Bariatric Surgery Devices Market Comprehensive Analysis, Growth Forecast from 2018 to 2024

Bariatric Surgery Devices Market Comprehensive Analysis, Growth Forecast from 2018 to 2024

Press Release

Market Study Report, LLC’s, recently compiled report on ‘Bariatric Surgery Devices market’ delivers a holistic view on market valuations, market size, profit estimations, SWOT analysis and regional landscape of the market. In addition, the report points out key challenges and growth opportunities, while examining the current competitive standings of key players in during the forecasted timeline.

Bariatric Surgery Devices Market will reach USD 2.2 billion by 2024; as per a new research report. Escalating prevalence rate of obesity will stimulate bariatric surgery devices market in forthcoming years. According to WHO, global obese population has tripled from 1975, with over 1.0 billion obese people in 2017 in Asia Pacific. With growing risk factors such as binge eating, alcoholism, sedentary lifestyles and others, obesity incidence will significantly spur in recent years. Increasing disposable income and preference for technologically advanced surgical devices will offer attractive bariatric surgery devices industry growth potential in upcoming years.

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Few of the major industry players operating in global bariatric surgery devices market are Apollo Endosurgery, B. Braun Melsungen AG, CONMED Corporation, Ethicon Inc. (Johnson & Johnson), Integra Life Sciences Holding Corporation, Intuitive Surgical, Medtronic, Olympus Corporation, Reshape Lifesciences, and W. L. Gore & Associates, Inc. Major players are focusing on to widen their product portfolio and expand companys geographic presence.

Rising demand for minimally invasive surgeries will augment bariatric surgery devices business growth in coming years. Bariatric surgery is highly effective procedure for rapid weight loss. In addition, minimally invasive surgery leads to lesser scarring, blood loss a pain that will increase the adoption rate of bariatric surgery devices in the projected timeframe. Non-invasive surgery devices segment will witness remarkable growth at 6.1% CAGR during the forecast timeframe. Considerable and effective weight reduction without invasion will drive the demand for non-invasive surgery. Such procedure decreases the size of stomach and avoids need for incisions. Advancement of new devices for non-invasive procedures should impel non-invasive surgery segmental growth in the upcoming years.

Gastric bypass procedure segment is forecasted to grow at significant pace of 5.8% CAGR over the projected period. Gastric bypass offers sustainable weight loss and is the most common surgical procedure. Insurance coverage for the procedure will further accelerate the adoption rate of gastric bypass, thereby boosting segmental growth. U.S. bariatric surgery devices market accounted for 93.0% market share in 2017 will foresee remarkable growth as a result of growing number of obese people in the country. As per CDC National Center for Health Statistics (NCHS), 39.8% of Americans were found to be obese during 2015-2016. Increasing demand for laparoscopic bariatric surgery will in turn stimulate the adoption of bariatric surgery devices in recent years.

Germany bariatric surgery devices market will witness considerable growth at 4.6% CAGR. Accelerating demand for minimally invasive surgical procedures should offer lucrative market growth opportunity. Positive trends in sleeve gastrectomy procedures coupled with rising incidence of obesity will boost Germany bariatric surgery devices industry growth over coming years.

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Report Content

Chapter 1. Methodology

Chapter 2. Executive Summary

Chapter 3. Bariatric Surgery Devices Market Industry Insights

Chapter 4. Bariatric Surgery Devices Market, By Product

Chapter 5.  Bariatric Surgery Devices Market, By Procedure

Chapter 6. Bariatric Surgery Devices Market, By Region

Chapter 7.  Company Profiles

7.1. Apollo Endosurgery, Inc.

7.2. Aspire Bariatrics

7.3. B. Braun Melsungen AG

7.4. CONMED Corporation

7.5. Cousin Biotech

7.6. Ethicon Inc. (Johnson & Johnson)

7.7. Grena Ltd.

7.8. Integra Life Sciences Holding Corporation

7.9. Intuitive Surgical

7.10.  Mediflex Surgical Products.

7.11.  Medtronic

7.12.  Olympus Corporation

7.13.  Reshape Lifesciences

7.14.  Spatz Fgia

7.15.  W. L. Gore & Associates, Inc.

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