At 15.7% CAGR, the North America Bariatric Surgeries Market is Projected to be Worth US$ 15,287.79 Million by 2030, Says Business Market Insights

According to Business Market Insights' research, the North America bariatric surgeries market was valued at US$ 4,775.65 in 2022 and is expected to reach US$ 15,287.79 million by 2030, registering a CAGR of 15.7% from 2022 to 2030. Increasing prevalence of obesity and technological advancements are among the critical factors attributed to the North America bariatric surgeries market expansion.

Bariatric surgery devices include specialized laparoscopic instruments, endoscopes, and robotic surgical systems, which allow surgeons to perform complicated procedures with greater precision and control. Advancements in robotic surgery have created new opportunities for individuals seeking weight loss solutions while also providing various benefits to surgeons. Robotic bariatric surgery has become a popular option for people with obesity and weight-related health issues. In the field of bariatric surgery, robotic technology has led to significant advances in patient outcomes and overall surgical experiences. With the launch of the DaVinci robot by intuitive surgical, weight loss surgery has been transformed, providing patients with minimally invasive options for attaining their weight loss goals. It allows surgeons to perform bariatric surgery with high accuracy and control. The system consists of a console for surgeon and controls the robotic arms holding instruments. The system provides a 3D view of the surgical site and allows for precise movements, reducing the risk of complications. Similarly, the use of advanced endoscopic suturing systems allows surgeons to perform procedures through the mouth or anus without making any external incisions. This technique is particularly beneficial for patients who have gone through surgeries previously or have any medical issues. Therefore, the introduction of technologically advanced devices and systems is expected to promote the growth of the bariatric surgery devices market.

On the contrary, strategic initiatives by market players hamper the growth North America bariatric surgeries market .

Based on type, the North America bariatric surgeries market is segmented adjustable gastric bands (AGB), sleeve gastrectomy, gastric bypass, biliopancreatic diversion with duodenal switch (BPD- DS), and others. The sleeve gastrectomy market segment held 68.0% share of the North America bariatric surgeries market in 2022, amassing US$ 3,245.06 million. It is projected to garner US$ 10,663.42 million by 2030 to expand at 16.0% CAGR during 2022-2030.

By end user, the North America bariatric surgeries market is bifurcated into hospitals and ambulatory surgical centers. The hospital segment held 68.8% share of North America bariatric surgeries market in 2022, amassing US$ 3,285.23 million. It is projected to garner US$ 10,294.91 million by 2030 to expand at 15.3% CAGR during 2022-2030.

Based on country, the North America bariatric surgeries market is categorized into the US, Canada, and Mexico. The US held 80.1% share of North America bariatric surgeries market in 2022, amassing US$ 3,818.73 million. It is projected to garner US$ 12,375.30 million by 2030 to expand at 15.8% CAGR during 2022-2030.

Key players operating in the North America bariatric surgeries market are Apollo Endosurgery Inc, Conmed Corp, Ethicon USA LLC, Integra LifeSciences Holdings Corp, Intuitive Surgical Inc, Medtronic Plc, Olympus Corp, Reshape Lifesciences Inc, and Spatz FGIA Inc, among others.

- In February 2020, Medtronic plc acquired Digital Surgery, a privately held pioneer in surgical artificial intelligence (AI), data and analytics, and digital education and training. The acquisition of Digital Surgery will strengthen the Medtronic robotic assisted surgery platform and will expand Medtronic's product portfolio.

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