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Market dynamics
Unceasing rise in global population and Hernia being one of the major health concerns worldwide as well as its increasing prevalence augment the need and demand for Hernia repair devices globally. Constant upgradation of technology in endoscopes will support Hernia repair devices market. Rational behind this is that, technology brings in high degree of accuracy and reliability, with minimum level of possibility of error. Also rise in embracement of tension free hernia treatment procedures is positively shaping the need and growth of Hernia repair devices globally.
Market segmentation
Global Hernia Repair Device market is segmented based on product and equipment, Repair procedure, and Type of Hernia. Product division is further subdivided into different Biological equipment, Endoscopy instruments, surgical material and others. The market segmentation based on procedures is divided into Tension free repair, Open tension repair, and others. Based on Hernia type it's further subdivided into Inguinal Hernia, Femoral Hernia, Umbilical Hernia and others.
Geographic Analysis
Globally Hernia Device Repair and consumables market is expected to reach $6.1 Billion USD by 2020. North America has the largest market in terms of both revenue and volume followed by Europe and Asia. Chinese and Indian Market is expected to grow rapidly during the forecast period.
OPPORTUNITY
Expanding population base, high recurrence rate of Hernia, large patient population and upsurge in disposable income of the population are some of the drivers that shove the usage of Hernia Repair Devices, and help in development of the market.
Key players
> Covidien Plc
> Ethicon Inc.
> Life cell Corporation
> Cook Medical
> Olympus Corporation
> B Braun
> Cooper Surgicals
Report Contents:
> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players
Regional Analysis:
> North America
>> US and Canada
> Latin America
>> Mexico, Brazil, Argentina and Rest of Latin America
> Western Europe
>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe
> Eastern Europe
>> Russia
>> Poland
>> Rest of Eastern Europe
> Asia Pacific
>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific
> Middle East and Africa
>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Report Highlights:
> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage
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