Report Detail
Global Bariatric Surgery Devices Market Report 2018-2029
- RnM3875527 |
- 22 August, 2023 |
- Global |
- 133 Pages |
- HJResearch |
- Medical Devices & Consumables
The Bariatric Surgery Devices industry plays a crucial role in the field of healthcare by providing specialized devices used in bariatric surgery procedures. This article aims to provide a comprehensive market analysis of the Bariatric Surgery Devices industry, including its definition, usage, current industry status, and future prospects. With the global market size projected to reach US$2132 million by 2022, experiencing a compound annual growth rate (CAGR) of 5.2%, the industry presents significant opportunities. Major global manufacturers such as Cousin Biotech, Intuitive Surgical, Inc., and Endogastric Solutions, Inc. dominate the market, indicating the industry's stability and competition.
Bariatric Surgery Devices refer to a range of instruments, equipment, and implants specifically designed and used during bariatric surgical procedures. These devices aid in performing weight loss surgeries, such as gastric bypass, sleeve gastrectomy, and gastric banding. Bariatric Surgery Devices aim to reduce the size of the stomach, alter the digestive process, or restrict food intake, contributing to long-term weight loss and improved health outcomes for patients struggling with obesity.
Hospitals: Bariatric Surgery Devices are extensively used in hospitals to perform bariatric surgeries. These devices assist surgeons in safely manipulating the stomach, intestines, and other anatomical structures during procedures. They contribute to optimizing surgical outcomes, reducing post-operative complications, and improving patient recovery.
Clinics: Bariatric Surgery Devices are also utilized in specialized clinics that focus on bariatric surgeries. These clinics cater to individuals seeking weight loss solutions and offer a wide range of surgical procedures using specialized devices. Bariatric Surgery Devices enhance the efficacy and safety of these surgeries, attracting patients who are seeking long-term weight loss solutions.
Beauty Institutions: In recent years, some beauty institutions have started offering non-surgical weight loss procedures, such as gastric balloon placement or intragastric aspiration systems. Bariatric Surgery Devices play a crucial role in these procedures, ensuring their effectiveness and safety.
Others: Bariatric Surgery Devices may also be used in research institutions or academic settings for experimental purposes or training future surgeons in bariatric surgical techniques.
The global Bariatric Surgery Devices market has experienced steady growth in recent years and is projected to expand at a CAGR of 5.2% until 2022. Several factors contribute to this growth:
Increasing Prevalence of Obesity: The global rise in obesity rates has contributed to the growing demand for bariatric surgical interventions. Bariatric Surgery Devices enable surgeons to perform effective weight loss procedures, making them an essential component of the treatment pathway for obesity.
Technological Advancements: Continuous advancements in surgical technologies and minimally invasive techniques have led to the development of more sophisticated Bariatric Surgery Devices. These devices offer improved precision, safety, and efficiency, enhancing patient outcomes and contributing to the growth of the industry.
Rising Awareness and Acceptance: Increased awareness about the potential benefits of bariatric surgery, coupled with changing societal attitudes towards obesity, has led to a greater acceptance of these procedures. This trend drives the demand for Bariatric Surgery Devices.
Growing Healthcare Expenditure: Rising healthcare expenditure globally, combined with increasing insurance coverage for bariatric surgical procedures, has facilitated access to these surgeries. This enables more individuals to undergo bariatric surgeries, driving the demand for Bariatric Surgery Devices.
The Bariatric Surgery Devices industry is experiencing steady growth due to the increasing prevalence of obesity, technological advancements, rising awareness and acceptance, and growing healthcare expenditure. With major global manufacturers such as Cousin Biotech, Intuitive Surgical, Inc., and Endogastric Solutions, Inc. dominating the market, the industry is poised for further development. Bariatric Surgery Devices continue to play a vital role in enabling safe and effective weight loss surgeries, contributing to improved patient outcomes and enhanced quality of life. As the demand for bariatric surgeries continues to rise, driven by societal changes and healthcare priorities, the market for Bariatric Surgery Devices presents substantial opportunities for manufacturers, healthcare providers, and patients alike.
The SWOT analysis of the Bariatric Surgery Devices industry is as follows:
Strengths:
Growing Market Demand: The increasing prevalence of obesity and the rising acceptance of bariatric surgeries contribute to the continuously growing demand for Bariatric Surgery Devices.
Technological Advancements: The industry benefits from continuous advancements in surgical technologies, leading to the development of more sophisticated and effective Bariatric Surgery Devices.
Established Market Players: The presence of major global manufacturers in the market indicates industry stability and competition. These established players possess extensive experience, resources, and distribution networks, providing a strong foundation for growth.
Weaknesses:
Cost of Devices: Bariatric Surgery Devices can be costly, limiting accessibility for some patients or healthcare providers with budget constraints. This could hinder market penetration and adoption rates.
Regulatory Challenges: The industry is subject to stringent regulations to ensure patient safety and device effectiveness. Complying with these regulations can be demanding, requiring significant investments in research, development, and compliance activities.
Opportunities:
Emerging Markets: There is room for expansion in emerging markets where the prevalence of obesity is increasing rapidly, such as certain regions in Asia and Latin America. These untapped markets present opportunities for market entry and growth.
Minimally Invasive Techniques: The development of minimally invasive surgical techniques offers significant growth potential. Bariatric Surgery Devices that cater to these techniques, such as laparoscopic instruments, have the opportunity to gain market share and meet the increasing demand for less invasive procedures.
Threats:
Alternative Weight Loss Solutions: Non-surgical weight loss solutions, such as pharmaceutical interventions or lifestyle modifications, pose a threat to the demand for bariatric surgeries and related devices. The industry must stay adaptable and innovative to compete effectively.
Reimbursement Challenges: Obtaining reimbursement for bariatric surgeries and associated devices can be challenging due to varying healthcare policies and reimbursement systems across different regions. Reimbursement limitations may hinder market growth.
Key players in global Bariatric Surgery Devices market include:
Cousin Biotech
Intuitive Surgical, Inc.
Endogastric Solutions, Inc.
EnteroMedics, Inc..
Covidien PLC
USGI Medical, Inc
Olympus
Johnson & Johnson
ReShape Medical, Inc.
Ethicon-Endosurgery
Transenterix, Inc.
Satiety, Inc
Pare Surgical, Inc
Spatz FGIA, Inc.
Allergan, Inc.
GI Dynamics, Inc.
Market segmentation, by product types:
CImplantable Gastric simulators
Intragstric Balloons
Surgical Staples
Gastric Surgery Clamps
Trocars
Clip Appliers
Sutures
Surgical Clamps
Endo Stitch
Market segmentation, by applications:
Hospital
Clinic
Beauty Institution
Others
1 Industry Overview of Bariatric Surgery Devices
- 1.1 Research Scope
- 1.2 Market Segmentation by Types of Bariatric Surgery Devices
- 1.3 Market Segmentation by End Users of Bariatric Surgery Devices
- 1.4 Market Dynamics Analysis of Bariatric Surgery Devices
- 1.4.1 Market Drivers
- 1.4.2 Market Challenges
- 1.4.3 Market Opportunities
- 1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Bariatric Surgery Devices Industry
- 2.1 Cousin Biotech
- 2.1.1 Company Overview
- 2.1.2 Main Products and Specifications
- 2.1.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.1.4 Contact Information
- 2.2 Intuitive Surgical, Inc.
- 2.2.1 Company Overview
- 2.2.2 Main Products and Specifications
- 2.2.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.2.4 Contact Information
- 2.3 Endogastric Solutions, Inc.
- 2.3.1 Company Overview
- 2.3.2 Main Products and Specifications
- 2.3.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.3.4 Contact Information
- 2.4 EnteroMedics, Inc..
- 2.4.1 Company Overview
- 2.4.2 Main Products and Specifications
- 2.4.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.4.4 Contact Information
- 2.5 Covidien PLC
- 2.5.1 Company Overview
- 2.5.2 Main Products and Specifications
- 2.5.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.5.4 Contact Information
- 2.6 USGI Medical, Inc
- 2.6.1 Company Overview
- 2.6.2 Main Products and Specifications
- 2.6.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.6.4 Contact Information
- 2.7 Olympus
- 2.7.1 Company Overview
- 2.7.2 Main Products and Specifications
- 2.7.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.7.4 Contact Information
- 2.8 Johnson & Johnson
- 2.8.1 Company Overview
- 2.8.2 Main Products and Specifications
- 2.8.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.8.4 Contact Information
- 2.9 ReShape Medical, Inc.
- 2.9.1 Company Overview
- 2.9.2 Main Products and Specifications
- 2.9.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.9.4 Contact Information
- 2.10 Ethicon-Endosurgery
- 2.10.1 Company Overview
- 2.10.2 Main Products and Specifications
- 2.10.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.10.4 Contact Information
- 2.11 Transenterix, Inc.
- 2.11.1 Company Overview
- 2.11.2 Main Products and Specifications
- 2.11.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.11.4 Contact Information
- 2.12 Satiety, Inc
- 2.12.1 Company Overview
- 2.12.2 Main Products and Specifications
- 2.12.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.12.4 Contact Information
- 2.13 Pare Surgical, Inc
- 2.13.1 Company Overview
- 2.13.2 Main Products and Specifications
- 2.13.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.13.4 Contact Information
- 2.14 Spatz FGIA, Inc.
- 2.14.1 Company Overview
- 2.14.2 Main Products and Specifications
- 2.14.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.14.4 Contact Information
- 2.15 Allergan, Inc.
- 2.15.1 Company Overview
- 2.15.2 Main Products and Specifications
- 2.15.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.15.4 Contact Information
- 2.16 GI Dynamics, Inc.
- 2.16.1 Company Overview
- 2.16.2 Main Products and Specifications
- 2.16.3 Bariatric Surgery Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.16.4 Contact Information
3 Global Bariatric Surgery Devices Market Analysis by Regions, Manufacturers, Types and End Users
- 3.1 Global Sales Volume and Revenue of Bariatric Surgery Devices by Regions (2018-2023)
- 3.2 Global Sales Volume and Revenue of Bariatric Surgery Devices by Manufacturers (2018-2023)
- 3.3 Global Sales Volume and Revenue of Bariatric Surgery Devices by Types (2018-2023)
- 3.4 Global Sales Volume and Revenue of Bariatric Surgery Devices by End Users (2018-2023)
- 3.5 Selling Price Analysis of Bariatric Surgery Devices by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Bariatric Surgery Devices Market Analysis by Countries, Types and End Users
- 4.1 Northern America Bariatric Surgery Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 4.2 Northern America Bariatric Surgery Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 4.3 Northern America Bariatric Surgery Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 4.4 United States Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 4.5 Canada Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Bariatric Surgery Devices Market Analysis by Countries, Types and End Users
- 5.1 Europe Bariatric Surgery Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 5.2 Europe Bariatric Surgery Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 5.3 Europe Bariatric Surgery Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 5.4 Germany Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.5 France Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.6 UK Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.7 Italy Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.8 Russia Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.9 Spain Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.10 Netherlands Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Bariatric Surgery Devices Market Analysis by Countries, Types and End Users
- 6.1 Asia Pacific Bariatric Surgery Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 6.2 Asia Pacific Bariatric Surgery Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 6.3 Asia Pacific Bariatric Surgery Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 6.4 China Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.5 Japan Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.6 Korea Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.7 India Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.8 Australia Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.9 Indonesia Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.10 Vietnam Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Bariatric Surgery Devices Market Analysis by Countries, Types and End Users
- 7.1 Latin America Bariatric Surgery Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 7.2 Latin America Bariatric Surgery Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 7.3 Latin America Bariatric Surgery Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 7.4 Brazil Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.5 Mexico Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.6 Argentina Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.7 Colombia Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Bariatric Surgery Devices Market Analysis by Countries, Types and End Users
- 8.1 Middle East & Africa Bariatric Surgery Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 8.2 Middle East & Africa Bariatric Surgery Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 8.3 Middle East & Africa Bariatric Surgery Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 8.4 Turkey Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.5 Saudi Arabia Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.6 South Africa Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.7 Egypt Bariatric Surgery Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
- 9.1 Marketing Channel
- 9.1.1 Direct Channel
- 9.1.2 Indirect Channel
- 9.2 Distributors and Traders
10 Global Bariatric Surgery Devices Market Forecast by Regions, Countries, Manufacturers, Types and End Users
- 10.1 Global Sales Volume and Revenue Forecast of Bariatric Surgery Devices by Regions (2024-2029)
- 10.2 Global Sales Volume and Revenue Forecast of Bariatric Surgery Devices by Types (2024-2029)
- 10.3 Global Sales Volume and Revenue Forecast of Bariatric Surgery Devices by End Users (2024-2029)
- 10.4 Global Revenue Forecast of Bariatric Surgery Devices by Countries (2024-2029)
- 10.4.1 United States Revenue Forecast (2024-2029)
- 10.4.2 Canada Revenue Forecast (2024-2029)
- 10.4.3 Germany Revenue Forecast (2024-2029)
- 10.4.4 France Revenue Forecast (2024-2029)
- 10.4.5 UK Revenue Forecast (2024-2029)
- 10.4.6 Italy Revenue Forecast (2024-2029)
- 10.4.7 Russia Revenue Forecast (2024-2029)
- 10.4.8 Spain Revenue Forecast (2024-2029)
- 10.4.9 Netherlands Revenue Forecast (2024-2029)
- 10.4.10 China Revenue Forecast (2024-2029)
- 10.4.11 Japan Revenue Forecast (2024-2029)
- 10.4.12 Korea Revenue Forecast (2024-2029)
- 10.4.13 India Revenue Forecast (2024-2029)
- 10.4.14 Australia Revenue Forecast (2024-2029)
- 10.4.15 Indonesia Revenue Forecast (2024-2029)
- 10.4.16 Vietnam Revenue Forecast (2024-2029)
- 10.4.17 Brazil Revenue Forecast (2024-2029)
- 10.4.18 Mexico Revenue Forecast (2024-2029)
- 10.4.19 Argentina Revenue Forecast (2024-2029)
- 10.4.20 Colombia Revenue Forecast (2024-2029)
- 10.4.21 Turkey Revenue Forecast (2024-2029)
- 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
- 10.4.23 South Africa Revenue Forecast (2024-2029)
- 10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Bariatric Surgery Devices
- 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Bariatric Surgery Devices
- 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Bariatric Surgery Devices
- 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Bariatric Surgery Devices
- 11.2 Downstream Major Consumers Analysis of Bariatric Surgery Devices
- 11.3 Major Suppliers of Bariatric Surgery Devices with Contact Information
- 11.4 Supply Chain Relationship Analysis of Bariatric Surgery Devices
12 Bariatric Surgery Devices New Project Investment Feasibility Analysis
- 12.1 Bariatric Surgery Devices New Project SWOT Analysis
- 12.2 Bariatric Surgery Devices New Project Investment Feasibility Analysis
- 12.2.1 Project Name
- 12.2.2 Investment Budget
- 12.2.3 Project Product Solutions
- 12.2.4 Project Schedule
13 Bariatric Surgery Devices Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.2 References and Data Sources
- 14.2.1 Primary Sources
- 14.2.2 Secondary Paid Sources
- 14.2.3 Secondary Public Sources
- 14.3 Abbreviations and Units of Measurement
- 14.4 Author Details
Summary:
Get latest Market Research Reports on Bariatric Surgery Devices. Industry analysis & Market Report on Bariatric Surgery Devices is a syndicated market report, published as Global Bariatric Surgery Devices Market Report 2018-2029. It is complete Research Study and Industry Analysis of Bariatric Surgery Devices market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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