Bariatric Surgery Devices Market - Global Industry Analysis, Size, Share, Growth, Trends, & Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America & Middle East & Africa)

Description

The global bariatric surgery devices market is poised for significant growth during the period 2024-2031, according to a comprehensive report by Fairfield Market Research. The market is expected to surge from US$ 2.2 Billion in 2024 to US$ 3 Billion by 2031, driven by a range of factors and recent developments.

Impact of COVID-19 on the Bariatric Surgery Devices Market

The COVID-19 pandemic disrupted the bariatric surgery devices market, as elective surgeries were postponed or canceled to accommodate the urgent needs of COVID-19 patients. However, efforts to combat the virus and increasing investments in infrastructure and surgery scheduling are contributing to a resurgence in demand for bariatric surgery devices.

Market Dynamics

Factors Contributing to Growth: The growing prevalence of morbid obesity worldwide, including childhood obesity, is a significant driver for bariatric surgery devices. The rise in chronic diseases associated with obesity is also fueling market growth. Furthermore, the availability of skilled bariatric surgeons is boosting the adoption of these devices.

Key Challenges:

Increased product recalls and the cost of bariatric surgeries are among the primary obstacles to market growth. Post-surgical complications, such as infection and gastrointestinal issues, hinder the adoption of bariatric surgery devices.

Segmentation Outlook:

The bariatric surgery devices market is segmented by type, procedure, and region. Minimally invasive surgical devices, stapling devices, energy/vessel sealing devices, suturing devices, accessories, and non-invasive surgical devices constitute the types of devices in the market. The minimally invasive surgical devices segment is expected to have a CAGR of 3.5% through 2031, driven by the rising prevalence of obesity and the demand for fewer incisions.

Regional Analysis:

The regional analysis of the Bariatric Surgery Devices Market reveals significant trends and growth prospects in key regions. In North America, the market is expected to see substantial revenue growth due to the region's increasing obese population. The United States, in particular, is anticipated to experience steady growth with a notable Compound Annual Growth Rate (CAGR). The prevalence of obesity in the United States, projected to remain high, is contributing to a rise in chronic diseases among adults.

Furthermore, the United States has a comparatively higher acceptance rate for surgical weight-loss procedures, which is a driving factor for the bariatric surgery devices market. Increased awareness of obesity management and the presence of prominent medical device companies in the region are also contributing to market growth.

In the Asia Pacific region, growth is expected to be steady, with countries like China and Japan showing promising potential. Factors such as a growing teenage and adult population, a rising incidence of comorbidities like diabetes, an uptick in bariatric procedures, and government initiatives to combat obesity are expected to drive the expansion of the bariatric surgery devices market in this region.

Intensifying Competition

The bariatric surgery devices market is highly competitive, with companies focusing on innovation and efficiency. Recent developments in the market include:

Standard Bariatrics, Inc.'s invention of the Titan SGS™, offering surgeons the industry's longest continuous staple cutline for sleeve gastrectomy.
Apollo's FDA clearance for the use of polypropylene suture in OverStitch Endoscopic Suturing devices, leading to increased margins and reduced reliance on third parties.
Intuitive Surgical's expansion of its global presence with the opening of the MEE Commercial Centre in Freiburg (Breisgau), and Medtronic's acquisition of Digital Surgery, a player in surgical artificial intelligence, data, and analytics.

Market Segmentation

By Type

Minimally Invasive Surgical
Stapling Devices
Energy/Vessel Sealing Device
Suturing Devices
Accessories
Non-Invasive Surgical Devices

By Procedure

Sleeve Gastrectomy
Gastric Bypass
Revision Bariatric Surgery
Non-Invasive Bariatric Surgery
Adjustable Gastric Banding
Mini-gastric Bypass
Biliopancreatic Diversion with Duodenal Switch

By Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

1. Executive Summary

1.1. Global Bariatric Surgery Devices Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Bariatric Surgery Devices Market Outlook, 2018 - 2031

