Bariatric Surgery Devices Market Outlook Key Analysis and Forecast by 202

Global Bariatric Surgery Devices Market: Snapshot

Bariatric surgery is mainly used to refer to the number of weight-loss procedures. Bariatric surgical procedures are carried out for the treatment of comorbid condition which are associated with morbid obesity, which require bariatric surgery devices. Bariatric surgery involves modification in the gastrointestinal tract by which either the amount of food that the stomach can intake is restricted or the nutrients that are absorbed in the intestinal tract are restricted.

Bariatric surgery is proven to be effective over alternate treatment options for obesity associated comorbid conditions and is also viable in terms of cost and faster recovery. Moreover, increasing number of facilities that offer bariatric surgical procedures and favorable government policies for bariatric procedures to be covered by insurance are favoring the bariatric surgery devices market.

The global bariatric surgery devices market was valued at US$798.3 mn in 2016 and is expected to reach US$1,744.1 mn by 2025 rising at a CAGR of 9.3% between 2017 and 2025.

This 141 page report gives readers a comprehensive overview of the bariatric surgery devices market. Browse through 19 data tables and 63 figures to unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/bariatric-surgical-devices.html

Closure Devices Segment to Register Leading CAGR due to Popularity of Minimally Invasive Surgeries

By devices type, assisting devices and implantable devices are the segments of the market. Assisting devices are further sub-segmented into suturing devices, closure devices, stapling devices, trocars, and others. In 2016, the segment of suturing devices held the leading share of the market due to high endorsement of these devices by surgeons. On the other hand, the closure devices segment is expected to register the leading CAGR as they devices are widely used in minimally invasive surgeries that require immediate closure of very small incision done at the time of surgical procedure.

The sub-segments of implantable devices are gastric bands, electric stimulation devices, gastric balloons, and gastric emptying. Among these, gastric bands account for the leading share as they are approved by regulatory agencies and are familiar to physicians as well as patients. Nevertheless, the segment of gastric balloons is expected to register the leading CAGR due to recent approvals from FDA that have proven them to be more safe and effective over other implantable devices.

On the basis of end-user, the bariatric surgery devices market is segmented into bariatric surgery clinics, hospital pharmacies, surgical centers, and others. Among these, in 2016, bariatric surgery clinics led the market due to the increasing popularity of minimally invasive surgeries that can be performed in bariatric surgery clinics. Bariatric surgery clinics are expected to expand at the leading CAGR during the forecast period as these facilities specialize in care needed for patients before and after the procedure. Also, bariatric surgery clinics are preferred by both patients and physicians as they are well-equipped for handling adverse situations.

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Asia Pacific to Exhibit Robust Growth Rate

North America is the leading regional market for bariatric surgery devices on account of increasing incidence of obesity and associated comorbidities such as diabetes, sleep apnea predominantly in the U.S. In this region, sedentary lifestyle and increasing consumption of junk food has been the major causes of growing obesity. To address this, increasing number of individuals are undergoing bariatric surgery for weight loss to avoid further complications with the condition.

Europe is also a significant market for bariatric surgery devices due to a well-developed healthcare infrastructure and increasing spending on health and wellness.

However, Asia Pacific bariatric surgery devices market is expected to exhibit the leading growth in the forecast period. Rising economic prosperity in countries such as China and India has led to increased spending on convenience foods, leading to lifestyle diseases such as obesity. This, in turn, has led to the demand for bariatric surgical procedures.

The key players in the bariatric surgery devices market include Apollo Endosurgery Inc., Ethicon Inc., TransEnterix Inc., Agency for Medical Innovations, Cousin Biotech, EnteroMedics Inc., Medtronics Plc., Intutive Surgical Inc., Aspire Bariatrics Inc., and Mediflex Surgical Products.

