Bariatric Surgery Devices Market Report by Procedure Type (Minimally Invasive Surgical Procedures, Non-Invasive Surgical Procedures), Device Type (Assisting Devices, Implantable Devices), Procedure (Sleeve Gastrectomy, Adjustable Gastric Banding, Roux-en-Y Gastric Bypass, Biliopancreatic Diversion with Duodenal Switch, and Others), Application (Weight Loss, Hereditary Disease, and Other Disorders), End-User (Bariatric Surgery Clinics, Hospitals, and Others), and Region 2024-2032
Global Bariatric Surgery Devices Market:
The global bariatric surgery devices market size reached US$ 2.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032. The growing prevalence of several lifestyle disorders, such as diabetes, obesity, and cardiovascular diseases (CVDs), is stimulating the market.
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Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 2.9 Billion |
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Market Forecast in 2032
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US$ 4.4 Billion |
| Market Growth Rate 2024-2032 | 4.6% |
Bariatric Surgery Devices Market Analysis:
- Major Market Drivers: The increasing prevalence of weight-related problems, owing to unhealthy dietary patterns, is propelling the market.
- Key Market Trends: The rising preferences for minimally invasive (MI) bariatric procedures and devices that eliminate the requirement for large incisions and cause minimal postoperative stress are bolstering the market.
- Competitive Landscape: Some of the prominent companies in the market include Apollo Endosurgery Inc., GI Dynamics, Intuitive Surgical Inc., Johnson & Johnson Services Inc., Medtronic Inc., Olympus Corporation, Reach Surgical Inc., Reshape Lifesciences Inc., Spatz Fgia Inc., TransEnterix Inc., and USGI Medical Inc., among many others.
- Geographical Trends: The growing adoption of surgical robots is fueling the market in North America. Besides this, the development of devices with minimal pain and enhanced cosmetic results is contributing to the regional market.
- Challenges and Opportunities: The high costs related to devices are hindering the market. However, the growing insurance coverage will continue to fuel the market in the coming years.
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Bariatric Surgery Devices Market Trends:
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™ GST System from Ethicon. These innovations minimize surgical trauma and postoperative pain, thereby making the procedures more appealing to patients and surgeons alike.
Global Bariatric Surgery Devices Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with the bariatric surgery devices market forecast at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on the procedure type, device type, procedure, application, and end-user.
Breakup by Procedure Type:
- Minimally Invasive Surgical Procedures
- Non-Invasive Surgical Procedures
Minimally invasive surgical procedures dominate the market
The report has provided a detailed breakup and analysis of the market based on the procedure type. This includes minimally invasive surgical procedures and non-invasive surgical procedures. According to the report, minimally invasive surgical procedures represented the largest market segmentation.
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.
Breakup by Device Type:
- Assisting Devices
- Stapling Devices
- Energy Based Vessel Sealing Devices
- Suturing Devices
- Trocars
- Clip Appliers
- Others
- Implantable Devices
- Gastric Bands
- Electrical Stimulators
- Gastric Balloons
- Transpyloric Shuttle
- Others
Assisting devices (suturing devices) currently hold most of the total bariatric surgery devices market share
The report has provided a detailed breakup and analysis of the market based on the device type. This includes assisting devices (stapling devices, energy-based vessel sealing devices, suturing devices, trocars, clip appliers, and others) and implantable devices (gastric bands, electrical stimulators, gastric balloons, transpyloric shuttle, and others). According to the report, assisting devices (suturing devices) represented the largest market segmentation.
Assisting devices, particularly suturing devices, aid in improving surgical efficiency. Companies like Ethicon and Medtronic have been at the forefront of these innovations.
Breakup by Procedure:
- Sleeve Gastrectomy
- Adjustable Gastric Banding
- Roux-en-Y Gastric Bypass
- Biliopancreatic Diversion with Duodenal Switch
- Others
Roux-en-Y gastric bypass holds the majority of the global bariatric surgery devices market revenue
The report has provided a detailed breakup and analysis of the market based on the procedure. This includes sleeve gastrectomy, adjustable gastric banding, Roux-en-Y gastric bypass, biliopancreatic diversion with duodenal switch, and others. According to the report, Roux-en-Y gastric bypass represented the largest market segmentation.
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.
Breakup by Application:
- Weight Loss
- Hereditary Disease
- Other Disorders
Weight loss dominates the bariatric surgery devices market statistics
The report has provided a detailed breakup and analysis of the market based on the application. This includes weight loss, hereditary disease, and other disorders. According to the report, weight loss represented the largest market segmentation.
Bariatric surgery devices play a crucial role in facilitating weight loss. They include suturing tools, advanced staplers, and laparoscopic instruments.
