Europe Hernia Repair Devices (Permanent And Absorbable Hernia Fixation) Market Share, Demand, Industry Trends, Growth Opportunities and Revenue Outlook
The data involved in the steadfast Europe Hernia Repair Devices (Permanent And Absorbable Hernia Fixation) Market report can be very necessary when it comes to dominating the market or making a mark in the market as a new emergent. With this market research report it becomes simpler for customers to understand the various drivers and restraints impacting the market during the forecast period. Top market player analysis covered in Europe Hernia Repair Devices (Permanent And Absorbable Hernia Fixation) Market research report brings into focus various strategies used by them which can be listed as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and many others that leads to increase their footprints in HEALTHCARE industry.
Hernia repair surgery is one of the most common surgeries to be performed. There are mainly two main types of surgeries open surgery and laparoscopic surgery. In open surgery, the surgeon makes a cut in the groin to view and repair the hernia. After repairing the hernia, the surgeon uses stitches alone or stitches and a piece of mesh to close the abdominal wall. The mesh is designed to strengthen the weak area of the abdominal wall where the hernia occurred. Laparoscopic hernia repair was introduced in the early nineties as a minimally invasive alternative to the classic Lichtenstein repair (Open Surgery). The surgeon makes several small cuts in the lower abdomen and inserts special tools to view and repair the hernia. The surgeon typically uses a piece of mesh to close and strengthen the abdominal wall.
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Europe hernia repair devices (permanent and absorbable hernia fixation) market report provides details of market share, new developments, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. Contact us for an analyst brief to understand the analysis and the market scenario. Our team will help you create a revenue impact solution to achieve your desired goal. Strategic initiatives such as collaboration, agreement, and signing of sales agreements to invent and innovate pharmacological treatments are the major drivers that propelled the market’s demand in the forecast period.
Europe hernia repair devices (permanent and absorbable hernia fixation) market is supportive and aims to reduce the progression of the disease. Data Bridge Market Research analyses that Europe hernia repair devices (permanent and absorbable hernia fixation) market will grow at a CAGR of 6.5% during the forecast period of 2022 to 2029.
Growing demand for minimally invasive surgeries
Minimally invasive surgery is associated with less pain, a shorter hospital stay, and fewer complications, increasing its demand in the market. Hernia minimal invasive surgeries are growing in the market with the increase in demand for minimally invasive techniques and their benefits to the patients compared to traditional open surgeries, which pose risks of wound infection among others.
In recent years, due to several factors, the demand for minimally invasive surgeries related to hernia treatment has increased. Minimally invasive surgeries, also called laparoscopic or keyhole surgeries, involve small incisions and special tools, and a camera to perform the procedure. This approach has several advantages over traditional open surgery for hernia treatment.
Market Overview:
Hernia is a physiological problem where any tissue or organ pierces through a weakness or opening in the cavity wall where it usually resides. A very common example is the intestine coming out through the weak peritoneum of the abdominal wall, which is detected as a pouch under the skin. The cause of hernia is associated with the weak cavity wall tissue, which might be influenced by several risk factors, including obesity, intra-abdominal pressure, and previous abdominal surgeries.
Hernia may be of different types depending on its location in the human body. It can appear in an inguinal cavity, umbilicus, femoral canal, and epigastrium. Hernia usually makes a visible bulge on the skin, inducing pain and complications in patients. Primarily, the grown hernia induces discomfort and sometimes severe pain in the area. This pain intensifies during bowel movements, urination, or heavy physical labor. The protruded intestine may also be strangulated and hamper blood circulation if the protruded tissue gets swelled. Later on, this may lead to infection, necrosis, and life-threatening complications
Fundamental Aim of this Market Report
- Factors influencing This Market Size and growth rate.
- Major alterations to this market in the near future.
- Notable Market rivals around the world.
- Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
Some of the major players operating in the Europe hernia repair devices (permanent and absorbable hernia fixation) market are Medtronic, BD, Cook Group, Inc., W. L. Gore & Associates, Inc., ETHICON (A subsidiary of Johnson & Johnson Services, Inc.), Vivostat A/S, Baxter, Cooper Surgical Inc. (A Division of The Cooper Companies Inc.), Betatech Medical, BioCer Development GmbH, pfm medical ag, B. Braun Melsungen AG, Integra LifeSciences, AbbVie Inc., Herniamesh S.r.L., Dipromed Srl, Meril Life Sciences Pvt. Ltd., Invamed, Secqure Surgical, Corp., Cousin Surgery, among others.
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Drivers
- Increasing incidence of hernia
The condition of hernia requires treatment approaches, including medication and surgery. A hernia occurs when an internal part of the body pushes through a weakness in the muscle or surrounding tissue wall. The demand for hernia repair devices is high due to the increased prevalence of hernia types such as inguinal hernia and femoral hernia, which is expected to drive market growth. Inguinal hernia repair is one of the essential surgical procedures prioritized by the World Health Organization (WHO). It is also one of the most common surgical conditions worldwide, affecting 220 million people. Over 40,000 people die from complications from inguinal hernias, and about 3,500,000 disability-adjusted life years (DALYs) are lost annually, an increase in the obese population.
The management of obese patients has become the forefront of hernia treatment with the rising number of obese patients and incidence of hernia. Being obese or overweight increases the strain and pressure on the abdominal muscles, making them weaker and more prone to developing hernias. Also, the risk of developing recurrent hernias is high if patients have poor adherence to recommended lifestyle modifications and factors such as being continuously obese and lifting heavy objects after surgical treatment to repair hernias. Hernia recurrence is more likely to occur especially umbilical hernias, in obese patients, both in male and female populations.
Recent Developments
- In June 2021, B.G. Medical., the manufacturer and distributor of the 21st Century SURGIMESH Platform, announced it was honoring Hernia Awareness Month by partnering with CQInsights to pioneer a new approach that delivers better outcomes for patients, with a larger mission to share sustainable solutions that improve healthcare for everyone.
- In July 2021, B.D. (Becton, Dickinson and Company) announced it had acquired Tepha, Inc., a leading developer and manufacturer of proprietary resorbable polymer technology. The acquisition of Tepha provides strategic vertical integration of an important supply chain component for B.D.’s existing Phasix Mesh products. Tepha’s GalaFLEX portfolio, also based on the novel P4HB polymer, is included in the acquisition.
Key highlights of this Market report:
- Growth rate
- Remuneration prediction
- Consumption graph
- Market concentration ratio
- Secondary industry competitors
- Competitive structure
- Major restraints
- Market drivers
- Regional bifurcation
- Competitive hierarchy
- Current market tendencies
- Market concentration analysis
What benefits does the DBMR study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Europe hernia repair devices (permanent and absorbable hernia fixation) market
Type
- Inguinal Hernia
- Hiatal (Hiatus) Hernia
- Femoral Hernia
- Umbilical Hernia
- Incisional Hernia
- Epigastric Hernia
- Spigelian Hernia
- Diaphragmatic Hernia
On the basis of type, the Europe hernia repair devices (permanent and absorbable hernia fixation) market is segmented into the inguinal hernia, femoral hernia, umbilical hernia, hiatal (hiatus) hernia, incisional hernia, epigastric hernia, spigelian hernia and diaphragmatic hernia.
End-User
- Hospital
- Speciality Center
- Ambulatory Centers
- Others
On the basis of end-user, the Europe hernia repair devices (permanent and absorbable hernia fixation) market is segmented into hospitals, specialty clinics, ambulatory surgical centers, and others.
Distribution Channel
- Retail Sales
- Direct Tender
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Regulations
- Market Overview
Continued…
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Key Benefits of the Report:
- This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.
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