Bariatric Surgery Devices Market Expected to Cross US$ 3.7 Billion by 2028


Posted May 23, 2023 by imarcservices

The global bariatric surgery devices market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.7 Billion by 2028.

 
IMARC Group, a leading market research company, has recently released a report titled “Bariatric Surgery Devices Market: Global ABS Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global Bariatric Surgery Devices Market analysis, share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How big is the Bariatric Surgery Devices Market?


The global bariatric surgery devices market size reached US$ 2.6 Billion in 2021. Looking forward, the market expected to reach US$ 3.6 Billion by 2027, exhibiting a CAGR of 5.65% during 2022-2027, according to the new market research report by IMARC Group.

Bariatric surgery devices refer to the surgical equipment used to conduct bariatric procedures for weight loss. These procedures limit the food holding capacity of stomach, thereby causing nutrients malabsorption. Bariatric surgery devices enhance the development of gut hormones to reduce appetite. These devices majorly include stapling devices, vessel sealing devices, suturing devices, trocars, adjustable gastric bands, gastric balloons, electrical stimulators, etc.

Covid-19 Scenario:

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/bariatric-surgery-devices-market/requestsample

Bariatric Surgery Devices Market Trends:

The growing incidences of lifestyle disorders, such as obesity, diabetes, cardiovascular diseases, etc., have propelled the demand for bariatric surgeries. Furthermore, the high prevalence of sedentary consumer lifestyles, along with unhealthy food habits, have also augmented the chances of weight-related medical conditions.

In line with this, the growing consumer concerns have propelled the wide adoption of bariatric surgery devices, particularly across the developed nations. Additionally, the emergence of minimally invasive (MI) bariatric procedures with reduced postoperative stress, further bolsters the market. Moreover, various technological advancements have led to the introduction of innovative surgical devices with enhanced cosmetic outcomes. Besides this, the rapid integration of surgical robots with bariatric equipment is expected to foster the market in the coming years.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Apollo Endosurgery Inc., GI Dynamics, Intuitive Surgical Inc., Johnson & Johnson Services Inc., Medtronic Inc., Olympus Corporation, Reach Surgical Inc., Reshape Lifesciences Inc., Spatz Fgia Inc., TransEnterix Inc., USGI Medical Inc., etc.

The report has segmented the market on the basis of Procedure Type, Device Type, Application, and Region.

By Procedure Type:

Minimally Invasive Surgical Procedures
Non-Invasive Surgical Procedures

By Device Type:

Assisting Devices
Implantable Devices

By Procedure:

Sleeve Gastrectomy
Adjustable Gastric Banding
Roux-en-Y Gastric Bypass
Biliopancreatic Diversion with Duodenal Switch
Others

By Application:

Weight Loss
Hereditary Disease
Other Disorders

By End-User:

Bariatric Surgery Clinics
Hospitals
Others

By Region:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

Ask An Analyst:- https://www.imarcgroup.com/request?type=report&id=2160&flag=C

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Issued By IMARC Services
Country India
Categories Health , Medical , Nutrition
Tags bariatric surgery devices market
Last Updated May 23, 2023