Bariatric Surgery Market - Global Industry Analysis

Name: Bariatric Surgery Market by Devices Type (Assisting Devices and Implantable Devices) and by Procedure (Sleeve Gastrectomy, Gastric Bypass, Revision Bariatric Surgery, Non-Invasive Bariatric Surgery, Adjustable Gastric Banding, Mini-Gastric Bypass, and Biliopancreatic Diversion with Duodenal Switch): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2024
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SKU: ZMR-3158
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Bariatric Surgery Market by Devices Type (Assisting Devices and Implantable Devices) and by Procedure (Sleeve Gastrectomy, Gastric Bypass, Revision Bariatric Surgery, Non-Invasive Bariatric Surgery, Adjustable Gastric Banding, Mini-Gastric Bypass, and Biliopancreatic Diversion with Duodenal Switch): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2024

Published Date: 07-Feb-2019 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-3158 Status : Published

Global bariatric surgery market expected to generate revenue of around USD 3,518 million by end of 2024, growing at a CAGR of around 10.3% between 2019 and 2024. Bariatric surgery is generally the last option for patients who have failed in the attempt to lose weight with several other means.

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Description

The report covers forecast and analysis for the bariatric surgery market on a global and regional level. The study provides historic data of 2016, 2017, and 2018 along with a forecast from 2019 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the bariatric surgery market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the bariatric surgery market on a global level.

In order to give the users of this report a comprehensive view on the bariatric surgery market, we have included competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein device and procedure segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Bariatric Surgery Market

The report provides company market share analysis in order to give a broader overview of the key players, in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolio of various companies according to the region.

The study provides a decisive view on the bariatric surgery market by segmenting the market based on device type, procedure, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2024. By device type, the market is segmented into assisting devices and implantable devices. The assisting devices segment is further classified into suturing device, closure device, a stapling device, trocars, clip appliers, and others. The implantable devices segment is sub-segmented into gastric bands, electrical stimulation devices, gastric balloons, and gastric emptying. Based on the procedure, the global bariatric surgery market is segmented into sleeve gastrectomy, gastric bypass, revision bariatric surgery, non-invasive bariatric surgery, adjustable gastric banding, mini-gastric bypass, and biliopancreatic diversion with duodenal switch.

The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa with its further bifurcation into major countries including the U.S., Rest of North America, UK, Germany, France, Italy, Spain, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, Brazil, Rest of Latin America, GCC Countries, South Africa, and Rest of Middle East and Africa.

The report also includes detailed profiles of end players such as Ethicon, Medtronic, Intuitive Surgical, Apollo Endosurgery, Reshape Lifesciences, Olympus Corporation of the Americas, Aspire Bariatrics, SpatzFgia, Mediflex Surgical Products, Cousin Biotech, Covidien Plc, and TransEnterix, Inc. among others.

This report segments the global Bariatric Surgery Market as follows:

Global Bariatric Surgery Market: Devices Type Segment Analysis

Assisting Devices
- Suturing Device
- Closure Device
- Stapling Device
- Trocars
- Clip Appliers
- Others
Implantable Devices
- Gastric Bands
- Electrical Stimulation Devices
- Gastric Balloons
- Gastric Emptyingns

Global Bariatric Surgery Market: Procedure Segment Analysis

Sleeve Gastrectomy
Gastric Bypass
Revision Bariatric Surgery
Non-Invasive Bariatric Surgery
Adjustable Gastric Banding
Mini-Gastric Bypass
Biliopancreatic Diversion with Duodenal Switch

