Sweden Bariatric Surgery Market

The Sweden bariatric surgery market size is estimated to register a substantial CAGR during the forecast period, 2021-2028. The growth of market is attributed to rising stationary lifestyle in people or lack of physical movement/activities elevating the risk of chronic diseases cardiovascular (CVD), diabetes and so on.

Increasing obesity population within the country as wide ranges of disease are associated with it which also becomes the cause of mortality. Substantial amount of healthcare, unusual death are some of the symptoms found with the people suffering from obesity which increase the demand for bariatric surgery.

According to the public health agency of Sweden, the adoption of sedentary lifestyle among the people of the country is recorded approximately 12%-14% and the primary reason behind is physical inactivity among the population.

Due to unavailability of specialized surgeon in bariatric surgical techniques and an absence of established facility is estimated to boost the demand for the surgeries in the market. Prevention for the risk, associated with heavy or over-weight, and less incisive methods are another reason for the market to boom in the coming years.

Also favorable regional government initiative and support is one of the key factors driving the bariatric surgery market within the country.

Furthermore, development of new enhanced technologies within the segment and growing demand for the invasive surgical process is anticipated to impel the market during the projected year.

Market Trends, Drivers, Restraints, and Opportunities

• Increasing sedentary lifestyle and physical inactivity is estimated to propel the market during the forecast period.
• Growing number of chronic disease such as diabetes and CVD is expected to boost the market in the coming years.
• Rising demand for surgeries to eliminate the risk factor that involves with obesity and less incisive procedures is anticipated to impel the market during the forecast period.
• Increasing number of people suffering from organ failure and growing road accidents is expected to drive the market in coming years.
• R&D and technological advancement in bariatric surgery segment and adoption of surgeries in developing markets offers immense opportunities for the key player of the market during the forecast period.
• High scarcity of organ donor is on the critical factor that can fuel the market during the projected period.
• High price involved in surgical process act as a factor that can hinder the market growth during the projected period.

Scope of the market

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

Market segment insights

The suturing device is expected to hold major share of the market

On the basis of devices, the market is categorized into assisting devices, implantable devices, and others. The assisting devices segment is further segregated into trocars, stapling devices, closuring devices, suturing devices, and others. The implantable devices segment is sub-segregated into electrical stimulation devices, gastric bands, gastric balloons, and gastric emptying. The suturing device segment is expected to hold major share of the market during the forecast period due to growing burden of obesity, device is used in wide range of application such as bowel resection, gastric bypass, and more, along with increasing rate of mortality and morbidity the suturing device plays a very important role in propelling the market. However, the stapling devices segment is estimated to grow at a rapid pace owing to the greater and more effective fat loss among the sufferers accompanied with reducing the health problem which are co-related with obesity. 

Segments

Segments Covered in the Report
Sweden bariatric surgery market has been segmented on the basis of
Devices

• Assisting Devices
  • Trocars
  • Stapling Devices
  • Closuring Devices
  • Suturing Devices
  • Other Assisting Devices
• Implantable Devices
  • Electrical Stimulations Devices
  • Gastric Bands
  • Gastric Balloons
  • Gastric Emptying
• Others

Country

• Sweden

Key Players

• Apollo Endosurgery Inc
• Medtronic PLC (Covidien PLC)
• ReShape Lifesciences Inc
• Nordic Gastric Balloons
• Olympus Corporation

Competitive Landscape

Key players competing in the Sweden bariatric surgery market include Apollo Endosurgery Inc; Medtronic PLC (Covidien PLC); ReShape Lifesciences Inc; Nordic Gastric Balloons; Olympus Corporation.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.