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Bariatric Surgery Market to Grow at 4.81% by 2028: COVID Impact & Post COVID Analysis, Business Opportunities, and Strategies

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Bariatric Surgery Market to Grow at 4.81% by 2028: COVID Impact & Post COVID Analysis, Business Opportunities, and Strategies

August 10
22:49 2021
Bariatric Surgery Market to Grow at 4.81% by 2028: COVID Impact & Post COVID Analysis, Business Opportunities, and Strategies
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Rising prevalence of obesity and diabetes globally are among some major factors driving global bariatric surgery market revenue growth

The global bariatric surgery market size is expected to reach USD 4.81 Billion at a steady CAGR of 9.0% in 2028, according to latest analysis by Emergen Research. Increase in number of patients requiring surgery and rising demand for minimally invasive surgical procedures are some key factors fueling global bariatric surgery market revenue growth. Increasing prevalence of Type 2 diabetes and heart diseases are also driving market revenue growth.

Technological advancements have resulted in development of more innovative surgical devices with improved treatment outcomes. In addition, rapid integration of surgical robots with bariatric equipment is supporting market growth, and the trend is expected to continue going ahead. Increasing need for bariatric surgeries have created rising demand for skilled professionals. Availability of specialized surgeons for bariatric surgeries is having a positive impact on the market.

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The study of the Global Bariatric Surgery Market by Emergen Research offers insightful data about the market size and market trends inclusive of factors and elements impacting the market growth. The Bariatric Surgery industry study offers a panoramic view of the industry with key outcomes and market data validated and verified by the industry professionals. The crucial information covered by the report offers the readers and businesses a way to capitalize on the current market scenario and enables a strategic business decision-making process for improved profitability. Some of the key players of the market analyzed in the report to offer a better understanding of the competitive landscape are Medtronic PLC, Allergan Inc., B. Braun Melsungen AG, Johnson and Johnson, Olympus, Apollo Endosurgery, Inc., Conmed Corporation, Intuitive Surgical, Inc., Mediflex Surgical Procedures, and GI Dynamics Inc.

Some Key Highlights From the Report

  • In February 2021, Carrum Health expanded options for weight loss surgery in mid-west through partnership with the Bariatric Centre of Kansas City (BCKC). The centre has performed over 17,000 surgeries and the partnership will help improve quality of lives with improved access to high-quality bariatric surgery.
  • Assisting devices segment is expected to register steady increase in revenue growth during the forecast period as these devices are widely used in minimally invasive surgeries which require immediate closure of small incisions.
  • Gastric bypass surgery helps loose weight by changing how stomach and small intestine handles food. After surgery, the stomach will be smaller, and patient will feel full with less food consumption. This procedure is performed on patients who are seriously obese and have been unable to achieve desired weight loss through diets.

Bariatric Surgery Segmentation based on Key Geographical Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
    • Device Outlook (Revenue, USD Billion; 2018–2028)
      • Implantable Devices
  1. Electrical Stimulation Devices
  2. Gastric Bands
  3. Gastric Emptying Systems
  4. Gastric Balloon Systems
  • Assisting Devices
  1. Closure Device
  2. Suturing Device
  3. Trocars
  4. Stapling Device
  5. Others
  • Surgery Outlook (Revenue, USD Billion; 2018–2028)
    • Invasive Surgery
    • Non-Invasive Surgery
  • Procedure Outlook (Revenue, USD Billion; 2018–2028)
    • Gastric Sleeve Surgery
    • Adjustable Gastric Band
    • Gastric Bypass
    • Biliopancreatic Diversion with Duodenal Switch
  • End-use Outlook (Revenue, USD Billion; 2018–2028)
    • Hospital
    • Bariatric Surgery Clinics
    • Ambulatory Surgical Centers

Objectives of the Study:

The segmentation of the market is done on the basis of product types, application spectrum, and the key regions of the Bariatric Surgery market. Along with this, the report also provides extensive coverage of the key companies and their strategic schemes to gain a substantial market position. The report also covers their strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate deals and government deals, agreements, and partnerships, among others.

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Additionally, the Bariatric Surgery report also offers an extensive analysis of the key elements that influence the growth of the market, such as drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. It also offers exhaustive SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis. It also offers strategic recommendations to the new entrants on how to overcome the entry-level barriers. Strategic recommendations for the established players assists them to fortify their position in the market.

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope  
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Bariatric Surgery Market Segmentation & Impact Analysis
    4.1. Bariatric Surgery Market Material Segmentation Analysis
    4.2. Industrial Outlook 
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Prevalence Rate of Type 2 Diabetes and Heart Diseases 
                    4.2.2.2. Increase in Obesity Patients
          4.2.3. Market restraints analysis 
                    4.2.3.1. High Cost of Surgery
    4.3. Technological Insights 
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

Chapter 5. Bariatric Surgery Market By Device Insights & Trends, Revenue (USD Billion) 
    5.1. Device Dynamics & Market Share, 2021 & 2028
          5.1.1. Implantable Devices
                    5.1.1.1. Electrical Stimulation Devices
                    5.1.1.2. Gastric Bands
                    5.1.1.3. Gastric Emptying Systems
                    5.1.1.4. Gastric Balloon Systems
          5.1.2. Assisting Devices
                    5.1.2.1. Closure Device
                    5.1.2.2. Suturing Device
                    5.1.2.3. Trocars
                    5.1.2.4. Stapling Device
                    5.1.2.5. Others

Chapter 6. Bariatric Surgery Market By Surgery Insights & Trends Revenue (USD Billion)
    6.1. Surgery Dynamics & Market Share, 2021 & 2028
          6.1.1. Invasive Surgery
          6.1.2. Non-Invasive Surgery

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Website: www.emergenresearch.com/industry-report/bariatric-surgery-market