Bariatric Surgery Devices Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.66 Billion |
| Market Size (2029) | USD 3.43 Billion |
| CAGR (2024 - 2029) | 5.20 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Bariatric Surgery Devices Market Analysis
The Bariatric Surgery Devices Market size is estimated at USD 2.66 billion in 2024, and is expected to reach USD 3.43 billion by 2029, growing at a CAGR of 5.20% during the forecast period (2024-2029).
- The bariatric surgery devices market is pivotal in combating the global obesity epidemic, which is closely linked to numerous health issues such as diabetes, heart disease, and hypertension. This market is divided into various device types, including assisting and implantable devices, catering to end-users like bariatric surgery clinics, hospitals, and ambulatory surgical centers across major regions. The growing demand for these devices is driven by the rising prevalence of obesity and related conditions, alongside increasing awareness of the health risks associated with unhealthy lifestyles.
Technological Advancements in Bariatric Surgery Devices
- Adoption of Minimally Invasive Techniques: The market has seen a surge in the adoption of advanced bariatric surgery technologies, particularly minimally invasive and robotic systems. These technologies enhance the precision and safety of surgical procedures, making them more attractive to patients and surgeons alike. The development of laparoscopic and robotic-assisted devices has reduced recovery times and minimized complications, thereby boosting patient acceptance and market growth.
- Innovation in Device Development: Continuous innovation is a hallmark of the bariatric surgery devices market. Manufacturers are focused on developing new and improved devices that cater to the evolving needs of bariatric surgeons. This includes the introduction of devices that are not only safer and more effective but also capable of addressing a broader range of patient conditions. The demand for these advanced devices is particularly strong in regions like North America, where obesity rates are high, and healthcare infrastructure is well-developed.
Rising Obesity and Related Health Conditions
- Increasing Global Obesity Rates: The global increase in obesity is a significant factor driving the demand for bariatric surgery devices. Obesity is a leading cause of various health conditions, including diabetes and cardiovascular diseases, which has made the need for effective surgical interventions more pronounced. The rising demand for both traditional and minimally invasive bariatric surgery devices is a direct response to this growing health crisis.
- Heightened Awareness and Demand: The link between obesity and chronic health conditions has heightened awareness of bariatric surgery's importance. This awareness is growing in regions where obesity rates are climbing, particularly in North America and Europe. Consequently, the demand for bariatric surgical instruments and related technologies is on the rise, as these solutions effectively reduce the risk of severe health issues associated with obesity.
Challenges in Market Expansion
- High Costs as a Barrier: Despite the market’s growth potential, several challenges hinder its expansion. One of the most significant barriers is the high cost of bariatric surgeries, especially those involving advanced devices. These costs limit access to surgeries for a large segment of the population, particularly in low-income regions, where healthcare infrastructure is less developed, and insurance coverage is limited.
- Lack of Awareness in Developing Regions: Another major challenge is the lack of knowledge and awareness about bariatric surgery in developing and underdeveloped countries. In many of these regions, there is a stigma associated with obesity, and surgical interventions are not widely understood or accepted. This lack of awareness leads to underutilization of bariatric surgery devices, even in areas where obesity rates are high. Efforts to educate both the public and healthcare providers about the benefits of bariatric surgery are essential for expanding the market in these regions.
Bariatric Surgery Devices Market Trends
The Assisting Devices segment is Expected to Hold a Major Market Share
- Prevalence of Obesity Drives Market Growth: The global bariatric surgery devices market is experiencing robust growth due to the increasing prevalence of obesity. As more individuals seek weight-loss solutions through surgery, the demand for advanced bariatric surgery devices is expected to escalate. The market expansion is characterized by significant developments in assisting devices, particularly in regions like North America, where the adoption of advanced technologies is prominent.
- Technological Innovations in Assisting Devices: The assisting devices segment, which includes laparoscopic tools, robotic systems, and endoscopic devices, is anticipated to hold a major market share. Laparoscopic tools are in high demand due to their precision in obesity surgery, enabling minimally invasive procedures preferred for their lower risk profiles. Robotic systems are also gaining traction, offering enhanced precision and reducing complications in bariatric surgeries.
