Obesity Surgery Devices Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2033

Description

Persistence Market Research has recently published an in-depth report on the global obesity surgery devices market, offering detailed insights into market dynamics, including drivers, trends, opportunities, and challenges. This report aims to provide a thorough understanding of the market structure and future outlook, catering to the needs of industry stakeholders looking to stay ahead in a competitive landscape.

Key Insights:

Global Market Revenue (2022): US$ 1.9 Billion
Estimated Market Value (2033): US$ 3.2 Billion
Global Market Growth Rate (CAGR 2022-2033): 6.0%

Global Obesity Surgery Devices Market - Report Scope:

The obesity surgery devices market focuses on the production and distribution of devices used in surgical procedures aimed at treating obesity. These devices are critical in managing the increasing global prevalence of obesity, particularly in children and adults, and are integral to the healthcare sector's response to obesity-related health issues such as diabetes, cardiovascular diseases, and certain cancers.

Market Growth Drivers:

Increasing Incidence of Obesity in Children and Adults

The rising prevalence of obesity among children and adults worldwide is a significant factor driving the demand for obesity surgery devices. Poor dietary habits and reduced physical activity are leading to a surge in obesity rates, which is expected to remain a key driver of market growth. For instance, according to UNICEF's World Obesity Atlas for 2022, by 2030, more than 27 million children in India alone are expected to be obese. This alarming statistic underscores the growing need for effective obesity management strategies, fueling the global market for obesity surgery devices.

Rising Healthcare Spending and Awareness

As healthcare costs rise globally, particularly in emerging and developed economies, there is an increasing emphasis on obesity management and treatment. Higher per capita healthcare spending is anticipated to drive the adoption of advanced obesity surgery devices, as individuals and healthcare providers seek high-quality treatment options. Moreover, growing awareness among overweight individuals about the severe health risks associated with obesity, such as diabetes, cardiovascular diseases, and strokes, is expected to boost the demand for obesity surgery devices.

Government Campaigns and Minimally Invasive Procedures

Government-led campaigns to raise awareness about obesity and its consequences are also contributing to market growth. Initiatives like the LaparoObeso Centre's project in India, supported by the Maharashtra State Government, aim to educate remote populations about obesity and diabetes. Similarly, in China, the Obesity Prevention and Control Section of the Chinese Nutrition Society has launched awareness campaigns to address the obesity crisis. Additionally, the increasing preference for minimally invasive weight loss procedures is expected to further propel the market.

Market Challenges:

High Production Costs and Limited Financial Support

Despite the market's potential, the high cost of research, development, and production of obesity surgery devices poses a significant challenge. The substantial financial investment required for R&D activities, including clinical trials, can be a deterrent for manufacturers. The high cost of surgical procedures, such as gastric sleeve surgery, gastric bypass surgery, and adjustable gastric banding, may also limit market growth. The lack of adequate financial support for these expensive surgeries can restrict the adoption of obesity surgery devices, particularly in regions with limited healthcare funding.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the global obesity surgery devices market?
Which consumer segments are leading the adoption of obesity surgery devices?
How are advancements in surgical technology influencing the competitive landscape?
Who are the key players in the global obesity surgery devices market, and what strategies are they employing to maintain their market position?
What are the emerging trends and future prospects in the global obesity surgery devices market?

Competitive Intelligence and Business Strategy:

Leading players in the global obesity surgery devices market are focusing on innovation, strategic partnerships, and expanding their product portfolios to maintain a competitive edge. Companies are investing heavily in R&D to develop next-generation devices that offer improved safety, efficacy, and patient outcomes. Collaborations with healthcare providers and government agencies are enhancing market credibility and driving the adoption of these advanced surgical devices. Additionally, leveraging digital marketing and targeted outreach to both healthcare professionals and patients is key to strengthening market positioning and consumer engagement.

