Bariatric Surgery Devices Market 2022: Global Industry Analysis by Top Manufacturers with Size, Share, Segments, Drivers and Challenges

BySanket Badgujar
Market Research-b35723ff

The Bariatric Surgery Devices Market is expanding gradually, with a CAGR of 6.2% predicted for the years 2022-2032.

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Bariatric Surgery Devices Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2021 along with the key takeaways over the forecast period.  

Impact of COVID-19 on the Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years. 

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The team of analysts at Future Business Insights are focussing on research and market study to produce different Bariatric Surgery Devices Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Bariatric Surgery Devices Market. 

What are the Main Factors Affecting the Market Development for Bariatric Surgery Devices?

The market for bariatric surgical devices is thought to be primarily driven by the increased prevalence of obesity situations. The market for bariatric surgery equipment is anticipated to increase as the obsess population becomes more aware of the issue. Other factors influencing the growth of the market for bariatric surgery equipment include the availability of surgeons trained in bariatric surgical methods. Due to the increased demand for bariatric procedures, both experienced and newly trained medical surgeons are honing and qualifying their surgical techniques. As a result, there is an increase in demand for bariatric surgery equipment. preventing dangers associated with obesity

Access to surgeons trained in bariatric surgical procedures

Due to the increased demand for bariatric procedures, both experienced and newly trained medical surgeons are honing and qualifying their surgical techniques. As a result, there is an increase in demand for bariatric surgery equipment.

Preventing dangers associated with obesity

Obese patients are at an increased risk of developing diabetes, hypertension, gastric reflux diseases, and blood pressure difficulties. The need for bariatric surgery equipment has greatly increased because the operations are meant to avoid the development of these disorders.

Less cutting techniques

Lower incisions are required for some bariatric procedures, such the small sleeve gastrectomy, which allows patients undergo the procedures without fear. Hospitals and weight-loss clinics use bariatric surgery equipment more as a result.

Key Players  

Johnson & Johnson, Covidien Plc, Cousin Biotech, and Pare Surgical, Inc., among others are the some of the key companies in the global bariatric surgery devices market. Pharmaceutical and medical devices leaders such as Medtronic has launched flagship devices for sleeve gastrectomy, indicating the positive expansion of the global market. The government funding is also playing a major role in providing manufacturers with the capital required to produce enhanced devices for bariatric surgeries.

Segmentation        

The global market for bariatric surgery devices can be segmented on the basis the type of

  • bariatric surgery
  • device used

Based on the different kinds of bariatric surgery procedures, the market is classified into,

  • Gastric Bypass Surgery
  • Sleeve Gastrectomy Surgery
  • Gastric Banding Surgery
  • Others

By device-type, the global market is further segmented into,

  • Stapling Devices
  • Gastric Bands
  • Gastric Balloons

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern
  • Asia Pacific
  • Japan
  • Middle East and Africa

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