Bariatric Surgery Market anticipated to grow at the CAGR of 5.2% by 2025

Posted by Faraz on January 9th, 2020

The global bariatric surgery market is anticipated to grow at the CAGR of 5.2% during the forecast period. There are various key factors that are contributing towards the growth of the global bariatric surgery market including the rising number of obese patients across the globe, government support for obesity, and technological advancements and innovation in this field. The increasing adoption of minimally invasive surgeries due to rising obesity across the globe is flourishing the growth of the market. The prevalence of diseases is growing due to rising obesity such as CVD and type-2 diabetes. The bariatric surgery and its devices are used for weight loss that is enabling for obese patients through decreasing the swelling volume of stomach with the process of digestive restriction and malabsorption. 

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The major players that contribute to the growth of the Bariatric Surgery market include - llergan, Inc., Cousin-Biotech, Medtronic PLC, Johnson & Johnson Services, Inc., Olympus Corp., ReShape Lifesciences, Inc.

The obesity is one of the major factors that have increased the demand for gastric bypass across the globe and it is driving due to rising adoption of junk food, oily food, no physical activity, and so often. The diabetes and CVD are the major health diseases that have found to be prevalent among the obese population. Thus, the rising prevalence of obesity and increasing demand for weight loss procedures and the emergence of various technologies in bariatric surgery are the key driver for the market growth during the forecast period.

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The bariatric surgeries are an important procedure that have been adopted by various patients to get rid from various diseases and disorders such as sleeve gastrectomy that enable the patients to adopt the surgeries. Due to this result, the consumption of bariatric surgery devices through numerous hospitals, and weight-loss clinics is increasing and flourishing the growth of the global bariatric surgery market. However, the implications of post bariatric surgery are challenging due to risk of infections, small bowel obstruction, internal bleeding, gastrointestinal ulcers and so often can be occur to the patient if such precautions are not acquired.

The global bariatric surgery market is majorly driven by the growing incidence rate of obesity in adults and increasing deployment of advanced technologies across the globe. The rising obesity is giving birth to various diseases and the National Institute for Health and Care Excellence (NICE) suggests consideration of surgery for people those suffers from diabetes mellitus and as well recommends bariatric surgery that as opposed to lifestyle and medication. Moreover, these developments are expected to hold the largest market share over the forecast period.

Global Bariatric Surgery Market- Segmentation

By Procedures

  •          Biliopancreatic Diversion with a Duodenal Switch (bpd-ds)
  •          Adjustable Gastric Band Surgery
  •          Sleeve Gastrectomy Surgery
  •          Gastric Bypass Surgery

By Devices

  •          Gastric Bands
  •          Gastric Balloons
  •          Gastric Stapling Device
  •          Electrical Simulation Device
  •          Others

By End-User

  •          Hospitals and Clinics
  •          Ambulatory Surgical Centers

Global Bariatric Surgery Market– Segment by Region

North America          

  •          US
  •          Canada

Europe

  •          Germany
  •          UK
  •          France
  •          Spain
  •          Italy
  •          Rest of Europe

Asia-Pacific   

  •          China
  •          Japan
  •          India

Rest of Asia-Pacific

Rest of the World

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Source: Global Bariatric Surgery Market

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Faraz

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Faraz
Joined: November 26th, 2019
Articles Posted: 232

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