Exploring the Global Bariatric Surgery Devices Market

Bariatric surgery devices are medical devices used in the treatment of obesity. Bariatric surgery is an effective weight loss solution for individuals with a BMI of 40 or higher, or for individuals with a BMI of 35 or higher with related medical conditions such as type 2 diabetes or high blood pressure. The global bariatric surgery devices market has seen significant growth in recent years, driven by the rising prevalence of obesity and related health issues, as well as advances in medical technology.

According to the World Health Organization (WHO), more than 650 million adults worldwide were classified as obese in 2016. This represents a significant increase from previous years and has resulted in a growing demand for bariatric surgery devices. In addition to the increasing prevalence of obesity, other factors driving growth in the bariatric surgery devices market include rising awareness about the benefits of bariatric surgery, improvements in surgical techniques, and the introduction of new devices.

The global bariatric surgery devices market can be segmented into two categories: surgical instruments and accessories, and implanted devices. Surgical instruments and accessories include staplers, trocars, and suction irrigation devices, while implanted devices include gastric bands, gastric balloons, and electrical stimulation systems. The largest segment of the market is the gastric band segment, which accounted for the majority of the revenue in 2020. However, the gastric balloon segment is expected to see the highest growth in the coming years due to its non-invasive nature and growing patient preference for non-surgical options.

The market for bariatric surgery devices is highly competitive, with a number of major players operating in the industry. Key players include Johnson & Johnson, Medtronic, Allergan, and Apollo Endosurgery, among others. These companies compete on factors such as product quality, innovation, and pricing. Many smaller players also operate in the market, offering specialized devices and services.

The global bariatric surgery devices market is geographically divided into North America, Europe, Asia-Pacific, and the rest of the world. North America is the largest market for bariatric surgery devices, due in part to the high prevalence of obesity in the region. Europe is the second-largest market, followed by the Asia-Pacific region.