Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.98 Billion | USD 3.52 Billion | 6.6% | 2023 |
The global bariatric surgery market size was worth around USD 1.98 billion in 2023 and is predicted to grow to around USD 3.52 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.6% between 2024 and 2032. The report analyzes the global bariatric surgery market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the bariatric surgery industry.
The report covers forecasts and analyses for the bariatric surgery market on a global and regional level. The study provides historical data for 2018 to 2022 and a forecast from 2024 to 2032 based on revenue (USD Billion). The study includes drivers and restraints for the bariatric surgery market and their impact 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.
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.
Report Attributes | Report Details |
---|---|
Report Name | Bariatric Surgery Market |
Market Size in 2023 | USD 1.98 Billion |
Market Forecast in 2032 | USD 3.52 Billion |
Growth Rate | CAGR of 6.6% |
Number of Pages | 110 |
Key Companies Covered | 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 |
Segments Covered | By Device Type, By Procedure, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Bariatric Surgery Market: Segmentation Analysis
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 2024 to 2032.
By device type, the market is segmented into assisting devices and implantable devices. The assisting devices segment is further classified into suturing devices, closure devices, 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.
Bariatric Surgery Market: Regional Analysis
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.
Some of the major players in the global bariatric surgery market include:
The global bariatric surgery market is segmented as follows;
Global Bariatric Surgery Market: Devices Type Segment Analysis
Global Bariatric Surgery Market: Procedure Segment Analysis
Global Bariatric Surgery Market: Regional Segment Analysis
FrequentlyAsked Questions
Bariatric surgery, also known as weight-loss surgery, is a procedure performed to treat obesity. It involves modifying the digestive system to reduce food intake or absorption.
According to a study, the global bariatric surgery market size was worth around USD 1.98 billion in 2023 and is expected to reach USD 3.52 billion by 2032.
The global bariatric surgery market is expected to grow at a CAGR of 6.6% during the forecast period.
North America is expected to dominate the bariatric surgery market over the forecast period.
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