Bariatric Surgery Market Trends, Future Outlook, COVID-19 Impact Analysis, Forecast 2023-2029

The global bariatric surgery market is anticipated to grow at a considerable CAGR of 9.2% during the forecast period (2022-2028). Due to recent advances in weight loss surgery or bariatric surgery, there has been a significant improvement in the reliability of procedures. Technological advancements in bariatric surgical devices is one of the major contributor adding to the growth of global bariatric surgery market. Frequent upgradation to newer technology allows the introduction of minimally invasive bariatric surgery solutions and leads to higher accuracy. Continuous technological development in the medical field such as visualization and implantable devices, 3D imaging, gastric bands are improving the medical procedures. Recent advances in ultra-high resolution and 3D imaging allows improved visualization of operative field in minimally invasive surgery.

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These technological advancements are making bariatric surgeries inexpensive, safe, and lesser invasive, which is accelerating the growth of bariatric surgical devices market. Some major Key players are increasing investments in research & development for the development of effective and minimally invasive surgical procedures. For instance, in 2021, Olympus Corporation launched the first devices in the new Powerseal family of advanced bipolar surgical energy products. The Powerseal 5mm Curved Jaw Tissue Sealer and Divider, Double-Action devices meet the highest standards of clinical performance for advanced bipolar surgical energy devices. The Powerseal devices can be used in several forms of surgical intervention including general surgery and gynaecological, colorectal, bariatric, urological, thoracic, and more. Moreover, technological advancements in suturing devices and stapling devices considerably increase the demand for bariatric surgery devices. For instance, The Titan SGS first-of-its-kind surgical stapler design received clearance from the U.S. Food and Drug Administration1 in April 2021, allowing it to be used in bariatric surgery.

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Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
o By Procedures

o By Devices

o By End-User

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Allergan, Inc., Cousin-Biotech, Medtronic PLC, Johnson & Johnson Services, Inc., Olympus Corp., ReShape Lifesciences, Inc., and others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?
Global Bariatric Surgery Market Report Segment

By Procedures

Biliopancreatic Diversion with a Duodenal Switch (bpd-ds)
Adjustable Gastric Band Surgery
Sleeve Gastrectomy Surgery
Gastric Bypass Surgery

By Devices

Gastric Bands
Gastric Balloons
Gastric Stapling Device
Others (Adjustable Gastric Bands and Bariatric Bed)

By End-User

Hospitals and Clinics
Ambulatory Surgical Centers

Bariatric Surgery Market- Segment by Region

North America

United States
Canada

Europe

Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Middle East & Africa
Latin America

Company Profiles

Allergan PLC
Apollo Endosurgery Inc.
Asensus Surgical, Inc.
Aspire Bariatrics, Inc.
EndoGastric Solutions, Inc.
Gelesis, Inc.
GI Dynamics, Inc.
Mediflex Surgical Products
Sklar Surgical Instruments
Spatz FGIA Inc.
Stryker Corp.
USGI Medical, Inc.
L. Gore & Associates, Inc.

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