The global demand for Bariatric Surgeries Market is presumed to reach the market size of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of XX% under the study period 2023 - 2030.
Bariatric surgery (weight loss surgery) refers to a group of surgical procedures designed to help obese individuals lose weight. These surgeries work by either reducing the size of the stomach or by rerouting the small intestine to a smaller stomach pouch, resulting in reduced food intake and absorption. There are several types of bariatric surgery, including gastric bypass, sleeve gastrectomy, adjustable gastric banding, and biliopancreatic diversion with a duodenal switch. These surgeries can be performed using open or laparoscopic techniques, and the specific procedure recommended will depend on the individual's medical history, lifestyle, and other factors.
Market Dynamics
The prevalence of obesity across the world has tripled since 1975, with nearly 40% of adults aged 18 years and over being overweight (as per WHO). This has led to an increase in demand for bariatric surgeries as a means of managing and reducing obesity. As people become aware of the benefits of weight loss surgery, there is an increase in demand for these procedures. Bariatric surgery has been shown to be effective in reducing weight and improving health outcomes in patients with obesity. Advances in surgical techniques and technology have made bariatric surgery safer and less invasive. For example, laparoscopic techniques have replaced traditional open surgery, reducing the risk of complications and improving patient recovery time. The growing healthcare expenditure, particularly in developing countries, is also supporting the availability of bariatric surgery. This is due to the high cost of these surgeries, which can be a significant barrier for many patients. Governments in many countries are implementing initiatives to promote healthy lifestyles and reduce the burden of obesity-related health disorders. This has led to an increase in demand for bariatric surgeries as a means of managing obesity and improving health outcomes.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of bariatric surgeries. The growth and trends of bariatric surgeries industry provide a holistic approach to this study.
Market Segmentation
This section of the bariatric surgeries market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Device
- Assisting Devices Type (Stapling Devices, Suturing Devices, Others)
- Implantable Devices Type (Gastric Balloon, Gastric Band, Others)
- Others
By Procedure
- Sleeve Gastrectomy
- Gastric Bypass
- Others
By End User
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Bariatric Surgeries market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Bariatric Surgeries Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the bariatric surgeries market include Johnson & Johnson, SPATZ FIGA, Inc., B Braun Melsungen AG, Medtronic plc, Teleflex Incorporated, Richard Wolf GmbH, Olympus Corporation, USGI Medical, Inc, Cousin Surgery, Asensus Surgical US, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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