The bariatric surgery devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 3.08 billion by 2028 and will grow at a CAGR of 7.38% in the above mentioned forecast period.
Bariatric Surgery Devices Market research report provides a comprehensive analysis of the market. The report aims to provide insights into Bariatric Surgery Devices Market trends, growth opportunities, key drivers and challenges, competitive landscape, and other crucial factors that may impact the market in the forecast period (2024-2031).
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Which are the top companies operating in the Bariatric Surgery Devices Market?
The study report on the Bariatric Surgery Devices Market offers a comprehensive analysis of the industry, highlighting key trends, market dynamics, and competitive landscape. It profiles prominent organizations operating in the market, examining their successful strategies and market share contributions. This Bariatric Surgery Devices Market report provides the information of the Top 10 Companies in Bariatric Surgery Devices Market in the market their business strategy, financial situation etc.
**Segments**
- **Type**: The bariatric surgery devices market can be segmented based on type into minimally invasive surgical devices, and non-invasive surgical devices. Minimally invasive surgical devices are expected to dominate this segment due to their less invasive nature, reduced risk of complications, and quicker recovery times.
- **Procedure**: Under the procedure segment, the market can be further categorized into sleeve gastrectomy, gastric bypass, adjustable gastric banding, biliopancreatic diversion with duodenal switch, and others. Sleeve gastrectomy is gaining popularity as it limits the amount of food a person can eat by reducing the size of the stomach.
- **End-User**: The end-user segment includes hospitals, ambulatory surgery centers, and specialty clinics. Hospitals are the primary end-users due to the availability of skilled professionals, advanced infrastructure, and round-the-clock services.
**Market Players**
- **Medtronic**: Medtronic is a key player in the bariatric surgery devices market, offering a wide range of minimally invasive surgical devices that are used in various bariatric procedures.
- **Johnson & Johnson Services, Inc.**: Johnson & Johnson provides innovative bariatric surgery devices that cater to the evolving needs of healthcare professionals and patients alike.
- **Allergan**: Allergan is another prominent player known for its adjustable gastric banding devices that assist in weight loss and management for patients undergoing bariatric surgery.
- **Intuitive Surgical**: Intuitive Surgical specializes in robotic-assisted surgical devices that are increasingly being used in bariatric procedures for enhanced precision and improved patient outcomes.
The bariatric surgery devices market is witnessing significant growth driven by the rising prevalence of obesity, increasing awareness about the health risks associated with obesity, and technological advancements in surgical devices. The demand for bariatric surgery devices is expected to surge as more healthcare providers and patients opt for minimally invasive procedures that offer faster recovery times and better outcomes.The bariatric surgery devices market is experiencing a notable expansion propelled by a variety of factors. Firstly, the escalating prevalence of obesity worldwide is a key driver for the market growth. As obesity rates continue to rise, there is a growing need for effective treatment options such as bariatric surgery devices. Additionally, the increasing awareness among individuals regarding the associated health risks of obesity is steering more patients towards seeking bariatric procedures. With obesity being linked to various serious conditions like diabetes, cardiovascular diseases, and certain types of cancer, the demand for weight loss interventions including bariatric surgery devices is set to rise.
Moreover, advancements in technology within the surgical devices sector are playing a significant role in the market growth. The development of minimally invasive surgical devices has revolutionized bariatric procedures by offering less invasive options with reduced risk of complications and quicker recovery times. This has made bariatric surgery more attractive to both healthcare providers and patients, driving the adoption of these advanced devices. The shift towards minimally invasive techniques is expected to fuel the demand for devices that support such procedures, thereby contributing to the overall market expansion.
In terms of segmentation, the market can be divided based on type, procedure, and end-users. The dominance of minimally invasive surgical devices is evident due to their superior benefits over non-invasive alternatives. Sleeve gastrectomy, a popular procedure that restricts food intake by reducing stomach size, is gaining traction among patients seeking weight loss solutions. Hospitals stand out as the primary end-users of bariatric surgery devices, benefitting from skilled professionals, advanced infrastructure, and comprehensive services that support effective surgical interventions.
Key players in the market such as Medtronic, Johnson & Johnson Services, Inc., Allergan, and Intuitive Surgical are leading the way with innovative solutions catering to the evolving needs of healthcare professionals and patients. Medtronic's wide range of minimally invasive devices, Johnson & Johnson's innovative offerings, Allergan's specialized gastric banding devices,**Market Players**
The major players covered in the bariatric surgery devices market report are Medtronic, Johnson & Johnson Services, Inc., Intuitive Surgical, Apollo Endosurgery, Inc., Reshape Lifesciences, Inc., Olympus Corporation, Aspire Bariatrics, Spatz FGIA Inc., Mediflex Surgical Products, Cousin Biotech, Allergan, GI Dynamics, Inc., Asensus Surgical US, Inc., USGI Medical, Stryker, Smith & Nephew, Abbott, B. Braun Melsungen AG, Zimmer Biomet, and Teleflex Incorporated among other domestic and players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately.
The bariatric surgery devices market is witnessing substantial growth driven by key factors such as the increasing prevalence of obesity and related health risks, growing awareness about the benefits of bariatric procedures, and advancements in surgical technology. The rise in obesity rates globally has created a demand for effective treatment options like bariatric surgery devices, which offer significant weight loss solutions. Moreover, as individuals become more educated about the serious health implications of obesity, the interest in bariatric surgeries is expected to increase. Conditions such as diabetes, heart diseases, and certain cancers linked to obesity are driving the need for weight loss interventions, thus boosting the market for bariatric surgery devices.
Technological advancements in surgical
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Regional Analysis For Bariatric Surgery Devices Market
North America (the United States, copyright, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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This report provides Bariatric Surgery Devices Market :
- An in-depth overview of the market for
- Bariatric Surgery Devices Market Assessment of the industry trends, historical data from 2015, projections for the coming years, and anticipation of compound annual growth rates (CAGRs) by the end of the forecast period.
- Discoveries of new market prospects and targeted marketing methodologies for Bariatric Surgery Devices Market
- Discussion of R&D, and the demand for new products launches and applications.
- Wide-ranging company profiles of leading participants in the industry.
- The composition of the market, in terms of dynamic molecule types and targets, underlining the major industry resources and players.
- The growth in patient epidemiology and market revenue for the market globally and across the key players and Bariatric Surgery Devices Market segments.
- Study the market in terms of generic and premium product revenue.
- Determine commercial opportunities in the market sales scenario by analyzing trends in authorizing and co-development deals.
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