Ultra Market Research | United Kingdom Bariatric Surgery Devices Market
United Kingdom Bariatric Surgery Devices Market
Report ID : 939
Category : Medical-Devices,United-Kingdom(UK)
No Of Pages : 130
Published on: January 2025
Status: Published
Format :
Key Question Answer
Global Market Outlook
In-depth analysis of global and regional trends
Analyze and identify the major players in the market, their market share, key developments, etc.
To understand the capability of the major players based on products offered, financials, and strategies.
Identify disrupting products, companies, and trends.
To identify opportunities in the market.
Analyze the regional penetration of players, products, and services in the market.
Comparison of major players financial performance.
Evaluate strategies adopted by major players.
Recommendations
United Kingdom Bariatric Surgery Devices Market Introduction The United Kingdom Bariatric Surgery Devices Market is one of the key segments of the healthcare industry that focuses on the devices used in the management of obesity through surgical interventions. Bariatric surgery has emerged as an effective treatment for morbid obesity, which leads to a reduction in comorbidities like diabetes, hypertension, and cardiovascular diseases. Devices such as gastric bands, gastric balloons, and stapling systems play a crucial role in facilitating these procedures. According to the recent trends, there is an increasing demand for minimally invasive surgical techniques along with advancements in device technology to improvise the outcome in patients. The United Kingdom bariatric surgery devices market was valued at approximately $250 million in 2023 with steep growth prospect due to the increased obesity prevalence and heightened awareness of surgical treatment options.
Segmentation Device Type: • Minimally Invasive Devices o Gastric Bands Adjustable Gastric Bands Fixed Gastric Bands Others o Gastric Balloons Fluid-Filled Balloons Air-Filled Balloons o Endoscopic Suturing Devices Automated Suturing Systems Manual Suturing Systems o Others
• Stapling Devices o Circular Staplers o Linear Staplers Powered Staplers Manual Staplers o Others
• Energy-Based Devices o Ultrasonic Devices o Radiofrequency Ablation Devices o Others
Procedure Type: • Gastric Bypass Surgery o Roux-en-Y Gastric Bypass o Mini Gastric Bypass Open Surgery Laparoscopic Surgery o Others
• Sleeve Gastrectomy o Open Procedure o Laparoscopic Procedure
• Adjustable Gastric Banding o Conventional Techniques o Advanced Techniques
• Biliopancreatic Diversion with Duodenal Switch o Open Surgery o Laparoscopic Surgery
• Revisional Bariatric Surgery o Stoma Reduction Techniques o Band-to-Bypass Conversion • Others
End-User: • Hospitals o Public Hospitals o Private Hospitals o Others
• Specialty Clinics o Bariatric Surgery Centers o Multi-specialty Clinics o Others
• Ambulatory Surgical Centers o Standalone Centers o Network Centers o Others
List of Market Players 1. Medtronic (USA) 2. Johnson & Johnson (USA) 3. Olympus Corporation (Japan) 4. ConMed Corporation (USA) 5. B. Braun Melsungen AG (Germany) 6. Stryker Corporation (USA) 7. Intuitive Surgical (USA) 8. Apollo Endosurgery (USA) 9. ReShape Lifesciences Inc. (USA) 10. Aspire Bariatrics (USA) 11. Cousin Biotech (France) 12. Ethicon Inc. (USA) 13. Spatz FGIA Inc. (USA) 14. Allergan (USA) 15. EndoGastric Solutions (USA)
Drivers The United Kingdom Bariatric Surgery Devices Market is driven by an alarming rise in obesity rates, with nearly 28% of adults classified as obese in the UK. Increasing awareness of obesity's severe health implications, coupled with the growing acceptance of surgical treatments, propels the market. Government initiatives and programs aimed at combating obesity further bolster this growth. Advances in technology such as minimally invasive and robotic-assisted bariatric devices help in improving the efficiency of the procedure and less recovery time attract patients and surgeons. The AI and imaging technology integration for high precision in surgeries also helps the market grow.
Restraints Though this market has its potential, several challenges are witnessed in the UK Bariatric Surgery Devices Market. For instance, high costs that characterize bariatric procedures and devices limit many patients from accessing this care, most especially those lacking good insurance covers. The likelihood of complications as well as secondary post-surgical complications such as infections and deficiencies can also ward off potential patients. Regulatory bottlenecks in new device approval slow down the rate of market innovation. The lack of skilled professionals in minimally invasive surgical techniques is another area that hampers market growth.
