How Has the Bariatric Surgery Devices Market Size Evolved in Recent Years?
The bariatric surgery devices market has seen considerable growth due to a variety of factors.
• The market size for bariatric surgery devices has seen robust growth in recent times. With a projected growth from $2.04 billion in 2024 to $2.22 billion in 2025, it will experience a compound annual growth rate (CAGR) of 9.0%.
Factors contributing to the growth during the historic period include advancement in healthcare facilities, increased awareness and education, a rise in medical tourism, insurance provisions, government-driven initiatives, and successful patient outcomes.
What Does Future Hold for The Bariatric Surgery Devices Market Size?
The bariatric surgery devices market is expected to maintain its strong growth trajectory in upcoming years.
• It is anticipated that the market size for bariatric surgery devices will experience robust growth in the coming years, reaching a value of $3.24 billion in 2029 with a compound annual growth rate (CAGR) of 9.9%.
Factors contributing to this escalation during the forecast period may be attributed to the aging demographic, regulatory backing, patient involvement, preventative health care initiatives, minimally invasive procedures and the worldwide spread of bariatric surgery. Key trends projected during this timeframe comprise of technological evolution, personalized bariatric medicine, the incorporation of artificial intelligence, cooperation and partnerships, as well as digital health strategies.
What Are The Core Factors Supporting Growth In Bariatric Surgery Devices Market?
The rise in obesity is significantly fueling the expansion of the bariatric surgery devices market. The term obesity pertains to the unusual or uncontrolled buildup of fat that may be detrimental to a person's health. Over the past few years, this condition has emerged as a worldwide public health problem, contributing notably to global mortality and morbidity. The increasing adoption of surgical procedures by the obese population worldwide to reduce fat build-up is anticipated to stimulate the demand for bariatric surgery devices. For example, as per the World Health Organization (WHO), currently (2022) over 1 billion people worldwide are obese, from which 650 million are adults, 340 million are adolescents, and 39 million are children. In another example, a report by the Office for Health Improvement & Disparities, a UK government body, revealed that in May 2023, 26% of the UK adult population was categorized as obese, a figure that remains consistent with the data from previous years. This shows a marginal rise from 25.9% in 2021-2022. Thus, the escalating obese population will significantly support the growth of the bariatric surgery devices market.
What Is The Segmentation Of The Global Bariatric Surgery Devices Market?
The bariatric surgery devices market covered in this report is segmented –
1) By Type: Minimally Invasive Surgical Devices, Stapling Devices, Energy Or Vessel Sealing Devices, Suturing Devices, Accessories, Non-Invasive Surgical Devices
2) By Procedure: Sleeve Gastrectomy, Gastric Bypass, Revision Bariatric Surgery, Non-Invasive Bariatric Surgery, Adjustable Gastric Banding, Mini-gastric Bypass, Biliopancreatic Diversion With Duodenal Switch
3) By End User : Clinics, Hospitals, Specialty Centers, Ambulatory Surgical Centers
Subsegments:
1) By Minimally Invasive Surgical Devices: Laparoscopic Adjustable Gastric Banding Systems, Laparoscopic Sleeve Gastrectomy Kits, Robotic-Assisted Surgical Devices
2) By Stapling Devices: Linear Staplers, Circular Staplers, Endoscopic Staplers
3) By Energy Or Vessel Sealing Devices: Ultrasonic Devices, Radiofrequency Devices, Electrosurgical Devices
4) By Suturing Devices: Automatic Suturing Devices, Manual Suturing Devices
5) By Accessories: Trocar And Cannula Systems, Bariatric Surgery Instruments, Laparoscopic Graspers And Scissors
6) By Non-Invasive Surgical Devices: Intragastric Balloons, Endoscopic Sleeve Gastroplasty Devices
Pre-Book The Bariatric Surgery Devices Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Emerging Trends Are Shaping The Bariatric Surgery Devices Market?
Leading enterprises in the bariatric surgery devices market are concentrating on creating technologically superior devices such as the Surgical Bipolar Energy Device in EMEA to improve surgical accuracy, patient results, and decrease recovery periods. The Surgical Bipolar Energy Device in the EMEA sphere is constructed to supply accurate hemostasis and tissue severing during surgical operations, leveraging an electric current between two electrodes. For instance, Olympus Corporation, a Japan-based entity, unveiled its Surgical Bipolar Energy Device in EMEA in May 2023, celebrated for its medical technology, imaging, and life science product innovations. The Surgical Bipolar Energy Device in the EMEA territory is designed to precisely execute hemostasis and tissue severing during surgical operations, incorporating advanced features like adaptable power settings for ideal energy transmission, built-in safety techniques to avoid thermal destruction, and ergonomic layouts for heightened manoeuvrability.
Who Are the Key Players in the Bariatric Surgery Devices Market?
Major companies operating in the bariatric surgery devices market include:
• Medtronic Plc
• Johnson & Johnson
• Apollo Endosurgery Inc.
• Intuitive Surgical Inc.
• Aspire Bariatrics Inc.
• ReShape Lifesciences Inc.
• Cousin Biotech
• USGI Medical Inc.
• TransEnterix Inc.
• Olympus Corporation
• Spatz FGIA Inc.
• GI Dynamics Inc.
• Mediflex Surgical Products
• Bariatric Solutions GmbH
• W. L. Gore & Associates Inc.
• Mediflex Surgical Products
• Conmed Corporation
• Standard Bariatrics Inc.
• Covidien Plc
• EndoGastric Solutions Inc.
• Abbott Laboratories
• Boston Scientific Corporation
• Fujifilm Holdings Corporation
• Stryker Corporation
• Smith & Nephew Plc
What are the Regional Insights into the Bariatric Surgery Devices Market?
North America was the largest region in the bariatric surgery devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bariatric surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
