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Add to CartGlobal Adjustable Gastric Banding Market Growth, Share, Size, Trends and Forecast (2024 - 2030)
By Product;
Lap-Band, and Realize Band.By End User;
Hospitals, Medical Diagnostics Sector, Healthcare Facilities, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).Introduction
Global Adjustable Gastric Banding Market (USD Million), 2020 - 2030
In the year 2023, the Global Adjustable Gastric Banding Market was valued at USD 2,418.13 million. The size of this market is expected to increase to USD 3,954.68 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.3%.
Adjustable gastric banding is a surgical procedure designed to assist individuals struggling with obesity in achieving significant and sustainable weight loss. This minimally invasive procedure involves the placement of a silicone band around the upper part of the stomach, creating a smaller stomach pouch that limits food intake and promotes a feeling of fullness with smaller meals. The introduction of adjustable gastric banding represented a significant advancement in bariatric surgery, offering patients an effective and reversible option for weight loss without the need for extensive anatomical alterations or malabsorption of nutrients. The adjustable nature of the gastric band allows for personalized adjustments to the degree of restriction, enabling healthcare providers to tailor treatment according to individual patient needs and weight loss goals.
The Global Adjustable Gastric Banding Market is driven by the rising prevalence of obesity and associated comorbidities worldwide, including cardiovascular diseases, type 2 diabetes, and certain cancers. As traditional methods of weight loss such as diet and exercise often prove ineffective for individuals with severe obesity, there is an increasing demand for surgical interventions like adjustable gastric banding as part of comprehensive weight management programs.
Technological advancements and refinements in surgical techniques have contributed to the safety and efficacy of adjustable gastric banding procedures, reducing complication rates and enhancing patient outcomes. Improved patient selection criteria, preoperative evaluation protocols, and postoperative support systems have also played a role in optimizing the success of adjustable gastric banding surgeries.
Global Adjustable Gastric Banding Market Recent Developments & Report Snapshot
Recent Developments:
- In February 2024, Spatz Medical, a global medical device company, announced the launch of the Spatz3 Adjustable Gastric Balloon.
- Bariatric Solutions GmbH, a German medical device firm, provides products including the MiniMIZER Gastric Ring, A.M.I. Soft Gastric Band System, and MiniMIZER Adjustable Gastric Band, among others.
| Parameters | Description |
|---|---|
| Market | Global Adjustable Gastric Banding Market |
| Study Period | 2020 - 2030 |
| Base Year (for Global Adjustable Gastric Banding Market Size Estimates) | 2023 |
| Drivers |
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| Restriants |
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| Opportunities |
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Segment Analysis
The segmentation by Product categorizes adjustable gastric banding devices based on their specific design, features, and manufacturing specifications. These products may include various types of gastric bands, accessories, and implantation tools utilized in the surgical procedure. Each product category represents distinct offerings tailored to meet the requirements of healthcare providers and patients, with considerations for factors such as adjustability, durability, and compatibility with surgical techniques.
End User segmentation delineates the different stakeholders involved in the utilization of adjustable gastric banding products and services. This includes hospitals, ambulatory surgical centers, specialty clinics, and academic institutions where bariatric surgeries are performed and patient care is provided. Additionally, end users may encompass healthcare professionals such as bariatric surgeons, gastroenterologists, nurses, and allied healthcare professionals involved in the diagnosis, treatment, and management of obesity and related conditions.
Geographical segmentation provides insights into regional market dynamics and opportunities for adjustable gastric banding products across key geographic regions. The market is analyzed across regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, each exhibiting unique trends influenced by factors such as healthcare infrastructure, regulatory environment, socioeconomic factors, and prevalence of obesity. Regional variations in patient demographics, cultural norms, and reimbursement policies impact the adoption and utilization of adjustable gastric banding devices, shaping market demand and growth prospects.
Global Adjustable Gastric Banding Segment Analysis
In this report, the Global Adjustable Gastric Banding Market has been segmented by Product, End User and Geography.
Global Adjustable Gastric Banding Market, Segmentation by Product
The Global Adjustable Gastric Banding Market has been segmented by Product into Lap-Band and Realize Band.
The Lap-Band, also known as the Laparoscopic Adjustable Gastric Band, is a widely recognized and established product in the adjustable gastric banding market. It consists of a silicone band with an inflatable balloon component, which is placed around the upper portion of the stomach during a minimally invasive surgical procedure. The Lap-Band is adjustable, allowing healthcare providers to modify the degree of gastric restriction according to individual patient needs and weight loss goals. It is designed to restrict food intake, promote satiety, and facilitate gradual weight loss by creating a smaller stomach pouch.
The Realize Band is another variant of adjustable gastric banding device available in the market. Similar to the Lap-Band, the Realize Band comprises a silicone band with an adjustable inflatable component, which is surgically placed around the upper stomach to induce weight loss. The Realize Band offers a customizable approach to gastric restriction, enabling healthcare providers to tailor treatment according to patient-specific factors such as body mass index (BMI), dietary habits, and medical history. By providing adjustable and reversible weight loss solutions, the Realize Band aims to help individuals achieve sustainable and long-term weight management goals.
Global Adjustable Gastric Banding Market, Segmentation by End User
The Global Adjustable Gastric Banding Market has been segmented by End User into Hospitals, Medical Diagnostics Sector, Healthcare Facilities and Others.
Hospitals serve as primary centers for bariatric surgery and comprehensive patient care, offering a wide array of medical services, including surgical procedures such as adjustable gastric banding. Within hospital settings, specialized bariatric surgery departments and operating rooms are equipped with the necessary infrastructure, technology, and expertise to perform adjustable gastric banding surgeries safely and effectively. Additionally, hospitals provide preoperative evaluation, postoperative monitoring, and long-term follow-up care for patients undergoing bariatric procedures, ensuring optimal treatment outcomes and patient satisfaction.
The Medical Diagnostics Sector plays a crucial role in the diagnosis, assessment, and monitoring of obesity and related comorbidities, providing essential support services to healthcare providers and patients. This sector encompasses diagnostic imaging centers, laboratories, and medical testing facilities that offer a range of diagnostic procedures and tests to evaluate patients' health status and assess their suitability for bariatric surgery, including adjustable gastric banding. Diagnostic imaging modalities such as ultrasound, X-ray, and computed tomography (CT) scans may be utilized to assess anatomical structures and identify underlying medical conditions that may impact treatment decisions.
Healthcare Facilities, including ambulatory surgical centers, specialty clinics, and outpatient treatment facilities, provide alternative settings for bariatric surgery and patient care. These facilities offer convenient access to adjustable gastric banding procedures and related services, catering to the needs of patients seeking minimally invasive weight loss solutions outside of traditional hospital settings. Healthcare facilities may specialize in bariatric surgery and offer comprehensive care pathways tailored to the unique needs of individuals with obesity and related conditions.
Global Adjustable Gastric Banding Market, Segmentation by Geography
In this report, the Global Adjustable Gastric Banding Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Adjustable Gastric Banding Market Share (%), by Geographical Region, 2023
North America represents a significant market for adjustable gastric banding, driven by the high prevalence of obesity and related health concerns in countries such as the United States and Canada. The region benefits from advanced healthcare systems, robust reimbursement mechanisms, and a well-established network of bariatric surgery centers and specialized clinics offering adjustable gastric banding procedures to patients seeking weight loss solutions.
Europe is another prominent market for adjustable gastric banding, characterized by increasing awareness of obesity management and growing demand for minimally invasive surgical interventions. Countries such as the United Kingdom, Germany, and France have witnessed significant adoption of adjustable gastric banding procedures, supported by favorable reimbursement policies and initiatives aimed at addressing the obesity epidemic.
The Asia Pacific region presents opportunities for market expansion, fueled by rising obesity rates, changing lifestyles, and improving healthcare infrastructure in countries such as China, Japan, and India. Increasing disposable incomes and growing awareness of bariatric surgery as a viable weight loss option contribute to the uptake of adjustable gastric banding procedures in this region.
In the Middle East and Africa, the adjustable gastric banding market is driven by a combination of factors, including rising obesity prevalence, expanding healthcare investments, and the introduction of innovative medical technologies. Countries in the Gulf Cooperation Council (GCC) region, such as Saudi Arabia and the United Arab Emirates, are witnessing growing demand for bariatric surgery services, including adjustable gastric banding, to address the rising burden of obesity-related diseases.
Latin America represents a dynamic market for adjustable gastric banding, with countries such as Brazil, Mexico, and Argentina experiencing increasing adoption of bariatric surgery procedures. Factors such as urbanization, changing dietary habits, and government initiatives to combat obesity contribute to the growth of the adjustable gastric banding market in the region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Adjustable Gastric Banding Market. These factors include; Market Drivers, Restraints and Opportunities.
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing Prevalence of Obesity
- Technological Advancements in Surgical Techniques
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Growing Demand for Minimally Invasive Weight Loss Procedures - One of the key factors driving the demand for minimally invasive weight loss procedures is the increasing prevalence of obesity worldwide. Obesity is a complex and chronic health condition associated with numerous comorbidities, including cardiovascular disease, type 2 diabetes, and certain cancers. As traditional methods of weight loss such as diet and exercise often prove insufficient for individuals with severe obesity, there is a growing recognition of the need for more effective interventions to address this global health challenge. Minimally invasive weight loss procedures such as adjustable gastric banding offer a viable option for achieving significant and sustainable weight loss, improving overall health outcomes, and reducing the burden of obesity-related diseases.
Advancements in medical technology and surgical techniques have enhanced the safety and efficacy of minimally invasive procedures, making them increasingly accessible to a broader patient population. Innovations in surgical instruments, imaging technology, and anesthesia protocols have contributed to shorter operating times, reduced complication rates, and improved patient outcomes following adjustable gastric banding surgeries. As a result, patients are more inclined to consider minimally invasive approaches for weight loss, particularly when compared to traditional open surgeries with longer recovery periods and higher risks of postoperative complications.
