In-Depth Insights into the Bariatric Surgery Devices Market: Growth, Trends, and Opportunities for 2025-2034
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What Are the Projected Expansion Rates of the Bariatric Surgery Devices Market for the Next Decade?
In recent years, the market size for bariatric surgery devices has experienced significant expansion. From $2.04 billion in 2024, it’s expected to increase to $2.22 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 9.0%. The historical growth trajectory is primarily due to factors like the development of healthcare infrastructure, increased awareness and education, medical tourism, insurance coverage, government interventions, and the encouraging outcomes and success stories of patients.
In the coming years, the bariatric surgery devices market is projected to experience significant growth. The market is estimated to reach a value of $3.24 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.9%. Factors contributing to this growth during the forecast period include an aging population, regulatory support, empowered patients, measures toward preventive healthcare, minimally invasive procedures, and the global spread of bariatric surgery. The period is set to be marked by trends such as technological innovation, personalized medical approaches in bariatrics, incorporation of artificial intelligence, collaborations and partnerships, and digital health solutions.
What Key Drivers Are Accelerating the Growth of the bariatric surgery devices Market During the Forecast Period?
The escalating prevalence of obesity has significantly fueled the expansion of the bariatic surgery devices market. Defined as the abnormal or excessive buildup of fat that could impinge on a person’s health, obesity has emerged as a global public health predicament, significantly driving global mortality and morbidity rates. The increasing adoption of surgical interventions by the global obese population to reduce fat accumulation is predicted to enhance the demand for bariatric surgery devices. As per the World Health Organization (WHO), over 1 billion people around the world are currently (2022) categorized as obese, including 650 million adults, 340 million adolescents, and 39 million children, for example. The Office for Health Improvement & Disparities, a UK government entity, reported in May 2023 that 26% of the UK’s adult populace was labeled as obese in 2023, in line with the data from previous years. This indicates a slight rise from the 25.9% figure recorded in 2021-2022. Therefore, the surge in the obese population will play a pivotal role in propelling the growth of the bariatric surgery devices market.
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Which Companies Are Redefining the Future of the Bariatric Surgery Devices Market?
Major companies operating in the bariatric surgery devices market include:
• Medtronic Plc_x000D_
• Johnson & Johnson_x000D_
• Apollo Endosurgery Inc._x000D_
• Intuitive Surgical Inc._x000D_
• Aspire Bariatrics Inc._x000D_
What Trends Are Poised to Drive the Future Success of the Bariatric Surgery Devices Market?
Key players in the bariatric surgery devices market are endeavoring to introduce technologically superior devices like the Surgical Bipolar Energy Device in EMEA, aimed at enhancing surgical accuracy, improving patient conditions, and minimizing recovery duration. The said device in the EMEA region, employed during surgical procedures for accurate hemostasis and tissue slicing, uses an electrical current flowing between two electrodes. An example of this was seen in May 2023 when Olympus Corporation, a company based in Japan known for its medical technology, imaging and life science innovations, brought the Surgical Bipolar Energy Device to the EMEA region. This region-specific device includes superior features like adjustable power for optimal energy supply, integrated safety features to prevent heat damage, and user-friendly designs for easier manoeuvrability alongside its core functions of precise hemostasis and tissue cutting.
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What Major Market Segments Define the Scope and Growth of the Bariatric Surgery Devices Market?
The bariatric surgery devices market 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
What Are the Leading Regions in the Bariatric Surgery Devices Market Expansion?
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.
What Are the Core Features That Define the Bariatric Surgery Devices Market?
Bariatric surgery devices refer to surgical devices used in bariatric surgery to reduce the weight of an individual by reducing the size of the stomach. Bariatric surgery devices are FDA-approved surgical equipment or devices used for surgeries performed in the gastrointestinal tract to facilitate weight loss for individuals with obesity or severe obesity.
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