Global Bariatric Surgery Market: Regional Segment Analysis

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

Table Of Content

Chapter 1. Introduction
- 1.1. Report description and scope
- 1.2. Research scope
- 1.3. Research methodology
  - 1.3.1. Market research process
  - 1.3.2. Market research methodology
Chapter 2. Executive Summary
- 2.1. Global Bariatric Surgery Market, 2018-2024(USD Million)
- 2.2. Global Bariatric Surgery Market: snapshot
Chapter 3. Bariatric Surgery Market- Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
  - 3.2.1. Global Bariatric Surgery Market drivers: impact analysis
  - 3.2.2. Increase in Obese Population
  - 3.2.3. Prevalence of Diabetes and Heart Diseases
  - 3.2.4. Government Initiatives to Curb Obesity
  - 3.2.5. Insurance Coverage of the Surgeries
- 3.3. Market Restraints
  - 3.3.1. Global Bariatric Surgery Market restraints: impact analysis
  - 3.3.2. Lack of Knowledge and Awareness in Developing and Underdeveloped Countries
  - 3.3.3. High Cost of surgery
  - 3.3.4. Lower Disposable Incomes in Developing and Underdeveloped Nations
- 3.4. Opportunities
  - 3.4.1. Emerging Markets
  - 3.4.2. Emerging Markets to Offer High-Growth Opportunities
- 3.5. Porter's Five Forces analysis
  - 3.5.1. Bargaining power of suppliers
  - 3.5.2. Bargaining power of buyers
  - 3.5.3. Threat from new entrants
  - 3.5.4. Threat from new substitutes
  - 3.5.5. Degree of competition
- 3.6. Market Attractiveness Analysis
  - 3.6.1. Market attractiveness analysis, by Devices Type segment
  - 3.6.2. Market attractiveness analysis, by Procedure segment
  - 3.6.3. Market attractiveness analysis, by regional segment
Chapter 4. Global Bariatric Surgery Market- Competitive Landscape
- 4.1. Company market share analysis
  - 4.1.1. Global Bariatric Surgery Market: company market share, 2018
- 4.2. Strategic development
  - 4.2.1. Acquisitions & mergers
  - 4.2.2. New therapy launch
  - 4.2.3. Agreements, partnerships, collaborations, and joint ventures
  - 4.2.4. Research and development and regional expansion
Chapter 5. Global Bariatric Surgery Market- Devices Type Segment Analysis
- 5.1. Global Bariatric Surgery Market: product overview
  - 5.1.1. Global Bariatric Surgery Market revenue share, by Devices Type, 2018 and 2024
- 5.2. Assisting Devices
  - 5.2.1. Global Bariatric Surgery Market for Assisting Devices, 2018-2024(USD Million)
  - 5.2.2. Global Bariatric Surgery Market for Suturing Device, 2018-2024(USD Million)
  - 5.2.3. Global Bariatric Surgery Market for Closure Device, 2018-2024(USD Million)
  - 5.2.4. Global Bariatric Surgery Market for Stapling Device, 2018-2024(USD Million)
  - 5.2.5. Global Bariatric Surgery Market for Trocars, 2018-2024(USD Million)
  - 5.2.6. Global Bariatric Surgery Market for Clip Appliers, 2018-2024(USD Million)
  - 5.2.7. Global Bariatric Surgery Market for Others, 2018-2024(USD Million)
- 5.3. Implantable Devices
  - 5.3.1. Global Bariatric Surgery Market for Implantable Devices, 2018-2024 (USD Million)
  - 5.3.2. Global Bariatric Surgery Market for Gastric Bands, 2018-2024 (USD Million)
  - 5.3.3. Global Bariatric Surgery Market for Electrical Stimulation Devices, 2018-2024 (USD Million)
  - 5.3.4. Global Bariatric Surgery Market for Gastric Balloons, 2018-2024 (USD Million)
  - 5.3.5. Global Bariatric Surgery Market for Gastric Emptyingns, 2018-2024 (USD Million)
Chapter 6. Global Bariatric Surgery Market- Procedure Segment Analysis
- 6.1. Global Bariatric Surgery Market: Procedure type overview
  - 6.1.1. Global Bariatric Surgery Market revenue share, by Procedure, 2017 and 2024
- 6.2. Sleeve Gastrectomy
  - 6.2.1. Global Bariatric Surgery Market for Sleeve Gastrectomy, 2018-2024 (USD Million)
- 6.3. Gastric Bypass
  - 6.3.1. Global Bariatric Surgery Market for Gastric Bypass, 2018-2024 (USD Million)
- 6.4. Revision Bariatric Surgery
  - 6.4.1. Global Bariatric Surgery Market for Revision Bariatric Surgery, 2018-2024 (USD Million)
- 6.5. Non-Invasive Bariatric Surgery
  - 6.5.1. Global Bariatric Surgery Market for Non-Invasive Bariatric Surgery, 2018-2024 (USD Million)
- 6.6. Adjustable Gastric Banding
  - 6.6.1. Global Bariatric Surgery Market for Adjustable Gastric Banding, 2018-2024 (USD Million)
- 6.7. Mini-Gastric Bypass
  - 6.7.1. Global Bariatric Surgery Market for Mini-Gastric Bypass, 2018-2024 (USD Million)
- 6.8. Biliopancreatic Diversion with Duodenal Switch
  - 6.8.1. Global Bariatric Surgery Market for Biliopancreatic Diversion with Duodenal Switch, 2018-2024 (USD Million)
Chapter 7. Global Bariatric Surgery Market- Regional Segment Analysis
- 7.1. Global Bariatric Surgery Market: regional overview
  - 7.1.1. Global Bariatric Surgery Market revenue share, by region, 2018 and 2024
- 7.2. North America
  - 7.2.1. North America Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
  - 7.2.2. North America Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.2.3. U.S.
    - 7.2.3.1. U.S. Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.2.3.2. U.S. Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.2.4. Rest of North America
    - 7.2.4.1. Rest of North America Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.2.4.2. Rest of North America Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
