Bariatric Surgery Devices Growth Trajectory: Key Forecasts and Strategic Insights
Discover trends, market shifts, and competitive outlooks for the bariatric surgery devices industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research
#What is the Projected CAGR for the Bariatric Surgery Devices Market Size from 2025 to 2034?
There has been a solid expansion in the market size of bariatric surgery devices in the past years. It is projected to rise from $2.04 billion in 2024 to $2.22 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%. Elements such as the development of healthcare infrastructure, awareness campaigns, education, medical tourism, insurance provisions, government interventions, and successful patient outcomes, have all contributed significantly to this growth in the historical period.
Over the coming years, the market for bariatric surgery devices is anticipated to experience robust growth, escalating to $3.24 billion by 2029 with a compound annual growth rate (CAGR) of 9.9%. The aforementioned growth during this period can be credited to increasing age in the population, regulatory backing, more empowered patients, preventive healthcare approaches, less invasive operations, and a global uptick in bariatric surgeries. Significant trends to watch out for within this period include the evolution of technology, custom-tailored bariatric medicine, the incorporation of artificial intelligence, formation of strategic alliances, and innovative digital health solutions.
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Which Factors and External Forces Are Driving Demand in the Bariatric Surgery Devices Market?
The escalating rates of obesity play a crucial role in fueling the expansion of the bariatric surgery devices market. Essentially, obesity indicates an unusual or excessive gathering of fat that may jeopardize an individual’s health. Recently, obesity has transformed into a global public health issue, contributing significantly to worldwide mortality and morbidity rates. There has been an increased reliance on surgical procedures by unhealthy weight groups globally to lessen fat accumulation, which is anticipated to spur the demand for bariatic surgery devices. For example, data from the World Health Organization (WHO) reveals that there are over 1 billion obese individuals worldwide in 2022, of which 650 million are adults, 340 million are teenagers, and 39 million are children. Similarly, a report by the Office for Health Improvement & Disparities, a UK government body, in May 2023 indicated that 26% of UK adults were identified as obese in 2023, a figure consistent with previous years and marginally increased from 25.9% in 2021-2022. As such, the escalating rates of obesity will eventually stimulate the growth of the bariatric surgery devices market.
Which Segments in the Bariatric Surgery Devices Offer the Most Growth?
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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What Are the Fastest-Growing Geographies in the #Which Factors and External Forces Are Driving Demand in the Bariatric Surgery Devices Market?# 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.
Which Cutting-Edge Market Trends Are Expected to Drive theBariatric Surgery Devices Market’s Growth?
Prominent firms in the bariatric surgery devices industry are shifting their focus towards the creation of technologically superior tools like the Surgical Bipolar Energy Device in EMEA, purposed to heighten surgical exactness, better the outcomes for patients and minimize recuperation periods. The Surgical Bipolar Energy Device is a solution specifically designed for the EMEA region that aims to ensure precise hemostasis and tissue cutting during operations by taking advantage of an electric current traversed between two electrodes. Take Olympus Corporation, a Japan-established company recognized for its cutting-edge solutions in healthcare technologies, imaging, and life science items, for example, it introduced the Surgical Bipolar Energy Device in EMEA in May 2023. This Device, offered in the EMEA region, is designed with the objective of delivering accurate hemostasis and tissue cutting during surgeries. It showcases advanced features like adjustable power settings for efficient energy supply, built-in safeguards to restrict thermal damage and ergonomic structures to aid maneuverability.
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What Are the Key Elements 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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