The global bariatric
surgery market insights is expected to exhibit a robust 8.8% CAGR over
the forecast period, according to a new research report from Market Research
Future (MRFR). The main driver of the global market for this operation is the
rising demand for bariatric surgeries from the urban population in developed
economies. The increased prevalence of obesity in Western metropolitan areas is
expected to fuel growth in the global market for bariatric surgery over the
course of the forecast period.
During bariatric
surgery, the stomach is cut off in order to decrease the patient's food intake
without increasing their appetite. A BMI of 40 or above is typical for people
undergoing bariatric surgery. Thus, people with severe instances of obesity who
run the risk of developing morbid obesity are typically the best candidates for
bariatric surgery.
The predicted
period will see an increase in the prevalence of obesity, which is expected to
have a major impact on the global market for bariatric surgery. The prevalence
of sedentary lifestyles devoid of physical activity and rising fast food
consumption have both increased obesity rates globally over the past few
decades. One of the best ways to manage obesity is through bariatric surgery,
which lowers one's caloric intake capacity and encourages quick weight loss
after the treatment.
Over the
projected period, improvements in bariatric surgery are also likely to increase
demand. Over the course of the forecast period, the market for bariatric
surgery is anticipated to experience innovation as a result of the rising
desire for less invasive
procedures. Manufacturers will be rushing to meet this need as quickly as
they can. Over the projected period, the global market for bariatric surgery is
likely to be driven by the rising number of patients choosing this procedure.
Competitive Analysis:
Leading global bariatric
surgery market Players include Apollo Endosurgery Inc., Olympus Corporation,
TransEnterix Surgical Inc., EndoGastric Solutions Inc., Medtronic, Aspire
Bariatrics, Mediflex Surgical Products, Intuitive Surgical, ReShape
Lifesciences Inc., Cousin Biotech, Allergan, and Johnson & Johnson Services
Inc.
Segmentation of Bariatric Surgery Market
The global bariatric
surgery players is segmented on the basis of device, type, and end
user.
On the basis of the device,
the bariatric surgery market is segmented into surgical stapler gastric bands,
gastric balloons, gastric emptying systems, electrical stimulation systems, and
others.
On the basis of the type,
the market is segmented into gastric bypass, sleeve gastrectomy, adjustable
gastric band, biliopancreatic diversion with duodenal switch, and others.
On the basis of the end user,
the bariatric surgery market is segmented into hospital & clinics, surgical
centers, and others.
Regional Analysis:
Due to the high
incidence of obesity in the region, the Americas account for the majority of
the global market for bariatric surgery. Due to the rising incidence of obesity
among both urban and rural populations in the region, North America is expected
to have a significant impact on the global market for bariatric surgery in the
years to come. Over the course of the projection period, the bariatric surgery
market in the region is anticipated to increase steadily due to the region's
consumers' increasing awareness of the need of preserving a youthful appearance.
The high disposable income of consumers in the region is also likely to be a
major driver for the global bariatric surgery market over the forecast period.
According to the CDC, one third of the U.S. population were obese in 2014,
leading to strong prospects for the bariatric surgery market in the region.
Europe is also
likely to emerge as a major regional market for bariatric surgery in the coming
years due to the growing prevalence of obesity in advanced Western economies
and the growing availability of government funding for research.
Asia Pacific is expected to experience a rapid growth in the
bariatric surgery market over the next few years, while having a relatively
modest market share globally. The main reason for this is that diabetes is
spreading throughout the area.
About Market Research Future:
Market Research Future (MRFR)
is a global market research company that takes pride in its services, offering
a complete and accurate analysis with regard to diverse markets and consumers
worldwide. Market Research Future has the distinguished objective of providing
the optimal quality research and granular research to clients. Our market
research studies by products, services, technologies, applications, end users,
and market players for global, regional, and country level market segments,
enable our clients to see more, know more, and do more, which help answer your
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