- America has been considered to be the global leader in bariatric surgery devices due to the growing prevalence of obesity in this region.
- A number of factors are driving the market in Europe.
- Asia Pacific has been presumed to be the fastest growing market due to high adoption rate of healthcare technology.
Bariatric surgery refers to the procedure performed to reduce weight in which the stomach size is reduced either by cutting a small portion of the stomach, by using a gastric band, or by resecting small intestine into the stomach. Undertaking a bariatric surgery has become necessary especially among the obese and the overweight population.
The major players operating the global market are:
Mediflex Surgical Products
Agency for Medical Innovation
The global bariatric surgery devices market has been segmented on the basis of procedure type, devices, end-user, and region.
Global Bariatric Surgery Devices Market, by Device type
Assisting Devices Type
Incision Closure Devices
Implantable Devices Type
Electrical Stimulation Devices
Gastric Emptying Devices
Global Bariatric Surgery Devices Market, by Procedure
Revision Bariatric Surgery
Non-Invasive Bariatric Surgery
Adjustable Gastric Banding
Biliopancreatic Diversion with Duodenal Switch
Global Bariatric Surgery Devices Market, by End-user
Hospital & Clinics
Ambulatory Surgical Centers
Pharmaceutical Manufacturers and Suppliers
Medical Research Laboratories
Research and Development (R&D) Companies
Market Research and Consulting Service Providers
Comprehensive Regional Analysis
Geographically, the bariatric surgery devices market spans across regions namely, Europe, America, Asia Pacific, and the Middle East and Africa.
Among all the regions, America has been considered to be the global leader in bariatric surgery devices due to the growing prevalence of obesity in this region. Besides, growing government funding and initiatives for research and development, abuse of drugs and alcohol, increasing food chain, coupled with growing demand for technologically advanced treatment
Europe has been considered to hold the second-largest position in the market owing to the major factors such as growing expenditure on healthcare, availability of advanced treatment facilities, government initiatives for healthcare reforms, and need for better healthcare infrastructure.
Asia Pacific has been presumed to be the fastest growing market due to high adoption rate of healthcare technology, initiatives by the government to increase the quality of healthcare, growing patient-tool due to obesity and related diseases, favorable reimbursement policies along with the presence of major market players like Medtronic and Boston Scientific Corporation.
Moreover, the Middle East and African region are predicted to showcase the least growth rate owing to factors like lack of awareness and limited access to treatment facilities.