United States Bariatric Surgery Devices Market Assessment, By Device Type [Minimally Invasive Surgical Devices, Non-Invasive Surgical Devices], By Procedure [Sleeve Gastrectomy, Roux-en Y Gastric Bypass, Biliopancreatic Diversion with Duodenal Switch, Single Anastomosis Duodeno-Ileal Bypass with Sleeve Gastrectomy, Adjustable Gastric Banding, Robotic Surgery, Gastric Bypass, Revision Bariatric Surgery, Noninvasive Bariatric Surgery, Mini-Gastric Bypass], By End-user [Bariatric Surgery Clinics, Hospitals, Specialty Centers, Ambulatory Surgical Centers], By Region, Opportunities and Forecast, 2016-2030F

United States bariatric surgery devices market size was valued at USD 0.73 billion in 2022, expected to reach USD 1.17 billion in 2030 with a CAGR of 6.1% for the forecast period between 2023 and 2030F.

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United States bariatric surgery devices market size was valued at USD 0.73 billion in 2022, expected to reach USD 1.17 billion in 2030 with a CAGR of 6.1% for the forecast period between 2023 and 2030F. The United States bariatric surgery market is currently undergoing a transformative phase, driven by multiple factors that highlight the evolving landscape of obesity management and surgical interventions. A surge in the prevalence of obesity and associated health issues, such as diabetes and cardiovascular diseases, has been a primary catalyst propelling the demand for bariatric surgeries. The market is further driven by advanced technologies and surgical techniques that have enhanced the precision and safety of these procedures, making them more accessible and attractive to patients and healthcare professionals. However, challenges exist, such as high costs of procedures and a lack of trained professionals. Furthermore, the emergence of weight loss drugs presents an intriguing development, albeit one that could potentially disrupt the surgical market, as patients seek less invasive alternatives. Many weight loss drugs have been approved in the United States by the FDA such as Wegovy, Saxenda, Adipex, Qsymia, Contrave and many others.

Growing Prevalence of Obesity and Related Disorders

The bariatric surgery devices market is experiencing substantial growth, largely driven by the increasing prevalence of obesity and its associated health complications. The growing prevalence of obesity has become a global concern, with a significant impact on public health, leading to various chronic conditions such as diabetes, heart disease, and hypertension. Bariatric surgery has emerged as an effective solution for addressing severe obesity and its comorbidities, spurring a surge in demand for these life-saving procedures. As individuals increasingly recognize the health risks linked to obesity and the benefits of surgical interventions, the bariatric surgery devices market is well-positioned for expansion. According to the American Society for Metabolic and Bariatric Surgery, more than 260,000 bariatric procedures occurred in 2021. 58.16% of the procedures were sleeve gastrectomy, 21.5% accounted for RYGB (Roux-en-Y Gastric Bypass), and 11.80% accounted for revisional bariatric surgery.

Insurance Coverage Plays a Pivotal Role

Insurance coverage for bariatric surgery in the United States has played a pivotal role in driving the growth of the bariatric surgery device market. With obesity being recognized as a significant public health issue, many health insurance providers have extended coverage for bariatric procedures, making them more accessible to a broader population of individuals struggling with severe obesity and related health conditions. This increased access to bariatric surgeries has driven a surge in demand for surgical devices as healthcare facilities and professionals seek advanced tools and technologies to perform these procedures safely and effectively. Numerous PPO (Preferred Provider Organization) insurance companies now offer coverage for procedures such as Gastric Sleeve, Gastric Bypass, Distal Bypass, and Lap-Band Removal. Commonly, Aetna, Anthem Blue Cross Blue Shield, Cigna, Oscar, Tricare, and United Health Care provide coverage for bariatric surgeries.