- 7.3. Europe
  - 7.3.1. Europe Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
  - 7.3.2. Europe Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.3.3. UK
    - 7.3.3.1. UK Bariatric Surgery Market revenue, by Devices Type, 2018-2024 (USD Million)
    - 7.3.3.2. UK Bariatric Surgery Market revenue, by Procedure, 2018-2024 (USD Million)
  - 7.3.4. Germany
    - 7.3.4.1. Germany Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.3.4.2. Germany Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.3.5. France
    - 7.3.5.1. France Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.3.5.2. France Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.3.6. Italy
    - 7.3.6.1. Italy Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.3.6.2. Italy Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.3.7. Spain
    - 7.3.7.1. Spain Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.3.7.2. Spain Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.3.8. Rest of Europe
    - 7.3.8.1. Rest of Europe Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.3.8.2. Rest of Europe Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
- 7.4. Asia Pacific
  - 7.4.1. Asia Pacific Bariatric Surgery Market revenue, by Devices Type, 2018-2024 (USD Million)
  - 7.4.2. Asia Pacific Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.4.3. China
    - 7.4.3.1. China Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.4.3.2. China Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.4.4. Japan
    - 7.4.4.1. Japan Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.4.4.2. Japan Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.4.5. India
    - 7.4.5.1. India Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.4.5.2. India Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.4.6. Southeast Asia
    - 7.4.6.1. Southeast Asia Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.4.6.2. Southeast Asia Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.4.7. Rest of Asia Pacific
    - 7.4.7.1. Rest of Asia Pacific Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.4.7.2. Rest of Asia Pacific Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
- 7.5. Latin America
  - 7.5.1. Latin America Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
  - 7.5.2. Latin America Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.5.3. Brazil
    - 7.5.3.1. Brazil Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.5.3.2. Brazil Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.5.4. Rest of Latin America
    - 7.5.4.1. Rest of Latin America Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.5.4.2. Rest of Latin America Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
- 7.6. Middle East and Africa
  - 7.6.1. Middle East and Africa Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
  - 7.6.2. Middle East and Africa Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.6.3. GCC Countries
    - 7.6.3.1. GCC Countries Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.6.3.2. GCC Countries Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.6.4. South Africa
    - 7.6.4.1. South Africa Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.6.4.2. South Africa Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
  - 7.6.5. Rest of Middle East and Africa
    - 7.6.5.1. Rest of Middle East and Africa Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
    - 7.6.5.2. Rest of Middle East and Africa Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
Chapter 8. Company Profile
- 8.1. Ethicon (Subsidiary of Johnson & Johnson)
  - 8.1.1. Overview
  - 8.1.2. Financials
  - 8.1.3. Product portfolio
  - 8.1.4. Business strategy
  - 8.1.5. Recent developments
- 8.2. Medtronic
  - 8.2.1. Overview
  - 8.2.2. Financials
  - 8.2.3. Product portfolio
  - 8.2.4. Business strategy
  - 8.2.5. Recent developments
- 8.3. Apollo Endosurgery
  - 8.3.1. Overview
  - 8.3.2. Financials
  - 8.3.3. Product portfolio
  - 8.3.4. Business strategy
  - 8.3.5. Recent developments
- 8.4. Reshape Lifesciences
  - 8.4.1. Overview
  - 8.4.2. Financials
  - 8.4.3. Product portfolio
  - 8.4.4. Business strategy
  - 8.4.5. Recent developments
- 8.5. Olympus Corporation of the Americas
  - 8.5.1. Overview
  - 8.5.2. Financials
  - 8.5.3. Product portfolio
  - 8.5.4. Business strategy
  - 8.5.5. Recent developments
- 8.6. Aspire Bariatrics
  - 8.6.1. Overview
  - 8.6.2. Financials
  - 8.6.3. Product portfolio
  - 8.6.4. Business strategy
  - 8.6.5. Recent developments
- 8.7. Spatz Fgia
  - 8.7.1. Overview
  - 8.7.2. Financials
  - 8.7.3. Product portfolio
  - 8.7.4. Business strategy
  - 8.7.5. Recent developments
- 8.8. Mediflex Surgical Products
  - 8.8.1. Overview
  - 8.8.2. Financials
  - 8.8.3. Product portfolio
  - 8.8.4. Business strategy
  - 8.8.5. Recent developments
- 8.9. Cousin Biotech
  - 8.9.1. Overview
  - 8.9.2. Financials
  - 8.9.3. Product portfolio
  - 8.9.4. Business strategy
  - 8.9.5. Recent developments
- 8.10. Covidien Plc
  - 8.10.1. Overview
  - 8.10.2. Financials
  - 8.10.3. Product portfolio
  - 8.10.4. Business strategy
  - 8.10.5. Recent developments

