Bariatric Surgery Market

Mexico Bariatric Surgery Market by Device Types (Assisting Devices, Implantable Devices, and Others) – Industry Analysis, Growth, Share, Size, Trends, Covid-19 Impact, and Forecasts 2021-2028

  • Report ID: HC-3600
  • Author: Growth Market Reports
  • Rating: 4.8
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  • No. Of Pages: 176
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Mexico bariatric surgery market is expected to expand a considerable CAGR of 4.8% during the forecast period, 2021-2028. The growth of the market is attributed to increasing burden of chronic diseases such as heart diseases and diabetes.

Mexico Bariatric Surgery Market key takeaways

Bariatric surgery means the obesity surgery entails a number of operations that are carried out on fat persons. It's a hormonal procedure in which the technique's restriction and malabsorption cause a shift in gut hormones. About 90% of diabetic people are suffering from overweight. The rising prevalence of chronic illnesses such as diabetes & heart disease are major drivers of the market.

In long-term studies of this disease treatment leads to considerable long-term weight loss, improvements in cardiovascular risk factors, diabetes recovery, and mortality reduction of 40% to 23%. This treatment is used when the patients failed to lose weight by using several other treatments. Various devices are used for the bariatric surgery treatment such as closure devices, assisting devices, implantable devices, and others. This is major treatment procedures for treating obesity. The rise of the bariatric surgery devices market may be attributable to new product releases, medical device advancements, and increased demand for obesity control operations. The amount of bariatric surgical treatments has increased dramatically since the introduction of laparoscopic surgery.

Market Trends, Drivers, Restraints, and Opportunities

  • Number of obese patients is increasing thus; it is projected to drive the Mexico bariatric surgery market during forecast period.
  • Increased number of diabetes cases is likely to increase obesity, which is estimated to propel the demand of bariatric surgery market in Mexico.
  • Bariatric surgery is majorly used for treating obesity and it is last option for those patients failed to lose weight by others treatment, this is estimated to fuel the market.
  • High cost of the bariatric surgery is projected to hamper the market growth.
  • Improper closing of the incisions post-surgery by closure devices and others can cause a hernia, which restrains the market growth.
  • Rising organized crime, corruption, and inefficiency in government, is projected to hamper the market growth.
  • Bariatric surgery is one of the safest and most reliable ways to treat obesity-related morbidity, and closure devices are an important part of the surgical technique, fast and more effective production of this devices are anticipated to create lucrative opportunities for the market players.

Scope of the Report

The report on the Mexico bariatric surgery 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

Mexico Bariatric Surgery Market - Industry Analysis, Growth, Trends, and Forecasts

Base Year

2020

Historic Data

2018-2019

Forecast Period

2021-2028

Segmentation

Device Type (Assisting Devices, Implantable Devices, and Others)

Country Scope

Mexico

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Boston Scientific Corporation.; Apollo Endosurgery Inc.; Johnsons & Johnson.; Medtronic Plc.; Olympus Corporation

 

Market Segment Insights

The closure device segment is expected to grow at a rapid pace

Based on device types, the Mexico bariatric surgery market is divided into assisting devices, implantable devices, closure devices, and others. The closure device segment is expected to grow at a rapid pace during the forecast owning to highly used closure devices in bariatric surgery due to considerable cases of obesity. Closure device in bariatric procedures is used to reconnect tissue as well as close incisions produced using trocars.

According to the organization for economic cooperation and development, Mexico is the second most obese country in the world, with a 39% rise is anticipated during forecast period. Bariatric surgery is viewed as one of the safest and most reliable ways to treat obesity-related morbidity, and closure devices are an important part of the surgical technique. A hernia might develop if the wounds are not properly closed after surgery.

Mexico Bariatric Surgery Market by device types

Mexico is anticipated to constitute a key market share

According to the international diabetes federation, in 2020, about 12,805,200 cases of diabetes were found. By World Health Organization, about 90% of diabetic people suffer from overweight problems. As a result, increasing number of diabetes cases are predicted to increase obesity, which drives the demand for bariatric surgery in Mexico. Poor diets, excessive sugar consumption, and a lack of physical activity all contribute to obesity.

Segments

The Mexico bariatric surgery market has been segmented on the basis of

Device Type

  • Assisting Devices
  • Implantable Devices
  • Others
Country
  • Mexico
Key Players
  • Boston Scientific Corporation
  • Apollo Endosurgery Inc.
  • Johnsons & Johnson
  • Medtronic Plc
  • Olympus Corporation

Competitive Landscape

Key players competing in the Mexico bariatric surgery market include Boston Scientific Corporation.; Apollo Endosurgery Inc.; Johnsons & Johnson.; Medtronic Plc.; Olympus Corporation.; ReShape Lifescience Inc.; Aspire Bariatrics.; and the Cooper Companies. Some of the key players are constantly implementing several marketing strategies such as merge & acquisitions, capital investments, partnerships, and new product development for bariatric surgery diseases.

Mexico Bariatric Surgery Market by key players

1. Executive Summary
2. 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)
     11.4.1. Boston Scientific Corporation
     11.4.2. Apollo Endosurgery Inc.
     11.4.3. Johnsons & Johnson
     11.4.4. Medtronic Plc
     11.4.5. Olympus Corporation

The Mexico bariatric surgery market has been segmented on the basis of

Device Type

  • Assisting Devices
  • Implantable Devices
  • Others
Country
  • Mexico
Key Players
  • Boston Scientific Corporation
  • Apollo Endosurgery Inc.
  • Johnsons & Johnson
  • Medtronic Plc
  • Olympus Corporation

Key players competing in the Mexico bariatric surgery market include Boston Scientific Corporation.; Apollo Endosurgery Inc.; Johnsons & Johnson.; Medtronic Plc.; Olympus Corporation.; ReShape Lifescience Inc.; Aspire Bariatrics.; and the Cooper Companies. Some of the key players are constantly implementing several marketing strategies such as merge & acquisitions, capital investments, partnerships, and new product development for bariatric surgery diseases.

Mexico Bariatric Surgery Market by key players

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