BARIATRIC SURGERY DEVICES MARKET ANALYSIS

Regional Analysis

Global Bariatric Surgery Devices Market: Regional Insights

North America holds the dominant position in the global bariatric surgery devices market in 2022, owing to increasing cases of obesity in the region. For instance, according to the Centers for Disease Control and Prevention (CDC), during 2017-2018, the prevalence of obesity in the U.S. was 42.5% in adults aged 20 years and above, and the prevalence of overweight was 73.6% in adults aged 20 years and above. According to a study published in the Journal of the American Medical Association in 2018, around 40.0% of all adults i.e. 93.3 million people over the age of 20 years in the U.S. were obese in 2018.

Asia Pacific is expected to witness a significant growth over the forecast period, owing to the rising patient pool of obesity and increasing medical tourism due to surgery performed at affordable costs. For instance, according to the World Health Organization, in 2018, almost half of the children under 5 who were overweight or obese lived in Asia. Similarly, according to the Asian Development Bank Institute, an article published in 2017 stated that around 1 billion people in Asia Pacific were overweight or obese. For instance, India had attracted more than 4 million medical tourists in 2016, and generated around 4.5 billion USD in health care revenues.