Market Research Report
Global Bariatric Surgery Market 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||599603|
Delivery time: 2-3 business days
|Global Bariatric Surgery Market 2019-2025|
|Published: December 28, 2019||Content info:||
Global Bariatric Surgery Market Size, Share & Trends Analysis Report by Procedures (Biliopancreatic Diversion with a Duodenal Switch (bpd-ds), Adjustable Gastric Band Surgery, Sleeve Gastrectomy Surgery, and Gastric Bypass Surgery), by Devices (Gastric Bands, Gastric Balloons, Gastric Stapling Device, and Others), and by End-User (Hospitals and Clinics, and Ambulatory Surgical Centers) and Forecast 2019-2025
The global bariatric surgery market is anticipated to grow at the CAGR of 5.2% during the forecast period. This is owing to rising prevalence of obesity and technological advancements in healthcare sector. Bariatric surgeries and its devices are used for weight loss by decreasing the swelling volume of stomach to systematized food with the process of digestive restriction and malabsorption. These surgeries process are performed by use of negligible invasive method and techniques. Increasing capital expenditure on healthcare and patient preference for minimally invasive surgeries are also driving the market growth across the globe. Furthermore, increasing government funding to improve healthcare facilities is also expected to boost market growth. However, high costs associated with surgery and post-surgery complications may impede the growth of the market.
Geographically, the global bariatric surgery market is classified into North America, Europe, Asia-Pacific, and Rest of the World. North America contributes a significant share in the global bariatric surgery market, followed by Europe. This is due to the presence of highest incidences and prevalence rate of obesity, significant investment in healthcare R&D, highest healthcare spending and so forth. Obesity has been considered to be an epidemic in the US that is responsible for high prevalence of other diseases including diabetes and heart diseases. However, Asia-Pacific is expected to be the fastest growing market owing to increasing healthcare expenditures and increasing medical tourism.
The global bariatric surgery market is influenced by product development and advancements conducted by the market players. The key players of the bariatric surgery market include Allergan, Inc., Cousin-Biotech, Medtronic PLC, Johnson & Johnson Services, Inc., Olympus Corp., ReShape Lifesciences, Inc. These players are playing a significant role in the growth of the bariatric surgery market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, and technological development, among others.
The market study of the global bariatric surgery market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.
Secondary Sources Include
The report is intended for bariatric surgery device manufacturers, investing companies, government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
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