Global Hernia Repair Market to reach USD 198.7 billion by 2025.

Global Hernia Repair Market valued approximately USD 176.9 billion in 2016 is anticipated to grow with a healthy growth rate of more than 1.3% over the forecast period 2017-2025. Key factors which gives growth to the Hernia Repair market are increasing adoption of mesh in hernia repair surgeries, rising geriatric population, new product developments, and efficient reimbursement system in developed countries and Smoking, poor nutrition, genetic factors, and changes in lifestyle to the elevated incidence of hernias. Persistent coughing due to smoking is one of the key causes of this condition, thus smokers are 4 times more susceptible to this disease.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Hernia type:
 
§ Inguinal hernia
§ Incisional hernia
§ Femoral hernia
§ Others

By Mesh type:

§ Biologic mesh
§ Synthetic mesh

By Regions:
§ North America
o U.S.
o Canada
§ Europe
o UK
o Germany
§ Asia Pacific
o China
o India
o Japan
§ Latin America
o Brazil
o Mexico
§ Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market Medtronic PLC., ethicon INC., C.R.Bard INC., Atrium, W.L.Gore & Associates, Lifecell corporation, Braun Melsungen AG., Baxter international INC., Cook medical. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Global Hernia Repair Market in Market Study:

§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers
§ Investors