Bariatric Surgery Market Overview:
In a recent research report by Market Research Community, the Bariatric Surgery Market is expected to surpass USD 5.45 Billion by the year 2028, from USD 2.59 Billion in 2021.
The Bariatric Surgery Market Opportunities has projected to grow at a significant pace reaching a CAGR of approximately 11.2%, over the forecast period of 2022–2030, despite a considerable fall in Type sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
The Bariatric Surgery Market refers to the surgical procedures designed to help people lose weight by making changes to their digestive system. These surgeries are recommended for individuals with a body mass index (BMI) of 40 or higher, or for those with a BMI of 35 or higher who have obesity-related health problems such as diabetes, high blood pressure, and sleep apnea.
The primary drivers of the Bariatric Surgery Market include the rising prevalence of obesity, the increasing awareness of the long-term health benefits of weight loss, and the growing adoption of minimally invasive surgical techniques. In addition, the availability of insurance coverage for bariatric surgeries is also expected to drive market growth.
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Segment:
By Assisting Device
- Suturing Device
- Closure Device
- Stapling Device
- Trocars
- Other
By Implantable Device
- Gastric Bands
- Electrical Stimulation Devices
- Gastric Balloons
- Gastric Emptying
By Surgery
- Invasive
- Non-Invasive
By End-Use
- Bariatric Surgery Clinics
- Hospital
- Ambulatory Surgical Centers
The Bariatric Surgery Market offers significant growth opportunities, particularly in emerging markets, as the demand for weight loss procedures is on the rise due to the increasing prevalence of obesity.
Some of the key trends in the Bariatric Surgery Market include the increasing use of laparoscopic and robotic surgeries, the development of new surgical techniques, and the rise in outpatient bariatric surgeries. Additionally, the growing emphasis on personalized treatment plans and patient-centric care is expected to shape the market in the coming years.
The report includes a regional analysis and country analysis with the latest trends, along with the major key players including-
Medtronic PLC, Ethicon Inc. (Johnson and Johnson), Apollo Endosurgery Inc., Aspire Bariatrics Inc., Intuitive Surgical Inc., The Cooper Companies, Conmed Corporation.
North America dominates the Bariatric Surgery Market due to the high prevalence of obesity in the region, as well as the availability of advanced healthcare infrastructure and facilities. According to the Centers for Disease Control and Prevention (CDC), over 42% of adults in the United States are classified as obese. This has led to a significant demand for weight loss procedures, including bariatric surgeries, in the region.
The Bariatric Surgery Market Growth is expected significantly over the next few years in meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
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