The global market for bariatric surgery devices was worth nearly $1.1 billion in 2012 and will reach by $2.2bn by 2019 with an estimated CAGR of 9.6% in a period of (2017 – 2022).
Bariatric surgery is a generic term commonly used for the surgical treatment of obesity.These procedures could be invasive or noninvasive and
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performed in both open and laparoscopic types.
With a rapid increase in the population suffering from the problem of obesity and related comorbidities, there is a critical and growing need for new and improved treatments for obesity. Increase in obesity patients, Increase in public awareness, Government initiatives to curb obesity, and insurance coverage are the driving factors for the market growth.
Further, Increase prevalence rate of Type 2 Diabetes and heart diseases are also contributing to the growth of the market. The market is constrained by lack of knowledge and awareness in developing nations, less disposable income in developing nations, and very high cost of surgery.
Market is segmented based on products( Adjustable gastric bands, Intragastric Balloons, Implantable gastric Simulators, Surgical clamps, Clip appliers, Endo Stitch, Surgical staples), and based on geography( USA, Europe, Asia-Pacific, Row( Rest of world)).
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Company profiles discussed in the report are Allergan, Inc, Covidien PLC, Endogastric Solutions, EnteroMedics, Inc, GI Dynamics, Inc., Intuitive Surgical,Inc, Johnson & Johnson, ReShape Medical, Satiety, Inc, Spatz FGIA, Inc, TransEnterix, Inc,.
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3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
Some points from TOC:
1.1 Report Description
1.2 Research Methodology
1.2.1 Market Size and Share
1.2.2 Markets Covered
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
3.1 General overview of bariatric Procedures
3.2 Laparoscopic vs Open Surgery
3.3 Types of Bariatric Procedures
3.3.2 Restrictive Procedures
3.3.3 Combined Restrictive/ Malabsorptive
3.4 New Bariatric procedures
3.4.1 PRIMARY OBESITY SURGERY ENDOLUMINAL (POSE) PROCEDURE
3.4.2 RESTORATIVE OBESITY SURGERY ENDOSCOPIC (ROSE) PROCEDURE
3.5 Market Drivers
3.5.1 Increase in Obesity Patients
3.5.2 Prevalence rate of Type 2 Diabetes and Heart Diseases
3.5.3 Government Initiatives to curb Obesity
3.5.4 Insurance Coverage
3.5.5 Public awareness
3.5.6 Surgical Training
3.5.7 Shift in trends to Fast Food and sedentory lifestyle.
3.6 Market Constraints
3.6.1 Lack of knowledge and awareness in developing countries
3.6.2 Less disposable income in developing nations
3.6.3 High cost of surgery
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