Market Overview:
The global minimally invasive bariatric surgery equipment market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The increasing prevalence of obesity and other lifestyle diseases, growing awareness about the benefits of bariatric surgery, and technological advancements in surgical equipment are some of the major factors driving the growth of this market. The global minimally invasive bariatric surgery equipment market can be segmented on the basis of type into assisting devices and implantable devices. The assisting devices segment is expected to account for a larger share than the implantable devices segment in terms of revenue during the forecast period. This is mainly due to their lower cost as compared to implantable devices and their wide adoption in hospitals and other healthcare settings for performing bariatric surgeries. On the basis of application,the global minimally invasive bariatric surgery equipment market can be divided into bariatric surgical centers, hospitals, plastic surgery clinics,and other applications such as research institutes and academic medical centers.
Product Definition:
Minimally Invasive Bariatric Surgery Equipment is a term used to describe surgical devices and tools that are designed to minimize the amount of damage done to tissue during surgery. These devices typically cause less bleeding and trauma than traditional surgical instruments, which can lead to faster healing times and reduced risk of infection.
Assisting Devices:
Assisting devices are used by the bariatric patient before, during and after the surgery. It is a set of tools that helps in maintaining the position of obese patients for undergoing minimally invasive bariatric surgeries. The assisting device market size was valued at USD 1,24 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Implantable Devices:
Implantable devices are medical devices that are placed inside the body to perform a specific function. These functions can be either therapeutic or diagnostic in nature. Some of the common types of implantable devices include defibrillators, neurostimulators, insulin pumps, and cardiac pacemakers among others.
Application Insights:
Bariatric surgical centers accounted for the largest share of over 40.0% in 2017 and are expected to expand at a significant CAGR during the forecast period owing to increasing prevalence of obesity and related diseases such as diabetes, heart diseases, stroke, high blood pressure. According to WHO¢â‚¬â„¢s estimates, approximately 1.9 billion adults were obese across the globe in 2016; this number is expected to reach 2.7 billion by 2030 if action is not taken against it.
The hospitals segment was valued over USD 250k in 2017 due to rising adoption of minimally invasive bariatric procedures by hospitals worldwide due largely on factors such as increasing prevalence of obesity coupled with technological advancements that have made these surgeries less invasive.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing obesity and related health issues, rising number of bariatric surgeries, and growing adoption of minimally invasive bariatric surgery procedures. According to the National Center for Health Statistics (NCHS), in 2015 about 1.9 million U.S adults had undergone a gastric bypass procedure while around 1 million had received gastric banding treatment as per NCHS data published in 2016 – Trends In Surgical Site Procedures Report.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure with an increase in government initiatives & funding for bariatric surgeries coupled with high prevalence of obesity.
Growth Factors:
- Increasing prevalence of obesity and related co-morbidities: The global prevalence of obesity has more than doubled since 1980. According to the World Health Organization (WHO), in 2016, 1.9 billion adults were overweight and 650 million were obese. This number is expected to increase to 2.2 billion by 2030 [1]. Obesity is a major risk factor for various chronic diseases such as type II diabetes, cardiovascular diseases, stroke, cancer etc., which leads to increased healthcare costs and loss of productivity [2]. There is an increasing demand for minimally invasive bariatric surgery equipment as they are less invasive and have shorter recovery times when compared to traditional open surgery procedures [3].
- Technological advancements: The field of minimally invasive bariatric surgery equipment has seen rapid technological advancements in recent years with the advent of new devices such as endoscopes, laparoscopic instruments etc., which have helped reduce surgical trauma and improve patient outcomes [4][5][6][7]. These technological advances are likely to drive the growth of this market in the coming years.
- Growing awareness about bariatric surgery: Bariatric surgery is not a new procedure but its popularity has been on the rise in recent years due to growing awareness about its benefits among both patients and healthcare professionals alike [8][9][10] . This growing awareness is likely to lead more people towards opting for minimally invasive bariatric surgeries over traditional open surgeries thereby driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Minimally Invasive Bariatric Surgery Equipment Market Research Report
By Type
Assisting Devices, Implantable Devices
By Application
Bariatric Surgical Centers, Hospitals, Plastic Surgery, Other
By Companies
Medtronic, Apollo Endosurgery Inc., Aspire Bariatrics Inc., Ethicon Inc., ReShape Lifesciences, Olympus Corporation, Integra Life Sciences Holding Corporation, Intuitive Surgical, Allergan, Covidien Plc, Silimed Ltd.
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Minimally Invasive Bariatric Surgery Equipment Market Report Segments:
The global Minimally Invasive Bariatric Surgery Equipment market is segmented on the basis of:
Types
Assisting Devices, Implantable Devices
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
Bariatric Surgical Centers, Hospitals, Plastic Surgery, Other
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:
- Medtronic
- Apollo Endosurgery Inc.
- Aspire Bariatrics Inc.
- Ethicon Inc.
- ReShape Lifesciences
- Olympus Corporation
- Integra Life Sciences Holding Corporation
- Intuitive Surgical
- Allergan
- Covidien Plc
- Silimed Ltd.
Highlights of The Minimally Invasive Bariatric Surgery Equipment 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:
- Assisting Devices
- Implantable Devices
- By Application:
- Bariatric Surgical Centers
- Hospitals
- Plastic Surgery
- Other
- 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 Minimally Invasive Bariatric Surgery Equipment 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Minimally invasive bariatric surgery equipment refers to any type of surgical equipment that is used in a minimally invasive manner. This includes devices such as laparoscopes, endoscopes, and robotic surgery systems.
Some of the major players in the minimally invasive bariatric surgery equipment market are Medtronic, Apollo Endosurgery Inc., Aspire Bariatrics Inc., Ethicon Inc., ReShape Lifesciences, Olympus Corporation, Integra Life Sciences Holding Corporation, Intuitive Surgical, Allergan, Covidien Plc, Silimed Ltd..
The minimally invasive bariatric surgery equipment 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 Minimally Invasive Bariatric Surgery Equipment 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 Minimally Invasive Bariatric Surgery Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Minimally Invasive Bariatric Surgery Equipment 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 Minimally Invasive Bariatric Surgery Equipment 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 Minimally Invasive Bariatric Surgery Equipment Market Size & Forecast, 2018-2028
4.5.1 Minimally Invasive Bariatric Surgery Equipment Market Size and Y-o-Y Growth
4.5.2 Minimally Invasive Bariatric Surgery Equipment Market Absolute $ Opportunity
Chapter 5 Global Minimally Invasive Bariatric Surgery Equipment 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 Minimally Invasive Bariatric Surgery Equipment Market Size Forecast by Type
5.2.1 Assisting Devices
5.2.2 Implantable Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Minimally Invasive Bariatric Surgery Equipment 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 Minimally Invasive Bariatric Surgery Equipment Market Size Forecast by Applications
6.2.1 Bariatric Surgical Centers
6.2.2 Hospitals
6.2.3 Plastic Surgery
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Minimally Invasive Bariatric Surgery Equipment 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 Minimally Invasive Bariatric Surgery Equipment 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 Minimally Invasive Bariatric Surgery Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Minimally Invasive Bariatric Surgery Equipment 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 Minimally Invasive Bariatric Surgery Equipment Market Size Forecast by Type
9.6.1 Assisting Devices
9.6.2 Implantable Devices
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 Minimally Invasive Bariatric Surgery Equipment Market Size Forecast by Applications
9.10.1 Bariatric Surgical Centers
9.10.2 Hospitals
9.10.3 Plastic Surgery
9.10.4 Other
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 Minimally Invasive Bariatric Surgery Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Minimally Invasive Bariatric Surgery Equipment 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 Minimally Invasive Bariatric Surgery Equipment Market Size Forecast by Type
10.6.1 Assisting Devices
10.6.2 Implantable Devices
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 Minimally Invasive Bariatric Surgery Equipment Market Size Forecast by Applications
10.10.1 Bariatric Surgical Centers
10.10.2 Hospitals
10.10.3 Plastic Surgery
10.10.4 Other
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 Minimally Invasive Bariatric Surgery Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Minimally Invasive Bariatric Surgery Equipment 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 Minimally Invasive Bariatric Surgery Equipment Market Size Forecast by Type
11.6.1 Assisting Devices
11.6.2 Implantable Devices
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 Minimally Invasive Bariatric Surgery Equipment Market Size Forecast by Applications
11.10.1 Bariatric Surgical Centers
11.10.2 Hospitals
11.10.3 Plastic Surgery
11.10.4 Other
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 Minimally Invasive Bariatric Surgery Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Minimally Invasive Bariatric Surgery Equipment 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 Minimally Invasive Bariatric Surgery Equipment Market Size Forecast by Type
12.6.1 Assisting Devices
12.6.2 Implantable Devices
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 Minimally Invasive Bariatric Surgery Equipment Market Size Forecast by Applications
12.10.1 Bariatric Surgical Centers
12.10.2 Hospitals
12.10.3 Plastic Surgery
12.10.4 Other
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) Minimally Invasive Bariatric Surgery Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Minimally Invasive Bariatric Surgery Equipment 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) Minimally Invasive Bariatric Surgery Equipment Market Size Forecast by Type
13.6.1 Assisting Devices
13.6.2 Implantable Devices
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) Minimally Invasive Bariatric Surgery Equipment Market Size Forecast by Applications
13.10.1 Bariatric Surgical Centers
13.10.2 Hospitals
13.10.3 Plastic Surgery
13.10.4 Other
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 Minimally Invasive Bariatric Surgery Equipment Market: Competitive Dashboard
14.2 Global Minimally Invasive Bariatric Surgery Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Apollo Endosurgery Inc.
14.3.3 Aspire Bariatrics Inc.
14.3.4 Ethicon Inc.
14.3.5 ReShape Lifesciences
14.3.6 Olympus Corporation
14.3.7 Integra Life Sciences Holding Corporation
14.3.8 Intuitive Surgical
14.3.9 Allergan
14.3.10 Covidien Plc
14.3.11 Silimed Ltd.
