About Bariatric Product
Bariatric products refers to medical equipment that is designed with heavier weight capacities, higher durability and in larger sizes than standard. Although there isn’t any specific weight that makes a person considered obese, since obesity is a term that is relative to a person’s BMI, products that are built to support weights of 300 lbs. or more are considered heavy duty or bariatric. Medical conditions aggravated by overweight and obesity are becoming increasingly more critical in today’s society, with a number of studies highlighting the cost both to the NHS and to the individuals of excess weight gain. As the issue has become more widespread, the term ‘bariatric’ has now coined common usage in healthcare circles.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Bariatric Product market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Blickman Inc (United States), Medex Supply Distributors Inc.(United States), Maddak,Inc. (United States), Clear Image Devices (United States), HatchMed Corp. (United States), Wholesale Point,Inc. (United States), Varilite(United States), Sunrise Medical (United States), Gemco Medical (United States) and ConvaQuip(United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Hill-Rom(United States).
Segmentation Overview
AMA Research has segmented the market of Global Bariatric Product market by Type (Bariatric Wheelchairs, Bariatric Bath & Transfer, Bariatric Benchers, Bariatric Commodes and Others), Application (Hospitals, Clinics and Others) and Region.
On the basis of geography, the market of Bariatric Product has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Bariatric Product market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Online Sales channel and purchasing power of the end user
Market Growth Drivers:
Increasing Demand For Bariatric Equipment Capable Of Handling Heavier Loads and Demand for lightweight and high strength Bariatric products
Challenges:
Bariatric medical supplies are a costly but necessary expense
Restraints:
Fluctuated Price of Raw Materials
Opportunities:
Increasing expenditure of government in the health care industries
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Bariatric Product Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders,and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.