Search for a report

GLOBAL BARIATRIC SURGERY MARKET FORECAST 2019-2028

  • You are here:
  • Home
  • Downloads
  • GLOBAL BARIATRIC SURGERY MARKET FORECAST 2019-2028

GLOBAL BARIATRIC SURGERY MARKET FORECAST 2019-2028

The global bariatric surgery market is projected to evolve at a CAGR of 9.56% between 2019 and 2028, and is anticipated to generate revenue of $4.97 billion by 2028. Bariatric surgery or weight loss surgery is used as one of the major treatment procedures for treating obesity. During bariatric surgery, the size of the stomach is reduced by either removing some parts of the stomach or by using a gastric band. The important drivers influencing the global bariatric surgery market are the growing incidence of Type 2 diabetes and heart diseases, and the rising burden of obesity.

GLOBAL BARIATRIC SURGERY MARKET FORECAST 2019-2028

Global Bariatric Surgery Market by Device (Assisting Device (Closure Device, Suturing Device, Trocars, Stapling Device, Other Assisting Devices), Implantable Device (Gastric Balloon, Gastric Band, Electrical Stimulation Device, Gastric Emptying), Other Devices) and by Geography.

Request free sample

The global bariatric surgery market is projected to evolve at a CAGR of 9.56% between 2019 and 2028, and is anticipated to generate revenue of $4.97 billion by 2028. Bariatric surgery or weight loss surgery is used as one of the major treatment procedures for treating obesity. During bariatric surgery, the size of the stomach is reduced by either removing some parts of the stomach or by using a gastric band.

The factors boosting the global bariatric surgery market growth are:

  • Growing incidence of Type 2 diabetes and heart diseases
  • The rising burden of obesity
  • A surge in government initiatives

Global Bariatric Surgery Market

To learn more about this report, request a free sample copy

The important drivers influencing the global bariatric surgery market are the growing incidence of Type 2 diabetes and heart diseases, and the rising burden of obesity. According to the Centers for Disease Control and Prevention (CDC), in 2018, more than 34 million Americans were suffering from diabetes (about 1 in 10), and approximately 90-95% of them had Type 2 diabetes. Statistics of the Centers for Disease Control and Prevention showed a significant increase in the prevalence of obesity among adults aged 20 years and over. The occurrence rate of obesity augmented, from 37.7% to 42.4%, and the incidence of severe obesity enlarged from 7.7% to 9.2% between 2013 and 2018.

In 2019, the majority of the revenue share was captured by the assisting device segment in the global bariatric market by device, and is also anticipated to be the fastest-growing device, during the forecast period. The assisting device comprises of the closure device, suturing device, trocars, stapling device, and other assisting devices. These devices assist in performing geriatric surgeries. For instance, suturing devices are used to hold the body tissues together after an injury or surgery. The closure device is used for recoupling the tissues during surgical measures, as well as for concluding incisions made by trocars. Suturing devices include medical devices that are used for treating obesity and gastrointestinal defects. Trocars serve as the gateways that allow minimally invasive instruments to pass.

Lack of awareness in the developing and underdeveloped countries, and high costs associated with the bariatric surgeries are the major factors hindering bariatric surgery market growth. The burden of bariatric surgical conditions and diseases is increasing in low-income and middle-income countries, but the population lacks access to basic surgical care due to a lack of awareness in these countries. The expenses involved in bariatric surgeries are hindering market growth. Bariatric surgeries enable obese patients to lose excess weight.

The report on the global bariatric surgery market includes the segmentation analysis of device.

