With obesity being the new-age epidemic, it’s not surprising to see that the global obesity surgery devices market is on an expansionary mode. The global obesity surgery devices market is expected to grow at a CAGR of 4.1% during the forecast period 2014-2020, thereby reaching a market value of US$2,489.5 million by 2020, states a recently released report by Persistence Market Research.
Obesity as a medical condition is primarily brought about by the excessive consumption of junk foods and a typical sedentary lifestyle owing to inactivity and stressful routines. Obesity today has become a major cause for concern all across the globe, since the lifelong effects of obesity result in lifestyle diseases such as cardiovascular disorders, diabetes, circulatory system issues, and many other related anomalies that can in many cases prove to be fatal. A lot of people nowadays are resorting to surgical methods for managing the problem of obesity.
What Obesity Surgeries do to the Human Body?
What an obesity surgery does is that it reduces the stomach’s size so that its capacity to hold food decreases. This naturally affects the patient’s intake of food, thereby resulting in drastic weight reduction. Obesity surgeries have proved to be beneficial in tackling conditions such as sleep apnea, diabetes, acidity, urinary incontinence, back aches, polycystic ovaries, and hypertension. The final result of obesity surgeries can be observed only after two or three years after the patient has lost almost 40% to 80% of his weight. This however, depends significantly on the type of procedure adopted for obesity surgery.
Devices Used While Performing Obesity Surgeries?
The global market for obesity surgery devices market is categorized on the basis of procedure, type of devices, and geography. The different types of procedures in the global obesity surgery devices market are adjustable gastric banding, sleeve gastrectomy, biliopancreatic diversion with Duodenal Switch, and Roux-en-Y gastric bypass. The various devices used for obesity surgeries are as follows:
Gastric Electrical Stimulators
Why should we attribute the problem of obesity only to junk food? Lack of awareness and cultural attitudes also lead to obesity. The global market for obesity surgery devices is mainly driven by changing lifestyles and growing incidence of obesity, which today has become a rampant epidemic. Since price plays a major role in people’s decisions while opting for obesity surgeries, medical tourism is a prominent trend being observed in the area of obesity surgery.
Obesity: A World Phenomenon
Geographically speaking, the global obesity surgery devices market is classified into Asia Pacific, North America, Europe, and Rest of the World. Owing to the presence of a huge obese population pool, the global obesity surgery devices market is dominated by North America. The junk food culture originated primarily from the western world. The procedure that is incorporated most extensively in North America is that of the Roux-en-Y gastric bypass, and the most widely used device while performing obesity surgeries is staples. The Asia Pacific obesity surgery devices market is anticipated to witness the highest rate of growth during the forecast period with sleeve gastrectomy occupying the largest market share under the procedures segment.