South Korea Bariatric Surgery Market Analysis by Mordor Intelligence
The South Korea Bariatric Surgery Market is expected to register a CAGR of 1% during the forecast period.
South Korea Bariatric Surgery Market Trends and Insights
Closure Device is Expected to Record a High CAGR in the Assisting Device Segment
Closure devices are used for reconnecting tissues during surgical procedures and for closing incisions made by trocars. The laparoscopic port closure device successfully and safely closes port sites in obese patients undergoing bariatric procedures and surgeries.
These devices are also expected to register high growth, as they are widely used in minimally invasive surgeries that require immediate closure of very small incisions made at the time of surgical procedures. However, these devices are found to be complicated, expensive, and may cause tissue trauma.
The South Korean bariatric surgery market is moderately competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. With the rising patient awareness levels and increasing obese population, few other smaller players are also expected to enter the market in the coming years. Some of the major players of the market are Ethicon Inc. (Johnson and Johnson), Apollo Endosurgery Inc., Aspire Bariatrics Inc., Intuitive Surgical Inc., B. Braun Melsungen AG, Olympus Corporation, The Cooper Companies, Conmed Corporation
South Korea Bariatric Surgery Industry Leaders
Ethicon Inc. (Johnson and Johnson)
Apollo Endosurgery Inc
Aspire Bariatrics Inc
Intuitive Surgical Inc
B. Braun Melsungen AG
*Disclaimer: Major Players sorted in no particular order
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Table of Contents for South Korea Bariatric Surgery Industry Report
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increase in Obesity Patients and Government Initiatives to Curb Obesity
4.2.2 Prevalence Rate of Type 2 Diabetes and Heart Diseases
4.3 Market Restraints
4.3.1 Lack of Awareness and High Cost of Surgery
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Device
5.1.1 Assisting Devices
5.1.1.1 Suturing Device
5.1.1.2 Closure Device
5.1.1.3 Stapling Device
5.1.1.4 Trocars
5.1.1.5 Other Assisting Devices
5.1.2 Implantable Devices
5.1.2.1 Gastric Bands
5.1.2.2 Electrical Stimulation Devices
5.1.2.3 Gastric Balloons
5.1.2.4 Gastric Emptying
5.1.3 Other Devices
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Ethicon Inc. (Johnson and Johnson)
6.1.2 Apollo Endosurgery Inc.
6.1.3 Aspire Bariatrics Inc.
6.1.4 Intuitive Surgical Inc.
6.1.5 B. Braun Melsungen AG
6.1.6 Olympus Corporation
6.1.7 The Cooper Companies
6.1.8 Conmed Corporation
*List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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South Korea Bariatric Surgery Market Report Scope
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
Trocars
Other Assisting Devices
Implantable Devices
Gastric Bands
Electrical Stimulation Devices
Gastric Balloons
Gastric Emptying
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 Questions Answered in the Report
What is the current South Korea Bariatric Surgery Market size?
The South Korea Bariatric Surgery Market is projected to register a CAGR of 1% during the forecast period (2025-2030)
Who are the key players in South Korea Bariatric Surgery Market?
Ethicon Inc. (Johnson and Johnson), Apollo Endosurgery Inc, Aspire Bariatrics Inc, Intuitive Surgical Inc and B. Braun Melsungen AG are the major companies operating in the South Korea Bariatric Surgery Market.
What years does this South Korea Bariatric Surgery Market cover?
The report covers the South Korea Bariatric Surgery Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South Korea Bariatric Surgery Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Statistics for the 2025 South Korea Bariatric Surgery market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South Korea Bariatric Surgery analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
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