Tag: bariatric surgery devices market share

  • Bariatric Surgery Devices Market Size to Exceed $3.24 Billion by 2029 | Growth and Industry Trends

    Bariatric Surgery Devices Market Size to Exceed $3.24 Billion by 2029 | Growth and Industry Trends

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    How Has the Bariatric Surgery Devices Market Grown from 2024 to 2025?

    There has been solid growth in the market size of bariatric surgery devices in the last few years. The market, which was valued at $2.04 billion in 2024, is projected to reach $2.22 billion in 2025, expanding at a compound annual growth rate (CAGR) of 9.0%. The spurt in growth during the historical period can be traced back to various factors, including the advancement of healthcare infrastructure, increased awareness and education, medical tourism, insurance provisions, government schemes, and successful patient outcomes.

    What Growth Rate Is Anticipated for the Bariatric Surgery Devices Market in the Coming Years?

    Anticipations are set for robust expansion in the bariatric surgery devices market within the forthcoming years. It is projected to reach a market cap of $3.24 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.9%. The expected growth in the forecast period can be linked to factors such as an increase in aging population, regulatory support, patient self-advocacy, preventive health agenda, the use of minimally invasive procedures, and the worldwide reach of bariatric surgery. The period is also expected to see significant trends like technological evolution, customization in bariatric medicine, the fusion of artificial intelligence, alliances and partnerships, along with the emergence of digital health solutions.

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    Who Are the Leading Companies 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

    What Are the Key Drivers of the Bariatric Surgery Devices Market?

    The expansion of the bariatric surgery devices market has been greatly influenced by the escalating number of obese individuals. The term obesity refers to the unusual or excessive build-up of fat that could potentially harm a person’s health. In recent times, obesity has emerged as a major public health concern worldwide, having a significant impact on global death and illness rates. The prevalent use of surgical procedures by overweight people worldwide to minimize fat accumulation is anticipated to spur the demand for bariatric surgery devices. For example, as per World Health Organization (WHO) data, more than 1 billion people worldwide are presently obese as of 2022. Among these, adults account for 650 million, 340 million are adolescents, and children make up 39 million. Additionally, according to a 2023 report by the Office for Health Improvement & Disparities, a UK government body, in 2023, 26% of the UK’s adult populace was deemed obese, in line with historical data. This rate shows a slight rise from 25.9% in 2021-2022. Thus, the surging obese population is expected to continue driving the expansion of the bariatric surgery devices market.

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    What Are the Key Market Segments in the Bariatric Surgery Devices Industry?

    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 Latest Trends in the Bariatric Surgery Devices Market?

    Leading firms in the bariatric surgery devices market are concentrating on creating technologically superior tools like the Surgical Bipolar Energy Device in EMEA. They aim to improve surgical accuracy, enhance patient results, and minimize recuperation periods. A Surgical Bipolar Energy Device in the EMEA area is created to offer exact hemostasis and tissue slicing during surgical operations using the electric current flowing between two electrodes. For instance, Olympus Corporation, a company based in Japan, introduced their Surgical Bipolar Energy Device in EMEA in May 2023, showcasing its innovative contributions to medical technology, life science products and imaging. The Surgical Bipolar Energy Device in the EMEA region is constructed to deliver accurate hemostasis and tissue slicing during surgeries, boasting cutting-edge features like adjustable power settings for optimal energy transfer, built-in safety features to prevent heat damage, and designs that are ergonomically efficient, enhancing maneuverability.

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    What Are the Key Regional Markets in the Bariatric Surgery Devices Industry?

    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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    This Report Delivers Insight On:

    1. How big is the bariatric surgery devices market, and how is it changing globally?

    2. Who are the major companies in the bariatric surgery devices market, and how are they performing?

    3. What are the key opportunities and risks in the bariatric surgery devices market right now?

    4. Which products or customer segments are growing the most in the bariatric surgery devices market?

    5. What factors are helping or slowing down the growth of the bariatric surgery devices market?

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  • Bariatric Surgery Devices Growth Trajectory: Key Forecasts and Strategic Insights

    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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  • Bariatric Surgery Devices Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034

    Bariatric Surgery Devices Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034

    2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

    Which Major Market Drivers Are Expected to Boost the Growth Potential of the Bariatric Surgery Devices Market?

