Europe Bariatric Surgery Devices Market Size & Outlook
Europe bariatric surgery devices market, 2018-2030 (US$M)
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Europe bariatric surgery devices market highlights
- The Europe bariatric surgery devices market generated a revenue of USD 1,023.5 million in 2023.
- The market is expected to grow at a CAGR of 7.2% 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, Sweden is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,023.5 million |
| Market revenue in 2030 | USD 1,662.9 million |
| Growth rate | 7.2% (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, Europe region accounted for 18.4% 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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Europe 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 43.62% in 2023. Horizon Databook has segmented the Europe 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.
Europe is experiencing unprecedented explosion of obesity with Ireland topping the chart. The WHO presented their Modelling Obesity Project at the European Congress on Obesity. The unpublished data was used by the researchers to estimate obesity rate in over 53 countries European region by 2030.
Heart Research, UK granted USD 231,000 to University of Oxford to study the control of cell activators having a link between obesity and heart diseases. Researchers are now targeting the relation of obesity with cancer and such studies are supported by funding by national organizations.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe bariatric surgery devices market , including forecasts for subscribers. This continent databook contains high-level insights into Europe bariatric surgery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe Bariatric Surgery Devices Market Outlook Share, 2023 & 2030 (US$M)
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