The Report “Asia Pacific Hernia Mesh Market (By Hernia Type (Inguinal, Incisional, Femoral, Umbilical), Product Type (Synthetic Mesh, Biologic Mesh) - Forecasts To 2021” is expected to grow at a CAGR of 4.5% for the forecast period from 2016-2021.
Browse through the TOC of the Asia Pacific Hernia Mesh Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Human body is made of several organs. The musculoskeletal system keeps these organs in their proper position and avoids excessive change in their position, which is necessary for healthy functioning of the body. When any organ starts protruding out (still inside body) through an opening/weak spot (congenital or acquired) in the muscle or tissue that holds it in place and creates a bulge under skin, it is known as hernia. Hernia mesh helps sealing that weak spot in order to keep abdominal content back to its natural position.
Obesity, excessive physical activity, and age are the main factors responsible for the occurrence of hernia which is actually driving hernia mesh market in APAC. Huge population base helps in building larger patient pool in APAC. Out of total number of hernia repair surgeries performed worldwide in 2015, 63.0% surgeries were performed in APAC. The cost of surgical procedures has increased considerably over the years due to factors such as consolidation of healthcare providers, increased preference for innovative products which are usually more costly, rising expenses with complex medical procedures, government regulations, and constrained resources. The growing use of technologically advanced and safer technologies has increased the overall cost of surgical procedures. Due to this factor, people from APAC opt for hernia repair using sutures instead of going for mesh repair.
The hernia mesh covered in this report are categorized into two segments, namely the biological mesh and synthetic mesh. Synthetic mesh is further segmented into synthetic absorbable mesh, synthetic composite mesh, and synthetic non-absorbable mesh according to the absorbance of mesh and into flat synthetic mesh, and 3D synthetic mesh according to the structure of mesh.
The APAC hernia mesh market is fastest growing market and it is expected to register a CAGR of 4.5% between 2016 and 2021. The Synthetic mesh segment accounted for the largest share; i.e. 75.3% of the overall hernia mesh market in 2015. This segment is expected to grow at a CAGR of 3.4% for the forecast period from 2016-2021. And scenario is expected to remain the similar due to higher prices of biological mesh.
This report also includes the market share, value chain analyses, and market metrics such as drivers, restraints and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of the key players in the market, including major companies of the market.
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