Healtcare Bariatric Surgery Devices Market | Page 2

2.Intra- gastric balloons
3.Implantable gastric stimulators
4.Gastric surgery clamps
5.Surgical staples
6.Others (Clip appliers, Endo stitch, Trocars)
On the basis surgery, the market can be segmented as:
1.Adjustable gastric bands (AGB)
2.Vertical sleeve gastrectomy (VSG)
3.Roux-en-Y Gastric Bypass (RYGB)
4.Biliopancreatic Diversion with duodenal switch (BPD- DS)
North America to contribute a highest share in the bariatric surgery devices market
North America was reported to be the largest regional contributor to the bariatric surgery devices
market in 2014, followed by the Europe. This is mainly attributed to high rates of obesity in the
U.S. and active government involvement and support to expand research in the field that is
undertaken by various companies manufacturing bariatric surgery devices. For instance, the
German federal ministry has formed a funded research program called as the Competence Network
Obesity and Integrated Research at about USD 26 Million for the years 2012-2015. Government
initiatives such as accessibility to the patient population and distribution of early care strategies and
community guide in order to control and treat obesity in the American and the European countries
are playing a pivotal role in the growth of bariatric surgery devices market. On the other hand, Asia
Pacific is the fastest growing potential market for bariatric surgery devices. This is mainly due to
rapidly increasing inclination of the populace towards fast food, in turn increasing prevalence of
obesity.
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Allergen, Covidien, Ethicon, Olympus, Medtronic Inc. collaboratively dominating the
bariatric surgery devices market
The major players in this market are
• Allergan Inc.,
• Cousin Biotech,
• Covidien PLC,
• Endogastric Solutions Inc.,
• EntroMedics Inc,
• GI Dynamics Inc,
• Intuitive Surgical Inc.,
• Johnson and Johnson,
• Olympus,
• Pare Surgical,
• ReShape Medical Inc.,
• Spatz FGIA Inc.,
• Transenterix Inc.
• Allergen,