Bariatric Surgery Devices
Bariatric Surgery Devices Market by Device (Gastric Balloon, Gastric Band, Surgical Stapler), Procedure (Adjustable Gastric Banding, Biliopancreatic Diversion with Duodenal Switch, Gastric Bypass), End User - Global Forecast 2024-2030
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[181 Pages Report] The Bariatric Surgery Devices Market size was estimated at USD 1.98 billion in 2023 and expected to reach USD 2.13 billion in 2024, at a CAGR 7.61% to reach USD 3.32 billion by 2030.

The bariatric surgery devices market comprises medical devices used in weight loss surgeries, which are performed on patients with obesity. Bariatric surgeries are typically considered when other weight loss methods, such as dieting, exercise, and medication, have not been successful. These devices include gastric bands, gastric bypass devices, gastric balloons, sleeve gastrectomy devices, and other related surgical instruments. The rising incidence of comorbid conditions associated with obesity, such as diabetes, hypertension, and cardiovascular diseases, significantly increases the need for bariatric surgery as an effective treatment approach. However, the high cost of bariatric surgery and concerns over the long-term effectiveness and potential complications of the procedures may dissuade patients from opting for surgery. Additionally, stringent regulatory frameworks and the need for rigorous clinical trials to prove the efficacy and safety of new devices can delay their introduction to the market. Furthermore, the market for bariatric surgery devices presents opportunities, including the development of minimally invasive and non-invasive surgical devices that reduce patient recovery time and risk of complications. Innovation in device technology, such as smart implants with monitoring capabilities, and expanding insurance coverage for bariatric procedures offer new growth prospects for market players.

Regional Insights

In the Americas, particularly the United States and Canada, obesity rates have continued to rise, making bariatric surgery a crucial option for weight loss. Market research indicates that both consumer needs and purchasing behaviors are heavily influenced by the prevalence of obesity-related disorders, healthcare policies that influence insurance coverage for such surgeries, and increased awareness about bariatric procedures. European Union (EU) countries exhibit a growing need for bariatric surgery, driven by rising obesity rates and increased acceptance of surgical interventions. Within the EU, countries exhibit different levels of market maturity, affected by healthcare system structures, reimbursement policies, and cultural attitudes towards obesity surgery. In the Middle East, countries such as Saudi Arabia and the United Arab Emirates demonstrate an increasing need for bariatric surgery devices fueled by a high prevalence of obesity and diabetes. Societal focus on aesthetics and lifestyle improvements contribute to the demand for various surgical procedures, including bariatric surgeries. In APAC, the aging population and shifting dietary patterns contribute to growing obesity rates, which, in turn, fuel the bariatric surgery devices market. Moreover, government initiatives in the region aim to improve access to bariatric surgery among more significant parts of the population, indicating potential market expansion.

Bariatric Surgery Devices Market
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Market Dynamics

The market dynamics represent an ever-changing landscape of the Bariatric Surgery Devices Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Rising Availability and Preference for Minimally Invasive Techniques
    • Increasing Obesity and Overweight among Population
    • Favorable Government Expenditure for Bariatric Surgery from Developed Economies
  • Market Restraints
    • Lack of Trained Professionals in Developing Regions
  • Market Opportunities
    • Emerging Technological Advancements in Bariatric Surgery Devices
    • Increasing Reimbursement Coverage and Sponsored Bariatric Surgeries
  • Market Challenges
    • Strict Regulatory Guidelines and High Cost of the Devices
Market Segmentation Analysis
  • Device: Growing preference towards gastric balloons in minimally invasive bariatric surgery

    Gastric balloons are non-surgical devices for temporary weight loss in patients who prefer not to undergo invasive surgery. They are inserted into the stomach via an endoscopic procedure and filled with saline to create a sense of fullness, thus reducing calorie intake. Gastric bands are implantable devices that are placed around the upper portion of the stomach to create a small pouch and narrow passage into the rest of the stomach, limiting food intake and promoting a feeling of satiety. Surgical staplers close skin wounds and connect or remove parts of the bowels or lungs. They are crucial in bariatric procedures such as gastric bypass or sleeve gastrectomy to cut and seal portions of the stomach or intestines. Sutures are used to close incisions or wounds following surgery. They play a vital role in bariatric surgery by closing any incisions in the stomach or intestines following the procedure.

