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A hernia is a sac formed by the lining of the abdominal cavity (peritoneum). The sac comes through a hole or weak area in the strong layer of the belly wall that surrounds the muscle. Growing numbers of geriatric population and associated expenditure for health care, steadily increasing cases of obesity worldwide and technological growth worldwide are likely to fuel growth over the coming years.
Industry experts and surgeons working in the hernia repair market, since decades, have been focusing on reduction of recurrence of hernia amongst the obese and geriatric population. The trends and developments observed in the industry include the use of robotics in general surgery, introduction of the DA Vinci for hernia repair, along with varying preferences amongst surgeons. The market has experienced steadily growing demand for hernia repair techniques, both traditional and modern.
High implementation costs, operation failures in case of obese and elderly people and other issues are the challenges faced by the industry. Some of the issues and trends impacting the market today and in the future include advances in meshes, robotics, MIS use in hernia repair, preferences for various hernia repair methods, and variation in surgeon outlook. The companies covered in the report include Intuitive, Medtronic (Covidien) and Johnson & Johnson (Ethicon).
The report presents hernia repair industry on global scale, along with focus on the US market. It breaks out the market by product type along with deep study on hernia and its related topics. The worldwide hernia equipment market is composed of two major categories; products and equipments.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
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