Triton’s research report shows that the Asia-Pacific bariatric surgery market is expected to achieve revenue growth at 5.72% CAGR during the 2024-2032 forecast years. China, India, South Korea, ASEAN countries, Australia & New Zealand, Japan, and the Rest of Asia-Pacific are examined in this report.
The prevalence of obesity in South Korea is anticipated to rise due to changing lifestyles. The Ministry of Health and Welfare of the country reported high rates of obesity in both men and women, which is contributing to a rise in diabetes. Moreover, affordable healthcare costs along with high-quality medical facilities attract patients, particularly for bariatric surgeries thereby increasing its demand in the coming years.
Similarly, obesity rates in Australia are rising due to poor dietary habits, sedentary lifestyles, and a decline in physical activity. In this regard, bariatric surgery, which ranges in cost depending on insurance coverage, has become a common intervention for addressing severe obesity. As a result, the market for bariatric surgery is expected to witness substantial growth.
Competitive Outlook
The key companies listed in the bariatric surgery market are Medtronic Plc, Olympus Corporation, Johnson & Johnson, Apollo Endosurgery Inc, B. Braun Melsungen AG, Intuitive Surgical Inc, CONMED Corporation, Mediflex Surgical Products, USGI Medical Inc, and AbbVie Inc.
1. Asia-pacific Bariatric Surgery Market – Summary
2. Industry Outlook
2.1. Porter’s Five Forces Analysis
2.1.1. Threat Of New Entrants
2.1.2. Threat Of Substitutes
2.1.3. Bargaining Power Of Buyers
2.1.4. Bargaining Power Of Suppliers
2.1.5. Threat Of Competitive Rivalry
2.2. Market Maturity Analysis
2.3. Regulatory Framework
2.4. Key Buying Impact Analysis
2.4.1. Surgical Efficacy And Outcomes
2.4.2. Innovative Procedural Techniques
2.4.3. Surgeon Proficiency And Expertise
2.4.4. Compliance With Medical Guidelines And Safety Standards
2.5. Key Market Strategies
2.5.1. Collaborations
2.5.2. Product Launches
2.5.3. Acquisitions
2.5.4. Business Divestitures & Expansions
2.6. Market Drivers
2.6.1. More Accessible And Affordable Bariatric Procedures
2.6.2. Increasing Obesity Rates And Health Risks
2.6.3. Safer And Less Invasive Procedures Due To Technological Advancements
2.6.4. Growing Trend Of Medical Tourism
2.7. Market Challenges
2.7.1. Limited Insurance Coverage In Certain Healthcare Markets
2.7.2. Complications And Mortality Risks Necessitate Intensive Follow-up Care
2.7.3. Shortage Of Skilled Bariatric Surgeons
2.8. Market Opportunities
2.8.1. Shift To Laparoscopic Procedures Over Open Surgeries
2.8.2. Use Of Preoperative 3d Modeling For Precise Planning
2.8.3. Advancements In Gastrointestinal Suture Devices
2.9. Analyst Perspective
3. Asia-pacific Bariatric Surgery Market – By Device
3.1. Assisting Device
3.2. Implantable Device
4. Asia-pacific Bariatric Surgery Market – By Procedure
4.1. Gastric Sleeve Surgery
4.2. Biliopancreatic Diversion With Duodenal Switch
4.3. Adjustable Gastric Band
4.4. Gastric Bypass
5. Asia-pacific Bariatric Surgery Market – By End-user
5.1. Hospital
5.2. Ambulatory Surgical Center
5.3. Bariatric Surgery Clinic
6. Asia-pacific Bariatric Surgery Market – By Country Outlook
6.1. Asia-pacific
6.1.1. Market By Device
6.1.2. Market By Procedure
6.1.3. Market By End-user
6.1.4. Country Analysis
6.1.4.1. China
6.1.4.1.1. China Bariatric Surgery Market Forecast & Prospects
6.1.4.2. Japan
6.1.4.2.1. Japan Bariatric Surgery Market Forecast & Prospects
6.1.4.3. India
6.1.4.3.1. India Bariatric Surgery Market Forecast & Prospects
6.1.4.4. South Korea
6.1.4.4.1. South Korea Bariatric Surgery Market Forecast & Prospects
6.1.4.5. Asean Countries
6.1.4.5.1. Asean Countries Bariatric Surgery Market Forecast & Prospects
6.1.4.6. Australia & New Zealand
6.1.4.6.1. Australia & New Zealand Bariatric Surgery Market Forecast & Prospects
6.1.4.7. Rest Of Asia-pacific
6.1.4.7.1. Rest Of Asia-pacific Bariatric Surgery Market Forecast & Prospects
