Europe Hernia Repair Devices Market By Mesh (Synthetic Mesh, Biological Mesh, Surgical Implants, Polymeric and Prosthetics Mesh, Others), Fixators (Sutures, Tack Applicators, Glue Applicators and Staple Applicators), Approach (Laparoscopic, Open), Surgery Type (Inguinal Hernia, Incisional/Ventral Hernia, Umbilical Hernia, Femoral Hernia, Others), Care Setting (In-Patient, Out-Patient), End User (Hospitals, Clinic, Ambulatory Surgical Centers, Others), Country (Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe) - Industry Trends and Forecast to 2026
Market Analysis: Europe Hernia Repair Devices Market
Europe hernia repair devices market is registering a substantial CAGR in the forecast period of 2019-2026. This growth in market value can be attributed to growing Incidents of hernia and constant advances in technology.
Market Definition: Europe Hernia Repair Devices Market
Hernia is the expansion of the organ and tissue over an abnormal distance, the heart protrudes through the surface of the tissues and muscles. Organs that swell are typically abdominal fatty tissues or intestinal sections and are expected to exist in a thin membrane which forms the inside of the cavity. The two famous hernia repair procedures are laparoscopic hernia repair surgery and open voltage repair operation. Such operations are conducted using consumer-based repair tools or surgery.
- Rising aging population, is expected to drive the market growth
- Increasing demand for advanced meshes, drives the market growth
- Increasing development in Wireless X-Ray Detectors, drives the market growth
- New technological development in hernia repair devices, drives the growth of market
- Complication of hernia repair surgery, hindering the market growth
- Lack of experienced professional, impacts on the growth of market
- Inconsistent compensation and high cost of hernia repair devices, hampering the growth of market
Segmentation: Europe Hernia Repair Devices Market
- Synthetic Mesh
- Biological Mesh
- Surgical Implants
- Polymeric and Prosthetics Mesh
- Tack Applicators
- Glue Applicators
- Staple Applicators
By Surgery Type
- Inguinal Hernia
- Incisional/Ventral Hernia
- Umbilical Hernia
- Femoral Hernia
By Care Setting
By End User
- Ambulatory Surgical Centers
- Rest of Europe
Key Developments in the Market:
- In January 2019, TELA Bio, Inc., a surgical restoration corporation driving the production and commercialization of OviTex Reinforced BioScaffolds (RBSs) for soft tissue recovery, announced the first person to undergo OviTex RBS therapy in Europe. Complex abdominal wall reconstruction was conducted by Alastair Windsor M.D., FRCS, and University College London Hospital in London, England. By this, the company will expand its business growth as well as increasing overall market size of the company.
- In December 2018, Advanced Medical Solutions Group plc has confirmed that it has been given CE approval to the industry and has released its LiquiBandFix8 Open Hernia Mesh Fixation Tool in Europe. The LiquiBandFix8 Open Hernia Mesh Fixation System is used for atraumatic mesh repair in open inguinal hernia surgery. The device will be marketed and distributed by direct sales of the company representatives in the United Kingdom and Germany and through multiple distribution affiliates across the EU. By this approval, the company will expand its business which increases net sales and revenue of the company.
Europe hernia repair devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of hernia repair devices market for Europe.
Key Market Competitors:
Few of the major market competitors currently working in the Europe hernia repair devices market are Medtronic, Allergan, BD, Johnson & Johnson Services, Inc., B. Braun Melsungen AG, Baxter, CooperSurgical, Inc., W. L. Gore & Associates, Inc., Cook, Integra LifeSciences Corporation, Getinge AB, Herniamesh S. R. L., high standArt, Dipromed Srl, COUSIN BIOTECH among others.
Research Methodology: Europe Hernia Repair Devices Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others
Reasons to Purchase this Report
- Current and future of Europe hernia repair devices market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)