Global Obesity Treatment Market is anticipated to reach USD 15.6 billion by 2024. Obesity is a disorder wherein extra body fat gets accumulated to such amount that it may have adverse effects on health. The factors that propel the growth of the obesity treatment market include increasing occurrence of obesity and type 2 diabetes, growing consciousness, and improving healthcare infrastructure in developing market such as China, and India, technological advancement.
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On the other hand, there are factors that may hamper the growth of the market including lack of consciousness towards availability of medication, and high cost of medicine. Obesity Treatment industry is anticipated to grow at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe. Obesity Treatment industry may be explored by drugs type, application, and geography. The market may be explored by drugs type as Satiety, Appetite Suppressants, Malabsorption, and Combination Drugs. The “combination drugs” segment led the Obesity Treatment Market in 2015 and is anticipated to maintain its dominance by 2024 due to increasing occurrence of obesity and the synergistic result of combination therapy in weight management.
The market could be explored based on devices and surgery as Endoscopic Procedures, Roux-en-Y, Gastric Bypass, Adjusting Gastric Banding, Sleeve Gastrostomy, Biliopancreatic Diversion with Duodenal Switch, and Others. The “Gastric Bypass” segment led the Obesity Treatment industry in 2015 and is anticipated to maintain its dominance by 2024.
North America accounted for the major share of the Obesity Treatment Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes robust government funding and support, technical developments in this region, increase in childhood obesity rates, rising in obese populace, changing lifestyle, surge in membership for health clubs, and heavy R&D funds deployed to change rational and effective obesity treatment procedures. North America is followed by Asia-Pacific region.
Some of the key players that fuel the growth of the Obesity Treatment industry comprise Arena Pharmaceuticals, Inc., VIVUS, Inc., Novo Nordisk A/S, F. Hoffmann-La Roche Ltd., Allergan Plc, Medtronic, Cousin Biotech, Ethicon (subsidiary of Johnson & Johnson), USGI Medical, Inc., and Enter Medics, Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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Market Segment:
Global Obesity Treatment Market Drugs Outlook (Revenue, USD Million, 2013 - 2024)
• Combination Drugs
• Appetite Suppressants
• Malabsorption
• Satiety
Global Obesity Treatment Market Surgery & Devices Outlook (Revenue, USD Million, 2013 - 2024)
• Adjusting Gastric Banding
• Roux-en-Y Gastric Bypass
• Sleeve Gastrectomy
• Biliopancreatic Diversion With Duodenal Switch
• Endoscopic Procedures
• Others
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The latest report titled ‘Global obesity treatment Market’, published by Reports and Data, is furnished with an overall understanding of the global obesity treatment market to present a historical analysis of the market, its current scenario, and estimations for the forecast years.
The report lays stress on the factors that influence the growth of the obesity treatment industry.
Our team of analysts has implemented a set of avant-garde analytical tools, including Porter’s Five Forces analysis and SWOT analysis, to offer meaningful insights into the future growth prospects of the global obesity treatment industry.
The report efficiently evaluates significant market information via both primary and secondary research and derives industry-leading insights to help readers gain an accurate concept of the obesity treatment market.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1480COVID-19 Impact on the Global obesity treatment Market The latest research report draws attention to the hostile impact of the ongoing COVID-19 pandemic on the obesity treatment market and its vital segments and sub-segments.
Besides offering critical insights into the effects of the coronavirus outbreak on the global economic landscape, the report considers the COVID-19 pandemic as one of the contributing elements for the recent downturn of this business vertical.
The global obesity treatment market has been adversely impacted by the pandemic, which has brought about several disruptive changes to the market dynamics and demand trends.
Global Bariatric Surgery Devices Market is anticipated to reach 2.8 billion by 2022.
It is anticipated to grow at a healthy rate in the years to come.
Obesity is one of the utmost threatening and prevalent health disorders has increased alertness about bariatric devices and surgery.The demand for bariatric surgery devices has witnessed a substantial rise due to advantages such as rising preference for less-invasive bariatric operations.
In addition, the increasing spending on weight loss actions has helped the sales of bariatric surgery devices at the distinct level.