    The rise in obesity worldwide is significantly fuelling the expansion of the bariatric surgery devices market. When individuals possess an unhealthy or extreme quantity of fat, it is defined as obesity, which imposes severe health risks. Globally, obesity has turned into a public health concern in recent years, contributing considerably to global deaths and diseases. The increasing reliance on surgical methods by the global obese population to reduce fat deposits is projected to spur the demand for bariatric surgery devices. For example, the World Health Organization (WHO) states that over 1 billion individuals worldwide are currently obese in 2022, with 650 million being adults, 340 million teenagers and 39 million children. For instance, in May 2023, the Office for Health Improvement & Disparities, a UK government body, reported that in 2023, 26% of the UK’s adult population was deemed obese, similar to data from previous years. This represents a minor rise from 25.9% in the period 2021-2022. Thus, the escalating obese population is expected to stimulate the growth of the bariatric surgery devices market.

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    #How Does the Projected Bariatric Surgery Devices Market Growth Compare Over the Forecast Period?

    The market size for bariatric surgery devices has experienced robust growth in the past few years. Its size is projected to escalate from $2.04 billion in 2024 to $2.22 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%. The substantial growth recorded in the past period is due to factors such as the development of healthcare infrastructure, education and awareness, medical tourism, insurance coverage, government interventions, and successful patient outcomes.

    In the coming years, the bariatric surgery devices market is predicted to witness substantial expansion. It is projected to escalate to $3.24 billion in 2029, experiencing a compound annual growth rate (CAGR) of 9.9%. This growth over the forecast period is credited to factors such as an aging population, regulatory backing, patient empowerment, initiatives for preventive healthcare, minimally invasive procedures, and the worldwide spread of bariatric surgery. Noteworthy trends for the forecast period consist of technological evolution, tailored treatments in bariatrics, the incorporation of artificial intelligence, collaborations and partnerships, along with digital health solutions.

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    What Are the Key Market Innovations in the Bariatric Surgery Devices Market Over the Coming Years?

    In the bariatric surgery devices market, leading companies are concentrating their efforts on creating cutting-edge technology such as the Surgical Bipolar Energy Device in the EMEA region. This aids in elevating surgical accuracy, improving patient outcomes, and shortening recuperation periods. The Surgical Bipolar Energy Device in EMEA is devised to offer precise hemostasis and tissue cutting during operations by employing electrical current through two electrodes. For instance, Olympus Corporation, a Japanese firm, introduced the Surgical Bipolar Energy Device to the EMEA market in May 2023. The company is renowned for its breakthroughs in medical technology, imaging, and life science products. In the EMEA market, the Surgical Bipolar Energy Device is constructed to deliver exact hemostasis and tissue cutting during surgical procedures. It boasts superior features such as adjustable power settings for optimal energy transmission, integrated safety features to curb thermal damage, and user-friendly designs for superior maneuverability.

    Who Are the Top Companies Driving Innovation and Growth in theBariatric 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

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    Which Key Market Segments Comprise the Bariatric Surgery Devices Market and Drive Its Revenue 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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    Which Regions Are Emerging as Leaders in 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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  • How is the Bariatric Surgery Devices Market Poised for Growth: Trends and Opportunities Through 2034

    How is the Bariatric Surgery Devices Market Poised for Growth: Trends and Opportunities Through 2034

    Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

    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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  • In-Depth Insights into the Bariatric Surgery Devices Market: Growth, Trends, and Opportunities for 2025-2034

    In-Depth Insights into the Bariatric Surgery Devices Market: Growth, Trends, and Opportunities for 2025-2034

    Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

    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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  • Top 5 Insights From The Bariatric Surgery Devices Market Report 2024

    Top 5 Insights From The Bariatric Surgery Devices Market Report 2024

    The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

    According to The Business Research Company’s Bariatric Surgery Devices Global Market Report 2024, the bariatric surgery devices market is expected to show promising growth in the forecast period.

    The bariatric surgery devices market has shown robust growth recently, driven by various factors ranging from healthcare infrastructure development to advancements in technology. This blog explores the current market dynamics, future projections, driving factors, major trends, and key players in the bariatric surgery devices industry.