Opportunity The United Kingdom Bariatric Surgery Devices Market offers significant growth opportunities, mainly in the development of innovative and cost-effective solutions. The increase in outpatient and day-care bariatric procedures opens new avenues for ambulatory surgical centers. Collaborations between device manufacturers and healthcare providers can further foster training programs to address a shortage of skilled professionals. The company would further increase obesity surgery coverage along with the expansion of telemedicine in preoperative and postoperative care to access patients. Developments of more biodegradable, patient-specific products for better application and care by investing into R&D create enormous market prospects for market players.
Trend Adopting the robotic-assisted surgery offer the British market of Bariatric Surgery Devices is one noteworthy trend - even though only with enhanced precision and minimal recovery time, AI-based tools in the hands of the surgeons for preparatory pre-operative planning and intra-operative navigation have come to increase and better the outcomes and reduce complications. The shift toward a personalized medicine approach has led to the creation of personalized bariatric devices tailored to individual patient needs. Other important points include an increased demand for less invasive interventions in the bariatric sphere of endoluminal procedures like the endoscopic sleeve gastroplasty. Remote monitoring and follow-up care have become possible with digital health platforms integrated into this innovative market trend.
Approved Products Pipeline/Reg/Pre-Reg Products • Lap-Band Adjustable Gastric Banding System • Orbera Intragastric Balloon • Spatz3 Adjustable Balloon System • OverStitch Endoscopic Suturing System • EndoFLIP System • X-Tack Endoscopic HeliX System • InSpace Balloon • Apollo ESG (Endoscopic Sleeve Gastroplasty) • Allurion Balloon • Obalon Balloon System • Medtronic’s Signia Stapling System • ReShape Balloon • Ethicon’s ECHELON Staplers • BariClip Non-Invasive Gastric Band • TransPyloric Shuttle (TPS)
The market was valued at approximately $250 million in 2023 and is projected to grow steadily.
Rising obesity rates, technological advancements, and increasing awareness about surgical treatments.
Companies like Medtronic, Johnson & Johnson, and Olympus Corporation are among the major players.
High costs, regulatory hurdles, and a shortage of skilled professionals.
Adoption of robotic-assisted surgery, AI-based tools, and endoluminal bariatric procedures.
1. Introduction 1.1 Report Description 1.2 Research Methodology • 1.2.1 Data Mining • 1.2.2 Market Modeling and Forecasting • 1.2.3 Data Validation • 1.2.4 Industry Analysis
2. Market Dashboard
3. Market Overview 3.1 Market Definition and Scope 3.2 Market Segmentation • 3.2.1 By Device Type o Gastric Bands o Gastric Balloons o Gastric Electrical Stimulation Devices o Others • 3.2.2 By Procedure o Restrictive Surgery o Malabsorptive Surgery o Combination Procedures • 3.2.3 By End User o Hospitals o Ambulatory Surgical Centers o Specialized Clinics • 3.2.4 By Application o Sleeve Gastrectomy o Gastric Bypass o Adjustable Gastric Banding o Others 3.3 Market Dynamics • 3.3.1 Drivers • 3.3.2 Restraints • 3.3.3 Opportunities • 3.3.4 Challenges
4. United Kingdom Bariatric Surgery Devices Market by Device Type 4.1 Introduction 4.2 Market Size and Growth Rate by Device Type (2024-2030) • 4.2.1 Gastric Bands • 4.2.2 Gastric Balloons • 4.2.3 Gastric Electrical Stimulation Devices • 4.2.4 Others
5. United Kingdom Bariatric Surgery Devices Market by Procedure 5.1 Introduction 5.2 Market Size and Growth Rate by Procedure (2024-2030) • 5.2.1 Restrictive Surgery • 5.2.2 Malabsorptive Surgery • 5.2.3 Combination Procedures
6. United Kingdom Bariatric Surgery Devices Market by End User 6.1 Introduction 6.2 Market Size and Growth Rate by End User (2024-2030) • 6.2.1 Hospitals • 6.2.2 Ambulatory Surgical Centers • 6.2.3 Specialized Clinics
7. United Kingdom Bariatric Surgery Devices Market by Application 7.1 Introduction 7.2 Market Size and Growth Rate by Application (2024-2030) • 7.2.1 Sleeve Gastrectomy • 7.2.2 Gastric Bypass • 7.2.3 Adjustable Gastric Banding • 7.2.4 Others
8. Competitive Landscape 8.1 Company Profiles • 8.1.1 Medtronic PLC (United States) o Business Overview o Product Portfolio o Strategic Developments o Financial Overview • 8.1.2 Johnson & Johnson (United States) • 8.1.3 Apollo Endosurgery, Inc. (United States) • 8.1.4 ReShape Lifesciences Inc. (United States) • 8.1.5 Spatz FGIA Inc. (United States) • 8.1.6 GI Dynamics (United States) • 8.1.7 Allergan (Ireland) • 8.1.8 Cousin Biotech (France) • 8.1.9 Obalon Therapeutics (United States)
9. Conclusion and Recommendations
10. Appendix 10.1 List of Tables • Table United Kingdom Bariatric Surgery Devices Market Size by Device Type (2024-2030) • Table Market Size by Procedure (2024-2030) • Table Market Size by End User (2024-2030) • Table Market Size by Application (2024-2030) 10.2 List of Figures • Figure United Kingdom Bariatric Surgery Devices Market Size and Growth Rate by Device Type (2024-2030) • Figure Market Growth Rate by Procedure (2024-2030) • Figure Market Growth Rate by End User (2024-2030) • Figure Market Growth Rate by Application (2024-2030)
Research Methodology
The process of market research at Ultra Market Research is an iterative in application and usually follows following path. Information from secondary used to build data models, then results from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new Information is again incorporated into data model. The process continues till desired level of Information is not generated
To calculate the market size, the report considers the revenue generated from the sales of Ultra Market Research providers. The revenue generated from the sales of Ultra Market Research has been calculated through primary and secondary research. The report also presents the key players operating in the Ultra Market Research market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes distribution channel segmentation determined using secondary sources and verified through primary sources.
