Italy Bariatric Surgery Market Opportunities, Industry 2031
Italy Bariatric Surgery Market Opportunities, Industry 2031
Segments - Italy Bariatric Surgery Market by Devices (Implantable Devices [Electrical Stimulation Devices, Gastric Bands, Gastric Emptying, and Gastric Balloon], Assisting Devices [Stapling Devices, Suturing Devices, Trocars, Closuring Devices, and Others], and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
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| Report ID :HC-2871
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| 215 Pages
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Report Description
The Italy bariatric surgery market size is expected to register a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to growing number of obese population.
Bariatric surgery is also referred to a weight loss surgery, which includes a variety of procedures performed on people who are obese or over-weight. The surgery involves long-term weight loss through standard care procedures by altering gut hormone levels in the body. The gut hormone is responsible for hunger and satiety that is responsible to set hormonal weight point. The bariatric surgical procedures cause significant long-term loss of weight, recovery from diabetes, improvement in cardiovascular risk factors, and a mortality reduction to a significant degree.
The weight loss surgery in adults is associated with relatively larger risks and complications as compared to other treatments for obesity. Internal bleeding, small bowel obstruction, gastrointestinal ulcers, gastric band slippage, and hernias are some other factors that restrict the preference for surgery. However, the rate of complications can be reduced when the surgical procedures are performed by an experienced surgeon using dedicated or experienced units.
The COVID-19 pandemic has affected almost every industry including the healthcare industry. The high risk of developing serious illness due to coronavirus disease has made it challenging for several other healthcare problems. The outbreak of coronavirus resulted into nationwide lockdowns that disrupted the supply of healthcare facilities and manufacturing of surgical devices. The stringent regulations and slowdown in economy hampered the growth of the bariatric surgery market.
Market Trends, Drivers, Restraints, and Opportunities
- Rapid change in lifestyle habits, excessive intake of calories, increasing disposable income, technological advancements, supportive government policies, and huge healthcare spending are likely to increase the demand for bariatric surgical trials and manufacturing of surgical devices.
- Increasing prevalence of chronic diseases and diabetes is anticipated to drive the market growth during the forecast period.
- Rising number of FDA approvals for bariatric surgery devices and increasing technological advancements in the bariatric surgery devices are major factors spurring the market growth in the coming years.
- High cost associated with the surgical treatments is expected to hamper the growth of market during the forecast period.
- Increasing disposable income, rising government funding for bariatric surgery, and growing investments for developing advanced bariatric surgery devices anticipated to create lucrative opportunities for the market in the coming years.
Scope of the Report
The report on the Italy bariatric surgery market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Italy Bariatric Surgery Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Devices (Implantable Devices [Electrical Stimulation Devices, Gastric Bands, Gastric Emptying, and Gastric Balloon] and Assisting Devices [Stapling Devices, Suturing Devices, Trocars, Closuring Devices, and Others], and Others) |
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Country |
Italy |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
GEM SRL; Olympus Corporation; Apollo Endosurgery Inc.; Medtronic Plc; and Johnson & Johnson |
Italy Bariatric Surgery Machinery Market Segment Insight
Assisting segment is anticipated to register at a significant CAGR
On the basis of devices, the market is segmented implantable devices, assisting devices, and others. The implantable devices segment is further fragmented into electrical stimulation devices, gastric bands, gastric emptying, and gastric balloon. The assisting devices segment is divided into stapling devices, suturing devices, trocars, closuring devices, and others. The closuring devices sub-segment is anticipated to register a significant CAGR during the forecast period owing to the rising cases of diabetes and cardiovascular diseases. Moreover, the increasing adoption of the sedentary lifestyle is expected to increase number of cases related to diabetes and obesity, which is further expected to fuel the growth of the market segment in the coming years.
The implantable devices segment is projected to boost the growth of the market segment during the projected period due to rising demand for surgical procedures that involve the fixing or removal of implantable medical devices. The increase in the number of age-related diseases has further increased the demand for various life prolonging medical aids, such as new treatments, prostheses, implants, and long-term pharmaceutical usage.
Segments
The Italy bariatric surgery market is segmented on the basis of:
Devices
- Implantable Devices
- Electrical Stimulation Devices
- Gastric Bands
- Gastric Emptying
- Gastric Balloon
- Assisting Devices
- Stapling Devices
- Suturing Devices
- Trocars
- Closuring Devices
- Others
- Others
Country
- Italy
Key Players
- GEM SRL
- Olympus Corporation
- Apollo Endosurgery Inc.
- Medtronic Plc
- Johnson & Johnson
Competitive Landscape
The key players competing in the Italy bariatric surgery market are GEM SRL; Olympus Corporation; Apollo Endosurgery Inc.; Medtronic Plc; and Johnson & Johnson. Some of these players are focusing on growing their presence in the market through initiatives such as mergers, acquisitions, partnerships and product development to increase their market share.
In November 2021, GEM SRL highlighted products for minimal-invasive surgery at the MEDICA 2021 trade fair held at Düsseldorf, Germany. The product provided excellent cosmetic results, reducing trauma, and inflammation. The fluidity of the product allowed a controlled release of the glue even in difficult to treat areas.
In November 2021, Medtronic Plc planned to set up a global research & development center involving an investment of around USD 159 million in Hyderabad, India. The initiative facilitated the research work for medical products to treat over 70 health conditions that include cardiac devices, cranial & spine robotics, surgical tools, insulin pumps, patient monitoring systems, and others.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Bariatric Surgery 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 Surgery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bariatric Surgery Market - Supply Chain
4.5. Global Bariatric Surgery Market Forecast
4.5.1. Bariatric Surgery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bariatric Surgery Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Bariatric Surgery Market Absolute $ Opportunity
5. Global Bariatric Surgery Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Bariatric Surgery Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Bariatric Surgery Demand Share Forecast, 2019-2026
6. North America Bariatric Surgery Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Bariatric Surgery Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Bariatric Surgery Demand Share Forecast, 2019-2026
7. Latin America Bariatric Surgery Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Bariatric Surgery Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Bariatric Surgery Demand Share Forecast, 2019-2026
8. Europe Bariatric Surgery 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
8.1.3. Europe Average Pricing Analysis
8.2. Europe Bariatric Surgery Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Bariatric Surgery Demand Share Forecast, 2019-2026
9. Asia Pacific Bariatric Surgery 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. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Bariatric Surgery Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Bariatric Surgery Demand Share Forecast, 2019-2026
10. Middle East & Africa Bariatric Surgery 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. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Bariatric Surgery Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Bariatric Surgery Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Bariatric Surgery Market: Market Share Analysis
11.2. Bariatric Surgery Distributors and Customers
11.3. Bariatric Surgery Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
Methodology
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