Global Bariatric Surgery Market Set For Rapid Growth, To Reach Value Around USD 3.52 Billion By 2032

Zion Market Research has published a new report titled “Bariatric Surgery Market By Devices Type (Assisting Devices and Implantable Devices), By Procedure (Sleeve Gastrectomy, Gastric Bypass, Revision Bariatric Surgery, Non-Invasive Bariatric Surgery, Adjustable Gastric Banding, Mini-Gastric Bypass, and Biliopancreatic Diversion with Duodenal Switch), And By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032”. According to the report, the global bariatric surgery market size was valued at approximately USD 1.98 billion in 2023 and is predicted to reach around USD 3.52 billion by the end of 2032, expanding at a CAGR of around 6.6% from 2024 to 2032.

Bariatric surgery is generally the last option for patients who have failed in the attempt to lose weight with several other means. This treatment boosts weight loss via the restriction of food intake, which is accomplished by decreasing the capacity and size of the stomach, causing malabsorption of calories, which is an effective approach to weight loss in cases of morbid or severe obesity. Due to advancements and improvements in procedures, it is now possible for surgeons to carry out surgery for weight loss through minimally invasive techniques. 

Browse the full “Bariatric Surgery Market By Devices Type (Assisting Devices and Implantable Devices), By Procedure (Sleeve Gastrectomy, Gastric Bypass, Revision Bariatric Surgery, Non-Invasive Bariatric Surgery, Adjustable Gastric Banding, Mini-Gastric Bypass, and Biliopancreatic Diversion with Duodenal Switch), And By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 - 2032” Report at https://www.zionmarketresearch.com/report/bariatric-surgery-market

According to the American Society for Metabolic and Bariatric Surgery, bariatric surgery helps in improving or resolving more than 40 obesity-related diseases and conditions, including heart disease, type II diabetes, sleep apnea, certain cancers, high blood pressure, sleep apnea, high cholesterol, and joint problems. According to ASMBS, bariatric surgery results in a 56% decrease in mortality rate from coronary artery disease and a 60% decrease in mortality rate from cancer along with a major reduction in mortality rates witnessed in colon and breast cancers. ASMBS further estimated a 2% drop in mortality rate from diabetes type II and a 40% overall drop in mortality rate in people who underwent gastric bypass surgery. Furthermore, the bariatric surgery market growth is majorly driven by the rising incidence of obesity in adults and pioneering robotic technologies resulting in enhanced operational efficiency.

Based on devices, the global bariatric surgery market is segmented into implantable devices and assisting devices. The assisting devices segment is further classified into trocars, suturing device, clip appliers, a stapling device, closure devices, and others. The implantable devices segment is sub-segmented into gastric balloons, electrical stimulation devices, gastric bands, and gastric emptying. Among them, the implantable devices segment will contribute towards the major market share in terms of revenue for global bariatric surgery market. The increasing popularity of minimally invasive surgical procedures will boost the segmental growth with the highest CAGR. 

Procedure segment in global bariatric surgery market is divided into gastric bypass, non-invasive bariatric surgery, revision bariatric surgery, mini-gastric bypass, sleeve gastrectomy, adjustable gastric banding, and biliopancreatic diversion with duodenal switch. Gastric bypass segment is expected to dominate the market, owing to an increasing preference for gastric bypass surgeries and gastric bypass diet worldwide. The sleeve gastrectomy segment will grow at the fastest CAGR as it is an incision-less surgery. According to the American Society for Metabolic and Bariatric Surgery (ASMBS), total 2, 28,000 surgeries were performed in 2017. Sleeve gastrectomy segment accounted for around 59.39% share during 2017 and it was followed by gastric bypass segment with the share of 17.80% in the same year.

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa are major regional segments of global bariatric surgery market. North America is anticipated to remain the leading region over the forecast period. Growth in the region is attributed to high prevalence of obese population and adoption of bariatric surgery coupled with government supported funding and research activities undertaken by the industry players to evaluate the efficiency of their surgeries to treat obesity. In Europe, the obese population is increasing at a higher rate with Ireland at the top of the chart. Asia Pacific bariatric surgery market is the fastest growing market with the highest CAGR, owing to the rise in the obese population and thriving medical tourism accompanied by affordable costs of surgery performed in the region. 

Some of the key players in bariatric surgery market include Ethicon, Medtronic, Intuitive Surgical, Apollo Endosurgery, Reshape Lifesciences, Olympus Corporation of the Americas, Aspire Bariatrics, SpatzFgia, Mediflex Surgical Products, Cousin Biotech, Covidien Plc, and TransEnterix, Inc. among others.

This report segments the global Bariatric Surgery Market as follows:

Global Bariatric Surgery Market: Devices Type Segment Analysis

• Assisting Devices
  • Suturing Device
  • Closure Device
  • Stapling Device
  • Trocars
  • Clip Appliers
  • Others
• Implantable Devices 
  • Gastric Bands
  • Electrical Stimulation Devices
  • Gastric Balloons
  • Gastric Emptyingns

Global Bariatric Surgery Market: Procedure Segment Analysis

• Sleeve Gastrectomy
• Gastric Bypass
• Revision Bariatric Surgery
• Non-Invasive Bariatric Surgery
• Adjustable Gastric Banding
• Mini-Gastric Bypass
• Biliopancreatic Diversion with Duodenal Switch 

Global Bariatric Surgery Market: Regional Segment Analysis

• North America
  • The U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com