Bariatric Surgery Devices Market Size & Share, By Product Insights (Minimally Invasive Surgical Devices, Non-Invasive Surgical Devices), Procedure (Noninvasive Bariatric Surgery, Sleeve Gastrectomy, Gastric Bypass, Rivision Beriatric Surgery, Mini-gastric Bypass), Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Market Outlook:

Bariatric Surgery Devices Market was over USD 1.8 Billion in 2023 and is anticipated to surpass USD 3.2 Billion by end of the year 2032, growing at over 6.6% CAGR between 2024 and 2032.

• Base Year Value (2023): USD 1.8 Billion
• CAGR (2024-2032): 6.6%
• Forecast Year Value (2032): USD 3.2 Billion
• Historical Data Period: 2019-2023
• Largest Region: North America
• Forecast Period: 2024-2032

Market Dynamics:

Growth Drivers & Opportunity:

One of the significant growth drivers for the bariatric surgery devices market is the increasing prevalence of obesity worldwide. The rising rates of obesity, especially in developed regions, have led to higher demand for effective solutions, such as bariatric surgery, to combat this health crisis. This trend is further fueled by growing awareness among patients regarding the health risks associated with obesity, which include diabetes, heart disease, and certain cancers. As healthcare systems acknowledge the need for better weight management solutions, investments in bariatric surgery devices are likely to rise, enhancing market growth.

Technological advancements in surgical devices represent another crucial growth driver. Innovations such as minimally invasive techniques, robotic-assisted surgeries, and enhanced laparoscopic tools have improved surgical outcomes and reduced recovery times for patients. These advancements have made bariatric procedures safer and more appealing, leading to increased patient acceptance and preference. As more healthcare providers adopt these cutting-edge technologies, the market for bariatric surgery devices is expected to experience significant expansion.

The growing emphasis on preventive healthcare and lifestyle management also contributes to the market's growth. Governments and health organizations worldwide are implementing programs aimed at reducing obesity rates and promoting healthy living, which includes providing access to surgical weight loss options. This proactive approach encourages more patients to consider bariatric surgery as a viable alternative for long-term weight management. Consequently, increased support from public health initiatives will likely drive demand for bariatric surgery devices in the foreseeable future.

Report Scope

Report Coverage	Details
Segments Covered	Product Insights, Procedure
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Allergan, Covidien Plc, Johnson and Johnson, Intuitive Surgical, GI Dynamics, TransEnterix, USGI Medical, Semiled., Cousin Biotech, Mediflex

Industry Restraints:

Despite the positive growth prospects, the bariatric surgery devices market faces several restraints. One primary challenge is the high cost of bariatric procedures and the associated devices. As these surgeries often require significant financial investment, many patients may find them unaffordable, particularly if insurance coverage is limited or unavailable. This financial barrier can deter potential candidates from pursuing bariatric surgery, hindering market growth.

Moreover, another significant challenge is the potential risk of complications associated with bariatric surgeries. Patients may experience postoperative complications such as infections, nutritional deficiencies, or even mortality in rare cases. These risks can lead to hesitancy among patients considering these procedures and may result in increased scrutiny from regulatory bodies. As a result, the uncertainty surrounding safety and patient outcomes may restrain the growth of the bariatric surgery devices market, limiting its appeal to both patients and healthcare providers.

Regional Forecast:

North America:

The North America bariatric surgery devices market is expected to experience significant growth due to the rising prevalence of obesity in the United States and Canada. The increasing awareness about the benefits of bariatric surgery in treating obesity-related health issues is driving the demand for bariatric surgery devices in the region. The U.S. holds the largest market share in North America, followed by Canada.

Asia Pacific:

The Asia Pacific bariatric surgery devices market is also witnessing growth, particularly in countries like China, Japan, and South Korea. The increasing disposable income and changing lifestyle habits leading to a rise in obesity rates are fueling the demand for bariatric surgery devices in the region. China is expected to dominate the market in Asia Pacific, followed by Japan and South Korea.

