Bariatric Surgery Devices Market Poised to Hit $3.24 Billion by 2029 with Accelerating Growth Trends

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How Large Will the Bariatric Surgery Devices Market Size By 2025?
Over the past few years, the market size for bariatric surgery devices has seen a robust growth. It is estimated that the market will expand from a valuation of $2.04 billion in 2024 to $2.22 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.0%. The substantial growth witnessed in the historical period can be credited to factors like the establishment of healthcare infrastructure, increased awareness and education, the rise of medical tourism, the availability of insurance coverage, government interventions, and the success stories and positive outcomes experienced by patients.

How Big Is the Bariatric Surgery Devices Market Size Expected to Grow by 2029?
The market for bariatric surgery devices is set to experience significant expansion in the coming years. It is projected to reach $3.24 billion by 2029, with a compound annual growth rate (CAGR) of 9.9%. This anticipated growth over the forecast period can be linked to several factors including the aging population, regulatory backing, patient empowerment, preventive health initiatives, minimally invasive procedures, and the international expansion of bariatric surgery. Leading trends expected during the forecast period encompass advances in technology, individualized treatments in bariatric care, the incorporation of artificial intelligence, alliances and partnerships, along with digital health solutions.

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Which Key Market Drivers Powering Bariatric Surgery Devices Market Expansion and Growth?
The surge in obesity rates is significantly enhancing the expansion of the bariatric surgery devices market. Here, obesity refers to an abnormal or excess fat buildup that could potentially endanger an individual's health. Obesity has turned into a worldwide public health concern in recent years, making a significant contribution to global mortality and morbidity rates. The escalating usage of surgical processes by the obese populace worldwide to reduce fat accumulation is anticipated to amplify the demand for bariatric surgery devices. As stated by the World Health Organization (WHO), over 1 billion people globally are currently (2022) grappling with obesity, with 650 million being adults, 340 million youths and 39 million children. For example, based on the reports released by the Office for Health Improvement & Disparities, a department of the UK government, in May 2023, it was found that 26% of the UK's adult population was categorised as obese in 2023, aligning with the data from previous years. This rate indicates a minor uptick from 25.9% in 2021-2022. Hence, the rising obesity rates are set to stimulate the growth of the bariatric surgery devices market.

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Which Fast-Growing Trends Are Poised to Disrupt the Bariatric Surgery Devices Market?
Key players in the bariatric surgery devices market are striving to innovate technologically sophisticated devices such as Surgical Bipolar Energy Device in EMEA to elevate the accuracy of surgical procedures and enhance patient results while shortening recovery periods. The said Surgical Bipolar Energy Device designed for EMEA has the capacity to deliver exact hemostasis and tissue cutting during surgical operations by employing an electrical current between two electrode points. Taking the example of a launch in May 2023, Olympus Corporation, a company originating from Japan, introduced its Surgical Bipolar Energy Device in the EMEA region. Noted for their advancements in medical technology, imaging, and life science products, their EMEA-intended Surgical Bipolar Energy Device is crafted in such a way that it ensures exact hemostasis and tissue trimming during surgeries. This is bolstered by the inclusion of superior technology, for example adjustable power mechanisms for optimal energy transmission, built-in safety features to avoid thermal damage, and ergonomic designs for superior handling.

What Are the Emerging Segments in the Bariatric Surgery Devices Market?
The bariatric surgery devices market covered in this report is segmented -

1) By Type: Minimally Invasive Surgical Devices, Stapling Devices, Energy Or 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

Subsegments:
1) By Minimally Invasive Surgical Devices: Laparoscopic Adjustable Gastric Banding Systems, Laparoscopic Sleeve Gastrectomy Kits, Robotic-Assisted Surgical Devices
2) By Stapling Devices: Linear Staplers, Circular Staplers, Endoscopic Staplers
3) By Energy Or Vessel Sealing Devices: Ultrasonic Devices, Radiofrequency Devices, Electrosurgical Devices
4) By Suturing Devices: Automatic Suturing Devices, Manual Suturing Devices
5) By Accessories: Trocar And Cannula Systems, Bariatric Surgery Instruments, Laparoscopic Graspers And Scissors
6) By Non-Invasive Surgical Devices: Intragastric Balloons, Endoscopic Sleeve Gastroplasty Devices

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Who Are the Global Leaders in the Bariatric Surgery Devices Market?
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., TransEnterix Inc., Olympus Corporation, Spatz FGIA Inc., GI Dynamics Inc., Mediflex Surgical Products, Bariatric Solutions GmbH, W. L. Gore & Associates Inc., Mediflex Surgical Products, Conmed Corporation, Standard Bariatrics Inc., Covidien Plc, EndoGastric Solutions Inc., Abbott Laboratories, Boston Scientific Corporation, Fujifilm Holdings Corporation, Stryker Corporation, Smith & Nephew Plc

Which are the Top Profitable Regional Markets for the Bariatric Surgery Devices Industry?
North America was the largest region in the bariatric surgery devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bariatric surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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