North America is Expected to Hold a Significant Market Share
- North America as a Market Leader: North America is expected to maintain its dominance in the global bariatric surgery devices market, driven by a combination of high obesity rates and advanced healthcare infrastructure. The United States leads the region, with a significant number of bariatric surgeries performed annually. The demand for minimally invasive options, supported by favorable reimbursement policies and the availability of specialized healthcare professionals, drives this trend.
- Growth in Canada: Canada is also contributing to the growth of the North American bariatric surgery devices market, with an increasing focus on addressing obesity as a major public health issue. Regulatory approvals and the adoption of advanced bariatric technologies, such as the Endoscopic Sleeve Gastroplasty (ESG) procedure, are expected to boost market growth in Canada.
Outlook for the Bariatric Surgery Devices Market
- The bariatric surgery devices market is on a strong growth trajectory, with significant opportunities for innovation and expansion in the coming years. The increasing adoption of minimally invasive surgical procedures, coupled with advancements in assisting devices, is expected to drive the market forward. North America remains a key region for market growth, with a focus on technological innovation and regulatory support.
- As obesity rates continue to rise globally, the demand for effective bariatric surgery solutions will likely increase, ensuring sustained market growth and the introduction of new and improved devices.
Bariatric surgery Devices Industry Overview
- Moderately Consolidated Market: The bariatric surgery devices market is moderately consolidated, with a few global conglomerates and specialized medical device companies leading the industry. Major players like Medtronic Plc, Johnson & Johnson, and Apollo EndoSurgery, Inc., control a significant share of the market, leveraging their extensive product portfolios and strong distribution networks.
- Significant Market Influence: Among the major players, Apollo EndoSurgery, Inc., Medtronic Plc, and Johnson & Johnson are particularly noteworthy for their broad range of bariatric surgery devices and global reach. These companies have established themselves through innovation, strategic acquisitions, and partnerships that enhance their product offerings and market penetration.
- Future Success Factors: To succeed in the bariatric surgery devices market, companies must focus on continuous innovation, regulatory compliance, and expanding their geographic presence. Developing devices that offer enhanced patient outcomes, reduced recovery times, and lower complication rates will be critical. Additionally, building strong relationships with healthcare providers and investing in research and development to stay ahead of technological advancements will be key strategies for market players aiming to maintain or improve their positions.
Bariatric surgery Devices Market Leaders
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Medtronic Plc
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Johnson and Johnson
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Entero Healthcare
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Boston Scientific ( Apollo EndoSurgery, Inc)
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B Braun SE
*Disclaimer: Major Players sorted in no particular order
Bariatric surgery Devices Market News
- February 2024: Appalachian Regional Healthcare (ARH), United States, introduced advanced bariatric procedures utilizing the cutting-edge da Vinci Xi robot. The doctors at the center successfully conducted the inaugural Modified Duodenal Switch, or SADI-S (Single Anastomosis Duodeno-ileostomy with sleeve gastrectomy), alongside a Robotically Assisted Roux-En-Y Gastric Bypass (RYGB).
- February 2024: BariaTek Medical conducted the inaugural human implant of BariTon. This innovative device is delivered endoscopically and comprises gastric and intestinal components. BariTon seeks to replicate the outcomes of weight loss surgeries, specifically sleeve gastrectomy and bypass surgery.
