Europe Hernia Repair Devices And Consumables Market Forecast 2021-2028

Europe Hernia Repair Devices And Consumables Market Forecast 2021-2028

KEY FINDINGS
The Europe hernia repair devices and consumables market is anticipated to record a CAGR of 3.85%, over the forecast years of 2021 to 2028. The key market growth drivers are the increasing geriatric population susceptible to an inguinal hernia, and the need for advanced medical applications.

MARKET INSIGHTS
The Europe hernia repair devices and consumables market growth is analyzed across France, the United Kingdom, Belgium, Germany, Italy, Russia, Poland, and the rest of Europe. The growing geriatric population, incorporated with an increase in healthcare expenditure, drives the market growth in Belgium. For instance, in 2018, over 2 million people residing in the country were aged 65 years and older and accounted for nearly 19% of Belgium’s population. This figure is anticipated to further increase, to 21% in 2025, and 26% by 2050, as per the Belgian Federal Planning Bureau. Moreover, the geriatric populace is highly vulnerable to inguinal hernias, owing to their deteriorating abdominal musculature.
On the other hand, according to recent data, the total health expenditure as a share of Belgium’s gross domestic product (GDP), amounted to over 10%, in 2019. This is also the joint-highest share, within the given time interval. Likewise, since 2009, the country has spent at least 10% of its GDP on health, each year. As a result, these factors are expected to drive the market growth, over the forecast period.

COMPETITIVE INSIGHTS
Distinguished players operating in the market are, Braun Melsungen AG, Baxter International Inc, CR Bard (acquired by Becton, Dickinson, and Company), Integra Lifesciences Corporation, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments


1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Key Drivers
3.1.1. Growing Acceptance Of Robotic Surgeries
3.1.2. Rising Incidence Of Hernia
3.1.3. Surging Requirement For Novel And Advanced Meshes
3.1.4. Increasing Demand For Tension Free Repair Procedures For Treating Hernia
3.2. Key Restraints
3.2.1. High Cost Associated With Hernia Repair Surgeries
3.2.2. Unreliable Reimbursement Policies And Frequent Lawsuits In Hernia Mesh Devices
4. Key Analytics
4.1. Porter’s Five Force Analysis
4.1.1. Threat Of New Entry
4.1.2. Threat Of Substitution
4.1.3. Buyer’s Power
4.1.4. Supplier’s Power
4.1.5. Competitive Rivalry
4.2. Regulatory Framework
4.3. Impact Of Covid-19 On Hernia Repair Devices And Consumables Market
4.4. Opportunity Matrix
4.5. Vendor Landscape
4.6. Key Investment Insights
5. Market By Surgery Type
5.1. Open Tension-free Repair Surgery
5.2. Laparoscopic Surgery
6. Market By Hernia Type
6.1. Inguinal Hernia
6.2. Incisional Hernia
6.3. Umbilical Hernia
6.4. Femoral Hernia
6.5. Other Hernia
7. Market By Product
7.1. Consumables
7.1.1. Synthetic Material Mesh
7.1.1.1. Absorbable Mesh
7.1.1.2. Non-absorbable Mesh
7.1.2. Biological Material Mesh
7.2. Fixation Devices
7.2.1. Tack
7.2.1.1. Absorbable Mesh
7.2.1.2. Non-absorbable Mesh
7.2.2. Other Fixation Devices
8. Geographical Analysis
8.1. Europe
8.1.1. Market Size & Estimates
8.1.2. Key Growth Enablers
8.1.3. Key Challenges
8.1.4. Key Players
8.1.5. Country Analysis
8.1.5.1. Germany
8.1.5.2. United Kingdom
8.1.5.3. France
8.1.5.4. Italy
8.1.5.5. Russia
8.1.5.6. Belgium
8.1.5.7. Poland
8.1.5.8. Rest Of Europe
9. Competitive Landscape
9.1. Key Strategic Developments
9.1.1. Merger & Acquisitions
9.1.2. Product Launch & Developments
9.1.3. Partnership, Contract/Agreement & Collaboration
9.1.4. Business Expansion/ Approval/ Announcement
9.2. Company Profiles
9.2.1. Allergan Plc (Acquired By Abbvie)
9.2.2. Baxter International Inc
9.2.3. Braun Melsungen Ag
9.2.4. Cook Medical Inc
9.2.5. Cr Bard (Acquired By Becton, Dickinson And Company)
9.2.6. Cryolife Inc
9.2.7. Herniamesh Srl
9.2.8. Integra Lifesciences Corporation
9.2.9. Johnson & Johnson (Ethicon Inc)
9.2.10. Medtronic Plc
9.2.11. The Cooper Companies
9.2.12. Via Surgical Ltd
9.2.13. Wl Gore & Associates (Gore)
9.2.14. Zimmer Biomet Inc

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