Bariatric Surgery Devices Market – ****** Industry Insights, Outlook and Opportunity Analysis, 2018-2026

Bariatric surgery, also known as weight loss surgery, is a class of bariatrics, which refers to a minimally- invasive surgical procedure performed on people suffering from obesity. Bariatric surgery aims to reduce the weight of an individual with the help of a surgery that reduces the size of stomach by removing a portion of tissues or fats of the stomach. The National Institutes of Health in the U.S. suggests a person to undergo bariatric surgery depending on the BMI of the individual. Bariatric surgery is recommended to individuals with a minimum BMI of 40 whereas, people with specific serious coexisting medical conditions such as diabetes can also undergo bariatric surgery with a BMI of 35.

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According to World Health Organization, the worldwide obesity has more than doubled since 1980. The key facts suggests that in 2014, over 1.9 billion adults were reported to be overweight, out of which 600 million were reported obese. This trend was observed to persist even in children under the age group of 5 years, wherein 41 million children were found to be overweight. This has predominantly increased the rates at which people are undergoing bariatric surgery, thereby elevating the bariatric surgery devices market. In addition to this, precaution and preventive measures undertaken by people has resulted in rise of overall expenditure on weight loss which in turn promotes the ****** sales of bariatric surgery devices. Moreover, the regional governments taking initiatives regarding weight assessment and obesity related issues are also positively influencing the bariatric surgery devices market.

Adjustable gastric bands to capture highest sales in the bariatric surgery devices market

Based on the devices, the market can be segmented as:

  1. Adjustable gastric bands
  2. Intra- gastric balloons
  3. Implantable gastric stimulators
  4. Gastric surgery clamps
  5. Surgical staples
  6. Others (Clip appliers, Endo stitch, Trocars)

On the basis surgery, the market can be segmented as:

  1. Adjustable gastric bands (AGB)
  2. Vertical sleeve gastrectomy (VSG)
  3. Roux-en-Y Gastric Bypass (RYGB)
  4. Biliopancreatic Diversion with duodenal switch (BPD- DS)

North America to contribute a highest share in the bariatric surgery devices market

North America was reported to be the largest regional contributor to the bariatric surgery devices market in 2014, followed by the Europe. This is mainly attributed to high rates of obesity in the U.S. and active government involvement and support to expand research in the field that is undertaken by various companies manufacturing bariatric surgery devices. For instance, the German federal ministry has formed a funded research program called as the Competence Network Obesity and Integrated Research at about USD 26 Million for the years 2012-2015. Government initiatives such as accessibility to the patient population and distribution of early care strategies and community guide in order to control and treat obesity in the American and the European countries are playing a pivotal role in the growth of bariatric surgery devices market. On the other hand, Asia Pacific is the fastest growing potential market for bariatric surgery devices. This is mainly due to rapidly increasing inclination of the populace towards fast food, in turn increasing prevalence of obesity.

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Allergen, Covidien, Ethicon, Olympus, Medtronic Inc. collaboratively dominating the bariatric surgery devices market

The major players in this market are

  • Allergan Inc.,
  • Cousin Biotech,
  • Covidien PLC,
  • Endogastric Solutions Inc.,
  • EntroMedics Inc,
  • GI Dynamics Inc,
  • Intuitive Surgical Inc.,
  • Johnson and Johnson,
  • Olympus,
  • Pare Surgical,
  • ReShape Medical Inc.,
  • Spatz FGIA Inc.,
  • Transenterix Inc.
  • Allergen,
  • Covidien,
  • Ethicon,
  • Olympus,
  • Medtronic Inc.

These are the market leaders. Devices for sleeve gastrectomy launched by Medtronic has indicated expansion of the bariatric surgery devices market. The regional governments are also involved in assisting the manufacturers by providing the companies with a certain capital that can be useful for market expansion.

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