Obese Patient Surgery Device Market was valued at USD 4.5 Billion in 2022 and is projected to reach USD 7.2 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
Looking ahead, the period from 2023 to 2033 is expected to see an accelerated growth trajectory. Projections estimate that by 2033, the market could reach a valuation of USD 3.23 billion, representing a CAGR of 6.4% during this forecast period. This anticipated growth is supported by several key factors:
Technological Advancements: Innovations in minimally invasive surgical devices, such as laparoscopic instruments and robotic-assisted systems, have made bariatric surgeries safer and more effective, thereby increasing their adoption.
Rising Obesity Rates: The global obesity epidemic continues to escalate, leading to a higher demand for surgical interventions. According to recent data, about 16% of adults aged 18 years and older worldwide were obese in 2022.
Increased Awareness and Acceptance: There is a growing recognition of the health risks associated with obesity, leading more patients to consider surgical options. Additionally, healthcare providers are more frequently recommending bariatric surgery as a viable treatment for severe obesity and related comorbidities.
In my professional experience, I've observed that patients are increasingly seeking information about surgical options for weight loss. Many are motivated by the desire to improve their overall health and reduce the risk of obesity-related conditions such as diabetes, hypertension, and cardiovascular diseases. The advancements in surgical techniques and devices have also played a crucial role in alleviating patient concerns regarding the safety and efficacy of these procedures.
However, it's important to note that the market's growth is not without challenges. Factors such as the high cost of surgical procedures, limited access to specialized healthcare facilities in certain regions, and potential postoperative complications can hinder market expansion. Additionally, the COVID-19 pandemic has had a mixed impact on the market. While elective surgeries were postponed during peak periods of the pandemic, the heightened focus on health has led some individuals to pursue weight loss surgeries more proactively.
Geographically, North America has dominated the market, owing to its advanced healthcare infrastructure and higher obesity rates. However, emerging economies in the Asia-Pacific region are expected to exhibit the highest growth rates during the forecast period, driven by increasing healthcare investments and rising awareness about obesity treatment options.
In conclusion, the obese patient surgery device market has shown robust growth from 2018 to 2022 and is poised for even greater expansion in the coming decade. Continuous technological innovations, coupled with a growing emphasis on addressing the obesity epidemic, are expected to drive this market forward, offering improved solutions for patients seeking surgical interventions for weight loss.
Get an In-Depth Research Analysis of the Global Obese Patient Surgery Device Market Size And Forecast [2025-2032]
The global obese patient surgery device market has experienced significant growth from 2018 to 2022, with projections indicating continued expansion from 2023 to 2033. This upward trend is primarily driven by the increasing prevalence of obesity worldwide, advancements in surgical technologies, and a growing awareness of bariatric procedures among patients and healthcare providers.
Between 2018 and 2022, the market witnessed a steady rise, with a compound annual growth rate (CAGR) of approximately 4.6%. In 2022, the market was valued at around USD 1.74 billion. This growth can be attributed to factors such as sedentary lifestyles, unhealthy dietary habits, and genetic predispositions contributing to higher obesity rates globally.
Cousin Biotech
Intuitive Surgical
Endogastric Solutions
ReShape Lifesciences
Medtronic
USGI Medical
Olympus
Johnson & Johnson
ReShape Medical
Ethicon-Endosurgery
Transenterix
Satiety
Pare Surgical
Spatz FGIA
Allergan
GI Dynamics
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Obese Patient Surgery Device Market
Hospital
Clinic
Beauty Institution
Others
Based on Types the Market is categorized into Below types that held the largest Obese Patient Surgery Device market share In 2023.
Implantable Gastric Stimulators
Surgical Staples
Gastric Surgery Clamps
Trocars
Sutures
Surgical Clamps
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Obese Patient Surgery Device Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Obese Patient Surgery Device Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Obese Patient Surgery Device Market, By Type
6. Global Obese Patient Surgery Device Market, By Application
7. Global Obese Patient Surgery Device Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Obese Patient Surgery Device Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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