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Global Bariatric Surgery Devices Market Outlook to 2029

Healthcare | Q1 2024 | Report ID: MSR02579
Global Bariatric Surgery Devices Market Outlook to 2029

Report Description

Bariatric surgery devices refer to the tools and equipment used during surgical procedures for weight loss and treating obesity. According to Marketstack, the Global Bariatric Surgery Devices Market is expected to grow considerably during the forecasted period. Factors such as the rising incidence of adult obesity brought on by altered lifestyle patterns and excessive calorie consumption are expected to drive the Global Bariatric Surgery Devices Market in the forecasted period. Further, the availability of medical specialists, both experienced and new surgeons practising bariatric procedures, specializing and polishing their surgical skills, is expected to drive the Global Bariatric Surgery Devices Market in the forecasted period. Furthermore, the increased government support and surge in awareness regarding unhealthy food and drinks is expected to drive the Global Bariatric Surgery Devices Market in the forecasted period. However, the high price coupled with surgical devices and strict regulatory scenario in developed countries is expected to restrain the growth of the bariatric surgery devices market. In contrast, the need for more skilled healthcare professionals in developing economies and product recalls can challenge the development of the bariatric surgery devices market in the forecasted period.

An increase in obesity is a major driving factor for the growth of the bariatric surgery market. Obesity is a serious health concern that has been on the rise worldwide in recent years. Obesity is associated with numerous health problems, including cardiovascular disease, type 2 diabetes, cancers, and musculoskeletal disorders. Bariatric surgery is an essential treatment option for some individuals with obesity and has led to significant growth in the global bariatric surgery market share. In addition, the rising demand for weight loss procedures also propels the bariatric surgeries market growth. As the excessiveness of overweight and obesity continues to rise globally, there has been a significant surge in the demand for weight loss procedures in recent years. The choice of weight reduction technique relies on the individual's specific needs, health situation, and preferences. Weight loss surgeries can include both surgical and non-surgical options. Weight reduction procedures have become a more acceptable and approachable choice for those who want to enhance their health and self-confidence despite the stigma that still surrounds weight loss and body image.

Furthermore, the rate of childhood obesity has been seen to be on the rise at an alarming rate. Children who are overweight since childhood are at a higher risk than the typical adult. Chronic diseases such as excessive cholesterol, hypertension, and diabetes are appearing earlier in youngsters. Additionally, the demand for bariatric surgery is increasing, so the availability of surgeons specialized in bariatric surgeries is increasing, ultimately growing the number of surgical procedures and the product demand. Moreover, the government is raising support and awareness about unhealthy foods and drinks and increasing funding for bariatric surgery in developed countries worldwide is anticipated to bolster the market.

North America is the most significant region in the bariatric surgery devices market. It is anticipated to continue its dominance over the forecasted period due to the surging cases of obesity and diabetes, the extensiveness of chronic diseases, and lifestyle changes with poor eating habits. The bariatric surgery device market is growing due to increasing obesity management awareness and the existence of sizable medical device companies. The minimally invasive surgical devices market fragment accounted for the highest revenue share due to they are less painful and involve incisions on the human body. Also, the high occurrence of obesity-related lines is growing worldwide, which requires fewer external scars and less pain during surgery. The demand for minimally invasive surgery, also called laparoscopic surgery, is replacing conventional surgical instruments as they assure faster recovery and are linked to a much-decreased incidence of complications and death. Additionally, the demand for minimally invasive surgery was equipped with the category of stapling devices due to increased Barat operations and the introduction of new and impressive stapling technologies, accelerating the market growth in the forecast period. The increasing demand for efficient, safe, and affordable surgeries drives the need for sleeve gastrectomy. The FDA has also approved that incision-tree operations are better than traditional ones, which sleeve gastrectomy delivers. This process has a shorter hospital stay of about two days after surgery and some complications than other procedures, likely increasing market growth.

Furthermore, it involves a more petite slit, which makes it easier for patients to trust the surgery without fear. This is one of the crucial factors that raise the demand for the procedure in the market. Minimally invasive bariatric surgery patients could resume regular activities earlier, which can enhance their quality of life and lower overall treatment costs. E-commerce has become a critical tool for small and large businesses globally due to consumers' preference for online shopping over traditional purchasing methods. Various animations through health apps to educate people regarding obesity and its associated risks have contributed to the development of the bariatric surgery market in the forecasted period.

The market key players are SPATZ FIGA, Inc., Johnson & Johnson, Intuitive Surgical Inc., USGI Medical Inc., and GI Dynamics Inc.

In February 2023, Teleflex Incorporated announced it was awarded a group purchasing organization (GPO) agreement with Premier®, Inc. for the Titan SGS® powered stapling device, increasing access to this innovative technology for surgeons affiliated with Premier.

In September 2022, Olympus Corporation announced the launch of VISERA ELITE III, its newest surgical visualization platform that addresses the demands of healthcare professionals (HCPs) for endoscopic procedures across multiple medical disciplines. 

Global Bariatric Surgery Devices Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Bariatric Surgery Devices Market by segmenting based on Type (Minimally Invasive Surgical Devices, Non-invasive Surgical Devices) By Procedure (Sleeve Gastrectomy, Gastric Bypass, Revision Surgery, Adjustable Gastric Band), By End User (Hospitals, Specialty Centers, Ambulatory Surgical Centers), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa). The report examines the market drivers and restraints and the impact of COVID-19 on market growth in detail. The study covers emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

 

 

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Bariatric Surgery Devices Market
  • Equip yourself with rigorous analysis and forward-looking insight into the Bariatric Surgery Devices Market across various regions
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop strategy
  • Gain understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for Bariatric Surgery Devices Market evolve over the next five years across various regions
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Tables and charts

Global Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

North America Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

United States Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Canada Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Mexico Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Europe Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

United Kingdom Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Germany Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Other Supporting Charts

Italy Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

France Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Spain Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Europe Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South America Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Brazil Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Argentina Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of South America Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Asia-Pacific Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

China Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

India Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Japan Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South Korea Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Asia-Pacific Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Middle East & Africa Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Saudi Arabia Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

South Africa Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

Rest of Middle-East & Africa Bariatric Surgery Devices Market Size, Market Growth & Market Forecast Revenue(in USD million), 2019-2029

  Who need this report?

  • Manufacturers & Suppliers
  • Healthcare Service Providers
  • Pharmaceutical Companies
  • Insurance Companies
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Other Stakeholders

  What's included

Report - Global Bariatric Surgery Devices Market Outlook to 2029.pdf
Market Data - Global Bariatric Surgery Devices Market Outlook to 2029.xls

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