The Latin America, Middle East and Africa Bariatric Surgery Devices Market would witness market growth of 8.3% CAGR during the forecast period (2022-2028).
The effects of bariatric surgery vary depending on how much food the stomach can contain, how well the body can absorb nutrients, or certainly a combination of the two. The most popular bariatric procedures include the duodenal switch, adjustable gastric band, sleeve gastrectomy, and gastric bypass. One of the most popular types of bariatric surgery is gastric bypass. The technique is divided into two steps, to put it simply. The top of the stomach is first separated from the remainder of the stomach by a tiny pouch.
The lower end of the small intestine is linked to the newly formed small pouch in the stomach when the first section of the small intestine is separated. The bottom of the small intestine is then connected to the top portion of the separated small intestine, which alters the food stream and results in alterations to gut hormones. This technique inhibits calorie and nutrient absorption as well as the quantity of food the stomach can hold.
Children who have been overweight since infancy are more at risk than the average adult. Chronic conditions, like hypertension, high cholesterol, and diabetes are becoming more prevalent among young people. One of the key factors influencing the growth and demand of the market for bariatric surgery devices is the upsurge in demand for minimally invasive procedures (MIS).
The rate of obesity is also majorly rising in the region. The regional countries are increasingly witnessing a steep rise in the growth of the number of patients suffering from obesity. According to the Western Cape Government, in South Africa, 68% of women and 31% of men are obese. Being overweight or obese can cause early death and heart disease, in addition to damaging the self-esteem of a patient. This factor is playing a major role in accelerating the growth of the bariatric surgery devices market in the region.
The Brazil market dominated the LAMEA Bariatric Surgery Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $43.6 million by 2028. The Argentina market is experiencing a CAGR of 8.8% during (2022-2028). Additionally, The UAE market would exhibit a CAGR of 8% during (2022-2028).
Based on Devices Type, the market is segmented into Minimally Invasive Surgical Devices and Noninvasive Surgical Devices. Based on Minimally Invasive Surgical Devices Type, the market is segmented into Accessories, Suturing Devices, Stapling Devices and Energy/Vessel-sealing Devices. Based on Procedure, the market is segmented into Sleeve Gastrectomy, Noninvasive Bariatric Surgery, Adjustable Gastric Banding, Gastric Bypass, Revision Bariatric Surgery, Mini-gastric Bypass and Biliopancreatic Diversion with Duodenal Switch (BPD/DS).Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson, ReShape Lifesciences, Inc., Apollo Endosurgery, Inc., Medtronic PLC, Olympus Corporation, Intuitive Surgical, Inc., B. Braun Melsungen AG, Spatz FGIA, Inc., Cook Medical, Inc. (Cook Group), and Richard Wolf GmbH.
The effects of bariatric surgery vary depending on how much food the stomach can contain, how well the body can absorb nutrients, or certainly a combination of the two. The most popular bariatric procedures include the duodenal switch, adjustable gastric band, sleeve gastrectomy, and gastric bypass. One of the most popular types of bariatric surgery is gastric bypass. The technique is divided into two steps, to put it simply. The top of the stomach is first separated from the remainder of the stomach by a tiny pouch.
The lower end of the small intestine is linked to the newly formed small pouch in the stomach when the first section of the small intestine is separated. The bottom of the small intestine is then connected to the top portion of the separated small intestine, which alters the food stream and results in alterations to gut hormones. This technique inhibits calorie and nutrient absorption as well as the quantity of food the stomach can hold.
Children who have been overweight since infancy are more at risk than the average adult. Chronic conditions, like hypertension, high cholesterol, and diabetes are becoming more prevalent among young people. One of the key factors influencing the growth and demand of the market for bariatric surgery devices is the upsurge in demand for minimally invasive procedures (MIS).
The rate of obesity is also majorly rising in the region. The regional countries are increasingly witnessing a steep rise in the growth of the number of patients suffering from obesity. According to the Western Cape Government, in South Africa, 68% of women and 31% of men are obese. Being overweight or obese can cause early death and heart disease, in addition to damaging the self-esteem of a patient. This factor is playing a major role in accelerating the growth of the bariatric surgery devices market in the region.
The Brazil market dominated the LAMEA Bariatric Surgery Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $43.6 million by 2028. The Argentina market is experiencing a CAGR of 8.8% during (2022-2028). Additionally, The UAE market would exhibit a CAGR of 8% during (2022-2028).
Based on Devices Type, the market is segmented into Minimally Invasive Surgical Devices and Noninvasive Surgical Devices. Based on Minimally Invasive Surgical Devices Type, the market is segmented into Accessories, Suturing Devices, Stapling Devices and Energy/Vessel-sealing Devices. Based on Procedure, the market is segmented into Sleeve Gastrectomy, Noninvasive Bariatric Surgery, Adjustable Gastric Banding, Gastric Bypass, Revision Bariatric Surgery, Mini-gastric Bypass and Biliopancreatic Diversion with Duodenal Switch (BPD/DS).Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson, ReShape Lifesciences, Inc., Apollo Endosurgery, Inc., Medtronic PLC, Olympus Corporation, Intuitive Surgical, Inc., B. Braun Melsungen AG, Spatz FGIA, Inc., Cook Medical, Inc. (Cook Group), and Richard Wolf GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Devices Type
- Minimally Invasive Surgical Devices
- Accessories
- Suturing Devices
- Stapling Devices
- Energy/Vessel-sealing Devices
- Noninvasive Surgical Devices
By Procedure
- Sleeve Gastrectomy
- Noninvasive Bariatric Surgery
- Adjustable Gastric Banding
- Gastric Bypass
- Revision Bariatric Surgery
- Mini-gastric Bypass
- Biliopancreatic Diversion with Duodenal Switch (BPD/DS)
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Johnson & Johnson
- ReShape Lifesciences, Inc.
- Apollo Endosurgery, Inc.
- Medtronic PLC
- Olympus Corporation
- Intuitive Surgical, Inc.
- B. Braun Melsungen AG
- Spatz FGIA, Inc.
- Cook Medical, Inc. (Cook Group)
- Richard Wolf GmbH
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 4. LAMEA Bariatric Surgery Devices Market by Devices Type
Chapter 5. LAMEA Bariatric Surgery Devices Market by Procedure
Chapter 6. LAMEA Bariatric Surgery Devices Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Johnson & Johnson
- ReShape Lifesciences, Inc.
- Apollo Endosurgery, Inc.
- Medtronic PLC
- Olympus Corporation
- Intuitive Surgical, Inc.
- B. Braun Melsungen AG
- Spatz FGIA, Inc.
- Cook Medical, Inc. (Cook Group)
- Richard Wolf GmbH
Methodology
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