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Bariatric Surgery Devices Market by Product (Minimally invasive surgical devices, Non-invasive surgical devices), by Procedure (Sleeve gastrectomy, Gastric bypass, Revision bariatric surgery, Non-invasive bariatric surgery, Adjustable gastric banding, Mini-gastric bypass, Others), by North America (U.S., Canada), by Europe (Germany, UK, France, Italy, Spain), by Asia Pacific (China, India, Japan), by Latin America (Brazil, Mexico), by Middle East & Africa (South Africa, Saudi Arabia) Forecast 2025-2033
The size of the Bariatric Surgery Devices Market was valued at USD 1 Billion in 2023 and is projected to reach USD 1.55 Billion by 2032, with an expected CAGR of 6.5% during the forecast period.The market for bariatric surgical devices includes items utilized in weight-loss operations, like gastric bypass, sleeve gastrectomy, and adjustable gastric banding. These tools assist in addressing obesity, a rising global health issue. The market is mainly fueled by the increasing occurrence of obesity and associated illnesses like diabetes and hypertension, along with progress in minimally invasive surgical techniques. Innovations encompass the creation of robotic-assisted surgical procedures and devices with improved safety elements, such as adjustable bands and gastric balloons. Study in this area aims to enhance surgical results, lower complication rates, and create more efficient weight-loss options with shorter recovery periods. Nevertheless, the market encounters issues like elevated treatment expenses, surgery-related risks, and regulatory obstacles for device authorization. The public's awareness and acceptance of bariatric surgeries also contribute to influencing market growth.
The market is highly fragmented, with numerous players offering a wide range of products. Key players include Integra Life Sciences Holding Corporation (U.S.), Apollo Endosurgery Inc (U.S.), CONMED Corporation (U.S.), Medtronic (Ireland), and B. Braun Melsungen AG (Germany). The market is characterized by a high degree of innovation, with companies constantly investing in the development of new and improved products.
Key trends in the market include the increasing adoption of minimally invasive surgical techniques, the rise of robotic surgery systems, and the growing demand for personalized procedures. The use of minimally invasive techniques allows surgeons to perform procedures through small incisions, which results in less pain, scarring, and recovery time for patients. Robotic surgery systems enhance the precision and accuracy of surgical procedures, reducing the risk of complications. Personalized procedures are tailored to the individual needs of patients, taking into account their body type, medical history, and lifestyle.
North America is the dominant region in the Bariatric Surgery Devices Market, holding a major share due to the high prevalence of obesity and the increasing demand for bariatric surgery. The United States is the largest market in the region, followed by Canada. Asia Pacific is expected to be the fastest-growing region during the forecast period due to the rising incidence of obesity and the increasing availability of bariatric surgery services. India and China are the major markets in the region.
In terms of product segments, minimally invasive surgical devices are expected to hold the largest share of the market during the forecast period due to their wide adoption. Non-invasive surgical devices are also gaining popularity as they offer less invasive alternatives to traditional surgical procedures.
The report covers the following insights:
The market is estimated to reach USD 1.8 billion in 2021 and is projected to grow to USD 3.3 billion by 2026. North America accounts for the largest share of the market, followed by Europe and Asia Pacific. Minimally invasive surgical devices hold the largest share of the market, followed by non-invasive surgical devices.
North America: U.S., Canada Europe: Germany, UK, France, Italy, Spain Asia Pacific: China, India, Japan Latin America: Brazil, Mexico Middle East & Africa: South Africa, Saudi Arabia
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 6.5% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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