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UNITED STATES BARIATRIC SURGERY MARKET FORECAST 2024-2032

SCOPE OF THE REPORT

United States Bariatric Surgery Market by Device (Assisting Devices, Implantable Devices) Market by Procedure (Gastric Sleeve Surgery, Biliopancreatic Diversion With Duodenal Switch, Adjustable Gastric Band, Gastric Bypass) Market by End-user (Hospitals, Ambulatory Surgical Centers, Bariatric Surgery Clinics)


MARKET OVERVIEW

The United States bariatric surgery market growth is anticipated to progress at a CAGR of 5.80% during the forecast period, 2024-2032, and is estimated to project a revenue of $xx million by 2032.

Obesity, a steadily escalating global epidemic, currently affects more than one-third of the US adult population. These concerning trends are expected to persist, with projections indicating that by 2030, obesity rates will encompass 51% of the adult population. Consequently, there has been a significant surge in demand for bariatric surgery across many countries, a trend anticipated to continue as the obese population grows.

Notably, the prevalence of severe obesity has seen an uptick, further compounded by alarming increases in overweight and obesity among children and adolescents. Youths are now experiencing weight issues at earlier stages, underscoring the urgent need for interventions. As obesity rates soar, the number of bariatric surgeries performed annually also escalates.

United States Bariatric Surgery Market

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Among the various types of bariatric surgeries, gastric bypass stands out as one of the most commonly performed procedures in the United States. Many surgeons favor gastric bypass due to its relatively lower complication rates compared to other weight-loss surgeries.

Additionally, sleeve gastrectomy has emerged as the predominant method of weight-loss surgery in the United States, surpassing laparoscopic gastric bypass, which had long held the title as the most common procedure. This shift in preference has been observed by researchers at Cleveland Clinic.

The United States bariatric surgery market segmentation includes device, end-user, and procedure. The procedure segment includes adjustable gastric band, gastric bypass, biliopancreatic diversion with duodenal switch, and gastric sleeve surgery.

Gastric sleeve surgery, also known as sleeve gastrectomy, has emerged as a significant player in the bariatric surgery market. This minimally invasive procedure involves the removal of a large portion of the stomach, leaving behind a smaller ‘sleeve’ or tube-shaped stomach.

As one of the most popular and effective weight-loss surgeries, gastric sleeve surgery has garnered widespread attention for its ability to produce substantial and sustainable weight-loss results. It works by reducing the stomach’s capacity, leading to a decreased appetite and earlier feelings of fullness, which in turn facilitates weight loss.

In recent years, gastric sleeve surgery has witnessed a notable rise in demand, driven by several factors. Firstly, its efficacy in achieving significant weight loss and improving obesity-related health conditions such as type 2 diabetes, hypertension, and sleep apnea has contributed to its popularity among patients and healthcare providers alike. Moreover, the minimally invasive nature of the procedure and shorter recovery times compared to traditional open surgeries have made it an attractive option for many individuals seeking long-term weight management solutions.

Furthermore, advancements in surgical techniques and technology have further enhanced the safety and efficacy of gastric sleeve surgery, making it a preferred choice for both patients and surgeons. With increasing awareness of the health risks associated with obesity and the growing emphasis on overall wellness, gastric sleeve surgery is expected to continue playing a pivotal role in the bariatric surgery market, offering hope and improved quality of life to individuals struggling with obesity.

Some of the eminent companies in the United States bariatric surgery market include USGI Medical Inc, Olympus Corporation, Johnson & Johnson, etc.

Johnson & Johnson (J&J) is engaged in the research, development, manufacturing, and sale of pharmaceutical products and medical devices. Operating through its subsidiary companies, J&J offers a wide range of pharmaceuticals targeting immune disorders, cancer, neurological disorders, infectious diseases, cardiovascular ailments, and metabolic disorders. Additionally, the company provides medical devices catering to cardiovascular, orthopedic, neurovascular care, general surgery, and vision care fields. 

J&J distributes its pharmaceutical and medical products to various channels, including retailers, wholesalers, healthcare professionals, and hospitals. Its product offerings span across regions including the US, Europe, Asia-Pacific, Africa, Western Hemisphere (excluding the US), and Latin America. Headquartered in New Brunswick, New Jersey, USA, J&J maintains its global presence as a leader in the healthcare industry.

