Bariatric Surgery Market
Bariatric Surgery Market Size, Share & Trends Analysis Report by Procedures (Biliopancreatic Diversion with a Duodenal Switch (BPD-DS), Adjustable Gastric Band Surgery, Sleeve Gastrectomy Surgery, and Gastric Bypass Surgery), by Devices (Gastric Bands, Gastric Balloons, Gastric Stapling Device, and Others), and by End-User (Hospitals and Clinics, and Ambulatory Surgical Centers) Forecast Period (2024-2031)
Bariatric surgery market is anticipated to grow at a significant CAGR of 9.2% during the forecast period (2024-2031). The market growth is attributed to an increasing number of obese patients globally and government support for managing obesity through campaigns and awareness programs. According to the International Federation for the Surgery of Obesity and Metabolic Disorders (IFSO), in 2023, 480,970 Metabolic and Bariatric Surgeries (MBS) were performed in 24 countries and from 2 regional registries representing 81.4% of known registries. The majority of patients with obesity who underwent metabolic bariatric procedures are female. The majority of primary operations recorded by all registries are sleeve gastrectomy.
Market Dynamics
Increasing Adoption of Minimally Invasive Techniques
With the rising number of bariatric surgeries performed annually, there has also been an increase in revisional bariatric surgeries (RBS). Minimally invasive techniques are also associated with lower complication rates in revisional procedures when compared to the conventional approach. To evaluate the safety and postoperative outcomes of RBS performed with a minimally invasive approach. In recent years, the utilization of the robotic platform significantly increased across specialties due to improved surgical ergonomics, 3-D magnification, elimination of physiologic tremors, and seven degrees of freedom of the instruments with improved dexterity. Additionally, concerns regarding the increased cost and longer operative time limited its widespread adoption in bariatric surgery.
Growing Surgical Procedures with Enhanced Recovery Protocols
Length of hospital stay (LOS) has been reduced by enhanced recovery after bariatric surgery protocol (ERABS) without affecting clinical outcomes. By saving operating room (OR) time, ERABS enhanced the logistical aspects of the OR. OR logistics were reorganized, and lean management techniques were applied to increase efficiency. While LOS and the rate of complications were reduced in many surgical specialties as a result of the ERAS procedure, the researcher discovered that in bariatric surgery, only LOS was impacted. This effect was noted irrespective of the type of surgery. The reduction in LOS in the case of ERAS routes in bariatric surgery may be attributable to well-defined discharge criteria, which may lessen the possibility of patients remaining longer than necessary.
Market Segmentation
- Based on the procedures, the market is segmented into biliopancreatic diversion with a duodenal switch (bpd-ds), adjustable gastric band surgery, sleeve gastrectomy surgery, and gastric bypass surgery.
- Based on the devices, the market is segmented into gastric bands, gastric balloons, gastric stapling devices, and others (adjustable gastric bands and bariatric beds).
- Based on the end-users, the market is segmented into hospitals, clinics, and ambulatory surgical centers.
Sleeve Gastrectomy Surgery is Projected to Hold the Largest Segment
The primary factors supporting the growth include increased rates of obesity, a growing need for less invasive surgery, and improvements in surgical instrument technology. Together, these elements enhance surgical results and patient satisfaction that support market expansion. According to the National Center for Biotechnology Information (NCBI), in September 2023, obesity is a rapidly growing epidemic, affecting over 650 million people globally. Metabolic and bariatric surgery (MBS) remains one of the most effective treatments for obesity, with sleeve gastrectomy (SG) being the most commonly performed bariatric procedure globally. The rates of revisional procedures after SG were reported to reach up to 12.2% at 10 years follow-up.
Regional Outlook
Global bariatric surgery market is further segmented based on geography including North America (the US, and Canada), Europe (the UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Growing Demand for Bariatric Surgery in Asia-Pacific
- The high obesity rates have created demand for bariatric surgical procedures across the region. The ongoing technological advancements and heightened demand are making a significant contribution to the regional market growth. Despite being relatively new in Asia, BMS is making significant contributions to the refinement of these procedures.
