MarketResearch.biz delivers in-depth insights in its upcoming report titled “Global Bariatric Surgery Market Trends, Applications, Analysis, Growth, and Forecast to 2027”. The global bariatric surgery market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the global bariatric surgery market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the global bariatric surgery market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global bariatric surgery market report has been segmented on the basis of device, procedure, and region.
Obesity is a condition where a person has accumulated so much body fat that creates a negative effect on their health. If a person has a body mass index (BMI) of 30 or over he/she is considered obese. Moreover, obese patients have a high risk of serious health conditions such as hypertension, coronary heart disease, breathing and sleep related issues. Furthermore, the fact that obesity is one of the most prevalent and endangering health disorder, has increased the awareness about bariatric surgery and devices. Bariatric surgery is primarily used for reducing weight of an obese patient, by decreasing the swelling capacity of stomach to accommodate food. The process of gastric restriction and malabsorption are followed in these types of surgeries. Moreover, bariatric surgery is performed by the use of minimally invasive techniques.
High incidence of obesity cases around the globe is the primary driver for growth of global bariatric surgery market. In addition, the growing awareness among the obese population about bariatric surgery and devices, availability of specialised surgeons in bariatric surgical techniques and availability of less incisive methods for bariatric surgeries are all major factors propelling the growth of global bariatric surgery market.
However, high cost of bariatric surgery is a key restraint for the global bariatric surgeries market. Furthermore, health related risks after the surgery, both in case of short-term and long-term surgery and doubtfulness among the obese population about the bariatric surgeries due to complex procedures involved in bariatric surgeries are major factors affecting the growth of global bariatric surgery market.
Government initiatives in regional markets, rising expenditure on weight loss procedures and increase in adoption of bariatric surgeries in emerging economies will provide the lucrative opportunity for market players in global bariatric surgery market.
North America market leads the global bariatric surgery market in terms of revenue, on account of high obesity levels in the U.S. and Canada followed by the markets in Europe, and Asia Pacific. Asia Pacific market is expected to witness the highest CAGR over the forecast period, owing to rise in adoption of bariatric surgeries and rise in awareness about bariatric procedures among the general population in the region. Emerging economies in Asia pacific including India, Japan, and China are expected to grow with the highest CAGR over the forecast period.
Global Bariatric Surgery Market Segmentation:
Global bariatric surgery market segmentation by device:
- Stapling Devices
- Gastric Bands
- Gastric Balloons
Global bariatric surgery market segmentation by procedure:
- Gastric Bypass Surgery
- Sleeve Gastrectomy Surgery
- Gastric Banding Surgery
- Other Procedures
Global bariatric surgery market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Allergan Inc.
- Covidien Plc.
- Johnson & Johnson
- Intuitive Surgical Inc.
- GI Dynamics Inc.
- TransEnterix Inc.
- USGI Medical Inc.
- SemiLEDs Ltd.
- Cousin Biotech
- Mediflex Surgical Procedures
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