Key Companies Profiled:

Johnson & Johnson
Medtronic, Inc.
Apollo Endosurgery Inc.
Aspire Bariatrics
Spatz FGIA Inc.
MetaCure
IntraPace Inc.
Other

Key Segments Covered in Obesity Surgery Devices Industry Research

Medical Devices/ Implants:

Gastric Balloons
Gastric Bands
Stapling Devices

End User:

Hospitals
Specialty Clinics
Ambulatory Surgical Centers

Region:

North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa

Product Code: PMRREP2894

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage/Taxonomy
2.2. Market Definition/Scope/Limitations
2.3. Inclusions and Exclusions

3. Key Market Trends

3.1. Key Trends Impacting the Market
3.2. Product Innovation/Development Trends

4. Value Added Insights

4.1. Production Strategy
4.2. Volume Consumption
4.3. Production Cost
4.4. Pipeline Assessment
4.5. Patent Analysis
4.6. PESTEL Analysis
4.7. Porter's Analysis

5. Market Background

5.1. Macro-Economic Factors
- 5.1.1. Global GDP Growth Outlook
- 5.1.2. Global Healthcare Outlook
5.2. Forecast Factors - Relevance & Impact
- 5.2.1. Technological Innovation in Surgery Devices
- 5.2.2. Regulatory Imposition
- 5.2.3. Increasing Spending on Research and Development
- 5.2.4. Increasing Prevalence of Obesity
- 5.2.5. Increasing Chronic Diseases Due to Obesity
- 5.2.6. High Rate of Manufacturing
- 5.2.7. Strategic Mergers and Acquisitions Among Local Manufacturers
5.3. Market Dynamics
- 5.3.1. Drivers
- 5.3.2. Restraints
- 5.3.3. Opportunity Analysis

6. COVID-19 Crisis Analysis

6.1. COVID-19 and Impact Analysis
6.2. 2024 Market Scenario

7. Global Market Volume (Units) Analysis 2019-2023 and Forecast, 2024-2033

7.1. Historical Market Volume (Units) Analysis, 2019-2023
7.2. Current and Future Market Volume (Units) Projections, 2024-2033
- 7.2.1. Y-o-Y Growth Trend Analysis

8. Global Market- Pricing Analysis

8.1. Regional Pricing Analysis By Medical Devices/Implants
8.2. Price Break up
- 8.2.1. Manufacturer Level
- 8.2.2. Distributor Level
8.3. Global Average Pricing Analysis Benchmark
8.4. Pricing Assumptions

9. Global Market Demand (in Value or Size in US$ Bn) Analysis 2019-2023 and Forecast, 2024-2033

9.1. Historical Market Value (US$ Bn) Analysis, 2019-2023
9.2. Current and Future Market Value (US$ Bn) Projections, 2024-2033
- 9.2.1. Y-o-Y Growth Trend Analysis
- 9.2.2. Absolute $ Opportunity Analysis

10. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Medical Devices/Implants

10.1. Introduction/Key Findings
10.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Medical Devices/Implants, 2019-2023
10.3. Current and Future Market Size (US$ Bn) and Volume (Units) Analysis and Forecast By Medical Devices/Implants, 2024-2033
- 10.3.1. Gastric Balloons
- 10.3.2. Gastric Bands
- 10.3.3. Stapling Devices
10.4. Market Attractiveness Analysis By Medical Devices/Implants

11. Global Market Analysis 2019-2023 and Forecast 2024-2033, By End User

11.1. Introduction/Key Findings
11.2. Historical Market Size (US$ Bn) Analysis, By End User, 2019-2023
11.3. Current and Future Market Size (US$ Bn) Analysis and Forecast By End User, 2024-2033
- 11.3.1. Hospitals
- 11.3.2. Specialty Clinics
- 11.3.3. Ambulatory Surgical Centers
11.4. Market Attractiveness Analysis By End User

12. Global Market Analysis 2019-2023 and Forecast 2024-2033, By Region

12.1. Introduction
12.2. Historical Market Size (US$ Bn) and Volume (Units) Analysis By Region, 2019-2023
12.3. Current and Future Market Value (US$ Bn) and Volume (Units) Analysis and Forecast, 2024-2033
- 12.3.1. North America
- 12.3.2. Latin America
- 12.3.3. Europe
- 12.3.4. East Asia
- 12.3.5. South Asia
- 12.3.6. Oceania
- 12.3.7. Middle East and Africa (MEA)
12.4. Market Attractiveness Analysis By Region

