Global Bariatric Surgery Devices market size to grow at a CAGR of 7% in 2021-2026

Bariatric Surgery Devices Market Size

SHERIDAN, WYOMING, USA, November 3, 2021 / – The global bariatric surgery devices market has shown moderate growth during the period 2015-2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026, according to the latest IMARC Group report.

Bariatric surgery devices are medical devices used for the treatment of bariatric and metabolic disorders. These devices are used for surgeries performed in the gastrointestinal tract to aid in weight loss. Electrical pacemakers, staple applicators, trocars, gastric balloons, gastric bands, and sutures are commonly used weight loss surgery devices. These devices are used to restrict food intake or limit the retention capacity of the stomach, causing an early feeling of fullness in the patient. Bariatric surgery devices also help minimize the risk of infections, prevent complications, and remove fatty tissue without affecting surrounding areas.

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The global weight loss surgery device market is primarily driven by the increasing prevalence of obesity due to the changing lifestyles and eating habits of the masses. Bariatric surgical devices are widely used to perform the surgical procedures required to treat obesity, diabetes, and various cardiovascular diseases (CVD). Additionally, the increasing adoption of sleeve gastrectomy which helps provide greater curvature and improved results with minimal pain and discomfort for the patient is driving the growth of the market. Other factors including the growing health awareness among the masses along with the growing preference for minimally invasive (MI) procedures are expected to drive the market towards growth.

Competitive landscape:

The report also analyzed the competitive landscape of the market with some of the major players being Apollo Endosurgery Inc., GI Dynamics, Intuitive Surgical Inc., Johnson & Johnson Services Inc., Medtronic Inc., Olympus Corporation, Reach Surgical Inc., Reshape Lifesciences Inc., Spatz Fgia Inc., TransEnterix Inc., USGI Medical Inc., etc.

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Market segmentation overview:

Segmentation by type of procedure:

Minimally invasive surgical procedures
Non-invasive surgical procedures

Segmentation by device type:

Assistive devices
Energy-based ship sealing devices
Suturing devices
Clip Applicators

Implantable devices
Gastric rings
Electric stimulators
Gastric balloons
Transpyloric shuttle

Segmentation by procedure:

Gastrectomy sleeve
Adjustable gastric band
Roux-en-Y gastric bypass
Biliopancreatic bypass with duodenal switch

Segmentation by application:

Hereditary illness
Other disorders

Segmentation by end user:

Bariatric surgery clinics

By region:

North America
Asia Pacific
Latin America
Middle East and Africa

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