Global Obesity Surgery Devices Market - Asia-Pacific to Witness Highest Growt

Global Market Study on Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020

Persistence Market Research

Global Obesity Surgery Devices Market Will Reach $2,489.5 Million in 2020 - Persistence Market Research

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Global Market Study on Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020 Persistence Market Research Released New Market Report “Global Market Study on Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020” the global obesity surgery devices market was valued at USD 1,432.4 million in 2014 and is expected to grow at a CAGR of 9.6% from 2014 to 2020, to reach an estimated value of USD 2,489.5 million in 2020.

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New York City, New York, August 10, 2015: The report “Global Market Study on Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020”, recently published by Persistence Market Research, presents a detailed account of the global market for obesity surgery devices and its key elements. The report states that the market is moving along a promising growth path and will grow at a swift pace over the report’s forecast period.

The report states that the market will grow at a CAGR of 9.6% between 2014 and 2020 and reach a net worth of US$2,489.5 million by 2020; the market had a net worth of US$1,432.4 million in 2014. The rising prevalence of obesity and other associated diseases that can arise as a consequence of obesity are the key forces driving the global obesity surgery devices market. According to the WHO, prevalence of obesity has more than doubled since 1980.

There were more than 600 million obese adults (people above 18 years) in 2014 across the globe.

Increasing prevalence of a sedentary lifestyle among the global population, escalating cases of obesity in every age group, and widespread preference for junk food are rapidly leading the world to a state of an ‘obesity epidemic’. Studies show that obesity leads to an increased risk of heart diseases, strokes, type 2 diabetes, and some forms of cancer. Obesity has thus become one of the leading preventable causes of death across the world.

The global obesity surgery devices market covers a variety of surgical procedures and the devices that are required for carrying out these surgeries. A number of surgical procedures are widely available across the globe. The report studies the chief ones of these, including sleeve gastrectomy, biliopancreatic diversion with duodenal switch, adjustable gastric banding, and Roux-en-Y gastric bypass. Obesity surgery devices in the market studied in the report include gastric bands, intragastric balloons, staples, and gastric electrical stimulation.

Key regional segments of the market studied in the report include North America, Europe, Asia Pacific, and the Rest of the World (RoW).

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Global Market Study on Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020

It is estimated that more than 13% of North America’s population was obese in 2011 and more than 50% of the overall population of Europe was obese in 2010. However, it is Asia Pacific that is being affected the most by obesity in recent times. The report states that China and India, the world’s two most populous countries, accounted for nearly 15% of the world’s obese population in 2013. Many countries in Southeast Asia and Western Pacific are also facing an epidemic-like situation of diseases associated with obesity, making Asia Pacific the most lucrative regional market for obesity surgery devices.

While growth prospects for the market look highly upbeat, some issues such as excessive cost of surgery and inadequate insurance coverage for surgeries, along with the selective nature of most of these procedures, are impeding the market’s growth.

Some of the key companies operating in the global obesity surgery market include Medtronic, Inc., Aspire Bariatrics, Johnson & Johnson, Apollo Endosurgery Inc., IntraPace Inc., MetaCure, and Spatz FGIA Inc.

Market History: Globally, the obesity surgery devices market is witnessing significant growth due to increasing obesity epidemic and increasing sedentary lifestyle and junk food habits.

Increasing prevalence of obesity among children and adults is posing a threat in both developed and developing nations. Excess body weight directly contributes to increasing risk of stroke, heart diseases, type-2 diabetes and some forms of cancer.

Obesity surgery is a broadly available treatment for persons with severe and complex obesity. However, inadequate insurance coverage for the procedure and excessive cost of surgery often makes it unaffordable. In addition, selective nature of obesity surgery, due to its complications, restricts growth of obesity surgery devices market.

The global obesity surgery device market is estimated at USD 1,432.4 million in 2014. It is likely to grow at a CAGR of 9.6% from 2014 to 2020 to reach USD 2,489.5 million in 2020.

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Global Market Study on Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020 North America is the largest market for global obesity surgery devices. Roux-en-Y gastric bypass is the largest procedure of obesity surgery and staples is the largest type of obesity surgery device. In terms of growth, Asia Pacific is the fastest growing region, sleeve gastrectomy is the fastest growing procedure and gastric electrical stimulation is the fastest growing type of obesity surgery device.

North America obesity surgery devices market was valued at USD 968.7 million in 2014 and is expected to reach USD 1,665.2 million in 2020, growing at a CAGR of 9.4% from 2014 to 2020.

Request Sample Report: http://www.persistencemarketresearch.com/samples/2894 Roux-en-Y gastric bypass procedure for obesity surgery was valued at USD 691.4 million in 2014 and is expected to reach USD 1,225.9 million in 2020, growing at a CAGR of 10% from 2014 to 2020.

