Acknowledging the kind of traction gained by this market, Industry data Analytics recently published a study report asserts the global Bariatric Surgery Devices Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 7.3% during the review period (2022 to 2027).
Bariatric surgery is a form of surgery performed on the gastrointestinal tract chiefly to contact the weight-loss procedure. These devices alter the gastrointestinal tract by limit the amount of food that the stomach can intake or limit the nutrients which are immersed in the intestinal tract.
The growing rate of obesity in adults due to excessive intake of calories and changing lifestyle habits are anticipated to fuel the Market over the forecast years. The rising prevalence of morbid obesity all across the world is driving up Bariatric Surgery Devices market demand. Moreover, the rate of childhood obesity has been seen to be on the rise at an alarming rate.Children who are overweight since childhood is at a higher risk than the typical adult. Chronic diseases such as excessive cholesterol, hypertension, and diabetes are appearing earlier in youngsters.
The surge in demand for minimally invasive surgeries (MIS) across the globe is amongst the important aspect anticipated to the growth and demand of the Bariatric Surgical Devices Market. Furthermore, the availability of surgeons specialized in bariatric surgical techniques is predicted to fuel the Market during the forecasted period 2022-2027. Owing to bariatric surgeries are becoming more popular, established and new medical surgeons are developing and qualifying their surgical abilities. As a result, there is an increase in demand for bariatric surgery equipment. The minimally invasive surgical devices segment dominated more than 90% of the market share in previous year. The high prevalence of obesity-related disorders such as cardiovascular ailment among the population is poised to upsurge the bariatric surgery devices industry growth.
Industry Development:
11.05.18 : Ethicon,* part of Johnson & Johnson Medical Devices Companies,** and a global leader in bariatric surgery, announced the launch of the Ethicon Bariatric Revision Surgical Solution, a new system for bariatric revision surgery that encompasses a portfolio of products and professional education and training for managing the challenges of reoperations.
The Bariatric Surgery Devices Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Standard Bariatrics, Medtronic, Johnson and Johnson, Aspire Bariatrics, GI Dynamics, TransEnterix, USGI Medical, Apollo Endosurgery, Olympus, Mediflex Surgical Product, EnteroMedics.and others.
Bariatric Surgery Devices Market is segmented based on the Product, Procedure, companies and regions.
By Product
By Procedure
North America bariatric surgery devices market accounted for 34% of revenue share in previous year led by the increasing proportion of obese population base in the region. For instance, according to Trust for America’s Health (TFAH), the adult U.S. population obesity rate stands around 42% and the obesity rate is increasing every year which has led to rising in the prevalence of chronic diseases in adults. Obesity can cause severe health-related disorders and is associated with a considerable rise in mortality and morbidity. The region also represents a moderately higher acceptance trends for surgical procedures for weight management, thereby boosting the industry progression. Additionally, increasing awareness regarding obesity management and the presence of major medical device companies in the region are expected to escalate the industry value.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 7.3% during the review period (2022 to 2027). |
By Product |
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By Procedure |
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By Companies | Standard Bariatrics, Medtronic, Johnson and Johnson, Aspire Bariatrics, GI Dynamics, TransEnterix, USGI Medical, Apollo Endosurgery, Olympus, Mediflex Surgical Product, EnteroMedics. |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 115 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Bariatric Surgery Devices Market is studied from 2017 - 2027.
What is the growth rate of Bariatric Surgery Devices Market?
The Bariatric Surgery Devices Market is growing at a CAGR of 7.3% over the next 5 years.
Who are the leading key players in Bariatric Surgery Devices Market?
Standard Bariatrics, Medtronic, Johnson and Johnson, Aspire Bariatrics, GI Dynamics, TransEnterix, USGI Medical, Apollo Endosurgery, Olympus, Mediflex Surgical Product, EnteroMedics.
What regions regions does this Bariatric Surgery Devices Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What is the significant product of Bariatric Surgery Devices Market?
Minimally invasive surgical devices,Non-invasive surgical devices
What are the significant Procedure of Bariatric Surgery Devices Market?
Sleeve gastrectomy, Gastric bypass, Revision bariatric surgery, Non-invasive bariatric surgery, Adjustable gastric banding, Mini-gastric bypass
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SECONDARY RESEARCH
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PRIMARY RESEARCH
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