Obesity surgery is also known as bariatric surgery. It is a surgical weight loss solution which restricts the ability of the stomach or the absorption of calories. Need for less invasive methods for obesity surgery, and the mounting need for gastric electrical stimulation are the major trends observed in the obesity surgery devices market.

On the basis of the type, the market is subdivided into minimally invasive surgical devices, and non-invasive surgical devices. Of all types, minimally invasive surgical devices segment accounted for a larger share in the market due to the mounting occurrence of obesity, necessity for minimal discomfort and trauma, and demand for less scar and incisions.

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On the basis of the procedure, the market is subdivided into sleeve gastrectomy, non-invasive bariatric surgery, gastric bypass, mini-gastric bypass, revision bariatric surgery, adjustable gastric banding, and biliopancreatic diversion with duodenal switch.

Need for less invasive methods for obesity surgery, and the mounting need for gastric electrical stimulation are the major trends observed in the obesity surgery devices market.

Gastric electrical stimulation involves the use of an electrical device called a gastric pacemaker. The device activates mild electrical stimulations in the stomach nerves. It is used to surge the feeling of satiety after eating in order to decrease food intake, thus leading to weight loss.

Escalating obese population, mounting inclination for minimally invasive procedures, expanding regulatory approval, intensifying inventions in research and development of medical devices, and expanding reimbursement coverage are the primary growth drivers for obesity surgery devices market.

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Emerging markets such as China and India and mounting medical tourism would create opportunities for the obesity surgery devices market.

The obesity surgery devices industry players are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In June 2018, Apollo Endosurgery, Inc. received FDA approval of revised labeling for the ORBERA intragastric balloon system. Intuitive Surgical, Johnson & Johnson, Mediflex Surgical Products, Apollo Endosurgery, Medtronic Plc, Spatz Fgia, Olympus Corporation, Cousin Biotech, and Aspire Bariatrics are the key players offering obesity surgery devices.

Source: VynZ Research