Global Bariatric Surgery Devices Market Revenue and CAGR Forecast Analysis 2025–2029
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What Is The Predicted Market Size Of The Bariatric Surgery Devices Industry By 2029?
In recent years, there’s been a significant expansion in the bariatric surgery devices market size. This market is expected to balloon from $2.04 billion in 2024 to $2.2 billion in 2025, with a compound annual growth rate (CAGR) of 8.1%. The surge experienced during the historical period can be linked to the development of healthcare infrastructure, increases in awareness and education, growth of medical tourism, expansion of insurance coverage, governmental initiatives, and success stories of patient outcomes.
Expectations are high for the bariatric surgery devices market due to its projected significant growth in the upcoming years. The market value is anticipated to reach $3.23 billion by 2029, with a compound annual growth rate (CAGR) of 10.0%. This growth in the forecast period may be due to factors such as an aging demographic, regulatory backing, patient empowerment, preventive health initiatives, stripped-down invasive procedures, and the global acceptance of bariatric surgery. Noteworthy trends over this period could include advancements in technology, personalized bariatric treatment, the incorporation of artificial intelligence, alliances and partnerships, alongside digital health solutions.
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Which Growth Drivers Are Shaping The Bariatric Surgery Devices Market Outlook?
The increasing number of obese individuals plays a significant role in fueling the expansion of the bariatric surgery devices industry. Obesity, characterized by an unusual or excessive buildup of fat, can detrimentally affect people’s health. It has emerged as a worldwide public health concern in recent times, largely impacting global death and disease rates. The escalation in the adoption of surgical interventions by the worldwide obese community to curtail excess fat is anticipated to enhance the demand for bariatic surgery appliances. The World Health Organization (WHO) reports that currently, in 2022, over 1 billion individuals worldwide are obese, 650 million of whom are adults, 340 million are teenagers, and 39 million are children. Also, according to the Office for Health Improvement & Disparities, a UK government entity’s reports from May 2023, 26% of UK’s adult populace was categorized as obese in 2023, consistent with prior years’ data. This percentage represents a marginal increase from 25.9% in 2021-2022. Consequently, the expanding obese populace will stimulate the growth of the bariatric surgery devices market.
How Is The Global Bariatric Surgery Devices Market Broken Down By Segment?
The bariatric surgery devicesmarket covered in this report is segmented –
1) By Type: Minimally Invasive Surgical Devices, Stapling Devices, Energy Or Vessel Sealing Devices, Suturing Devices, Accessories, Non-Invasive Surgical Devices
2) By Procedure: Sleeve Gastrectomy, Gastric Bypass, Revision Bariatric Surgery, Non-Invasive Bariatric Surgery, Adjustable Gastric Banding, Mini-gastric Bypass, Biliopancreatic Diversion With Duodenal Switch
3) By End User : Clinics, Hospitals, Specialty Centers, Ambulatory Surgical Centers
Subsegments:
1) By Minimally Invasive Surgical Devices: Laparoscopic Adjustable Gastric Banding Systems, Laparoscopic Sleeve Gastrectomy Kits, Robotic-Assisted Surgical Devices
2) By Stapling Devices: Linear Staplers, Circular Staplers, Endoscopic Staplers
3) By Energy Or Vessel Sealing Devices: Ultrasonic Devices, Radiofrequency Devices, Electrosurgical Devices
4) By Suturing Devices: Automatic Suturing Devices, Manual Suturing Devices
5) By Accessories: Trocar And Cannula Systems, Bariatric Surgery Instruments, Laparoscopic Graspers And Scissors
6) By Non-Invasive Surgical Devices: Intragastric Balloons, Endoscopic Sleeve Gastroplasty Devices
Which Trends Are Likely To Redefine Growth Paths In The Bariatric Surgery Devices Market?
Leading businesses in the bariatric surgery devices market, including Japanese firm Olympus Corporation, are striving to introduce technologically sophisticated products like the Surgical Bipolar Energy Device in the EMEA zone. Such innovations aim to heighten surgical accuracy, improve patient results, and shorten recovery periods. The Surgical Bipolar Energy Device, designed for the EMEA sector, is built to ensure exact hemostasis and tissue dissection during surgery by leveraging an electrical current across two electrodes. For example, Olympus Corporation made headlines for its technological breakthroughs in medical technology, imaging, and life sciences when it launched its Surgical Bipolar Energy Device in the EMEA region in May 2023. This device is crafted to offer exact hemostasis and tissue sectioning during operations, equipped with innovative features such as adjustable power options for ideal energy deployment, inbuilt safety attributes to avert thermal destruction, and ergonomically designed for improved handling.
Who Are The Primary Market Leaders In The Bariatric Surgery Devices Market?
Major companies operating in the bariatric surgery devices market include Medtronic Plc, Johnson & Johnson, Apollo Endosurgery Inc., Intuitive Surgical Inc., Aspire Bariatrics Inc., ReShape Lifesciences Inc., Cousin Biotech, USGI Medical Inc., TransEnterix Inc., Olympus Corporation, Spatz FGIA Inc., GI Dynamics Inc., Mediflex Surgical Products, Bariatric Solutions GmbH, W. L. Gore & Associates Inc., Mediflex Surgical Products, Conmed Corporation, Standard Bariatrics Inc., Covidien Plc, EndoGastric Solutions Inc., Abbott Laboratories, Boston Scientific Corporation, Fujifilm Holdings Corporation, Stryker Corporation, Smith & Nephew Plc
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Which Regional Markets Are Emerging As Key Hubs For The Bariatric Surgery Devices Market?
North America was the largest region in the bariatric surgery devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bariatric surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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