Device is segmented into:

  • Assisting device
    • Closure device
    • Suturing device
    • Trocars
    • Stapling device
    • Other assisting devices
  • Implantable device
    • Gastric balloon
    • Gastric band
    • Electrical stimulation device
    • Gastric emptying
  • Other devices

Geographically, the global bariatric surgery market has been segmented on the basis of four major regions, which includes:

  • North America: the United States and Canada
  • Europe: Germany, France, Italy, Russia, Poland Belgium, the United Kingdom, and Rest of Europe
  • Asia Pacific: China, Thailand, Japan, South Korea, India, Vietnam, Indonesia, Australia & New Zealand, and Rest of Asia Pacific
  • Rest of World: Latin America, the Middle East & Africa

North America dominated the global market in 2019, and is expected to hold the largest revenue share by 2028, while the Asia Pacific is projected to grow at a fast pace during the forecast period. According to the Centers for Disease Control and Prevention (CDC) data in 2019, has estimated that around 39.8% of American adults are found to be obese. Therefore, as obesity increases, there is an increasing number of bariatric surgeries being performed every year.

Obesity has become an epidemic in developing countries, including China. In India, obesity is one of the most neglected public health problems. Moreover, childhood obesity is also one of the most serious public health problems being faced. The rise in obesity in Australia and New Zealand has been ascribed to poor eating behaviors in the country closely associated with the availability of sedentary lifestyles, fast food, and a reduction in the labor workforce.

The well-established market players of the global bariatric surgery market include:

  • Abbott Laboratories
  • Braun MELsungen AG
  • CONMED Corporation
  • Johnson & Johnson (Ethicon Inc)
  • Medtronic PLC
  • Others

Key strategies adopted by some of the bariatric surgery companies are:

In February 2020, Insulet and Abbott partnered to assimilate automated insulin delivery technologies and next-generation glucose sensing for seamless diabetes care. Also, in March 2020, Lupin Limited launched authorized generic for Horizon Therapeutics PLC’s Vimovo (esomeprazole/naproxen magnesium) delayed-release tablets, 500 mg/20 mg and 375 mg/20 mg in the U.S.

Key findings of the global bariatric surgery market are:

  • FDA nod to critical surgeries and medical devices is one of the most important factors driving the market.
  • Rising medical tourism in emerging countries is boosting the market
  • Closure devices were the highest revenue-generating assisting devices in 2019.
  • The gastric balloon is the fastest-growing implantable device during the forecast period.
  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • MARKET DEFINITION
    •    KEY DRIVERS
      • GROWING INCIDENCE OF TYPE 2 DIABETES AND HEART DISEASES
      • RISING BURDEN OF OBESITY
      • SURGE IN THE GOVERNMENT INITIATIVES
    •    KEY RESTRAINTS
      • LACK OF AWARENESS IN THE DEVELOPING AND UNDERDEVELOPED COUNTRIES
      • HIGH COSTS ASSOCIATED WITH THE BARIATRIC SURGERIES
  1. KEY ANALYTICS
    •    PORTER’S FIVE FORCE ANALYSIS
      • THREAT OF NEW ENTRY
      • THREAT OF SUBSTITUTION
      • BUYER’S POWER
      • SUPPLIER’S POWER
      • COMPETITIVE RIVALRY
    • VALUE CHAIN ANALYSIS
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • KEY INVESTMENT INSIGHT
  2. MARKET BY DEVICE
    •    ASSISTING DEVICE
      • CLOSURE DEVICE
      • SUTURING DEVICE
      • TROCARS
      • STAPLING DEVICE
      • OTHER ASSISTING DEVICES
    •    IMPLANTABLE DEVICE
      • GASTRIC BALLOON
      • GASTRIC BAND
      • ELECTRICAL STIMULATION DEVICE
      • GASTRIC EMPTYING
    • OTHER DEVICES
  3. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • THE UNITED STATES
      • CANADA
    •    EUROPE
      • GERMANY
      • FRANCE
      • THE UNITED KINGDOM
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
    •    ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • AUSTRALIA & NEW ZEALAND
      • SOUTH KOREA
      • THAILAND
      • INDONESIA
      • VIETNAM
      • REST OF ASIA PACIFIC
    •    REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA
  1. COMPANY PROFILES
    • ABBOTT LABORATORIES
    • ALLERGAN INC
    • APOLLO ENDOSURGERY INC
    • ASPIRE BARIATRICS INC
    • BRAUN MELSUNGEN AG
    • CONMED CORPORATION
    • GE HEALTHCARE
    • INTUITIVE SURGICAL INC
    • JOHNSON AND JOHNSON (ETHICON INC)
    • LUPIN LIMITED
    • MEDTRONIC PLC
    • OLYMPUS CORPORATION
    • RESHAPE LIFESCIENCES
    • THE COOPER COMPANIES

