Bariatric Surgery Devices Market Size & Share 2023 to 2032
Market Size by Product (Minimally Invasive Surgical Devices, Non-invasive Surgical Devices), by Procedure (Sleeve Gastrectomy, Gastric Bypass, Revision Bariatric Surgery, Non-invasive Bariatric Surgery, Mini-gastric Bypass) & Forecast.
Report ID: GMI2735
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Published Date: December 2022
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Report Format: PDF
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Authors:
Monali Tayade, Jignesh Rawal
Bariatric Surgery Devices Market Size
Bariatric Surgery Devices Market size was recorded at over USD 1 billion in revenue in 2022. Driven by supportive initiatives by medical device manufacturers on the development of minimally invasive bariatric surgery devices, the industry is estimated to grow at more than 6.5% CAGR from 2023 to 2032.
The growing number of people suffering from obesity is expected to foster market expansion. Several countries also face a grave burden of obesity-related disorders, such as diabetes, hypertension, and cardiovascular diseases, mostly in children. The rapid economic development and urbanization in the APAC region, as well as the rising inclination towards convenient, over-processed junk food, is also contributing to the soaring disease burden.
Additionally, consistent technological advancements in developed economies are providing lucrative opportunities for industry penetration. Novel surgical devices with minimal harmful effects, such as reduced blood loss and short surgery time, coupled with high efficacy and better patient outcome, are set to boost market outlook.
High investment & maintenance costs may restrain industry progression
The high cost associated with surgical devices is a major restraining factor for bariatric surgery devices market growth. The introduction of cutting-edge surgical devices, as well as technological innovation, is accelerating the cost of equipment, thereby boosting overall healthcare expenses. The expensive equipment maintenance is also hindering business expansion. According to research by the Journal of Medical Economics, hospitals spend between USD 4,500 and USD 5,500 on surgical stapler supplies. Nonetheless, mounting government funding for R&D programs for bariatric surgery devices is slated to overcome this constraint.
Bariatric Surgery Devices Market Analysis
Bariatric surgery devices market from minimally invasive surgical devices product segment was recorded at over USD 1 billion in 2022. The use of minimally invasive devices for bariatric surgery has helped surgeons lower morbidity by reducing the necessity for large surgical incisions. The need for minimally invasive surgical tools to reduce post-operative trauma and consequences has elevated drastically. Moreover, technological improvements in stapling, suturing, and vascular sealing tools have proliferated product adoption.
With respect to procedure, the bariatric surgery devices market is divided into adjustable gastric banding, revision bariatric surgery, gastric bypass, sleeve gastrectomy, mini-gastric bypass, non-invasive bariatric surgery, and others. The non-invasive bariatric surgery segment is primed to reach a valuation of around USD 19 million by the end of 2032. As the procedure is non-invasive, it enables very less procedural and recovery time. The consistent rise in adoption of these non-invasive bariatric surgeries due to the low cost associated with the surgery as compared to other approved procedures is speculated to fuel segment demand.
Bariatric surgery devices market in the Asia Pacific is slated to progress at more than 7.5% CAGR between 2023 and 2032. Growing rates of obesity, particularly among younger people, and the surging burden of chronic diseases are key factors driving the demand for cutting-edge bariatric surgical equipment in the APAC region. In addition, supportive government initiatives to control the obesity issues in the region are likely to further impel product adoption.
Bariatric Surgery Devices Market Share
are few companies operating in bariatric surgery devices market. They primarily engage in rigorous R&D programs and strategic alliances to remain ahead in the competitive landscape.
Impact of COVID-19 Pandemic
The COVID-19 pandemic had a negative impact on the bariatric surgery devices industry as the outbreak affected numerous healthcare projects globally. Strict lockdowns and delays in elective surgical procedures caused by the rising number of coronavirus patients significantly affected product demand. However, in the post-pandemic scenario, more individuals are turning to bariatric surgery as a result of the massive backlog of surgeries due to the pandemic and the mounting awareness of health issues. Thus, bariatric procedures are anticipated to witness an upsurge in line with the resumption of the functioning of healthcare systems, which is estimated to bolster business growth in the future.
The bariatric surgery devices market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments:
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By Product
By Procedure
The above information is provided for the following regions and countries:
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
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Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
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Verified data sources
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GMI archive
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Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →