Market Overview:
The global adjustable gastric banding market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth is attributed to the increasing prevalence of obesity, rising awareness about bariatric surgery, and technological advancements in the field of adjustable gastric banding surgery. Based on type, the global adjustable gastric banding market is segmented into lap-band and Realize Band. Lap-band dominates the market owing to its low cost and easy availability as compared to other devices available in the market. However, Realize Band is gaining popularity due its ability to be adjusted remotely without requiring another surgical procedure. Based on application, hospitals account for a majority share of the global adjustable gastric banding market followed by clinics and others segments respectively. Hospitals are preferred for bariatric surgeries owing to their high-quality infrastructure and skilled professionals.
Product Definition:
Adjustable Gastric Banding is a surgical procedure that uses an adjustable band to decrease the size of the stomach. This decreases the amount of food that can be eaten at one time and helps a person lose weight.
Lap-Band:
Lap-band is a type of restrictive device used to restrict food intake and thereby control or reduce obesity. The device consists of a thin, plastic ring that is placed around the upper part of the stomach (1st portion) via an adhesive or sutures. This band causes restriction in the amount of food that can be consumed and thus helps in reducing weight.
Realize Band:
Realize band is a silicone rubber wristband used in the adjustable gastric banding procedure. It helps monitor the patient’s compliance with the treatment and also provides information to healthcare professionals for further monitoring. The real-time data regarding food intake, body temperature, and vital signs are recorded by these bands which help in effective management of patients suffering from obesity as well as other chronic conditions such as diabetes.
Application Insights:
Based on application, the market is segmented into hospitals, clinics and other medical facilities. Hospitals held the largest share of more than 60% in 2017 owing to factors such as a high prevalence of obesity and growing awareness about bariatric surgery. According to WHO, around 1 billion people are overweight which leads to approximately 300 thousand deaths every year due to cardiovascular diseases (CVDs). Thus, increasing number of obese patients seeking bariatric surgery is expected to drive the market over the forecast period.
The others segment includes surgeries performed in non-medical facilities such as private clinics or hospitals at a domestic level or by international airport authorities. The rising popularity of these surgeries due weight loss benefits coupled with rising disposable income has increased disposable income at domestic level is expected result in an increase demand adjustable gastric banding procedures for other applications including hotels restaurants and food manufacturing companies over the forecast period globally.
Regional Analysis:
North America dominated the global market in 2017 owing to high obesity rates, supportive government initiatives and increasing demand for weight loss surgeries. According to the WHO, approximately 60% of American adults are obese or overweight. In addition, growing awareness about bariatric surgery procedures is also expected to drive regional growth over the forecast period.
Asia Pacific region is anticipated to witness lucrative growth over the forecast period due to rising disposable income levels and improving economic conditions in emerging countries such as India & China. Furthermore, a significant rise in medical tourism has also been observed in this region which will further boost industry expansion during the estimated time span. For instance; as per a study published by International Society of Aesthetic Plastic Surgery (ISAPS), India had witnessed 58% increase from 2008/09 till 2014/15 with an average annual increment of 13%.
Growth Factors:
- Increasing prevalence of obesity and overweight population: The increasing prevalence of obesity and overweight population is one of the major growth drivers for the adjustable gastric banding market. According to a study by World Health Organization (WHO), in 2016, more than 1.9 billion adults were overweight and 650 million were obese worldwide. This number is expected to increase further in the coming years, thereby driving the demand for adjustable gastric banding devices.
- Rising awareness about bariatric surgery: There is a growing awareness among people about bariatric surgery as an effective treatment option for obesity and its associated health problems. This is resulting in an increase in the number of people opting for bariatric surgery procedures, including adjustable gastric banding surgeries.
- Technological advancements: The adjustable gastric banding market has been witnessing rapid technological advancements over the past few years, with new devices being launched with advanced features and capabilities. This is helping to expand the adoption of these devices among healthcare professionals and patients alike.