Bariatric Surgery Devices Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
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4.2 Market Drivers
- 4.2.1 Increase in Obese Population
- 4.2.2 Prevalence of Diabetes and Heart Diseases
- 4.2.3 Increasing Awareness About Unhealthy Lifestyle
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4.3 Market Restraints
- 4.3.1 Lack of Knowledge and Awareness in Developing and Underdeveloped Nations
- 4.3.2 High Cost of surgery
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Buyers/Consumers
- 4.4.2 Bargaining Power of Suppliers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD)
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5.1 By Device Type
- 5.1.1 Assisting Devices
- 5.1.2 Implantable Devices
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5.2 By End-User
- 5.2.1 Bariatric Surgery Clinics
- 5.2.2 Hospitals
- 5.2.3 Ambulatory Surgical Centers
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5.3 Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.2 Europe
- 5.3.2.1 Germany
- 5.3.2.2 United Kingdom
- 5.3.2.3 France
- 5.3.2.4 Italy
- 5.3.2.5 Spain
- 5.3.2.6 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 South Korea
- 5.3.3.6 Rest of Asia-Pacific
- 5.3.4 Middle East and Africa
- 5.3.4.1 GCC
- 5.3.4.2 South Africa
- 5.3.4.3 Rest of Middle East and Africa
- 5.3.5 South America
- 5.3.5.1 Brazil
- 5.3.5.2 Argentina
- 5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Boston Scientific ( Apollo EndoSurgery, Inc)
- 6.1.2 Johnson& Johnson
- 6.1.3 TransEnterrix Inc.
- 6.1.4 Allergan Inc.
- 6.1.5 ReShape Medical Inc.
- 6.1.6 Medtronic PLC
- 6.1.7 Entero Medica Inc.
- 6.1.8 B Braun SE
- 6.1.9 Olympus
- 6.1.10 Teleflex Corporation
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityBariatric Surgery Devices Industry Segmentation
As per the scope of this report, gastric bypass and other weight-loss surgeries, known collectively as bariatric surgery, involve changes to patients' digestive systems to help them lose weight. The devices used in such types of surgery are known as bariatric surgery devices.
The bariatric surgery market is segmented by device type, end user, and geography. By device type, the market is sub-segmented into assisting devices and implantable devices. By end user, the market is sub-segmented into bariatric surgery clinics, hospitals, and ambulatory surgical centers. By geography, the market is sub-segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers values (USD) for all the above segments.
| By Device Type | Assisting Devices | |
| Implantable Devices | ||
| By End-User | Bariatric Surgery Clinics | |
| Hospitals | ||
| Ambulatory Surgical Centers | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | Middle East and Africa | GCC |
| South Africa | ||
| Rest of Middle East and Africa | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America |
Bariatric Surgery Devices Market Research FAQs
How big is the Bariatric Surgery Devices Market?
The Bariatric Surgery Devices Market size is expected to reach USD 2.66 billion in 2024 and grow at a CAGR of 5.20% to reach USD 3.43 billion by 2029.
What is the current Bariatric Surgery Devices Market size?
In 2024, the Bariatric Surgery Devices Market size is expected to reach USD 2.66 billion.
Who are the key players in Bariatric Surgery Devices Market?
Medtronic Plc, Johnson and Johnson, Entero Healthcare, Boston Scientific ( Apollo EndoSurgery, Inc) and B Braun SE are the major companies operating in the Bariatric Surgery Devices Market.
Which is the fastest growing region in Bariatric Surgery Devices Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Bariatric Surgery Devices Market?
In 2024, the North America accounts for the largest market share in Bariatric Surgery Devices Market.
What years does this Bariatric Surgery Devices Market cover, and what was the market size in 2023?
In 2023, the Bariatric Surgery Devices Market size was estimated at USD 2.52 billion. The report covers the Bariatric Surgery Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Bariatric Surgery Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Bariatric Surgery Devices Industry Report
Our comprehensive bariatric surgery devices market research offers a detailed analysis of the latest industry trends and technological advancements, with a focus on how these developments are shaping the future of obesity treatment. The report covers key segments, including minimally invasive bariatric surgery devices, robotic systems, and endoscopic tools, providing insights into their market performance and future potential. By examining the dynamics of the global market, particularly in regions like North America, where advanced healthcare infrastructure drives demand, stakeholders gain a clear understanding of the industry's direction.
This industry research report provides valuable information on market forecasts, industry size, and growth trends, equipping stakeholders with the data needed to make informed decisions. Additionally, the report explores the competitive landscape, highlighting key players and their strategies for maintaining market leadership. The full analysis, including detailed statistics and industry predictions, is available in an easy-to-read report pdf format, ensuring that all insights are accessible and actionable for those invested in the future of bariatric surgery devices.
Statistics for the 2024 Bariatric Surgery Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Bariatric Surgery Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
