The global demand for Bariatric Surgery Devices Market is presumed to reach the market size of nearly USD 4.76 BN by 2030 from USD 2.9 BN in 2022 with a CAGR of 6.4% under the study period 2023 - 2030.
Bariatric surgery devices industry makes use of a variety of instruments for visualization. These visualization instruments help develop the need for invasive bariatric devices to be used in surgeries. Bariatric surgery devices modify the gastrointestinal tract by restricting the amount of food the stomach can absorb and the nutrients the intestinal tract can absorb.
Market Dynamics
The bariatric surgery devices demand growth is due to a high preference for minimally invasive surgeries (MIS) as a weight-loss option worldwide. The occurrence of obesity cases is regarded as the primary driver of the bariatric surgery devices market. Moreover, increased expenditure on weight loss surgery has boosted individual sales of bariatric surgery equipment. Furthermore, regional government initiatives are influencing the expansion of the bariatric surgery device market. Additionally, the availability of bariatric surgical techniques specialists is expected to fuel the bariatric surgical devices market during the forecasted period. However, the implications arriving post-surgery pose a major challenge in living with bariatric surgery, thereby hampering the bariatric surgery devices market.
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 surgery devices. The growth and trends of bariatric surgery devices industry provide a holistic approach to this study.
Market Segmentation
This section of the bariatric surgery devices 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 Type
- Minimally Invasive Surgical Devices
- Stapling Devices
- Energy/Vessel Sealing Devices
- Suturing Devices
- Accessories
- Non-invasive Surgical Devices
By Procedure
- Sleeve Gastrectomy
- Gastric Bypass
- Revision Bariatric Surgery
- Non-invasive Bariatric Surgery
- Adjustable Gastric Banding
- Mini-gastric Bypass
- Biliopancreatic Diversion with Duodenal Switch
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Bariatric Surgery Devices 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 Surgery Devices 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 surgery devices market include Ethicon (US), Medtronic (Ireland), Intuitive Surgical (US), Apollo Endosurgery (US), and ReShape Lifesciences (US). 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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