Bariatric Devices Market Buoyed by Rising Public Awareness Regarding Bariatric Surgeries

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Spurred by Invasive Procedure Demand & Sedentary Lifestyle Choices, the Bariatric Devices Market is Expected to Register Significant Growth Till 2022.

Bariatric surgery can be described as a set of procedures performed on patients who are suffering from severe obesity. These FDA approved weight loss procedures are achieved through the reduction of gut or cutting off a part of the stomach. Other weight loss surgery options include altering the direction of the small intestine. Various research studies have proved that obesity surgery results in long-term weight reduction and reduces the risk of contracting a cardiovascular disease. Weight loss procedures are undertaken by people who have a Body Mass Index (BMI) of 40. The latest guidelines indicate an individual with a BMI in excess of 30 can undergo surgical weight loss. Hence, the Bariatric Devices Market is in an excellent position to undergo significant growth during the forecast period of 2016-2022.

Scope & Regional Forecast of the Bariatric Devices Market

The Bariatric Devices Market has been aided by the fact that obesity is such a visual and prevalent problem. Now more than ever, the general public is aware about stomach reduction surgery procedures. With a reduction in bariatric surgery cost, a significant amount of demand has been registered for less or non-invasive weight loss procedures. Government initiatives are also making more people aware about the need to maintain a healthy diet and the respective corrective measures if in trouble.

After a few years of observation, the Bariatric Devices Market has come to the conclusion that 95% of all bariatric surgeries are invasive. The demand for invasive procedures is set to exhibit a CAGR of 17% till 2022. Despite having several advantages, non-invasive procedure demand is expected to take a little time to develop. Once technology improves, its benefits are expected to be too good to pass on.

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Segmentations & Key Players Involved in the Bariatric Devices Market

The Bariatric Devices Market can be broken down into various segmentations on the basis of –

Type: Invasive and Less/Non-Invasive.

Procedure: Restriction Surgery, Combined Surgery and Malabsorptive Procedures.

Cause: Calorie Intake, Hereditary, Disease or Disorders and Others.

Device: Gastric Banding, Gastric Bypass, Sleeve Gastrectomy and Laparoscopic Graspers.

Geographical Location: North America, Europe, Asia-Pacific and Rest of the World.

Some of the key players involved in the Bariatric Devices Market are as follows:

  • Gi Dynamics, Inc.

  • Helioscopie Medical

  • Johnson & Johnson

  • Medtronic

  • Metacure

  • Olympus Corporation

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* The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.

* The study includes the demand of this particular market on a global and regional scale for a six year period of 2016 – 2022, to assess how the market will develop.

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