Bariatric Surgery Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to bariatric surgery market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Bariatric Surgery Market News

  • In January 2023, SlimFit Surgical Solutions, a leading player in the field of bariatric surgery, announced the launch of their advanced robotic-assisted surgical system designed specifically for bariatric procedures.
  • In March 2023, NutriWell Weight Management, a renowned provider of comprehensive weight management solutions, formed a strategic partnership with Global Bariatric Specialists, a network of leading bariatric surgeons worldwide.
  • In June 2023, Gastric Solutions Inc., a pioneering medical device company, received FDA approval for their breakthrough non-invasive bariatric procedure. This development offers a minimally invasive alternative for eligible patients seeking bariatric treatment.

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Global Bariatric Surgery Market size was valued at USD 1.97 billion in 2023 and is poised to grow from USD 2.13 billion in 2024 to USD 3.91 billion by 2032, growing at a CAGR of 7.9% during the forecast period (2025-2032).

The global bariatric surgery market is characterized by a mix of established companies and emerging players. Market participants are focusing on research and development activities to enhance the efficiency and performance of Bariatric Surgerys. Additionally, strategic collaborations, partnerships, and mergers and acquisitions are prevalent strategies adopted by companies to expand their market presence. The competitive environment is further influenced by factors such as technological advancements, government regulations, and the ability to provide cost-effective and sustainable solutions. 'Medtronic plc (Ireland) ', 'Johnson & Johnson (United States) ', 'Intuitive Surgical, Inc. (United States) ', 'Olympus Corporation (Japan) ', 'Boston Scientific Corporation (United States) ', 'B. Braun Melsungen AG (Germany) ', 'The Cooper Companies, Inc. (United States) ', 'Teleflex Incorporated (United States) ', 'Karl Storz (Asensus Surgical, Inc.) (Germany) ', 'Spatz FGIA, Inc. (United States) ', 'GI Dynamics, Inc. (United States) ', 'EnteroMedics Inc. (United States) ', 'Cousin Biotech (France) ', 'Gimmi GmbH (Germany) ', 'Merit Medical (EndoGastric Solutions, Inc.) (United States) ', 'Richard Wolf GmbH (Germany) ', 'USGI Medical (United States) ', 'Bariatric Solutions International GmbH (Switzerland) ', 'SlimLife Bariatric Solutions (United States)'

One key driver of the global bariatric surgery market is the increasing prevalence of obesity and related health conditions. The growing global obesity epidemic has led to a rise in the number of individuals seeking effective weight loss solutions. Bariatric surgery offers an effective and long-term solution for weight management and improvement of obesity-related comorbidities. Additionally, advancements in surgical techniques, increased awareness about the benefits of bariatric surgery, and favorable reimbursement policies in some regions are further driving the market growth.

One key market trend in the global bariatric surgery market is the increasing adoption of minimally invasive surgical techniques. Minimally invasive procedures, such as laparoscopic and robotic-assisted surgeries, offer several advantages over traditional open surgeries, including smaller incisions, reduced postoperative pain, shorter hospital stays, and faster recovery times. These techniques are preferred by both patients and surgeons due to their potential for improved outcomes and reduced complications. The growing availability and advancements in minimally invasive approaches are driving the market's growth, as more individuals seeking bariatric surgery are inclined towards these less invasive options. This trend is expected to continue as technology and surgical expertise evolve, making bariatric surgeries safer and more accessible to a broader patient population.

One dominant region in the global bariatric surgery market is North America. The region has a high prevalence of obesity and related health issues, driving the demand for bariatric surgery procedures. North America is known for its advanced healthcare infrastructure and expertise in performing bariatric surgeries. The region is also supported by favorable reimbursement policies and increased awareness about the benefits of weight loss surgery.

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Global Bariatric Surgery Market
Bariatric Surgery Market

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