Global Bariatric Surgery Devices Market 2022 – Market Opportunities And Strategies
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The bariatric surgery devices market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!
Read More On The Bariatric Surgery Devices Market Report 2022 – https://www.thebusinessresearchcompany.com/report/bariatric-surgery-devices-global-market-report
The Bariatric Surgery Devices Market Size In 2022 And Forecast
The global bariatric surgery devices market is expected to grow from $1.59 billion in 2021 to $1.71 billion in 2022 at a compound annual growth rate (CAGR) of 8.06%. The global bariatric surgery devices market size is expected to grow to $2.26 billion in 2026 at a compound annual growth rate (CAGR) of 7.15%.
The bariatric surgery devices market consists of sales of bariatric surgery devices by entities (organizations, sole traders, and partnerships) that refer to surgical devices used in bariatric surgery to reduce the weight of an individual by reducing the size of the stomach.
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Growth In Obese Population Is Driving The Growth Of The Bariatric Surgery Devices Market
For instance, according to the World Health Organization (WHO), over 1 billion people globally are obese currently (2022), out of which 650 million are adults, 340 million are adolescents, and 39 million are children. Therefore, an increase in the obese population will contribute to the growth of the bariatric surgery device market.
Competitive Landscape And The Regional Analysis Of The Bariatric Surgery Devices Market
Major players in the bariatric surgery devices market are Ethicon (Johnson & Johnson), Medtronic, Intuitive Surgical, ReShape Lifesciences, Aspire Bariatrics, Mediflex Surgical Products, Spatz FGIA, Cousin Biotech, Olympus Corporation of the Americas, GI Dynamics, USGI Medical, Asensus Surgical US Inc, and Smith & Nephew.
Additionally, as per TBRC’s research North America was the largest region in the bariatric surgery devices market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.
The Bariatric Surgery Devices Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the bariatric surgery devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the bariatric surgery devices market.
Technological Advancement – A Key Trend In The Bariatric Surgery Devices Market
To meet surgical demands and strengthen their market position, key players in the bariatric surgery devices market are focusing on developing technologically advanced products. These developments include devices that offer improved features for better outcomes in bariatric surgery while reducing risks during the procedure.
Bariatric Surgery Devices Market Segmentation By The Business Research Company
1) By Type: Minimally Invasive Surgical Devices, Stapling Devices, Energy/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
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