Gastric Bands Market Analysis, Size, Share, Trends, and Forecast by 2031

The Gastric Bands Market is expected to register a CAGR of 4.2% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX million by 2031.

The report is segmented by Gastric Bands Market By Type (Adjustable Gastric Bands and Non-Adjustable Gastric Bands); End User (Hospitals , Ambulatory Surgical Centers, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Gastric Bands Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

• Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
• Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
• Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Gastric Bands Market Segmentation

Type

• Adjustable Gastric Bands and Non-Adjustable Gastric Bands

End User

• Hospitals
• Ambulatory Surgical Centers

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Gastric Bands Market Growth Drivers

• Rising Incidence of Surgeries: The number of LAGB operations has declined sharply since 2009, when it peaked. LAGB was a relatively uncommon weight loss surgery option in the United States in 2017-just 3% of all bariatric procedures carried out there were LAGBs, a sharp decline from prior years. Long-term issues like weight increase, band slippage, and other negative impacts are to blame for this decrease.
  
• Rising demand of Sleeve Gastrectomy: The number of bariatric procedures with sleeve gastrectomy (SG) has increased dramatically, rising from 19.8% in 2011 to 74.3% in 2017. On the other hand, there were decreases in gastric bypass and adjustable gastric banding, which went from 40.8% to 22.3% and 39.4% to 3.5%, respectively. This pattern is indicative of a larger shift in patient preferences toward operations that provide longer-lasting weight loss results that are more reliable.
  
• Advancement in Surgical techniques: Improvements in patient education and surgical technique seem to be reviving interest in gastric bands as a treatment option for some patients. This would, however, probably rely on how the long-term efficacy and safety issues related to AGB are resolved.

Gastric Bands Market Future Trends

• Design Improvements: Current adjustable gastric bands have an inflatable balloon attached to a soft silicone ring. Examples of these bands are the Lap-Band and Realize Band. This design enables healthcare providers to monitor the restriction level based on specific patient demands by allowing real-time adjustments to the band's tightness through a port positioned under the skin.
  
• Minimal Invasive Technique: Gastric banding has been transformed by laparoscopic procedures, which enable doctors to insert bands through tiny incisions, resulting in shorter recovery times and fewer complications than with open surgery. Such a factor has aided the overall market growth in recent past and is expected to continue a similar trend during the forecast period.
  
• Pars Flaccida Technique: By minimizing dissection close to the stomach, this novel approach lowers the possibility of problems such band slippage and pouch dilatation. It places the band higher on the stomach, which has been demonstrated to enhance results and lower the need for repeat procedures.

Gastric Bands Market Opportunities

• Banded Procedures: The banded sleeve gastrectomy and banded gastric bypass are examples of recent advancements. Compared to traditional approaches, these operations may result in improved long-term weight control since they use a band to prevent pouch dilation. The band functions as a restricting device while keeping normal gastrointestinal function, therefore promoting satiety without major rerouting of the intestines
  
• Patient Education: Improvements in teaching materials have helped patients better comprehend the operation of gastric bands, which is essential for getting the best results. Patients are being assisted in managing their expectations and adherence following surgery through the implementation of enhanced pre-operative counseling and support systems.
  
• Remote Monitoring: The progress of weight loss and eating habits of patients may be remotely monitored thanks to emerging technologies. This can enhance patient adherence to post-operative instructions and facilitate prompt gastric band adjustments.Such a factor has assisted the overall market growth in the recent past and is anticipated to continue a similar trend during the forecast period.

Gastric Bands Market Regional Insights

The regional trends and factors influencing the Gastric Bands Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Gastric Bands Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Gastric Bands Market Report Scope

Gastric Bands Market Players Density: Understanding Its Impact on Business Dynamics

The Gastric Bands Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Gastric Bands Market are:

1. Cousin Biotech
2. Helioscopie
3. Ethicon USA, LLC
4. Apollo Endosurgery Inc.
5. Medtronic

Disclaimer: The companies listed above are not ranked in any particular order.

Key Selling Points

• Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Gastric Bands Market, providing a holistic landscape.
• Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
• Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
• Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Gastric Bands Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.