Bariatric Surgical Procedures Market was valued at USD 1.84 billion in 2021 and is poised to grow from USD 1.94 billion in 2022 to USD 2.95 billion by 2030, growing at a CAGR of 5.4% in the forecast period (2023-2030).
The bariatric surgical procedures market is a significant and growing segment within the healthcare industry, focusing on the development, provision, and advancements in surgical techniques designed to treat obesity and its related comorbidities. Bariatric surgery, also known as weight-loss surgery, includes a variety of procedures that help individuals lose weight by making changes to their digestive system. This market encompasses a range of surgical options, post-operative care products, and related medical devices.
Key factors driving the growth of the bariatric surgical procedures market include the increasing prevalence of obesity worldwide, rising awareness about the health risks associated with obesity, advancements in surgical techniques and technologies, and the growing acceptance of bariatric surgery as a viable treatment option for severe obesity. Additionally, improvements in minimally invasive surgical techniques, such as laparoscopic and robotic-assisted surgeries, contribute significantly to market expansion by reducing recovery times and complications.
The market includes various types of bariatric surgical procedures, such as:
- Gastric Bypass (Roux-en-Y): This procedure involves creating a small stomach pouch and rerouting the small intestine to this pouch, significantly reducing the amount of food the stomach can hold and the absorption of nutrients.
- Sleeve Gastrectomy: In this procedure, a large portion of the stomach is removed, creating a tube-like structure, which limits food intake and reduces hunger by lowering the production of the hunger hormone ghrelin.
- Adjustable Gastric Banding: This involves placing an inflatable band around the upper part of the stomach to create a small pouch, which can be adjusted to control the rate of food passage.
- Biliopancreatic Diversion with Duodenal Switch (BPD/DS): This complex procedure involves removing a portion of the stomach and bypassing a significant part of the small intestine, which restricts food intake and reduces nutrient absorption.
- Intragastric Balloon: A non-surgical option where a balloon is placed in the stomach and inflated to reduce the amount of space available for food.
- Revision Bariatric Surgery: Procedures performed to correct or enhance the outcomes of previous bariatric surgeries, addressing complications or insufficient weight loss.
Geographically, the bariatric surgical procedures market is experiencing significant growth across both developed and emerging regions. North America and Europe dominate the market due to their advanced healthcare infrastructure, high prevalence of obesity, and strong presence of key market players. The Asia-Pacific region is also witnessing rapid growth driven by increasing healthcare investments, rising obesity rates, and improving access to advanced surgical options.
Despite the market’s growth potential, several challenges remain, such as the high cost of bariatric surgeries, limited insurance coverage in some regions, and potential complications associated with these procedures. Additionally, the need for specialized training for surgeons and comprehensive post-operative care can impact market adoption.
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Market Segmentations:
Global Bariatric Surgical Procedures Market: By Company
Medtronic
Intuitive Surgical
Allergan
Johnson and Johnson
Mediflex
TransEnterix
Global Bariatric Surgical Procedures Market: By Type
Gastric Bypass Surgery
Adjustable Gastric Banding Surgery
Gastric Sleeve Surgery
Duodenal Switch Surgery
Others
Global Bariatric Surgical Procedures Market: By Application
Hospitals
Clinics
Ambulatory Surgical Centers
Global Bariatric Surgical Procedures Market: Regional Analysis
The regional analysis of the global Bariatric Surgical Procedures market provides insights into the market’s performance across different regions of the world. The analysis is based on recent and future trends and includes market forecast for the prediction period. The countries covered in the regional analysis of the Bariatric Surgical Procedures market report are as follows:
North America: The North America region includes the U.S., Canada, and Mexico. The U.S. is the largest market for Cold-chain Pharma in this region, followed by Canada and Mexico. The market growth in this region is primarily driven by the presence of key market players and the increasing demand for the product.
Europe: The Europe region includes Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe. Germany is the largest market for Cold-chain Pharma in this region, followed by the U.K. and France. The market growth in this region is driven by the increasing demand for the product in the automotive and aerospace sectors.
Asia-Pacific: The Asia-Pacific region includes Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, and Rest of Asia-Pacific. China is the largest market for Cold-chain Pharma in this region, followed by Japan and India. The market growth in this region is driven by the increasing adoption of the product in various end-use industries, such as automotive, aerospace, and construction.
Middle East and Africa: The Middle East and Africa region includes Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of Middle East and Africa. The market growth in this region is driven by the increasing demand for the product in the aerospace and defense sectors.
South America: The South America region includes Argentina, Brazil, and Rest of South America. Brazil is the largest market for Cold-chain Pharma in this region, followed by Argentina. The market growth in this region is primarily driven by the increasing demand for the product in the automotive sector.
Key Points:
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- Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
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