Published June 19, 2023

The global bariatric surgery devices market size reached USD 1.88 Billion in 2021 and is expected to register a revenue CAGR of 5.4% during the forecast period, according to the latest analysis by Emergen Research. Bariatric surgery is a specific type of weight-loss procedure that is performed on the digestive system. The goal of this therapy is to treat a comorbid condition that is connected to morbid obesity.

Bariatric surgery devices change the gastrointestinal tract by reducing the quantity of food that can be absorbed by the stomach and the amount of nutrients that can be absorbed by the intestinal system.

The projected increase in adult obesity caused by excessive calorie consumption and changing lifestyle choices is expected to drive the market for bariatric surgical devices during the next years. The rise in demand for minimally invasive procedures is one of the major factors affecting the development and demand of the global market for bariatric surgical devices.

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The market for bariatric surgical devices is likely to be driven during the projected period by the availability of clinicians trained in bariatric surgery procedures.

The market for bariatric surgery equipment is severely constrained by a wide range of risk risks related to the procedure, including excessive bleeding, infection, unfavorable anaesthetic reactions, blood clots, lung or breathing issues, and gastrointestinal system leakage. The aforementioned risks deter potential patients from undergoing bariatric surgery, which in turn limits the market’s expansion.

Some Key Highlights From the Report

  • Roux-en-Y Gastric Bypass (RYGB) accounted for the largest market revenue share in 2021. The increasing use of laparoscopic procedures in gastric surgery is a key element driving the segment’s revenue rise. For gastric bypass surgeries, open surgery was employed, leaving the belly with numerous wounds. Therefore, laparoscopic bypass surgeries were created to replace the conventional methods, and they were performed with incredibly small incisions. Laparoscopic surgery is more convenient for patients because it requires a smaller incision. This surgery transforms the stomach into a tiny pouch, allowing little food to enter the small intestine. Bypassing the small intestine, which decreases nutrient and fat absorption and promotes weight loss, the procedure’s notable efficacy is a key component driving the segment’s revenue growth.
  • Minimally invasive devices accounted for the largest revenue share in 2021. The segment’s expansion is attributed in part to the availability of a wide range of minimally invasive devices and anastomotic products, as well as improved market penetration. The industry that produces minimally invasive devices employs most of the significant companies.
  • North America accounted for the largest revenue share in 2021. A significant factor driving market revenue growth in this region is the sizeable number of market participants investing in bariatric surgery equipment in the area. It is expected that the number of product launches would increase significantly as more biomedical businesses invest in the development of bariatric surgical equipment in this area. This is expected to increase market revenue during the forecast period.
  • On June 7, 2022, Ethicon, a division of Johnson & Johnson MedTech, launched The ECHELON 3000 Stapler, which is a digitally enabled bariatric tool that is expected to help surgeons better meet the individual needs of their patients.

Key Companies Profiled in the Report are:

Standard Bariatrics, Medtronic, Johnson and Johnson, Aspire Bariatrics, GI Dynamics, TransEnterix, USGI Medical, Apollo Endosurgery, Inc, Olympus, Mediflex Surgical Product, EnteroMedics

Research Report on the Bariatric Surgery Devices Market Addresses the Following Key Questions:

  • Who are the dominant players of the Bariatric Surgery Devices market?
  • Which regional market is anticipated to have a high growth rate over the projected period?
  • What consumer trends and demands are expected to influence the operations of the market players in the Bariatric Surgery Devices market?
  • What are the key growth drivers and restraining factors of the Bariatric Surgery Devices market?
  • What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
  • What is the overall impact of the COVID-19 pandemic on the Bariatric Surgery Devices market and its key segments?

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Market Segmentations of the Bariatric Surgery Devices Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the forecast period. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Bariatric Surgery Devices market on the basis of product, application, and region:

Segments Covered in this report are:

  • Procedure Outlook (Revenue, USD Billion; 2019-2030)
    • Roux-en-Y Gastric Bypass (RYGB)
    • Adjustable Gastric Band (AGB)
    • Others
  • Product type Outlook (Revenue, USD Billion; 2019-2030)
    • Minimally invasive devices
    • Non-invasive devices
    • Others
  • Regional Outlook (Revenue, USD Billion; 2019-2030)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Bariatric Surgery Devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others

Key reasons to buy the Global Bariatric Surgery Devices Market report:

  1. The latest report comprehensively studies the global Bariatric Surgery Devices market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
  2. The report offers an insightful analysis of the regional outlook of the market.
  3. It offers a detailed account of the end-use applications of the products & services offered by this industry.
  4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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The post At 5.4% CAGR, Bariatric Surgery Devices Market Size to Surpass USD 3.02 Billion by 2030 | Emergen Research appeared first on Market O Graphics.

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