  • Procedure: Rising trends towards non-invasive bariatric surgery

    Adjustable Gastric Banding is a type of weight-loss surgery that involves placing a silicone band around the upper section of the stomach to create a small pouch. This procedure is reversible and is often chosen by patients who prefer a less invasive option with no stomach cutting or stapling. Biliopancreatic Diversion with Duodenal Switch (BPD/DS) is a complex procedure that involves removing a large portion of the stomach and rerouting the small intestine and is typically reserved for individuals with a BMI of over 50 or those who haven't had success with other bariatric procedures. The BPD/DS is highly effective for weight loss and can result in significant improvement of obesity-related conditions. The Gastric Bypass, specifically the Roux-en-Y Gastric Bypass, is a commonly performed bariatric surgery where a small stomach pouch is created and connected to the middle part of the small intestine, bypassing a large part of the stomach and duodenum. This procedure is especially beneficial for patients with gastroesophageal reflux disease or type 2 diabetes. The Mini-Gastric Bypass is a variation of the traditional gastric bypass, involving a longer pouch and a loop connection to the small intestine. It is gaining popularity due to its technical simplicity, shorter operating time, and similar weight loss outcomes. Non-invasive bariatric Surgery comprises procedures including intragastric balloon placement and endoscopic sleeve gastroplasty. These options are usually for patients seeking less invasive weight loss methods that do not require permanent anatomical changes. Revision Bariatric Surgery is performed to modify or correct a previous bariatric surgery that has resulted in complications or has not achieved the desired level of weight loss. The need for revision surgeries arises from procedural complications or inadequate weight loss/maintenance. Sleeve Gastrectomy removes approximately 80% of the stomach, leaving a tubular pouch that limits food intake and reduces hunger hormone levels. This procedure is favored for its relative simplicity, effectiveness, avoidance of foreign bodies, and bypassing complexities.

  • End User: Rising demand for bariatric surgery devices from hospitals due to the complexity and range of procedures performed

    Ambulatory surgery centers (ASCs) are healthcare facilities that provide same-day surgical care, including diagnostic and preventive procedures. The need for bariatric surgery devices in ASCs is predicated on the demand for lower-cost, high-quality care settings for outpatient procedures. ASCs typically prefer bariatric devices that are cost-effective, easy to use, with quick turnover times, and that require minimal postoperative care since patients are discharged the same day. Clinics offering bariatric surgery services often cater to initial consultations, follow-up appointments, and sometimes smaller, less invasive bariatric procedures. They prefer devices that are versatile and suitable for various outpatient interventions. Hospitals are typically the most comprehensive settings for bariatric surgery due to the availability of a full range of services, including emergency care, intensive care for high-risk patients, and accommodations for extended stays. Hospitals thus require a full suite of bariatric surgery devices, from basic surgical tools to highly advanced robotic systems and devices that aid in patient recovery and monitoring.

Market Disruption Analysis

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Bariatric Surgery Devices Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Bariatric Surgery Devices Market.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Bariatric Surgery Devices Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Value Chain & Critical Path Analysis

The value chain of the Bariatric Surgery Devices Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

Pricing Analysis

The pricing analysis comprehensively evaluates how a product or service is priced within the Bariatric Surgery Devices Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Bariatric Surgery Devices Market.

Technology Analysis

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Bariatric Surgery Devices Market.

Patent Analysis

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Bariatric Surgery Devices Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

Trade Analysis

The trade analysis of the Bariatric Surgery Devices Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

Regulatory Framework Analysis

The regulatory framework analysis for the Bariatric Surgery Devices Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Bariatric Surgery Devices Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Bariatric Surgery Devices Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments
  • ReShape Lifesciences Receives FDA PMA Supplement Approval for its Next-Generation Lap-Band 2.0 FLEX

    ReShape Lifesciences, a developer of minimally invasive medical devices to treat obesity and metabolic diseases, has received FDA PMA supplement approval for its ReShape Vest System outside the United States. This vital endorsement marks a significant milestone for the company, enabling it to provide an innovative surgical option to people struggling with obesity beyond US borders. The ReShape Vest, an adjustable gastric device, facilitates weight loss in patients without permanently altering their anatomy. [Published On: 2023-12-12]

  • Medtronic will Distribute Allurion’s Swallowable Weight-Loss Balloon

    Medtronic unveils plans to procure innovative non-surgical weight loss technologies from Allurion Technologies. Allurion has distinguished itself in the obesity treatment landscape with its novel, ingestible gastric balloon that promises patients weight loss without invasive surgery. Medtronic's strategic move aims to integrate Allurion's breakthrough product into its already diverse portfolio, reinforcing its presence in the bariatric sector and offering comprehensive solutions to tackle obesity. [Published On: 2023-06-22]

