+1-888-308-5802     
News Contact Us

Bariatric Surgery Devices Market to surge at 5.8% CAGR and overtake US$ 2.2 bn by 2024

Author : Rahul Sankrityayan | Published Date : 2019-05-23 

The Bariatric Surgery Devices Market is set to exceed USD 2.2 billion by 2024; according to a new research report by Global Market Insights. Technological advances in bariatric surgery devices providing effective treatment is expected to boost market growth in the foreseeable future. Advances to reduce undesirable effects and complications post-surgery will foster business growth. For instance, in May 2016, Apollo Endosurgery launched a non-surgical incision less Orbera Coach Platform for bariatric surgery. This product offer surgeons to design treatment procedure, thus meeting specific needs of the patient. Such advancements will propel bariatric surgery devices industry growth during the projected timeframe.
 
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2735

Increasing number of obesity cases will potentially spur market growth. As a result, number of surgeries performed in hospitals, clinics and ambulatory surgical centers is huge. For instance, according to a study published in Obesity Surgery journal, in 2013 about 486 thousand bariatric surgeries were performed across the globe. Increasing number of bariatric surgeries will thereby lead to higher demand for bariatric surgery devices over the forecast timeframe.

Sleeve gastrectomy segment held largest revenue share of 44.9% in 2017. The segmental growth is attributable to growing burden of obesity coupled with high adoption rate of sleeve gastrectomy. High adoption rate is attributable to high effectiveness and batter patient outcome. Affordability and less complications of sleeve gastrectomy will promote segmental growth in forthcoming period.
 
Gastric bypass segment will grow with a remarkable rate of 5.8% CAGR during the forecast timeframe. High growth rate is credited to enhanced weight loss provided by gastric bypass procedure. Reduction in length of stay in healthcare facilities is major factor propelling segmental growth. Reduction in appetite will result in significant weight loss, thereby increasing patient preference towards gastric bypass procedure in the future.

Minimally invasive surgical device segment dominated in 2017, with segmental revenue of USD 1,378.1 million owing to high adoption rate. Prevention of post operation trauma and other complications such as delayed wound healing will spur the demand for minimally invasive surgical devices. Employment of minimally invasive surgical devices helps reducing recovery time along with prevention of blood loss. These benefits will facilitate accelerating demand for minimally invasive surgical devices in forthcoming years.
 
Non-invasive surgical device segment will grow at a momentous rate of 6.1% during the forecast timeframe owing to high prevalence of obesity. According to World Health Organization, more than 10% of the world population suffer from obesity. High pervasiveness of obesity will drive the need for development of advanced and innovative surgical devices for treatment of obesity. Shorter recovery time and low post-operative complication are few of the advantages offered by non-invasive surgical devices. Such factors will favour segmental growth in recent years.

Bariatric Surgery Devices Market, by Product

1 Minimally invasive surgical devices
2 Stapling devices
3 Energy/vessel-sealing devices
4 Suturing devices

Bariatric Surgery Devices Market, by Procedure

1 Minimally invasive surgical devices
2 Stapling devices
3 Energy/vessel-sealing devices
4 Suturing devices
5 Non-invasive surgical devices

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2735

Chapter 1. Methodology

1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1.  Secondary
1.4.1.1.    Paid sources
1.4.1.2.    Unpaid sources
1.4.2.  Primary

Chapter 2. Executive Summary

2.1. Bariatric surgery devices market industry 3600 synopsis, 2013 - 2024
2.1.1.  Business trends
2.1.2.  Product trends
2.1.3.  Procedure trends
2.1.4.  Regional trends

Chapter 3. Bariatric Surgery Devices Market Industry Insights

3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces

3.3.1.  Growth drivers
3.3.1.1. Increasing demand for minimally invasive surgical procedures worldwide
3.3.1.2.    Rising incidences of obesity in Asia Pacific
3.3.1.3.    Technological advancements in developed economies
3.3.1.4.    Increasing government funding for bariatric surgery in developed countries

3.3.2.  Industry pitfalls & challenges
3.3.2.1. High cost associated with surgical devices
3.3.2.2.    Stringent regulatory scenario in developed countries
3.3.2.3.    Dearth of skilled healthcare professionals in developing economies

Chapter 4. Bariatric Surgery Devices Market, By Product

4.1. Bariatric surgery devices market share by product, 2017 & 2024

4.2. Minimally invasive surgical devices
4.2.1.  Market size, by region, 2013 – 2024 (USD Million)

4.2.2.  Stapling devices
4.2.2.1.  Market size, by region, 2013 – 2024 (USD Million)

4.2.3.  Energy/vessel-sealing devices
4.2.3.1.  Market size, by region, 2013 – 2024 (USD Million)

4.2.4.  Suturing devices
4.2.4.1.  Market size, by region, 2013 – 2024 (USD Million)

Data Tables

TABLE 1.    Bariatric surgery devices industry 3600 synopsis, 2013 – 2024 (USD Million)
TABLE 2.    Bariatric surgery devices market, 2013-2017 (USD Million)
TABLE 3.    Bariatric surgery devices market, 2018-2024 (USD Million)
TABLE 4.    Bariatric surgery devices market, by product, 2013-2017 (USD Million)
TABLE 5.    Bariatric surgery devices market, by product, 2018-2024 (USD Million)
TABLE 6.    Bariatric surgery devices market, by procedure, 2013-2017 (USD Million)
TABLE 7.    Bariatric surgery devices market, by procedure, 2018-2024 (USD Million)
TABLE 8.    Bariatric surgery devices market, by region, 2013-2017 (USD Million)
TABLE 9.    Bariatric surgery devices market, by region, 2018-2024 (USD Million)

Related Report- Breast Pump Market-Breast Pump Market By Product, By Technology, By Application, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2018 – 2024

Know [email protected] https://www.marketwatch.com/press-release/over-75-cagr-breast-pump-market-size-to-grow-16-bn-by-2024-2019-05-23

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

Related News

Gas Fired Boiler Market Analysis by Application, Types, Region and Business Growth Drivers by 2024

Published Date: 2019-11-13         Author: Rahul Sankrityayan

Global Market Insights has recently added a detailed research report on the Gas Fired Boiler Market by means of Industry Strategies, Evolving Technology, Growth rate, Business Competitors, Key Companies and Forecast to 2026. This report is inclusive of substantial information that highlights the sig... Read More

North America Gasoline Genset Market Incredible Possibilities, Growth with Industry Study, Detailed Analysis and Forecast to 2024

Published Date: 2019-11-13         Author: Rahul Sankrityayan

Global Market Insights has recently added a detailed research report on the North America Gasoline Genset Market by means of Industry Strategies, Evolving Technology, Growth rate, Business Competitors, Key Companies and Forecast to 2026. This report is inclusive of substantial information that highl... Read More

Nutritional Lipids Market 2019 In-Depth Analysis of Industry Share, Size, Growth Outlook up to 2024

Published Date: 2019-11-13         Author: Rahul Sankrityayan

Global market insights has recently published a study titled ‘Global Nutritional Lipids Market Research Report’. In this report, analysts have provided a detailed evaluation of the global nutritional lipids market. The report is inclusive of a completely comprehensive study of the nutrit... Read More

© 2019 Fractovia. All Rights Reserved