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Bariatric Devices Market Share, Opportunities, Trends 2031

Global Bariatric Devices Market

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Segments - by Types (Calorie Intake, Hereditary, Disease or Disorders, and Others), Applications (Bariatric Surgery Clinics, Hospitals and Ambulatory Surgical Centers), and Regions (Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Raksha Sharma

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Report Description

Global Bariatric Devices Market Outlook 2031

The global bariatric devices market size was USD 1.90 Billion in 2022 and is projected to reach USD 3.05 Billion by 2031 expand at a substantial CAGR 5.4% during the forecast period, 2023–2031. The growth of the market is attributed to the rising lifestyle illnesses like obesity, diabetes, cardiovascular disease, etc. The surgical equipment used to perform bariatric treatments for weight loss is referred to as bariatric surgery devices.

These operations reduce the stomach's capability to retain food, resulting in nutrition malabsorption. The generation of gut hormones is aided by bariatric surgery devices, which suppress appetite. Stapling devices, vessel sealing devices, suturing devices, trocars, adjustable gastric bands, gastric balloons, electrical stimulators, and other devices are among them.

The widespread availability of minimally invasive surgical equipment has aided physicians in their efforts to reduce surgery-related morbidity. The major goal of deploying these devices is to eliminate the necessity for surgical incisions, hence reducing the risk of problems connected to post-operative trauma. Many patients have been unable to have bariatric surgery as a result of the global spread of the new coronavirus, which was followed by lockdown regimens.

During the continuing epidemic, with most doctors preoccupied with the nonstop treatment of corona patients, the only treatments accessible to patients in public hospitals were oncological and surgical emergency operations. Because of the unavailability and demand of the scenario, people suffering from morbid obesity have been placed on wait several times.

According to the American Heart Association, overall medical costs would rise to USD 957 billion by 2030, up from USD 861 billion now. The government has been worried by the high cost of healthcare and has taken steps to lower the incidence of obesity and the long-term chronic illnesses associated with it. Ethicon, a Johnson & Johnson company, committed approximately USD 3.2 million in June 2015 to research the effects of bariatric surgery on Type 2 diabetes and obesity. In addition, the business released three new endocutter and energy items to help with bariatric surgery treatments.

Global Bariatric Devices Market Trends, Drivers, Restraints, and Opportunities

The increasing prevalence of sedentary consumer lives, along with bad eating habits is estimated to boost the market expansion in the coming years.
Growing government assistance and increased knowledge about unhealthy foods and beverages available on the market, as well as their impact on BMI, are expected to propel market growth during the forecast period.
Increased product recalls and the expense of doing these bariatric procedures is expected to hinder the market growth.
R&D investment and technological advancement such as surgical robots are anticipated to create lucrative opportunities for the market players.

Scope of the Global Bariatric Devices Market Report

The report on the global bariatric devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Bariatric Devices Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Calorie Intake, Hereditary, Disease or Disorders, and Others) and Applications (Bariatric Surgery Clinics, Hospitals and Ambulatory Surgical Centers)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Medtronic, Allergan, Enteromedics, GelesisAllergan, Aspire Bariatrics, Cousin Biotech, Covidien, Endogastric Solutions, Bariatric Solution, and Apollo Endosrugery

Bariatric Devices Market Segment Insights

The disease or disorders segment is projected to account for a key market share

In terms of types, the global bariatric devices market is segmented into calorie intake, hereditary, disease or disorders, and others. The disease or disorders segment is expected to account for a key share of the market during the forecast period due to rising health problems found among people, especially during the COVID-19 pandemic. On the other hand, the calorie intake segment is anticipated to expand at a rapid pace during the forecast period.

The Bariatric surgery clinics segment is anticipated to expand at a substantial/rapid CAGR

On the basis of applications, the global bariatric devices market is divided into bariatric surgery clinics, hospitals and ambulatory surgical centers. The bariatric surgery clinics segment is expected to account for a key share of the market in the coming years) owing to the rising concerns with obese people around the globe and other health-related problems.

North America is expected to dominate the market

On the basis of regions, the global bariatric devices market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America is anticipated to expand at an impressive CAGR during the forecast period. The regional market growth can be attributed to high obesity prevalence and considerable government-supported financing.

On the other hand, the market of Europe is expected to exhibit a rapid growth rate in the coming years owing to the rise of unhealthy lifestyle illnesses. Furthermore, due to the large obese population and increasing medical tourism due to surgery conducted at low rates, Asia Pacific is the fastest-growing market with a CAGR of over 10.5%.

