Bariatric Surgeries Market to Become a $6.79 Billion by 2033

Obesity levels are at an all-time high in many countries across the world, leading to an increased demand for medical treatments, such as bariatric surgeries for weight-loss.

Bariatric Surgeries According to the latest market research conducted by The Brainy Insights, the global bariatric surgeries market is set to reach USD 6.79 billion by 2033, thanks to the growing awareness about the health implications of obesity. The market was valued at USD 2.5 billion in 2023 and growing at a CAGR of 10.5%. As per Avinash D, Chief Research Analyst at Brainy Insights Pvt. Ltd., "The surge in obesity rates is a primary driver of the expanding market share of bariatric surgeries. Technological and surgical advancements have greatly improved the effectiveness, safety, and accessibility of weight loss procedures. Market leaders are launching innovative devices, foreseeing market growth." The market for bariatric surgeries can be divided into four main categories – gastric bypass, gastric banding, sleeve gastrectomy, and biliopancreatic diversion. Of these, gastric bypass accounts for the majority of the market share and is expected to maintain its dominance in the upcoming years owing to its long-term benefits. This surgery is performed in cases where the patient is severely obese and requires a drastic change in the patient's diet. Additionally, a growing number of obese people and an aging population across the globe is fueling the demand for bariatric surgeries as a solution for health issues related to obesity. Moreover, rising awareness about cardiovascular diseases and diabetes coupled with increasing health care expenditure globally is also expected to boost the growth of the market in the near future.

The global bariatric surgeries market is expected to reach USD 6.79 billion by 2033, owing to the growing awareness about the health implications of obesity and the surging demand for weight loss procedures, thanks to technological developments and an increasing number of obese people globally.

The Brainy Insights is actively engaged in seeking out the latest trends and technological advances in the bariatric surgeries market and researching its implications.