What is Global Obesity Treatment Surgery Devices Market?
The Global Obesity Treatment Surgery Devices Market is a specialized sector within the broader medical devices industry. It focuses on the development, production, and sale of surgical devices specifically designed to treat obesity. These devices are used in various surgical procedures aimed at reducing the size of the stomach or altering the digestive process to help patients lose weight. The market is driven by the increasing prevalence of obesity worldwide, which is leading to a higher demand for effective treatment solutions. The devices included in this market range from gastric bands and balloons to more complex surgical tools used in procedures like gastric bypass surgery. The market also includes the services related to these devices, such as installation, maintenance, and training for healthcare professionals. The Global Obesity Treatment Surgery Devices Market is a crucial part of the healthcare industry, contributing to the fight against the global obesity epidemic.
Roux-En-Y Gastric Bypass, Sleeve Gastrectomy, Adjusting Gastric Banding, Biliopancreatic Diversion With Duodenal Switch, Gastrotropic Solution, Others in the Global Obesity Treatment Surgery Devices Market:
The Global Obesity Treatment Surgery Devices Market includes a variety of surgical procedures and devices. Roux-En-Y Gastric Bypass is a common type of weight-loss surgery that involves creating a small pouch at the top of the stomach and connecting it directly to the small intestine. Sleeve Gastrectomy involves removing part of the stomach, leaving a smaller, tube-like structure. Adjustable Gastric Banding involves placing a band around the upper part of the stomach to create a small pouch that holds less food. Biliopancreatic Diversion With Duodenal Switch is a more complex procedure that involves removing a large part of the stomach and rerouting the small intestine. Gastrotropic Solution is a non-surgical treatment that involves injecting a solution into the stomach to reduce its size. Other devices and procedures in this market include gastric balloons, electrical stimulation systems, and gastric emptying systems. Each of these procedures and devices plays a crucial role in treating obesity and helping patients achieve a healthier weight.
Hospitals, Clinics, Beauty Institution, Others in the Global Obesity Treatment Surgery Devices Market:
The Global Obesity Treatment Surgery Devices Market serves a variety of healthcare settings. Hospitals are the primary users of these devices, as most obesity treatment surgeries are performed in a hospital setting. Clinics also use these devices, particularly those that specialize in weight loss and bariatric surgery. Beauty Institutions, such as cosmetic surgery clinics, may also use these devices for procedures aimed at weight loss or body contouring. Other settings that may use these devices include research institutions, educational institutions, and government agencies. The use of these devices in different settings reflects the widespread need for effective obesity treatment solutions.
Global Obesity Treatment Surgery Devices Market Outlook:
The future outlook for the Global Obesity Treatment Surgery Devices Market is promising. Based on our research, the global medical devices market, which includes the obesity treatment surgery devices sector, is projected to reach a value of US$ 603 billion by the year 2023. This represents a significant growth from the current market value, with a compound annual growth rate (CAGR) of 5% over the next six years. This growth is expected to be driven by factors such as the increasing prevalence of obesity, advancements in medical technology, and the growing demand for effective obesity treatment solutions.
| Report Metric | Details |
| Report Name | Obesity Treatment Surgery Devices Market |
| Accounted market size in year | US$ 603 billion |
| CAGR | 5% |
| Base Year | year |
| Segment by Type |
|
| Segment by Application |
|
| Consumption by Region |
|
| By Company | ALLERGAN, Apollo Endosurgery, Cousin Biotech, Ethicon USA, Intuitive Surgical, Mediflex, Medtronic Inc, Obalon Therapeutics, Olympus Corporation |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
