Bariatric Surgery Market
Global Bariatric Surgery Market Size, Share & Trends Analysis Report by Procedures (Biliopancreatic Diversion with a Duodenal Switch (bpd-ds), Adjustable Gastric Band Surgery, Sleeve Gastrectomy Surgery, and Gastric Bypass Surgery), by Devices (Gastric Bands, Gastric Balloons, Gastric Stapling Device, and Others), and by End-User (Hospitals and Clinics, and Ambulatory Surgical Centers) Forecast Period (2022-2028)
The global bariatric surgery market is anticipated to grow at a significant CAGR of 9.2% during the forecast period. There are various key factors that are contributing towards the growth of the global bariatric surgery market including the rising number of obese patients across the globe, government support for obesity management by awareness programmes/ campaign, and technological advancements and innovation. In addition, increasing prevalence of diabetes is the major cause of obesity that further lead to the demand for bariatric surgery. According to International Diabetes Federation’s IDF Diabetes Atlas Ninth edition 2019, approximately 463 million adults were currently living with diabetes globally. However, obesity procedures requires high cost that is the major concern expected to limit its wide adoption during the forecast period. Besides, FDA approvals for bariatric surgery devices may offer new growth opportunities to the market.
Impact of COVID-19 Pandemic on Global Bariatric Surgery Market
The global Bariatric Surgery market has been negatively impacted by the COVID-19 pandemic. The COVID19 affected the global economy and medical device industry as there were serious limitations caused due to complete lockdowns. To control the spread of the virus, governments across the globe imposed various restrictions on the movement of goods and people. Moreover, all the elective surgeries were postponed or suspended and surgical emergencies and oncological procedures were the only operations allowed in public hospitals. As a result, patients with morbid obesity were put in a stand-by situation.
Segmental Outlook
The global bariatric surgery market is segmented on the basis of procedures, devices, and end-user. Based on procedures, the market is segmented into biliopancreatic diversion with a duodenal switch (bpd-ds), adjustable gastric band surgery, sleeve gastrectomy surgery, and gastric bypass surgery. Based on devices, the market is segmented into gastric bands, gastric balloons, gastric stapling device, and others. Based on end-user, the market is segmented into hospitals and clinics, and ambulatory surgical centers. Among the procedures segment, the sleeve gastrectomy is expected to hold the significant share market share during the forecast period. This is due to less acid secretion so that less chances of causing ulcer after surgery.
Global Bariatric Surgery Market Share by Procedures, 2021 (%)
The Gastric Bypass Surgery Segment is anticipated to Hold Prominent Share in the Global Bariatric Surgery Market
The witnessing adoption of gastric bypass is increasing across the globe due to growing prevalence of the CVD and type-2 diabetes. The demand for gastric bypass is increasing due to long term remission for type-2 diabetes, alleviates other medical conditions, eliminates obstructive sleep apnea, and improved cardiovascular health. Moreover, the gastric bypass works through several mechanisms that creates stomach pouch smaller and facilitates significantly smaller meals. Due to procedure of less digestion of food that would absorb calories with nutrients so that digestive system can be improved. As a result, it is beneficial for the patients.
Regional Outlooks
The global Bariatric Surgery market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for particular region or country level as per the requirement. Among these regions, North America is estimated to hold a significant share in the global market due to the rising number of bariatric surgeries.
Global Bariatric Surgery Market Growth, by Region 2022-2028
North America contributes a significant share in the Global Bariatric Surgery Market
North America is expected to hold the significant share in the global bariatric surgery market during the forecast period. This is due to the rapidly growing obese population among the urban and rural populations in the region, which in turn, is increasing the prevalence of diseases, such as diabetes and CVD. Moreover, the growing awareness among consumers in the locale about maintaining healthy lifestyle that leads to a steady rise in the bariatric surgery market over the forecast period.
Market Players Outlook
The major companies serving the global bariatric surgery market include Allergan, Inc., Cousin-Biotech, Medtronic PLC, Johnson & Johnson Services, Inc., Olympus Corp., ReShape Lifesciences, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in 2019, Spatz Medical announced the FDA trial results of its innovative adjustable gastric balloon. The results demonstrate that the Spatz3 balloon is significantly more effective and successful intragastric balloon than any non-adjustable balloon in the market.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global bariatric surgery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Bariatric Surgery Market
• Recovery Scenario of Global Bariatric Surgery Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Cousin-Biotech
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Johnson & Johnson Services, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Medtronic PLC
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Olympus Corp.
