Market Size of Brazil Bariatric Surgery Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 2.50 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Brazil Bariatric Surgery Market Analysis
The Brazil Bariatric Surgery Market is expected to register a CAGR of 2.5% during the forecast period. There are certain factors propelling the growth of the market, includes increasing obesity patients, growing government initiatives to curb obesity, and rising prevalence rate of type 2 diabetes and heart diseases.
According to the Ministério da Saúde Brazil, in Brazil, in 2018 there were about 19.8% adult population with obese up from 18.9% in 2017 and 17.9% in 2014. as the number of the adult population with the obese condition is increasing which drives the market in the coming years.
Furthermore, as per the Health Ministry Survey Brazil, a sedentary lifestyle in the country and a larger number of people take soft drinks and sugared beverages away from their tables is anticipated to lead to the growth of the Brazil bariatric surgery market.