Increased incidence of hernia and a need for better repair materials is driving the 3.5 billion dollar hernia repair market, according to our latest report, Hernia Repair Device Markets and Procedures, which indicates that the market has experienced steady demand which ha sbeen consistent from year to year - 4.8% growth on average since 2008..
A hernia is the protrusion of an organ or part of an organ through a defect in supporting structures that normally contain it. The National Center for Health Statistics estimates that about 5 million people in the United States have an abdominal hernia. It is also a common problem for other parts of the world. Europe authorities estimate that approximately 2 million individuals experience hernias and Asia and rest of world individuals experience another 1 million. A hernia may occur naturally from a patient’s supporting structures, or it may be acquired from an injury or from a lung issue that leads to a persistant cough. Most occur in the inguinal or femoral region; however, umbilical, ventral, and hiatal hernias also occur.
Herniorrhaphy is one of the most common surgical procedures with over 1 million performed annually and more than 80 percent were ambulatory cases. Only a fraction of these people seeks treatment. It is generally thought that 3% of the general population will have or develop some type of abdominal wall hernia, thus driving the need for procedures and better equipment that will help reduce reoccurrence.
“In the past ten years, the application of bio-textiles for implants has greatly developed in the new field of tissue engineering. New product innovation, a steady demand for superior products by surgeons, and increasing procedure volumes will likely fuel growth over the next five years.”
Composite mesh with absorbable and non-absorbable barriers for intraperitioneal placement, lightweight macroporous mesh and xenogeneic and allogeneic biological meshes are several of these novel materials discussed in Kalorama’s report. B Braun Aesculap, Biomerix Corporation, ConMed, Cook, Covidien and Ethicon are among the companies in this market.
The report, Hernia Repair Device Markets and Procedures contains profiles of these companies and discussions of new products, forecast for specific device markets, and trends that market-watchers will want to keep track of. The report can be found at Kalorama Information’s website at: http://www.kaloramainformation.com/Hernia-Repair-Device-7214035/