Bariatric Surgery Market
Bariatric Surgery Market Research and Forecast 2017-2022 Update Available - Forecast 2024-2030
The Global Bariatric Surgery Market is expected to grow at a CAGR of 8.6 % during 2017-2022, owing to rising prevalence of obesity and technological advancements in healthcare sector. Bariatric surgeries and its devices are used for weight loss by decreasing the swellingvolume of stomach to systematized food with the process of digestive restriction and malabsorption. According to WHO, in 2014 there were more than 2.8 million fatalities occurred due to obesity and overweight. In 2013, 62% of the overweight people in across the globe lived in developed countries followed by emerging economies such as China, India and Korea. In North America alone there were 79 million overweight people responsible for spending $147 billion on medical costs related to obesity. These surgeries process are performed by use of negligible invasive method and techniques. Increasing capital expenditure on healthcare and patient preference for minimally invasive surgeries are also driving the market across the globe.
Furthermore, increasing government funding to improve healthcare
facilities and hospitals is also expected to boost market growth during
the forecast period. Adoption of these surgeries in the emerging
markets, improving healthcare spending and growing disposable incomes
are expected to create significant demand for bariatric surgery market.
However, high costs associated with surgery post-surgery complications
and non-surgical therapies may affect the growth of the market.
Geographical insights
North American region has been dominating the global bariatric surgery market followed by Europe due to the presence of highest incidences and prevalence rate of obesity, significant investment in R&D, highest healthcare spending and so forth. Obesity has been considered to be an epidemic in the US that is responsible for obtaining other diseases including diabetes and heart diseases. According to the Centers for Disease Control and Prevention (CDC), in 2013 alone more than one-third of the US adults are obese. It is estimated that over 6% are considered morbidly obese with Body Mass Index (BMI) greater than 40. Additionally, the North American region is growing significantly due to adequate insurance coverage, better patient awareness and technological advancements in healthcare infrastructures. However APAC is expected to be the fastest growing market owing to increasing healthcare expenditures and increasing medical tourism.
Competitive insights
Allergan Inc., USGI Medical Inc., Silimed Ltd., Cousin Biotech, Olympus Corporation, Ethicon (Johnson & Johnson), Stryker Corporation, Reshape Medical, Medtronic, Metacure, Synovis Surgical, Helioscopie and Gelesisare are some of the key players contributing significantly in the growth of global bariatric surgery market. For example the pharmaceutical & medical devices manufacturers Medtronic Plc have launched flagship devices such as VersaOne Access System, Clearify Visualization System and GastriSail Gastric Positioning and so forth. The investment form government and private players are considered to provide support to bariatric surgery market players to provide enhanced devices for bariatric surgeries.
Market segmentation
The market is segmented on the basis of procedure, devices and end users. The market segmentation includes: Adjustable Gastric Band (AGB), Sleeve Gastrectomy surgery, Gastric Bypass, Biliopancreatic Diversion with a Duodenal Switch (BPD-DS), By device including Gastric Bands, Electric Simulators, Gastric Balloons, Surgical Staples devices, and others. By end users the market has been bifurcated as hospitals, clinics and ambulatory surgical centers.
- Global Bariatric Surgery Market Research and Analysis, By Procedures
- Global Bariatric Surgery Market Research and Analysis, By Device
- Global Bariatric Surgery Market Research and Analysis, By End Users
OMR Report covers
- Comprehensive research methodology of Global Bariatric Surgery Market.
- This report also includes detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Global Bariatric Surgery Market.
