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Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Bariatric Surgery Market: By Procedure Type, By End-User and Geography
Bariatric Surgery Market: By Procedure Type, By End-User and Geography
Bariatric Surgery Market size was valued at US$ 2,289.6 million in 2023 and is expected to grow at a CAGR of 6.9% from 2024 to 2030. Bariatric surgery encompasses various surgical procedures designed to induce weight loss in individuals with severe obesity. These procedures are crucial for treating obesity-related comorbidities such as type 2 diabetes, hypertension, and sleep apnoea. Obesity affected over 890 million adults globally in 2022, highlighting the importance of effective interventions.
The increasing prevalence of obesity, coupled with growing awareness of its health implications, drives the market growth. Additionally, technological advancements in surgical techniques and devices contribute to market growth by improving safety and efficacy. The COVID-19 pandemic initially caused a temporary decline in elective surgeries but has since heightened awareness about obesity as a risk factor for severe COVID-19 outcomes, potentially increasing long-term demand for bariatric procedures. Furthermore, expanding insurance coverage for bariatric surgery in many countries is expected to increase procedure accessibility. However, challenges such as high procedural costs, potential complications, and stringent patient selection criteria may hinder market growth.
In January 2023, Allurion Technologies, a company specializing in weight loss devices, announced plans to go public through a SPAC merger.
In 2022, Ethicon, part of Johnson & Johnson MedTech, launched the ECHELON 3000 Stapler, a digitally enabled device designed to:
Study Period
2024-2030Base Year
2023CAGR
6.9%Largest Market
North-AmericaFastest Growing Market
Asia-Pacific
The rising prevalence of obesity worldwide is a significant driver for the bariatric surgery market. Obesity is associated with numerous health complications, including cardiovascular diseases, diabetes, and certain cancers, leading to increased demand for effective weight loss interventions. As of 2024, the global obesity statistics have continued to rise significantly. According to the World Obesity Federation, more than 1 billion people worldwide are obese. This includes 650 million adults, 340 million adolescents, and 39 million children. This high disease burden emphasizes the need for bariatric surgery as a treatment option.
Additionally, there has been growing recognition of bariatric surgery as an effective treatment for type 2 diabetes in obese patients, expanding the potential patient pool. Technological advancements, such as the development of minimally invasive and robotic-assisted surgical techniques, have improved safety profiles and reduced recovery times, further driving market growth. However, the high cost of procedures, potential for complications, and stringent patient selection criteria may hinder market expansion in some regions.
The North America Bariatric Surgery Market accounted for the largest share of the and is expected to retain its dominance in forecasted years. Factors contributing to North America's leading position include high obesity rates, advanced healthcare infrastructure, favorable reimbursement policies, and the presence of key market players. The Asia-Pacific region is anticipated to show the fastest growth during the forecast period. Rising obesity rates, improving healthcare infrastructure, and increasing healthcare expenditure in countries like China and India are expected to fuel market growth in this region.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 2,289.6 million |
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Market CAGR |
6.9% |
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By Procedure Type |
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By End User |
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The Bariatric Surgery Market was valued at US$ 2,289.6 million in 2023 and is expected to grow at a CAGR of 6.9% from 2024 to 2030.
The Bariatric Surgery Market is segmented based on Procedure Type, End User, and Geography.
The leading players in the global Bariatric Surgery Market are Medtronic plc, Johnson & Johnson (Ethicon), Intuitive Surgical, Inc., Apollo Endosurgery, Inc., ReShape Lifesciences Inc., Olympus Corporation, and others listed in the Competition Assessment section.
| 1.Executive Summary |
| 2.Global Bariatric Surgery Market Introduction |
| 2.1.Global Bariatric Surgery Market - Taxonomy |
| 2.2.Global Bariatric Surgery Market - Definitions |
| 2.2.1.Procedure Type |
| 2.2.2.End User |
| 2.2.3.Region |
| 3.Global Bariatric Surgery Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Bariatric Surgery Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Bariatric Surgery Market By Procedure Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Gastric Bypass |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Sleeve Gastrectomy |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Adjustable Gastric Band |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others (Biliopancreatic Diversion, Gastric Balloon) |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Bariatric Surgery Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Hospitals |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Bariatric Surgery Centers |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Ambulatory Surgical Centers |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Bariatric Surgery Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Bariatric Surgery Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Procedure Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Gastric Bypass |
| 8.1.2.Sleeve Gastrectomy |
| 8.1.3.Adjustable Gastric Band |
| 8.1.4.Others (Biliopancreatic Diversion, Gastric Balloon) |
| 8.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Hospitals |
| 8.2.2.Bariatric Surgery Centers |
| 8.2.3.Ambulatory Surgical Centers |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Bariatric Surgery Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Procedure Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Gastric Bypass |
| 9.1.2.Sleeve Gastrectomy |
| 9.1.3.Adjustable Gastric Band |
| 9.1.4.Others (Biliopancreatic Diversion, Gastric Balloon) |
| 9.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Hospitals |
| 9.2.2.Bariatric Surgery Centers |
| 9.2.3.Ambulatory Surgical Centers |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 10.Asia Pacific (APAC) Bariatric Surgery Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Procedure Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Gastric Bypass |
| 10.1.2.Sleeve Gastrectomy |
| 10.1.3.Adjustable Gastric Band |
| 10.1.4.Others (Biliopancreatic Diversion, Gastric Balloon) |
| 10.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Hospitals |
| 10.2.2.Bariatric Surgery Centers |
| 10.2.3.Ambulatory Surgical Centers |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Bariatric Surgery Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Procedure Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Gastric Bypass |
| 11.1.2.Sleeve Gastrectomy |
| 11.1.3.Adjustable Gastric Band |
| 11.1.4.Others (Biliopancreatic Diversion, Gastric Balloon) |
| 11.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Hospitals |
| 11.2.2.Bariatric Surgery Centers |
| 11.2.3.Ambulatory Surgical Centers |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Bariatric Surgery Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Procedure Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Gastric Bypass |
| 12.1.2.Sleeve Gastrectomy |
| 12.1.3.Adjustable Gastric Band |
| 12.1.4.Others (Biliopancreatic Diversion, Gastric Balloon) |
| 12.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Hospitals |
| 12.2.2.Bariatric Surgery Centers |
| 12.2.3.Ambulatory Surgical Centers |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Medtronic plc |
| 13.2.2.Johnson & Johnson (Ethicon) |
| 13.2.3.Intuitive Surgical, Inc. |
| 13.2.4.Apollo Endosurgery, Inc. |
| 13.2.5.ReShape Lifesciences Inc. |
| 13.2.6.Olympus Corporation |
| 13.2.7.Cousin Biotech |
| 13.2.8.Allergan Inc. |
| 13.2.9.Aspire Bariatrics, Inc. |
| 13.2.10.Mediflex Surgical Products |
| 13.2.11.Spatz FGIA, Inc. |
| 13.2.12.MID (Medical Innovation Developpement) |
| 13.2.13.Obalon Therapeutics, Inc. |
| 13.2.14.Endogastric Solutions, Inc. |
| 13.2.15.EnteroMedics Inc. |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthcare domain, encompassing pharmaceuticals, medical devices, and diagnostics. A graduate in Pharmacy, he possesses a strong foundation in the intricacies of the healthcare sector. He further enhanced his expertise by pursuing an MBA in Pharmaceuticals, equipping him with valuable business acumen. His analytical skills and market insights have contributed to strategic decision-making and enhanced market positioning for various healthcare organizations. Committed to driving innovation and excellence, Muni continues to seek opportunities to improve healthcare delivery through data-driven insights.