Obesity is a medical condition which occurs due to excessive fat accumulation leading to adverse effect on health. Few of the prime reason for obesity are excessive food intake, less physical exercise and genetic susceptibility. According to the World Health Organization (WHO), the body mass index (BMI) greater than or equal to 25-30 kg/m_ is known as overweight, and BMI greater than or equal to 30 kg/m_ is considered as obesity. According to the WHO, globally, around 1.8 billion adults are overweight, and around 600 million of them were obese in 2014. In addition, around 40 million children below the age of five years were overweight. Bariatric surgery is one of the best treatment option for obesity and overweight.
Scope of the Report:This report studies the Bariatric Surgical Procedures market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Bariatric Surgical Procedures market by product type and applications/end industries.
Increasing obese population due to the rise in lifestyle diseases and sedentary lifestyle is one of the key factors to drive the global bariatric surgical procedures market over the forecast period 2017-2027. Similarly, growing trend of body toning and grooming therapy would have a greater importance on the aesthetic appearance leading to the market growth. Furthermore, increasing healthcare expenditure for obesity management, strategic collaborations among devices manufacturers and bariatric surgery service providers are is also anticipated to fuel the growth of this market over the forecast period. The increasing spending on healthcare per capita for quality patient care and various advanced treatments also boost the growth of the global bariatric surgical procedure market. However, the post-surgical complications and the cost associated with bariatric surgery might hamper the growth of the global bariatric surgical procedures market. On the other hand, the availability of weight management medications and other alternatives might lead to the decreasing growth rate of the market.
The global Bariatric Surgical Procedures market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Bariatric Surgical Procedures.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers Medtronic
Intuitive Surgical
Allergan
Johnson and Johnson
Mediflex
TransEnterix
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Gastric Bypass Surgery
Adjustable Gastric Banding Surgery
Gastric Sleeve Surgery
Duodenal Switch Surgery
Others
Market Segment by Applications, can be divided into Hospitals
Clinics
Ambulatory Surgical Centers
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
