Regardless of a company’s size or income, the most recent research report from Quadintel offers a thorough analysis of the global Bariatric Surgery Devices Market for the years 2023–2030.
The global market report provides statistics and information on the evolution of the investment structure, technological advancements, industry trends and developments, market players’ capabilities, and in-depth details on the major market players. The analysis also includes a summary of the global market strategies that have been implemented in light of the industry’s present and future conditions.
An overview of the Bariatric Surgery Devices Market, the current state of the industry, market trends, significant market participants, product type, application, and geography are provided at the beginning of the study. It also covers how COVID-19 has affected market participants, end-user industries, future predictions, growth potential, and worldwide market trends.
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Market Overview:
Global Bariatric Surgery Devices Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
Bariatric surgery is a surgical procedure that is performed on obese people to alter gut hormone levels that is responsible for satiety and hunger, which aids in a new hormonal weight set point. Bariatric Surgery Devices are used to make changes to the digestive system. The rising demand for minimally invasive surgeries, the growing prevalence of obesity, coupled with the increasing expenditure on healthcare services is upsurging the market demand across the globe.
According to the Statista report, in 2019, the global minimally invasive surgery market was estimated to value around USD 20.5 billion, which is projected to reach nearly USD 44.04 billion by 2030. Consequentially, the rising inclination toward minimally invasive surgeries is exhibiting a positive influence on the market growth. In addition, growing investment in R&D activities, as well as increasing technological development by the key market players are acts as catalyzing factor that creates opportunities for market growth over the forecasting years. However, changing regulatory framework in the medical devices industry and the lack of skilled healthcare professionals in developing economies are hindering market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Bariatric Surgery Devices Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the space in terms of revenue, owing to the growing demand for MIS surgeries, rising healthcare spending, and increasing investment in healthcare facilities. Whereas, the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as the increasing prevalence of chronic disorders, growing geriatric population, as well as growing incidences of obesity and diabetes in the region.
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Major market players included in this report are:
- Johnson & Johnson
- Medtronic plc
- Intuitive Surgical, Inc.
- Apollo Endosurgery, Inc.
- ReShape Lifesciences Inc.
- Olympus Corporation
- Mediflex Surgical Products
- Cook Medical LLC
- B. Braun Melsungen AG
- Standard Bariatrics, Inc.
The detailed segments and sub-segment of the market are explained below:
By Device Type:
Minimally Invasive Surgical Devices
Noninvasive Surgical Devices
By Procedure:
Sleeve Gastrectomy
Gastric Bypass
Revision Bariatric Surgery
Non-invasive Bariatric Surgery
Adjustable Gastric Banding
Mini-gastric Bypass
Biliopancreatic Diversion with Duodenal Switch (BPD/DS)
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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