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Download Free sampleThe global Bariatric Surgery Devices market was valued at 1482.7 Million USD in 2021 and will grow with a CAGR of 3.22% from 2021 to 2027, based on Research newly published report.
The prime objective of Bariatric Surgery Devices Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Bariatric Surgery Devices Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Undertaking a bariatric surgery has become relatively necessary for the majority of the global population, especially the obese and the overweight demographic. The fact that obesity is one of the most prevalent and endangering health disorders has increased the awareness about bariatric surgery and devices. The demand for bariatric surgery devices has registered a considerable surge by the virtue of growing preference for less-invasive bariatric surgeries. Additionally, the rising expenditure on weight loss procedures has promoted the sales of bariatric surgery devices at the individual level. Regional government initiatives are also influencing the growth of the global market for bariatric surgery devices.The North America bariatric surgery devices market was the largest in 2017, owing to high obesity rates along with huge government supported funding and research activities undertaken by the industry players to evaluate the efficiency of their surgeries to treat obesity. For instance, bariatric surgeries, which were insured by Medicare only for population having BMI 40 and above was revised and decreased to 30 and above. This change benefited large population who were obese and could not afford the huge surgery, surgeons, and hospital costs.
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