Adjustable Gastric Banding Market Size, Share Report, Analysis, Trends, Growth, Forecast, 2030

Adjustable Gastric Banding Market

Adjustable Gastric Banding Market By Product (Lap-Band and Realize Band) and By End-User (Hospitals, Healthcare Facilities, Medical Diagnostics Sector, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Category: Medical Device Report Format : PDF Pages: 110 Report Code: ZMR-4807 Published Date: Oct-2019 Status : Published
Market Size in 2018 Market Forecast in 2025 CAGR (in %) Base Year
USD 65 Million USD 127 Million 9.84% 2018

Adjustable Gastric Banding Market

Adjustable Gastric Banding Industry Perspective:    

The global Adjustable Gastric Banding Market size was evaluated at $65 Million in 2018 and is slated to hit $127 Million by the end of 2025 with a CAGR of nearly 9.84%? between 2019 and 2025.

The report covers a forecast and an analysis of the adjustable gastric banding market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints of the adjustable gastric banding market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the adjustable gastric banding market on a global and regional level.

In order to give the users a comprehensive view of the adjustable gastric banding market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Adjustable Gastric Banding MarketRequest Free Sample

The report provides a company market share analysis to give a broader overview of the key players in the adjustable gastric banding market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the adjustable gastric banding market on a global and regional basis.

Adjustable Gastric Banding Market: Growth Factors

Consider some of these growth factors for the market for adjustable gastric banding:

The huge rise in the prevalence of obesity around the world has been a major factor propelling the expansion of the adjustable gastric banding industry in recent years. Diabetes, cardiovascular disease, and issues with the joints are just some of the health problems that have been linked to obesity. As a consequence of this, there has been an increase in demand for efficient methods of losing weight, such as surgical procedures like adjustable gastric banding.

Adjustable gastric banding is considered a minimally invasive surgical treatment when compared to other weight loss surgeries such as gastric bypass or sleeve gastrectomy. This procedure involves the placement of a band around the stomach. Because of this reason, it has become increasingly popular among patients who are looking for methods of weight loss that include fewer dangers associated with surgery and require less time for recuperation.

Procedures such as adjustable gastric banding have gained popularity as individuals have grown more health-conscious and are looking for long-term solutions to their obesity problems. Because many people are willing to make adjustments to their lifestyle and are committed to participating in weight management programs over the long term, such operations are now an option that can be considered.

Technological Advancements: The evolution of surgical techniques, instruments, and medical devices has enhanced the safety and effectiveness of adjustable gastric banding procedures. This is due to the fact that these advancements have been made possible by technological advances. Because of this, an increasing number of patients and healthcare experts are looking into this possibility as a potential treatment.

Growing Healthcare Infrastructure: Improvements in healthcare infrastructure and facilities, particularly in emerging nations, have made weight reduction surgeries more accessible to a wider variety of patients. This is particularly the case with regard to the availability of these procedures. The growth potential of the market has been favorably impacted as a result of this.

Coverage from Health Insurance Companies Because health insurance companies now regard obesity as a medical condition that can lead to consequences, some policies may cover the expenses of weight loss surgeries such as adjustable gastric banding. Patients may find that they are better able to afford these operations if their insurance coverage is increased.

The availability of high-quality medical services at reduced costs in certain countries has led to an increase in medical tourism, which has led to an increase in the number of people seeking weight loss surgery in certain nations. Patients interested in undergoing operations with adjustable gastric bands may choose to visit the aforementioned locations.

Clinical Research and Long-Term Results: Ongoing research into the effects and results of adjustable gastric banding over the long term has served to improve confidence in the procedure's efficacy and safety. If the clinical findings are favorable, then more people may choose to have the operation done.

Adjustable Gastric Banding Market: Report Scope

Report Attributes Report Details
Report Name Adjustable Gastric Banding Market Research Report
Market Size in 2018 USD 65 Million
Market Forecast in 2025 USD 127 Million
Growth Rate CAGR of 9.84%
Number of Pages 255
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Aspire Bariatrics, Olympus Corporation of the Americas, Apollo Endosurgery, Ethicon, SpatzFgia, Intuitive Surgical, Mediflex Surgical Product, and ReShape Lifesciences.
Segments Covered By Product, By End-User, By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA)
Base Year 2018
Historical Year 2016 to 2018
Forecast Year 2019 - 2025
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Adjustable Gastric Banding Market: Segmentation

The study provides a decisive view of the adjustable gastric banding market by segmenting it based on product, end-user, and region. The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Adjustable Gastric Banding Market: Competitive Space

Some key players in the adjustable gastric banding market are 

  • Aspire Bariatrics
  • Olympus Corporation of the Americas
  • Apollo Endosurgery
  • Ethicon
  • SpatzFgia
  • Intuitive Surgical
  • Mediflex Surgical Product
  • ReShape Lifesciences.

This report segments the global adjustable gastric banding market into:

Global Adjustable Gastric Banding Market: By Product

  • Lap-Band
  • Realize Band

Global Adjustable Gastric Banding Market: By End-User

Global Adjustable Gastric Banding Market: By Region

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

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

adjustable gastric banding is a surgical weight loss technique that helps people lose weight permanently. In this minimally invasive surgery, a silicone band is inserted around the upper stomach to reduce the pouch. This decreases stomach capacity, making smaller meals feel fuller. This method is unique in that the band's tightness may be adjusted to control weight reduction and meet individual demands. This method encourages patients to eat less, which may help them lose weight and improve their health.

The adjustable gastric banding market will grow rapidly in the years ahead, owing to the increasing incidences of obesity and diabetes globally. The number of minimally invasive surgeries performed is on the rise, due to the accelerating prevalence of diabetes.

According to the report, the global adjustable gastric banding market was USD 65 million in 2018 and is expected to generate around USD 127 million by 2025, at a CAGR of around 9.84% between 2019 and 2025.

North America leads the adjustable gastric banding market, due to the increasing obese population in the U.S., rising awareness among people to focus on their health, and escalating healthcare expenditure. T

Some key players in the adjustable gastric banding market are Aspire Bariatrics, Olympus Corporation of the Americas, Apollo Endosurgery, Ethicon, SpatzFgia, Intuitive Surgical, Mediflex Surgical Product, and ReShape Lifesciences.

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