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Bariatric Surgery Devices Market: Robust Growth, Key Players, and Future Trends
Bariatric Surgery Devices Market Growth
What Is The Projected Market Size Of The Global Bariatric Surgery Devices Market And Its Growth Rate?
The global bariatric surgery devices market exhibits promising growth:
• Market size in 2024: $2.04 billion
• Market size in 2025: $2.22 billion (9.0% CAGR)
• Market size in 2029: $3.24 billion (9.9% CAGR)
This growth is largely attributed to factors such as healthcare infrastructure development, increased awareness, medical tourism, insurance coverage, government initiatives, success stories, and aging population.
What Is Driving The Growth In The Bariatric Surgery Devices Market?
The global rise of obesity is playing a significant role in driving the growth of the bariatric surgery devices market. As the world grapples with a burgeoning obese population, demand for surgical solutions to manage excessive fat deposits is increasing. As per World Health Organization (WHO), over 1 billion people globally are obese currently, and these numbers are rising. This increase in the obese population is expected to continue accelerating the growth of the bariatric surgery devices market.
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Who Are the Key Players Driving Bariatric Surgery Devices Market Growth?
Major companies operating in the bariatric surgery devices market include:
• Medtronic Plc
• Johnson & Johnson
• Apollo Endosurgery Inc.
• Intuitive Surgical Inc.
• Aspire Bariatrics Inc.
• ReShape Lifesciences Inc.
• Cousin Biotech
• USGI Medical Inc.
What Are The Key Trends In The Bariatric Surgery Devices Market?
Notable market trends include:
• Technological advancements in bariatric surgery.
• Increase in personalized medicine in bariatrics.
• Integration of artificial intelligence in surgery procedures.
• Growing number of collaborations and partnerships in the field.
• Rising adoption of digital health solutions in bariatrics.
What Are The Segments Of The Global Bariatric Surgery Devices Market?
The global bariatric surgery devices market is segmented by:
• Type: Minimally Invasive Surgical Devices, Stapling Devices, Energy Or Vessel Sealing Devices, Suturing Devices, Accessories, Non-Invasive Surgical Devices
• Procedure: Sleeve Gastrectomy, Gastric Bypass, Revision Bariatric Surgery, Non-Invasive Bariatric Surgery, Adjustable Gastric Banding, Mini-gastric Bypass, Biliopancreatic Diversion With Duodenal Switch
• End User: Clinics, Hospitals, Specialty Centers, Ambulatory Surgical Centers
Which Region Leads The Bariatric Surgery Devices Market?
North America led the global bariatric surgery devices market in 2024. However, the Asia-Pacific region is expected to experience the fastest growth in the forecast period. Other regions covered in the report include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Bariatric Surgery Devices Market Global Market Report?
- Market Size Analysis: Analyze the Bariatric Surgery Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Bariatric Surgery Devices Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Bariatric Surgery Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Bariatric Surgery Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, new product launches in the market.
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