REPORT SYNOPSIS

REPORT SCOPEDETAILS
Market Forecast Years2024-2032
Base Year2023
Market Historical Years2018-2022
Forecast Units

Revenue ($ Million)

Segments Analyzed
Device, Procedure, and End-User
Countries AnalyzedThe United States
Companies AnalyzedUSGI Medical Inc, Johnson & Johnson, Apollo Endosurgery Inc, Olympus Corporation, Medtronic PLC, Intuitive Surgical Inc
TABLE OF CONTENTS
  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. METHODOLOGY
    3. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
    3. SCOPE OF STUDY
    4. CRISIS SCENARIO ANALYSIS
      1. IMPACT ANALYSIS OF COVID-19 
    5. MAJOR MARKET FINDINGS
      1. INCREASING PREVALENCE OF OBESITY 
      2. GROWING ADOPTION OF MINIMALLY INVASIVE PROCEDURES DUE TO SHORTER HOSPITAL STAYS
  3. MARKET DYNAMICS
    1. KEY DRIVERS
      1. INCREASING AVAILABILITY AND AFFORDABILITY OF BARIATRIC PROCEDURES
      2. RISING RATES OF OBESITY AND ASSOCIATED HEALTH RISKS PROPEL DEMAND FOR WEIGHT LOSS PROCEDURES
      3. TECHNOLOGICAL ADVANCES ENABLE SAFER AND LESS INVASIVE PROCEDURES
    2. KEY RESTRAINTS
      1. COMPLICATIONS AND MORTALITY RISKS REQUIRING INTENSIVE FOLLOW-UP CARE
      2. LIMITED INSURANCE COVERAGE IN SOME HEALTHCARE MARKETS
      3. SHORTAGE OF SKILLED BARIATRIC SURGEONS LIMITS PROCEDURE AVAILABILITY 
  4. KEY ANALYTICS
    1. KEY TECHNOLOGY TRENDS
      1. SHIFT TOWARDS LESS INVASIVE LAPAROSCOPIC PROCEDURES OVER OPEN SURGERIES
      2. DEVELOPMENT OF GASTROINTESTINAL SUTURE DEVICES FOR IMPROVED TISSUE APPROXIMATION
      3. USE OF PREOPERATIVE 3D MODELING TO PLAN PROCEDURES MORE PRECISELY
    2. PORTER’S FIVE FORCES ANALYSIS
      1. BUYERS POWER
      2. SUPPLIERS POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    3. GROWTH PROSPECT MAPPING
      1. GROWTH PROSPECT MAPPING FOR UNITED STATES
    4. MARKET MATURITY ANALYSIS
    5. MARKET CONCENTRATION ANALYSIS
    6. VALUE CHAIN ANALYSIS
      1. SUPPLY CHAIN MANAGEMENT AND INTEGRATION
      2. DISTRIBUTION STRATEGIES AND RETAIL NETWORKS
      3. TECHNOLOGICAL ADVANCEMENTS AND RESEARCH & DEVELOPMENT
      4. POST-OPERATIVE CARE AND PATIENT SUPPORT
    7. KEY PROCURING FACTORS
      1. SURGICAL EFFICACY AND OUTCOMES
      2. INNOVATIVE PROCEDURAL TECHNIQUES
      3. SURGEON PROFICIENCY AND EXPERTISE
      4. COMPLIANCE WITH MEDICAL GUIDELINES AND SAFETY STANDARDS
    8. REGULATORY FRAMEWORK
  5. MARKET BY DEVICE 
    1. ASSISTING DEVICES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. IMPLANTABLE DEVICES
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  6. MARKET BY PROCEDURE
    1. GASTRIC SLEEVE SURGERY
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. BILIOPANCREATIC DIVERSION WITH DUODENAL SWITCH
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. ADJUSTABLE GASTRIC BAND
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    4. GASTRIC BYPASS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  7. MARKET BY END-USER
    1. HOSPITALS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    2. AMBULATORY SURGICAL CENTERS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
    3. BARIATRIC SURGERY CLINICS
      1. MARKET FORECAST FIGURE
      2. SEGMENT ANALYSIS
  8. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGERS & ACQUISITIONS
      2. PRODUCT LAUNCHES & DEVELOPMENTS
      3. PARTNERSHIP & AGREEMENTS
      4. BUSINESS EXPANSIONS & DIVESTITURES
    2. COMPANY PROFILES
      1. USGI MEDICAL INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      2. JOHNSON & JOHNSON
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      3. APOLLO ENDOSURGERY INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      4. OLYMPUS CORPORATION
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      5. MEDTRONIC PLC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES
      6. INTUITIVE SURGICAL INC
        1. COMPANY OVERVIEW
        2. PRODUCT LIST
        3. STRENGTHS & CHALLENGES