13. North America Market Analysis 2019-2023 and Forecast 2024-2033

13.1. Introduction
13.2. Historical Market Size (US$ Bn) Trend and Volume (Units) Analysis By Market Taxonomy, 2019-2023
13.3. Current and Future Market Value (US$ Bn) and Volume (Units) Analysis and Forecast, 2024-2033
- 13.3.1. By Country
  - 13.3.1.1. U.S.
  - 13.3.1.2. Canada
- 13.3.2. By Medical Devices/Implants
- 13.3.3. By End User
13.4. Market Attractiveness Analysis
- 13.4.1. By Country
- 13.4.2. By Medical Devices/Implants
- 13.4.3. By End User
13.5. Market Trends
13.6. Drivers and Restraints - Impact Analysis
13.7. Key Players - Intensity Mapping
13.8. Country Level Analysis & Forecast
- 13.8.1. U.S. Market Analysis
  - 13.8.1.1. Introduction
  - 13.8.1.2. Market Analysis and Forecast by Market Taxonomy
    - 13.8.1.2.1. By Medical Devices/Implants
    - 13.8.1.2.2. By End User
- 13.8.2. Canada Market Analysis
  - 13.8.2.1. Introduction
  - 13.8.2.2. Market Analysis and Forecast by Market Taxonomy
    - 13.8.2.2.1. By Medical Devices/Implants
    - 13.8.2.2.2. By End User

14. Latin America Market Analysis 2019-2023 and Forecast 2024-2033

14.1. Introduction
14.2. Historical Market Size (US$ Bn) Trend and Volume (Units) Analysis By Market Taxonomy, 2019-2023
14.3. Current and Future Market Value (US$ Bn) and Volume (Units) Analysis and Forecast, 2024-2033
- 14.3.1. By Country
  - 14.3.1.1. Mexico
  - 14.3.1.2. Brazil
  - 14.3.1.3. Argentina
  - 14.3.1.4. Rest of Latin America
- 14.3.2. By Medical Devices/Implants
- 14.3.3. By End User
14.4. Market Attractiveness Analysis
- 14.4.1. By Country
- 14.4.2. By Medical Devices/Implants
- 14.4.3. By End User
14.5. Market Trends
14.6. Drivers and Restraints - Impact Analysis
14.7. Key Players - Intensity Mapping
14.8. Country Level Analysis & Forecast
- 14.8.1. Mexico Market Analysis
  - 14.8.1.1. Introduction
  - 14.8.1.2. Market Analysis and Forecast by Market Taxonomy
    - 14.8.1.2.1. By Medical Devices/Implants
    - 14.8.1.2.2. By End User
- 14.8.2. Brazil Market Analysis
  - 14.8.2.1. Introduction
  - 14.8.2.2. Market Analysis and Forecast by Market Taxonomy
    - 14.8.2.2.1. By Medical Devices/Implants
    - 14.8.2.2.2. By End User
- 14.8.3. Argentina Market Analysis
  - 14.8.3.1. Introduction
  - 14.8.3.2. Market Analysis and Forecast by Market Taxonomy
    - 14.8.3.2.1. By Medical Devices/Implants
    - 14.8.3.2.2. By End User