Regional government enterprises are also prompting the development of the bariatric surgery devices market.On the other hand, the factors that may hamper the growth of the Bariatric Surgery Devices Market include high cost of surgeries, lower disposable income developing economies, lack of awareness in the emerging countries.
It may be explored by type as Energy/Vessel Sealing Devices, Minimally Invasive Surgical Devices, Stapling Devices, Suturing Devices, Non-invasive Surgical Accessories, and Devices.
Bariatric Surgery Market Research Report: by device (surgical stapler, gastric bands, gastric balloons, adjustable gastric band, and gastric emptying systems), by type (gastric bypass and sleeve gastrectomy), by the end user - Global forecast till 2027Market InsightsMarket Research Future stated that the global bariatric surgery market is anticipated to develop at a CAGR of 6.5% between the forecast period, 2017-2023.Bariatric surgery is mainly recommended for people with a BMI of over 40.
It is applied to improve the health of obese patients, thereby decreasing the risk of severe illnesses.
In addition, the popularity of bariatric weight loss surgery in developing countries around the world is increasing, spurring market growth.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/5693Market SegmentationThe global bariatric surgery market broadly bifurcated into type, device, and end-user.The global bariatric surgery market is also divided into gastric balloons, electrical stimulation systems, gastric emptying systems, surgical stapler gastric bands, and others; based on device.The type segment of the global market is divided into sleeve gastrectomy, biliopancreatic diversion with duodenal switch, adjustable gastric band, and others.The global bariatric surgery market is classified into surgical centers, hospitals & clinics, health care facilities, and others; based on end-user.Regional InsightsThe Americas are the largest bariatric surgery market and is motivated by the availability of a large number of surgical centers, a growing awareness of obesity and risk factors, and technological advances in surgery bariatric laparoscopy.
In South America, the growth of healthcare and the growing use of medical devices in various operations is driving the market.
The CDC (Centers for Disease Control and Prevention) reported that in 2014, over one-third of US adults were obese.The European bariatric surgery market is fueled by the growing number of surgical device manufacturers and distributors, the high prevalence of diabetes, and the huge public funding available for research.
Factors that contribute to the growth of the market in Germany are the concentration of the main players in the market and the focus on controlling obesity and diabetes.In the Asia Pacific, diabetes is a major chronic disease, weighing heavily on emerging economies such as China and India.
Bariatric Surgery Market Analysis Global bariatric surgery market trends is predicted to grow at a 6.5% CAGR over the forecast period (2017-2023) state the new Market Research Future (MRFR) report.
Bariatric surgery, simply put, is a surgery which helps an individual to lose weight through changes in their digestive system.
There are some surgeries that make the stomach smaller thereby allowing a person to drink and eat less at one time which makes them feel full sooner while there are others that will change their small intestine, a part of the body which absorbs nutrients and calories from beverages and foods.
These factors, as per the new MRFR report, include increasing incidence of obesity worldwide due to excessive calorie intake and changing lifestyle habits, demand for minimally invasive techniques, favorable government initiatives, and growing awareness about unhealthy drinks and food and their effect on BMI.
Based on device, the bariatric surgery market is segmented into electrical stimulation systems, gastric emptying systems, gastric balloons, gastric bands, surgical stapler, and others.
Factors aiding growth in the region include rapidly growing healthcare sector, the presence of several key market players, and extensive usage of surgical devices for bariatric surgery.
The latest trending report Global Obesity Treatment Surgery Devices Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2026 offered by Value Market Research is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The broad obesity treatment surgery devices market has been sub-grouped into product and application.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Obesity Treatment Surgery Devices Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/obesity-treatment-surgery-devices-market/download-sampleBy ProductRoux-En-Y Gastric BypassSleeve GastrectomyAdjusting Gastric BandingBiliopancreatic Diversion With Duodenal SwitchGastrotropic SolutionOthersBy ApplicationHospitalsClinicsBeauty InstitutionOthersThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the obesity treatment surgery devices market include ALLERGAN, Apollo Endosurgery, Inc, Cousin Biotech, Ethicon USA, LLC, Intuitive Surgical, Inc., Mediflex, Medtronic Inc, Obalon Therapeutics and Olympus Corporation among others.