Global Bariatric Surgery Market Growth by Region 2024-2031
North America Holds Major Market Share
North America holds a significant share owing to the presence of bariatric surgery providers such as Gelesis, Inc., Johnson & Johnson Services, Inc., USGI Medical, Inc., and W. L. Gore & Associates, Inc. in the region. The market growth is attributed to the growing number of bariatric procedures, rising rates of obesity and diabetes, and an increase in the demand for metabolic and bariatric surgery (MBS) are some of the factors contributing to this trend. According to the American Society for Metabolic & Bariatric Surgery, 2022, there was a 6.5% increase in bariatric surgery volume from 2021 to 2022. Sleeve gastrectomy continues to be the most dominant bariatric procedure. Compared with 2021, the total number of Metabolic and bariatric surgery (MBS) performed in 2022 increased from approximately 262,893 to 280,000. The sleeve gastrectomy (SG) continues to be the most commonly performed procedure.
US Bariatric Surgery Numbers, 2016-2022
Source: American Society for Metabolic and Bariatric Surgery (ASMBS)
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the bariatric surgery market include Cousin-Biotech, Johnson & Johnson Services, Inc., Medtronic PLC, Olympus Corp., and ReShape Lifesciences, Inc. among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers and acquisitions to stay competitive in the market.
Recent Development
- In May 2023, Olympus introduced POWERSEALTM Sealer/Divider for the Europe, Middle East, and Africa (EMEA) region. This multifunctional advanced bipolar device supports surgeons across multiple medical specialties with state-of-the-art sealing, dissection, and grasping capabilities for both laparoscopic and open Bariatric surgical treatments.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the bariatric surgery market. Based on the availability of data, information related to new products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Industry Trends
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Cousin-Biotech
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Johnson & Johnson Services, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Medtronic PLC
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Olympus Corp.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. ReShape Lifesciences, Inc.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Bariatric Surgery Market 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. Global Bariatric Surgery Market by Devices
4.2.1. Gastric Bands
4.2.2. Gastric Balloons
4.2.3. Gastric Stapling Device
4.2.4. Others (Adjustable Gastric Bands and Bariatric Bed)
4.3. Global Bariatric Surgery Market by End-User
4.3.1. Hospitals and Clinics
4.3.2. Ambulatory Surgical Centers
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East and Africa
6. Company Profiles
6.1. Allergan PLC
6.2. Apollo Endosurgery Inc.
6.3. Asensus Surgical, Inc.
6.4. Aspire Bariatrics, Inc.
6.5. Bariatric Solutions GmbH
6.6. Baxter International, Inc.
6.7. EndoGastric Solutions, Inc.
6.8. Gelesis, Inc.
6.9. GI Dynamics, Inc.
6.10. Gimmi GmbH
6.11. Mediflex Surgical Products
6.12. Meril Life Sciences Pvt. Ltd.
6.13. Sklar Surgical Instruments
6.14. Spatz FGIA Inc.
6.15. Stryker Corp.
6.16. USGI Medical, Inc.
6.17. W. L. Gore & Associates, Inc.
6.18. Western Trading Co.
1. Global Bariatric Surgery Market Research And Analysis By Procedures, 2023-2031 ($ Million)
2. Global Biliopancreatic Diversion With A Duodenal Switch (BPD-DS) Market Research And Analysis By Region, 2023-2031 ($ Million)
3. Global Adjustable Gastric Band Surgery Market Research And Analysis By Region, 2023-2031 ($ Million)
4. Global Sleeve Gastrectomy Surgery Market Research And Analysis By Region, 2023-2031 ($ Million)
5. Global Gastric Bypass Surgery Market Research And Analysis By Region, 2023-2031 ($ Million)
6. Global Bariatric Surgery Market Research And Analysis By Devices, 2023-2031 ($ Million)
7. Global Gastric Bands For Bariatric Surgery Market Research And Analysis By Region, 2023-2031 ($ Million)
8. Global Gastric Balloons For Bariatric Surgery Market Research And Analysis By Region, 2023-2031 ($ Million)
9. Global Gastric Stapling Device For Bariatric Surgery Market Research And Analysis By Region, 2023-2031 ($ Million)
