Obesity Surgery Devices Market Expanding Rapidly To Reach USD 2.83 Billion by 2022

18-Sep-2018 | Zion Market Research

Some of the major companies in obesity surgery devices market comprise Medtronic, Inc., Allergan, Inc., Cousin Biotech, EnteroMedics, Inc., Mediflex Surgical Products, Johnson & Johnson, Aspire Bariatrics, TransEnterix Inc., and Spatz FGIA Inc. among others. These players are set to bolster the development of obesity surgery devices market.

According to analysts at Zion Market Research, the global obesity surgery devices market was capitalized at almost USD 1.64 Billion in 2016 and is likely to create income of almost USD 2.83 Billion by end of 2022, developing at a CAGR of almost 9.5% from 2017 to 2022.

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This review is based on a report by Zion Market Research, titled “Obesity Surgery Devices Market by Surgery Procedure (Gastric Bypass Surgery, Sleeve Gastrectomy Surgery, Gastric Banding Surgery and Others) and By Devices (Adjustable Gastric Bands, Intragastric Balloons, Clip Appliers, Surgical Staples, Trocars and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 - 2022”- Report at http://www.zionmarketresearch.com/report/obesity-surgery-devices-market

Increasing Prevalence Of Obesity All Over The World To Boost Global Obesity Surgery Devices Market

Global obesity surgery devices market is majorly boosted by increasing prevalence of obesity all over the world, as per analysts at Zion Market Research. Other major boosting factors of the obesity surgery devices market are growing awareness about obesity-associated complexities and rising occurrence of obesity-related chronic diseases. On the other hand, lower disposable revenues and the high price of surgeries are the major limitation that might hinder the development of the obesity surgery devices market. Nevertheless, government initiatives to stop the obesity paired with a huge investment in obesity surgery devices all over the world are expected to reveal the new growth opportunities in the near future for obesity surgery devices market.

Global-Obesity-Surgery-Devices-Market123

Rising initiatives by market players is also one of the reasons that are responsible for development of obesity surgery devices market. For example, in April 2018, MID arranged for XXIIIrd World Congress IFSO International Federation for the surgery of metabolic & obesity disorders, thus powering the Obesity surgery devices market.

Gastric Bypass Surgery Sector Will Carry On To Power Obesity Surgery Devices Market In The Coming Years

The obesity surgery devices market is divided based on various surgical procedures such as sleeve gastrectomy surgery, gastric bypass surgery, and others including gastric banding surgery. Gastric bypass surgery sector in obesity surgery devices market holds utmost share and will carry on to do so in the coming years. On the basis of device type, obesity surgery devices market is bifurcated into intragastric balloons, adjustable gastric bands, surgical staples, clip appliers, and others including trocars.

North America Likely To Stay The Leading Area In The Obesity Surgery Devices Market

Europe, North America, Latin America, Asia Pacific, and Middle East & Africa are major regions of global obesity surgery devices market. North America is likely to stay the leading area in the obesity surgery devices market followed by Europe over the forecast period. Requirement for obesity surgery devices was uppermost in North America particularly in the U.S. Asia Pacific is likely to be the reasonable developing area during the forecast period in obesity surgery devices market. Furthermore, Latin America and the Middle East and Africa are also likely to show reasonable development for obesity surgery devices market in the coming years.

The global obesity surgery devices market is segmented as follows:

By Surgery

  • Gastric Bypass Surgery
  • Sleeve Gastrectomy Surgery
  • Gastric Banding Surgery 
  • Others

By Device

  • Adjustable Gastric Bands
  • Intragastric Balloons
  • Clip Appliers
  • Surgical Staples
  • Trocars
  • Others

By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

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