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Bariatric Surgery Devices Market Statistics, Outlook, and Covid-19 Impact by 2027

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apekshaagarwal
Bariatric Surgery Devices Market Statistics, Outlook, and Covid-19 Impact by 2027

Market Highlights:

Various factors are adding to the global bariatric surgery devices market share. These factors, as per the new MRFR report, include increasing average income of people, rising innovations in R&D of medical devices, favorable reimbursement policies, and the rising awareness about healthcare. Additional factors adding market growth include growing penetration of leading market players, increasing incidence of diseases associated with obesity, rising prevalence of obesity, a growing number of regulatory approvals, and rising technical advanced devices.

Global Bariatric Surgery Devices Market Share is expected to register a CAGR of 5.90% during the forecast period, with a market value of USD 2,405.20 Million.

On the contrary, lack of awareness about diseases related to obesity in middle-income countries, lack of proper healthcare infrastructure, and costly & complicated surgical procedures are factors that may limit the bariatric surgery devices market growth over the forecast period.

Segment Analysis:


The MRFR report provides an inclusive segmental analysis of the global bariatric surgery devices market based on end user, procedure types, and devices.

 

By devices, the bariatric surgery devices market is segmented into implantable devices, assisting devices, and others. Assisting devices are again segmented into trocars, incision closure devices, stapling devices, suturing devices, and others. Implantable devices are again segmented into gastric emptying devices, electrical stimulation devices, gastric balloons, and gastric bands.

By procedure types, the bariatric surgery devices market is segmented into gastric bypass, biliopancreatic diversion with duodenal switch, mini-gastric bypass, adjustable gastric banding, non-invasive bariatric surgery, revision bariatric surgery, gastric bypass, and sleeve gastrectomy. Of these, the sleeve gastrectomy segment will dominate the market over the forecast period.

By end user, the bariatric surgery devices market is segmented into hospital pharmacies, ambulatory surgical centers, bariatric surgery clinics, and others.

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Regional Analysis:

The global bariatric surgery devices market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas is expected to hold the largest share of the global bariatric surgery devices market. This is owing to the rising obese and overweight population, increasing sedentary lifestyle, and growing demand for minimally invasive procedures. Also, increasing awareness about procedures related to bariatric surgery devices in the US, prompts market growth.

The European market holds the second-largest position in the global bariatric surgery devices market size. Factors attributing to the growth of the market are the availability of minimally invasive bariatric surgery devices, the increasing launch of bariatric surgery devices and growing innovation in the medical device market is expected to drive the market growth in Europe.

Asia-Pacific is estimated to be the fastest-growing region owing to the rapidly rising per capita disposable income and availability of advanced surgical devices support the market growth. Also, the presence of a large target population in countries such as China and India are expected to boost the market growth. The growing geriatric population in Asian countries is also likely to be one of the major supporting factors during the forecast period.


The bariatric surgery devices market in the Middle East & Africa is expected to grow at a significant rate owing to growing advanced treatment facilities in the economies of the UAE and Saudi Arabia in the Middle East which drives market growth.

Key Players:

MRFR recognizes the following companies as the Key Players in the global bariatric surgery devices market— Medtronic (Ireland), Apollo Endosurgery, Inc. (US), Intuitive Surgical Inc. (US), Johnson & Johnson Services Inc. (US), ReShape Lifesciences, Inc. (US), Olympus Corporation (Japan), Mediflex Surgical Products (US), TransEnterix Surgical, Inc. (US), Aspire Bariatrics (US), and Spatz FGIA, Inc. (US) among others. 

Key Findings of the Study

  • The global bariatric surgery devices market was valued at USD 1610.20 million in 2018, is estimated to grow at USD 2,405.20 million by 2025 at a CAGR of 5.9% during the assessment period
  • Asia-Pacific accounted for the largest share of the global market due to the increasing demand for bariatric surgery, presence of large number of geriatric population and developing countries enhances the market growth
  • Based on procedure, the sleeve gastrectomy segment accounted for the largest market share in 2018

Browse Detailed TOC with COVID-19 Impact Analysis at:

https://www.marketresearchfuture.com/reports/bariatric-surgery-devices-market-6107

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: [email protected]

 

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