Global Bariatric Surgery Devices Market Growth 2023-2029
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.
LPI (LP Information)' newest research report, the “Bariatric Surgery Devices Industry Forecast” looks at past sales and reviews total world Bariatric Surgery Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Bariatric Surgery Devices sales for 2023 through 2029. With Bariatric Surgery Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bariatric Surgery Devices industry.
This Insight Report provides a comprehensive analysis of the global Bariatric Surgery Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bariatric Surgery Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bariatric Surgery Devices market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bariatric Surgery Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bariatric Surgery Devices.
The global Bariatric Surgery Devices market size is projected to grow from US$ 1395.6 million in 2022 to US$ 1758 million in 2029; it is expected to grow at a CAGR of 1758 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Bariatric Surgery Devices market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Implantable Gastric simulators
Surgical Staples
Gastric Surgery Clamps
Trocars
Sutures
Surgical Clamps
Segmentation by application
Hospital
Clinic
Beauty Institution
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bariatric Surgery Devices market?
What factors are driving Bariatric Surgery Devices market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bariatric Surgery Devices market opportunities vary by end market size?
How does Bariatric Surgery Devices break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.