Market revenue in 2023 | USD 131.8 million |
Market revenue in 2030 | USD 223.3 million |
Growth rate | 7.8% (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. |
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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 43.63% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
South Africa is experiencing a trend of increasing childhood obesity with fastest growth rates of obesity in pre-school children. In case of adults, seven out of ten women and four out of ten men have more body fat as compared to healthy body weight.
The shift of rural population to urban regions, less physical exercise, nutrition transition, and consumption of high fatty food and sugary drinks contribute to the shift of eating as a reward-driven and not as a physiological need. According to South African Medical Journal, it costs 23% more to treat an oversized person than a healthy person.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa bariatric surgery devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa bariatric surgery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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