The Infinium Global Research analyzes the Bariatric Surgery Devices Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global bariatric surgery devices market. It will help a lot of decision-makers to develop strategies and find new opportunities in the global markets of bariatric surgery devices. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the bariatric surgery devices market during the period. The global bariatric surgery devices market is projected to grow at a CAGR of 5.29% over the forecast period of 2018-2024.
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Prevalence of Obesity is Increasing Continuously Worldwide, Thus Demand for Bariatric Surgery is Increased
Bariatric surgery helps to reduce weight for a patient who suffers from obesity. The treatment of comorbid condition those are associated with morbid obesity, which needs bariatric surgery devices. Bariatric surgery includes alteration in the gastrointestinal tract in which the quantity of food that the stomach can intake is restricted or the nutrients that are absorbed in the intestinal tract are restricted.
The devices such as bariatric stapling devices, gastric balloons, and gastric bands are used in bariatric surgery. These medical procedures are expected to be utilized as a part of parallel with lifestyle changes in order to reduce patients’ BMI’s and diminish the predominance of weight and its comorbidities. The bariatric surgery device market is growing significantly due to the development of effective procedures. The prevalence of obesity is increasing continuously worldwide, thus demand for bariatric surgery is increased.
The device such as surgical stapler, gastric band, gastric balloon and others (sutures) are used in bariatric surgery. A surgical stapler is expected to be the largest market among the other devices as due to its benefits such as fewer post-surgery infections, faster recovery, fewer post-surgery infections, reduced pain, bleeding control, and high accuracy. These different devices are used in different procedures of bariatric surgery such as sleeve gastrectomy, RY Gastric bypass, adjustable gastric band, intra gastric balloon and others. Among the procedures, sleeve gastrectomy dominated the procedures segment. In this procedure, a large portion of the stomach along the greater curvature is removed with the help of surgery.
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North America Accounted for the Largest Market Share for Bariatric Surgery Device
Among the geographies, North America accounted for the largest market share for bariatric surgery device. Increasing consumption of junk food and change in lifestyle is the factor that dive the growth in this region. Europe is the second-largest market for bariatric surgery, due to increasing expenditure in the healthcare sector and developed infrastructure are the primary factors driving the growth of this region. Asia-Pacific is expected to grow at the fastest rate due to increasing lifestyle diseases such as diabetes and obesity and increasing per capita income of an individual.
Segments of Global Bariatric Surgery Devices Industry
The report on the global bariatric surgery devices market covers segments such as, procedure, devices and end-user. On the basis of procedure the global bariatric surgery devices market is categorized into sleeve gastrectomy, RY Gastric bypass, adjustable gastric band, intra gastric balloon and others. On the basis of devices the global bariatric surgery devices market is categorized into surgical stapler, gastric band, gastric balloon and others (sutures). On the basis of end-user the global bariatric surgery devices market is categorized into hospitals and ambulatory surgery centers and clinics.
Key Players in the Bariatric Surgery Devices Industry
The report provides profiles of the companies in the global bariatric surgery devices market such as, Johnson and Johnson, GI Dynamics Inc., Covidien Plc, Intuitive Surgical Inc., Allergan Inc, USGI Medical Inc., TransEnterix Inc., Semiled Ltd., Mediflex Surgical Procedures and Others.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the bariatric surgery devices.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research– Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.