Bariatric Surgery Devices market to grow at a CAGR of 8.21 percent over the period 2013-2018.


Posted June 24, 2015 by Healthcare

Obesity is a medical condition wherein there is an excess accumulation of body fat. According to the World Health Organization (WHO), person having body mass index (BMI) of 30 or more is generally considered as obese. It has been characterized as an epide
 
Obesity is a medical condition wherein there is an excess accumulation of body fat. According to the World Health Organization (WHO), person having body mass index (BMI) of 30 or more is generally considered as obese. It has been characterized as an epidemic. Obesity in children and adults is associated with serious health risks that include hypertension, dyslipidemia, diabetes, fatty liver disease, obstructive sleep apnea, and psychosocial complications. Bariatric surgery is the treatment procedure used to treat obesity.

Table of contents and insights:
http://industryarc.com/Report/162/bariatric-devices-companies-market.html

Segmentation of the Market:
Based on the types of procedures performed
• Minimally invasive and
• Non-invasive

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Logical estimates:
Bariatric Surgery Devices market to grow at a CAGR of 8.21 percent over the period 2013-2018.
Drive cause for the market:
Increase in the incidence of obesity among the population worldwide, which has led to an increase in the demand for bariatric devices for the treatment of obesity and effective weight loss.

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Consider a living example to understand the scope of this market:
It is expected that the US market for surgical obesity devices will surpass US$300 million by 2016.
The report, “Analysis of the U.S. Obesity Surgery Devices Market”, states that the total revenue generated by sales of obesity surgery devices in the US in 2011 was approximately US$156.2 million, representing a 2.5% increase over 2010.
The report clams that the market will see dramatic growth and that revenue in the US obesity surgery devices market will grow at a compound annual growth rate of 15.7% from 2011 to 2016, reaching US$301.7 million in 2016.

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Categories Health
Tags bariatric devices market , bariatric devices market companies , bariatric devices market industry , bariatric devices market report , bariatric devices market size
Last Updated June 24, 2015