China Bariatric Surgery Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The China Bariatric Surgery Market is segmented by the device (Assisting Devices, Implantable Devices, and Other Devices).

Market Snapshot

Market Snapshot1
Study Period:

2018 - 2026

Base Year:

2020

CAGR:

14.2 %

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Market Overview

The China Bariatric Surgery Market is expected to register a CAGR of 14.2% during the forecast period. The key factors propelling the growth of the China bariatric surgery market is the increase in obese patients and the prevalence rate of type-2 diabetes and heart diseases.

Obesity is considered a metabolic dysfunction and is often associated with a wide range of chronic illnesses that cause significant increases in mortality. Obesity is found to be associated with substantial increases in premature mortality, impaired quality of life, and a substantial amount of healthcare costs.

According to a study report by Youfa Wang et al., published in The Lancet Global health 2019, stated that China has the largest number of affected people with obesity, with about 46% of adults and 15% of children being obese or overweight. Moreover, it indicates that the overweight population are high in China. In addition, there is also the emergence of new technologies in bariatric surgery and growing demand for minimally invasive surgical procedures that are acting as the key drivers for the market growth during the forecast period. Thus, bariatric surgery market in China is expected to show significant growth over the forecast period.

Scope of the report

As per the scope of the report, bariatric surgery is a medical procedure that aids the weight loss by either limiting the capacity of the stomach or the absorption of the calories. This is the most effective weight loss therapy available for patients with morbid obesity, and it involves either open or laparoscopic techniques. The China Bariatric Surgery Market is segmented by the device (assisting devices, implantable devices and other devices).

By Device
Assisting Devices
Suturing Device
Closure Device
Stapling Device
Trocars
Other Assisting Devices
Implantable Devices
Gastric Bands
Electrical Stimulation Devices
Gastric Balloons
Gastric Emptying
Other Devices

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Key Market Trends

Stapling Devices Segment is Expected to Hold a Major Market Share in the China Bariatric Surgery Market

The stapling devices segment is expected to show a comparatively higher growth rate over the forecast period, as compared to other devices used in the bariatric surgeries. It is the most commonly used device, as it tends to result in greater and more consistent weight loss among patients, along with a greater reduction in obesity-related health problems. In China, around 10.8% of the male population and about 15% of the female population were overweight, as per UK Medical Journal the Lancet 2019. This represents over 43 million men and more than 46 million women having obesity-related health issues in China. Thus, owing to the increasing prevalence of obesity the segment is expected to show significant growth in the coming years.

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Competitive Landscape

The China Bariatric Surgery Market is consolidated competitive. The manufacturers are innovating new technologies, which are non-invasive, for reducing patients’ time in the hospitals, decreasing the chances of infection, and saving the cost. Additionally, smaller players are implementing strategies, such as acquisitions, to expand their product portfolio and gain roots in the industry.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increase in Obesity Patients

      2. 4.2.2 Rising Prevalence of Type 2 Diabetes and Heart Diseases

      3. 4.2.3 Government Programmes and Policies Related to Obesity

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Surgery

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Device

      1. 5.1.1 Assisting Devices

        1. 5.1.1.1 Suturing Device

        2. 5.1.1.2 Closure Device

        3. 5.1.1.3 Stapling Device

        4. 5.1.1.4 Trocars

        5. 5.1.1.5 Other Assisting Devices

      2. 5.1.2 Implantable Devices

        1. 5.1.2.1 Gastric Bands

        2. 5.1.2.2 Electrical Stimulation Devices

        3. 5.1.2.3 Gastric Balloons

        4. 5.1.2.4 Gastric Emptying

      3. 5.1.3 Other Devices

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Cousin Biotech

      2. 6.1.2 Reach surgical

      3. 6.1.3 Olympus Corporation

      4. 6.1.4 ReShape Lifesciences, Inc

      5. 6.1.5 Changzhou Haiers Medical Devices Co., Ltd.

      6. 6.1.6 TransEnterix Inc

      7. 6.1.7 Precision (Changzhou)Medical Instruments Co.,Ltd

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments

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Frequently Asked Questions

The China Bariatric Surgery Market market is studied from 2018 - 2026.

The China Bariatric Surgery Market is growing at a CAGR of 14.2% over the next 5 years.

  • Cousin Biotech
  • Reach surgical
  • Olympus Corporation
  • ReShape Lifesciences, Inc

Are the major companies operating in China Bariatric Surgery Market.

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