  • AdventHealth Redmond Launches New Metabolic and Bariatric Surgery Program

    AdventHealth Redmond announced the initiation of a comprehensive Metabolic and Bariatric Surgery Program, highlighting their dedication to offering advanced healthcare services. This new initiative is poised to deliver a robust spectrum of treatments for individuals grappling with obesity, enhancing their overall health. The program integrates a multidisciplinary approach, encompassing pre-surgical counseling, sophisticated surgical procedures, and meticulous post-operative care. [Published On: 2023-04-05]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Bariatric Surgery Devices Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Bariatric Surgery Devices Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, Allurion S.a.s., AMI GmbH, Apollo Endosurgery, Inc., Asensus Surgical, Inc., B. Braun SE, BIOTRONIK SE & Co KG, Boston Scientific Corporation, CONMED Corporation, Cousin Biotech, Edwards Lifesciences, Geyi Medical Instrument, GI Dynamics Inc., Grena Ltd., Integra LifeSciences Corporation, Intuitive Surgical Inc., Johnson & Johnson Private Limited, Mediflex Surgical Products, Medtronic PLC, Olympus Corporation, ReShape Lifesciences, Inc., Spatz FGIA, Inc., Standard Bariatrics, Inc., Stryker Corporation, USGI Medical Inc., and Zimmer Biomet Holdings, Inc..

Bariatric Surgery Devices Market - Global Forecast 2024-2030
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Market Segmentation & Coverage

This research report categorizes the Bariatric Surgery Devices Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Device
    • Gastric Balloon
    • Gastric Band
    • Surgical Stapler
    • Sutures
  • Procedure
    • Adjustable Gastric Banding
    • Biliopancreatic Diversion with Duodenal Switch
    • Gastric Bypass
    • Mini-Gastric Bypass
    • Non-Invasive Bariatric Surgery
    • Revision Bariatric Surgery
    • Sleeve Gastrectomy
  • End User
    • Ambulatory Surgery Centers
    • Clinics
    • Hospitals

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Bariatric Surgery Devices Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Bariatric Surgery Devices Market, by Device
  7. Bariatric Surgery Devices Market, by Procedure
  8. Bariatric Surgery Devices Market, by End User
  9. Americas Bariatric Surgery Devices Market
  10. Asia-Pacific Bariatric Surgery Devices Market
  11. Europe, Middle East & Africa Bariatric Surgery Devices Market
  12. Competitive Landscape
  13. Competitive Portfolio
  14. List of Figures [Total: 22]
  15. List of Tables [Total: 296]
  16. List of Companies Mentioned [Total: 26]
Bariatric Surgery Devices: A Solution to the Increasing Obesity and Overweight among Population
December 15, 2023
BLOG
Bariatric Surgery Devices: A Solution to the Increasing Obesity and Overweight among Population
The rate of obesity and overweight continues to rise at an alarming rate, and it seems like we have been unable to find a permanent solution to the problem. However, Bariatric surgery devices have recently emerged as a reliable solution. By reducing the size of the stomach, the devices help patients consume less food, aiding in weight loss.

Bariatric surgery devices are medical devices that aid in weight loss by reducing stomach size. These devices include intragastric balloons, gastric bands, sleeve gastrectomy, and gastric bypasses. These devices are designed to assist people who are struggling with obesity and, in some cases, can aid in reversing weight-related ailments such as type 2 diabetes and high blood pressure.

Intragastric balloons are made of soft, expandable silicone placed in the patient's stomach through a surgical process. The balloon reduces the space in the stomach, making it hard for the patient to consume large amounts of food. Usually, the balloon is removed after six months or so. Gastric bands, on the other hand, are bands that are placed around the upper part of the stomach. The band is adjustable, and the healthcare providers can regulate the stomach size according to the patient's requirements.

Sleeve Gastrectomy and Gastric Bypass are permanent solutions that require drastic changes in the digestive system. During sleeve gastrectomy, a significant part of the stomach is removed, which reduces the amount of food the stomach can hold. The surgery also reduces the amount of ghrelin - the hormone that triggers hunger - produced in the stomach. During Gastric Bypass, a small part of the stomach is connected to the small intestines, directly bypassing the rest of the stomach.

Bariatric surgery devices are not a miracle solution to obesity; the devices require dedicated lifestyle changes to achieve long-lasting weight loss. They are best suited for people with a BMI of 40 or more or those who have failed to lose weight through any other means. The devices have been said to produce long-lasting weight loss, with some patients shedding up to 60% of their original body weight through the surgery.

Bariatric surgery devices have revolutionized the way we approach weight loss, and they provide an excellent solution to the problem of increasing obesity and overweight in society. These devices come in various forms, from temporary balloon inserts to significant surgical operations. However, as effective as these devices aid in weight loss, they require lifestyle changes, like a balanced diet and exercise, to maintain significant weight loss. If you are considering getting a bariatric surgery device, consult your healthcare provider to understand the best solution.

Frequently Asked Questions
  1. How big is the Bariatric Surgery Devices Market?
    Ans. The Global Bariatric Surgery Devices Market size was estimated at USD 1.98 billion in 2023 and expected to reach USD 2.13 billion in 2024.
  2. What is the Bariatric Surgery Devices Market growth?
    Ans. The Global Bariatric Surgery Devices Market to grow USD 3.32 billion by 2030, at a CAGR of 7.61%
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