Obesity Surgery Devices Market Overview:
Obesity increases the risk of heart disease, certain types of cancer, diabetes and osteoarthritis. Obesity has become one of the main health problems in the world. It is caused mainly by an increase in fatigue, a reduction in physical exercise and, sometimes, a genetic inheritance. Physical exercise and diet management are the main components of the treatment of obesity, while anti-obesity drugs are also available for fat reduction. However, in some cases, control of diet, exercise and medications are not effective in reducing weight.
Obesity Surgery Devices Market d is projected to reach USD XX Billion by 2025, at a CAGR of XX% during the forecast period. Base year considered for the report is 2017 and the forecast period is 2018–2025.
Growth Drivers and Challenges of Obesity Surgery Devices Market:
The market for surgical devices for obesity is dictated by changes in lifestyles, busy work schedules, decreased physical activity and increased use of fast food. It is estimated that 200 million adults are classified as obese or overweight, resulting in 112,000 deaths annually. This presents a great need for less invasive weight loss treatments. The dominance of North America is occurring due to an increase in the number of patients and a greater public awareness. However, the high procedural costs should slow down the growth of the market. On the contrary, the growing demand for less invasive procedures and treatments for obesity has significantly boosted market growth. Similarly, the increase in disposable income in developing countries is also an important factor in the growth of the market.
Geographic Analysis of Obesity Surgery Devices Market:
Geographically, North America dominates markets, followed by Europe and Asia. The dominance of North America is occurring due to an increase in the number of patients and a greater public awareness. However, the high procedural costs should slow down the growth of the market. On the contrary, the growing demand for less invasive procedures and treatments for obesity has significantly boosted market growth. Similarly, the increase in disposable income in developing countries is also an important factor in the growth of the market.
The Prominent Players Profiled in this Obesity Surgery Devices Market Report include:
Olympus
Allergan
- Covidien
- Cousin Biotech
- More 5 Players.
Key Segmentation Analysis of Obesity Surgery Devices Market:
Obesity Surgery Devices Market – By Product:
Obesity Surgery Devices Market – By End users/applications:
Obesity Surgery Devices Market - By Regions:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Summary:
Obesity has become one of the main health problems in the world. It is caused mainly by an increase in fatigue, a reduction in physical exercise and, sometimes, a genetic inheritance. The market for surgical devices for obesity is dictated by changes in lifestyles, busy work schedules, decreased physical activity and increased use of fast food. The dominance of North America is occurring due to an increase in the number of patients and a greater public awareness.
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