15. Europe Market Analysis 2019-2023 and Forecast 2024-2033

15.1. Introduction
15.2. Historical Market Size (US$ Bn) Trend and Volume (Units) Analysis By Market Taxonomy, 2019-2023
15.3. Current and Future Market Value (US$ Bn) and Volume (Units) Analysis and Forecast, 2024-2033
- 15.3.1. By Country
  - 15.3.1.1. Germany
  - 15.3.1.2. Italy
  - 15.3.1.3. France
  - 15.3.1.4. U.K.
  - 15.3.1.5. Spain
  - 15.3.1.6. BENELUX
  - 15.3.1.7. Russia
  - 15.3.1.8. Rest of Europe
- 15.3.2. By Medical Devices/Implants
- 15.3.3. By End User
15.4. Market Attractiveness Analysis
- 15.4.1. By Country
- 15.4.2. By Medical Devices/Implants
- 15.4.3. By End User
15.5. Market Trends
15.6. Drivers and Restraints - Impact Analysis
15.7. Key Players - Intensity Mapping
15.8. Country Level Analysis & Forecast
- 15.8.1. Germany Market Analysis
  - 15.8.1.1. Introduction
  - 15.8.1.2. Market Analysis and Forecast by Market Taxonomy
    - 15.8.1.2.1. By Medical Devices/Implants
    - 15.8.1.2.2. By End User
- 15.8.2. Italy Market Analysis
  - 15.8.2.1. Introduction
  - 15.8.2.2. Market Analysis and Forecast by Market Taxonomy
    - 15.8.2.2.1. By Medical Devices/Implants
    - 15.8.2.2.2. By End User
- 15.8.3. France Market Analysis
  - 15.8.3.1. Introduction
  - 15.8.3.2. Market Analysis and Forecast by Market Taxonomy
    - 15.8.3.2.1. By Medical Devices/Implants
    - 15.8.3.2.2. By End User
- 15.8.4. U.K. Market Analysis
  - 15.8.4.1. Introduction
  - 15.8.4.2. Market Analysis and Forecast by Market Taxonomy
    - 15.8.4.2.1. By Medical Devices/Implants
    - 15.8.4.2.2. By End User
- 15.8.5. Spain Market Analysis
  - 15.8.5.1. Introduction
  - 15.8.5.2. Market Analysis and Forecast by Market Taxonomy
    - 15.8.5.2.1. By Medical Devices/Implants
    - 15.8.5.2.2. By End User
- 15.8.6. BENELUX Market Analysis
  - 15.8.6.1. Introduction
  - 15.8.6.2. Market Analysis and Forecast by Market Taxonomy
    - 15.8.6.2.1. By Medical Devices/Implants
    - 15.8.6.2.2. By End User
- 15.8.7. Russia Market Analysis
  - 15.8.7.1. Introduction
  - 15.8.7.2. Market Analysis and Forecast by Market Taxonomy
    - 15.8.7.2.1. By Medical Devices/Implants
    - 15.8.7.2.2. By End User

16. East Asia Market Analysis 2019-2023 and Forecast 2024-2033

16.1. Introduction
16.2. Historical Market Size (US$ Bn) Trend and Volume (Units) Analysis By Market Taxonomy, 2019-2023
16.3. Current and Future Market Value (US$ Bn) and Volume (Units) Analysis and Forecast, 2024-2033
- 16.3.1. By Country
  - 16.3.1.1. China
  - 16.3.1.2. Japan
  - 16.3.1.3. South Korea
- 16.3.2. By Medical Devices/Implants
- 16.3.3. By End User
16.4. Market Attractiveness Analysis
- 16.4.1. By Country
- 16.4.2. By Medical Devices/Implants
- 16.4.3. By End User
16.5. Market Trends
16.6. Drivers and Restraints - Impact Analysis
16.7. Key Players - Intensity Mapping
16.8. Country Level Analysis & Forecast
- 16.8.1. China Market Analysis
  - 16.8.1.1. Introduction
  - 16.8.1.2. Market Analysis and Forecast by Market Taxonomy
    - 16.8.1.2.1. By Medical Devices/Implants
    - 16.8.1.2.2. By End User
- 16.8.2. Japan Market Analysis
  - 16.8.2.1. Introduction
  - 16.8.2.2. Market Analysis and Forecast by Market Taxonomy
    - 16.8.2.2.1. By Medical Devices/Implants
    - 16.8.2.2.2. By End User
- 16.8.3. South Korea Market Analysis
  - 16.8.3.1. Introduction
  - 16.8.3.2. Market Analysis and Forecast by Market Taxonomy
    - 16.8.3.2.1. By Medical Devices/Implants
    - 16.8.3.2.2. By End User

