Bariatric Surgery Devices Market Size Worth $2.92 Billion By 2030 | CAGR: 5.4%

The global bariatric surgery devices market size is expected to reach USD 2.92 billion by 2030, according to a new study by Polaris Market Research. The report “Bariatric Surgery Devices Market Share, Size, Trends, Industry Analysis Report, By Device Type (Minimally Invasive Surgical Devices, Non-invasive Surgical Devices); By Procedure; By Region; Segment Forecast, 2022 - 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.

The rising obesity rates in adults due to changing lifestyle and increase in chronic disorders such as diabetes and heart illness are the main factors drive the industry growth. Furthermore, increasing penetration of the sleeve gastrectomy owing to their low complication rates and better result within a few days is one of the major factors boosting the bariatric surgeries demand over the forecast period.

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In addition, the growing bariatric surgery devices market across emerging economies such as India, Japan, and China are likely to have a positive impact due to rising expenditure on weight-loss treatments. Furtherly, the availability of medical surgeons who are better at performing bariatric surgery is also driving the growth of the bariatric surgery devices market.

The COVID-19 pandemic had a negative impact on the demand for bariatric surgery devices market as the supply for the bariatric devices was slowed down because of the lockdown; moreover, due to the covid infection, several hospitals were shut down, which resulted in the declination of patients struggling with weight-gain. However, as industrial activities resumed in 2021, the demand for bariatric surgery devices had a positive impact on market growth.

Bariatric Surgery Devices Market Report Highlights

• The minimally invasive surgical devices segment accounted for the highest revenue share in 2021 and is expected to continue its dominance owing to the fewer incisions and less painful procedures and ensure a fast recovery.

• Sleeve gastrectomy is expected to spearhead revenue growth as it has fewer complications while performing surgery and is safe and cost-efficient, which is expected to grow across developing countries like India, China, and Japan. 
• North America is expected to continue its dominance over the forecast period on account of several government funding to curb obesity-related disorders and rising cases of obesity across the countries.

• Major players operating in the industry includes A.M.I GmbH, Apollo Endo-surgery, Inc., Applied Medical Resources Corporation, Aspire Bariatrics, Inc., B. Braun Melsungen AG, BOWA-electronic GmbH & Co. KG, Cook Medical LLC, Cousin Biotech, Grena Ltd, Intuitive Surgical, Inc., Johnson & Johnson, Mediflex Surgical Products.

Polaris Market Research has segmented the bariatric surgery devices market report based on device type, procedure, and region:

Bariatric Surgery Devices, Device Type Outlook (Revenue - USD Billion, 2018 - 2030)

• Minimally Invasive Surgical Devices
• Stapling Devices
• Energy/Vessel-sealing Devices
• Suturing Devices
• Accessories
• Non-invasive Surgical Devices

Bariatric Surgery Devices, Procedure Outlook (Revenue - USD Billion, 2018 - 2030)

• Sleeve Gastrectomy
• Gastric Bypass
• Revision Bariatric Surgery
• Non-invasive Bariatric Surgery
• Adjustable Gastric Banding
• Mini-gastric Bypass
• Biliopancreatic Diversion with Duodenal Switch (BPD/DS)

Bariatric Surgery Devices, Regional Outlook (Revenue - USD Billion, 2018 - 2030)

• North America
  • U.S
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa