Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Bariatric Surgery Devices Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2021 along with the key takeaways over the forecast period.
The market for equipment used in bariatric surgery is expanding gradually, with a CAGR of 6.2% predicted for the years 2022-2032.
“COVID-19’s influence in the form of lockdown and the adoption of work from home will boost sedentary lifestyle, resulting in a more obese population and expanding potential for the bariatric surgery devices industry,” says the report.
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Impact of COVID-19 on the Healthcare Industry
The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.
The team of analysts at Future Business Insights are focussing on research and market study to produce different Bariatric Surgery Devices Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Bariatric Surgery Devices Market.
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Key Players
Johnson & Johnson, Covidien Plc, Cousin Biotech, and Pare Surgical, Inc., among others are the some of the key companies in the global bariatric surgery devices market. Pharmaceutical and medical devices leaders such as Medtronic has launched flagship devices for sleeve gastrectomy, indicating the positive expansion of the global market. The government funding is also playing a major role in providing manufacturers with the capital required to produce enhanced devices for bariatric surgeries.
Segmentation
The global market for bariatric surgery devices can be segmented on the basis the type of
- bariatric surgery
- device used
Based on the different kinds of bariatric surgery procedures, the market is classified into,
- Gastric Bypass Surgery
- Sleeve Gastrectomy Surgery
- Gastric Banding Surgery
- Others
By device-type, the global market is further segmented into,
- Stapling Devices
- Gastric Bands
- Gastric Balloons
Queries Solved
What is the size of the overall Bariatric Surgery Devices Market in the Healthcare Industry and its segments?
What are the key segments and sub-segments in the market?
What are the key drivers, restraints, opportunities, and challenges of the Bariatric Surgery Devices Market in the Healthcare Industry, and how they are expected to impact the market?
What are the attractive investment opportunities within the Bariatric Surgery Devices Market in the Healthcare Industry?
What is the Bariatric Surgery Devices Market in the Healthcare Industry size at the regional and country-level?
What are the key market players focusing on?
What are the strategies for growth adopted by the key players in Bariatric Surgery Devices Market in the Healthcare Industry?
What are the recent trends in Bariatric Surgery Devices Market in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?
What are the challenges to the Bariatric Surgery Devices Market in the growth of the Healthcare Industry?
What are the key market trends impacting the growth of the Bariatric Surgery Devices Market in the Healthcare Industry?
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