What are Main Factors Responsible for Growth of Global Obesity/Bariatric Surgery Devices Market?

The rising prevalence of obesity and increasing awareness about bariatric surgery amongst the obese people are the biggest factors responsible for the surge in the demand for obesity/bariatric surgery devices across the world. According to the statistics published by the American Society for Metabolic and Bariatric Surgery (ASMBS), the total number of bariatric surgeries conducted in the U.S. increased from 158,000 to 196,000 from 2011 to 2015. Due to the growing adoption of these surgeries, the demand for obesity surgery devices will undoubtedly increase in the coming years.

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Fuelled by the above-mentioned factors, the global obesity/bariatric surgery devices market is expected to exhibit huge growth over the next few years. Obesity surgeries involve the use of numerous types of devices, namely gastric bands, gastric electric simulators, gastric balloons, stapling devices, and other devices like trocars, gastric surgical clamp, clip appliers, and sutures. Amongst these devices, gastric balloons are predicted to record rapid growth in usage in the coming years. This is mainly attributed to the fact that these devices are highly effective for weight loss and they do not require incision.

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Thus, the demand for obesity/bariatric surgery devices will shoot up massively across the world over the next few years, owing to the rising prevalence of obesity and soaring geriatric population.