Global Information Inc. would like to present a new market research report, "Hernia Repair Device Markets and Procedures" by Kalorama Information.
Medical device market research publisher Kalorama Information believes rapid adoption of biosynthetic mesh and other minimally invasive methods of hernia repair will increase revenues for manufacturers of hernia repair specialty equipment. According to a recent report, a plethora of risk factors, including old age, previous surgery, obesity and smoking, coupled with prevalent healthcare options will increase the number of expected operations, creating a $4.1 billion market by 2012.
Biosynthetic mesh procedures provide benefits such as better patient experience, greater resistance to infections and rapid tissue growth. These meshes, made up of silicone, rubber, polypropylene, or polytetrafluoroethylene (PTFE), create a protective layer that comes in contact with the intestine. A recent perfection of the T-shaped prosthesis, which is composed of silicone and polypropylene, reduce the development of incisional hernias, often caused by previous surgery. Kalorama reports the current average for incisional hernia cases is 15-20%, while the use of T-shaped prosthesis will reduce the amount to 3-4%.
According to Bruce Carlson, Kalorama Information Publisher, "Biomesh and no-recurrence laparoscopy are not just small improvements, they are significant innovations... There is a ton of innovation occurring in this market to meet the increasing demand for better quality."
Former developments include the laparoscopic repair method, widely adopted by 2000, which reduces invasiveness by patching hernias from the inside. Although once widely criticized for its high recurrence rate, continuing development of this procedure has led to a current near-zero rate of recurrence.
High-risk individuals displaying certain factors such as previous surgery, obesity, old age, and smoking, that may have been previously denied coverage, will have access to insurance through the U.S. Healthcare Reform. The new legislature is also expected to increase the number of hernia repair operations. Industry players are eagerly preparing new products for this growing market.