Bariatric Devices Market Scope
The bariatric devises market is expected to grow in the future due to rising obesity among the population and increasing the number of bariatric surgeries. The rising number of diabetes and high blood pressure and a reduction in their cholesterol patients indicate a strong demand for bariatric devices in the forecasted period.
The market study is being classified by Type (Minimally Invasive Surgical Devices and Non-invasive Surgical Devices), by Application (Bariatric Surgery Clinics, Hospitals and Ambulatory Surgical Centers) and major geographies with country level break-up.
The global bariatric devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Bariatric Devices market throughout the predicted period.
Medtronic plc (Ireland), Allergan plc (Ireland), EnteroMedics Inc. (United States), Aspire Bariatrics (United States), Cousin Biotech (France), Ethicon (United States), Intuitive Surgical (United States), Apollo Endosurgery (United States), ReShape Lifesciences (United States), Covidien Plc (Ireland) and Endogastric Solutions, Inc. (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Mediflex Surgical Products (United States) and Spatz FGIA (United States).
AdvanceMarketAnalytics has segmented the market of Global Bariatric Devices market by Type, Application and Region.
On the basis of geography, the market of Bariatric Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In Dec 2019, Medtronic plc announced it has completed the acquisition of Klue, a software company focused on behavior tracking that can provide real-time insights into when a person is consuming food. Klue’s technology is expected to be incorporated into the Medtronic Personalized Closed Loop (PCL) insulin pump system, currently in development.
- High Adoption of Sleeve Gastrectomy Procedures
- Rising Prevalence of Obesity among the Population
- Increasing Number of Bariatric Surgeries
- Increasing Technological Advancements in Bariatric Devices
- High Growth in Demand from Emerging Economies
- Dearth of Skilled Healthcare Professionals in Developing Economies
Key Target AudienceHospitals, Healthcare corporations, Bariatric surgical centers, Bariatric device distributors, Medical service providers, Manufacturers of bariatric surgery devices and Bariatric surgeons
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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