17. South Asia Market Analysis 2019-2023 and Forecast 2024-2033

17.1. Introduction
17.2. Historical Market Size (US$ Bn) Trend and Volume (Units) Analysis By Market Taxonomy, 2019-2023
17.3. Current and Future Market Value (US$ Bn) and Volume (Units) Analysis and Forecast, 2024-2033
- 17.3.1. By Country
  - 17.3.1.1. India
  - 17.3.1.2. Indonesia
  - 17.3.1.3. Malaysia
  - 17.3.1.4. Thailand
  - 17.3.1.5. Rest of South Asia
- 17.3.2. By Medical Devices/Implants
- 17.3.3. By End User
17.4. Market Attractiveness Analysis
- 17.4.1. By Country
- 17.4.2. By Medical Devices/Implants
- 17.4.3. By End User
17.5. Market Trends
17.6. Drivers and Restraints - Impact Analysis
17.7. Key Players - Intensity Mapping
17.8. Country Level Analysis & Forecast
- 17.8.1. India Market Analysis
  - 17.8.1.1. Introduction
  - 17.8.1.2. Market Analysis and Forecast by Market Taxonomy
    - 17.8.1.2.1. By Medical Devices/Implants
    - 17.8.1.2.2. By End User
- 17.8.2. Indonesia Market Analysis
  - 17.8.2.1. Introduction
  - 17.8.2.2. Market Analysis and Forecast by Market Taxonomy
    - 17.8.2.2.1. By Medical Devices/Implants
    - 17.8.2.2.2. By End User
- 17.8.3. Malaysia Market Analysis
  - 17.8.3.1. Introduction
  - 17.8.3.2. Market Analysis and Forecast by Market Taxonomy
    - 17.8.3.2.1. By Medical Devices/Implants
    - 17.8.3.2.2. By End User
- 17.8.4. Thailand Market Analysis
  - 17.8.4.1. Introduction
  - 17.8.4.2. Market Analysis and Forecast by Market Taxonomy
    - 17.8.4.2.1. By Medical Devices/Implants
    - 17.8.4.2.2. By End User

18. Oceania Market 2019-2023 and Forecast 2024-2033

18.1. Introduction
18.2. Historical Market Size (US$ Bn) Trend and Volume (Units) Analysis By Market Taxonomy, 2019-2023
18.3. Current and Future Market Value (US$ Bn) and Volume (Units) Analysis and Forecast, 2024-2033
- 18.3.1. By Country
  - 18.3.1.1. Australia
  - 18.3.1.2. New Zealand
- 18.3.2. By Medical Devices/Implants
- 18.3.3. By End User
18.4. Market Attractiveness Analysis
- 18.4.1. By Country
- 18.4.2. By Medical Devices/Implants
- 18.4.3. By End User
18.5. Market Trends
18.6. Drivers and Restraints - Impact Analysis
18.7. Key Players - Intensity Mapping
18.8. Country Level Analysis & Forecast
- 18.8.1. Australia Market Analysis
  - 18.8.1.1. Introduction
  - 18.8.1.2. Market Analysis and Forecast by Market Taxonomy
    - 18.8.1.2.1. By Medical Devices/Implants
    - 18.8.1.2.2. By End User
- 18.8.2. New Zealand Market Analysis
  - 18.8.2.1. Introduction
  - 18.8.2.2. Market Analysis and Forecast by Market Taxonomy
    - 18.8.2.2.1. By Medical Devices/Implants
    - 18.8.2.2.2. By End User