Europe:

In Europe, countries like the United Kingdom, Germany, and France are experiencing a steady growth in the bariatric surgery devices market. The increasing government initiatives to curb obesity and improve public health are driving the demand for bariatric surgery devices in these countries. Germany is expected to lead the market in Europe, followed by the United Kingdom and France.

Segmentation Analysis:

In terms of segmentation, the global Bariatric Surgery Devices market is analyzed on the basis of Product Insights, Procedure.

Bariatric Surgery Devices Market

Minimally Invasive Surgical Devices:

The segment of minimally invasive surgical devices is expected to witness significant growth in the bariatric surgery devices market. These devices offer advantages such as shorter recovery times, less pain, and reduced scarring for patients undergoing bariatric procedures. The adoption of minimally invasive surgical devices is increasing as healthcare providers strive to enhance patient outcomes and minimize complications associated with invasive surgeries.

Non-Invasive Surgical Devices:

Non-invasive surgical devices are also gaining traction in the bariatric surgery devices market. These devices offer alternative treatment options for patients who may not be suitable candidates for traditional surgical procedures. Non-invasive devices use innovative technologies such as endoscopy and intra-gastric balloons to help patients achieve weight loss goals without undergoing invasive surgery. The demand for non-invasive surgical devices is expected to rise as patients seek less invasive treatment options for obesity.

Procedure Insights:

Noninvasive Bariatric Surgery:

Noninvasive bariatric surgery procedures involve techniques that do not require any incisions or surgical intervention. These procedures are typically performed endoscopically and are considered safer and less invasive options for patients with obesity. Noninvasive bariatric surgery procedures are gaining popularity due to their ability to produce effective weight loss results with minimal risk and downtime.

Sleeve Gastrectomy:

Sleeve gastrectomy is a surgical procedure that involves the removal of a large portion of the stomach to reduce its size and capacity. This procedure restricts the amount of food a person can consume, leading to weight loss. Sleeve gastrectomy is a commonly performed bariatric surgery procedure and is favored for its effectiveness in promoting sustained weight loss and improving obesity-related health conditions.

Gastric Bypass:

Gastric bypass surgery is a well-established bariatric procedure that involves rerouting the digestive tract to reduce the absorption of calories. This procedure results in significant weight loss and improvement in comorbidities such as type 2 diabetes and hypertension. Gastric bypass surgery is considered a highly effective treatment option for patients with severe obesity and metabolic disorders.

Rivision Bariatric Surgery:

Revision bariatric surgery procedures involve modifying or reversing previous bariatric surgeries to address complications or inadequate weight loss outcomes. These procedures are typically more complex than primary bariatric surgeries and require specialized devices and techniques to achieve successful results. Revision bariatric surgery is performed to optimize weight loss outcomes and improve the overall health of patients who have previously undergone bariatric procedures.

Mini-gastric Bypass:

Mini-gastric bypass is a variation of the traditional gastric bypass surgery that involves creating a longer and narrower gastric pouch to restrict food intake and promote weight loss. This procedure is less invasive than traditional gastric bypass surgery and has been shown to produce comparable weight loss results. Mini-gastric bypass is gaining popularity as a safe and effective bariatric surgery option for patients seeking sustainable weight loss and improved health outcomes.

Competitive Landscape:

The competitive landscape in the Bariatric Surgery Devices Market is characterized by the presence of several key players striving to innovate and expand their market share. The market is dominated by established companies specializing in surgical devices, alongside emerging firms that focus on technological advancements and patient safety. These companies are actively investing in research and development to enhance the efficacy and safety of bariatric procedures, as well as to reduce recovery time. Strategic collaborations, mergers, and acquisitions are common among these players to strengthen their product portfolios and geographic reach. Furthermore, the increasing prevalence of obesity and the rising awareness of bariatric surgery benefits are driving competition, leading to a dynamic market environment.

Top Market Players

- Medtronic

- Johnson & Johnson

- Intuitive Surgical

- Boston Scientific

- Zimmer Biomet

- Apollo Endosurgery

- Ethicon

- EndoGastric Solutions

- B. Braun Melsungen AG

- Cook Medical