Market Size of Spain Bariatric Surgery Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 2.60 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Spain Bariatric Surgery Market Analysis
The Spain Bariatric Surgery Market is expected to register a CAGR of 2.6% during the forecast period. There are certain factors propelling the growth of the market, includes growing government initiatives to curb obesity, increasing obesity patients, and rising prevalence rate of type 2 diabetes and heart diseases.
According to the Organisation for Economic Co-operation and Development (OECD), in 2017, the prevalence of obesity among adults in Spain was 16.2% in women and 17.5% in men. Furthermore, two out of three men were overweight and 1 in 6 people was obese in Spain. One in 3 children aged 13 to 14 were overweight. The proportion of adults who were overweight is projected to rise a further 10% during the next 10 years.
Thus, the high prevalence of obesity in Spain is expected to be influential in propelling the growth of the Spain bariatric surgery market. This, along with government initiatives to curb obesity, is anticipated to lead to the growth of the Spain bariatric surgery market.