Scope Of The Report
Report Attributes
Report Details
Report Title
Adjustable Gastric Banding Market Research Report
By Type
Lap-Band, Realize Band
By Application
Hospitals, Clinics, Others
By Companies
Apollo Endosurgery, Ethicon (Johnson & Johnson), Helioscopie (Sante Actions Group), MID (Medical Innovation Developpement), Cousin Biotech, Apollo Endosurgery
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Adjustable Gastric Banding Market Report Segments:
The global Adjustable Gastric Banding market is segmented on the basis of:
Types
Lap-Band, Realize Band
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apollo Endosurgery
- Ethicon (Johnson & Johnson)
- Helioscopie (Sante Actions Group)
- MID (Medical Innovation Developpement)
- Cousin Biotech
- Apollo Endosurgery
Highlights of The Adjustable Gastric Banding Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lap-Band
- Realize Band
- By Application:
- Hospitals
- Clinics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Adjustable Gastric Banding Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Adjustable gastric banding is a type of weight loss surgery that uses an adjustable band to restrict the amount of food that can be eaten. The band is tightened or loosened according to a person's weight and eating habits.
Some of the key players operating in the adjustable gastric banding market are Apollo Endosurgery, Ethicon (Johnson & Johnson), Helioscopie (Sante Actions Group), MID (Medical Innovation Developpement), Cousin Biotech, Apollo Endosurgery.
The adjustable gastric banding market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Adjustable Gastric Banding Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Adjustable Gastric Banding Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Adjustable Gastric Banding Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Adjustable Gastric Banding Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Adjustable Gastric Banding Market Size & Forecast, 2018-2028
4.5.1 Adjustable Gastric Banding Market Size and Y-o-Y Growth
4.5.2 Adjustable Gastric Banding Market Absolute $ Opportunity
Chapter 5 Global Adjustable Gastric Banding Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Adjustable Gastric Banding Market Size Forecast by Type
5.2.1 Lap-Band
5.2.2 Realize Band
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Adjustable Gastric Banding Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Adjustable Gastric Banding Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Adjustable Gastric Banding Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Adjustable Gastric Banding Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Adjustable Gastric Banding Analysis and Forecast
9.1 Introduction
9.2 North America Adjustable Gastric Banding Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Adjustable Gastric Banding Market Size Forecast by Type
9.6.1 Lap-Band
9.6.2 Realize Band
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Adjustable Gastric Banding Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Adjustable Gastric Banding Analysis and Forecast
10.1 Introduction
10.2 Europe Adjustable Gastric Banding Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Adjustable Gastric Banding Market Size Forecast by Type
10.6.1 Lap-Band
10.6.2 Realize Band
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Adjustable Gastric Banding Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Adjustable Gastric Banding Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Adjustable Gastric Banding Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Adjustable Gastric Banding Market Size Forecast by Type
11.6.1 Lap-Band
11.6.2 Realize Band
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Adjustable Gastric Banding Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Adjustable Gastric Banding Analysis and Forecast
12.1 Introduction
12.2 Latin America Adjustable Gastric Banding Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Adjustable Gastric Banding Market Size Forecast by Type
12.6.1 Lap-Band
12.6.2 Realize Band
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Adjustable Gastric Banding Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Adjustable Gastric Banding Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Adjustable Gastric Banding Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Adjustable Gastric Banding Market Size Forecast by Type
13.6.1 Lap-Band
13.6.2 Realize Band
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Adjustable Gastric Banding Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Adjustable Gastric Banding Market: Competitive Dashboard
14.2 Global Adjustable Gastric Banding Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apollo Endosurgery
14.3.2 Ethicon (Johnson & Johnson)
14.3.3 Helioscopie (Sante Actions Group)
14.3.4 MID (Medical Innovation Developpement)
14.3.5 Cousin Biotech
14.3.6 Apollo Endosurgery
