Bariatric Surgery Devices Market, By Device Type (Assisting Devices, Implantable Devices ), By Procedure (Sleeve Gastrectomy, Adjustable Gastric Banding, Roux-en-Y Gastric Bypass, Biliopancreatic Diversion with Duodenal Switch, Others), By Application (Weight Loss, Hereditary Disease, Other Disorders), By End-User (Bariatric Surgery Clinics, Hospitals, Others), By Region - Global Analysis Forecast Till 2030

At a CAGR of 6.1%, the global bariatric surgery devices market is expected to reach 3.4 billion by 2030, up from 2.1 billion in 2022. The rising prevalence of obesity and increased incidence of associated comorbidities drive the market growth.

The clinical equipment used to perform bariatric procedures is called bariatric surgery devices. These procedures aid in weight loss by limiting the amount of food the stomach can hold and causing nutrient malabsorption. They also aid in producing gut hormones that suppress appetite and provide a sense of satiety. Stapling devices, vessel sealing devices, suturing devices, trocars, adjustable gastric bands, gastric balloons, electrical stimulators, and other implantable devices are commonly used during this type of surgery.

Market Dynamics

Drivers:

The global prevalence of morbid obesity is increasing the demand for bariatric surgery devices. Furthermore, the rate of childhood obesity is growing at an alarming rate. Children who have been overweight since childhood are at a higher risk than average adults. Furthermore, chronic diseases like high cholesterol, hypertension, and diabetes appear earlier in children. The prevalence of this significant health risk is expected to be a significant driving force in the rise of the bariatric surgery devices market.

As bariatric surgery becomes more popular, both experienced and new medical surgeons are honing and qualifying their surgical skills. Due to this, the demand for bariatric surgery devices is increasing.

Restraints:

A number of factors influence the bariatric surgery devices market, including increased product recalls and the cost of performing these procedures. These are the major impediments to the expansion of the bariatric surgery devices market.

However, the post-surgical complications pose a significant barrier to living with bariatric surgery, impeding the adoption of bariatric surgery devices. Infection is a significant risk because surgical treatments are performed on the patient's stomach and intestines. The most common side effects of bariatric surgery are gastrointestinal ulcers, internal bleeding, small bowel blockage, gastric band slippage, and hernias.

Key players:

• Apollo Endosurgery Inc.,

• GI Dynamics,

•  Intuitive Surgical Inc.,

• Johnson & Johnson Services Inc.,

• Medtronic Inc.,

• Olympus Corporation,

• Reach Surgical Inc.,

• Reshape Lifesciences Inc.,

• Spatz Fgia Inc.,

• TransEnterix Inc.  

• USGI Medical Inc.

Market Segmentation:

Bariatric Surgery Devices Market, By Device Type:

• Assisting Devices

• Implantable Devices

Bariatric Surgery Devices Market, By Procedure:

• Sleeve Gastrectomy

• Adjustable Gastric Banding

• Roux-en-Y Gastric Bypass

• Biliopancreatic Diversion with Duodenal Switch

• Others

Bariatric Surgery Devices Market, By Application:

• Weight Loss

• Hereditary Disease

• Other Disorders

Bariatric Surgery Devices Market, By End-User:

• Bariatric Surgery Clinics

• Hospitals

• Others 

Bariatric Surgery Devices Market, By Region:

• North America

  • United States

  • Canada

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Others

• Europe

  • Germany

  • France

  • United Kingdom

  • Italy

  • Spain

  • Russia

  • Others

• Latin America

  • Brazil

  • Mexico

  • Others

• Middle East and Africa

Regional Analysis:

The global market for bariatric surgery devices is divided into five major regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2021, North America held the largest share of the bariatric surgery devices market. Factors such as rising chronic disease prevalence, rising obesity, and diabetes rates, an increase in bariatric surgeries, rising healthcare spending, and rising demand for MIS surgeries all contribute to this region's large share.

Scope of the Report:

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