Technological Advancements in Bariatric Surgical Devices is Anticipated to Foster the Global Bariatric Surgery Market Growth

Published: Dec 2019

The global bariatric surgery market is anticipated to grow at a considerable CAGR of 9.2% during the forecast period (2022-2028). Due to recent advances in weight loss surgery or bariatric surgery, there has been a significant improvement in the reliability of procedures. Technological advancements in bariatric surgical devices is one of the major contributor adding to the growth of global bariatric surgery market. Frequent upgradation to newer technology allows the introduction of minimally invasive bariatric surgery solutions and leads to higher accuracy. Continuous technological development in the medical field such as visualization and implantable devices, 3D imaging, gastric bands are improving the medical procedures. Recent advances in ultra-high resolution and 3D imaging allows improved visualization of operative field in minimally invasive surgery. 

Browse the full report description of “Global Bariatric Surgery Market Size, Share & Trends Analysis Report by Procedures (Biliopancreatic Diversion with a Duodenal Switch (bpd-ds), Adjustable Gastric Band Surgery, Sleeve Gastrectomy Surgery, and Gastric Bypass Surgery), by Devices (Gastric Bands, Gastric Balloons, Gastric Stapling Device, and Others), and by End-User (Hospitals and Clinics, and Ambulatory Surgical Centers) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/bariatric-surgery-market-size

These technological advancements are making bariatric surgeries inexpensive, safe, and lesser invasive, which is accelerating the growth of bariatric surgical devices market. Some major Key players are increasing investments in research & development for the development of effective and minimally invasive surgical procedures. For instance, in 2021, Olympus Corporation launched the first devices in the new Powerseal family of advanced bipolar surgical energy products. The Powerseal 5mm Curved Jaw Tissue Sealer and Divider, Double-Action devices meet the highest standards of clinical performance for advanced bipolar surgical energy devices. The Powerseal devices can be used in several forms of surgical intervention including general surgery and gynaecological, colorectal, bariatric, urological, thoracic, and more. Moreover, technological advancements in suturing devices and stapling devices considerably increase the demand for bariatric surgery devices. For instance, The Titan SGS first-of-its-kind surgical stapler design received clearance from the U.S. Food and Drug Administration1 in April 2021, allowing it to be used in bariatric surgery.

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Procedures

o By Devices

o By End-User

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Allergan, Inc., Cousin-Biotech, Medtronic PLC, Johnson & Johnson Services, Inc., Olympus Corp., ReShape Lifesciences, Inc., and others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?

How are players addressing challenges to sustain growth?

Where is the investment opportunity?

Global Bariatric Surgery Market Report Segment

By Procedures

Biliopancreatic Diversion with a Duodenal Switch (bpd-ds)

Adjustable Gastric Band Surgery

Sleeve Gastrectomy Surgery

Gastric Bypass Surgery

By Devices

Gastric Bands

Gastric Balloons

Gastric Stapling Device

Others (Adjustable Gastric Bands and Bariatric Bed)

By End-User

Hospitals and Clinics

Ambulatory Surgical Centers

Global Bariatric Surgery Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa

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