Bariatric Surgery Devices Global Market Report 2024

The bariatric surgery devices market size has grown strongly in recent years. It will grow from $1.91 billion in 2023 to $2.09 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. Historical growth can be attributed to the development of healthcare infrastructure, increased awareness and education, the rise of medical tourism, expanded insurance coverage, government initiatives, and positive patient outcomes and success stories.

The bariatric surgery devices market size is expected to see strong growth in the next few years. It will grow to $2.98 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. Anticipated growth in the forecast period is driven by factors such as an aging population, supportive regulations, empowered patients, emphasis on preventive healthcare, the popularity of minimally invasive procedures, and the global expansion of bariatric surgery. Key trends expected in this period involve technological advancements, personalized medicine in bariatrics, the integration of artificial intelligence, increased collaborations and partnerships, and the rise of digital health solutions.

The expanding population grappling with obesity is a significant driver of growth in the bariatric surgery devices market. Obesity, characterized by abnormal or excessive fat accumulation, poses a considerable threat to individual health. In recent times, obesity has emerged as a global public health challenge, playing a substantial role in increased global mortality and morbidity rates. The rising trend of opting for surgical procedures among the obese population worldwide to address fat deposits is anticipated to drive the demand for bariatric surgery devices. As per data from the World Health Organization (WHO), the current global obesity statistics as of 2022 reveal that over 1 billion individuals are obese, including 650 million adults, 340 million adolescents, and 39 million children. Consequently, the growing obese population is expected to be a significant contributing factor to the expansion of the bariatric surgery devices market.

The increasing trend in medical tourism is anticipated to drive the growth of the bariatric surgery devices market in the future. Medical tourism involves individuals traveling to another country to receive medical treatment or healthcare services. Bariatric surgery devices play a crucial role in medical tourism by facilitating weight loss procedures. As reported by Omnia Health, a Dubai-based digital platform provider, in March 2023, the global medical tourism market is projected to reach $54,201.8 million (54.2 billion USD) by 2027, with a compound annual growth rate (CAGR) of 11.23% between 2022 and 2027. Consequently, the upsurge in medical tourism is a key factor propelling the bariatric surgery devices market.

Technological advancement stands out as a prominent trend gaining traction in the bariatric surgery devices market. Leading players in this market are dedicating their efforts to the development of cutting-edge products, leveraging technology to address surgical requirements and fortify their market positions. These advancements encompass devices with enhanced features aimed at improving outcomes in bariatric surgery while minimizing risks during procedures. A case in point is Olympus Corporation, a Japan-based medical technology company, which, in September 2021, introduced POWERSEAL advanced bipolar surgical energy devices. POWERSEAL offers surgeons state-of-the-art capabilities for sealing, dissection, and grasping in both laparoscopic and open surgeries, significantly reducing the force required by surgeons to close the jaws. This innovation is applicable across various surgical procedures, including bariatric surgery, general surgery, and gynecological, colorectal, urological, and other surgeries.

Prominent companies in the bariatric surgery devices market are strategically focused on the development of innovative products, exemplified by the introduction of GST Reloads, to augment staple line security and gain a competitive advantage. GST Reloads, denoting Gripping Surface Technology, is utilized to enhance uniform tissue compression, resulting in improved staple formation. A case in point is Ethicon, a US-based manufacturer of surgical suture devices, which in March 2021, launched the ECHELON+ Stapler with GST Reloads. This product is specifically designed to elevate staple line security and reduce complications in surgery, with a particular focus on bariatric procedures. Notably, the ECHELON+ Stapler with GST Reloads demonstrated superior performance in benchtop testing when compared to competitors. Ethicon's strategic approach aims to address surgeon concerns, enhance patient outcomes, and align with regulatory guidelines, underscoring its commitment to evidence-based innovation.

In October 2022, Teleflex, a leading US-based provider of medical technologies, successfully acquired Bariatric Surgery for an undisclosed amount. This strategic acquisition is part of Teleflex's effort to strengthen its portfolio, placing a particular emphasis on enhancing clinical efficacy and improving patient outcomes. Standard Bariatrics, the acquired company, is a US-based provider known for offering advanced surgical approaches that lead to improved outcomes in bariatric surgery.

Major companies operating in the bariatric surgery devices market report are Medtronic PLC, Covidien LLC, B. Braun Melsungen AG, Olympus Corporation, Intuitive Surgical Inc., Ethicon LLC, Allergan PLC, Endo Technologies LLC, Bariatric Advantage, US Endoscopy, Apollo Endosurgery Inc., Microline Surgical Inc., EndoGastric Solutions Inc., Reshape Medical Inc., ReShape Lifesciences Inc., Cousin Biotech, BaroSense Inc., Bariatric Fusion LLC, Aspire Bariatrics Inc., TransEnterix Inc., Life Partners Europe, MetaCure Ltd., Bariatric Solutions International Inc., USGI Medical Inc., GI Windows Inc., Metamodix Inc., IntraPace Inc., Spatz Medical, BAROnova Inc., Leptos Biomedical, Satiety Inc., Swissmed Instruments AG, Obalon Therapeutics Inc., Obtech Medical AG, Surgiquest Inc., Transenterix Surgical Inc.

North America was the largest region in the bariatric surgery devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the bariatric surgery devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the bariatric surgery devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary categories of bariatric surgery devices encompass minimally invasive surgical devices, stapling devices, energy/vessel sealing devices, suturing devices, accessories, and non-invasive surgical devices. Minimally invasive surgical devices are specifically tailored instruments intended for procedures conducted through small incisions in the body, offering benefits such as reduced blood loss, minimal tissue damage, and accelerated recovery periods for patients. These devices find application in various procedures including sleeve gastrectomy, gastric bypass, revision bariatric surgery, adjustable gastric banding, mini-gastric bypass, biliopancreatic diversion with duodenal switch, and other interventions. These surgical tools and devices are extensively utilized across clinics, hospitals, specialty centers, and ambulatory surgical centers to facilitate a range of bariatric surgical procedures.

The bariatric surgery devices market research report is one of a series of new reports that provides bariatric surgery devices market statistics, including bariatric surgery devices industry global market size, regional shares, competitors with a bariatric surgery devices market share, detailed bariatric surgery devices market segments, market trends and opportunities, and any further data you may need to thrive in the bariatric surgery devices industry. This bariatric surgery devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The bariatric surgery devices market consists of sales of calipers and gauges, curettes, dissectors and probes, elevators and spreaders, forceps and graspers, gouges, osteotomes, and rongeurs, hooks and instrument handles. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.