of hernia recurrence.Furthermore, medicine-eluting hernia meshes are a new advancement in this market which is in the development stage, these meshes elute medicines such as sirolimus at the hernia site to reduce the infection rate through its antimicrobial activity.

The Hernia repair devices global market is segmented based on their Hernia types, products, repair methods and geography. Among hernia types, inguinal hernia held the largest market share and is projected to keep the leading position. Among hernia repair Products, the hernia repair meshes held the largest market share, especially synthetic meshes. Among synthetic mesh types, the non-absorbable meshes held the largest market share. In hernia repair market by repair types, open-tension free repair held the largest market share. Increasing adoption and many of the advantages offered by laparoscopic tension free repair procedure will drive the adoption and are expected to grow at a faster rate.

Geographically, the market is segmented into North America, Europe, Asia-Pacific & RoW. North American region dominates followed by Europe, Asia Pacific & RoW

Some of the major companies operating in the hernia repair devices market are C. R. Bard, Inc., (U.S.), Medtronic, Inc, (Ireland), Atrium medical (Getinge) (Sweden), Aspide medical (France), Cook medical (U.S.), J&J (Ethicon) (U.S.), and are considered to be the leaders in this space with their marketed products and strong pipelines. Followed by B. Braun Melsungen AG (Germany), Acelity L.P. Inc. (U.S.), W. L. Gore & Associates, Inc. (U.S.), Insightra Medical Inc. (U.S.). Some of the other players are A.M.I. GmbH (Austria), Angiologica BM Srl (Italy), Cousin Biotech (France), DSM Biomedical B.V., (Netherlands), Integra Lifesciences (U.S.), Assut Europe S.p.A. (Italy), etc.