Bariatric Surgery Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Bariatric Surgery Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A2160
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Market Overview:

The global bariatric surgery devices market reached a value of US$ 2.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2027, exhibiting a CAGR of 5.65% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Bariatric surgery devices refer to the clinical equipment used for conducting bariatric procedures. These procedures aid in weight loss by restricting the amount of food that the stomach can hold and causing malabsorption of nutrients. They also aid in enhancing the production of gut hormones that reduce appetite and provide the feeling of satiety. Some of the common assisting and implantable devices used during this type of surgery include stapling devices, vessel sealing devices, suturing devices, trocars, adjustable gastric bands, gastric balloons, electrical stimulators, etc.

Bariatric Surgery Devices Market Trends:

The increasing prevalence of various lifestyle disorders, such as obesity, diabetes and cardiovascular diseases (CVDs), is one of the key factors driving the growth of the market. Owing to the sedentary lifestyle habits and unhealthy dietary patterns of the majority of the population across the globe, there has been a significant increase in the instances of weight-related problems, which is escalating the need for bariatric surgeries. Furthermore, the growing preference for minimally invasive (MI) bariatric procedures and devices that eliminate the need for large incisions and cause minimal postoperative stress have also provided a boost to the market growth. Various advancements, such as the development of devices with improved cosmetic results and minimal pain, is acting as another growth-inducing factor. In addition to this, improvements in the surgical procedures, such as Primary Obesity Surgery Endoluminal (POSE), Laparoscopic Greater Curvature Plication (LGCP) and Hand-Assisted Laparoscopic Surgery (HALS), are also creating a positive impact on the market. Other factors, including the increasing health consciousness among the masses, along with the adoption of surgical robots, are projected to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global bariatric surgery devices market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on procedure type, device type, procedure, application and end-user.

Breakup by Procedure Type:

  • Minimally Invasive Surgical Procedures
  • Non-Invasive Surgical Procedures
     

Breakup by Device Type:

  • Assisting Devices
    • Stapling Devices
    • Energy Based Vessel Sealing Devices
    • Suturing Devices
    • Trocars
    • Clip Appliers
    • Others
  • Implantable Devices
    • Gastric Bands
    • Electrical Stimulators
    • Gastric Balloons
    • Transpyloric Shuttle
    • Others
       

Breakup by Procedure:

  • Sleeve Gastrectomy
  • Adjustable Gastric Banding
  • Roux-en-Y Gastric Bypass
  • Biliopancreatic Diversion with Duodenal Switch
  • Others
     

Breakup by Application:

  • Weight Loss
  • Hereditary Disease
  • Other Disorders
     

Breakup by End-User:

  • Bariatric Surgery Clinics
  • Hospitals
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Apollo Endosurgery Inc., GI Dynamics, Intuitive Surgical Inc., Johnson & Johnson Services Inc., Medtronic Inc., Olympus Corporation, Reach Surgical Inc., Reshape Lifesciences Inc., Spatz Fgia Inc., TransEnterix Inc., USGI Medical Inc., etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Procedure Type, Device Type, Procedure, Application, End-User, Region
Region Covered Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Apollo Endosurgery Inc., GI Dynamics, Intuitive Surgical Inc., Johnson & Johnson Services Inc., Medtronic Inc., Olympus Corporation, Reach Surgical Inc., Reshape Lifesciences Inc., Spatz Fgia Inc., TransEnterix Inc. and USGI Medical Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global bariatric surgery devices market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global bariatric surgery devices market?
  • What is the breakup of the market based on the procedure type?
  • What is the breakup of the market based on the device type?
  • What is the breakup of the market based on the procedure?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end-user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global bariatric surgery devices market and who are the key players?
  • What is the degree of competition in the industry?

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Bariatric Surgery Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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