Global Hernia Repair Devices and Consumables Market - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013-2020

  • ID: 3197607
  • Report
  • Region: Global
  • 120 pages
  • Allied Analytics LLP
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The Global Hernia Repair Devices and Consumables Market is Forecast to Grow at a CAGR of 6.5 by 2020

FEATURED COMPANIES

  • B. Braun Melsungen AG
  • Baxter International
  • Cook medicals
  • Cooper Surgicals Inc.
  • Insightra Medical Inc.
  • Life Cell
  • MORE
A hernia is a type of disease in which the inner layers of abdominal muscle become weakened and the lining of the abdomen then bulges out into a small sac. Hernias can occur in several places, such as the navel (umbilical hernia), groin (inguinal hernia), and at the incision site of surgery (post-surgery hernia). Hernia can be treated in two ways, i.e. watchful waiting and surgical procedures. The surgical procedures involves two approach, namely, open tension-free repair surgery and laparoscopy. These surgeries are performed using mesh, made-up of biological or synthetic material with the help fixation devices. Owing to the aforementioned factors, the global hernia repair devices and consumables market was valued at $3.9 billion in 2013.

The market is segmented based on the product types- devices (fixation devices) and consumables (mesh, tacks and staples). Currently, the consumables constitute to the largest market share of about 87% of the global hernia repair devices and consumables market and would likely to grow at faster rate in the near future.

The market is also segmented based on the types of hernia, namely, incisional hernia, inguinal hernia, umbilical hernia, femoral hernia and other hernia (hiatal hernia and epigastric hernia). Inguinal hernia is the most common type of hernia accounting for ~75% of the total market. About 20 million inguinal surgeries are performed annually across the globe and the number would eventually increase in coming years. Moreover, the number incisional hernia patients are likely to increase due to the increasing cases of post-surgical complication. Owing to afore mention factor, the incisional hernia is the fastest growing segment among the other types of hernia registering a CAGR of 8.6% during the forecast period.

Geographically, the hernia repair devices and consumable market is segmented into North America, Europe, Asia-Pacific and LAMEA. North America holds the largest market share followed by Europe. Presence of large obese population, changing lifestyle, early adoption of technologically advanced products and increase incidences of hernia in these region are driving the growth of the hernia repair devices and consumable market. The key player includes, Medtronic (Covidien), Ethicon (Johnson and Johnson), Davol (C R Bard), Cooper Surgicals, Cook Medicals, LifeCell Corporation, Insightra medical, B Braun Melsungen, W. L. Gore Inc., and Baxter Inc.

Key Benefits:

- Competitive landscape of the global hernia repair devices and consumables market helps to understand strategies adopted by various companies for growth.

- Comprehensive analysis of factors that drive and restrict growth of the hernia repair devices and consumables market is provided. For example, rising number of hernia patients drives the global hernia repair devices and consumables market; however, unfavorable reimbursement policies are likely to be a restraint of the market.

- Market conditions of global hernia repair devices and consumables across all geographic regions are comprehensively analyzed.
Development of technologically advanced products such as absorbable and non-absorbable meshes and devices, and synthetic and biological meshes are tracked.

- Porter’s Five Forces model gives an in-depth analysis of the bargaining power of buyers and suppliers, threats of new entrants and substitutes and competition amongst the key market players.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • B. Braun Melsungen AG
  • Baxter International
  • Cook medicals
  • Cooper Surgicals Inc.
  • Insightra Medical Inc.
  • Life Cell
  • MORE
CHAPTER 1: INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Key market segmentation
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMERY
2.1 CXO perspective
2.2 Market beyond what to expect by 2025 ($million)
2.2.1 Moderate growth scenario
2.2.2 Rapid growth scenario
2.2.3 Diminishing growth scenario

CHAPTER 3: MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top factors impacting on global hernia device and consumables market
3.2.2 Top investment pockets of global hernia device and consumables market
3.2.3 Top winning strategies of global hernia device and consumables market
3.3 Porter’s five force analysis
3.3.1 Bargaining power of buyers (moderately high)
3.3.1 Bargaining power of suppliers (low)
3.3.2 Threat of new entrants (high)
3.3.3 Players Threat of substitutes ( low)
3.3.4 Intense competitive rivalry
Value chain analysis
3.4.1 Primary activities
3.4.2 Support Activities
Government regulations
3.5.1 Hernia repair devices regulation in United States and Europe
3.5.2 Reimbursements
Market player positioning
Clinical trials
Patent analysis (2011-2014)
3.8.1 Patent analysis by geography
3.8.2 U.S. Patent ana lysis by market participants
Market dynamics
3.9.1 Drivers
3.9.1.1 Increasing acceptance of tension-free repair procedures
3.9.1.2 Rising demand for advanced meshes
3.9.1.3 Increasing acceptance of robotic surgeries
3.9.1.4 large population base
3.9.1.5 High recurrence rate
3.9.2 Restraints
3.9.2.1 High Cost for the development of hernia repair devices
3.9.2.2 Inconsistent reimbursement policies
3.9.3 Opportunities
3.9.3.1 Advancements in hernia devices
3.9.3.2 Opportunities in Emerging Economies
3.9.3.3 Collaborative approaches of legal authorities across emerging economies

