Global Hernia Repair Devices Market to Reach $1.5 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Hernia Repair Devices markets. The world market for Hernia Repair Devices is projected to reach $1.5 billion by the year 2015. This is primarily driven by the increasing graying population and growing obesity epidemic. Additionally, surging demand for advanced biologic allograft meshes is fuelling growth in the hernia repair devices market.

Hernia Repair Devices: A Global Market Report

Hernia repair is a surgical procedure by which the protruding organ is returned to its original location. Hernia repair procedures are one of the most common surgical procedures performed in various countries across the world. The rise in the elderly population and the growing obesity epidemic are some of the factors that are expected to fuel the procedure’s demand in the near future. Many older and obese individuals undergoing surgeries would be susceptible to hernia development. Concomitant with the increase in hernia population, the demand for mesh-based tension-free methods, which offer various advantages over tension methods including reduced recurrence rates and faster time of recovery, is rapidly growing across Canada, Latin America, Europe, and the US. Various established medical devices companies are in the process of developing and innovating new materials to capitalize on the requirements of faster patient recovery and stronger mesh placements.

The United States dominates the world hernia repair devices market as stated by the new market research report on Hernia Repair Devices Market. The adoption of new advanced devices in the region would pave the way for the market’s extended growth in the next few years. In the ventral hernia repair device segment, the demand for non-adhesive synthetic mesh is exhibiting significant growth. This is primarily due to the advantages that the mesh provides in terms of eliminating bowel adhesion, a side effect that generally occurs in other types of synthetic meshes including flatsheets.

Propelled by the rapid growth, the hernia repair devices market is continuously attracting new players and inspiring new developments. In addition, various emerging players are also making inroads. These companies are expected to improve the market’s competitive dynamics in the next few years. Key players profiled in the report include B. Braun Melsungen AG, C.R. Bard Inc., Cook Medical Inc., CooperSurgical Inc., Covidien Ltd, Davol Inc., Ethicon Inc., LifeCell Corporation, Synovis Surgical Innovations, TEI Biosciences Inc., and W.L. Gore & Associates Inc, among others.

The report titled “Hernia Repair Devices: A Global Market Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, product overview, product introductions/innovations, and recent industry activity. The study analyzes market data and analytics in terms of value sales for regions including The United States, and Rest of World by the following segments - Biologic Meshes, and Synthetic Meshes.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Hernia_Repair_Devices_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press(at)StrategyR(dot)com
Web Site http://www.StrategyR.com/

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