US Bariatric Surgery Market to Reach $1.09 Billion by 2029 Amidst Rising Obesity and Health Initiatives
Dublin, March 26, 2024 (GLOBE NEWSWIRE) -- The "United States Bariatric Surgery - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019-2029" report has been added to * ResearchAndMarkets.com's* offering.
The landscape of healthcare in the United States continues to evolve, with bariatric surgery at the forefront, particularly given the alarming increase in obesity rates nationally. This report explores the pivotal trends and growth forecasts of the bariatric surgery market within the nation. Detailed statistical analysis and market share insights highlight the burgeoning demand for these life-altering procedures.
The burden of obesity and related health conditions like type 2 diabetes and heart diseases has notably spurred the growth of the bariatric surgery market. The availability of cutting-edge surgical devices and the endorsement of government initiatives to address obesity are significant contributors to the expected market growth. With a *Compound Annual Growth Rate (CAGR) of 5.19% from 2024 to 2029*, the market is anticipated to make impressive strides in both improving patient outcomes and contributing to the healthcare economy.
*Closure Device Segment to Witness Remarkable Growth*
In the realm of assisting devices for bariatric surgery, closure devices hold a crucial position due to their integral role in minimally invasive procedures. The advancements in closure technologies, underscored by the recent FDA clearance of novel devices like Titan SGS by Standard Bariatrics, are driving the high growth trajectory of this segment.
*Market Consolidation and Competitive Dynamics*
Despite the presence of major corporations within this sector, such as Medtronic PLC and Johnson & Johnson's Ethicon Inc., the market demonstrates moderate consolidation. With an established and competitive landscape, innovation continues to be a driving force in the market's expansion. There is a strong indication that the advent of emerging players will introduce new dynamics in the approaching years, fostering a more diverse and robust marketplace.
*Providing a Glimpse into the Comprehensive Study*
· Compelling market size estimations and growth projections
· In-depth analysis of obesity trends influencing bariatric surgery demand
· Identification of the high-growth segments within the bariatric market
· Comprehensive competitive analysis with key player positioning
*A selection of companies mentioned in this report includes:*
· Medtronic PLC
· Johnson and Johnson (Ethicon Inc.)
· Apollo Endosurgery Inc.
· Aspire Bariatrics Inc.
· Intuitive Surgical Inc.
· B. Braun Melsungen AG
· Olympus Corporation
· The Cooper Companies
· Conmed Corporation
For more information about this report visit https://www.researchandmarkets.com/r/7587m4
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