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Tuesday, 27 September 2022 01:12 GMT

Bariatric Surgery Market Opportunities, Future Trends, Business Demand And Growth Forecast 2028


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Rising prevalence of obesity and diabetes globally are among some major factors driving global bariatric surgery market revenue growth

Bariatric Surgery Market Size – USD 2.41 Billion in 2020, Market Growth – at a CAGR of 9.0%, Market Trends – Advancements in minimally invasive surgeries” — Emergen Research

VANCOUVER, BC, CANADA, September 22, 2022 /EINPresswire.com / -- 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. Rapid urbanization, lack of physical activity, and poor or unhealthy diets are contributing to increasing obesity. However, high cost of these surgeries and procedures is a key factor negatively impacting market revenue growth.

The Global Bariatric Surgery Market report brings into light key market dynamics of the sector. This intelligence report includes investigations based on Current scenarios, Historical records, and Future predictions. The report contains different market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, diagrams, graphs, pie charts, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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The global Bariatric Surgery market consists of various segments, including product type outlook, application spectrum, end-user overview, leading regions, and the competitive analysis. The report further provides information regarding the value chain, emerging market sectors, and the technological advancements in the industry to benefit readers and businesses looking to invest in this industry.

Key Market Competitors Profiled in the Report:

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.

The report emphasizes the demands and ongoing trends of the global Bariatric Surgery market, more importantly, across the major regions of the market. Additionally, our analysts have included SWOT analysis and Porter's Five Forces analysis in the report to offer a better understanding of the competitive spectrum of this ever-evolving industry. Moreover, the report sheds light on the cutting-edge expansion strategies adopted by the market contenders, such as mergers & acquisitions, joint ventures, partnerships & collaborations, new product launches, and brand promotions. 

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.

Non-invasive or minimally invasive surgeries enable completion of weight loss surgery without need for making a large, open incision. There are various types of minimally invasive surgeries such as single-site weight loss surgery, laparoscopic weight loss surgery, robotic weight loss surgery, and endoscopic techniques.

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Emergen Research has segmented the global bariatric surgery market on the basis of device, surgery, procedure, end-use, and region:

Device Outlook (Revenue, USD Billion; 2018–2028)

Implantable Devices

Electrical Stimulation Devices

Gastric Bands

Gastric Emptying Systems

Gastric Balloon Systems

Assisting Devices

Closure Device

Suturing Device

Trocars

Stapling Device

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

Major Geographies Covered in the Report:

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)

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In addition, the competitive dynamics of the Bariatric Surgery market are evaluated in detail during the study. Current and future trends shaping the progress of the industry are evaluated during the study, which offers a review of the major technology trends expected to dominate the during the forecast period, The assessment report not only identifies but also anticipates and satisfies business owners' questions pertaining to the dramatic shift in customer preferences, spending power and consumer demands worldwide. Along with this, import and export status, demand and supply, distribution channel, cost structure, gross margin and profits generated across different segments are thoroughly examined.

Target Audience of the Report:

Leading Companies

Large, medium-sized, and small enterprises

Investors

Value-Added Resellers (VARs)

Venture capitalists

Third-party knowledge providers

The global Bariatric Surgery market report evaluates the latest economic scenario in terms of value and volume. It highlights the key growth drivers, restraints, production capacity, demand & supply ratio, import/export status, growth rate, and other critical aspects. Additionally, the report also performs SWOT analysis, Porter's Five Forces analysis, speculation attainability investigation, and venture return investigation.

Key Benefits of Buying the Global Bariatric Surgery Report:

Comprehensive analysis of the changing competitive landscape

Assists in decision making processes for the businesses along with detailed strategic planning methodologies

The report offers an 8-year forecast and assessment of the Global Bariatric Surgery Market

Helps in understanding the key product segments and their estimated growth rate

In-depth analysis of market drivers, restraints, trends, and opportunities

Comprehensive regional analysis of the Global Bariatric Surgery Market

Extensive profiling of the key stakeholders of the business sphere

Detailed analysis of the factors influencing the growth of the Global Bariatric Surgery Market

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trend's existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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The global bariatric surgery market size is expected to reach USD 4.81 Billion at a steady CAGR of 9.0% in 2028

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