Gastric Bands Market: By Product Type (Adjustable Gastric Bands, Non-Adjustable Gastric Bands), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Others), and Geography

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Gastric Bands Market size was estimated at USD x million in 2022 and is poised to grow at a CAGR of 4.3% from 2023 to 2029. The global market provides a detailed overview and that can be segmented by product type and by end user. By product type, the global gastric bands market has been segmented into Adjustable Gastric Bands and Non-Adjustable Gastric Bands. The Adjustable Gastric Bands segment is likely to be the largest and fastest-growing segment in terms of type in 2021 and is expected to maintain the trend in the upcoming forecasted years according to precision business insights. Based on end user, the global gastric bands market is segmented into Hospital, Clinics, Ambulatory Surgical Centers, and Others. Gastric band devices are majorly used by surgeons to treat obesity and it reduces the consumption of food. Obesity rates is continuously increasing for all population groups across the world over the last several decades due to unhealthy eating habits, increasing consumption of alcohol and cigarette, and poor lifestyle. For instance, in 2015-16, in Unites States, 39.8% of adults aged 20 and over were obese (including 7.7% with severe obesity) and that another 31.8% were overweight. Globally, about 13% of the world’s population were obese in 2016. The increasing adoption of minimally invasive technologies and change in lifestyle and dietary habits that increases obesity are the major factors that are driving the growth of the market. Moreover, increasing per capita expenditure on healthcare in emerging countries and initiatives by the government bodies in healthcare infrastructure development are expected to boost the growth of the market.  

Gastric Bands Market Key Developments:

  • In Aug 2022, ReShape Lifescience received FDA 510(k) clearance for the GIBI HD calibration tubes for use in gastric and bariatric procedures.

Global Gastric Bands Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.3%

Largest Market

North America

Fastest Growing Market

Europe
Gastric Bands Market Dynamics

Obesity is a major health issue, resulting in numerous diseases, specifically increased risk of certain types of cancer, coronary artery disease, type 2 diabetes, stroke etc. as well as significant increase in early mortality and economic costs. Obesity rates have increased for all population groups in the United States over the last several decades. For instance, in 2015-16, in Unites States, 39.8% of adults aged 20 and over were obese (including 7.7% with severe obesity) and that another 31.8% were overweight. Globally, about 13% of the world’s population were obese in 2016. The worldwide prevalence of obesity nearly tripled between 1975 and 2016.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

Global Gastric Bands Market Segmentation

By Product Type
  • Adjustable Gastric Bands
  • Non-Adjustable Gastric Bands
By End User
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

The fastest-growing segment of the global gastric bands market is Adjustable Gastric Bands due to its high demand in the global market.

Least invasive surgeries are the key trends in the global market. Hence, it will increase the globa; gastric bands market growth.

Better healthcare infrastructure and medical tourism will provide lucrative opportunity in the global market.

High cost of gastric band devices and poor reimbursement policies may hamper the global market growth in the upcoming years.

 

  1. Executive Summary
  2. Global Gastric Bands Market Introduction
    • Global Gastric Bands Market - Taxonomy
    • Global Gastric Bands Market -Definitions
      • By Product Type
      • By End User
      • By Region
  1. Global Gastric Bands Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Gastric Bands Market Dynamics - Factors Impact Analysis
  2. Global Gastric Bands Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Gastric Bands Market Forecast, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029
    • Adjustable Gastric Bands
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Non-Adjustable Gastric Bands
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Gastric Bands Market Forecast, By End User, 2018 - 2022 and Forecast, 2023 - 2029
    • Hospitals
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Clinics
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Ambulatory Surgical Centers
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Gastric Bands Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029
    • North America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia Pacific
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • The Middle East & Africa
      • Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Gastric Bands Market - Opportunity Analysis Index, By Product Type, By End User, and Region, 2023 - 2029
  2. North America Gastric Bands Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Product Type Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Adjustable Gastric Bands
      • Non-Adjustable Gastric Bands
    • End User Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals
      • Clinics
      • Ambulatory Surgical Centers
      • Others
    • Country Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Gastric Bands Market - Opportunity Analysis Index, By Product Type, By End User, and Country, 2023 - 2029
    • North America Gastric Bands Market Dynamics - Trends
  3. Europe Gastric Bands Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Product Type Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Adjustable Gastric Bands
      • Non-Adjustable Gastric Bands
    • End User Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals
      • Clinics
      • Ambulatory Surgical Centers
      • Others
    • Country Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • UK.
      • Germany
      • France
      • Italy
      • Spain
      • Russia
      • Rest of Europe
    • Europe Gastric Bands Market - Opportunity Analysis Index, By Product Type, By End User, and Country, 2023 - 2029
    • Europe Gastric Bands Market Dynamics - Trends
  4. Asia Pacific Gastric Bands Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Product Type Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Adjustable Gastric Bands
      • Non-Adjustable Gastric Bands
    • End User Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals
      • Clinics
      • Ambulatory Surgical Centers
      • Others
    • Country Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • China
      • Japan
      • India
      • ASEAN Counties
      • Philippines
      • Rest of Asia Pacific
    • Asia Pacific Gastric Bands Market - Opportunity Analysis Index, By Product Type, By End User, and Country, 2023 - 2029
    • Asia Pacific Gastric Bands Market Dynamics - Trends
  5. Latin America Gastric Bands Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Product Type Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Adjustable Gastric Bands
      • Non-Adjustable Gastric Bands
    • End User Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals
      • Clinics
      • Ambulatory Surgical Centers
      • Others
    • Country Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Mexico
      • Brazil
      • Argentina
      • Chile
      • Rest of Latin America
    • Latin America Gastric Bands Market - Opportunity Analysis Index, By Product Type, By End User, and Country, 2023 - 2029
    • Latin America Gastric Bands Market Dynamics - Trends
  6. Middle East and Africa Gastric Bands Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
    • Product Type Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Adjustable Gastric Bands
      • Non-Adjustable Gastric Bands
    • End User Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals
      • Clinics
      • Ambulatory Surgical Centers
      • Others
    • Country Analysis (2018 - 2022) and Forecast (2023 - 2029) by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • GCC Countries
      • South Africa
      • Saudi Arabia
      • Turkey
      • Rest of MEA
    • Middle East and Africa Gastric Bands Market - Opportunity Analysis Index, By Product Type, By End User, and Country, 2023 - 2029
    • Middle East and Africa Gastric Bands Market Dynamics - Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Key Developments, Strategies, and SWOT Analysis)
      • Cousin Biotech
      • Helioscopie Ethicon USA, LLC
      • Apollo Endosurgery, Inc.
      • Medtronic
      • TransEnterix Surgical, Inc
      • M.I. GmbH
      • Bariatric Partners, Inc
      • Murfreesboro Surgical Specialists
      • Obtech Medical AG
      • Millennium Surgical
      • Mediflex Surgical
  1. Research Methodology
  2. Key Assumptions and Acronyms
  • Cousin Biotech
  • Helioscopie Ethicon USA, LLC
  • Apollo Endosurgery, Inc.
  • Medtronic
  • TransEnterix Surgical, Inc
  • M.I. GmbH
  • Bariatric Partners, Inc
  • Murfreesboro Surgical Specialists
  • Obtech Medical AG
  • Millennium Surgical
  • Mediflex Surgical

Adjacent Markets