Technological Advancements

Technological advancements are reshaping the landscape of bariatric surgery devices in the United States. The market is witnessing a surge in innovation, with the introduction of advanced surgical tools and techniques to enhance bariatric procedures' precision and safety. Robotics-assisted surgery has gained prominence, allowing surgeons to perform with unparalleled precision and control. Additionally, the utilization of minimally invasive techniques, such as laparoscopic approaches, has become more widespread, reducing patient trauma, and promoting quicker recovery. Incorporating novel materials and designs for surgical instruments, stapling devices, and surgical staplers is further improving the effectiveness of these procedures. These technological advancements are not only making bariatric surgeries more efficient but also ensuring better patient outcomes and recovery, ultimately driving the market towards greater growth and patient satisfaction.

Sleeve Gastrectomy Held the Highest Share in Types of Procedure

Sleeve gastrectomy is the leading procedure, claiming the highest market share among various bariatric surgical techniques. Sleeve gastrectomy accounted for more than 50% of the total bariatric procedures. This minimally invasive procedure involves the removal of a portion of the stomach to create a smaller, banana-shaped pouch, resulting in reduced food intake and significant weight loss. Apart from sleeve gastrectomy, the bariatric surgery landscape offers a diverse range of options, including Roux-en Y Gastric Bypass (RYGB), Biliopancreatic Diversion with Duodenal Switch (BPD/DS), Single Anastomosis Duodeno-Ileal Bypass with Sleeve Gastrectomy (SADI-S), Adjustable Gastric Banding, Robotic Surgery, Gastric Bypass, Revision Bariatric Surgery, Noninvasive Bariatric Surgery, and Mini-Gastric Bypass. These various techniques cater to a spectrum of patient needs, preferences, and conditions, reflecting the dynamic nature of the bariatric surgery market as it continually adapts to provide effective solutions for weight management and obesity-related health issues.

Impact of COVID-19

The COVID-19 pandemic brought about a substantial impact on the United States bariatric surgery devices market. In the early stages of the pandemic, as healthcare resources were redirected to address the urgent needs of COVID-19 patients, many elective and non-urgent surgeries, including bariatric procedures, experienced significant delays and cancellations. Restrictions on elective medical procedures and concerns over the risk of virus transmission led to a temporary reduction in the demand for bariatric surgery devices.

However, the pandemic also highlighted the crucial importance of addressing obesity, given its role as a risk factor for severe COVID-19 complications. As healthcare systems have adapted to the ongoing challenges of the pandemic, there is an expectation of a resurgence in demand for bariatric surgeries and related devices, potentially driven by a heightened emphasis on weight management and the adoption of innovative, minimally invasive surgical techniques that offer reduced hospital stays and faster recovery times.

United States Bariatric Surgery Devices Market: Report Scope

United States Bariatric Surgery Devices Market Assessment, Opportunities and Forecast, 2016-2030F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative & quantitative assessment of the current state of the United States bariatric surgery devices market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 impact, opportunities and forecast between 2023 and 2030F. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Report Attribute

Details

Base Year of the Analysis

2022

Historical Period

2016-2021

Forecast Period

2023-2030F

Projected Growth Rate

CAGR of 6.1% between 2023 and 2030F

Revenue Forecast in 2030

USD 1.17 billion

Units

Revenue in USD billion

Segments Covered

By Device, By Procedure, By End-user

Regions Covered

Northeast, Southwest, West, Midwest, Southeast

Key Companies Profiled

Intuitive Surgical Inc., Johnson & Johnson, Medtronic Plc, Apollo Endosurgery, Inc., Covidien Plc., Cousin Biotech, GI Dynamics Inc., TransEnterix Inc., SemiLEDs Ltd., USGI Medical Inc.

Customization Scope

15% free report customization with purchase

Pricing and Purchase Options

Avail the customized purchase options to fulfill your precise research needs

Delivery Format

PDF and Excel through email (subject to the license purchased)

In this report, United States bariatric surgery devices market has been segmented into the following categories: 

1.       By Type

1.1.    Minimally Invasive Surgical Devices

1.1.1. Stapling Devices

1.1.2. Suturing Devices

1.1.3. Vessel Sealing Devices

1.1.4. Others

1.2.    Non-Invasive Surgical Devices

2.       By Procedure

2.1.    Sleeve Gastrectomy

2.2.    Roux-en Y Gastric Bypass (RYGB)

2.3.    Biliopancreatic Diversion with Duodenal Switch (BPD/DS)

2.4.    Single Anastomosis Duodeno-Ileal Bypass with Sleeve Gastrectomy (SADI-S)

2.5.    Adjustable Gastric Banding

2.6.    Robotic Surgery

3.       By End-user

3.1.    Hospitals

3.2.    Bariatric Surgery Clinics

3.3.    Specialty Centers

3.4.    Ambulatory Surgical Centers

4.       By Region

4.1.    Northeast

4.2.    Southwest

4.3.    West

4.4.    Midwest

4.5.    Southeast

Key Players Landscape and Outlook  

The United States bariatric surgery devices market is a rapidly growing competitive market, with major players like Intuitive Surgical Inc., Johnson & Johnson, Medtronic plc, etc., dominating the market. These market players have innovative and technologically advanced solutions, sophisticated R&D segments, and established market value, which supports their workflow along with the market growth. With the rising demand for bariatric surgeries, the market players are developing better solutions. The United States bariatric surgery devices market is expected to grow, driven by the growing prevalence of obesity and related disorders, increasing healthcare expenditure and insurance coverage, technological advancement, and spending power.

In June 2022, Ethicon, part of the Johnson & Johnson Medical Devices Companies, announced the launch of the ENSEAL X1 Curved Jaw Tissue Sealer. This new advanced bipolar energy device increases procedural efficiency for colorectal, gynecological, bariatric surgery, and thoracic procedures.

For instance, in August 2022, Teleflex Incorporated, announced the acquisition of Standard Bariatrics, Inc. Standard Bariatrics, Inc. has an innovative powered stapling technology for bariatric surgery, which will boost the portfolio of Teleflex. The deal was closed with upfront cash of USD 170 million with additional consideration of up to USD 130 million payable after attaining certain financial goals.   

Key Players Operating in United States Bariatric Surgery Devices Market are:

·         Intuitive Surgical Inc.

·         Johnson & Johnson

·         Medtronic Plc

·         Apollo Endosurgery, Inc.

·         Covidien Plc.

·         Cousin Biotech

·         GI Dynamics Inc.

·         TransEnterix Inc.

·         SemiLEDs Ltd.

·         USGI Medical Inc.

Markets and Data’s reports answer the following questions: 

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•    How are the markets divided into different product/service segments and the market size and growth of each segment? 
•    What is the market potential of different product segments and their investment case?
•    How are the markets predicted to develop in the future and what factors will drive or inhibit growth?
•    What is the business environment and regulatory landscape specific to the product/service?

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Table of Contents

1.       Research Methodology

2.       Project Scope & Definitions

3.       Impact of COVID-19 on United States Bariatric Surgery Devices Market

4.       Executive Summary

5.       United States Bariatric Surgery Devices Market Outlook, 2016-2030F

5.1.    Market Size & Forecast

5.1.1.By Value

5.1.2.By Volume

5.2.    By Type

5.2.1.Minimally Invasive Surgical Devices

5.2.1.1.               Stapling Devices

5.2.1.2.               Suturing Devices

5.2.1.3.               Vessel Sealing Devices

5.2.1.4.               Others

5.2.2.Non-Invasive Surgical Devices

5.3.    By Procedure

5.3.1.Sleeve Gastrectomy

5.3.2.Roux-en Y Gastric Bypass (RYGB)

5.3.3.Biliopancreatic Diversion with Duodenal Switch (BPD/DS)

5.3.4.Single Anastomosis Duodeno-Ileal Bypass with Sleeve Gastrectomy (SADI-S)

5.3.5.Adjustable Gastric Banding

5.3.6.Robotic Surgery

5.3.7.Gastric Bypass

5.3.8.Revision Bariatric Surgery

5.3.9.Noninvasive Bariatric Surgery

5.3.10.    Mini-Gastric Bypass

5.4.    By End-user

5.4.1.Hospitals

5.4.2.Bariatric Surgery Clinics

5.4.3.Specialty Centers

5.4.4.Ambulatory Surgical Centers

5.5.    By Region

5.5.1.Northeast

5.5.2.Southwest

5.5.3.West

5.5.4.Midwest

5.5.5.Southeast

5.7   By Company Market Share (%), 2022

6.       Market Mapping, 2022

6.1.      By Device

6.2.      By Procedure

6.3.      By End-user

6.4.      By Region

7.       Macro Environment and Industry Structure

7.1.      Supply Demand Analysis

7.2.      Import Export Analysis – Volume and Value

7.3.      Supply/Value Chain Analysis

7.4.      PESTEL Analysis

7.4.1.Political Factors

7.4.2.Economic System

7.4.3.Social Implications

7.4.4.Technological Advancements

7.4.5.Environmental Impacts

7.4.6.Legal Compliances and Regulatory Policies (Statutory Bodies Included)

7.5.      Porter’s Five Forces Analysis

7.5.1.Supplier Power

7.5.2.Buyer Power

7.5.3.Substitution Threat

7.5.4.Threat from New Entrant

7.5.5.Competitive Rivalry

8.       Market Dynamics

8.1.    Growth Drivers

8.2.    Growth Inhibitors (Challenges, Restraints)

9.       Regulatory Framework and Innovation

9.1.    Clinical Trials

9.2.    Patent Landscape

9.3.    Regulatory Approvals

9.4.    Innovations/Emerging Technology

10.   Key Players Landscape

10.1.  Competition Matrix of Top Five Market Leaders

10.2.  Market Revenue Analysis of Top Five Market Leaders (in %, 2022)

10.3.  Mergers and Acquisitions/Joint Ventures (If Applicable)

10.4.  SWOT Analysis (For Five Market Players)

10.5.  Patent Analysis (If Applicable)

11.   Pricing Analysis

12.   Case Studies

13.   Key Players Outlook

13.1.                     Intuitive Surgical Inc.

13.1.1.    Company Details

13.1.2.    Key Management Personnel

13.1.3.    Products & Services

13.1.4.    Financials (As reported)

13.1.5.    Key Market Focus & Geographical Presence

13.1.6.    Recent Developments

13.2.                     Johnson & Johnson

13.3.                     Medtronic Plc

13.4.                     Apollo Endosurgery, Inc.

13.5.                     Covidien Plc.

13.6.                     Cousin Biotech

13.7.                     GI Dynamics Inc.

13.8.                     TransEnterix Inc.

13.9.                     SemiLEDs Ltd.

13.10.                  USGI Medical Inc.

*Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work

14.   Strategic Recommendations

15.   About Us & Disclaimer

List of Figures: United States Bariatric Surgery Devices Market

Figure 1. United States Bariatric Surgery Devices Market, By Value, in USD Billion, 2016-2030F

Figure 2. United States Bariatric Surgery Devices Market, By Volume, in Thousand Units, 2016-2030F

Figure 3. United States Bariatric Surgery Devices Market Share, By Type, in USD Million, 2016-2030F

Figure 4. United States Bariatric Surgery Devices Market Share, By Procedure, in USD Million, 2016-2030F

Figure 5. United States Bariatric Surgery Devices Market Share, By End-user, in USD Million, 2016-2030F

Figure 6. United States Bariatric Surgery Devices Market Share, By Region, in USD Million, 2016-2030F

Figure 7. By Type Map-Market Size (USD Million) & Growth Rate (%), 2022

Figure 8. By Procedure Map-Market Size (USD Million) & Growth Rate (%), 2022

Figure 9. By End-user Map-Market Size (USD Million) & Growth Rate (%), 2022

Figure 10. By Region Map-Market Size (USD Million) & Growth Rate (%), 2022

List of Tables: United States Bariatric Surgery Devices Market

Table 1. Pricing Analysis of Products from Key Players

Table 2. Competition Matrix of Top 5 Market Leaders

Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)

Table 4. About Us - Region and Countries Where We Have Executed Client Projects

Frequently Asked Questions

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