Gastric Bands Market 2022 | Top Business Growing Strategies, Technological Innovation and Emerging Trends of Outlook To 2028

Precision Business Insights published a research report on "Gastric Bands Market by Product Type (Adjustable Gastric Bands, Non-Adjustable Gastric Bands), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Others), and Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Global/Region/Country Forecast to 2028"

Obesity is a growing problem around the world since it is linked to a variety of chronic diseases. For weight loss, a variety of pharmacological and surgical therapies are used. Roux-en-Y gastric bypass, sleeve gastrectomy, duodenal switch with biliopancreatic bypass, and gastric banding are the most common surgical weight loss procedures. Some of these surgeries change the stomach and intestine's anatomy, making them irreversible. Gastric banding is a relatively new technique that allows for regulated stomach constriction and extension. Gastric banding, also known as laparoscopic stomach banding, is sometimes combined with gastric stapling in a procedure known as vertical banded gastroplasty (VBG).

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The rising rate of obesity and diabetes, upgraded healthcare infrastructure, rising demand for laparoscopic bariatric procedures, and growing medical tourism in various emerging nations are all contributing to the market's favourable expansion. Sedentary and changing lifestyles, as well as different technical breakthroughs in the medical sector, are some of the primary drivers driving the market for gastric band devices. Furthermore, numerous product developments as well as an increasing number of FDA approvals are expected to provide profitable prospects for the gastric band devices market during the forecast period. High installation costs and a lack of favourable reimbursement rules are expected to impede market expansion throughout the projected period. In addition, the availability of alternatives is expected to stifle market growth.
The market's growth is being hampered by the lower rate of weight loss with gastric bands compared to other surgical procedures. Furthermore, the gastric band requires foreign raw materials to continue to function in the body, which is one of the issues limiting market growth.

The global gastric bands market is divided into three categories: port design, end-user, and geography. The market for port design has been classified into two categories: self-adhesive port and sutured port. Self-adhesive ports have recently been invented, and they have advantages including patient comfort and low or no displacement. The global gastric bands market has been divided into hospitals, ambulatory surgical centres, and others based on end-user. During the projection period, an increasing demand for ambulatory surgical centres for minimally invasive surgeries is expected to promote the usage of gastric bands in these settings.

Due to high adoption of technology and health-care spending, North America is expected to hold the greatest share of the worldwide gastric band market. Europe is likely to control a significant portion of the global market. The market in the region is expected to rise at a significant rate. Obesity is projected to rise throughout Europe as people's lifestyles and eating habits change. This is likely to fuel the country's gastric band market. Government initiatives to improve health-care infrastructure and increase per capita health-care spending in growing nations such as China and India are expected to drive the gastric band market in Asia Pacific.

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There are several industry players working in the Gastric Bands Market, which include Cousin Biotech, Helioscopie Ethicon USA, LLC, Apollo Endosurgery, Inc., Medtronic, TransEnterix Surgical, Inc
M.I. GmbH, Bariatric Partners, Inc, Murfreesboro Surgical Specialists, Obtech Medical AG

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