19. Middle East and Africa (MEA) Market Analysis 2019-2023 and Forecast 2024-2033

19.1. Introduction
19.2. Historical Market Size (US$ Bn) Trend and Volume (Units) Analysis By Market Taxonomy, 2019-2023
19.3. Current and Future Market Value (US$ Bn) and Volume (Units) Analysis and Forecast, 2024-2033
- 19.3.1. By Country
  - 19.3.1.1. GCC Countries
  - 19.3.1.2. Turkiye
  - 19.3.1.3. North Africa
  - 19.3.1.4. South Africa
  - 19.3.1.5. Rest of Middle East and Africa
- 19.3.2. By Medical Devices/Implants
- 19.3.3. By End User
19.4. Market Attractiveness Analysis
- 19.4.1. By Country
- 19.4.2. By Medical Devices/Implants
- 19.4.3. By End User
19.5. Market Trends
19.6. Drivers and Restraints - Impact Analysis
19.7. Key Players - Intensity Mapping
19.8. Country Level Analysis & Forecast
- 19.8.1. GCC Countries Market Analysis
  - 19.8.1.1. Introduction
  - 19.8.1.2. Market Analysis and Forecast by Market Taxonomy
    - 19.8.1.2.1. By Medical Devices/Implants
    - 19.8.1.2.2. By End User
- 19.8.2. Turkiye Market Analysis
  - 19.8.2.1. Introduction
  - 19.8.2.2. Market Analysis and Forecast by Market Taxonomy
    - 19.8.2.2.1. By Medical Devices/Implants
    - 19.8.2.2.2. By End User
- 19.8.3. South Africa Market Analysis
  - 19.8.3.1. Introduction
  - 19.8.3.2. Market Analysis and Forecast by Market Taxonomy
    - 19.8.3.2.1. By Medical Devices/Implants
    - 19.8.3.2.2. By End User
- 19.8.4. North Africa Market Analysis
  - 19.8.4.1. Introduction
  - 19.8.4.2. Market Analysis and Forecast by Market Taxonomy
    - 19.8.4.2.1. By Medical Devices/Implants
    - 19.8.4.2.2. By End User

20. Market Structure Analysis

20.1. Market Analysis by Tier of Companies
20.2. Market Share Analysis of Top Players
20.3. Market Presence Analysis

21. Competition Analysis

21.1. Competition Dashboard
21.2. Competition Benchmarking
21.3. Competition Deep Dive
- 21.3.1. Johnson & Johnson
  - 21.3.1.1. Overview
  - 21.3.1.2. Product Portfolio
  - 21.3.1.3. Sales Footprint
  - 21.3.1.4. Key Financials
  - 21.3.1.5. SWOT Analysis
  - 21.3.1.6. Strategy Overview
- 21.3.2. Medtronic, Inc.
  - 21.3.2.1. Overview
  - 21.3.2.2. Product Portfolio
  - 21.3.2.3. Sales Footprint
  - 21.3.2.4. Key Financials
  - 21.3.2.5. SWOT Analysis
  - 21.3.2.6. Strategy Overview
- 21.3.3. Apollo Endosurgery Inc.
  - 21.3.3.1. Overview
  - 21.3.3.2. Product Portfolio
  - 21.3.3.3. Sales Footprint
  - 21.3.3.4. Key Financials
  - 21.3.3.5. SWOT Analysis
  - 21.3.3.6. Strategy Overview
- 21.3.4. Aspire Bariatrics
  - 21.3.4.1. Overview
  - 21.3.4.2. Product Portfolio
  - 21.3.4.3. Sales Footprint
  - 21.3.4.4. Key Financials
  - 21.3.4.5. SWOT Analysis
  - 21.3.4.6. Strategy Overview
- 21.3.5. Spatz FGIA Inc.
  - 21.3.5.1. Overview
  - 21.3.5.2. Product Portfolio
  - 21.3.5.3. Sales Footprint
  - 21.3.5.4. Key Financials
  - 21.3.5.5. SWOT Analysis
  - 21.3.5.6. Strategy Overview
- 21.3.6. MetaCure
  - 21.3.6.1. Overview
  - 21.3.6.2. Product Portfolio
  - 21.3.6.3. Sales Footprint
  - 21.3.6.4. Key Financials
  - 21.3.6.5. SWOT Analysis
  - 21.3.6.6. Strategy Overview
- 21.3.7. IntraPace Inc.
  - 21.3.7.1. Overview
  - 21.3.7.2. Product Portfolio
  - 21.3.7.3. Sales Footprint
  - 21.3.7.4. Key Financials
  - 21.3.7.5. SWOT Analysis
  - 21.3.7.6. Strategy Overview
- 21.3.8. Other
  - 21.3.8.1. Overview
  - 21.3.8.2. Product Portfolio
  - 21.3.8.3. Sales Footprint
  - 21.3.8.4. Key Financials
  - 21.3.8.5. SWOT Analysis
  - 21.3.8.6. Strategy Overview