The Europe bariatric surgeries market was valued at US$ 2,409.87 million in 2022 and is expected to reach US$ 8,029.55 million by 2030; it is estimated to grow at a CAGR of 16.2% from 2022 to 2030.
Growing Demand for Minimally Invasive Surgeries Fuels the Europe Bariatric Surgeries Market
Over a period of time, there has been significant growth in the prevalence of chronic disorders, leading to an increase in surgical procedures. Invasive surgical procedures have high risk factors, and patients take longer time in recovery. These procedures have a high risk of infections and a high rate of complications on a global level. To overcome the consequences associated with invasive procedures, minimally invasive procedures are preferred by healthcare professionals. Healthcare professionals are more inclined toward minimally invasive procedures due to various advantages such as shorter recovery periods, very limited to no complications, high success rates, and reduction in procedure time.
The positive outcomes of minimally invasive surgeries have increased the inclination toward minimally invasive bariatric surgeries as market players are focused on development and launch of advanced products. Nowadays, several minimally invasive bariatric surgeries are performed, including laparoscopic gastric bypass, laparoscopic sleeve gastrectomy, and laparoscopic gastric binding. As per the National Health Institutes 2022 report, nowadays, ~90% of gastric bypasses are done laparoscopically, with a death rate of 0.22%, which is less than 0.82% for open surgery. Each procedure has its own advantages and disadvantages, and the choice will depend upon the medical history and patient needs. Moreover, the rising inclination toward non-invasive bariatric devices is expected to proliferate the market growth. There are various manufacturers focused on the development of gastric balloons, which can be placed into the stomach through endoscopy procedures and can be easily removed when required. These balloons have limited to no side effects with positive outcomes. Therefore, the surge in minimally invasive bariatric surgeries, the launch and development of specialized instruments, and positive patient outcomes contribute to the growth of the bariatric surgery devices market.
Europe Bariatric Surgeries Market Overview
The Europe bariatric surgeries market is segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. The increasing obesity and rising diabetes cases are leading to market growth in the region.
The increasing obese population represents a lucrative opportunity for the bariatric surgery devices market in Germany. According to World Obesity Atlas 2022, the estimated number of adults with BMI ≥30kg/m2 in Germany for women and men by 2030 is as follows:
ADULT OBESITY IN 2030
|
|
|
BMI ≥30 |
BMI ≥35 |
BMI ≥40 |
|
MEN |
Prevalence (%) |
31.64 |
9.50 |
2.45 |
|
Total number |
10,493,326 |
3,149,803 |
3,149,803 |
|
|
WOMEN |
Prevalence (%) |
25.41 |
9.07 |
3.01 |
|
Total number |
8,690,846 |
3,103,359 |
1,028,857 |
CHILD OBESITY IN 2030
|
Age |
5–9 |
10–19 |
|
Prevalence (%) |
15.02 |
11.09 |
|
Total number |
595,552 |
886,436 |
Obesity is a metabolic dysfunction often associated with many chronic diseases, creating a significant healthcare burden. The major diseases caused due to obesity include Type-2 diabetes, dyslipidemia, and hypertension. As bariatric surgery is one of the most efficient methods to control obesity and associated risks, the demand for surgery is increasing in Germany.
Europe Bariatric Surgeries Market Revenue and Forecast to 2030 (US$ Million)
Europe Bariatric Surgeries Market Segmentation
The Europe bariatric surgeries market is segmented into type, end user, and country.
Based on type, the Europe bariatric surgeries market is categorized adjustable gastric bands (AGB), sleeve gastrectomy, gastric bypass, biliopancreatic diversion with duodenal switch (bpd- ds), and others. The sleeve gastrectomy market segment held the largest share in 2022.
In terms of end user, the Europe bariatric surgeries market is bifurcated into hospitals and ambulatory surgical centers. The hospitals segment held a larger share in 2022.
Based on country, the Europe bariatric surgeries market is segmented the UK, Germany, France, Italy, Spain, and the Rest of Europe. Germany dominated the Europe bariatric surgeries market in 2022.
Conmed Corp, Helioscopie SA, Integra LifeSciences Holdings Corp, Intuitive Surgical Inc, Medtronic Plc, and Olympus Corp are some of the leading companies operating in the Europe bariatric surgeries market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 2,409.87 Million |
| Market Size by 2030 | US$ 8,029.55 Million |
| CAGR (2022 - 2030) | 16.2% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
1. Conmed Corp
2. Helioscopie SA
3. Integra LifeSciences Holdings Corp
4. Intuitive Surgical Inc
5. Medtronic Plc
6. Olympus Corp
7. Ethicon USA LLC
The Europe Bariatric Surgeries Market is valued at US$ 2,409.87 Million in 2022, it is projected to reach US$ 8,029.55 Million by 2030.
As per our report Europe Bariatric Surgeries Market, the market size is valued at US$ 2,409.87 Million in 2022, projecting it to reach US$ 8,029.55 Million by 2030. This translates to a CAGR of approximately 16.2% during the forecast period.
The Europe Bariatric Surgeries Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Bariatric Surgeries Market report:
The Europe Bariatric Surgeries Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Bariatric Surgeries Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Bariatric Surgeries Market value chain can benefit from the information contained in a comprehensive market report.
Please tell us your area of interest
(Market Segments/ Regions and Countries/ Companies)