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Global Market Study on Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020

Table of Content Table of Content Chapter 1 Preface 9 1.1 Report Description 9 1.2 Research Methodology 10 1.3 Assumptions 10 Chapter 2 Market Synopsis 11 Chapter 3 Porter Five Forces Analysis 13 3.1 Bargaining power of suppliers 13 3.2 Bargaining power of buyers 14 3.3 Threat of new entrants 14 3.4 Threat of substitutes 14 3.5 Intensity of rivalry 14 Chapter 4 Industry Overview 15 4.1 Market Definition 15 4.2 Market Drivers 17 4.2.1 Global obesity endemic 17 4.2.2 Increasing sedentary lifestyle and junk food habits lead to obesity 18 4.2.3 Increasing prevalence of childhood obesity 19 4.2.4 Increasing medical tourism promotes medical surgery 20 4.3 Impact Analysis of Market Drivers 21 4.4 Market Restraints 22 4.4.1 Selective nature of obesity surgery 22 4.4.2 Long-term and short-term complication restrict patient from undergoing surgery 22 4.4.3 Limited insurance coverage for obesity surgery 23 4.5 Impact Analysis of Market Restraints 23 4.6 Market Trends 24 4.6.1 Demand for less invasive procedures for obesity surgery 24 4.6.2 Increasing demand for gastric electrical stimulation 24

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Global Market Study on Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020

Chapter 5 Global Market Size and Forecast 25 Chapter 6 Market Size and Forecast by Procedure 31 6.1 Sleeve Gastrectomy 31 6.2 Adjustable Gastric Banding 33 6.3 Roux-en-Y Gastric Bypass 35 6.4 Biliopancreatic Diversion with Duodenal Switch 37 Chapter 7 Market Size and Forecast by Devices 40 7.1 Intragastric Balloons 40 7.2 Gastric electrical stimulators 42 7.3 Gastric bands 44 7.4 Staples 46 Chapter 8 Market Size and Forecast by Geography 49 8.1 North America 49 8.2 Europe 51 8.3 Asia Pacific 54 8.4 Rest of the World 56 Chapter 9 Competitive Scenario 57 9.1 Competitive Benchmarking 57 Chapter 10 Company Profiles 59 10.1 Johnson & Johnson 59 10.1.1 Company Overview 59 10.1.2 Products and Services 59 10.1.3 Financial Performance 59 10.1.4 Recent Developments 60 10.2 Medtronic Inc 61 10.2.1 Company Overview 61 10.2.2 Products and Services 61 10.2.3 Financial Performance 61

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Global Market Study on Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020 10.2.4 Recent Developments 62 10.3 Aspire Bariatrics 63 10.3.1 Company Overview 63 10.3.2 Products and Services 63 10.3.3 Financial Performance 63 10.3.4 Recent Developments 63 10.4 Apollo Endosurgery, Inc 64 10.4.1 Company Overview 64 10.4.2 Products and Services 64 10.4.3 Financial Performance 64 10.4.4 Recent Developments 65 10.5 USGI Medical, Inc. 66 10.5.1 Company Overview 66 10.5.2 Products and Services 66 10.5.3 Financial Performance 66 10.5.4 Recent Developments 67 10.6 Spatz FGIA, Inc. 68 10.6.1 Company Overview 68 10.6.2 Products and Services 68 10.6.3 Financial Performance 68 10.6.4 Recent Developments 68 10.7 W.L. Gore & Associates, Inc 69 10.7.1 Company Overview 69 10.7.2 Products and Services 69 10.7.3 Financial Performance 69 10.7.4 Recent Developments 69 10.8 IntraPace, Inc. 70 10.8.1 Company Overview 70 10.8.2 Products and Services 70 10.8.3 Financial Performance 70 10.8.4 Recent Developments 70 10.9 MetaCure 71 10.9.1 Company Overview 71 10.9.2 Products and Services 71 10.9.3 Financial Performance 71 10.9.4 Recent Developments 71

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Global Market Study on Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020 10.10 ReShape Medical, Inc. 72 10.10.1 Company Overview 72 10.10.2 Products and Services 72 10.10.3 Financial Performance 72 10.10.4 Recent Developments 72 List of Tables TABLE 1 Market Snapshot: Obesity Surgery Devices Market (2014 & 2020) 11 TABLE 2 Prevalence of obesity (%) by region, gender and age 20 TABLE 3 Cost of gastric bypass surgery in various countries and average saving compared to the U.S. 21 TABLE 4 Drivers for obesity surgery devices market: Impact analysis 21 TABLE 5 Restraints of obesity surgery devices market: impact analysis 23 TABLE 6 Global obesity surgery device market size by region, 2010-2013 (USD Million) 26 TABLE 7 Global obesity surgery devices market size by region, 2014-2020 (USD Million) 26 TABLE 8 Global obesity surgery devices market by procedure 2010 - 2013 (USD Million) 27 TABLE 9 Global obesity surgery devices market volume and forecast, by geography 2014 2020 (thousand tons) 28 TABLE 10 Global obesity surgery devices market by devices 2010 - 2013 (USD Million) 29 TABLE 11 Global obesity surgery devices market by devices 2014 - 2020 (USD Million) 30 TABLE 12 Global sleeve gastrectomy procedure market size by region 2010 - 2013 (USD Million) 32 TABLE 13 Global sleeve gastrectomy procedure market size by region 2014 - 2020 (USD Million) 32 TABLE 14 Global adjustable gastric banding procedure market by region 2010 - 2013 (USD Million) 34 TABLE 15 Global adjustable gastric banding market by region 2014 - 2020 (USD Million) 34 TABLE 16 Global Roux-en-Y gastric bypass procedure market by region 2010 - 2013 (USD Million) 36 TABLE 17 Global Roux-en-Y gastric bypass procedure market by geography 2014 - 2020 (USD Million) 36 TABLE 18 Global biliopancreatic diversion with duodenal switch procedure market by region 2010 - 2013 (USD Million) 38 TABLE 19 Global biliopancreatic diversion with duodenal switch procedure market by region 2014 - 2020 (USD Million) 38

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Global Market Study on Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020 TABLE 20 Global intragastric balloon device market by geography 2010 - 2013 (USD Million) 41 TABLE 21 Global intragastric balloon device market by geography 2014 - 2020 (USD Million) 41 TABLE 22 Global gastric electrical stimulator device market by geography 2010 - 2013 (USD Million) 43 TABLE 23 Global gastric electrical stimulator market by geography 2014 - 2020 (USD Million) 43 TABLE 24 Global gastric band devices market by geography 2010 - 2013 (USD Million) 45 TABLE 25 Global gastric band device market by geography 2014 - 2020 (USD Million) 45 TABLE 26 Global staples device market by geography 2010 - 2013 (USD Million) 47 TABLE 27 Global staples device market by geography 2014 - 2020 (USD Million) 47 TABLE 28 The North American obesity surgery devices market size by country, 2010 - 2013 (USD Million) 50 TABLE 29 The North American obesity surgery market size by country, 2014 - 2020 (USD Million) 51 TABLE 30 The European obesity surgery devices market size by country, 2010 - 2013 (USD Million) 52 TABLE 31 The European obesity surgery devices market size by country, 2014 - 2020 (USD Million) 53 TABLE 32 Asia Pacific obesity surgery devices market size by country, 2010 - 2013 (USD Million) 55 TABLE 33 Asia Pacific obesity surgery devices market size by country 2014 - 2020 (USD Million) 56 TABLE 34 Some of the other players in obesity surgery devices market 58 TABLE 35 Major categories and products of Johnson & Johnson 59 TABLE 36 Some of the major products and services of Medtronic 61 TABLE 37 Product of Aspire Bariatrics and its application 63 TABLE 38 Some of the major products of Apollo Endosurgery and their applications 64 TABLE 39 Some of the major USGI Medical products and their applications 66 TABLE 40 Spatz FGIA product and its application 68 TABLE 41 Some of the major W. L. Gore & Associate’s products and their applications 69 TABLE 42 IntraPace product and its application 70 TABLE 43 MetaCure’s product and its application 71 TABLE 44 ReShape Medical’s product and its application 72

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Global Market Study on Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020

List of Figures FIG. 1 Obesity surgery devices market: Porters Five Force Analysis 13 FIG. 2 Some benefits of obesity surgery 15 FIG. 3 Types of obesity surgery procedures 16 FIG. 4 Prevalence of overweight or obese males and females aged 30 years and above (2005 and 2015 %) 17 FIG. 5 Frequency of consumption of fast food in the U.S. 19 FIG. 6 Global obesity surgery devices market share by region, by value, 2013 and 2020 25 FIG. 7 Global obesity surgery devices market share by procedure, by value, 2013 and 2020 27 FIG. 8 Global obesity surgery devices market share by devices, by value, 2013 and 2020 29 FIG. 9 Global sleeve gastrectomy procedure market share by region, by value, 2013 and 2020 31 FIG. 10 Global adjustable gastric banding procedure market share by region, by value, 2013 and 2020 33 FIG. 11 Global Roux-en-Y gastric bypass procedure market share by region, by value, 2013 and 2020 35 FIG. 12 Global biliopancreatic Diversion with duodenal switch procedure market share by region, by value, 2013 and 2020 37 FIG. 13 Global intragastric balloon device market share by region, by value, 2013 and 2020 40 FIG. 14 Global gastric electrical stimulator devices market share by region, by value, 2013 and 2020 42 FIG. 15 Global gastric band devices market share by region, by value, 2013 and 2020 44 FIG. 16 Global staples devices market share by region, by value, 2013 and 2020 46 FIG. 17 The North American obesity surgery devices market share by country, by value, 2013 and 2020 50 FIG. 18 The European obesity surgery devices market share by country, by value, 2013 and 2020 52 FIG. 19 Asia Pacific obesity surgery devices market share by region, by value, 2013 and 2020 55 FIG. 20 Competitive benchmarking of obesity surgery devices market 57 FIG. 21 Johnson & Johnson sales and net earnings 2011-2013 (USD Million) 60 FIG. 22 Medtronic net sales and net earnings 2011-2013 (USD Million) 62

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Global Market Study on Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020

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