Global Bariatric Surgical Procedures Market Growth (Status and Outlook) 2023-2029
Obesity is a medical condition which occurs due to excessive fat accumulation leading to adverse effect on health. Few of the prime reason for obesity are excessive food intake, less physical exercise and genetic susceptibility. According to the World Health Organization (WHO), the body mass index (BMI) greater than or equal to 25-30 kg/m² is known as overweight, and BMI greater than or equal to 30 kg/m² is considered as obesity. According to the WHO, globally, around 1.8 billion adults are overweight, and around 600 million of them were obese in 2014. In addition, around 40 million children below the age of five years were overweight. Bariatric surgery is one of the best treatment option for obesity and overweight.
LPI (LP Information)' newest research report, the “Bariatric Surgical Procedures Industry Forecast” looks at past sales and reviews total world Bariatric Surgical Procedures sales in 2022, providing a comprehensive analysis by region and market sector of projected Bariatric Surgical Procedures sales for 2023 through 2029. With Bariatric Surgical Procedures sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bariatric Surgical Procedures industry.
This Insight Report provides a comprehensive analysis of the global Bariatric Surgical Procedures 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 Surgical Procedures portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bariatric Surgical Procedures market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bariatric Surgical Procedures 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 Surgical Procedures.
The global Bariatric Surgical Procedures market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Increasing obese population due to the rise in lifestyle diseases and sedentary lifestyle is one of the key factors to drive the global bariatric surgical procedures market over the forecast period 2017-2027. Similarly, growing trend of body toning and grooming therapy would have a greater importance on the aesthetic appearance leading to the market growth. Furthermore, increasing healthcare expenditure for obesity management, strategic collaborations among devices manufacturers and bariatric surgery service providers are is also anticipated to fuel the growth of this market over the forecast period. The increasing spending on healthcare per capita for quality patient care and various advanced treatments also boost the growth of the global bariatric surgical procedure market. However, the post-surgical complications and the cost associated with bariatric surgery might hamper the growth of the global bariatric surgical procedures market. On the other hand, the availability of weight management medications and other alternatives might lead to the decreasing growth rate of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of Bariatric Surgical Procedures market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Gastric Bypass Surgery
Adjustable Gastric Banding Surgery
Gastric Sleeve Surgery
Duodenal Switch Surgery
Others
Segmentation by application
Hospitals
Clinics
Ambulatory Surgical Centers
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.
Medtronic
Intuitive Surgical
Allergan
Johnson and Johnson
Mediflex
TransEnterix
Please note: The report will take approximately 2 business days to prepare and deliver.