CHAPTER 4: GLOBAL HERNIA DEVICES AND CONSUMABLES MARKET, BY TYPE, 2013-2020, $MILLION
4.1 Fixation devices
4.1.1 Key market trends
4.1.2 Key growth factors and opportunities
4.1.3 Market size and forecast
4.2 Consumables
4.2.1 Mesh
4.2.1.1 Synthetic material
4.2.1.1.1 ABSORBABLE MESH
4.2.1.1.2 NON-ABSORBABLE MESH
4.2.1.2 Biological material
4.2.2 Key market trends
4.2.3 Key growth factors and opportunities
4.2.4 Market size and forecast

CHAPTER 5: GLOBAL HERNIA REPAIR DEVICES AND CONSUMABLES MARKET, BY SURGERY TYPES, 2013-2020($MILLION)
5.1 Open ten sion-free repair
5.2 Laparoscopic surgery

CHAPTER 6: GLOBAL HERNIA REPAIR DEVICES AND CONSUMABLES MARKET, BY TYPE, 2013-2020($MILLION)
6.1 Incisional hernia
6.2 Umbilical hernia
6.3 Inguinal Hernia
6.4 Femoral Hernia
6.5 Others

CHAPTER 7: GLOBAL HERNIA DEVICES AND CONSUMABLE MARKET BY GEOGRAPHY, 2013-2020, $ MILLION
7.1 Market size and forecast
7.2 North America
7.2.1 Key market trends
7.2.2 Key growth fa ctors and opportunities
7.2.3 Market size and forecast
7.3 Europe
7.3.1 Key market trends
7.3.2 Key growth factors and opportunities
7.3.3 Market size and forecast
7.4 Asia-Pacific
7.4.1 Key market trends
7.4.2 Key growth fa ctors and opportunities
7.4.3 Market size and forecast
7.5 LAMEA
7.5.1 Key market trends
7.5.2 Key growth factors and opportunities
7.5.3 Market size and forecast

CHAPTER 8: COMPANY PROFILE
8.1 B. Braun Melsungen AG
8.1.1 Company overview
8.1.2 B. Braun Melsungen AG snapshot
8.1.3 Operating busin ess segment overview
8.1.4 Business performance
8.1.5 SWOT analysis o f B. Braun Melsungen AG
8.2 Baxter International
8.2.1 Company overview
8.2.2 Baxter international company snapshot
8.2.3 Business performance
8.2.4 Strategic move and development
8.2.5 SWOT analysis of Baxter International
8.3 C.R. Bard Medicals ( Davol Inc)
8.3.1 Company overview
8.3.2 C R Bard Medicals company snapshot
8.3.3 Operating s egment overview
8.3.4 Business performance
8.3.5 Strategic mo ves and developments
8.3.6 SWOT analysis of CR Bard Medicals
8.4 W.L. Gore & Associates Inc
8.4.1 Company overview
8.4.2 W. L. Gore & Associates, Inc company snapshot
8.4.3 Operating segment overview
8.4.4 Business performance
8.4.5 SWOT analysis of W.L gore & associates inc.
8.5 Life Cell
8.5.1 Company overview
8.5.2 Life Cell company snapshot
8.5.3 Operating segment overview
8.5.4 Business performance
8.5.5 Strategic moves and developments
8.5.6 SWOT analysis of Lifecell corporation
8.6 Cooper Surgicals Inc.
8.6.1 Company overview
8.6.2 Company snapshot
8.6.3 Operating s egment overview
8.6.4 SWOT analysis of Cooper Surgical Inc
8.7 Ethicon Inc. (A J&J Subsidiary)
8.7.1 Company overview
8.7.2 Ethicon Inc Company snapshot
8.7.3 Operating segment overview
8.7.4 Business performance
8.7.5 SWOT analysis of Ethicon Inc.
8.8 Medtronic, Inc. ( Covidien, acquired by Medtronic)
8.8.1 Company overview
8.8.2 Medtronic, Inc. snapshots
8.8.3 Operating business segment overview
8.8.4 Business performance
8.8.5 Strategic moves and developments
8.8.6 SWOT analysis of Medtronic Inc.
8.9 Cook Medicals
8.9.1 Company overview
8.9.2 Cook medical company snapshot
8.9.3 Operating segment overview
8.9.4 Strategic moves and developments
8.9.5 SWOT analysis of Cook Medicals
8.10 Insightra Medical Inc.
8.10.1 Company overview
8.10.2 Insightra medical company snapshot
8.10.3 Operating segment overview
8.10.4 Strategic moves and developments
8.10.5 SWOT analysis of Insightra medical Inc.

