Global Obesity Surgery Devices Market Size, Share & Trends Analysis Report, By Device Type (Adjustable Gastric Bands, Clip Appliers, Intragastric Balloons, Surgical Staples, and Others), By Procedure (Gastric Bypass Surgery, Sleeve Gastrectomy Procedure, Gastric Banding Surgery, and Others), Forecast (2022-2028)

The global obesity surgery devices market is anticipated to grow at a CAGR of 6.0% during the forecast period (2022-2028). The key factor augmenting the demand for these devices include a substantial number of overweight and obese population all over the globe. As per the World Health Organization (WHO), in June 2021, nearly 2.8 million mortalities were attributed to the underlying cause which include overweight or obesity. Adding to this, in 2021, nearly 115 million individuals were suffering from obesity-related ailments in developing countries, as per the same source. Therefore, there is an increased demand for obesity related surgeries among the global population to maintain normal body weight. This is further likely to augment the demand for obesity surgery devices, thereby driving its market growth.

 

In addition, the rising awareness regarding obesity as an underlying cause of various other ailments and chronic diseases including hypertension, cardiovascular diseases, and diabetes, among others, is further likely to drive the growth of obesity surgery devices. As per the International Diabetes Federation (IDF), the total adult population in the US with diabetes was 31 million in 2019 while in Canada, it was 2.8 million. The US has the largest population of children and adolescents with type 1 diabetes (175,900). Majority of these cases are the result of obesity being the primary factor. Further, obesity poses huge healthcare burden on the healthcare authorities all over the globe. This is also anticipated to be the key driving factor for obesity surgery devices.

 

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Device Type
  • By Procedure
• Regions covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape: Johnson & Johnson Services, Inc., Medtronic plc, and TransEnterix Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

 

Global Obesity Surgery Devices Market Report by Segment

By Device Type

• Adjustable Gastric Bands
• Clip Appliers
• Intragastric Balloons
• Surgical Staples
• Others

By Procedure

• Gastric Bypass Surgery
• Sleeve Gastrectomy Procedure
• Gastric Banding Surgery
• Others

Global Obesity Surgery Devices Market Report by Region

North America

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

 

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

 

Rest of the World

• Latin America
• Middle East and Africa