North America Bariatric Surgery Devices Market Size & Outlook
North America bariatric surgery devices market, 2018-2030 (US$M)
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North America bariatric surgery devices market highlights
- The North America bariatric surgery devices market generated a revenue of USD 3,385.5 million in 2023.
- The market is expected to grow at a CAGR of 7.4% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 3,385.5 million |
| Market revenue in 2030 | USD 5,582.3 million |
| Growth rate | 7.4% (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, North America region accounted for 61.0% 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 |
|---|
North America 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 North America 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.
North America leads the bariatric surgery market owing to the highest obesity rate, presence of global players, and approvals by the government for non-invasive surgeries. For instance, in June 2015, the FDA approved ORBERA Intragastrical Balloon for weight loss treatment with BMI 30 to 40.
Sleeve gastrectomy procedure was not covered under Medicare facilities and was left upon the decision of personal regional consultant. However in January 2013, government felt that sleeve gastrectomy is an effective surgery and hence decided to cover.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America bariatric surgery devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America bariatric surgery devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America bariatric surgery devices market
North America Bariatric Surgery Devices Market Outlook Share, 2023 & 2030 (US$M)
North America bariatric surgery devices market
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