Secondary Research
The secondary research source that are typically referred to include, but are not limited to:
Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
Internal and external proprietary databases, relevant patent and regulatory databases
National government documents, statistical databases and market reports
News articles, press releases and web-casts specific to the companies operating in the market
The source for secondary research includes but is not limited to: Factiva, Hoovers and Statista
Inner Circle Represents – Stage of Research Process
Middle Circle Represents – Source of Information
Outer Circle Represents – Information Derived from that source
Primary Research We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:
It provides first-hand Information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
Helps in validating and strengthening the secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies
The participants who typically take part in such a process include, but are not limited to:
Industry participants: CEOs, VPs, marketing/ distribution channel managers, market intelligence managers and national sales managers
Purchasing managers, technical personnel, distributors and resellers
Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry distribution channels
Models Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data distribution channels to produce estimates:
Demographic data: Population split by segment
Macro-economic indicators: GDP, etc.
Industry indicators: Expenditure, distribution channel stage & infrastructure, sector growth and facilities.
Data is then cross checked by the expert panel.
2..1 Company Share Analysis Model
Company share analysis is used to derive the size of Global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps: 2..2 Revenue Based Modeling
Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.
2.1 Research Limitations Inflation is not a part of pricing in this report. Prices of United Kingdom Bariatric Surgery Devices Market and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each distribution channel has been taken into account while estimating and forecasting market revenue Globally. Regional average price has been considered while breaking down this market by application in each region. This report provides market size of United Kingdom Bariatric Surgery Devices Market for the past year and forecasts for the next six years. United Kingdom Bariatric Surgery Devices Market size is given in terms of revenue. Market revenue is defined in USD Million. Market numbers are given on the basis of different United Kingdom Bariatric Surgery Devices Market categories. Market size and forecasts for each major application is provided in the context of Global market. The numbers provided in this report are derived on the basis of demand for United Kingdom Bariatric Surgery Devices Market from different application industries in different regions.
Segmentation Device Type: • Minimally Invasive Devices o Gastric Bands Adjustable Gastric Bands Fixed Gastric Bands Others o Gastric Balloons Fluid-Filled Balloons Air-Filled Balloons o Endoscopic Suturing Devices Automated Suturing Systems Manual Suturing Systems o Others
• Stapling Devices o Circular Staplers o Linear Staplers Powered Staplers Manual Staplers o Others
• Energy-Based Devices o Ultrasonic Devices o Radiofrequency Ablation Devices o Others
Procedure Type: • Gastric Bypass Surgery o Roux-en-Y Gastric Bypass o Mini Gastric Bypass Open Surgery Laparoscopic Surgery o Others
• Sleeve Gastrectomy o Open Procedure o Laparoscopic Procedure
• Adjustable Gastric Banding o Conventional Techniques o Advanced Techniques
• Biliopancreatic Diversion with Duodenal Switch o Open Surgery o Laparoscopic Surgery
• Revisional Bariatric Surgery o Stoma Reduction Techniques o Band-to-Bypass Conversion • Others
End-User: • Hospitals o Public Hospitals o Private Hospitals o Others
• Specialty Clinics o Bariatric Surgery Centers o Multi-specialty Clinics o Others
• Ambulatory Surgical Centers o Standalone Centers o Network Centers o Others