3.1. Global Bariatric Surgery Devices Market Outlook, by Type, Value (US$ Bn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Minimally Invasive Surgical
  - 3.1.1.2. Stapling Devices
  - 3.1.1.3. Energy/Vessel Sealing Device
  - 3.1.1.4. Suturing Devices
  - 3.1.1.5. Accessories
  - 3.1.1.6. Non-Invasive Surgical Devices
3.2. Global Bariatric Surgery Devices Market Outlook, by Procedure, Value (US$ Bn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Sleeve Gastrectomy
  - 3.2.1.2. Gastric Bypass
  - 3.2.1.3. Revision Bariatric Surgery
  - 3.2.1.4. Non-Invasive Bariatric Surgery
  - 3.2.1.5. Adjustable Gastric Banding
  - 3.2.1.6. Mini-gastric Bypass
  - 3.2.1.7. Biliopancreatic Diversion with Duodenal Switch
3.3. Global Bariatric Surgery Devices Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Bariatric Surgery Devices Market Outlook, 2018 - 2031

4.1. North America Bariatric Surgery Devices Market Outlook, by Type, Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Minimally Invasive Surgical
  - 4.1.1.2. Stapling Devices
  - 4.1.1.3. Energy/Vessel Sealing Device
  - 4.1.1.4. Suturing Devices
  - 4.1.1.5. Accessories
  - 4.1.1.6. Non-Invasive Surgical Devices
4.2. North America Bariatric Surgery Devices Market Outlook, by Procedure, Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Sleeve Gastrectomy
  - 4.2.1.2. Gastric Bypass
  - 4.2.1.3. Revision Bariatric Surgery
  - 4.2.1.4. Non-Invasive Bariatric Surgery
  - 4.2.1.5. Adjustable Gastric Banding
  - 4.2.1.6. Mini-gastric Bypass
  - 4.2.1.7. Biliopancreatic Diversion with Duodenal Switch
- 4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Bariatric Surgery Devices Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 4.3.1.2. U.S. Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 4.3.1.3. Canada Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 4.3.1.4. Canada Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Bariatric Surgery Devices Market Outlook, 2018 - 2031

5.1. Europe Bariatric Surgery Devices Market Outlook, by Type, Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Minimally Invasive Surgical
  - 5.1.1.2. Stapling Devices
  - 5.1.1.3. Energy/Vessel Sealing Device
  - 5.1.1.4. Suturing Devices
  - 5.1.1.5. Accessories
  - 5.1.1.6. Non-Invasive Surgical Devices
5.2. Europe Bariatric Surgery Devices Market Outlook, by Procedure, Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Sleeve Gastrectomy
  - 5.2.1.2. Gastric Bypass
  - 5.2.1.3. Revision Bariatric Surgery
  - 5.2.1.4. Non-Invasive Bariatric Surgery
  - 5.2.1.5. Adjustable Gastric Banding
  - 5.2.1.6. Mini-gastric Bypass
  - 5.2.1.7. Biliopancreatic Diversion with Duodenal Switch
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Bariatric Surgery Devices Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.2. Germany Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 5.3.1.3. U.K. Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.4. U.K. Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 5.3.1.5. France Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.6. France Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 5.3.1.7. Italy Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.8. Italy Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 5.3.1.9. Turkey Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.10. Turkey Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 5.3.1.11. Russia Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.12. Russia Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 5.3.1.13. Rest of Europe Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.14. Rest of Europe Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Bariatric Surgery Devices Market Outlook, 2018 - 2031

6.1. Asia Pacific Bariatric Surgery Devices Market Outlook, by Type, Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Minimally Invasive Surgical
  - 6.1.1.2. Stapling Devices
  - 6.1.1.3. Energy/Vessel Sealing Device
  - 6.1.1.4. Suturing Devices
  - 6.1.1.5. Accessories
  - 6.1.1.6. Non-Invasive Surgical Devices
6.2. Asia Pacific Bariatric Surgery Devices Market Outlook, by Procedure, Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Sleeve Gastrectomy
  - 6.2.1.2. Gastric Bypass
  - 6.2.1.3. Revision Bariatric Surgery
  - 6.2.1.4. Non-Invasive Bariatric Surgery
  - 6.2.1.5. Adjustable Gastric Banding
  - 6.2.1.6. Mini-gastric Bypass
  - 6.2.1.7. Biliopancreatic Diversion with Duodenal Switch
- 6.2.2. Others BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Bariatric Surgery Devices Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.2. China Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 6.3.1.3. Japan Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.4. Japan Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 6.3.1.5. South Korea Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.6. South Korea Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 6.3.1.7. India Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.8. India Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 6.3.1.9. Southeast Asia Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.10. Southeast Asia Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 6.3.1.11. Rest of Asia Pacific Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.12. Rest of Asia Pacific Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Bariatric Surgery Devices Market Outlook, 2018 - 2031