TABLE LIST

TABLE 1: MARKET SNAPSHOT – BARIATRIC SURGERY

TABLE 2: GLOBAL BARIATRIC SURGERY MARKET, BY DEVICE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 3: GLOBAL BARIATRIC SURGERY MARKET, BY DEVICE, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 4: GLOBAL ASSISTING DEVICE MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 5: GLOBAL ASSISTING DEVICE MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 6: GLOBAL ASSISTING DEVICE MARKET, BY TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 7: GLOBAL ASSISTING DEVICE MARKET, BY TYPE, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 8: GLOBAL ASSISTING DEVICE MARKET, BY CLOSURE DEVICE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 9: GLOBAL ASSISTING DEVICE MARKET, BY CLOSURE DEVICE, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 10: GLOBAL ASSISTING DEVICE MARKET, BY SUTURING DEVICE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 11: GLOBAL ASSISTING DEVICE MARKET, BY SUTURING DEVICE, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 12: GLOBAL ASSISTING DEVICE MARKET, BY TROCARS, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 13: GLOBAL ASSISTING DEVICE MARKET, BY TROCARS, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 14: GLOBAL ASSISTING DEVICE MARKET, BY STAPLING DEVICE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 15: GLOBAL ASSISTING DEVICE MARKET, BY STAPLING DEVICE, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 16: GLOBAL ASSISTING DEVICE MARKET, BY OTHER ASSISTING DEVICES, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 17: GLOBAL ASSISTING DEVICE MARKET, BY OTHER ASSISTING DEVICES, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 18: GLOBAL IMPLANTABLE DEVICE MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 19: GLOBAL IMPLANTABLE DEVICE MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 20: GLOBAL IMPLANTABLE DEVICE MARKET, BY TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 21: GLOBAL IMPLANTABLE DEVICE MARKET, BY TYPE, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 22: GLOBAL GASTRIC BALLOON MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 23: GLOBAL GASTRIC BALLOON MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 24: GLOBAL GASTRIC BAND MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 25: GLOBAL GASTRIC BAND MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 26: GLOBAL ELECTRICAL STIMULATION DEVICE MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 27: GLOBAL ELECTRICAL STIMULATION DEVICE MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 28: GLOBAL GASTRIC EMPTYING MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 29: GLOBAL GASTRIC EMPTYING MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 30: GLOBAL OTHER DEVICES MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 31: GLOBAL OTHER DEVICES MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 32: GLOBAL BARIATRIC SURGERY MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 33: GLOBAL BARIATRIC SURGERY MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 34: NORTH AMERICA BARIATRIC SURGERY MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 35: NORTH AMERICA BARIATRIC SURGERY MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 36: EUROPE BARIATRIC SURGERY MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 37: EUROPE BARIATRIC SURGERY MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 38: ASIA PACIFIC BARIATRIC SURGERY MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 39: ASIA PACIFIC BARIATRIC SURGERY MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ MILLION)

TABLE 40: REST OF WORLD BARIATRIC SURGERY MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 41: REST OF WORLD BARIATRIC SURGERY MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)

FIGURE LIST

FIGURE 1: PORTER’S FIVE FORCE ANALYSIS

FIGURE 2: OPPORTUNITY MATRIX

FIGURE 3: VENDOR LANDSCAPE

FIGURE 4: GLOBAL BARIATRIC SURGERY MARKET, BY DEVICE, IN 2019

FIGURE 5: GLOBAL BARIATRIC SURGERY MARKET, BY ASSISTING DEVICE, 2019-2028 (IN $ MILLION)

FIGURE 6: GLOBAL ASSISTING DEVICE MARKET, BY CLOSURE DEVICE, 2019-2028 (IN $ MILLION)

