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U.S. Bariatric Surgery Devices Market

Report ID: FBI 5272

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Published Date: Aug-2024

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Format : PDF, Excel

Market Outlook

The U.S. Bariatric Surgery Devices Market is expected to witness significant growth in the coming years, driven by the increasing prevalence of obesity in the country. The rising awareness about the health risks associated with obesity and the growing demand for minimally invasive surgical procedures are also contributing to the market's growth. Additionally, technological advancements in bariatric surgery devices are further fueling market expansion.

Market Dynamics

Bariatric Surgery Devices Market

Largest Region

North America

36% Market Share in 2023

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Two key growth drivers for the U.S. Bariatric Surgery Devices Market include the growing adoption of bariatric surgery as an effective treatment for obesity and related health conditions, as well as the increasing investment in research and development by major market players to introduce innovative products. On the other hand, two major industry restraints are the high cost associated with bariatric surgery procedures and devices, which may limit market penetration, and the stringent regulatory requirements for the approval of bariatric surgery devices, leading to a longer time-to-market for new products.

Segment Analysis

The U.S. Bariatric Surgery Devices Market can be segmented based on type of devices, including adjustable gastric banding systems, gastric balloons, gastric emptying systems, and gastric bypass systems, among others. The gastric bypass systems segment is expected to hold a significant market share due to the high efficacy of these devices in weight loss and the increasing demand for minimally invasive surgical options. Additionally, the adjustable gastric banding systems segment is also anticipated to witness substantial growth, driven by the rising preference for reversible weight loss procedures.

Competitive Landscape

The U.S. Bariatric Surgery Devices Market is highly competitive, with key players such as Medtronic, Johnson & Johnson, Apollo Endosurgery, and Ethicon dominating the market. These companies are focusing on strategic partnerships, acquisitions, and product launches to strengthen their market presence and expand their product portfolio. Additionally, the market is witnessing a growing trend of technological collaborations between device manufacturers and healthcare providers to offer advanced bariatric surgery solutions to patients.

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Bariatric Surgery Devices Market Size & Share, By ...

RD Code : 24