DUBLIN--(BUSINESS WIRE)--The "Global Bariatric Surgery Devices Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026" report has been added to ResearchAndMarkets.com's offering.
The global bariatric surgery devices market was valued at US$ 2,006.0 Mn in 2017, and expected to reach US$ 3,163.5 Mn by 2026, expanding at a CAGR of 5.1% from 2018 to 2026.
High prevalence of obesity and increased number of overweight population in developed as well as developing countries, and escalating burden on healthcare expenditure and infrastructure have increased the demand for bariatric surgery procedures. According to the Center for Disease Control and Prevention (CDC), more than one-third (36.5%) of the United States adults have obesity in 2014 corresponding to more than 72 million people. Furthermore, the prevalence of obesity was higher among women (38.3%) than men (34.3%) in 2014.
Additionally, in 2008, the medical cost of obesity was estimated to $ 149 billion annually in the United States. Furthermore, CDC has projected that obesity rate will reach 42% by 2030 with an added $550 billion in medical expenses.
In several countries, the government is structuring strategic initiatives to reduce the cases of obesity. For instance, the British Government had introduced Healthy Weight, Healthy Lives' strategy to reverse the rising tide of obesity and overweight in the population primarily focusing on the children. Coupled with such initiatives, the governments of developed nations are also funding some of the prominent institutions to develop interventions for obesity treatment.
Although numerous players are marketing their products worldwide, the market is dominated by few major players.
Key Topics Covered:
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Bariatric Surgery Devices Market: Market Dynamics and Outlook
Chapter 4. Bariatric Surgery Devices Market, by Type, 2016 - 2026 (US$ Mn)
Chapter 5. Bariatric Surgery Devices Market, by Geography, 2016 - 2026 (US$ Mn)
Chapter 6. Company Profiles
- Apollo Endosurgery, Inc.
- Covidien Plc
- EnteroMedics, Inc.
- Ethicon, Inc.
- Intuitive Surgical, Inc.
- Reach Surgical, Inc.
- Spatz FGIA, Inc.
- TransEnterix, Inc.
- USGI Medical, Inc.
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