Global Laparoscopic and Open Hernia Mesh Repair Surgery Market, By Product Type (Hernia Mesh, Hernia Fixation Devices), Surgery Type (Open Tension Repair Surgery, Tension-Free Repair Surgery and Laparoscopic Surgery), Hernia Type (Inguinal Hernia, Ventral Hernia, Gemoral Hernia, Umbilical Hernia, Hiatal Hernia and Others), End Use (Hospitals, Ambulatory Surgery Centres, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Global Laparoscopic and Open Hernia Mesh Repair Surgery Market
The laparoscopic and open hernia mesh repair surgery market, for the forecast period of 2021-2028 is expected to witness a CAGR of 2.2%. This means that the market value of global laparoscopic and open hernia mesh repair surgery will be around USD 3.8 billion by the year 2028.
Laparoscopic hernia repair is a method to fix tears in the stomach or abdominal wall muscle utilizing little cuts or incisions, telescopes and a mesh. Laparoscopic surgery helps to treat hernia without making any more incisions. Laparoscopic surgery requires general anaesthesia to undertake the process. Many investigations have demonstrated that in the short term laparoscopic repair surgery is better than open repair surgery as far as less blood loss is concerned.
The increasing number of patients globally suffering from hernia or abdominal pain requires laparoscopic surgery. This is the major factor for the rising market. The laparoscopic repair surgery involves usage of a biological mesh and not just traditionally used synthetic mesh. This helps in minimizing the pain and provide faster recovery rate. Other factors that contribute to the growth of laparoscopic and open hernia mesh repair surgery market are improved technology, favourable reimbursement policies in the developing nations and increasing adoption of mesh especially biological one.
On the other side, lack of reimbursement scenario in the developing countries and high cost of equipment involved act as restraints to the growth of the market. Moreover countries are now investing in research on the alternative and improved surgical technologies for the same.
This laparoscopic and open hernia mesh repair surgery market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on laparoscopic and open hernia mesh repair surgery market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Laparoscopic and Open Hernia Mesh Repair Surgery Market Scope and Market Size
Laparoscopic and open hernia mesh repair surgery market is segmented on the basis of product type, surgery type, hernia type and end-use. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the laparoscopic and open hernia mesh repair surgery market is segmented into hernia mesh, hernia fixation devices. Hernia mesh is further sub-segmented into synthetic mesh, biological material mesh and others. Hernia fixation devices can be further dissected into sutures, absorbable and non-absorbable tack fixation devices, glue applicators, endoscopy equipment and others.
- The laparoscopic and open hernia mesh repair surgery market can also be segmented into open tension repair surgery, tension-free repair surgery and laparoscopic surgery on the basis of surgery type.
- On the basis of type of hernia, the laparoscopic and open hernia mesh repair surgery market can be bifurcated into inguinal hernia, ventral hernia, gemoral hernia, umbilical hernia, hiatal hernia and others.
- On the basis of end-use, the laparoscopic and open hernia mesh repair surgery market is segmented into hospitals, ambulatory surgery centres and others.
Global Laparoscopic and Open Hernia Mesh Repair Surgery Market Country Level Analysis
Laparoscopic and open hernia mesh repair surgery market is analysed and market size insights and trends are provided by country, product type, surgery type, hernia type and end-use as referenced above.
The countries covered in the laparoscopic and open hernia mesh repair surgery market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America has held the largest market share until now because of high number of patients with hernia and high level of adoption of meshes in laparoscopic repair surgeries. Asia-Pacific region however would witness the highest growth in the total market share because of the improved health care facilities in the especially in the developing countries.
The country section of the laparoscopic and open hernia mesh repair surgery market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Laparoscopic and Open Hernia Mesh Repair Surgery Market Share Analysis
Laparoscopic and open hernia mesh repair surgery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to laparoscopic and open hernia mesh repair surgery market.
The major players covered in the laparoscopic and open hernia mesh repair surgery market report are B. Braun Melsungen AG, BD., Medical Devices Business Services, Inc, Medtronic, W. L. Gore & Associates, Inc., Baxter., Cook, CooperSurgical, Inc., Herniamesh S.r.l., Getinge AB., Olympus Corporation, Via Surgical Ltd., Dipromed Srl, Atrium Medical Corporation, Borze India Private Limited., Kara Mediclust Private Limited., V. K. Endoscope Private Limited., Golden Nimbus India Private Limited, Web Meditech and Kraft Surgicals Private Limited among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.