Obesity Surgery Devices Market Scope
The global obesity surgery devices market is projected to grow over the forecast period due to the increasing incidence rate of obesity in adults due to changing lifestyle habits and excessive intake of calories. Moreover, government support and increasing awareness about unhealthy food and drinks available in the market, and their effect on BMI is further projected to increase the obesity surgeries demand over the forecast period.
The Obesity Surgery Devices market study is segmented by Type (Intragastric Balloons, Gastric Electrical Stimulation, Gastric Bands and Staples) and major geographies with country level break-up.
Key players are implementing various strategies such as mergers & acquisitions, new product development, joint ventures, partnerships and others. Medical technology and healthcare companies are setting standards by manufacturing surgical instruments with the help of various technological advancements. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Obesity Surgery Devices market throughout the predicted period.
Johnsons & Johnsons (United States), Medtronic (Ireland), Apollo Endosurgery (United States), Mediflex Surgical Product (United States), TransEnterix (United States), Aspire Bariatrics (United States), Spatz FGIA (United States), MetaCure (United Kingdom), IntraPace (United States), Intuitive Surgical (United States) and Allergan (Ireland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are USGI Medical (United States) and Semiled (Taiwan).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Obesity Surgery Devices market by Type, Application and Region.
On the basis of geography, the market of Obesity Surgery Devices 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).
Market Leaders and their expansionary development strategies
In May 2017, EnteroMedics Inc. acquired BarioSurg, Inc. through which they also acquired the rights to the company’s Gastric Vest System. The transaction was worth USD 2 million.
Market Trend
- Technical Advances Leading To Launch of Innovative Products with Improved Outcomes
Market Drivers
- Increasing Demand for Minimally Invasive Surgeries (MIS) Worldwide
- Rising Incidences of Obesity in the Asia Pacific
- Increasing Government Funding for Obesity Surgery in Developed Countries
Opportunities
- Increasing Demand From Emerging Economies Such As India and China
- Huge Investments by Major Players
- Growth in the Health Care Industry
Restraints
- High Cost Associated with Surgical Devices
- Stringent Regulatory Scenario in Developed Countries
Challenges
- Dearth of Skilled Healthcare Professionals in Developing Economies
Key Target Audience
Hospitals, Healthcare corporations, Bariatric surgical centers, Bariatric device distributors, Medical service providers, Manufacturers of bariatric surgery devices and Bariatric surgeons
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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