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

The United States 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: 3.2 %

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Market Overview

The United States Bariatric Surgery Market is expected to register a CAGR of 3.2% during the forecast period. There are certain factors propelling the growth of the market, includes increasing obesity patients, growing government initiatives to curb obesity, and rising prevalence rate of type 2 diabetes and heart diseases.

As per National Health and Nutrition Examination Survey, in 2017–2018, the age-adjusted prevalence of obesity in adults was 42.4%, and there were no significant differences between men and women among all adults or by age group. The prevalence of severe obesity was highest among adults who are aged between 40–59 compared with other age groups. Furthermore, from 1999–2000 through 2017–2018, the prevalence of both obesity and severe obesity increased among adults.

Furthermore, the presence of established healthcare infrastructure along with the rising prevalence of obesity among adults is expected to show significant growth over the forecast period.

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. The United States Bariatric Surgery Market is segmented by device type.

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

Closure Device Segment is Expected to Register 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. The closure devices segment is 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.

According to the Behavioral Risk Factor Surveillance System (BRFSS) 2019 data, in 2019 adult obesity rates exceeded 35% in nine states in the United States, 30% in 31 states, and 25% in 48 states. Mississippi and West Virginia were the highest adult obesity rate at 39.5% and Colorado with the lowest rate at 23%. Between 2017-2018, the adult obesity rate increased in New Mexico, New York, Kansas, Minnesota, Florida, Missouri, and Utah, decreased in Alaska, and remained stable in the rest of states and D.C.

Therefore, the high burden of obesity in the country is expected to increase bariatric surgeries in the coming years, which will contribute to the faster growth of this segment.

United States Bariatric key trend 1.png

Competitive Landscape

The United States bariatric surgery market is moderately consolidated competitive with the presence of major players, such as Apollo Endosurgery Inc., Johnson and Johnson (Ethicon), Aspire Bariatrics Inc and Medtronic Plc. The market is also inclusive of the smaller players that hold a substantial market share. With the growing medical device market, it is expected that a few more new players will be penetrating the market in the coming future.

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 Rate of Type 2 Diabetes and Heart Diseases

      3. 4.2.3 Growing Government Initiatives to Curb 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

        5. 5.1.2.5 Other Devices

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Medtronic PLC

      2. 6.1.2 Johnson and Johnson (Ethicon Inc)

      3. 6.1.3 Apollo Endosurgery Inc.

      4. 6.1.4 Aspire Bariatrics Inc.

      5. 6.1.5 Intuitive Surgical Inc.

      6. 6.1.6 B. Braun Melsungen AG

      7. 6.1.7 Olympus Corporation

      8. 6.1.8 The Cooper Companies

      9. 6.1.9 Conmed Corporation

    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 United States Bariatric Surgery Market market is studied from 2018 - 2026.

The United States Bariatric Surgery Market is growing at a CAGR of 3.2% over the next 5 years.

Medtronic PLC, Johnson and Johnson (Ethicon Inc), Apollo Endosurgery, Inc, Aspire Bariatrics Inc., Intuitive Surgical Inc are the major companies operating in United States Bariatric Surgery Market.

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