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

The market is segmented by Device (Assisting Devices, Implantable Devices and Other Devices)

Market Snapshot

CAGR
Study Period: 2018 - 2026
Base Year: 2020
CAGR: 6.5 %

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Market Overview

Bariatric surgery or weight loss surgery is used as one of the major treatment procedures for treating obesity. It is generally the last option for patients who have failed in the attempt to lose weight with several other means. There is also rising prevalence of obesity that is increasing in India and this is expected to directly propel the bariatric surgery devices market. In addition, the increasing of obesity, diabetes and heart diseases have increased the demand for bariatric surgery, but still there is lack of awareness among the Indian population that is restraining the growth of the market.

Scope of the report

As per the scope of the report, bariatric surgery or weight loss surgery is used as one of the major treatment procedures for treating obesity. It is generally the last option for patients who have failed to lose weight by several other means. During this procedure, the size of the stomach is reduced by either removing some parts of the stomach or by using a gastric band.

By Device
Assisting Devices
Suturing Device
Closure Device
Stapling Device
Other Assisting Devices
Implantable Devices
Other Devices

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Key Market Trends

Closure Devices are expected to cover a large share of the market.

Closure devices are found to be used for reconnecting the tissues during surgical procedures and for closing incisions made by trocars. The laparoscopic port closure device successfully and safely closes the port sites in obese patients during bariatric procedures and surgeries. These operations are performed with specialized instruments, designed to be inserted through small incisions.

Laparoscopy is a common procedure for fat removal surgery. In India the overweight and obese population has increased over the past decade and this is expected to impact the closure devices market positively. This is expected to help the market growth.

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Competitive Landscape

The bariatric surgery market is moderately competitive and consists of several major players. As India is a developing country, there is an increasing demand for bariatric surgery equipment and devices will make the market more lucrative. This will encourage global players to make their presence in India. 

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 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 Rising Prevalence of Obesity in India

      2. 4.2.2 Increasing Prevalence Rate of Type 2 Diabetes and Heart Diseases

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Surgery

      2. 4.3.2 Lack of Knowledge and Awareness

    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 Other Assisting Devices

      2. 5.1.2 Implantable Devices

      3. 5.1.3 Other Devices

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Medtronic PLC

      2. 6.1.2 Johnson and Johnson

      3. 6.1.3 Apollo Endosurgery Inc

      4. 6.1.4 Intuitive Surgical Inc

      5. 6.1.5 B. Braun Melsungen AG

      6. 6.1.6 Conmed Corporation

      7. 6.1.7 TransEnterix Inc

      8. 6.1.8 Allergan Inc

    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 India Bariatric Surgery Market market is studied from 2018 - 2026.

The India Bariatric Surgery Market is growing at a CAGR of 6.5% over the next 5 years.

Medtronic PLC, Johnson and Johnson, Apollo Endosurgery Inc, Conmed Corporation, B. Braun Melsungen AG are the major companies operating in India Bariatric Surgery Market.

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