Growing Prevalence of Obesity Worldwide Driving the Demand for Bariatric Surgery Devices
A new report from Industry Experts Inc, on "Bariatric Surgery Devices", reveals that the global Bariatric Surgery Devices market is estimated at US$2 billion in 2024 and is expected to record a CAGR of 6.4% during the 2024-2030 analysis period and stand at a projected US$2.9 billion by 2030.
The Bariatric Surgery Devices market's growth is driven by several key factors. A major driving force is the increasing acceptance of bariatric surgery, fueled by its effectiveness in enhancing the physical appearance and health outcomes of obese individuals. The growing prevalence of obesity, linked to sedentary lifestyles, poor eating habits, and related comorbidities like cardiovascular disease and diabetes, is also fueling demand. Technological advancements, including minimally invasive procedures, AI, robotics, and non-invasive techniques, have made surgeries safer and more efficient, expanding patient eligibility.
North America holds the largest market share of 36.5% in 2024, due to high obesity rates, advanced healthcare infrastructure, and early adoption of minimally invasive procedures. The region’s market dominance is further strengthened by the significant presence of leading industry players and robust reimbursement policies. Conversely, the Asia-Pacific region is projected to register the fastest CAGR of 8.5% from 2024 to 2030, fueled by rising obesity rates, urbanization, and increasing disposable incomes. Notably, India holds the largest market share within this region, while China is the fastest-growing market.
The report analyzes the global bariatric surgery devices market covering the major regions including North America (The United States, Canada, and Mexico), Europe (Germany, France, Netherlands, Italy, Russia, United Kingdom, Spain, and Rest of Europe), Asia-Pacific (Japan, China, India, Australia, South Korea, and Rest of Asia-Pacific), South America (Brazil, Argentina, and Rest of South America) and Rest of World.
Bariatric surgery devices market studied in this report with respect to Type – Minimally Invasive Surgical Devices (Stapling Devices, Energy/Vessel Sealing Devices, Suturing Devices, Gastric Bands and Others {Including Robotic Systems and Accessories}); and Non-Invasive Surgical devices (Gastric Balloons, Gastric Emptying Systems and Gastric Electrical Stimulators {GES}); Procedure – Sleeve Gastrectomy, Roux-en-Y Gastric Bypass (RYGB), One Anastomosis Gastric Bypass (OAGB), Adjustable Gastric Band (AGB), Biliopancreatic Diversion with Duodenal Switch (BPD/DS), Revision Bariatric Surgery and Non-Invasive Bariatric Surgery; and End-User – Hospitals, Specialty Clinics and Ambulatory Surgical Centers (ASCs).
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