The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest bariatric surgery devices market share, and Asia-Pacific was the fastest-growing region in 2022.

The global bariatric surgery devices market is expected to grow from $1.72 billion in 2022 to $1.86 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The bariatric surgery devices market size is expected to grow to $2.49 billion in 2027 at a CAGR of 7.6%.

Major Driver In The Bariatric Surgery Devices Market ­– Growth In Obese Population
For example, the World Health Organisation (WHO) estimates that over 1 billion people worldwide are obese as of 2022, with adults accounting for 650 million, adolescents accounting for 340 million, and children accounting for 39 million. As a result, an increase in the obese population will boost the market for bariatric surgical devices.

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Key Bariatric Surgery Devices Market Segments
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

Recent Bariatric Surgery Devices Market Trend – Technological Advancement
To satisfy surgical demands and strengthen their market position, key players in the bariatric surgery devices market are focused on producing technologically advanced goods. Devices with improved characteristics for better outcomes in bariatric surgery while minimising dangers during the treatment are among these advancements. For example, Olympus Corporation, a Japanese medical technology business, will launch POWERSEAL enhanced bipolar surgical energy devices in September 2021. POWERSEAL gives surgeons cutting-edge sealing, dissection, and grabbing capabilities in laparoscopic or open surgery while significantly lowering the force necessary to close the jaws. It can be employed in a variety of surgical operations such as bariatric surgery, general surgery, and gynaecological, colorectal, urological, and other treatments.

Bariatric Surgery Devices Market Prominent Players
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.

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The Bariatric Surgery Devices Global Market Report 2023  provides a comprehensive overview on the bariatric surgery devices market size, trends and drivers, opportunities, strategies, and companies analysis. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Surgical equipment used in bariatric surgery to lower an individual’s weight by reducing the size of the stomach are referred to as bariatric surgery devices. Bariatric surgery devices are FDA-approved surgical equipment or gadgets used in gastrointestinal procedures to aid weight loss in people who are obese or severely obese.

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