Table Of Figures

List of Figures

1. Market research process
2. Market research methodology
3. Global Bariatric Surgery Market revenue, 2018-2024(USD Million)
4. Porter’s Five Forces analysis
5. Bariatric Surgery Market attractiveness analysis, by Devices Type segment
6. Bariatric Surgery Market attractiveness analysis, by Procedure segment
7. Bariatric Surgery Market: market attractiveness analysis, by regional segment
8. Company market share analysis, 2018
9. Global Bariatric Surgery Market revenue share by Devices Type, 2018 and 2024
10. Global Bariatric Surgery Market revenue share by Assisting Devices, 2018 and 2024
11. Global Bariatric Surgery Market revenue share by Suturing Device, 2018 and 2024
12. Global Bariatric Surgery Market revenue share by Closure Device, 2018 and 2024
13. Global Bariatric Surgery Market revenue share by Stapling Device, 2018 and 2024
14. Global Bariatric Surgery Market revenue share by Trocars, 2018 and 2024
15. Global Bariatric Surgery Market revenue share by Clip Appliers, 2018 and 2024
16. Global Bariatric Surgery Market revenue share by Others, 2018 and 2024
17. Global Bariatric Surgery Market revenue share by Implantable Devices, 2018 and 2024
18. Global Bariatric Surgery Market revenue share by Gastric Bands, 2018 and 2024
19. Global Bariatric Surgery Market revenue share by Electrical Stimulation Devices, 2018 and 2024
20. Global Bariatric Surgery Market revenue share by Gastric Balloons, 2018 and 2024
21. Global Bariatric Surgery Market revenue share by Gastric Emptyingns, 2018 and 2024
22. Global Bariatric Surgery Market revenue share by Procedure, 2018 and 2024
23. Global Bariatric Surgery Market revenue share by Sleeve Gastrectomy, 2018 and 2024
24. Global Bariatric Surgery Market revenue share Gastric Bypass, 2018 and 2024
25. Global Bariatric Surgery Market revenue share by Revision Bariatric Surgery, 2018 and 2024
26. Global Bariatric Surgery Market revenue share by Non-Invasive Bariatric Surgery, 2018 and 2024
27. Global Bariatric Surgery Market revenue share Adjustable Gastric Banding, 2018 and 2024
28. Global Bariatric Surgery Market revenue share by Mini-Gastric Bypass, 2018 and 2024
29. Global Bariatric Surgery Market revenue share by Biliopancreatic Diversion with Duodenal Switch, 2018 and 2024