List of Figures
Fig. 1 Impact Analysis Of Moderate Growth Scenario (2020-2025)
Fig. 2 Impact Analysis Of Rapid Growth Scenario (2020-2025)
Fig. 3 Impact Analysis Of Diminishing Growth Scenario (2020-2025)
Fig. 4 Top Factors Impacting Global Hernia Repair Devices Market (2014-2020)
Fig. 5 Top Investment Pockets Of Global Hernia Devices And Consumables Market By Product Type
Fig. 6 Top Winning Strategies For Global Hernia Repair Devices Market (2011-2013)
Fig. 7 Top Winning Strategirs By Key Market Players
Fig. 8 Porter Five Forces Model For Hernia Repair Devices And Consumables Market
Fig. 9 Market Player Positioning Of Hernia Repair Devices And Consumables Market, 2014, (Million)
Fig. 10 Patent Analysis By Geography (2011-2014)
Fig. 11 U.S. Patent Analysis By Market Participants(2011–2014)
Fig. 12 Europe Patent Analysis (2011–2014)
Fig. 13 Recurrence Rate Of Hernia Types
Fig. 14 Different Type Of Hernias With Percentage Share In Africa
Fig. 15 Nguinal Vs Inguinoscrotal Hernias In Africa
Fig. 16 Financial Revenue Of Aesculap Inc. By Geography(Total Revenue Generated By B. Braun Melsungen Ag In 2013)
Fig. 17 Financial Revenue Of Aesculap Inc. By Business Group (Total Revenue Generated By B. Braun Melsungen Ag In 2013)
Fig. 18 Swot Analysis Of B. Braun Melsungen Ag
Fig. 19 Baxter International Revenue By Business Segments (2013)
Fig. 20 Baxter International Revenue By Geography (2013)
Fig. 21 Swot Analysis Of Baxter International
Fig. 22 C R Bard Medicals (Davol Inc). Financial Performance, 2012-2013 ($Million))
Fig. 23 Financial Revenue Of C R Bard Medicals (Davol Inc.) By Product Group, 2013 ($Million)
Fig. 24 Swot Analysis Of C R Bard Medicals
Fig. 25 Swot Analysis Of W.L Gore & Associates Inc.
Fig. 26 Life Cell Financial Performance ($Million)
Fig. 27 Swot Analysis Of Lifecell Corporation
Fig. 28 Swot Analysis Of Coopersurgicals Inc
Fig. 29 Financial Revenue Of Ethicon Inc. By Geography(Total Revenue Generated By Johnson & Johnson In 2013)
Fig. 30 Financial Revenue Of Ethicon Inc. By Business Group (Total Revenue Generated By Johnson & Johnson In 2013)
Fig. 31 Swot Analysis Of Ethicon Inc.
Fig. 32 Financial Revenue Of Medtronic Inc. By Geography(2013)
Fig. 33 Financial Revenue Medtronic Inc. By Business Group(2013)
Fig. 34 Swot Analysis Of Medtronic Inc.
Fig. 35 Swot Analysis Of Cook Medicals
Fig. 36 . Swot Analysis Of Insightra Medical Inc