LIST OF TABLES

TABLE 1: UNITED STATES MARKET SNAPSHOT – BARIATRIC SURGERY MARKET 

TABLE 2: UNITED STATES BARIATRIC SURGERY MARKET REGULATORY FRAMEWORK

TABLE 3: UNITED STATES BARIATRIC SURGERY MARKET, BY DEVICE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 4: UNITED STATES BARIATRIC SURGERY MARKET, BY DEVICE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 5: UNITED STATES BARIATRIC SURGERY MARKET, BY PROCEDURE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 6: UNITED STATES BARIATRIC SURGERY MARKET, BY PROCEDURE, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 7: UNITED STATES BARIATRIC SURGERY MARKET, BY END-USER, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)

TABLE 8: UNITED STATES BARIATRIC SURGERY MARKET, BY END-USER, FORECAST YEARS, 2024-2032 (IN $ MILLION)

TABLE 9: LIST OF MERGERS & ACQUISITIONS

TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 11: LIST OF PARTNERSHIP & AGREEMENTS

TABLE 12: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

FIGURE 1: KEY TECHNOLOGY TRENDS

FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

FIGURE 3: GROWTH PROSPECT MAPPING FOR UNITED STATES

FIGURE 4: MARKET MATURITY ANALYSIS

FIGURE 5: MARKET CONCENTRATION ANALYSIS

FIGURE 6: UNITED STATES BARIATRIC SURGERY MARKET, GROWTH POTENTIAL, BY DEVICE, IN 2023

FIGURE 7: UNITED STATES BARIATRIC SURGERY MARKET, BY ASSISTING DEVICES, 2024-2032 (IN $ MILLION)

FIGURE 8: UNITED STATES BARIATRIC SURGERY MARKET, BY IMPLANTABLE DEVICES, 2024-2032 (IN $ MILLION)

FIGURE 9: UNITED STATES BARIATRIC SURGERY MARKET, GROWTH POTENTIAL, BY PROCEDURE, IN 2023

FIGURE 10: UNITED STATES BARIATRIC SURGERY MARKET, BY GASTRIC SLEEVE SURGERY, 2024-2032 (IN $ MILLION)

FIGURE 11: UNITED STATES BARIATRIC SURGERY MARKET, BY BILIOPANCREATIC DIVERSION WITH DUODENAL SWITCH, 2024-2032 (IN $ MILLION)

FIGURE 12: UNITED STATES BARIATRIC SURGERY MARKET, BY ADJUSTABLE GASTRIC BAND, 2024-2032 (IN $ MILLION)

FIGURE 13: UNITED STATES BARIATRIC SURGERY MARKET, BY GASTRIC BYPASS, 2024-2032 (IN $ MILLION)

FIGURE 14: UNITED STATES BARIATRIC SURGERY MARKET, GROWTH POTENTIAL, BY END-USER, IN 2023

FIGURE 15: UNITED STATES BARIATRIC SURGERY MARKET, BY HOSPITALS, 2024-2032 (IN $ MILLION)

FIGURE 16: UNITED STATES BARIATRIC SURGERY MARKET, BY AMBULATORY SURGICAL CENTERS, 2024-2032 (IN $ MILLION)

FIGURE 17: UNITED STATES BARIATRIC SURGERY MARKET, BY BARIATRIC SURGERY CLINICS, 2024-2032 (IN $ MILLION)

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