The Infinium Global Research analyzes the Obesity 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 obesity surgery devices market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of obesity surgery devices. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the obesity surgery devices market during the period. The global obesity surgery devices market is projected to grow at a CAGR of 5.5% over the forecast period of 2018-2024.
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High Incidences of Obesity, Changing Food and Working Habit, and High Consumption of Fast Food are Major Factor for the Growth of Obesity Surgery Devices Market
Obesity has become an epidemic worldwide, it is not only restricted to any particular group of population. Several age group of people are in the grip of obesity. Nowadays, people are increasingly considering surgical weight loss method to get rid of obesity problem. Obesity surgeries are often called bariatric surgeries, these surgeries make use of a variety of obesity surgery devices. The global obesity surgery devices industry has been observing remarkable growth since the past few years.
There are many factors which are indicating a positive outlook of market for medium and long term. Factors such as high incidences of obesity, changing food and working habit, and high consumption of fast food are major factor for the growth of obesity surgery devices market. Additionally, high healthcare expenditure, and increased awareness about obesity related risks among patients are promoting the growth of this market.
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North America is the Largest Market for the Obesity Surgery Device Market
On the basis of region, the obesity surgery devices market is fragmented into North America, Europe, Asia, and the Rest of the World (RoW). North America is the largest market for the obesity surgery device market, due to increasing demand for minimally invasive procedures for reducing obesity, high expenditure on healthcare and increasing prevalence of obesity in the region. The large market share of this segment can be attributed to the rapidly growing obese population and rise in the number of bariatric surgeries.
Asia Pacific region is fastest growing market among the regions during the forecast. The countries like China and India is most promising market, due to large population and rising incidence of obesity in Asian countries due to changing life style, changing consumption habits. Additionally, increasing demand for standardized world class medical facilities, increasing healthcare spending ability among people and government initiatives to provide better health facilities their nationals, are some major factors driving the high growth of this market in these regional segments.
Segments of Global Obesity Surgery Devices Industry
The report on global obesity surgery devices market covers segments such as, type and procedure. On the basis of type the global obesity surgery devices market is categorized into minimally invasive surgical devices and non-invasive surgical devices. On the basis of procedure the global obesity surgery devices market is categorized 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 Players of the Obesity Surgery Devices Industry
The report provides profiles of the companies in the global obesity surgery devices market such as, Ethicon (Subsidiary of Johnson & Johnson), Medtronic, Intuitive Surgical, Apollo Endosurgery, Reshape Lifesciences, Olympus Corporation of the Americas, Aspire Bariatrics, SpatzFgia, Mediflex Surgical Products and Cousin Biotech.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the obesity 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.