The rising prevalence of obesity and increasing awareness about bariatric surgery amongst the obese people are the biggest factors responsible for the surge in the demand for obesity/bariatric surgery devices across the world. According to the statistics published by the American Society for Metabolic and Bariatric Surgery (ASMBS), the total number of bariatric surgeries conducted in the U.S. increased from 158,000 to 196,000 from 2011 to 2015. Due to the growing adoption of these surgeries, the demand for obesity surgery devices will undoubtedly increase in the coming years.
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Several companies across the world are increasingly organizing obesity awareness programs for increasing the public awareness about the various medical treatment and surgery options available for those suffering from obesity. For instance, a non-profit organization in the U.S., called Campaign to End Obesity, regularly conducts programs in order to increase the public awareness about exercise, bariatric surgery, and diet. The American Association of Physicians of Indian Origin (AAPI) started the Childhood Obesity Awareness program in 2013, which has so far significantly increased awareness about bariatric surgeries in the U.S.
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Geographically, the Asia-Pacific (APAC) region, owing to the increasing incidence of obesity and flourishing medical tourism industry, is projected to register the fastest growth in the utilization of obesity/bariatric surgery devices during the forecast period. As per the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), elderly people are predicted to account for nearly 20.0% of the total population by 2050, thereby propelling the demand for obesity surgeries in the region. As a result, the obesity/bariatric surgery devices market will boom in the region in future.
Thus, the demand for obesity/bariatric surgery devices will shoot up massively across the world over the next few years, owing to the rising prevalence of obesity and soaring geriatric population.
