Sweden Bariatric Surgery Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.23 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Sweden Bariatric Surgery Market Analysis
Th Sweden Bariatric Surgery market is expected to witness a higher CAGR growth during the forecast period, 2020 - 2025. The adoption of a sedentary lifestyle in people is leading to a higher risk of causing chronic diseases. The sedentary leisure time in Sweden was recorded to be around 13%-15% in an individual, which is adding up in the physical inactivity in the people, according to the Public Health Agency of Sweden. Physical inactivity can lead to many chronic diseases such as diabetes, cardiovascular diseases, etc. This is expected to increase the number of bariatric surgeries and thereby expected to boost the bariatric surgery market growth in Sweden.
Sweden Bariatric Surgery Market Trends
This section covers the major market trends shaping the Sweden Bariatric Surgery Market according to our research experts:
Suturing Devices are Expected to Show a Significant Growth in the Market
Suturing devices are used for laceration during the bariatric surgery. It is widely used in case of gastric bypass, bowel resection, etc. The growing burden of obesity is expected to act as a major contributor to this segment.
As per the data of the Public Health Agency of Sweden, currently, over 50% of adults in Sweden are obese or overweight. Obesity can lead to various health problems such as cardiovascular diseases, hypertension,etc., adding to the increasing burden of morbidity and mortality rate in Sweden. Hence, bariatric surgery plays is essential in such cases, and suturing devices play a pivotal role in these procedures. Thus, it is expected to propel the market growth in this segment.
Sweden Bariatric Surgery Industry Overview
Some of the key players in the Sweden Bariatric Surgery market are Nordic Gastric Balloon, Medtronic Plc, Johnson & Johnson, Apollo Endosurgery,Inc., Aspire Bariatrics, Molnlcyke Healthcare AB, Olympus Corporation, ReShape Lifescience Inc. and B. Braun Melsungen AG
Sweden Bariatric Surgery Market Leaders
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Nordic Gastric Balloon
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Medtronic Plc
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ReShape Lifesciences Inc.
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Olympus Corporation
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Apollo Endosurgery Inc.
*Disclaimer: Major Players sorted in no particular order
Sweden Bariatric Surgery Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 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 Number of Obese Patients
- 4.2.2 Increasing Burden of Chronic Diseases such as Cardiovascular Diseases, Diabetes,etc.
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4.3 Market Restraints
- 4.3.1 Stringent Regulatory Framework
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Device
- 5.1.1 Assisting Devices
- 5.1.1.1 Suturing Devices
- 5.1.1.2 Closuring Devices
- 5.1.1.3 Stapling Devices
- 5.1.1.4 Trocars
- 5.1.1.5 Other Assisting Devices
- 5.1.2 Implantable Devices
- 5.1.2.1 Gastric Bands
- 5.1.2.2 Electrical Stimulation Devices
- 5.1.2.3 Gastric Balloon
- 5.1.2.4 Gastric Emptying
- 5.1.3 Other Devices
6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
- 6.1.1 Apollo Endosurgery,Inc.
- 6.1.2 Aspire Bariatrics
- 6.1.3 B. Braun Melsungen AG
- 6.1.4 Johnson & Johnson
- 6.1.5 Mölnlycke Health Care AB
- 6.1.6 Medtronic Plc
- 6.1.7 Nordic Gastric Balloon
- 6.1.8 Olympus Corporation
- 6.1.9 ReShape Lifescience Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Sweden Bariatric Surgery Industry Segmentation
As per the scope of the report, bariatric surgery or weight loss surgery is used as one of the major treatment procedures for treating obesity. It is generally the last option for patients who have failed to lose weight by several other means. During this procedure, the size of the stomach is reduced by either removing some parts of the stomach or by using a gastric band.
By Device | Assisting Devices | Suturing Devices |
Closuring Devices | ||
Stapling Devices | ||
Trocars | ||
Other Assisting Devices | ||
By Device | Implantable Devices | Gastric Bands |
Electrical Stimulation Devices | ||
Gastric Balloon | ||
Gastric Emptying | ||
By Device | Other Devices |
Sweden Bariatric Surgery Market Research FAQs
What is the current Sweden Bariatric Surgery Market size?
The Sweden Bariatric Surgery Market is projected to register a CAGR of 7.23% during the forecast period (2024-2029)
Who are the key players in Sweden Bariatric Surgery Market?
Nordic Gastric Balloon, Medtronic Plc, ReShape Lifesciences Inc., Olympus Corporation and Apollo Endosurgery Inc. are the major companies operating in the Sweden Bariatric Surgery Market.
What years does this Sweden Bariatric Surgery Market cover?
The report covers the Sweden Bariatric Surgery Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Sweden Bariatric Surgery Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Sweden Bariatric Surgery Industry Report
Statistics for the 2024 Sweden Bariatric Surgery market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Sweden Bariatric Surgery analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.