How is the Bariatric Surgery Devices Market Poised for Growth: Trends and Opportunities Through 2034
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How has the bariatric surgery devices market size evolved in recent years?
In the past few years, the market size for bariatric surgery devices has seen robust growth. From $2.04 billion in 2024, the market is projected to escalate to $2.22 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 9.0%. Factors contributing to the growth during the historic period include the development of healthcare infrastructure, augmented awareness and education, an increase in medical tourism, insurance coverage, government initiatives, and successful patient outcomes.
What are the predictions for the bariatric surgery devices market size in the coming years?
In the coming years, the smart water metering market size is set to experience accelerated growth, with projections suggesting it will reach $8.36 billion by 2029, growing at a compound annual rate (CAGR) of 13.6%. The expansion during the forecast period is linked to factors such as the rise of smart cities, remote monitoring, cloud computing, mobile applications and cybersecurity worries. Furthermore, the predicted trends throughout the forecast period consist of the development of advanced sensor technologies, the implementation of blockchain in water management, edge computing and subscription-based models, as well as integration into smart homes.
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What key factors are fueling the growth of the bariatric surgery devices market?
The expansion of the bariatric surgery devices market is significantly driven by the increasing obese population. Obesity, characterized by abnormal or excessive fat accumulation, could threaten the health of the affected individuals. It has emerged as a global public health concern in recent years, drastically contributing to worldwide mortality and morbidity rates. The escalating deployment of surgical measures by obese individuals around the world to reduce fat deposits is predicted to amplify the demand for bariatric surgery devices. As per the World Health Organization’s records, there are currently over 1 billion obese people worldwide (2022), with 650 million being adults, 340 million adolescents and 39 million children. Moreover, as per the data provided by the Office for Health Improvement & Disparities, a UK government body, in May 2023, about 26% of the adult population in the UK was identified as obese, a figure that is consistent with previous years’ statistics. This number represents a slight increase from 25.9% in 2021-2022. Hence, the rising obese population will positively impact the growth of the bariatric surgery devices market.
How is the global bariatric surgery devices market divided into key segments?
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
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Who are the key firms paving the way for growth 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
Which trends are expected to transform the bariatric surgery devices market?
Leading corporations in the bariatric surgery devices market, including Olympus Corporation from Japan, are investing in the creation of groundbreaking technologies like the Surgical Bipolar Energy Device in the EMEA region. This strategy aims to boost surgical accuracy, improve patient results, and decrease recovery periods. The Surgical Bipolar Energy Device in EMEA uses an electric current between two electrodes to deliver exact hemostasis and tissue cutting during surgery. In May 2023, Olympus Corporation released the Surgical Bipolar Energy Device in EMEA, recognized for its pioneering contributions to medical technology, imaging, and life science products. The device is designed to fine-tune power settings to ensure optimal energy delivery, incorporate safety features to prevent thermal damage, and provide a more ergonomic design for improved handling during procedures.
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What regions are contributing significantly to the growth of 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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