Segments

The global bariatric devices market has been segmented on the basis of

Types

Calorie Intake
Hereditary
Disease or Disorders
Others

Applications

Bariatric Surgery Clinics
Hospitals and Ambulatory Surgical Centers

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Medtronic
Allergan
Enteromedics
GelesisAllergan
Aspire Bariatrics
Cousin Biotech
Covidien
Endogastric Solutions
Bariatric Solution
Apollo Endosrugery

Competitive Landscape

Key players competing in the global bariatric devices market include Medtronic, Allergan, Enteromedics, GelesisAllergan, Aspire Bariatrics, Cousin Biotech, Covidien, Endogastric Solutions, Bariatric Solution, and Apollo Endosrugery.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bariatric Devices Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Bariatric Devices Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Bariatric Devices Market - Supply Chain
  4.5. Global Bariatric Devices Market Forecast
     4.5.1. Bariatric Devices Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Bariatric Devices Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Bariatric Devices Market Absolute $ Opportunity
5. Global Bariatric Devices Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Bariatric Devices Market Size and Volume Forecast by Types
     5.3.1. Calorie Intake
     5.3.2. Hereditary
     5.3.3. Disease or Disorders
     5.3.4. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Bariatric Devices Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Bariatric Devices Market Size and Volume Forecast by Applications
     6.3.1. Bariatric Surgery Clinics
     6.3.2. Hospitals and Ambulatory Surgical Centers
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Bariatric Devices Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Bariatric Devices Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Bariatric Devices Demand Share Forecast, 2019-2026
8. North America Bariatric Devices Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Bariatric Devices Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Bariatric Devices Market Size and Volume Forecast by Types
     8.4.1. Calorie Intake
     8.4.2. Hereditary
     8.4.3. Disease or Disorders
     8.4.4. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Bariatric Devices Market Size and Volume Forecast by Applications
     8.7.1. Bariatric Surgery Clinics
     8.7.2. Hospitals and Ambulatory Surgical Centers
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Bariatric Devices Demand Share Forecast, 2019-2026
9. Latin America Bariatric Devices Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Bariatric Devices Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Bariatric Devices Market Size and Volume Forecast by Types
     9.4.1. Calorie Intake
     9.4.2. Hereditary
     9.4.3. Disease or Disorders
     9.4.4. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Bariatric Devices Market Size and Volume Forecast by Applications
     9.7.1. Bariatric Surgery Clinics
     9.7.2. Hospitals and Ambulatory Surgical Centers
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Bariatric Devices Demand Share Forecast, 2019-2026
10. Europe Bariatric Devices Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Bariatric Devices Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Bariatric Devices Market Size and Volume Forecast by Types
     10.4.1. Calorie Intake
     10.4.2. Hereditary
     10.4.3. Disease or Disorders
     10.4.4. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Bariatric Devices Market Size and Volume Forecast by Applications
     10.7.1. Bariatric Surgery Clinics
     10.7.2. Hospitals and Ambulatory Surgical Centers
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Bariatric Devices Demand Share Forecast, 2019-2026
11. Asia Pacific Bariatric Devices Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Bariatric Devices Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Bariatric Devices Market Size and Volume Forecast by Types
     11.4.1. Calorie Intake
     11.4.2. Hereditary
     11.4.3. Disease or Disorders
     11.4.4. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Bariatric Devices Market Size and Volume Forecast by Applications
     11.7.1. Bariatric Surgery Clinics
     11.7.2. Hospitals and Ambulatory Surgical Centers
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Bariatric Devices Demand Share Forecast, 2019-2026
12. Middle East & Africa Bariatric Devices Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Bariatric Devices Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Bariatric Devices Market Size and Volume Forecast by Types
     12.4.1. Calorie Intake
     12.4.2. Hereditary
     12.4.3. Disease or Disorders
     12.4.4. Others
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Bariatric Devices Market Size and Volume Forecast by Applications
     12.7.1. Bariatric Surgery Clinics
     12.7.2. Hospitals and Ambulatory Surgical Centers
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Bariatric Devices Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Bariatric Devices Market: Market Share Analysis
  13.2. Bariatric Devices Distributors and Customers
  13.3. Bariatric Devices Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Medtronic
     13.4.2. Allergan
     13.4.3. Enteromedics
     13.4.4. GelesisAllergan
     13.4.5. Aspire Bariatrics
     13.4.6. Cousin Biotech
     13.4.7. Covidien

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