openPR Logo
Press release

Global Market for Obesity Surgery Devices Expected to Witness a Robust Growth at 9.6% CAGR during 2014 to 2020

02-10-2017 05:00 AM CET | Health & Medicine

Press release from: Persistence Market Research Pvt. Ltd

Global Market for Obesity Surgery Devices Expected to Witness

Owing to obesity epidemic that has clutched the world, people are inclining towards surgical solutions for weight loss. The global obesity surgery devices market is expected to witness an outstanding 9.6% CAGR during the forecast period, 2014 to 2020. In 2014, the market revenue for obesity surgery devices was worth US $1.43 billion and is expected to account for US $2.48 billion by 2020 end. In terms of value the global market for obesity surgery devices, in 2014, was valued at US $1,432.4 million and is estimated to reach US $2,489.5 million by 2020 end.

A Sample of this Report is Available Upon Request @ http://www.persistencemarketresearch.com/samples/2894

Factors fuelling the growth of the global market for obesity surgery devices include

Increasing consumption of junk food, rising sedentary lifestyle and increasing weight gain among the population.
Increasing obesity prevalence among children and adults in developing as well as developed countries.
The more the body weight, the more are the after effects faced by it such as high risks of type-2 diabetes, several forms of cancer, heart diseases and strokes. Obesity surgery is widely available for people who have excessive and complex obesity. Significant costs of obesity surgery and insufficient insurance coverage make it difficult for obesity surgery. In addition, the selective nature and complex procedure of obesity surgery devices resist the market growth of obesity surgery devices.

North America to Remain the Largest Market for Obesity Surgery devices

Region-wise, the global market for obesity surgery devices is categorised into North America (Canada & U.S.), Asia Pacific (India, Australia, Japan & China), Europe (U.K., Belgium, Germany, France, Sweden & Spain), and remaining regions of the world. North America has held its position as the largest market for obesity surgery devices. Following North America Is Europe. It is estimated that North America will remain lucrative for global obesity surgery devices market. The market value of North America for obesity surgery devices was worth US $968.7 million in 2014 and it is estimated to account for US $1.66 billion by 2020 end, growing at around 9.4% CAGR during the forecast period. Asia Pacific (APAC) is expected to grow fastest in the global market for obesity surgery devices over the forecast period. With respect to obesity prevalence, Asia Pacific holds its ground as the second largest region.

Roux-en-Y Gastric Bypass to Witness 10% CAGR during 2014 to 2020

Based on Procedure, the global market for obesity surgery devices is categorised into sleeve gastrectomy, duodenal switch biliopancreatic diversion, adjustable gastric banding, and Roux-en-Y gastric bypass. Owing to its incision-free nature, the prevalence of sleeve gastrectomy is increasing. This segment is estimated to grow fastest during the forecast period. Due to its minimally invasive nature, gastric bypass is estimated to foolproof its dominance over the global obesity surgery devices market. In 2014, the market of Roux-en-Y gastric bypass was worth US $691.4 million and is estimated to reach US $1.22 billion by the end of 2020. This segment is expected to exhibit 10% CAGR during the forecast period.

Staples Segment Remains Lucrative Over the Forecast Period

Based on obesity surgery devices, the market is categorised into gastric bands, staples, gastric electrical stimulation and intragastric balloons. The staples segment is estimated to hold its place as the largest segment, as compared to other segments. While, gastric electrical stimulation is expected to witness fastest growth during the forecast period.

Request to View Tables of Content @ http://www.persistencemarketresearch.com/market-research/obesity-surgery-devices-market/toc

In order to eliminate the side effects and risks of traditional surgical procedures for obesity, leading market players are focusing on novel surgical techniques development. These market players include Medtronic Inc., Covidien Plc, TransEnterix Inc., Spatz FGIA Inc., IntraPace Inc., Allergan Inc., Semiled Ltd., Johnson & Johnson, Apollo Endosurgery Inc., Mediflex Surgical Product, Aspire Bariatrics, MetaCure, Intuitive Surgical Inc. and, USI Medical Inc.

To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/2894

About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated re-search, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Con-sumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s en-gagement models are highly flexible without compromising on its deep-seated research values.

Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Market for Obesity Surgery Devices Expected to Witness a Robust Growth at 9.6% CAGR during 2014 to 2020 here

News-ID: 433104 • Views:

More Releases from Persistence Market Research Pvt. Ltd

Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Market to Hit Surpass US$ 679.6 Million by 2032
Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Mar …
Stroke Rehabilitation Market Size The global stroke rehabilitation market size was valued at US$ 266.4 million in 2021 and is expected to grow at a CAGR of 9% from 2022 to 2032. Revenue generated from the sales of stroke rehabilitation solutions will surge to US$ 679.6 Million by the end of 2032. The growth of the market is being driven by the increasing incidence of strokes, the growing demand for innovative rehabilitation
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthetic Lasers Market
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthe …
Market Study on Aesthetic Lasers The aesthetic lasers market reached US$2.8 billion in global revenue in 2021, and it will continue to expand quickly, with a value CAGR of 6.4%, to reach US$5.5 billion by the end of 2032. The growth of the market is being driven by the increasing demand for minimally invasive cosmetic procedures, rising disposable income, technological advancements, and growing medical tourism. Stay Ahead with Market Intelligence Get Free
Predictive Insights for Precision Medicine: The Global Biosimulation Market is Set to Hit USD 10 billion by 2030
Predictive Insights for Precision Medicine: The Global Biosimulation Market is S …
Biosimulation Market Research The Global Biosimulation Market Size was valued at USD 2.9 billion in 2022 and is expected to reach USD 10.0 billion by 2030, registering a CAGR of 16.9% during the forecast period. The growth of the biosimulation market is being driven by the increasing use of biosimulation in a variety of applications, such as drug discovery, clinical trials, and toxicity prediction.  Market Overview The biosimulation market has experienced rapid growth
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheelchairs to Boost Growth
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheel …
Wheelchair and Components Market The global wheelchair and components market is projected to reach USD 17.9 billion by 2033, at a CAGR of 3.7% from 2022-2033. The growth of the market is driven by the increasing prevalence of disabilities, the rising geriatric population, and technological advancements in wheelchair design and manufacturing. Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/12961 The global wheelchair and components market has witnessed significant growth in

All 5 Releases


More Releases for North

Man and Van North London: Your Go-To Moving Solution in North London
North London, London - June 23, 2025 - Looking for a stress-free and efficient moving experience in North London? Look no further than Man and Van North London, the trusted, reliable moving service that's changing the way people approach relocation. Based in the heart of North London at 2 Abbotsbury, the team at Man and Van North London provides affordable, hassle-free moving services designed to fit every need. Whether you're moving
North America Biosimulation Market
The global biosimulation market is experiencing rapid expansion, driven by advancements in technology and the increasing demand for computational tools that can accelerate drug discovery, clinical trials, and regulatory processes. As of 2023, the market was valued at USD 3.5 billion and is projected to reach USD 14.1 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 16.90% from 2024 to 2032. Biosimulation, which involves the use of
Entirewire Electrician North Canton Offers Top-Tier Electrical Services for Nort …
Image: https://www.getnews.info/wp-content/uploads/2024/09/1726505467.png Entirewire Electrician North Canton provides high-quality electrical services to residential and commercial clients in North Canton, OH. Specializing in electrical panel replacement, repairs, and installations, their team of certified electricians ensures safe, reliable, and efficient solutions, making them a trusted choice for all electrical needs in the local community. North Canton, OH - Entirewire Electrician North Canton continues to provide exceptional electrical services for residents and businesses in the
Web Design North: Providing Exceptional Graphic Design Services in North Bay
Web Design North, a leading digital marketing and SEO agency, provides peerless graphic design services in North Bay. Specific and highly effective digital solutions can help solve the challenges businesses encounter in reaching their target audience. With the combination of these solutions and the expertise of digital professionals, business owners can rest assured that they will make more progress and thrive among their competitors. Web Design North is a dedicated marketing
Web Design North Offers Digital Marketing Services in North Bay, Canada
Web Design North is a reputable company that provides digital marketing solutions and website development services in Canada. Web Design North is excited to debut its updated website, showcasing a more modern and user-friendly design. The new site features easy navigation, allowing potential clients to easily browse and learn about the company's services and view their impressive portfolio of work. As a leading web design company, Web Design North understands the
Web Design North Now Offers North Bay Website Designing Services
Web Design North has successfully worked with businesses of all sizes across North America and internationally. Web Design North, a leading digital marketing agency in Canada, is proud to announce its expertise in web designing and SEO marketing for businesses in various industries across the country. With a team of experienced professionals, Web Design North has helped numerous clients establish a strong online presence and drive significant traffic to their websites.