Bariatric Surgery Devices Market
Bariatric surgery is also known as weight loss surgery, which is a type of bariatrics. It is a minimally-invasive operative procedure that is performed on people with obesity. Bariatric surgery focuses weight reduction of a person by a procedure that decreases the size of stomach with the removal of a part of tissues or fats in the stomach. According to The National Institutes of Health, U.S., the bariatric surgery should be performed on a person depending on their BMO. A minimum BMI required for this surgery is 40, while individuals suffering from existing medical conditions like diabetes can have BMI of 35 to undergo bariatric surgery. The rate of bariatric surgery has increased, as the cases of obesity grew all over the world. Moreover, the expenditure on weight loss has increased due to rising preventive and precaution measures taken by people, which in turn boost the global sales of bariatric surgery devices.
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Increasing rate of obesity among people is expected to boost growth of the global bariatric surgery devices market during the forecast period. For instance, in 2016, the World Health Organization (WHO) reported that 39% of people in the age group of 18 and above were overweight, and obesity was observed in nearly 13% of global adult population. According to the same report, around 340 million children and adolescents in the age group of 5 to 19 were reported with overweight and obesity.
Moreover, as per the Centers for Disease Control and Prevention (CDC), the cases of obesity increased from 30.0% during 1999-2000 to 42.4% during 2017-2018. According to the same source, the cases of severe obesity also increased to 9.2% during 2017-2018 from 4.7% during 1999-2000.
- Adjustable gastric bands
- Implantable gastric stimulators
- Intra-gastric balloons
- Surgical staples
- Gastric surgery clamps
- Others (Clip appliers, Endo stitch, Trocars)
- Adjustable gastric Bands (AGB)
- Roux-en-Y Gastric Bypass (RYGB)
- Vertical Sleeve Gastrectomy (VSG)
- Biliopancreatic Diversion with Duodenal Switch (BPD- DS)
- North America
- Latin America
- Middle East
- Asia Pacific
𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 𝐒𝐚𝐥𝐞 𝐈𝐬 𝐋𝐢𝐯𝐞!
𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐨 𝐀𝐯𝐚𝐢𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐅𝐫𝐨𝐦 𝟐𝟓-𝟑𝟎% 𝐭𝐢𝐥𝐥 𝟑𝟏-𝐃𝐞𝐜-𝟐𝟎𝟐𝟏
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Among regions, North America is expected to witness strong growth in the global bariatric surgery devices market during the forecast period due to rising prevalence of obesity in the region. For instance, during 2015-2016, as per the Centers for Disease Control and Prevention (CDC), 39.8% of obesity cases were reported in adults, and 18.5% in younger people. In 2018, a study published in the American Medical Association journal reported that obesity affected around 93.3 million people, which is 40.0% of adults over the age of 20 in the U.S.
Moreover, Asia Pacific is also expected to witness strong growth in the global bariatric surgery devices market during the forecast period due to increasing prevalence of obesity. For instance, in 2018, the World Health Organization (WHO) reported that Asia had half of the global children population under the age of 5 that were overweight or obese. In 2017, as per the Asian Development Bank Institute, Asia Pacific region had nearly 1 billion people with obesity or overweight.
Major players active in the global bariatric surgery devices market are Cousin Biotech, Endogastric Solutions Inc., GI Dynamics Inc, Johnson and Johnson, Pare Surgical, Spatz FGIA Inc., Allergen, Ethicon, Medtronic Inc., Allergan Inc., Covidien PLC, EntroMedics Inc, Intuitive Surgical Inc., Olympus, ReShape Medical, Inc., Transenterix, Inc., Covidien, and Olympus.
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