Global Bariatric Surgeries Market Overview:
Bariatric surgery is a type of surgery used for weight loss by restricting the amount of food the stomach can hold, causing malabsorption of nutrients, or by a combination of both gastric restriction and malabsorption. It makes changes to the digestive system to help to lose weight. It generally performed when diet and exercise haven't worked or when have serious health problems because of weight.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increased Number of FDA Approvals for Bariatric Surgeries and Developing Healthcare Infrastructure in Developing Regions
Market Growth Drivers:
Increased Number of Patient with Obesity Issues and Rise in the Number of Diagnostic Centres
Challenges:
Stringent Government Rules and Regulations
Restraints:
Complications Associated with Bariatric Surgeries and High Cost Associated with Bariatric Surgeries
Opportunities:
Increased Research and Development Activities in Healthcare Sector and Increasing Adoption of Bariatric Surgeries
Competitive Landscape:
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations.
Some of the key players profiled in the report are Allergan Inc. (United States), Intuitive Surgical, Inc. (United States), Cook Medical (United States), Ethicon US, LLC. (United States), Medtronic Plc (Ireland), B.Braun Melsungen AG (Germany), Olympus (Japan), CONMED Corporation (United States), Apollo Endosurgery, Inc. (United States) and Cousin Biotech (France). Additionally, following companies can also be profiled that are part of our coverage like GI Dynamics (United States), TransEnterix, Inc. (United States), USGI Medical (United States) and SemiLEDs (Taiwan). Analyst at AMA Research see United States Players to retain maximum share of Global Bariatric Surgeries market by 2030. Considering Market by End-users, the sub-segment i.e. Hospitals will boost the Bariatric Surgeries market. Considering Market by Surgery Type, the sub-segment i.e. Invasive will boost the Bariatric Surgeries market.
Latest Market Insights:
On December 15, 2023, Ethicon, a Johnson & Johnson company, announced the acquisition of Aesculap AG, a leading German medical device company specializing in bariatric surgery instruments. This deal strengthens Ethicon's position in the growing market for minimally invasive bariatric surgery procedures.
On October 20, 2023, Medtronic announced the acquisition of Nuvasive, Inc., a medical technology company specializing in spine and musculoskeletal solutions. While not directly related to bariatric surgery, this acquisition expands Medtronic's portfolio of surgical technologies and could potentially lead to future developments in bariatric procedures.
What Can be Explored with the Bariatric Surgeries Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Bariatric Surgeries Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Bariatric Surgeries
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bariatric Surgeries market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Bariatric Surgeries market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Bariatric Surgery Device Manufacturers, Distributors, Emerging Companies, Research Professionals and End-users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.