Sleeve Gastrectomy Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Sleeve gastrectomy is also called Vertical Sleeve gastrectomy, a weight loss technique that removes some part of the stomach. This technique is performed laparoscopically, which involves inserting a small instrument through several small incisions in the upper abdomen. About 80% of the stomach is removed during a sleeve gastrectomy, leaving the stomach in the size and shape of a banana. Like other metabolic surgeries, sleeve gastrectomy also reduces weight as well as improves blood pressure. With the increase in the prevalence of several diseases related to obesity and awareness about obesity treatment, and advancement in Minimally Invasive (MI) techniques, the Sleeve gastrectomy device market is growing. In addition, the market is projected to expand due to an increase in demand for laparoscopic surgery.

MARKET DYNAMICS

Factors driving the growth of the sleeve gastrectomy device market are high demand for minimally invasive (MI) bariatric surgeries due to a rise in obesity and metabolic disorders such as Type-2 Diabetes and increase in obesity rate. However, lack of reimbursement and complexities related to surgical procedures is likely to hamper the market's growth. Moreover, better clinical effectiveness is further likely to create growth opportunities in the market.

MARKET SCOPE

The "Sleeve Gastrectomy Device Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Sleeve gastrectomy device market with detailed market segmentation by type of device, and end use. The Sleeve gastrectomy device market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in sleeve gastrectomy device market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The sleeve gastrectomy device market is segmented on the basis of type of device, and end use. On the basis of type of device, the market is categorized as assisting, and implantable. Assisting device is again categorized as suturing device, closuring devices, stapling devices, and others. Implantable device is again categorized as gastric bands, gastric balloons. On the basis of end use, the market is categorized as hospitals and specialty clinics, obesity centers, others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Sleeve gastrectomy device market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Sleeve gastrectomy device market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Sleeve gastrectomy device market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Sleeve gastrectomy device market in these regions.

MARKET PLAYERS

The report covers key developments in the Sleeve gastrectomy device market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Sleeve gastrectomy device market are anticipated to have lucrative growth opportunities in the future with the rising demand for Sleeve gastrectomy device in the global market. Below mentioned is the list of few companies engaged in the Sleeve gastrectomy device market.

The report also includes the profiles of key players in Sleeve gastrectomy device market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

•   Intutive Surgical Inc.
  
•   Apollo Endosurgery Inc.
  
•   TransEntrerix Inc.
  
•   Cousin Biotech
  
•   EnteroMedics Inc.
  
•   Medtronics Plc.
  
•   Agency for Medical Innovations
  
•   Aspire Bariatrics Inc.
  
•   Mediflex Surgical Products
  
•   Ethicon Inc.
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Sleeve Gastrectomy Devices Report Scope