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Bariatric Surgery Devices Market Size, Share, Growth Baker Mayfield Womens Jersey , Trends, Analysis and Forecast 2018 to 2026
by johnsonpaul · November 12, 2019
According to the latest report published by Credence Research, Inc.聽鈥淏ariatric Surgery Devices Market聽By Type (Adjustable Gastric Bands, Intragastric Balloons, Implantable Gastric Stimulators, Gastric Surgery Clamps Authentic Baker Mayfield Jersey , Clip Appliers, Sutures, Surgical Staples And Trocars, Others ) – Growth, Future Prospects and Competitive Analysis, 2018-2026,鈥澛爐he聽global bariatric surgery devices market was valued at US$ 2 Baker Mayfield Jersey ,006.0 Mn in 2017, and expected to reach US$ 3,163.5 Mn by 2026, expanding at a CAGR of 5.1% from 2018 to 2026.
Market Insights
Global bariatric surgery market was valued at US$ 2,006.0 Mn in 2017 and expected to reach US$ 3,163.5 Mn in 2026 at a CAGR of 5.1% during the forecast period. High prevalence of obesity and increased number of overweight population in developed as well as developing countries, and escalating burden on healthcare expenditure and infrastructure have increased the demand for bariatric surgery procedures. According to the Center for Disease Control and Prevention (CDC), more than one-third (36.5%) of the United States adults have obesity in 2014 corresponding to more than 72 million people. Furthermore, the prevalence of obesity was higher among women (38.3%) than men (34.3%) in 2014. Additionally, in 2008, the medical cost of obesity was estimated to $ 149 billion annually in the United States. Furthermore, CDC has projected that obesity rate will reach 42% by 2030 with an added $550 billion in medical expenses.
Browse Full Report Originally Published by Credence Research at聽
In several countries, the government is structuring strategic initiatives to reduce the cases of obesity. For instance, the British Government had introduced 鈥楬ealthy Weight#7# Healthy Lives鈥?strategy to reverse the rising tide of obesity and overweight in the population primarily focusing on the children. Coupled with such initiatives, the governments of developed nations are also funding some of the prominent institutions to develop interventions for obesity treatment.