Table Of Tables

List of Tables

1. Bariatric Surgery Market: market snapshot
2. Drivers of global Bariatric Surgery Market: impact analysis
3. Restraints of global Bariatric Surgery Market: impact analysis
4. North America Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
5. North America Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
6. U.S. Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
7. U.S. Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
8. Rest of North America Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
9. Rest of North America Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
10. Europe Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
11. Europe Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
12. U.K. Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
13. UK Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
14. Germany Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
15. Germany Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
16. France Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
17. France Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
18. Italy Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
19. Italy Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
20. Spain Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
21. Spain Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
22. Rest of Europe Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
23. Rest of Europe Bariatric Surgery Market revenue, by Procedure area, 2018-2024(USD Million)
24. Asia pacific Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
25. Asia pacific Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
26. China Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
27. China Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
28. Japan Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
29. Japan Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
30. India Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
31. India Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
32. Southeast Asia Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
33. Southeast Asia Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
34. Rest of Asia Pacific Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
35. Rest of Asia Pacific Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
36. Latin America Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
37. Latin America Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
38. Brazil Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
39. Brazil Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
40. Rest of Latin America Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
41. Rest of Latin America Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
42. Middle East and Africa Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
43. Middle East and Africa Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
44. GCC Countries Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
45. GCC Countries Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
46. South Africa Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
47. South Africa Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)
48. Rest of Middle East and Africa Bariatric Surgery Market revenue, by Devices Type, 2018-2024(USD Million)
49. Rest of Middle East and Africa Bariatric Surgery Market revenue, by Procedure, 2018-2024(USD Million)

Methodology

Free Analysis

Bariatric surgery is also known as gastric bypass. It is one of the weight-loss surgeries that modify the digestive system in order to promote weight loss by limiting the intake capacity or by decreasing the nutrients absorption, or both. Bariatric surgery is usually done when serious health problems arise because of your weight or exercise and diet doesn’t work.

Growing prevalence of obese population is majorly fueling the demand for bariatric surgery market. Since 1975, the world obsese population has been nearly tripled. As per the WHO estimates, in 2016, 41 million children under the age of 5 were overweight or obese. It also stated that over 1.9 billion adults (the population 18 years and older) were overweight and among this adult population, over 650 million were obese. Moreover, rising healthcare expenditure and rapidly altering lifestyle habits and excessive consumption of calories is anticipated to drive the bariatric surgery market growth. Furthermore, the escalating awareness about overweight and health issues will significantly boost the bariatric surgery market during the forecast period. However, the high cost of surgery will hamper the bariatric surgery market growth during the forecast period.

Global Bariatric Surgery Market

The global bariatric surgery market is segmented on the basis of devices type, procedure, and by region. By devices, the bariatric surgery market is segmented into implantable devices and assisting devices. The assisting devices segment is further classified into trocars, suturing device, clip appliers, stapling device, closure device, and others. The implantable devices segment is sub-segmented into gastric balloons, electrical stimulation devices, gastric bands, and gastric emptying. Among them, the implantable devices segment is anticipated to grow at the highest CAGR. Based on procedure, the global bariatric surgery market is segmented into gastric bypass, non-invasive bariatric surgery, revision bariatric surgery, mini-gastric bypass sleeve gastrectomy, adjustable gastric banding, and biliopancreatic diversion with duodenal switch.

Based on geographical regions, the global bariatric surgery market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Amongst them, North America held a major share of the global bariatric surgery market in 2017. Moreover, the North American region is projected to maintain its regional dominance over the forecast period. In 2016, the prevalence of obesity in the U.S. was 39.8% and affected about 93.3 million of adult population. Moreover, the obesity-related disorders such as heart diseases, diabetes, stroke, and others have also increased in the region. The growth of this regional market is attributed to the large number of bariatric surgeries in the region, rise in the obese population, and robust healthcare infrastructure. Europe held the second largest market share in 2017, owing to the high obesity prevalence and high awareness among the population regarding bariatric surgeries coupled with supportive government regulations. The Asia Pacific market is anticipated to grow at the significant CAGR by the end of 2024. Enhanced government support, changing lifestyles, growing obesity, and high unmet medical needs in Asia Pacific region are expected to drive the regional market growth during 2019 to 2024.

Some of the key players in the bariatric surgery market are Ethicon, Medtronic, Intuitive Surgical, Apollo Endosurgery, Reshape Lifesciences, Olympus Corporation of the Americas, Aspire Bariatrics, SpatzFgia, Mediflex Surgical Products, Cousin Biotech, Covidien Plc, and TransEnterix, Inc., among others.