PUBLISHER: IMARC | PRODUCT CODE: 1800788
PUBLISHER: IMARC | PRODUCT CODE: 1800788
The global bariatric surgery devices market size reached USD 3.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 4.6 Billion by 2033, exhibiting a growth rate (CAGR) of 4.4% during 2025-2033. The growing prevalence of several lifestyle disorders, such as diabetes, obesity, and cardiovascular diseases (CVDs), is stimulating the market.
Rising Incidences of Obesity
Due to hectic schedules and sedentary lifestyles, there is an escalating requirement for weight management practices, thereby highlighting the urgent need for medical solutions like bariatric surgery. Moreover, extensive investments in R&D activities to improve clinical outcomes are propelling the market. For instance, in April 2024, Phenomix Sciences launched a new MyPhenome test that identifies all three key obesity phenotypes in a single test.
Growing Integration of AI
Machine learning and AI are transforming the market by enabling smarter, data-driven surgical procedures. These technologies further aid in intraoperative guidance, preoperative planning, and postoperative monitoring, thereby enhancing the outcomes. In April 2024, Allurion Technologies, Inc. announced the commercial availability of its comprehensive Virtual Care Suite (VCS) powered by artificial intelligence (AI) in the United States. This is positively influencing the bariatric surgery devices market outlook.
Increasing Focus on Enhanced Procedures
The growing need to provide patients with safer options with faster recovery times is catalyzing the market. These techniques, such as gastric bypass and laparoscopic sleeve gastrectomy, involve small incisions and advanced tools like the Echelon Flex(TM) GST System from Ethicon. These innovations minimize surgical trauma and postoperative pain, thereby making the procedures more appealing to patients and surgeons alike.
Minimally invasive surgical procedures dominate the market
Minimally invasive surgical procedures improve patient outcomes. Medtronic's Hugo robotic-assisted surgery system is designed to accelerate recovery times. This is escalating the bariatric surgery devices market demand.
Assisting devices (suturing devices) currently hold most of the total bariatric surgery devices market share
Assisting devices, particularly suturing devices, aid in improving surgical efficiency. Companies like Ethicon and Medtronic have been at the forefront of these innovations.
Roux-en-Y gastric bypass holds the majority of the global bariatric surgery devices market revenue
Roux-en-Y gastric bypass (RYGB) leads to significant weight loss and improved metabolic health. For instance, Ethicon's Echelon Circular Powered Stapler offers surgeons high precision during the anastomosis phase.
Weight loss dominates the bariatric surgery devices market statistics
Bariatric surgery devices play a crucial role in facilitating weight loss. They include suturing tools, advanced staplers, and laparoscopic instruments.
Bariatric surgery clinics dominate the market
Bariatric surgery clinics improve patient care and outcomes. For instance, European Weight Loss Clinics integrated ORBERA(R) intragastric balloons, a non-surgical weight loss solution that assists patients in losing weight before or instead of surgery.
North America exhibits a clear dominance in the market
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.
As per the bariatric surgery devices market overview, the widespread adoption of robotic-assisted surgery is acting as a significant growth-inducing factor. Moreover, the rising focus of individuals in weight management is also driving the regional market. As per the IMARC, the United States weight management market size reached US$ 78.5 Billion in 2023. Looking forward, IMARC Group projects the market to reach US$ 127.2 Billion by 2032, thereby exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major bariatric surgery devices market companies have also been provided. Some of the key players in the market include: