The Europe Bariatric Surgery Market Report is a meticulous investigation of current scenario of the market, which covers several market dynamics. The Europe Bariatric Surgery Market Report also provides an analytical assessment of the prime challenges faced by Europe Bariatric Surgery Market currently and in the coming years, which helps Market participants in understanding the problems they may face while operating in this Europe Bariatric Surgery Market over a longer period of time.
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Europe Bariatric Surgery Market report studies the world market size of Europe Bariatric Surgery in key regions like North America, Europe, Asia Pacific, Central & South America and Mideast & Africa, focuses on the consumption of Europe Bariatric Surgery in these regions. The various contributors concerned within the price chain of Europe Bariatric Surgery embrace makers, suppliers, distributors, intermediaries, and customers.
The European bariatric surgery market is expected to record a CAGR of about 15% over the forecast period. Certain factors that are responsible for the growth of this market are the increase in obese population, prevalence of diabetes and heart diseases, government initiatives to curb obesity, and insurance coverage of the surgeries.
In Europe, there is a rapid growth in the obese population, which is leading to high demand for obesity treatments. The number of bariatric surgeries in Europe is growing constantly, and this has generated the demand for the devices used for bariatric surgery. In the United Kingdom, EASO (European Association for the Study of Obesity) targets to promote the expansion of high-quality centers for obesity surgery, including educating and training future surgeons. According to the National Institute of Health, the United Kingdom has the highest levels of obesity and overweight people than anywhere else in Western Europe, except for Iceland and Malta.
As per the WHO report, in the United Kingdom, 67% of men and 57% of women are either overweight or obese. Ireland is predicted to be the frontrunner, with almost all adults of the country expected to be overweight within the next 15 years. World Health Organization (WHO) estimates that 89% of Irish men and 85% of women will be overweight by 2030. WHO also suggests that countries that do not have noted obesity levels, like Sweden and Austria, will also see a sharp rise in the coming future. The sharp rise in the number of obese population in Europe is expected to be influential in propelling the growth of the European bariatric surgery market. This, along with government initiatives to curb obesity, is anticipated to lead to the growth of the European bariatric surgery market.
Scope of the Report
Bariatric surgery is a medical procedure that aids weight loss by either limiting the capacity of the stomach or the absorption of calories. This is the most effective weight-loss therapy available for patients with morbid obesity. Bariatric surgery prevents obesity-related diseases, like diabetes, hypertension, cardiac dysfunction, fatty liver disease, and many others.
Key Market Trends
Implantable Devices Segment, by Device, is Expected to Witness the Highest CAGR in the Market
The implantable devices segment of the European bariatric surgery market is expected to experience the highest growth rate. This is primarily attributed to the rising demand for these devices in the European region.
As per the report of the European Association for the Study of Obesity, it is indicated that there is a growing demand for bariatric surgery in the region. For weight loss, a number of people are turning toward bariatric surgery owing to the faster results. As the number of people going for bariatric surgery is increasing, there is a rising demand for implantable devices, which is contributing to the faster growth of this segment.
The United Kingdom to Witness Sharp Rise in Bariatric Surgeries
The prevalence of obesity is growing steadily due to an increase in the incidence rate of Type-2 diabetes and heart diseases in the United Kingdom. As per the report of National Health Services (NHS), approximately 6,000 procedures are performed in the United Kingdom every year. In the United Kingdom, more than a quarter of children – 26% of boys and 29% of girls- are overweight. The growth of UK bariatric surgery market can be attributed to an increasingly obese population. This growth in the region is expected to increase further with a steep rise in the obese population. The most popular types of bariatric surgeries include gastric banding, gastric bypass, and sleeve gastrectomy.
The European bariatric surgery market is moderately competitive with the presence of major players, such as Apollo Endosurgery Inc., Olympus Corporation, EnteroMedics Inc., Johnson and Johnson (Ethicon), and Medtronic PLC. The market is also inclusive of the smaller players that hold a substantial market share. With the growing medical device market, it is expected that a few more new players will be penetrating the market in the coming future.
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Europe Bariatric Surgery Market Analyse according to leading players, Competitive landscape, geographical regions, top manufacturers, types, and applications forecast over a period of 2019 to 2024. Geographically, this report is divided into many key Regions, with production, consumption, revenue (million USD), market share and rate of Europe Bariatric Surgery Market 2019 in these regions, from 2018 to 2024 (forecast), covering: North America, China, Europe, Japan, Southeast Asia, India.
The Objectives of this report are:
- To define, describe, and analyze the Europe Bariatric Surgery market on the basis of product type, application, and region
- To forecast and analyze the size of the Europe Bariatric Surgery market (in terms of value) in six key regions, namely, Asia Pacific, Western Europe, Central & Eastern Europe, North America, the Middle East & Africa, and South America
- To forecast and analyze the Europe Bariatric Surgery market at country-level in each region
- To strategically analyze each submarket with respect to individual growth trends and its contribution to the Europe Bariatric Surgery market
- To analyze opportunities in the Europe Bariatric Surgery market for stakeholders by identifying high-growth segments of the market
Key Questions Answered in Europe Bariatric Surgery market report:
- What will the market size be in 2024 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Europe Bariatric Surgery Market Report Provides Comprehensive Analysis as Following:
Market segments and sub-segments
Market size & shares
Market trends and dynamics
Market Drivers and Opportunities
Market Analysis and Segmentation
Supply and demand
Technological inventions in Europe Bariatric Surgery trade
Marketing Channel Development Trend
Europe Bariatric Surgery Market Positioning
Distributors/Traders List enclosed in Positioning Europe Bariatric Surgery Market
Europe Bariatric Surgery Market report provides you a visible, one-stop breakdown of the leading product, submarkets and market leader’s revenue forecasts till 2024. In conclusion, Europe Bariatric Surgery Market 2019 report presents the descriptive analysis of the Europe Bariatric Surgery Market Major Key-players, Types, Application and Forecast Period knowledge which is able to function a profitable guide for all the Europe Bariatric Surgery Market competitors.
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