The growing emphasis on patient-centered care and quality of life considerations has led to increased interest in minimally invasive weight loss procedures among healthcare providers and patients alike. Adjustable gastric banding offers patients a reversible and adjustable option for achieving significant weight loss while preserving normal gastrointestinal anatomy and function. Patients appreciate the potential for gradual weight loss, improved dietary habits, and enhanced overall well-being associated with minimally invasive procedures, driving demand for adjustable gastric banding as a preferred choice for bariatric surgery.
Restraints
- Concerns Regarding Long-Term Efficacy of Gastric Banding
- Patient Selection Criteria and Compliance Issues
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Insurance Coverage Limitations - One of the primary challenges associated with insurance coverage limitations is the stringent criteria and prerequisites imposed by insurance providers for approving coverage of adjustable gastric banding surgeries. Insurance companies often require patients to meet specific eligibility criteria, including a minimum body mass index (BMI) threshold, documented evidence of unsuccessful attempts at non-surgical weight loss interventions, and the presence of obesity-related comorbidities such as diabetes, hypertension, or obstructive sleep apnea. These criteria may exclude certain individuals who could benefit from adjustable gastric banding but do not meet the strict eligibility requirements set forth by insurance policies.
Insurance coverage limitations may extend to the scope of coverage offered for adjustable gastric banding procedures, including preoperative evaluations, surgical fees, postoperative care, and device-related complications. Some insurance plans may impose high out-of-pocket expenses, copayments, or deductibles for bariatric surgery, making it financially burdensome for patients to pursue this treatment option. Additionally, coverage limitations may vary based on the type of insurance plan (e.g., private insurance, government-sponsored programs) and geographic region, further complicating the accessibility of adjustable gastric banding for eligible candidates.
Disparities in insurance coverage for adjustable gastric banding procedures may exist between different patient populations, exacerbating healthcare inequities and limiting access to care for vulnerable or underserved groups. Patients without adequate insurance coverage may face barriers to obtaining timely diagnosis, treatment, and follow-up care for obesity and related conditions, leading to disparities in health outcomes and quality of life.
Opportunities
- Expansion of Bariatric Surgery Programs
- Development of Next-Generation Adjustable Gastric Banding Devices
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Emphasis on Patient Education - Patient education plays a pivotal role in empowering individuals undergoing adjustable gastric banding surgery to make informed decisions about their health and participate actively in their treatment journey. By providing comprehensive information about the procedure, including its benefits, risks, and expected outcomes, healthcare providers can help patients set realistic expectations and make lifestyle changes necessary for successful weight loss and maintenance.
Patient education facilitates shared decision-making between healthcare providers and patients, fostering a collaborative approach to care that takes into account patients' preferences, values, and personal goals. Through open communication and dialogue, patients can voice their concerns, ask questions, and actively engage in the decision-making process, leading to greater satisfaction and adherence to treatment plans.
Patient education serves as a foundation for promoting healthy behaviors and lifestyle modifications essential for long-term success following adjustable gastric banding surgery. Education on nutrition, physical activity, behavior modification, and postoperative care empowers patients to adopt sustainable habits that support weight loss, improve overall health, and reduce the risk of complications.
Patient education efforts can address misconceptions, myths, and stigmas surrounding obesity and bariatric surgery, promoting greater acceptance and understanding within communities. By raising awareness about the complexities of obesity, its impact on health, and the role of bariatric surgery as a treatment option, patient education initiatives can help reduce barriers to care and increase access to life-changing interventions like adjustable gastric banding.
Competitive Landscape Analysis
Key players in Global Adjustable Gastric Banding Market include:
- Aspire Bariatrics
- Olympus Corporation of the Americas
- Apollo Endosurgery
- Ethicon
- SpatzFgia
- Intuitive Surgical
- Mediflex Surgical Product
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By End User
- Market Snapshot, By Region
- Global Adjustable Gastric Banding Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Increasing Prevalence of Obesity
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Technological Advancements in Surgical Techniques
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Growing Demand for Minimally Invasive Weight Loss Procedures
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- Restraints
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Concerns Regarding Long-Term Efficacy of Gastric Banding
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Patient Selection Criteria and Compliance Issues
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Insurance Coverage Limitations
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- Opportunities
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Expansion of Bariatric Surgery Programs
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Development of Next-Generation Adjustable Gastric Banding Devices
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Emphasis on Patient Education
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Adjustable Gastric Banding Market, By Product, 2020 - 2030 (USD Million)
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Lap-Band
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Realize Band
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- Global Adjustable Gastric Banding Market, By End User, 2020 - 2030 (USD Million)
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Hospitals
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Medical Diagnostics Sector
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Healthcare Facilities
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Others
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- Global Adjustable Gastric Banding Market, By Geography, 2020 - 2030 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Adjustable Gastric Banding Market, By Product, 2020 - 2030 (USD Million)
- Competitive Landscape
- Company Profiles
- Aspire Bariatrics
- Olympus Corporation of the Americas
- Apollo Endosurgery
- Ethicon
- SpatzFgia
- Intuitive Surgical
- Mediflex Surgical Product
- Company Profiles
- Analyst Views
- Future Outlook of the Market