Asia Pacific Bariatric Surgery Devices Market Size & Outlook
Asia Pacific bariatric surgery devices market, 2018-2030 (US$M)
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Asia Pacific bariatric surgery devices market highlights
- The Asia Pacific bariatric surgery devices market generated a revenue of USD 769.6 million in 2023.
- The market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, roux-en-y gastric bypass (rygb) was the largest revenue generating procedures in 2023.
- Vertical Sleeve Gastrectomy (VSG) is the most lucrative procedures segment registering the fastest growth during the forecast period.
- Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 769.6 million |
| Market revenue in 2030 | USD 1,294.9 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Roux-en-y gastric bypass (rygb) |
| Fastest growing segment | Vertical Sleeve Gastrectomy (VSG) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Adjustable Gastric Band (AGB), Vertical Sleeve Gastrectomy (VSG), Roux-en-Y Gastric Bypass (RYGB), Biliopancreatic Diversion with a Duodenal Switch (BPD-DS) |
| Key market players worldwide | Allergan, Covidien, Johnson & Johnson, Intuitive Surgical Inc, Cousins Properties Inc, G.I. Dynamics, Asensus Surgical, USGI Medical, MEDIMEX GmbH & Co. |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 13.9% of the global bariatric surgery devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 223.3 million by 2030.
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Bariatric Surgery Devices Market Scope
Bariatric Surgery Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific bariatric surgery devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bariatric surgery devices market will help companies and investors design strategic landscapes.
Roux-en-y gastric bypass (rygb) was the largest segment with a revenue share of 43.61% in 2023. Horizon Databook has segmented the Asia Pacific bariatric surgery devices market based on adjustable gastric band (agb), vertical sleeve gastrectomy (vsg), roux-en-y gastric bypass (rygb), biliopancreatic diversion with a duodenal switch (bpd-ds) covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific region is the fastest growing market for bariatric surgery owing to the increasing obesity, medical tourism owing to availability of surgeries at affordable rates and clinical trials performed here. The alarming obesity rates have resulted in Diabetes Foundation India undertaking three large initiatives, which are multi-centric educational programs.
MARG program funded by the World Diabetes Foundation, Denmark is the first program in Asia, which focuses on 100% diabetes prevention and non-communicable diseases. Second initiative is Children’s’ Health Education through Nutrition and Health Awareness (CHETNA), formed by Diabetes Foundation (India) and the Rotary South-East Charitable Foundation.
Third initiative named trends in childhood nutrition and lifestyle factors in India (TEACHER) covered four major cities in India for in-depth knowledge related with nutrition and lifestyle habits.
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Our clientele includes a mix of bariatric surgery devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific bariatric surgery devices market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific bariatric surgery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific Bariatric Surgery Devices Market Outlook Share, 2023 & 2030 (US$M)
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