Market Overview

The Global Bariatric Surgery Market was valued at USD 1,891.9 million in 2023 and is expected to reach USD 2,953.9 million by 2031 while growing at a CAGR of 5.7% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global bariatric surgery market growth. Bariatric surgery, also known as weight loss surgery, involves surgical procedures aimed at helping individuals with obesity lose weight by reducing stomach size or bypassing parts of the digestive system. The goal is to limit food intake and, in some cases, nutrient absorption. According to the NIH, sustained weight loss is challenging for those with class III obesity through diet and exercise alone. Bariatric surgery changes how the body manages food intake, making healthy lifestyle changes more effective for lasting weight loss and improved health.

Rising obesity rates, advancements in surgical techniques like laparoscopic surgery, and innovations in implantable devices such as gastric bands and intragastric balloons are propelling substantial growth in the bariatric surgery market. Despite these favorable factors, the market's expansion may encounter obstacles, including the high cost of bariatric surgery and perceived risks and complications.

Furthermore, the global bariatric surgery industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Device Analysis

The Global Bariatric Surgery Market is segmented among Assisting Devices, Implantable Devices, and Other Devices, based on Device. In 2023, Assisting Devices accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Bariatric Surgery Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market Medtronic Plc, Ethicon Inc. (Johnson & Johnson), Apollo Endosurgery Inc., Aspire Bariatrics Inc., Intuitive Surgical Inc., B.Braun Melsungen AG, Olympus Corporation, The Cooper Companies, Conmed Corporation, and Cousin Biotech.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Bariatric Surgery Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Bariatric Surgery Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Bariatric Surgery Market Segmentation, By Device

• Global Bariatric Surgery Market Share Analysis, By Device

• Global Bariatric Surgery Market Growth Analysis, By Device

• Global Bariatric Surgery Market Trends, By Device

o Assisting Device

Ø Suturing Device

Ø Closure Device

Ø Stapling Device

Ø Trocars

Ø Other Assisting Devices

o Implantable Devices

Ø  Gastric Bands

Ø  Electrical Stimulation Devices

Ø  Gastric Balloons

Ø  Gastric Emptying

o Other Devices

6. Global Bariatric Surgery Market Segmentation, By Region

• Global Bariatric Surgery Market Share Analysis, By Region

• Global Bariatric Surgery Market Growth Analysis, By Region

• Global Bariatric Surgery Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

7. Competitive Landscape

• Medtronic Plc.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Ethicon Inc. (Johnson & Johnson)

• Apollo Endosurgery Inc.

• Aspire Bariatrics Inc.

• Intuitive Surgical Inc.

• B. Braun Melsungen AG

• Olympus Corporation

• The Cooper Companies

• Conmed Corporation

• Cousin Biotech

*Similar analysis will be provided for each company listed above.