7.1. Latin America Bariatric Surgery Devices Market Outlook, by Type, Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Minimally Invasive Surgical
  - 7.1.1.2. Stapling Devices
  - 7.1.1.3. Energy/Vessel Sealing Device
  - 7.1.1.4. Suturing Devices
  - 7.1.1.5. Accessories
  - 7.1.1.6. Non-Invasive Surgical Devices
7.2. Latin America Bariatric Surgery Devices Market Outlook, by Procedure, Value (US$ Bn), 2018 - 2031
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Bariatric Surgery Devices Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 7.3.1.2. Brazil Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 7.3.1.3. Mexico Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 7.3.1.4. Mexico Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 7.3.1.5. Argentina Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 7.3.1.6. Argentina Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 7.3.1.7. Rest of Latin America Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 7.3.1.8. Rest of Latin America Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Bariatric Surgery Devices Market Outlook, 2018 - 2031

8.1. Middle East & Africa Bariatric Surgery Devices Market Outlook, by Type, Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Minimally Invasive Surgical
  - 8.1.1.2. Stapling Devices
  - 8.1.1.3. Energy/Vessel Sealing Device
  - 8.1.1.4. Suturing Devices
  - 8.1.1.5. Accessories
  - 8.1.1.6. Non-Invasive Surgical Devices
8.2. Middle East & Africa Bariatric Surgery Devices Market Outlook, by Procedure, Value (US$ Bn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Sleeve Gastrectomy
  - 8.2.1.2. Gastric Bypass
  - 8.2.1.3. Revision Bariatric Surgery
  - 8.2.1.4. Non-Invasive Bariatric Surgery
  - 8.2.1.5. Adjustable Gastric Banding
  - 8.2.1.6. Mini-gastric Bypass
  - 8.2.1.7. Biliopancreatic Diversion with Duodenal Switch
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Bariatric Surgery Devices Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.2. GCC Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 8.3.1.3. South Africa Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.4. South Africa Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 8.3.1.5. Egypt Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.6. Egypt Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 8.3.1.7. Nigeria Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.8. Nigeria Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
  - 8.3.1.9. Rest of Middle East & Africa Bariatric Surgery Devices Market by Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Bariatric Surgery Devices Market by Procedure, Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Manufacturer vs by Procedure Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. Ethicon
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. Medtronic
  - 9.4.2.1. Company Overview
  - 9.4.2.2. Product Portfolio
  - 9.4.2.3. Financial Overview
  - 9.4.2.4. Business Strategies and Development
- 9.4.3. Intuitive Surgical
  - 9.4.3.1. Company Overview
  - 9.4.3.2. Product Portfolio
  - 9.4.3.3. Financial Overview
  - 9.4.3.4. Business Strategies and Development
- 9.4.4. Apollo Endosurgery
  - 9.4.4.1. Company Overview
  - 9.4.4.2. Product Portfolio
  - 9.4.4.3. Financial Overview
  - 9.4.4.4. Business Strategies and Development
- 9.4.5. ReShape Lifesciences
  - 9.4.5.1. Company Overview
  - 9.4.5.2. Product Portfolio
  - 9.4.5.3. Financial Overview
  - 9.4.5.4. Business Strategies and Development
- 9.4.6. Aspire Bariatrics
  - 9.4.6.1. Company Overview
  - 9.4.6.2. Product Portfolio
  - 9.4.6.3. Financial Overview
  - 9.4.6.4. Business Strategies and Development
- 9.4.7. Mediflex Surgical Products
  - 9.4.7.1. Company Overview
  - 9.4.7.2. Product Portfolio
  - 9.4.7.3. Financial Overview
  - 9.4.7.4. Business Strategies and Development
- 9.4.8. Spatz FGIA
  - 9.4.8.1. Company Overview
  - 9.4.8.2. Product Portfolio
  - 9.4.8.3. Financial Overview
  - 9.4.8.4. Business Strategies and Development
- 9.4.9. Cousin Biotech
  - 9.4.9.1. Company Overview
  - 9.4.9.2. Product Portfolio
  - 9.4.9.3. Financial Overview
  - 9.4.9.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations