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Closing the Gap in Ventral Hernia Repair

Executive Summary

Most complex ventral, or incisional, hernias are managed by open surgical techniques, and the choice of prosthetic mesh used in these procedures has become a hot issue. With prices upwards of $10,000 per patient for patch materials, it is no surprise that all eyes are on the ventral hernia patch market.

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Spun Out, Covidien Rolls On

Covidien, nearly a year removed from spinning out of scandal-plagued parent Tyco International, is pushing forward as an independent company. Covidien execs are investing in new product creation, sales and marketing efforts, and acquisitions. That means Covidien is about to make a big splash in the device industry, with devices bringing in two-thirds of this ambitious company's revenues.

Orthopedic Soft Tissue Repair

Each year more than 1.6 million patients undergo surgeries for the repair of tendons, ligaments and cartilage in the shoulder, knee and ankles. The lack of efficacy of some of past offerings in soft tissue repair has created a pent-up demand for new treatment tools.

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