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Obesity Surgery Devices Market Size, Share, Analysis, Trend & Forecast to 2018-2025 - Stats and Reports
The report defines the obesity surgery device market as the devices that are used in the treatment of obesity. Obesity is a medical condition that causes due to the excess body fats and it has destructive effects on health. Obesity has become an epidemic worldwide so considering surgical weight loss method to overcome the obesity problems.Request a Discount on Standard Prices of this Premium Report @ https://www.infiniumglobalresearch.com/reports/request-discount/1536
The growing obesity problem across the world drives the growth of the obesity device market. The rising inclination of people towards ready to eat foods and junk food is the major factors that cause obesity among the population. According to the Center of disease control and prevention, GLOBALLY, The prevalence of obesity was 35.7% among young adults aged 20 to 39 years, 42.8% among middle-aged adults aged 40 to 59 years, and 41.0% among older adults aged 60 and older. The obesity causes several health issues including heart disease, stroke, type 2 diabetes and certain types of cancer and other. Thus, it creates a huge demand for obesity surgeries that anticipated to boost the growth of obesity surgery device market.
Market Segmentation by Type
The various types of devices are used in the obesity surgery according to its type. Minimally Invasive Surgical and Non-Invasive Surgical are two types of surgeries are used in the obesity treatments. On the basis of surgery type, the devices are differentiated. Among the types of obesity surgery device, minimally intensive surgery devices hold significant market shares. Nowadays, most of the obesity surgeries use minimally invasive techniques. In this surgery, the amount of food the stomach can hold is restricted by using malabsorption of nutrients.
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Market Segmentation by Procedure
The common obesity surgery processes are a gastric bypass, sleeve gastrectomy, adjustable gastric band, and biliopancreatic diversion with duodenal switch. The benefits of the processes are depending upon the health status and situation of the patient. Among these Procedures, gastric bypass and sleeve gastrectomy segments hold the significant market shares in the obesity surgery device market. These procedures produce significant long-term weight loss by limiting the amount of food that can be consumed. In addition, the growing acceptance of surgeries to treat the obesity problems are anticipated to escalate the growth of obesity surgery device market in upcoming years.
Regional Analysis
Among the geographies, North America held maximum market shares in the in 2017 and expected to the dominating region over the forecast period. The rising demand for obesity surgeries, the high occurrence of obesity and developed healthcare infrastructure are the key factors that drive the growth of the obesity surgery device market in this region. In addition, Asia Pacific is the fastest growing region in this market. The rapidly changing lifestyles of the population, growing disposable income and the growing popularity of ready to eat foods are contributing to the growth of this market in the Asia Pacific region.
Competitive Landscape
The key companies that covered in 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, Spatz Fgia, Mediflex Surgical Products and Cousin Biotech.
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