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Bariatric Surgery Devices Market 2020 By Regional Trend & Growth Forecast To 2025

Author : Ronak Bora | Published Date : 2020-09-11 

Bariatric Surgery Devices Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Rising obesity levels and growing demand for minimally invasive surgeries for weight management are anticipated to drive bariatric surgery devices market size. Moreover, limited long-term success of pharmacologic treatments in cases involving morbid obesity has resulted in increasing interest in bariatric surgery.

Bariatric surgery basically includes a variety of procedures performed on people with obesity. The weight loss in obese patients is achieved through removal of a portion of the stomach, by reducing the size of the stomach with a gastric band or by resecting & re-routing the small intestine to a small stomach pouch.

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Obesity has become one of the major global health problems and is contributing to various disabling and life-threatening diseases such as coronary artery disease and type 2 diabetes mellitus. The long-term results of traditional weight loss therapies, including medication, exercise and diet are relatively poor. For morbidly obese patients, bariatric surgery is among the most effective treatments as it enables substantial and sustained weight loss to improve or resolve obesity-associated issues and hence reduces mortality rate.

With growing preference for bariatric surgeries to treat obesity over traditional weight loss methods is expected to increase demand for minimally invasive surgical procedures and hence will also boost bariatric surgery devices market trends over the forecast period.

More of the global population succumbs to disease directly or indirectly related to obesity and overweight than underweight. According to WHO, 39% of adults aged 18 years and over (40% of women and 39% of men) were overweight in 2016, and overall a total of around 13% of the world’s adult population (15% of women and 11% of men) were obese in the same year.

Obesity rates have increased in all ages and both sexes irrespective of ethnicity, socioeconomic status or geographical locality. Changing dietary patterns and physical inactivity are the major factors leading to obesity in the masses. With rising obesity cases, bariatric surgeries are gaining a lot of popularity. To date, bariatric surgery is a major weight management option that produces the greatest degree of weight loss that can be maintained in the long term along with a reduction in obesity-related chronic health problems such as cardiovascular disorders and diabetes.

According to U.S. practice guidelines, patients with a body mass index of 40 kg/m2 qualify for bariatric surgery. As a procedure, bariatric surgery is safe and has a mortality rate of only 0.3%. Bariatric surgery is one of the fastest growing operative procedures performed globally. In 2011, more than 340,000 bariatric operations were performed. The procedure aids weight loss through two fundamental mechanisms: malabsorption and restriction of food intake. With rise in the number of bariatric operations, bariatric surgery devices market share is projected to gain traction.

Owing to post-operation trauma and complication, development of high-dexterity, non-invasive surgery instruments is gaining traction. Minimally invasive surgical devices are preferred over invasive ones, due to minimized cost of treatment and less recovery time. In 2018, minimally invasive surgical devices segment was valued more than $1 billion.

The development of less invasive non-surgical devices and techniques is on the rise and is crucial for physicians as well as patients in this relentless wave of obesity and diabetes. Usage of non-invasive surgical devices is rapidly increasing in bariatric surgeries due to various benefits including small incisions, less scarring, less pain, quick recovery time and reduced blood loss. Preference for non-invasive/minimal-invasive surgeries is increasing, which is projected to directly influence bariatric surgery devices market outlook.

Obesity levels across the U.S. are reaching epidemic proportions with resultant strain on healthcare systems as well as individual wellbeing. As per WHO reports, between 2015 and 2016, the prevalence of obesity among U.S. adults was 39.8%.

Moreover, a research paper published by the WHO demonstrates that rise in fast food sales is correlated to rise in body mass index, and fast-food consumption in Americans is at its peak; such food makes up around 11% of the average American diet. Another study states that added sugars from energy drinks and soda are wreaking havoc on American wellbeing.

Excess body weight is estimated to be responsible for about 8% of all cancers in the U.S., as well as about 7% of all cancer-related deaths. In 2018, around $12 million worth of grant was approved by the American Cancer Society for obesity-related research in labs across the U.S.

U.S. citizens are choosing bariatric surgeries for weight loss and improved quality of life, which is resulting in exponential growth in bariatric surgeries and hence that of bariatric surgery devices market.  For instance, in 2018, North America bariatric surgery devices market was worth around $500 million.

Bariatric surgery can result in considerable weight loss, resolution of co-occurring conditions and improved quality of life. With growing prevalence of obesity, bariatric surgery devices market has an expanded growth scope in future. As per Global Market Insights estimates, bariatric surgery devices market size is projected to surpass $2 billion by 2025. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/bariatric-surgery-devices-market

Partial Chapter of the Table of Content 

Chapter 4. Bariatric Surgery Devices Market, By Product

4.1. Key segment trends

4.2. Minimally invasive surgical devices (MISD)

4.2.1. Market size, by region, 2014 – 2025 (USD Million)

4.2.2. Stapling devices Market size, by region, 2014-2025 (USD Million)

4.2.3. Energy/vessel-sealing devices Market size, by region, 2014-2025 (USD Million)

4.2.4. Suturing devices Market size, by region, 2014-2025 (USD Million)

4.2.5. Others Market size, by region, 2014-2025 (USD Million)

4.3. Non-invasive surgical devices (NISD)

4.3.1. Market size, by region, 2014 – 2025 (USD Million)

Chapter 5. Bariatric Surgery Devices Market, By Procedure

5.1. Key segment trends

5.2. Sleeve gastrectomy

5.2.1. Market size, by region, 2014-2025 (USD Million)

5.3. Gastric bypass

5.3.1. Market size, by region, 2014-2025 (USD Million)

5.4. Revision bariatric surgery

5.4.1. Market size, by region, 2014-2025 (USD Million)

5.5. Non-invasive bariatric surgery

5.5.1. Market size, by region, 2014-2025 (USD Million)

5.6. Adjustable gastric banding

5.6.1. Market size, by region, 2014-2025 (USD Million)

5.7. Mini-gastric bypass

5.7.1. Market size, by region, 2014-2025 (USD Million)

5.8. Others

5.8.1. Market size, by region, 2014-2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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