The Bariatric Surgery Devices Global Market Report 2023 by The Business Research Company, provides bariatric surgery devices market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Bariatric Surgery Devices Global Market Report 2023, the market size is expected to grow from the global bariatric surgery devices market size grew from $1.72 billion in 2022 to $1.86 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The market size of the bariatric surgery devices is expected to grow to $2.49 billion in 2027 at a CAGR of 7.6%.
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 obesity population across the globe to mitigate fat deposits are expected to boost demand for bariatric surgery devices.
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The bariatric surgery devices market 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
Technological advancement is a key trend gaining popularity in the bariatric surgery devices market. Key players operating in the bariatric surgery devices market are focusing on developing technologically advanced products to meet the surgical demands and strengthen their position in the market. These developments include devices that offer improved features for better outcomes in bariatric surgery while reducing risks during the procedure. For instance, in September 2021, Olympus Corporation, a Japan-based medical technology company launched POWERSEAL advanced bipolar surgical energy devices. POWERSEAL provides surgeons with state-of-the-art sealing, dissection, and grasping capabilities in laparoscopic or open surgery while highly reducing the force required by the surgeon to close the jaws. It can be used in various forms of surgical procedures including bariatric surgery, general surgery and gynaecological, colorectal, urological, and other surgeries.
The bariatric surgery devices market report table of contents includes:
- Executive Summary
- Bariatric Surgery Devices Market Characteristics
- Bariatric Surgery Devices Market Trends And Strategies
- Bariatric Surgery Devices – Macro Economic Scenario
- Bariatric Surgery Devices Market Size And Growth
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- Africa Bariatric Surgery Devices Market
- Bariatric Surgery Devices Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Bariatric Surgery Devices Market
- Bariatric Surgery Devices Market Future Outlook and Potential Analysis
- Appendix
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