Bariatric Surgery Devices Industry: Forecasting Solutions in Weight Management (2023-2033)

The market for equipment used in bariatric surgery is projected to grow significantly between 2022 and 2032, at a CAGR of 4.5%.

According to forecasts, the bariatric surgical devices market would increase from US$ 2.1 billion in 2022 to US$ 3 billion in 2032. The market had previously grown at a faster CAGR of 5.2% (2015-2021), with a market size of US$ 2 billion in 2021 as a result.

"As the obesity rate rises and the prevalence of diseases linked to obesity and lifestyle-related issues rises, so does the demand for bariatric surgery devices."

The global bariatric surgery devices market is poised for remarkable growth in the forecast period from 2023 to 2033, driven by the escalating prevalence of obesity worldwide. Obesity has emerged as a global health epidemic, with millions of individuals affected by its adverse health consequences. Bariatric surgery has proven to be an effective treatment option for severe obesity, resulting in significant weight loss and improvement in associated comorbidities. With the increasing burden of obesity and the growing demand for long-term weight management solutions, the bariatric surgery devices market is expected to experience substantial expansion.

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Obesity is a complex and multifactorial condition that requires comprehensive management approaches. Bariatric surgery, also known as weight loss surgery, involves various procedures that modify the gastrointestinal tract to induce weight loss. These procedures can include gastric bypass, gastric sleeve, and gastric banding, among others. Bariatric surgery devices are essential tools used during these procedures to ensure safe and effective surgical outcomes. As the prevalence of obesity continues to rise globally, the demand for bariatric surgery devices is expected to witness significant growth.

Advancements in bariatric surgery techniques and devices have contributed to improved surgical outcomes and patient safety. Minimally invasive procedures, such as laparoscopic and robotic-assisted surgeries, have gained prominence in the field of bariatric surgery, offering patients reduced postoperative complications, shorter recovery times, and improved cosmetic outcomes. Furthermore, innovative bariatric surgery devices, such as adjustable gastric bands and stapling devices, enable surgeons to perform procedures with precision and efficiency. These advancements are driving the growth of the bariatric surgery devices market and expanding access to life-changing weight loss interventions.

The rising prevalence of obesity is a global health concern that requires collaborative efforts from healthcare providers, policymakers, and industry stakeholders. Governments and healthcare organizations are implementing strategies to raise awareness about obesity prevention, early intervention, and treatment options. Bariatric surgery, as a clinically proven approach to long-term weight management, is increasingly recognized as a viable solution for individuals with severe obesity. The growing recognition of the effectiveness of bariatric surgery and the favorable reimbursement policies in several countries are expected to propel the bariatric surgery devices market in the forecast period.

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The bariatric surgery devices market is highly competitive, with several manufacturers and suppliers vying to offer advanced and safe solutions for bariatric procedures. Companies are investing in research and development activities to introduce innovative devices that enhance surgical outcomes and patient experience. Additionally, collaborations between healthcare providers, researchers, and industry stakeholders are fostering knowledge exchange and driving advancements in bariatric surgery devices. These collaborative efforts, coupled with the rising demand for effective obesity management solutions, are expected to fuel the growth of the bariatric surgery devices market and help address the rising prevalence of obesity worldwide.

Companies Covered in This Report -

• Ethicon
• Medtronic
• Intuitive Surgical
• Apollo Endosurgery
• ReShape Lifesciences
• Aspire Bariatrics
• Mediflex Surgical Products
• Spatz FGIA
• Cousin Biotech

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Key segments

By Type

• Minimally Invasive Surgical
• Stapling Devices
• Energy/Vessel Sealing Device
• Suturing Devices
• Accessories
• Non-Invasive Surgical Devices

By Procedure

• Sleeve Gastrectomy
• Gastric Bypass
• Revision Bariatric Surgery
• Non-Invasive Bariatric Surgery
• Adjustable Gastric Banding
• Mini-gastric Bypass
• Biliopancreatic Diversion with Duodenal Switch

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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This release was published on openPR.