databridgemarketresearch.com
has published new report “U.S.
Hernia Mesh Repair Devices Market is expected to reach USD 2,061.89 million
by 2024 from USD 1,450.00 million in 2016, at a CAGR of 4.6% in the forecast
period 2017 to 2024”, the new market report contains data for historic years
2015, the base year of calculation is 2016 and the forecast period is 2017 to
2024.
The major factors driving the growth of this market are
the increasing number of hernia surgeries, rising prevalence of hernia
diseases, growth in demand of advanced meshes and technological advancements in
hernia mesh repair devices. On the other hand, high cost of hernia surgery and
complications related to hernia mesh repair surgery may hinder the growth of
the market.
·
No of pages: 175
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Report
Segmentation:
U.S. hernia mesh repair devices
market is segmented on the basis of product type and hernia type.
U.S.
hernia mesh repair devices market is segmented into 2 types on the basis of product type, namely synthetic type and biological type.
Synthetic mesh is further sub-segmented on the basis of product type and
structure. The product type of synthetic mesh segmented into flat mesh and 3-D
mesh. Structure type is segmented into absorbable mesh and non-absorbable mesh.
In 2017, the synthetic mesh market segment is expected to account for the
largest share of 61.0% of U.S. hernia mesh repair devices market, by product
type.
On the basis of hernia type, the U.S. hernia mesh repair
devices market is segmented into seven major hernia types which include
inguinal hernia, incisional hernia, umbilical hernia, femoral hernia, hiatal
hernia and parastomal hernia and others. In 2017, the Inguinal Hernia is one of
the dominating sectors of U.S. hernia mesh repair devices market with 72.0%
market share.
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• No
of Figures: 30
Key
Drivers of U.S. Hernia Mesh Repair Devices Market:
Some of the major factors
driving the market for hernia
mesh repair devices market report are increasing number of hernia
surgeries, rising prevalence of hernia diseases, growth in demand of advanced
meshes and technological advancements in hernia mesh repair devices.
o According to an
article published by Society of Laparoscopic Surgeons, per year above 1,000,000
hernia repairs were performed in the United States. This growing number of the
surgery is anticipated to grow the market in the forecast period.
o In June 2017, W.
L. Gore & Associates, Inc. received a FDA approval of GORE SYNECOR product
which is a biomaterial used in hernia repair surgeries. This technological
advancement is expected to boost the market.
o An umbilical
hernia surgery can cost a patient approximately from USD 4,000.0 to USD
11,000.0. However, high cost of hernia surgeries has become a hindrance in the
growth of the U.S. hernia mesh repair devices market.
• No of Tables: 125
Key Points of U.S. Hernia
Mesh Repair Devices Market:
JOHNSON & JOHNSON SERVICES, INC is going to dominate the
U.S. hernia
mesh repair devices market following with Medtronic and B. Braun Melsungen
AG, along with others such as C. R. BARD, INC., W. L. GORE & ASSOCIATES,
INC., ATRIUM and ACELITY L.P. INC.
o Flat synthetic
mesh market segment dominated the U.S. hernia mesh repair devices market.
o By structure,
absorbable synthetic mesh segment expected to dominate the U.S. hernia mesh
repair devices market and will grow with the highest CAGR in the forecasted
period of 2017 – 2024.
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Related Report
Global
Hernia Mesh Repair Devices Market – Trends and Forecast to 2024
Global Hernia Mesh
Repair Devices Market, By Product Type (Synthetic Mesh (Flat, 3D) (Absorbable,
Non-Absorbable Mesh), Biologic Mesh), By Hernia Type (Inguinal Hernia,
Incisional Hernia, Umbilical Hernia, Femoral Hernia), By Geography ((North
America By Country), (Europe By Country), (APAC By Country), (MEA By Country),
(South America By Country)) – Trends and Forecast to 2024
Report Access: http://databridgemarketresearch.com/reports/global-hernia-mesh-repair-devices-market/
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