Global Bariatric Surgery Devices survey provides key information about the industry, including very helpful and important facts and figures, expert opinions, and the latest developments across the globe. The report on the Global market is an important document for every market enthusiast, policymaker, investor, and player. The report provides with CAGR value fluctuation during the forecast period of 2019-2029 for the market. The Bariatric Surgery Devices Market Reports provides data on patterns and improvements, and target business sectors and materials, limits and advancements.
The Global Bariatric Surgery Devices Market is expected to reach USD 2.42 billion by 2025, from USD 1.51 billion in 2017 growing at a CAGR of 6.08% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Major Market Competitors/Players:
Some of the major players operating in the global bariatric surgery devices market are Ethicon (Subsidiary of Johnson & Johnson), Medtronic plc., Intuitive Surgical Inc., Apollo Endosurgery, Reshape Lifesciences, Olympus Corporation of the Americas, Aspire Bariatrics, Spatz Fgia, Cousin Biotech, Allergan Inc., Cousin Biotech, Pare Surgical, Inc., Covidien Plc, Johnson and Johnson, GI Dynamics Inc., TransEnterix Inc., USGI Medical Inc., Semiled Ltd., Cousin Biotech and Mediflex Surgical Procedure among others.
The global bariatric surgery devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of bariatric surgery devices market for global, Europe, North America, Asia Pacific and South America.
Global Bariatric Surgery Devices Market, 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), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Bariatric surgery is primarily used for the weight-loss processes which mainly include the treatment of comorbid disorder that is associated with morbid obesity which needs bariatric surgery devices. It includes the modification in the gastrointestinal tract by which either the nutrients that are absorbed in the intestinal tract are controlled or the quantity of food that the stomach can intake is controlled.
Major Market Drivers and Restraints:
- Increasing incidence rate of obesity in adults due to changing lifestyle habits
- Excessive intake of calories
- Increasing preference for minimally invasive procedures
- Government support and increasing awareness about unhealthy food
- Product recalls
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Market Segmentation: Global Bariatric Surgery Devices Market
- The global bariatric surgery devices market is segmented based on product type, end user, application, distribution channel and geographical segments.
- Based on type, the market is segmented into minimally invasive surgical devices, and non-invasive surgical devices. The minimally invasive surgical devices are further sub segmented into stapling devices, energy/vessel sealing devices, suturing devices, accessories
- On the basis of procedure, the market is classified into sleeve gastrectomy, gastric bypass, revision bariatric surgery, non-invasive bariatric surgery, adjustable gastric banding, mini-gastric bypass and biliopancreatic diversion with duodenal switch.
Key Developments in the Market:
- In August 2014, Ethicon, LLC., US (Johnson & Johnson’s division) has launched three new endocutter and energy products intended for bariatric procedures such as sleeve gastrectomy and gastric bypass. The company also launched the Echelon Flex GST system and a new 45 cm Enseal G2 Articulating Tissue Sealer it is first purely ultrasonic device with a 7-millimeter (mm) vessel-sealing indication.
- In June 2015, Medtronic plc. has launched new bariatric surgery device with the name GastriSail(TM) gastric positioning system to help promote more consistent sleeve creation. This will make the most common weight loss procedure in U.S. more consistent and efficient.
Reasons to Purchase this Report
- Current and future of global bariatric surgery devices market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
- Regions/countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report
- The report includes the complete segmentation displayed above across all above mentioned countries
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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