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Bariatric Surgery Devices Market 2024: Unveiling Growth Secrets, Size Dynamics, and Future Trends for a Thriving 2033
Bariatric Surgery Devices Market
The Business Research Company presents an extensive market research report on the Bariatric Surgery Devices Global Market Report 2024 , furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The bariatric surgery devices market size has grown strongly in recent years. It will grow from $1.91 billion in 2023 to $2.09 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to healthcare infrastructure development, awareness and education, medical tourism, insurance coverage, government initiatives, patient outcomes and success stories.
The bariatric surgery devices market size is expected to see strong growth in the next few years. It will grow to $2.98 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to aging population, regulatory support, patient empowerment, preventive healthcare measures, minimally invasive procedures, globalization of bariatric surgery. Major trends in the forecast period include technological advancements, personalized medicine in bariatrics, integration of artificial intelligence, collaborations and partnerships, digital health solutions.
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Key Market Players:
Major companies operating in the bariatric surgery devices market report are Medtronic plc, Covidien LLC, B. Braun Melsungen AG, Olympus Corporation, Intuitive Surgical Inc, Ethicon LLC, Allergan plc, Endo Technologies LLC, Bariatric Advantage, US Endoscopy, Apollo Endosurgery Inc, Microline Surgical Inc., EndoGastric Solutions Inc, Reshape Medical Inc., ReShape Lifesciences Inc, Cousin Biotech, BaroSense Inc, Bariatric Fusion LLC, Aspire Bariatrics Inc, TransEnterix Inc, Life Partners Europe, MetaCure Ltd., Bariatric Solutions International Inc., USGI Medical Inc., GI Windows Inc., Metamodix Inc., IntraPace Inc, Spatz Medical, BAROnova Inc, Leptos Biomedical, Satiety Inc, Swissmed Instruments AG, Obalon Therapeutics Inc., Obtech Medical AG, Surgiquest Inc, Transenterix Surgical Inc.
Market Drivers:
The growing obese population is significantly contributing to the growth of the bariatric surgery devices market. Obesity refers to the abnormal or excessive accumulation of fat, which might impair the health of individuals. In recent years, obesity has become a public health challenge across the globe, with a substantial contribution to global mortality and morbidity. The growing utilization of surgical procedures by the obese population across the globe to mitigate fat deposits is expected to boost demand for bariatric surgery devices. For instance, according to the World Health Organization (WHO), over 1 billion people globally are obese currently (2022), out of which 650 million account for adults, 340 million are adolescents and 39 million are children. Therefore, an increase in the obese population will contribute to the growth of the bariatric surgery devices market.
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https://www.thebusinessresearchcompany.com/report/bariatric-surgery-devices-global-market-report
The bariatric surgery devices market covered in this report is segmented -
1) By Type: Minimally Invasive Surgical Devices, Stapling Devices, Energy/Vessel Sealing Devices, Suturing Devices, Accessories, Non-invasive Surgical Devices
2) By Procedure: Sleeve Gastrectomy, Gastric Bypass, Revision Bariatric Surgery, Non-invasive Bariatric Surgery, Adjustable Gastric Banding, Mini-gastric Bypass, Biliopancreatic Diversion with Duodenal Switch
3) By End User : Clinics, Hospitals, Specialty Centers, Ambulatory Surgical Centers
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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