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. ReShape Lifesciences, Inc.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
3.8. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Bariatric Surgery Market by Procedures
4.1.1. Biliopancreatic Diversion with a Duodenal Switch (bpd-ds)
4.1.2. Adjustable Gastric Band Surgery
4.1.3. Sleeve Gastrectomy Surgery
4.1.4. Gastric Bypass Surgery
4.2. Global Bariatric Surgery Market by Devices
4.2.1. Gastric Bands
4.2.2. Gastric Balloons
4.2.3. Gastric Stapling Device
4.2.4. Others (Adjustable Gastric Bands and Bariatric Bed)
4.3. Global Bariatric Surgery Market by End-User
4.3.1. Hospitals and Clinics
4.3.2. Ambulatory Surgical Centers
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Allergan PLC
6.2. Apollo Endosurgery Inc.
6.3. Asensus Surgical, Inc.
6.4. Aspire Bariatrics, Inc.
6.5. EndoGastric Solutions, Inc.
6.6. Gelesis, Inc.
6.7. GI Dynamics, Inc.
6.8. Mediflex Surgical Products
6.9. Sklar Surgical Instruments
6.10. Spatz FGIA Inc.
6.11. Stryker Corp.
6.12. USGI Medical, Inc.
6.13. W. L. Gore & Associates, Inc.
1. GLOBAL BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY PROCEDURES, 2021-2028 ($ MILLION)
2. GLOBAL BILIOPANCREATIC DIVERSION WITH A DUODENAL SWITCH (BPD-DS) MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL ADJUSTABLE GASTRIC BAND SURGERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL SLEEVE GASTRECTOMY SURGERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL GASTRIC BYPASS SURGERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY DEVICES, 2021-2028 ($ MILLION)
7. GLOBAL BARIATRIC SURGERY BY GASTRIC BANDS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL BARIATRIC SURGERY BY GASTRIC BALLOONSMARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL BARIATRIC SURGERY BY GASTRIC STAPLING DEVICE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL BARIATRIC SURGERY BY OTHER DEVICE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
12. GLOBAL BARIATRIC SURGERY IN HOSPITALS AND CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL BARIATRIC SURGERY IN AMBULATORY SURGICAL CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. NORTH AMERICAN BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY PROCEDURES, 2021-2028 ($ MILLION)
17. NORTH AMERICAN BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY DEVICES, 2021-2028 ($ MILLION)
18. NORTH AMERICAN BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
19. EUROPEAN BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. EUROPEAN BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY PROCEDURES, 2021-2028 ($ MILLION)
21. EUROPEAN BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY DEVICES, 2021-2028 ($ MILLION)
22. EUROPEAN BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY PROCEDURES, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY DEVICES, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
27. REST OF THE WORLD BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
28. REST OF THE WORLD BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY PROCEDURES, 2021-2028 ($ MILLION)
29. REST OF THE WORLD BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY DEVICES, 2021-2028 ($ MILLION)
30. REST OF THE WORLD BARIATRIC SURGERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL BARIATRIC SURGERY MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL BARIATRIC SURGERY MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL BARIATRIC SURGERY MARKET, 2022-2028 (%)
4. GLOBAL BARIATRIC SURGERY MARKET SHARE BY PROCEDURES, 2021 VS 2028 (%)
5. GLOBAL BILIOPANCREATIC DIVERSION WITH A DUODENAL SWITCH (BPD-DS) MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL ADJUSTABLE GASTRIC BAND SURGERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL SLEEVE GASTRECTOMY SURGERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL GASTRIC BYPASS SURGERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL BARIATRIC SURGERY MARKET SHARE BY DEVICES, 2021 VS 2028 (%)
10. GLOBAL BARIATRIC SURGERY BY GASTRIC BANDS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL BARIATRIC SURGERY BY GASTRIC BALLOONS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL BARIATRIC SURGERY BY GASTRIC STAPLING DEVICE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL BARIATRIC SURGERY BY OTHER DEVICE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL BARIATRIC SURGERY MARKET SHARE BY END-USER, 2021 VS 2028 (%)
15. GLOBAL BARIATRIC SURGERY IN HOSPITALS AND CLINICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL BARIATRIC SURGERY IN AMBULATORY SURGICAL CENTERS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL BARIATRIC SURGERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
18. US BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
19. CANADA BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
20. UK BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
21. FRANCE BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
22. GERMANY BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
23. ITALY BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
24. SPAIN BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF EUROPE BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
26. INDIA BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
27. CHINA BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
28. JAPAN BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
29. SOUTH KOREA BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF ASIA-PACIFIC BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF THE WORLD BARIATRIC SURGERY MARKET SIZE, 2021-2028 ($ MILLION)
