The global bariatric surgery market size is expected to reach USD 4.81 Billion at a steady CAGR of 9.0% in 2028, according to latest analysis by Emergen Research. Increase in number of patients requiring surgery and rising demand for minimally invasive surgical procedures are some key factors fueling global bariatric surgery market revenue growth. Increasing prevalence of Type 2 diabetes and heart diseases are also driving market revenue growth. Rapid urbanization, lack of physical activity, and poor or unhealthy diets are contributing to increasing obesity. However, high cost of these surgeries and procedures is a key factor negatively impacting market revenue growth.
The Global Bariatric Surgery Market report offers a comprehensive analysis of the Bariatric Surgery market with regards to the current and emerging trends, regional outlook, competitive landscape, and forecast estimation for revenue and market share. The report is an all-inclusive document providing important details focusing on growth statistics, estimation of revenue shares and growth, market valuation, and also emphasizes the competitive landscape, business opportunities, and strategic alliances and approaches undertaken by the dominant industry players.
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Based on the competitive landscape, the market report analyses the key companies operating in the industry:
Medtronic PLC, Allergan Inc., B. Braun Melsungen AG, Johnson and Johnson, Olympus, Apollo Endosurgery, Inc., Conmed Corporation, Intuitive Surgical, Inc., Mediflex Surgical Procedures, and GI Dynamics Inc.
The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Bariatric Surgery market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
Further key findings from the report suggest
- In February 2021, Carrum Health expanded options for weight loss surgery in mid-west through partnership with the Bariatric Centre of Kansas City (BCKC). The centre has performed over 17,000 surgeries and the partnership will help improve quality of lives with improved access to high-quality bariatric surgery.
- Assisting devices segment is expected to register steady increase in revenue growth during the forecast period as these devices are widely used in minimally invasive surgeries which require immediate closure of small incisions.
- Gastric bypass surgery helps loose weight by changing how stomach and small intestine handles food. After surgery, the stomach will be smaller, and patient will feel full with less food consumption. This procedure is performed on patients who are seriously obese and have been unable to achieve desired weight loss through diets.
- Non-invasive or minimally invasive surgeries enable completion of weight loss surgery without need for making a large, open incision. There are various types of minimally invasive surgeries such as single-site weight loss surgery, laparoscopic weight loss surgery, robotic weight loss surgery, and endoscopic techniques.
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Emergen Research has segmented the global bariatric surgery market on the basis of device, surgery, procedure, end-use, and region:
Device Outlook (Revenue, USD Billion; 2018–2028)
- Implantable Devices
- Electrical Stimulation Devices
- Gastric Bands
- Gastric Emptying Systems
- Gastric Balloon Systems
- Assisting Devices
- Closure Device
- Suturing Device
- Trocars
- Stapling Device
- Others
Surgery Outlook (Revenue, USD Billion; 2018–2028)
- Invasive Surgery
- Non-Invasive Surgery
Procedure Outlook (Revenue, USD Billion; 2018–2028)
- Gastric Sleeve Surgery
- Adjustable Gastric Band
- Gastric Bypass
- Biliopancreatic Diversion with Duodenal Switch
The study segments the Bariatric Surgery industry in light of major classification such as product type, potential markets, application, and end-user. This industry assessment for the forecast period, 2021 – 2028 incorporates projections pertaining to the investment feasibility, gross margin, profits, consumption volume, production capability and major market vendors. Likewise, statistics associated with the competitive landscape, shifting consumer behaviour and spending power is showcased and well-explained with the help of treasured resources such as charts, graphs and graphic images, which can be easily incorporated in the business or corporate presentations.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Bariatric Surgery market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Bariatric Surgery market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Bariatric Surgery market.
Key point summary of the report:
- The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
- It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
- The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
- It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
- Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
- The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
- The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.
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