Report : Middle East & Africa Bariatric Surgeries Market Forecast to 2030 - Regional Analysis - by Type [Adjustable Gastric Bands (AGB), Sleeve Gastrectomy, Gastric bypass, Biliopancreatic Diversion with Duodenal Switch (BPD- DS), and Others] and End User (Hospitals and Ambulatory Surgical Centers)
At 9.5% CAGR, the Middle East & Africa Bariatric Surgeries Market is Speculated to be Worth US$ 341.26 Million by 2030, Says Business Market Insights
According to Business Market Insights research, the Middle East & Africa bariatric surgeries market was valued at US$ 165.09 in 2022 and is expected to reach US$ 341.26 million by 2030, registering a CAGR of 9.5% from 2022 to 2030. Increasing prevalence of obesity and technological advancements are among the critical factors attributed to the Middle East & Africa bariatric surgeries market expansion.
Excess amount of fat accumulation in the body is known as obesity, which can cause various health problems. When the body mass index is 25 or above, it is considered obesity. Obesity is one of the leading causes of various health conditions, such as cardiovascular disorders and diabetes. Changes in food habits and sedentary lifestyles have increased the prevalence of obesity on a global level. A large percentage of the population consuming high-calorie, high-fat food with limited physical activity has increased obesity rates. According to the World Health Organization, in 2022, ~1 billion people worldwide were obese, including 39 million children, 340 million adolescents, and 650 million adults. There are various factors, such as genetic, behavioral, metabolic, and hormonal, that influence body weight and can cause obesity. In some cases, obesity can be caused due to medical reasons such as hypothyroidism, Cushing syndrome, and Prader-Willi syndrome. The increasing prevalence of obesity leads to various health concerns. Most of the obese population experience depression, shame, and guilt about their social isolation, disability, and lower work achievement, which affects their quality of life. Therefore, increasing prevalence of obesity and rising awareness about its consequences have increased the demand for bariatric surgeries, driving the bariatric surgery devices market.
On the contrary, stringent regulatory policies and increase in safety concerns hamper the growth Middle East & Africa bariatric surgeries market .
Based on type, the Middle East & Africa bariatric surgeries market is segmented adjustable gastric bands (AGB), sleeve gastrectomy, gastric bypass, biliopancreatic diversion with duodenal switch (BPD- DS), and others. The sleeve gastrectomy market segment held 66.6% share of the Middle East & Africa bariatric surgeries market in 2022, amassing US$ 109.99 million. It is projected to garner US$ 217.90 million by 2030 to expand at 8.9% CAGR during 2022-2030.
By end user, the Middle East & Africa bariatric surgeries market is bifurcated into hospitals and ambulatory surgical centers. The hospital segment held 68.1% share of Middle East & Africa bariatric surgeries market in 2022, amassing US$ 112.39 million. It is projected to garner US$ 229.34 million by 2030 to expand at 9.3% CAGR during 2022-2030.
Based on country, the Middle East & Africa bariatric surgeries market is categorized into the UAE, South Africa, Saudi Arabia, and the Rest of Middle East & Africa. Saudi Arabia held 40.8% share of Middle East & Africa bariatric surgeries market in 2022, amassing US$ 67.34 million. It is projected to garner US$ 145.83 million by 2030 to expand at 10.1% CAGR during 2022-2030.
Key players operating in the Middle East & Africa bariatric surgeries market are Integra LifeSciences Holdings Corp, Intuitive Surgical Inc, Medtronic Plc, and Olympus Corp, among others.
- In February 2020, Medtronic plc acquired Digital Surgery, a privately held pioneer in surgical artificial intelligence (AI), data and analytics, and digital education and training. The acquisition of Digital Surgery will strengthen the Medtronic robotic assisted surgery platform and will expand Medtronic's product portfolio.
Contact Us
Contact Person: Sameer Joshi
Phone: +1-646-491-9876
Email Id: sales@businessmarketinsights.com