FIGURE 7: GLOBAL ASSISTING DEVICE MARKET, BY SUTURING DEVICE, 2019-2028 (IN $ MILLION)

FIGURE 8: GLOBAL ASSISTING DEVICE MARKET, BY TROCARS, 2019-2028 (IN $ MILLION)

FIGURE 9: GLOBAL ASSISTING DEVICE MARKET, BY STAPLING DEVICE, 2019-2028 (IN $ MILLION)

FIGURE 10: GLOBAL ASSISTING DEVICE MARKET, BY OTHER ASSISTING DEVICES, 2019-2028 (IN $ MILLION)

FIGURE 11: GLOBAL BARIATRIC SURGERY MARKET, BY IMPLANTABLE DEVICE, 2019-2028 (IN $ MILLION)

FIGURE 12: GLOBAL IMPLANTABLE DEVICE MARKET, BY GASTRIC BALLOON, 2019-2028 (IN $ MILLION)

FIGURE 13: GLOBAL IMPLANTABLE DEVICE MARKET, BY GASTRIC BAND, 2019-2028 (IN $ MILLION)

FIGURE 14: GLOBAL IMPLANTABLE DEVICE MARKET, BY ELECTRICAL STIMULATION DEVICE, 2019-2028 (IN $ MILLION)

FIGURE 15: GLOBAL IMPLANTABLE DEVICE MARKET, BY GASTRIC EMPTYING, 2019-2028 (IN $ MILLION)

FIGURE 16: GLOBAL BARIATRIC SURGERY MARKET, BY OTHER DEVICES, 2019-2028 (IN $ MILLION)

FIGURE 17: NORTH AMERICA BARIATRIC SURGERY MARKET, COUNTRY OUTLOOK, 2019 & 2028 (IN %)

FIGURE 18: THE UNITED STATES BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 19: CANADA BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 20: EUROPE BARIATRIC SURGERY MARKET, COUNTRY OUTLOOK, 2019 & 2028 (IN %)

FIGURE 21: GERMANY BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 22: FRANCE BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 23: THE UNITED KINGDOM BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 24: ITALY BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 25: RUSSIA BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 26: BELGIUM BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 27: POLAND BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 28: REST OF EUROPE BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 29: ASIA PACIFIC BARIATRIC SURGERY MARKET, COUNTRY OUTLOOK, 2019 & 2028 (IN %)

FIGURE 30: CHINA BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 31: JAPAN BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 32: INDIA BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 33: AUSTRALIA & NEW ZEALAND BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 34: SOUTH KOREA BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 35: THAILAND BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 36: INDONESIA BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 37: VIETNAM BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 38: REST OF ASIA PACIFIC BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 39: REST OF WORLD BARIATRIC SURGERY MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 40: LATIN AMERICA BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

FIGURE 41: MIDDLE EAST & AFRICA BARIATRIC SURGERY MARKET, 2019-2028 (IN $ MILLION)

  1. MARKET BY DEVICE
    •    ASSISTING DEVICE
      • CLOSURE DEVICE
      • SUTURING DEVICE
      • TROCARS
      • STAPLING DEVICE
      • OTHER ASSISTING DEVICES
    •    IMPLANTABLE DEVICE
      • GASTRIC BALLOON
      • GASTRIC BAND
      • ELECTRICAL STIMULATION DEVICE
      • GASTRIC EMPTYING
    • OTHER DEVICES
  2. GEOGRAPHICAL ANALYSIS
    •    NORTH AMERICA
      • THE UNITED STATES
      • CANADA
    •    EUROPE
      • GERMANY
      • FRANCE
      • THE UNITED KINGDOM
      • ITALY
      • RUSSIA
      • BELGIUM
      • POLAND
      • REST OF EUROPE
    •    ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • AUSTRALIA & NEW ZEALAND
      • SOUTH KOREA
      • THAILAND
      • INDONESIA
      • VIETNAM
      • REST OF ASIA PACIFIC
    •    REST OF WORLD
      • LATIN AMERICA
      • MIDDLE EAST & AFRICA

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.


    Choose License Type

    Buy Now