Global Bariatric Surgery Devices Market Research Report 2023(Status and Outlook)

Global Bariatric Surgery Devices Market Research Report 2023(Status and Outlook)

Report Overview

Undertaking a bariatric surgery has become relatively necessary for the majority of the global population, especially the obese and the overweight demographic. The fact that obesity is one of the most prevalent and endangering health disorders has increased the awareness about bariatric surgery and devices. The demand for bariatric surgery devices has registered a considerable surge by the virtue of growing preference for less-invasive bariatric surgeries. Additionally, the rising expenditure on weight loss procedures has promoted the sales of bariatric surgery devices at the individual level. Regional government initiatives are also influencing the growth of the global market for bariatric surgery devices.

The North America bariatric surgery devices market was the largest in 2017, owing to high obesity rates along with huge government supported funding and research activities undertaken by the industry players to evaluate the efficiency of their surgeries to treat obesity. For instance, bariatric surgeries, which were insured by Medicare only for population having BMI 40 and above was revised and decreased to 30 and above. This change benefited large population who were obese and could not afford the huge surgery, surgeons, and hospital costs.

The Global Bariatric Surgery Devices Market Size was estimated at USD 1426.70 million in 2022 and is projected to reach USD 1778.65 million by 2029, exhibiting a CAGR of 3.20% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Bariatric Surgery Devices market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Bariatric Surgery Devices Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Bariatric Surgery Devices market in any manner.

Global Bariatric Surgery Devices Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Cousin Biotech

Intuitive Surgical, Inc.

Endogastric Solutions, Inc.

ReShape Lifesciences

Medtronic

USGI Medical, Inc

Olympus

Johnson & Johnson

ReShape Medical, Inc.

Ethicon-Endosurgery

Transenterix, Inc.

Satiety, Inc

Pare Surgical, Inc

Spatz FGIA, Inc.

Allergan, Inc.

GI Dynamics, Inc.

Market Segmentation (by Type)

Implantable Gastric simulators

Surgical Staples

Gastric Surgery Clamps

Trocars

Sutures

Surgical Clamps

Market Segmentation (by Application)

2–5 Years

6–8 Years

9–12 Years

Teenagers

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Bariatric Surgery Devices Market

Overview of the regional outlook of the Bariatric Surgery Devices Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors