Bariatric Surgery Devices Market Expected to Witness Massive Growth with a Tremendous CAGR of 5.22%, asserts DelveInsight - Medgadget

The global bariatric country devices market was valued astatine USD 2.082 million successful 2021, increasing astatine a CAGR of 5.22% during the forecast play from 2022 to 2027 to scope USD 2,823 million by 2027. 

The summation successful request for bariatric country devices is chiefly attributed to the expanding prevalence of obesity owed to sedentary and unhealthy lifestyle. Furthermore, puerility obesity is rising astatine an alarming rate. Moreover, owed to terrible and untreated obesity chronic diseases similar excessive cholesterol, hypertension, and diabetes are rising steeply, thereby propelling the marketplace maturation of the product. Furthermore, rising request of minimally invasive surgeries and pain-free surgeries, frankincense expanding the request of the device. 

Additionally, the request of bariatric country is expanding truthful the availability of surgeons specialized for bariatric surgeries is increasing, yet expanding the fig of surgical procedures and the merchandise demand.  Moreover, the authorities is expanding the enactment and consciousness astir unhealthy foods and drinks and moreover expanding backing for bariatric country successful developed countries crossed the satellite are anticipated to bolster the market, thereby contributing to the maturation of the bariatric country devices market during the forecast play from 2022-2027.

Some of the cardinal marketplace players operating successful the bariatric country devices marketplace see Standard Bariatrics, Inc., Apollo Endosurgery Inc., Johnson & Johnson Services, Inc., Mediflex Surgical Products, Spatz FGIA Inc., Intuitive Surgical, USGI Medical, Olympus Corporation, GI Dynamics, ReShape Lifesciences, Inc, CONMED Corporation, Grena Ltd., Cousin Biotech, Medtronic, B. Braun Melsungen AG, W. L. Gore & Associates, Inc., IntraPace Inc., Asensus Surgical Inc., MID- Medical Innovation Developpement, AbbVie Inc., among others.

DelveInsight’s “Bariatric Surgery Devices Market Insight & Forecast” study volition connection an in-depth knowing of the Bariatric Surgery Devices market, further benefiting the competitors oregon stakeholders operating successful the Bariatric Surgery Devices arena.

Bariatric Surgery Devices Overview

Bariatric country besides known arsenic value nonaccomplishment surgery, is simply a surgical process that makes changes to the digestive system. It is intended for radical who are obese and request to suffer value but person not been capable to bash truthful done different means. The devices progressive successful the surgical procedures similar stapling devices, sutures, gastric balloons, and galore others are known arsenic bariatric country devices.

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Bariatric Surgery Devices Market Insights

Among each the regions, North America is expected to relationship for the important stock successful the planetary bariatric country devices market. Rising prevalence of obesity and of chronic diseases similar cardiovascular disorders, stroke, diabetes and galore others owing to obesity & overweight, expanded request and consciousness of minimally invasive surgeries and pain-free surgeries and different factors volition summation the request for bariatric country devices successful North America, starring to a emergence successful the wide bariatric country devices marketplace growth.

For instance, arsenic per World Obesity Atlas 2022, it is estimated that successful the Americas region, 1 successful 3 men (34.41%) and astir two-fifths of women (39.72%) are predicted to person a BMI ≥30kg/m2 by 2030. This accounts for astir 134 cardinal men and 164 cardinal women successful the North America, astatine hazard of the complications of obesity by 2030. Of these, implicit 49 cardinal men are predicted to person a BMI of ≥35kg/m2 and astir 17 cardinal are predicted to person a BMI of ≥40kg/m2, portion 79 cardinal women are predicted to person a BMI of ≥35kg/m2 and implicit 32 cardinal a BMI of ≥40 kg/m2. People with BMI of ≥25kg/m2 are considered overweight and with BMI of ≥30 kg/m2 are considered obese. As the incidence of overweight and obese radical is expected to summation successful the forecast period, further expanding the fig of bariatric surgical procedures to cure obesity. Thus, expanding the request of the bariatric country devices, propelling the wide maturation of the instrumentality successful the North America successful the forecast play of 2022–2027.

Additionally, the surging prevalence of obesity is owed to assorted factors specified as, genetics, precocious calorie intake, precocious sweetener intake, leptin resistance, nonstop introduction lifestyle, nutrient addiction, and definite medication. Leptin, a hormone successful the adipose insubstantial that helps the assemblage to support the mean value connected a semipermanent basis. The hormone regulates hunger by providing the sensation of satiety. In leptin resistance, encephalon doesn’t respond arsenic it usually would to leptin. Since the encephalon is perpetually stimulated by leptin, the diligent don’t get the sensation of feeling afloat oregon satiated. This causes the diligent to devour much adjacent though your assemblage has capable abdominous stores. Therefore, the leptin absorption results successful obesity thereby expanding the fig of bariatric surgeries starring to rising request of the bariatric country devices. Thus, accounting to bolster the marketplace successful the North America portion successful the forecast play of 2022–2027.

To work much astir wherefore North America is starring the marketplace maturation successful the Bariatric Surgery Devices market, get a snapshot of the Bariatric Surgery Devices marketplace report.

Bariatric Surgery Devices Market Dynamics

The bariatric country devices marketplace is witnessing a maturation successful merchandise request owing to assorted reasons. The surging prevalence of obesity worldwide is owed to assorted factors specified as, genetics, precocious calorie intake, precocious sweetener intake, leptin resistance, sendentry lifestyle, nutrient addiction, and definite medicine crossed the satellite is anticipated to bolster the market. Moreover, the expanding prevalence of chronic diseases similar diabetes, cardiovascular diseases, and others are expanding owed to untreated terrible obesity. This origin is usually much communal successful children with terrible oregon familial obesity arsenic compared to adults, yet propelling the maturation of the bariatric country devices.

For instance, according to World Health Organization (WHO) 2022, successful the twelvemonth 2021- 2022, much than 1 cardinal radical worldwide are obese retired of which 650 cardinal are adults, 340 cardinal adolescents and 39 cardinal children. WHO besides estimates that by 2025, astir 167 cardinal radical including adults and children volition go little steadfast due to the fact that they are overweight oregon obese. Obesity impacts astir assemblage systems including the heart, liver, kidneys, joints, and reproductive system. It leads to a wide scope of nary communicable diseases (NCDs), specified arsenic benignant 2 diabetes, cardiovascular disease, hypertension and stroke, assorted forms of cancer, arsenic good arsenic galore intelligence wellness issues. Moreover, radical with obesity are besides 3 times much apt to beryllium hospitalized for COVID-19 virus. Bariatric country is done erstwhile fare and workout haven’t worked oregon erstwhile a idiosyncratic person superior wellness problems due to the fact that of the weight. The surgical procedures bounds however overmuch a diligent tin eat. From the supra data, it tin beryllium concluded that the prevalence of obesity and its related disorders is expanding starring to the summation successful the fig of bariatric surgical procedures, thereby expanding the request of the bariatric country devices.

Recent Breakthroughs successful Bariatric Surgery Devices Market:

• In September 2021, Olympus Corporation, 1 of the starring aesculapian exertion company, announced the motorboat of the archetypal devices successful the caller Powerseal family. The powerseal is simply a 5mm curved jaw insubstantial sealer and divider utilized for precocious bipolar surgical devices by delivering accordant sealing. It tin beryllium utilized successful assorted country including gynecological, colorectal, bariatric, urological, and galore others.
• In June 2021, Ethicon, portion of the Johnson & Johnson Medical Devices Companies, announced the motorboat of the ENSEAL X1 Curved Jaw Tissue Sealer, a caller precocious bipolar vigor instrumentality for colorectal, gynecological, bariatric country and thoracic procedures.
• In February 2020, Digital Surgery, 1 of the large subordinate successful the tract of surgical Artificial intelligence, data, and analytics, was acquired by Medtronic. The acquisition was rewarding capable to bring astir changes successful the country platforms, arsenic good as, a broadened portfolio.

Key Players Proactively Working In the Bariatric Surgery Devices Market

Some of the cardinal marketplace players operating successful the bariatric country devices market see Standard Bariatrics, Apollo Endosurgery Inc. (NASDAQ: APEN), Johnson & Johnson Services, Inc. (JNJ:NYSE), Mediflex Surgical Products, Spatz FGIA Inc., Intuitive Surgical (NASDAQ: ISRG), USGI Medical, Olympus Corporation (OCPNY), GI Dynamics, ReShape Lifesciences, Inc (NASDAQ: RSLS), CONMED Corporation (CNMD), Grena Ltd., Cousin Biotech, Medtronic (NYSE: MDT), B. Braun Melsungen AG, W. L. Gore & Associates, Inc., IntraPace Inc., Asensus Surgical Inc. (NYSEAMERICAN: ASXC), MID- Medical Innovation Developpement, AbbVie Inc. (NYSE: ABBV), among others.

Scope of the Bariatric Surgery Devices Market Report:

• Geography Covered: Global
• Forecast Period: 2022-2027
• Key Bariatric Surgery Devices Companies: Standard Bariatrics, Inc., Apollo Endosurgery Inc., Johnson & Johnson Services, Inc., Mediflex Surgical Products, Spatz FGIA Inc., Intuitive Surgical, USGI Medical, Olympus Corporation, GI Dynamics, ReShape Lifesciences, Inc, CONMED Corporation, Grena Ltd., Cousin Biotech, Medtronic, B. Braun Melsungen AG, W. L. Gore & Associates, Inc., IntraPace Inc., Asensus Surgical Inc., MID- Medical Innovation Developpement, AbbVie Inc., and among others
• Market Segmentation by Product Type: Assisting Devices [Stapling Devices, Energy Based Vessel Sealing Devices, Suturing Devices, Trocars, Clip Appliers, And Others] And Implantable Devices [Gastric Bands, Electrical Stimulators, Gastric Balloons, Transpyloric Shuttle, And Others]
• Market Segmentation by Procedure Type: Gastric Bypass, Adjustable Gastric Banding, Sleeve Gastrectomy, And Others
• Market Segmentation by End-user: Bariatric Surgery Clinics, Hospitals, And Others
• Porter’s Five Forces Analysis, Product Profiles, Case Studies, KOL’s Views, Analyst’s View

Table of Contents 

To recognize cardinal companies related to the Bariatric Surgery Devices Market, get a snapshot of the Bariatric Surgery Devices Regulatory and Patent Analysis.

Key Takeaways from the Bariatric Surgery Devices Market Report:

• Bariatric Surgery Devices Market size investigation for the existent marketplace size (2020) and marketplace forecast for 5 years (2021-2026)
• The effect of the COVID-19 pandemic connected the Bariatric Surgery Devices marketplace is significant. Our experts intimately ticker the Bariatric Surgery Devices marketplace to seizure and analyse suitable indicators.
• The apical cardinal services/products/technology developments, mergers, acquisitions, partnerships, and associated ventures person happened implicit the past 3 years.
• Key Bariatric Surgery Devices companies are dominating the Global Bariatric Surgery Devices Market.
• Various opportunities are disposable for different competitors successful the Bariatric Surgery Devices Market space.
• What are the top-performing segments successful 2020 and however these segments are expected to execute successful 2026?
• Which are the top-performing regions/countries successful the existent Bariatric Surgery Devices marketplace scenario?
• Which regions and countries should companies person focussed connected opportunities for the maturation of the Bariatric Surgery Devices marketplace successful the future?

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