Global Bariatric Surgery Market Size (2024 - 2029)

Bariatric Surgery Market Analysis

The Global Bariatric Surgery Market size is estimated at USD 2.66 billion in 2024, and is expected to reach USD 3.43 billion by 2029, growing at a CAGR of 5.22% during the forecast period (2024-2029).

The major factors contributing to the growth of the bariatric surgery market are an increase in obesity among people and a rising prevalence rate of type 2 diabetes and heart diseases. People with more fat in their bodies are highly likely to be affected by diabetes. Hence, patients are taking specific measures to prevent obesity with bariatric surgeries.

The rising burden of obesity and metabolic complications around the globe is anticipated to fuel the demand for bariatric surgery during the study period. According to 2024 updated data from the World Obesity Federation, the burden of obesity has increased significantly over the past years, and the high obesity burden is amid risk factors such as sedentary lifestyles and comorbidities. Such a high burden of obesity is anticipated to fuel the uptake of bariatric surgeries to lose weight and extra fat in the body.

Bariatric surgery has been considered an effective treatment for patients with obesity and type 2 diabetes mellitus. The rising incidence of diabetes is one of the major risk factors for obesity, thereby increasing demand for bariatric surgery. Thus, the growing burden of type 2 diabetes mellitus is expected to fuel market growth over the coming years.

For instance, according to 2024 data from the International Diabetes Federation, the burden of diabetes mellitus is evolving globally, and the age-adjusted prevalence of diabetes is projected to rise from 6.6% in 2021 to 7.7% in 2023 and 8.3% in 2045. This estimated rise in disease prevalence is expected to bolster the demand for bariatric surgeries to reduce the risk of developing diabetes.

Moreover, several articles highlighted the importance of bariatric surgeries in achieving superior glycemic control in type 2 diabetes mellitus, which is expected to expand the market. For instance, according to an article published by the American Medical Association in February 2024, patients with bariatric surgery have superior glycemic control in diabetes compared to patients with medical/lifestyle intervention. The significance of bariatric surgeries is expected to accelerate the adoption of healthcare practices, which is expected to shape the market landscape.

Market growth is expected to be driven by strategies like new product launches and development by market players. For instance, in August 2023, Healthium Medtech launched TRUMAS, a range of sutures to be used during suturing in minimal-access surgeries, including bariatric surgery. Such strategies by market players are anticipated to accelerate industry uptake during the study period.

Thus, all the aforementioned factors, such as the growing burden of obesity and metabolic disorders worldwide and the high burden of diabetes, are expected to support market growth during the study period. In addition, the proven role of bariatric surgeries in reducing the burden of diabetes mellitus is expected to drive market expansion.

However, the slow penetration of bariatric surgeries in low and middle-income countries and the high procedure cost are likely to hamper market growth during the study period.

Bariatric Surgery Industry Segmentation

Bariatric surgery or weight loss surgery is one of the major treatment procedures for treating obesity. It is generally the last option for patients who have failed to lose weight by several other means. During this procedure, the stomach size is reduced by removing some parts of the stomach or using a gastric band.

The bariatric surgery market is segmented by device and geography. By device, the market is segmented as assisting devices, implantable devices, and other devices. Assisting devices are sub-segmented into suturing devices, closure devices, stapling devices, trocars, and other assisting devices. Implantable devices are sub-segmented into gastric bands, electrical stimulation devices, gastric balloons, and gastric emptying. By geography, the market is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa, and South America.

The report also covers the market sizes and forecasts for the bariatric surgery market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).