Bariatric Surgery Devices Market to Reach $3.2 Billion, Globally, by 2033 at 6.5% CAGR | SPATZ FIGA, Inc., Medtronic plc, B.Braun Melsungen AG, Olympus Corporation

According to the report, the bariatric surgery devices market was valued at $1.7 billion in 2023, and is estimated to reach $3.2 billion by 2033, growing at a CAGR of 6.5% from 2024 to 2033.

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Gowing number of obese population and rise in complications related to obesity are the major factors that drive the growth of the market. However, high cost hinder the market growth. Moreover, technological advancements in bariatric surgery devices offer remunerative opportunities for the expansion of the global bariatric surgery devices market.

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Segment Highlights

Assisting devices in bariatric surgery

Assisting devices in bariatric surgery, such as laparoscopic instruments, staplers, and sutures, are more commonly used compared to implantable devices like gastric bands. These assisting devices facilitate minimally invasive procedures, offering precision and efficiency. Their versatility across various surgical techniques and the trend towards less invasive interventions drive their higher usage over implantable options.

Predominant use of bariatric surgery devices in sleeve gastrectomy

Bariatric surgery devices are predominantly used in sleeve gastrectomy procedures due to the procedure's rising popularity. Sleeve gastrectomy, a minimally invasive technique, involves resecting a large portion of the stomach. Devices like staplers and laparoscopic instruments are crucial for ensuring precision, safety, and effectiveness, driving their extensive use in this surgery.

Hospitals are the prime users of bariatric surgery devices

Hospitals are the primary end users of bariatric surgery devices due to their comprehensive medical facilities and expertise. They provide the necessary infrastructure, skilled surgeons, and post-operative care required for bariatric procedures. The high patient volume and capability to handle complex cases make hospitals the leading centers for utilizing these advanced surgical devices.

Regional Outlook

The bariatric surgery devices market shows robust growth globally, with North America leading due to high obesity rates and advanced healthcare infrastructure. Europe follows with increasing adoption of minimally invasive surgeries. In Asia Pacific, rising healthcare expenditure and awareness are driving market expansion. Latin America and the Middle East & Africa regions are also witnessing gradual market growth.

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Key Players

Johnson And Johnson
Medtronic Plc
Teleflex Incorporated
Richard Wolf Gmbh
Olympus Corporation
Cousin Surgery
Asensus Surgical Us, Inc.
Usgi Medical, Inc
Spatz Figa, Inc.
B Braun Melsungen AG

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This release was published on openPR.