Bariatric Surgeries Market to grow at a Robust Rate by 2026
Bariatric Surgeries Market Outlook 2019-2026:
Global Bariatric
Surgeries Market key players are Allergan Inc., Medtronic Plc., Johnson
& Johnson, Intuitive Surgical Inc., GI Dynamics Inc., TransEnterix Inc.,
USGI Medical Inc., SemiLEDs Ltd., Cousin Biotech, and Mediflex Surgical
Procedures.
Bariatric surgeries are used for weight loss
by decreasing the distending capacity of stomach to accommodate food with the
process of gastric restriction and malabsorption. These surgeries are performed
by use of minimally invasive techniques. There are various types of bariatric
surgeriesgastric bypass, gastric sleeve surgery, also called sleeve
gastrectomy, and laparoscopic adjustable gastric band. Surgeons also use a
fourth operation, biliopancreatic diversion with duodenal switch, sometimes. In
current scenario, number of bariatric surgeries have increased from 158,000 in
2011 to 196,000 in 2015. This increase in number of bariatric surgeries clearly
show the growth in demand for bariatric surgery procedures worldwide, which
thereby fuels the market growth.
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Increased prevalence of sedentary lifestyle
& obesity, availability of surgeons specialized in bariatric surgical
techniques, and its minimally invasive nature, which helps the patients adopt
the surgeries without apprehension fuels the market growth. However, the high
cost and risk of postsurgical complications such as internal hernia, blood
clot, and dumping syndrome hamper the growth. Furthermore, increase in adoption
of these surgeries in the emerging markets offer lucrative opportunities for
market growth.
The global bariatric surgery market is
segmented on the basis of device, procedure, and geography. Based on device, it
is classified into stapling devices, gastric bands, and gastric balloons. Based
on procedure, it is categorized into gastric bypass surgery, sleeve gastrectomy
surgery, gastric banding surgery, and others.
By geography, it is analyzed across North
America, Europe, Asia-Pacific, and LAMEA.
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Key Benefits
- The study provides an in-depth analysis of the global
bariatric surgery market, with current trends and future estimations to
elucidate the imminent investment pockets.
- It presents a quantitative analysis from 2016 to 2023
to enable the stakeholders to capitalize on prevailing market
opportunities.
- Key players are profiled and their strategies are
analyzed thoroughly, which predict the competitive outlook of the market.
- By geography, the market is analyzed based on various
regions such as North America, Europe, Asia-Pacific, and LAMEA.
- Extensive analysis of the market assists in
understanding the availability of various forms of devices used in
bariatric surgery.
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