10. Global Other Devices For Bariatric Surgery Market Research And Analysis By Region, 2023-2031 ($ Million)
11. Global Bariatric Surgery Market Research And Analysis By End-Users, 2023-2031 ($ Million)
12. Global Bariatric Surgery In Hospitals And Clinics Market Research And Analysis By Region, 2023-2031 ($ Million)
13. Global Bariatric Surgery In Ambulatory Surgical Centers Market Research And Analysis By Region, 2023-2031 ($ Million)
14. Global Bariatric Surgery Market Research And Analysis By Region, 2023-2031 ($ Million)
15. North American Bariatric Surgery Market Research And Analysis By Country, 2023-2031 ($ Million)
16. North American Bariatric Surgery Market Research And Analysis By Procedures, 2023-2031 ($ Million)
17. North American Bariatric Surgery Market Research And Analysis By Devices, 2023-2031 ($ Million)
18. North American Bariatric Surgery Market Research And Analysis By End-Users, 2023-2031 ($ Million)
19. European Bariatric Surgery Market Research And Analysis By Country, 2023-2031 ($ Million)
20. European Bariatric Surgery Market Research And Analysis By Procedures, 2023-2031 ($ Million)
21. European Bariatric Surgery Market Research And Analysis By Devices, 2023-2031 ($ Million)
22. European Bariatric Surgery Market Research And Analysis By End-Users, 2023-2031 ($ Million)
23. Asia-Pacific Bariatric Surgery Market Research And Analysis By Country, 2023-2031 ($ Million)
24. Asia-Pacific Bariatric Surgery Market Research And Analysis By Procedures, 2023-2031 ($ Million)
25. Asia-Pacific Bariatric Surgery Market Research And Analysis By Devices, 2023-2031 ($ Million)
26. Asia-Pacific Bariatric Surgery Market Research And Analysis By End-Users, 2023-2031 ($ Million)
27. Rest Of The World Bariatric Surgery Market Research And Analysis By Region, 2023-2031 ($ Million)
28. Rest Of The World Bariatric Surgery Market Research And Analysis By Procedures, 2023-2031 ($ Million)
29. Rest Of The World Bariatric Surgery Market Research And Analysis By Devices, 2023-2031 ($ Million)
30. Rest Of The World Bariatric Surgery Market Research And Analysis By End-Users, 2023-2031 ($ Million)
1. Global Bariatric Surgery Market Share By Procedures, 2023 Vs 2031 (%)
2. Global Biliopancreatic Diversion With A Duodenal Switch (BPD-DS) Market Share By Region, 2023 Vs 2031 (%)
3. Global Adjustable Gastric Band Surgery Market Share By Region, 2023 Vs 2031 (%)
4. Global Sleeve Gastrectomy Surgery Market Share By Region, 2023 Vs 2031 (%)
5. Global Gastric Bypass Surgery Market Share By Region, 2023 Vs 2031 (%)
6. Global Bariatric Surgery Market Share By Devices, 2023 Vs 2031 (%)
7. Global Gastric Bands For Bariatric Surgery Market Share By Region, 2023 Vs 2031 (%)
8. Global Gastric Balloons For Bariatric Surgery Market Share By Region, 2023 Vs 2031 (%)
9. Global Gastric Stapling Device For Bariatric Surgery Market Share By Region, 2023 Vs 2031 (%)
10. Global Other Devices For Bariatric Surgery Market Share By Region, 2023 Vs 2031 (%)
11. Global Bariatric Surgery Market Share By End-Users, 2023 Vs 2031 (%)
12. Global Bariatric Surgery In Hospitals And Clinics Market Share By Region, 2023 Vs 2031 (%)
13. Global Bariatric Surgery In Ambulatory Surgical Centers Market Share By Region, 2023 Vs 2031 (%)
14. Global Bariatric Surgery Market Share By Region, 2023 Vs 2031 (%)
15. US Bariatric Surgery Market Size, 2023-2031 ($ Million)
16. Canada Bariatric Surgery Market Size, 2023-2031 ($ Million)
17. UK Bariatric Surgery Market Size, 2023-2031 ($ Million)
18. France Bariatric Surgery Market Size, 2023-2031 ($ Million)
19. Germany Bariatric Surgery Market Size, 2023-2031 ($ Million)
20. Italy Bariatric Surgery Market Size, 2023-2031 ($ Million)
21. Spain Bariatric Surgery Market Size, 2023-2031 ($ Million)
22. Rest Of Europe Bariatric Surgery Market Size, 2023-2031 ($ Million)
23. India Bariatric Surgery Market Size, 2023-2031 ($ Million)
24. China Bariatric Surgery Market Size, 2023-2031 ($ Million)
25. Japan Bariatric Surgery Market Size, 2023-2031 ($ Million)
26. South Korea Bariatric Surgery Market Size, 2023-2031 ($ Million)
27. Rest Of Asia-Pacific Bariatric Surgery Market Size, 2023-2031 ($ Million)
28. Rest Of The World Bariatric Surgery Market Size, 2023-2031 ($ Million)
29. Latin America Bariatric Surgery Market Size, 2023-2031 ($ Million)
30. Middle East And Africa Bariatric Surgery Market Size, 2023-2031 ($ Million)