- Insights about market determinants which are stimulating the Global Bariatric Surgery Market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
1. Report summary
1.1. Research methods and tools
1.2. Market breakdown
1.2.1. By segments
1.2.2. By geography
1.2.3. By stakeholders
1.2.4. Exceptions
2. Market overview and insights
2.1. Definition
2.2. Analyst insights & current market trends
2.2.1. Key findings
2.2.2. Recommendation
2.2.3. Conclusion
3. Market determinants
3.1. Motivators
3.1.1. Rising number of obese patients across the globe
3.1.2. Increasing prevalence of type 2 diabetes and cardiovascular diseases (cvds)
3.1.3. Government support for obesity
3.1.4. Rising adoption of minimally invasive surgeries
3.1.5. Technological advancements and innovation
3.1.6. Change in lifestyle
3.2. Restraint
3.2.1. High cost of surgery
3.2.2. Post-surgery complications
3.2.3. Non-surgical therapies
3.3. Opportunity
3.3.1. Incision less procedures
3.3.2. Emerging market of developing countries
3.3.3. R&d advancement in bariatric surgery market
4. Market segmentation
4.1. By procedures
4.1.1. Biliopancreatic diversion with a duodenal switch (bpd-ds)
4.1.2. Adjustable gastric band surgery
4.1.3. Sleeve gastrectomy surgery
4.1.4. Gastric bypass surgery
4.2. By devices
4.2.1. Gastric bands
4.2.2. Gastric balloons
4.2.3. Gastric stapling device
4.2.4. Electrical stimulation device
4.2.5. Other products
4.3. By end users
4.3.1. Hospitals
4.3.2. Clinics
4.3.3. Ambulatory surgical centres
5. Competitive landscape
5.1. Key strategies
5.2. Key company analysis
6. Regional analysis
6.1. North america
6.1.1. United states
6.1.2. Canada
6.1.3. Rest of north america
6.2. Europe
6.2.1. United kingdom
6.2.2. France
6.2.3. Germany
6.2.4. Italy
6.2.5. Spain
6.2.6. Rest of europe
6.3. Asia pacific
6.3.1. India
6.3.2. China
6.3.3. Japan
6.3.4. Rest of apac
6.4. Rest of the world
7. Company profiles (company overview, product portfolio, recent developments, revenue analysis)
7.1. Allergan, inc.
7.2. Aspire bariatrics
7.3. C.r. bard
7.4. Cousin biotech
7.5. Endogastric solutions, inc.
7.6. Enteromedics, inc.
7.7. Ethicon, inc.
7.8. Gelesis
7.9. Gi dynamics inc.
7.10. Helioscopie
7.11. Medtronic
7.12. Metacure
7.13. Obalon therapeutics, inc.
7.14. Olympus corporation
7.15. Reshape medical, inc.
7.16. Sklar surgical instruments.
7.17. Spatz3
7.18. Stryker corporation
7.19. Synovis surgical
7.20. Technomed india pvt ltd.
TABLE # 1 GLOBAL BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS, BY PROCEDURES 2016-2022, ($ MILLIONS)
TABLE # 2 GLOBAL BILIOPANCREATIC DIVERSION WITH A DUODENAL SWITCH (BPD-DS) MARKET RESEARCH AND ANALYSIS, 2016-2022, ($ MILLIONS)
TABLE # 3 GLOBAL ADJUSTABLE GASTRIC BAND SURGERY MARKET RESEARCH AND ANALYSIS, 2016-2022, ($ MILLIONS)
TABLE # 4 GLOBAL SLEEVE GASTRECTOMY SURGERY MARKET RESEARCH AND ANALYSIS, 2016-2022, ($ MILLIONS)
TABLE # 5 GLOBAL GASTRIC BYPASS SURGERY MARKET RESEARCH AND ANALYSIS, 2016-2022, ($ MILLIONS)
TABLE # 6 GLOBAL BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS, BY DEVICE 2016-2022, ($ MILLIONS)
TABLE # 7 GLOBAL GASTRIC BALLOONS MARKET RESEARCH AND ANALYSIS, 2016-2022, ($ MILLIONS)
TABLE # 8 GLOBAL GASTRIC STAPLING DEVICE RESEARCH AND ANALYSIS, 2016-2022, ($ MILLIONS)
TABLE # 9 GLOBAL ELECTRICAL STIMULATION DEVICE MARKET RESEARCH AND ANALYSIS, 2016-2022, ($ MILLIONS)
TABLE # 10 GLOBAL OTHER PRODUCTS MARKET RESEARCH AND ANALYSIS, 2016-2022, ($ MILLIONS)
TABLE # 11 GLOBAL BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS, BY END USER 2016-2022, ($ MILLIONS)
TABLE # 12 GLOBAL HOSPITALS MARKET RESEARCH AND ANALYSIS, 2016-2022, ($ MILLIONS)
TABLE # 13 GLOBAL CLINICS MARKET RESEARCH AND ANALYSIS, 2016-2022, ($ MILLIONS)
TABLE # 14 GLOBAL AMBULATORY SURGICAL CENTRES MARKET RESEARCH AND ANALYSIS, 2016-2022, ($ MILLIONS)
FIGURE # 1 NORTH AMERICAN MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 2 UNITED STATES MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 3 CANADA MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 4 EUROPEAN MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 5 UK MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 6 GERMANY MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 7 SPAIN MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 8 FRANCE MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 9 ITALY MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 10 ROE MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 11 ASIA PACIFIC MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 12 INDIA MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 13 CHINA MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 14 JAPAN MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 15 ROPAC MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
FIGURE # 16 REST OF THE WORLD MARKET RESEARCH AND ANALYSIS, 2016-2022 ($ MILLION)
