Global Laparoscopic And Open Hernia Mesh Repair Surgery Market

By Author: shankar hanamghar
Total Articles: 411
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Global Laparoscopic and Open Hernia Mesh Repair Surgery Market size was valued at US$ 3.18 Bn in 2019 and is expected to reach US$ 4.41 Bn by 2027 to exhibit a CAGR of 4.17 % during the forecast period.

The objective of the report is to present a comprehensive assessment of the Market and contains thoughtful insights, facts, historical data, Type of Surgery-validated Market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global Laparoscopic and Open Hernia

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

Mesh Repair Surgery Market dynamics, structure by identifying and analyzing the Market segments and project the global Market size. Further, the report also focuses on the competitive analysis of key players by Mesh Fixator, price, financial position, Mesh Fixator portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address ...
... questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in global Laparoscopic and Open Hernia Mesh Repair Surgery market.

A hernia is a medical condition where an organ or fatty tissue bulges out over a weak spot where they are normally contained. Hernia repair is a surgical process for the treatment of a hernia and is one of the most commonly performed surgical procedures worldwide. Approximately three million hernia procedures are performed globally, among them about 1.2 million hernia repair processes are performed alone in the U.S. every year.
The growing adoption of mesh in hernia repair surgeries, rising geriatric population, new product developments, and efficient reimbursement system in developed countries are the main factors driving the growth of the hernia mesh repair surgery market during the forecast period.

The high cost of hernia repair surgeries and inconsistent compensation policies are hampering the growth of the market. The opportunities for the global linear motion systems market is generating due to technological advancements in hernia repair devices and emerging economies. Hernia repair surgery segment is expected to hold the largest share of the market in forecast period because Open hernia repair does not need any innovative equipment and takes 25% lesser time than laparoscopy. Also, this type of surgery is chosen for hernias that have been present for a long period of time.

Though, the laparoscopic hernia repair surgery segment is anticipated to register the highest growth rate during the forecast period, due to factors such as less postoperative pain, fewer chances of wound infection, and early recovery.

The tack applicators segment is expected to hold the largest share market in the forecast period. The decrease in surgery time is the major factor driving the growth of the tack applicators segment for mesh fixation. Though, glue applicators are anticipated to register the highest growth rate in the forecast period. The cost-effectiveness, reduction in surgery time, and lower pain related with glue fixation are driving the adoption of glue in hernia mesh fixation.

The report includes the hernia mesh repair surgery market across ten countries, namely, the US, Canada, Germany, France, the UK, Italy, Spain, Japan, China, and India. The US accounted for the major share of the laparoscopic surgery market in 2017. The large share of the US is attributed to the large patient population, growing adoption of technologically advanced products, and presence of a well-established medical reimbursement policy in the country. Though, India is anticipated to register the highest growth rate during the forecast period, due to the improving healthcare infrastructure and the growing patient population in the country.

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