7. Competitive Landscape
7.1. Johnson & Johnson
7.1.1. Overview
7.1.2. Product Portfolio
7.1.3. Key Strength
7.1.4. Key Challenge
7.2. Apollo Endosurgery Inc.
7.2.1. Overview
7.2.2. Product Portfolio
7.2.3. Key Strengths
7.2.4. Key Challenge
7.3. Olympus Corporation
7.3.1. Overview
7.3.2. Product Portfolio
7.3.3. Key Strength
7.3.4. Key Challenge
7.4. Intuitive Surgical Inc
7.4.1. Overview
7.4.2. Product Portfolio
7.4.3. Key Strengths
7.4.4. Key Challenge
7.5. B. Braun Melsungen Ag
7.5.1. Overview
7.5.2. Product Portfolio
7.5.3. Key Strengths
7.5.4. Key Challenges
7.6. Medtronic Plc
7.6.1. Overview
7.6.2. Product Portfolio
7.6.3. Key Strengths
7.6.4. Key Challenge
7.7. Abbvie Inc
7.7.1. Overview
7.7.2. Product Portfolio
7.7.3. Key Strengths
7.7.4. Key Challenge
7.8. Mediflex Surgical Products
7.8.1. Overview
7.8.2. Product Portfolio
7.8.3. Key Strengths
7.8.4. Key Challenges
7.9. Conmed Corporation
7.9.1. Overview
7.9.2. Product Portfolio
7.9.3. Key Strengths
7.9.4. Key Challenges
7.10. Usgi Medical Inc
7.10.1. Overview
7.10.2. Product Portfolio
7.10.3. Key Strengths
7.10.4. Key Challenges
8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources Of Data
8.3. Research Methodology
List Of Tables
Table 1: Asia-pacific Bariatric Surgery Market, By Country Outlook, Historical Years, 2020-2023 (In $ Million)
Table 2: Asia-pacific Bariatric Surgery Market, By Country Outlook, Forecast Years, 2024-2032 (In $ Million)
Table 3: Regulatory Framework
Table 4: List Of Collaborations
Table 5: List Of Product Launches
Table 6: List Of Acquisitions
Table 7: List Of Business Divestitures & Expansions
Table 8: Asia-pacific Bariatric Surgery Market, By Device, 2024-2032 (In $ Million)
Table 9: Asia-pacific Bariatric Surgery Market, By Procedure, 2024-2032 (In $ Million)
Table 10: Asia-pacific Bariatric Surgery Market, By End-user, 2024-2032 (In $ Million)
Table 11: Asia-pacific Bariatric Surgery Market, By Country Outlook, Historical Years, 2020-2023 (In $ Million)
Table 12: Asia-pacific Bariatric Surgery Market, By Country Outlook, Forecast Years, 2024-2032 (In $ Million)
List Of Figures
Figure 1: Market Maturity Analysis
Figure 2: Key Buying Impact Analysis
Figure 3: Asia-pacific Bariatric Surgery Market, By Device, 2023 & 2032 (In %)
Figure 4: Asia-pacific Bariatric Surgery Market, By Assisting Device, 2024-2032 (In $ Million)
Figure 5: Asia-pacific Bariatric Surgery Market, By Implantable Device, 2024-2032 (In $ Million)
Figure 6: Asia-pacific Bariatric Surgery Market, By Procedure, 2023 & 2032 (In %)
Figure 7: Asia-pacific Bariatric Surgery Market, By Gastric Sleeve Surgery, 2024-2032 (In $ Million)
Figure 8: Asia-pacific Bariatric Surgery Market, By Biliopancreatic Diversion With Duodenal Switch, 2024-2032 (In $ Million)
Figure 9: Asia-pacific Bariatric Surgery Market, By Adjustable Gastric Band, 2024-2032 (In $ Million)
Figure 10: Asia-pacific Bariatric Surgery Market, By Gastric Bypass, 2024-2032 (In $ Million)
Figure 11: Asia-pacific Bariatric Surgery Market, By End-user, 2023 & 2032 (In %)
Figure 12: Asia-pacific Bariatric Surgery Market, By Hospital, 2024-2032 (In $ Million)
Figure 13: Asia-pacific Bariatric Surgery Market, By Ambulatory Surgical Center, 2024-2032 (In $ Million)
Figure 14: Asia-pacific Bariatric Surgery Market, By Bariatric Surgery Clinic, 2024-2032 (In $ Million)
Figure 15: Asia-pacific Bariatric Surgery Market, By Country Outlook, 2023 & 2032 (In %)
Figure 16: China Bariatric Surgery Market 2024-2032 (In $ Million)
Figure 17: Japan Bariatric Surgery Market 2024-2032 (In $ Million)
Figure 18: India Bariatric Surgery Market 2024-2032 (In $ Million)
Figure 19: South Korea Bariatric Surgery Market 2024-2032 (In $ Million)
Figure 20: Asean Countries Bariatric Surgery Market 2024-2032 (In $ Million)
Figure 21: Australia & New Zealand Bariatric Surgery Market 2024-2032 (In $ Million)
Figure 22: Rest Of Asia-pacific Bariatric Surgery Market 2024-2032 (In $ Million)