List Of Tables
Table 1 Global Hernia Devices And Consumables Market Moderate Growth Scenario, 2020-2025, ($Million)
Table 2 Global Hernia Devices And Consumables Market Rapid Growth Scenario, 2020-2025, ($Million)
Table 3 Global Hernia Devices And Consumables Market Diminishing Growth Scenario, 2020-2025, ($Million)
Table 4 Value Chain Analysis Of Hernia Devices And Consumables Market
Table 5 Cfr Document Reference For Hernia Repair Devices
Table 6 Clinical Trials- Hernia Devices And Consumables Market
Table 7 Hernia Devices Patent
Table 8 Global Hernia Devices And Consumables Market, 2013-2020,($Million)
Table 9 Types Of Fixation Devices
Table 10 Global Hernia Repair Devices Market, By Geography, 2013-2020, $Million
Table 11 Types Of Synthetic Mesh And Its Manufacturers
Table 12 Characteristics Of Mesh
Table 13 Types Of Biological Mesh And Its Manufacturers
Table 14 Advantages And Disadvantages Of Different Types Of Mesh
Table 15 Types Of Mesh
Table 16 Global Hernia Consumables Market, By Geography, 2013-2020, $Million
Table 17 Comparative Analysis Between Open Tension And Laparoscopic Approach
Table 18 Global Hernia Devices And Consumables Market, By Hernia Types, 2013-2020, $ Million
Table 19 Global Hernia Repair Devices And Consumables Market, By Geography, 2013-2020 ($Million)
Table 20 North America Hernia Repair Devices And Consumables Market, By Geography, 2013-2020 ($Million)
Table 21 Europe Hernia Repair Devices And Consumables Market, 2013-2020 ($Million)
Table 22 Asia Pacific Hernia Repair Devices And Consumables Market, 2013-2020 ($Million)
Table 23 Lamea Hernia Repair Devices And Consumables Market, 2013-2020 ($Million)
Table 24 B. Braun Melsungen Ag Snapshot
Table 25 B. Braun Melsungen Ag Operating Segements
Table 26 Baxter International Snapshot
Table 27 C R Bard Medicals Snapshot
Table 28 C R Bard Medicals (Davol Inc.) Segment Overview
Table 29 W.L Gore & Associates Inc. Company Snapshot
Table 30 W.L Gore & Associates Inc. Operating Segments Overview
Table 31 Lifecell Company Snapshot
Table 32 Life Cell Operating Segment Overview
Table 33 Coopersurgicals Inc. Company Snapshot
Table 34 Coopersurgical Inc. Operating Segment Overview
Table 35 Ethicon Inc Company Snapshot
Table 36 Ethicon Inc. Operating Segments Overview
Table 37 Medtronic Inc. Snapshot
Table 38 Medtronic Inc. Operating Segements
Table 39 Cook Medical Company Snapshot
Table 40 Cook Medical Operating Segment Overview
Table 41 Insightra Medical Inc. Company Snapshot
Table 42 Insightra Medical Inc. Operating Segment Overview
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FEATURED COMPANIES

  • B. Braun Melsungen AG
  • Baxter International
  • Cook medicals
  • Cooper Surgicals Inc.
  • Insightra Medical Inc.
  • Life Cell
  • MORE
"Global Hernia Repair Devices and Consumables Market - Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 -2020", forecasts the market to grow at a CAGR of 6.5% during 2014 - 2020. Consumables (mesh, staple and tacks) segment would continue to be the leading segment of the global hernia repair market in 2020, largely due to the augmentation in hernia cases, recurrence rate and emergence of advanced meshes.

An increase in the number of hernia repair surgeries (laparoscopy and open tension-free repair) would be the prime factor responsible for the market growth during the forecast period. As per this analysis, the total number of hernia repair surgery was ~27 million in 2013 and is expected to reach ~36 million by 2020. Furthermore, other factors driving the market include emergence of novel meshes, technologically advanced hernia fixation devices and growing obese population. However, lack of adequate reimbursement policies and high cost associated with hernia repair procedures would restrain the market growth to a certain extent.Healthcare professionals still prefer synthetic mesh for hernia repair surgeries despite of chronic pain associated with it. However, biological meshes would be the ultimate choice for patient with high risk. Popularity of synthetic mesh is largely due to the attributes such as cost effectiveness, lesser risk of infection (less than 3%) and hard-wearing (remain permanently in the body). In case of biological mesh, it has few limitations such as risk of infection and less stronger as compared to synthetic mesh. Ongoing improvements in meshes such as absorbable, non-absorbable or partially absorbable is also a significant factor fuelling the consumables market.

Inguinal hernia is most prevalent type of hernia across the world and hence accounted for about 3/4th of the hernia repair market revenue in 2014. Geographically, North America and Europe, collectively contribute ~75% of the market share in 2013 due to increasing adoption of laparoscopic surgery and rising incidences of hernia. Asia-Pacific and LAMEA market is posed to grow at a significant pace due to increasing awareness and rising per capita expenditure on healthcare.

Key findings of the study:

- Consumables segment is most attractive segment with faster growth and higher revenue share within hernia repair market.

- North America will remain the leading region through 2020, closely followed by Europe.

- Incisional Hernia is expected to be the fastest growing market segment during the forecast period.

- Key product manufacturing companies profiled in the report include Medtronic (Covidien), Ethicon, Davol, Cooper Surgicals, Cook Medicals, LifeCell Corporation, Insightra medical, B Braun Melsungen, W. L. Gore Inc. and Baxter Inc.
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- B. Braun Melsungen AG
- Baxter International
- Cook medicals
- Cooper Surgicals Inc.
- C.R. Bard Medicals (Davol Inc.)
- Ethicon Inc. (A J&J Subsidiary)
- Insightra Medical Inc.
- Life Cell
- Medtronic (Covidien, acquired by Medtronic)
- W.L. Gore & Associates Inc
Note: Product cover images may vary from those shown
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