Worldwide Healthcare Hernia Repair Devices Market-Analysis of Growth, Trends and Forecasts (2018-2023)
The Healthcare Hernia Repair Devices market is expected to register a CAGR of around 6% during the forecast period, 2018 to 2023. North America dominates the market, due to growing market of Healthcare Hernia Repair Devices.
(EMAILWIRE.COM, May 31, 2018 ) The Healthcare Hernia Repair Devices market is expected to register a CAGR of around 6% during the forecast period, 2018 to 2023. North America dominates the market, due to growing market of Healthcare Hernia Repair Devices.
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Large Patient Population
Hernia is very common amongst geriatric population. According to a 2013 Report by Vanderbilt University Medical Center, more than 350,000 people in the United States undergo Surgery for management ventral abdominal Hernias. Physicians generally recommend Surgery for treatment of Hernia. However, with advancement of technology and other procedures that are comparatively less invasive and have gained good popularity. Advancement in Laparoscopic Surgery and Open tension-free repair are one of the most important factor for market growth. This has led to a high rate of growth in the hernia repair device market.
Key Companies Mentioned:
B Braun Melsungen Ag, Ethicon Inc., Cook Medicals, Medtronic, C R Bard Inc, Life Cell Corporation, Olympus Corporation, W L Gore & Associates, Cooper Surgicals, Insightra Medical Inc.
Lack of skilled Professionals
The number of skilled surgeons is one-tenth of that required. The recent skilled worker shortage in United States is also causing restraint in the country. Along with this, Australian Government recently announced that the Temporary Work (Skilled) visa (subclass 457 visa) will be abolished and replaced with the completely new Temporary Skill Shortage (TSS) visa in March 2018, this recent change in visa procedures for the technical staffing in Australia is also expected to cause restraint to this market. Surgeons are needed after the surgery in order to rehabilitate the patients undergoing surgery for a holistic recovery. Incidences have been noticed around the world where the shortage of surgeons have led to increase the stay duration of the patients in hospitals hence, increasing the cost of the surgery. This further restraint the hernia repair devices across the globe. Also, inadequate reimbursement policies act as restraints.
Browse the complete report @ http://www.orbisresearch.com/reports/index/global-healthcare-hernia-repair-devices-market-segmented-by-products-procedures-hernia-types-and-geography-growth-trends-and-forecast-2018-2023?utm_source=r0h!t
North America to Dominate the Market
North America dominates the global hernia repair devices market due to increasing prevalence of hernia disorder cases and improved healthcare facilities in the region. In addition, government initiatives and more awareness among the people are some of the major factors driving the hernia repair devices market. Asia, followed by Europe, is expected to experience high growth rate in the next few years in hernia repair devices market. China and India are expected to be the fastest growing hernia repair devices markets in Asian region. This is due to large investment by various major companies in these countries. Some of the key driving forces for hernia repair devices market in emerging countries are large pool of patients, rising government funding and improvement in the healthcare facilities.
Key Developments in the Market
L. Gore & Associates, Inc. (Gore) today announced that GORE® SYNECOR Biomaterial, a unique biomaterial for hernia repair, has received 510K clearance from the U.S. Food and Drug Administration (FDA)
Reasons to Purchase this Report
Current and future Healthcare Hernia Repair Devices Market outlook in the developed and emerging markets
Analysis of various perspectives of the market with the help of Porter’s five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3 months analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs
Place a purchase order of this report @ http://orbisresearch.com/contact/purchase/2131814?utm_source=r0h!t
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Request a sample of this report @ http://orbisresearch.com/contacts/request-sample/2131814?utm_source=r0h!t
Large Patient Population
Hernia is very common amongst geriatric population. According to a 2013 Report by Vanderbilt University Medical Center, more than 350,000 people in the United States undergo Surgery for management ventral abdominal Hernias. Physicians generally recommend Surgery for treatment of Hernia. However, with advancement of technology and other procedures that are comparatively less invasive and have gained good popularity. Advancement in Laparoscopic Surgery and Open tension-free repair are one of the most important factor for market growth. This has led to a high rate of growth in the hernia repair device market.
Key Companies Mentioned:
B Braun Melsungen Ag, Ethicon Inc., Cook Medicals, Medtronic, C R Bard Inc, Life Cell Corporation, Olympus Corporation, W L Gore & Associates, Cooper Surgicals, Insightra Medical Inc.
Lack of skilled Professionals
The number of skilled surgeons is one-tenth of that required. The recent skilled worker shortage in United States is also causing restraint in the country. Along with this, Australian Government recently announced that the Temporary Work (Skilled) visa (subclass 457 visa) will be abolished and replaced with the completely new Temporary Skill Shortage (TSS) visa in March 2018, this recent change in visa procedures for the technical staffing in Australia is also expected to cause restraint to this market. Surgeons are needed after the surgery in order to rehabilitate the patients undergoing surgery for a holistic recovery. Incidences have been noticed around the world where the shortage of surgeons have led to increase the stay duration of the patients in hospitals hence, increasing the cost of the surgery. This further restraint the hernia repair devices across the globe. Also, inadequate reimbursement policies act as restraints.
Browse the complete report @ http://www.orbisresearch.com/reports/index/global-healthcare-hernia-repair-devices-market-segmented-by-products-procedures-hernia-types-and-geography-growth-trends-and-forecast-2018-2023?utm_source=r0h!t
North America to Dominate the Market
North America dominates the global hernia repair devices market due to increasing prevalence of hernia disorder cases and improved healthcare facilities in the region. In addition, government initiatives and more awareness among the people are some of the major factors driving the hernia repair devices market. Asia, followed by Europe, is expected to experience high growth rate in the next few years in hernia repair devices market. China and India are expected to be the fastest growing hernia repair devices markets in Asian region. This is due to large investment by various major companies in these countries. Some of the key driving forces for hernia repair devices market in emerging countries are large pool of patients, rising government funding and improvement in the healthcare facilities.
Key Developments in the Market
L. Gore & Associates, Inc. (Gore) today announced that GORE® SYNECOR Biomaterial, a unique biomaterial for hernia repair, has received 510K clearance from the U.S. Food and Drug Administration (FDA)
Reasons to Purchase this Report
Current and future Healthcare Hernia Repair Devices Market outlook in the developed and emerging markets
Analysis of various perspectives of the market with the help of Porter’s five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
3 months analyst support, along with the Market Estimate sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs
Place a purchase order of this report @ http://orbisresearch.com/contact/purchase/2131814?utm_source=r0h!t
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Information:
Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
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Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results