Breakup by End-User:
- Bariatric Surgery Clinics
- Hospitals
- Others
Bariatric surgery clinics dominate the market
The report has provided a detailed breakup and analysis of the market based on the end-user. This includes bariatric surgery clinics, hospitals, and others. According to the report, bariatric surgery clinics represented the largest market segmentation.
Bariatric surgery clinics improve patient care and outcomes. For instance, European Weight Loss Clinics integrated ORBERA® intragastric balloons, a non-surgical weight loss solution that assists patients in losing weight before or instead of surgery.
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
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.
Competitive Landscape:
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:
- Apollo Endosurgery Inc.
- GI Dynamics
- Intuitive Surgical Inc.
- Johnson & Johnson Services Inc.
- Medtronic Inc.
- Olympus Corporation
- Reach Surgical Inc.
- Reshape Lifesciences Inc.
- Spatz Fgia Inc.
- TransEnterix Inc.
- USGI Medical Inc.
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Bariatric Surgery Devices Market Recent Developments:
- May 2024: Pristyn Care, in partnership with Mohak Bariatrics and Robotics, performed the world’s first live bariatric surgery using the Apple Vision Pro.
- April 2024: Phenomix Sciences launched a new MyPhenome test that identifies all three key obesity phenotypes in a single test.
- 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.
Bariatric Surgery Devices Market Report Scope:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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| Procedure Types Covered | Minimally Invasive Surgical Procedures, Non-Invasive Surgical Procedures |
| Device Types Covered |
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| Procedures Covered | Sleeve Gastrectomy, Adjustable Gastric Banding, Roux-en-Y Gastric Bypass, Biliopancreatic Diversion with Duodenal Switch, Others |
| Applications Covered | Weight Loss, Hereditary Disease, Other Disorders |
| End-Users Covered | Bariatric Surgery Clinics, Hospitals, Others |
| Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Apollo Endosurgery Inc., GI Dynamics, Intuitive Surgical Inc., Johnson & Johnson Services Inc., Medtronic Inc., Olympus Corporation, Reach Surgical Inc., Reshape Lifesciences Inc., Spatz Fgia Inc., TransEnterix Inc., USGI Medical Inc., etc. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC's industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the bariatric surgery devices market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the global bariatric surgery devices market.
- The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
- Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the bariatric surgery devices industry and its attractiveness.
- The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.
Key Questions Answered in This Report
The global bariatric surgery devices market was valued at US$ 2.9 Billion in 2023.
We expect the global bariatric surgery devices market to exhibit a CAGR of 4.6% during 2024-2032.
The escalating prevalence of numerous lifestyle diseases, such as obesity, heart failure, diabetes, etc., along with the rising popularity of minimally- or non-invasive bariatric surgical procedures for fat loss, is primarily driving the global bariatric surgery devices market growth.
The sudden outbreak of the COVID-19 pandemic had led to the postponement of elective bariatric surgery procedures to reduce the risk of the coronavirus infection upon hospital visits, thereby negatively impacting the global market for bariatric surgery devices.
Based on the procedure type, the global bariatric surgery devices market can be segmented into minimally invasive surgical procedures and non-invasive surgical procedures. Currently, minimally invasive surgical procedures hold the majority of the total market share.
Based on the device type, the global bariatric surgery devices market has been divided into assisting devices (stapling devices, energy based vessel sealing devices, suturing devices, trocars, clip appliers, and others) and implantable devices (gastric bands, electrical stimulators, gastric balloons, transpyloric shuttle, and others). Among these, assisting devices (suturing devices) exhibit a clear dominance in the market.
Based on the procedure, the global bariatric surgery devices market can be categorized into sleeve gastrectomy, adjustable gastric banding, Roux-en-Y gastric bypass, biliopancreatic diversion with duodenal switch, and others. Currently, Roux-en-Y gastric bypass accounts for the majority of the global market share.
Based on the application, the global bariatric surgery devices market has been segregated into weight loss, hereditary disease, and other disorders, where weight loss currently exhibits a clear dominance in the market.
Based on the end user, the global bariatric surgery devices market can be bifurcated into bariatric surgery clinics, hospitals, and others. Currently, bariatric surgery clinics hold the largest market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global bariatric surgery devices market include Apollo Endosurgery Inc., GI Dynamics, Intuitive Surgical Inc., Johnson & Johnson Services Inc., Medtronic Inc., Olympus Corporation, Reach Surgical Inc., Reshape Lifesciences Inc., Spatz Fgia Inc., TransEnterix Inc., USGI Medical Inc., etc.
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