India Bariatric Surgery Devices Market Size

India Bariatric Surgery Market Analysis

During the period of the forecast, the market for bariatric surgery devices in India is expected to grow at a CAGR of 6.5%.

COVID-19 impacted the growth of the bariatric surgery market in the country. Due to the lockdown measures taken by the government, the surgical centers and clinics were shut down to avoid contact as well as the spread of coronavirus among the population. Also, bariatric surgeries were a non-emergent procedure; as a result, these procedures were on hold and their success rate declined. However, with resumed surgical procedures, released restrictions, and increased patient visits, it is expected to increase the demand for bariatric surgery, which in turn is anticipated to fuel market growth over the forecast period.

The market is growing because of things like the growing number of obese people in India and the number of people with type 2 diabetes and heart disease.

Bariatric surgery devices are also in higher demand because people are spending more time at their desks and not getting enough exercise or eating right. This leads to chronic diseases like diabetes and obesity, as well as a rise in the number of cardiovascular diseases like CAD, strokes, and atrial fibrillation.This is also contributing to the market's growth over the forecast period.

Market growth is also helped by the fact that more and more people in the country are getting chronic diseases like diabetes and heart disease.Diabetes is much more likely to affect people with higher body fat percentages.Hence, patients are taking certain measures to prevent obesity through bariatric surgeries. For instance, according to 2022 statistics published by the IDF, about 74 million people living in India were suffering from diabetes in 2021, and this number is projected to reach 124 million by 2045. Thus, the expected increase in the diabetes population is at high risk of gaining weight and facing obesity, which is anticipated to fuel the demand for bariatric surgery for weight loss to further prevent the risk of developing other chronic diseases such as heart disease and organ dysfunction, thereby propelling market growth.

The main thing driving market growth is that the number of obese Dutch people is going up.People used to think that obesity and being overweight were mostly problems in high-income countries, but these problems are now spreading quickly to low- and middle-income countries as well, especially in cities.For example, the UNICEF World Obesity Atlas says that by 2030, more than 27 million children in India are expected to be overweight.Additionally, according to a study published in the Annals of Neuroscience in May 2021, it has been observed that India is seeing a rapid epidemiological change from an underweight to an overweight or obese population. Also, as per the same source, the prevalence of obesity was found to be highest in South India and lowest in East India. Thus, the expected increase in the number of obese people is expected to increase the demand for bariatric surgery, which in turn is anticipated to propel market growth.

Since obesity, heart disease, and diabetes are so common, the studied market is expected to grow over the next few years. But the high cost of surgery and the fact that not enough people know about bariatric procedures are likely to slow the growth of the bariatric surgery devices market in India over the next few years.