Global Bariatric Surgery Devices Market, By Type (Minimally Invasive Surgical Devices, Non-Invasive Surgical Devices), Procedure (Sleeve Gastrectomy, Gastric Bypass, Revision Bariatric Surgery, Non-Invasive Bariatric Surgery, Adjustable Gastric Banding, Mini-Gastric Bypass, Biliopancreatic Diversion with Duodenal Switch), End User (Bariatric Surgery Clinics, Hospitals, Specialty Centers, Ambulatory Surgical Centers), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The Bariatric Surgery Devices Market sector is expected to undergo significant evolution, with substantial growth and advancements anticipated by 2031. An in-depth analysis of market size, share, and trends is provided through comprehensive market research, offering crucial insights into its expansion. Market segmentation and definitions are explored, with key components and drivers being highlighted. A SWOT analysis gives you a better insight into your internal and external business environment. However, it does not always prioritise the results, which can lead to an improper strategic action
Bariatric Surgery Devices Market Industry Trends and Forecast to 2031
What are the projected market size and growth rate of the Bariatric Surgery Devices Market?
The bariatric surgery devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 3.08 billion by 2028 and will grow at a CAGR of 7.38% in the above mentioned forecast period.
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Which are the top companies operating in the Bariatric Surgery Devices Market?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Bariatric Surgery Devices Market extension. This Bariatric Surgery Devices Market report provides the information of the Top 10 Companies in Bariatric Surgery Devices Market in the market their business strategy, financial situation etc.
**Global Bariatric Surgery Devices Market Analysis 2020**
The global bariatric surgery devices market was valued at USD 1.50 billion in 2020 and is projected to grow at a CAGR of 8.20% during the forecast period, 2021-2028. The increasing prevalence of obesity worldwide, coupled with the rising awareness regarding the benefits of bariatric surgery in the management of obesity-related health issues, is driving the market growth. Technological advancements in bariatric surgery devices, along with the growing adoption of minimally invasive procedures, are also contributing to market expansion.
**Segments:**
- By Type:
- Adjustable Gastric Bands
- Gastric Balloons
- Gastric Emptying Systems
- Gastric Electrical Stimulators
- Others
- By Procedure:
- Sleeve Gastrectomy
- Gastric Bypass
- Revision Surgery
- Others
- By End User:
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
**Market Players:**
- Medtronic
- Ethicon USA, LLC (Subsidiary of Johnson & Johnson Services, Inc.)
- Intuitive Surgical
- Apollo Endosurgery, Inc.
- Aspire Bariatrics
- ReShape Lifesciences, Inc.
- EnteroMedics Inc.
- Mediflex Surgical Products
- TransEnterix Surgical, Inc.
- Olympus Corporation
The competitive landscape of the global bariatric surgery devices market is characterized by intense competition among key players striving to innovate and develop advanced technologies to cater to the evolving needs of healthcare professionals and patients. Collaborations, partnerships, and acquisitions are common strategies adopted by market players to expand their product portfolios and enhance their market presence.
https://www.databridgemarketresearch.com/reports/global-bariatric-surgery-devices-marketBariatric surgery devices have witnessed significant advancements in recent years, with a focus on enhancing patient outcomes and improving the overall surgical experience. One of the key trends in the market is the shift towards minimally invasive procedures, such as laparoscopic surgery, which offer benefits such as reduced post-operative pain, quicker recovery times, and lower risk of complications compared to traditional open surgeries. This trend is driving the demand for devices such as adjustable gastric bands and gastric balloons, which are designed to be implanted using minimally invasive techniques.
Another trend shaping the bariatric surgery devices market is the increasing adoption of robotic-assisted surgical systems. Companies like Intuitive Surgical have been at the forefront of developing robotic platforms that offer surgeons enhanced precision, dexterity, and visualization during bariatric procedures. These systems are revolutionizing the way bariatric surgeries are performed, leading to better outcomes for patients and driving the overall market growth.
Moreover, the rising prevalence of obesity and related comorbidities globally is fueling the demand for bariatric surgeries as an effective treatment option. With the increasing awareness of the long-term health benefits of weight loss surgery, more patients are opting for procedures like sleeve gastrectomy and gastric bypass to achieve sustainable weight loss and improve their overall quality of life. This growing patient pool is driving the need for advanced bariatric surgery devices that can facilitate safe and effective procedures.
In terms of geographical analysis, North America holds a significant share in the global bariatric surgery devices market, attributed to factors such as the high prevalence of obesity, well-established healthcare infrastructure, and presence of key market players in the region. However, the Asia Pacific region is expected to witness rapid growth during the forecast period due to increasing healthcare expenditure, rising awareness about obesity management, and growing adoption of advanced surgical technologies in countries like China, India, and Japan.
Overall, the global bariatric surgery devices market is poised for substantial growth in the coming years, driven by factors such as technological advancements,**Market Players:**
- Medtronic
- Johnson & Johnson Services, Inc. (Ethicon USA, LLC)
- Intuitive Surgical
- Apollo Endosurgery, Inc.
- Reshape Lifesciences, Inc.
- Olympus Corporation
- Aspire Bariatrics
- Spatz FGIA Inc.
- Mediflex Surgical Products
- Cousin Biotech
- Allergan
- GI Dynamics, Inc.
- Asensus Surgical US, Inc.
- USGI Medical
- Stryker
- Smith & Nephew
- Abbott
- B. Braun Melsungen AG
- Zimmer Biomet
- Teleflex Incorporated
The major players covered in the bariatric surgery devices market report are known for their strong focus on innovation, research, and development to create cutting-edge products catering to the evolving needs of bariatric surgeons and patients. These players often engage in strategic partnerships, collaborations, and acquisitions to expand their product offerings and strengthen their market presence globally. With a keen eye on market trends and technological advancements, these companies are at the forefront of driving innovation in the bariatric surgery devices market.
Market dynamics such as the rising prevalence of obesity and associated health conditions, increasing adoption of minimally invasive procedures, and the growing awareness of the benefits of bariatric surgery are propelling market growth. The demand for advanced bariatric surgery devices is driven by the need for safe, effective, and minimally invasive solutions to address the
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