The size of the market for gastric bypass is expected to reach $1.61 billion by 2032 at a CAGR of 4.9% during the forecast period. Gastric bypass market is influenced by numerous factors that collectively affect its dynamics and growth trajectory, but one crucial determinant is the increasing prevalence of obesity across nations whose societies are on a crossroad with sedentary lifestyles and unhealthy eating practices with weight loss; consequently, obesity has become endemic thus calling for weight-loss interventions like gastric bypass procedures. The upsurge in its prevalence has resulted in a large pool of patients that acts as a driving force for this industry.
Further, improvements in medical technology and surgical techniques have had a significant impact on the gastric bypass market. The advent of minimally invasive procedures such as laparoscopic gastric bypass surgery has contributed highly to reducing postoperative complications, duration of hospital stays as well as recovery periods amongst other advances in this area. These technology advancements not only increase patients’ results but also enlarge the population in search for weight-loss remedies.
This is because people are now becoming more aware about bariatric surgery being an effective solution to weight management since they have realized that traditional methods cannot produce sustainable or significant outcomes hence opting to undergo surgical intervention like gastric bypass instead.Needless to say, societal attitudes towards obesity have been changing over time leading to reduction of bariatric surgeries stigma thereby encouraging even more acceptance and uptake rates concerning these types of operation.
Furthermore, economies along with healthcare infrastructure within regions significantly determine how far it can go.The developed economies which have fully-fledged health care systems offer better access to advanced surgeries than others which contributes towards the growth of this particular market.However in developing nations lack proper infrastructural capacities, affordability issues related awareness may negatively influence its future development.Projects oriented toward public health protection together with insurance applications also play an important role regarding how far an individual will be able to go to get gastric bypass operations.
The market too is affected by factors such as consumer preferences and lifestyle trends which include the changing focus towards holistic wellness and preventive medicine. With obesity-conscious individuals demanding effective modes of weight loss like gastric bypasses for instance, implications on the future demand is likely to increase.”
Report Attribute/Metric | Details |
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Growth Rate | 2022-2032: 4.9% |
The Gastric Bypass Market is expected to reach USD 1.61 Billion by 2032 at 4.9% CAGR during the forecast period 2023-2032. Gastric bypass is a surgical treatment that reduces the size of the stomach and its capacity to store food. Gastric bypass, adjustable gastric band, sleeve gastrectomy, and biliopancreatic diversion with duodenal switch are all common bariatric surgical methods for reducing stomach size. The stomach is separated into upper and lower pouches during gastric bypass, so food reaches the small intestine straight after passing through the stomach. Obesity, defined as a BMI of more than 40, is well treated with surgery. Other reasons for gastric bypass surgery include gastroesophageal reflux illness, heart disease, hypertension, and type 2 diabetes.
The rising incidence of obesity, diabetes, and cardiovascular disease, as well as the growing desire for minimally invasive surgery, are propelling the market forward globally. In addition, the employment of modern technological gadgets in health care facilities for surgical procedures has an impact on market growth.
SlimFit Surgical Solutions, a key stakeholder in the bariatric surgery sector, came up with this new robotic-assisted surgical system that specifically supports bariatric operations after its launch announcement in January 2023.
In March 2023, NutriWell Weight Management became a strategic partner with Global Bariatric Specialists, which is comprised of leading surgeons dealing with weight problems on a worldwide scale.
The FDA approved Gastric Solutions Inc.’s groundbreaking non-invasive bariatric procedure as a medical device company. This means there is now an alternative for eligible patients to undergo less invasive methods of bariatric treatment.
Standard Bariatrics, Inc. hit a major milestone in its Titan SGS surgical stapler technology by completing its first 1,000 clinical cases by January 2022. Essentially, the use of a tailored anatomical approach Titan SGS for use in bariatric surgery has proven effective, resulting in improved outcomes and enhanced efficiencies
The global gastric bypass market is segmented on the basis of type, indication, and end user.
On the basis of the type, it is segmented into endoscopic sleeve gastroplasty and intragastric balloon.
Based on the indication, it is segmented into obesity, gastroesophageal reflux disease, heart disease, high blood pressure, type 2 diabetes, and others.
On the basis of the end user, it is segmented into hospitals & clinics, surgical centers, and others Figure: Global Gastric Bypass Market, By Region, 2016 (%)
Some of key the players in the market are:
The Americas are the largest gastric bypass market across the globe owing to well-developed technology, increasing the prevalence of obesity and cardiovascular diseases, availability of healthcare specialty healthcare services, and technologically advancement in the field of healthcare. In North America, the U.S. dominates the market owing to an increased number of market players manufacturing surgical devices. Additionally, in the U.S., gastric bypass is one of the most common procedures for obesity, and other major indications such as diabetes, and gastroesophageal reflux disease. Furthermore, the prevalence of diabetes is found to be increasing among the U.S. population. As per the National Diabetes Statistics Report of the Center for Disease Control and Prevention (CDC), in 2015, 9.4% of the U.S. population i.e. 30.3 million people had diabetes.
Europe holds the second position in the global gastric bypass market owing to the increasing diabetic population. Additionally, extensive research & development activities in the field of gastroenterology and availability of funds for research also fuel the market growth. Germany and France are the largest contributors to the market owing to increasing use of minimally invasive surgical procedures in hospitals, and surgical centers.
The Asia Pacific is the fastest growing gastric bypass market owing to the ever-increasing prevalence of diabetes and cardiovascular diseases and demand for technologically advanced devices for minimally invasive surgical procedures. India and China are the major contributors to large diabetic patient pool and increasing number of specialty services. Additionally, the growth of the medical technology and healthcare industry in developing economies of Asia Pacific also influence the growth of the market. Furthermore, increasing demand for quality care services and new devices in the healthcare are expected to increase the use of advanced medical devices and instruments.
In the Middle East & Africa, prevalence of obesity and diabetes is increasing from last few years. This increase in the prevalence is attributed to sedentary lifestyle, and lack of physical exercise. In Africa, the prevalence of non-communicable diseases is increasing at a steady rate along with communicable diseases, thus signifying the need for effective therapeutic options of treatment of diseases.
The Incisionless Operating PlatformTM from USGI Medical, which includes the g-CathTM EZ Delivery Catheter with Snowshoe® suture anchors, g-Prox® EZ, g-LixTM, and Transport®, reduces the need for external abdominal incisions by giving doctors the tools they need to perform minimally invasive procedures through a patient's mouth or other natural orifices. Notably, USGI Medical has established the capacity to fixate and plicate stomach tissue consistently and durably without the use of an incision.
According to Emergent Research's latest estimate, the worldwide bariatric surgery market is predicted to reach USD 4.81 billion by 2028, with a stable CAGR of 9.0 percent. Worldwide obesity concerns are driving the global bariatric surgery market's revenue growth to a large extent. Obesity is a serious public health issue that has fueled the demand for gastric bypass surgery in nations all over the world. Concerns about infection after surgery are a major factor causing some people to be hesitant to undergo procedures, which is limiting the market growth.
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