Bariatric Surgery Devices Market Outlook Key Analysis and Forecast by 2025

The global bariatric surgical devices market is predicted to witness a number of players contending to make their presence known in the industry. Transparency Market Report (TMR) has recently published a study that identifies some of the leading names in the bariatric surgical devices market across the world. Among these names are some key players such as Apollo Endosurgery Inc., Ethicon Inc., Allergen Inc., and EnteroMedics Inc. The global market is expected to be a highly competitive one, and the market participants are anticipated to face ample rivalry in trying to establish themselves at the top. These enterprises are contemplated to focus on their technological advancements and research, to upkeep their industry position.

The report published by TMR foretells that the global bariatric surgical devices market is likely to rise at a CAGR of 9.3% during the forecast period 2017-2025. While the market stood at US$798.3 mn in 2016, it is envisaged to hit US$1,7441.1 mn by 2025. North America is predicted to be the leading region in terms of market share on account of rising FDA approval against bariatric procedures.

This 141 page report gives readers a comprehensive overview of the bariatric surgery devices market. Browse through 19 data tables and 63 figures to unlock the hidden opportunities in this market: http://www.transparencymarketresearch.com/bariatric-surgical-devices.html

Closure Devices Segment to Showcase High CAGR, Being Minimally Invasive

The international bariatric surgical devices market may be segmented on the basis of the type of device, and by the end user. The device type segment sees further division into sub-segments, among which, the closure device segment is anticipated to witness a strong CAGR. In 2016, suturing devices held dominant market share. However, the forecast period is expected to foresee higher popularity of closure devices. Closure devices are minimally invasive, require instant closure of the incision made during surgery. Due to these advantages over other devices, the closure devices segment is predicted to register tremendous growth.

Geographically, North America is anticipated to be the leading region in terms of performance in the worldwide bariatric surgical devices market. This position could be acquired by the region due to accruing obesity issues, junk food consumption, sedentary life choices, and increasing instances of diabetes and sleep apnea. Europe is expected to be another significant region contributing to market share, due to enhanced health care facilities and spending capacities on wellness and health.
However, on account of rising economies, and in turn changes in lifestyle, consumption of convenience foods, and economic prosperity may contribute to Asia Pacific turning out to be the fastest growing region in the market.

Request a sample of this report to know what opportunities will emerge in the rapidly evolving bariatric surgery devices market during 2017 - 2025: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1369

Sedentary Lifestyle and Rising Health Concerns to Provide Lucrative Market Opportunities

The global market for bariatric surgical devices is predicted to rise on account of a number of factors, providing ample market opportunities. The rising prevalence of obesity among people in developed and even developing nations is a primary factor providing growth opportunities to the bariatric surgeries market. Prevalence of obesity and rising health concerns along with increasing spending abilities are leading to higher demand of bariatric procedures. Moreover, there is and increasing demand of the procedures to be less-invasive. There has been a steady rise in qualified surgeons over the years, leading to competitive availability. The growing awareness among people about the health risks of obesity, and governmental initiatives to provide coverage for these surgeries is also a huge contributing factor.

Bariatric surgeries are slated to be on the costlier side. Lack of proper awareness among the masses, and still lower amount of people having disposable incomes could be the considerable challenges faced by the market. However, with the industry players contributing to study of co-morbidity surgeries, and rising innovations in the medical field are expected to overcome the mentioned restraints to market growth. June 2015 witnessed an investment of US$3.2 mn toward a study changes in bile acid induced by endobarriers, by GI Dynamics Inc and GSK. Initiatives by market players is expected to go a long way in market opportunities and growth.

The information and study presented here is based on a TMR published report, titled,” Bariatric Surgery Devices Market (Device - Assisting Devices (Suturing Device, Closure Device, stapling Device, and Trocars), Implantable Devices (Gastric Bands, electrical Stimulation Devices, Gastric Balloons, and Gastric Emptying); End User -Bariatric Surgery Clinics, Hospital Pharmacies, and Ambulatory Surgical Centers)) -Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.”