    Market Growth and Projections

    Recent Growth Trends

    • Market Size in 2023: $1.91 billion
    • Projected Size in 2024: $2.09 billion
    • CAGR (2023-2024): 9.7%
    • Historical Growth Drivers:
      • Development of healthcare infrastructure
      • Increased awareness and education
      • Rise in medical tourism
      • Expanded insurance coverage
      • Government initiatives
      • Positive patient outcomes and success stories

    Future Projections

    • Projected Size in 2028: $2.98 billion
    • CAGR (2024-2028): 9.3%
    • Future Growth Drivers:
      • Aging population
      • Regulatory support
      • Patient empowerment
      • Preventive healthcare measures
      • Minimally invasive procedures
      • Globalization of bariatric surgery

    View More On The Bariatric Surgery Devices Market Report 2024 – https://www.thebusinessresearchcompany.com/report/bariatric-surgery-devices-global-market-report

    Driving Factors

    Rising Obesity Rates

    • Global Obesity Crisis: Increasing obesity rates significantly contribute to the demand for bariatric surgery devices.
    • WHO Statistics (2022):
      • Over 1 billion people globally are obese.
      • 650 million adults, 340 million adolescents, and 39 million children are obese.
    • Health Impact: Obesity contributes to global mortality and morbidity, driving the need for effective surgical interventions.

    Major Trends in the Bariatric Surgery Devices Market

    Technological Advancements

    • Innovation Focus: Companies are developing advanced devices to enhance surgical outcomes and reduce risks.
    • Case Study: Olympus Corporation
      • Product Launch (September 2021): POWERSEAL advanced bipolar surgical energy devices.
      • Features: State-of-the-art sealing, dissection, and grasping capabilities with reduced force required to close the jaws.
      • Applications: Suitable for bariatric surgery, general surgery, gynecological, colorectal, and urological surgeries.

    Personalized Medicine and AI Integration

    • Personalized Approaches: Tailoring bariatric treatments to individual patient needs.
    • AI Integration: Utilizing artificial intelligence to enhance surgical precision and patient outcomes.

    Digital Health Solutions

    • Telehealth and Monitoring: Increased use of digital health platforms for pre- and post-surgery care.
    • Patient Engagement: Improved patient empowerment through digital tools and resources.

    Key Market Players

    Leading Companies

    • Medtronic PLC
    • Covidien LLC
    • Braun Melsungen AG
    • Olympus Corporation
    • Intuitive Surgical Inc.
    • Ethicon LLC
    • Allergan PLC
    • Endo Technologies LLC
    • Bariatric Advantage
    • US Endoscopy
    • USGI Medical Inc.
    • GI Windows Inc.
    • Metamodix Inc.
    • IntraPace Inc.
    • Spatz Medical
    • BAROnova Inc.
    • Leptos Biomedical
    • Satiety Inc.
    • Swissmed Instruments AG

    Strategic Acquisitions

    • Teleflex and Standard Bariatrics (October 2022)
      • Objective: Enhance portfolio with a focus on improving clinical efficacy and patient outcomes.
      • Impact: Strengthened position in the bariatric surgery market.

    Market Segmentation

    By Type

    • Minimally Invasive Surgical Devices
    • Stapling Devices
    • Energy/Vessel Sealing Devices
    • Suturing Devices
    • Accessories
    • Non-invasive Surgical Devices

    By Procedure

    • Sleeve Gastrectomy
    • Gastric Bypass
    • Revision Bariatric Surgery
    • Non-invasive Bariatric Surgery
    • Adjustable Gastric Banding
    • Mini-gastric Bypass
    • Biliopancreatic Diversion with Duodenal Switch

    By End User

    • Clinics
    • Hospitals
    • Specialty Centers
    • Ambulatory Surgical Centers

    Regional Insights

    • North America: Largest region in the bariatric surgery devices market in 2023.
    • Asia-Pacific: Expected to be the fastest-growing region during the forecast period.

    Conclusion

    The bariatric surgery devices market is set for continued strong growth, driven by rising obesity rates, technological advancements, and strategic market expansions. With the increasing demand for effective weight loss solutions and the integration of innovative technologies, the industry is well-positioned to address the evolving needs of patients worldwide.

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