Bariatric Surgery Devices Industry Overview
The Bariatric Surgery Devices Industryis presumed to expand at 5.5 % CAGR during the forecast period (2018-2023) owing to the growing technical advanced devices, asserts Market Research Future (MRFR). Bariatric surgery refers to the procedure performed to reduce weight in which the stomach size is reduced either by cutting a small portion of the stomach, by using a gastric band, or by resecting small intestine into the stomach. Undertaking a bariatric surgery has become necessary especially among the obese and the overweight population.
Drivers and Constraints Impacting the Market
The Bariatric Surgery Devices Industry is mainly driven by the growing technical advanced devices, increasing prevalence of obesity, rise in the number of regulatory approvals, and increasing penetration of key market players. Also, with the increasing healthcare awareness, increasing innovation in R&D of medical devices, and favorable reimbursement policies along with growing average income are some of the favorable factors impacting the global market positively. Moreover, excessive intake of calories along with growing rate of obesity due to changing lifestyle habits are predicted to propel the market during the review period.
On the flip side, lack of proper health care infrastructure, complicated and costly surgical procedures are likely to inhibit the market growth globally. Additionally, a lack of awareness regarding obesity in middle-income industries poses a threat to the growth of the market.
Global Bariatric Surgery Devices Market: Segmental Analysis
The global Bariatric Surgery Devices Industryhas been segmented on the basis of procedure type, devices, end-user, and region.
By mode of devices, the global market has been segmented into implantable devices, assisting devices, and others. Among these, the assisting devices segment is sub-segmented into suturing devices, stapling devices, trocars, incision closure devices, and others. Implantable devices are further sub-segmented into gastric emptying devices, gastric bands, gastric balloons, electrical stimulation devices, and others.By mode of procedure, the global market has been segmented into sleeve gastrectomy, non-invasive bariatric surgery, biliopancreatic diversion with duodenal switch, gastric bypass, gastric bypass, adjustable gastric banding, mini-gastric bypass, and revision bariatric surgery.
By mode of end-users, the global market has been segmented into ambulatory surgical centers, bariatric surgery clinics, hospital pharmacies, and others.
Regional Analysis
Geographically, the Bariatric Surgery Devices Industryspans across regions namely, Europe, America, Asia Pacific, and the Middle East and Africa.
Among all the regions, America has been considered to be the global leader in bariatric surgery devices due to the growing prevalence of obesity in this region. Besides, growing government funding and initiatives for research and development, abuse of drugs and alcohol, increasing food chain, coupled with growing demand for technologically advanced treatment are estimated to foster the market growth during the assessment period.
Europe has been considered to hold the second-largest position in the market owing to the major factors such as growing expenditure on healthcare, availability of advanced treatment facilities, government initiatives for healthcare reforms, and need for better healthcare infrastructure.
Asia Pacific has been presumed to be the fastest growing market due to high adoption rate of healthcare technology, initiatives by the government to increase the quality of healthcare, growing patient-tool due to obesity and related diseases, favorable reimbursement policies along with the presence of major market players like Medtronic and Boston Scientific Corporation.
Industry News
A team of surgery doctors from Gleneagles Global Hospitals at Parel have started endoscopic sleeve gastroplasty. Dr Amit Maydeo, a renowned gastroenterologist of the Baldota Institute of Digestive Sciences, Global Hospital claims that this technique has been introduced in the country for the first time. FDA has approved the use of a device called over stitch, which is meant for suture perforation.
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The major players operating the global market
- Mediflex Surgical Products
- Intuitive Surgical
- Medtronic
- Agency for Medical Innovation
- TransEnterix, Inc.
- Aspire Bariatrics
- ReShape Lifescience
- EnteroMedics, Inc.
- Ethicon
- Apollo Endosurgery
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UpMarketResearch offers a latest published report on “Global Bariatric Surgery Devices Market Industry Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report.
Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
The report contains basic, secondary and advanced information pertaining to the Bariatric Surgery Devices global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2018 - 2023.Get FREE Exclusive PDF Sample Copy of This Report @ https://www.upmarketresearch.com/home/requested_sample/4090 The scope of the report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions.
The numerical data is backed up by statistical tools such as SWOT analysis, BCG matrix, SCOT analysis, PESTLE analysis and so on.
The statistics are represented in graphical format for a clear understanding on facts and figures.The generated report is firmly based on primary research, interviews with top executives, news sources and information insiders.
Region-wise Analysis Global Bariatric Surgery Devices Market covers:• North America • Europe • China • Japan • Southeast Asia • India The Report covers in-depth analysis as follows: Chapter 1 Bariatric Surgery Devices Market Overview • Chapter 2 Global Economic Impact on Bariatric Surgery Devices Industry • Chapter 3 Global Bariatric Surgery Devices Market Competition by Manufacturers • Chapter 4 Global Bariatric Surgery Devices Production, Revenue (Value) by Region (2013-2018) • Chapter 5 Global Bariatric Surgery Devices Supply (Production), Consumption, Export, Import by Regions (2013-2018) • Chapter 6 Global Bariatric Surgery Devices Production, Revenue (Value), Price Trend by Type • Chapter 7 Global Bariatric Surgery Devices Market Analysis by Application • Chapter 8 Global Bariatric Surgery Devices Manufacturers Analysis • Chapter 9 Bariatric Surgery Devices Manufacturing Cost Analysis • Chapter 10 Industrial Chain, Sourcing Strategy and Downstream Buyers • Chapter 11 Marketing Strategy Analysis, Distributors/Traders • Chapter 12 Market Effect Factors Analysis • Chapter 13 Global Bariatric Surgery Devices Market Forecast (2018-2023) Gain Full Access of Bariatric Surgery Devices market industry analysis & forecast 2018-2023 along with complete TOC @ https://www.upmarketresearch.com/reports/bariatric-surgery-devices-market“Bariatric Surgery Devices Market Industry Analysis and Forecast 2018-2023” report helps the clients to take business decisions and to understand strategies of major players in the industry.
Bariatric Surgery Devices Market Report presents the conceptual study and strategic analysis which provides market scope, applications, a topographical presence that drive the Bariatric Surgery Devices market.
The report analyzes, tracks, and presents the worldwide market size of the most dominating players in each region around the world.
Bariatric Surgery Devices Market Global Industry report provides the latest market statistics, industry growth, size, share, trends, as well as driving factors.
The detailed overview of the market segments, product description, Bariatric Surgery Devices applications is presented in this report.
Bariatric surgery is a type of surgery performed on the gastrointestinal tract chiefly to contact the weight-loss procedure.
Major Players covered in the Bariatric Surgery Devices Market-Medtronic, Johnson & Johnson Services, Inc., Intuitive Surgical, Apollo Endosurgery, Inc., Reshape Lifesciences, Inc., Olympus Corporation, Aspire Bariatrics, Spatz FGIA Inc., Mediflex Surgical Products, Cousin Biotech, Allergan, GI Dynamics, Inc., Asensus Surgical US, Inc., USGI Medical, Stryker, Smith & Nephew, Abbott, B. Braun Melsungen AG, Zimmer Biomet, and Teleflex Incorporated A large-scale Bariatric Surgery Devices Market report delivers a comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the market.
