Global Obesity Surgery Devices Market – Analysis and Forecast (2019-2024)

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Global Obesity Surgery Devices Market

The global obesity surgery devices market is growing at a significant rate, due to escalating obese population, mounting inclination for minimally invasive procedures. Different types such as minimally invasive surgical devices and noninvasive surgical devices contributed to the obesity surgery devices market size. The market has witnessed a high demand for minimally invasive surgical devices due to the mounting occurrence of obesity and the necessity for minimal discomfort ÂŠ 2018 VynZ Research All rights reserved

and trauma.

Global Obesity Surgery Devices Market Escalating obese population, mounting inclination for minimally invasive procedures, expanding regulatory approval, intensifying inventions in research and development of medical devices, and expanding reimbursement coverage are the primary growth drivers for obesity surgery devices market. For instance, according to the World Health Organization (WHO), more than 1.9 million adults were overweight and 650 million adults were obese. In addition, in 2016, 13% of the adultâ&#x20AC;&#x2122;s population was obese. Moreover, according to the WHO in 2016, 41 million children under the age of five years were obese and overweight. Changing lifestyle and excessive intake of calories, expanding the number of bariatric surgeries, escalating expenditure on weight loss procedure, growing alertness among the obese population, and government initiatives for escalating alertness about unhealthy food and drinks are also facilitating the growth for the obesity surgery devices market. ÂŠ 2018 VynZ Research All rights reserved

Global Obesity Surgery Devices Market

Asia-Pacific is observed to witness the fastest growth in the market, due to the escalating number of bariatric surgeries. In addition, escalating medical tourism, the mounting occurrence of the obese population, changing lifestyle, and government initiatives to limit obesity are also creating a positive impact on the obesity surgery devices market growth in the region. The obesity surgery devices industry players are catering to the demand of these devices by investing in technologically advanced products in their product portfolio across the globe. In June 2018, Apollo Endosurgery, Inc. received FDA approval of revised labeling for the ORBERA intragastric balloon system. Intuitive Surgical, Johnson & Johnson, Mediflex Surgical Products, Apollo Endosurgery, Medtronic Plc, Spatz Fgia, Olympus Corporation, Cousin Biotech, and Aspire Bariatrics are the key players offering obesity surgery devices. ÂŠ 2018 VynZ Research All rights reserved

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Global Obesity Surgery Devices Market – Analysis and Forecast (2019-2024)

Published on May 13, 2020

kumarharindra784

The global obesity surgery devices market is growing at a significant rate, due to escalating obese population, mounting inclination for minimally invasive procedures. Different types such as minimally invasive surgical devices and non-invasive surgical devices contributed to the obesity surgery devices market size. The market has witnessed a high demand for minimally invasive surgical devices due to the mounting occurrence of obesity and the necessity for minimal discomfort and trauma. Obesity surgery is also known as bariatric surgery. It is a surgical weight loss solution which restricts the ability of the stomach or the absorption of calories. Need for less invasive methods for obesity surgery, and the mounting need for gastric electrical stimulation are the major trends observed in the obesity surgery devices market.