India Bariatric Surgical Devices Market to Grow with a CAGR of 8.12% through 2030
Rise
of medical tourism in India and increasing prevalence rate of Type 2 Diabetes
is expected to drive the India Bariatric Surgical Devices Market growth in the
forecast period, 2026-2030.
According to TechSci Research report, “India
Bariatric Surgical Devices Market - By Region, Competition, Forecast & Opportunities, 2030F”, India Bariatric Surgical
Devices Market has valued at USD 153.43 Million in 2024 and is anticipated to
project impressive growth in the forecast period with a CAGR of 8.12% through
2030. The India Bariatric Surgical Devices Market is
driven by several compelling factors. The increasing prevalence of obesity and
related health conditions such as diabetes and heart disease is a powerful
factor stimulating market growth.
The rising awareness of bariatric surgery as a viable
treatment option and increasing accessibility of these procedures, due to
medical advancements and healthcare infrastructure development, contribute to
the growth. Another driver is the growing middle-class population in India,
leading to lifestyle and diet changes, increasing obesity rates. Lastly,
government initiatives promoting healthcare accessibility and affordability are
also fueling the market expansion.
India's bariatric surgical devices market is experiencing significant growth due to various factors. One of the key drivers is the rise in obesity-related disorders, which has led to an increased demand for bariatric surgery as a viable treatment option. Bariatric surgery, also known as weight loss surgery, offers an effective method to manage obesity and related conditions such as diabetes, hypertension, and sleep apnea.
As obesity rates continue to soar in India, more individuals are considering bariatric surgery as a solution. While traditional methods like diet and exercise are beneficial for weight loss, they often fall short for morbidly obese individuals. Bariatric surgery provides a potent solution, enabling patients to achieve substantial and sustained weight loss. The growth of the Indian market for bariatric surgical devices is also fueled by a growing awareness of the procedure and its benefits. Both the general public and healthcare professionals are recognizing that bariatric surgery can significantly improve the quality of life for obese individuals. This increased awareness has led to greater acceptance of the procedure and a surge in demand for bariatric surgical devices.
India's robust healthcare infrastructure, with numerous hospitals and clinics equipped to perform bariatric surgery, has further facilitated market growth. The availability of skilled surgeons adds to the appeal of the country as a destination for bariatric procedures. Advancements in technology are continuously enhancing the safety and efficacy of surgical procedures, driving the bariatric surgical devices market forward.
However, the high cost of bariatric surgery and related devices remains a challenge to market growth. Although the procedure is becoming more common, its cost can be prohibitive for many prospective patients. To ensure wider access to bariatric surgery, there is a need for more affordable options and improved insurance coverage. The future of the Indian bariatric surgical devices market looks promising. With increasing obesity rates, growing awareness about the benefits of bariatric surgery, and technological advancements, the market is expected to continue its upward trajectory. Addressing challenges such as high costs and limited insurance coverage will be crucial to ensure that the benefits of bariatric surgery can reach a wider population.
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The India Bariatric Surgical Devices Market is
segmented into product, surgery, end user, regional distribution, and company.
Based on product, surgical stapling devices was anticipated
to have a profound impact on the India Bariatric Surgical Devices Market. These
cutting-edge devices offer unparalleled convenience and efficiency, making them
the preferred choice among healthcare professionals. With the rising demand for
minimally invasive procedures, the adoption of Surgical Stapling Devices is
expected to soar, further solidifying their dominance in the market. Their
superior performance, reliability, and proven track record make them an
indispensable tool in the field of bariatric surgery.
The advanced technology integrated into Surgical
Stapling Devices ensures precise and secure staple formation, reducing the risk
of complications during bariatric procedures. The ergonomic design and
user-friendly features enhance surgical workflow, allowing surgeons to perform
with utmost precision and efficiency. The wide range of available staple sizes
and configurations caters to the diverse needs of patients, ensuring optimal
outcomes for each individual case. Surgical Stapling Devices undergo rigorous
testing and quality control measures to ensure their safety and effectiveness.
This commitment to quality and patient care has earned them a trusted
reputation among surgeons and healthcare institutions alike. As a result, the
demand for these devices is expected to continue to rise, driving the growth of
the India Bariatric Surgical Devices Market. Surgical Stapling Devices are
revolutionizing the field of bariatric surgery in India. Their unmatched
convenience, efficiency, and proven track record make them the go-to choice for
healthcare professionals. With their ability to deliver superior outcomes and
improve patient care, Surgical Stapling Devices are poised to dominate the
market and shape the future of bariatric surgical procedures in India.
Based on region, the Western region of India is
expected to be the fastest growing region in India Bariatric Surgical Devices
Market. The high prevalence of obesity, coupled with the increasing awareness
of bariatric surgery's potential benefits, is contributing to this trend. In
Maharashtra, urban areas such as Mumbai and Pune are witnessing a surge in
demand for bariatric surgical devices due to rapid urbanization and the
availability of advanced healthcare infrastructure. The bustling metropolis of
Mumbai, with its cosmopolitan population and thriving healthcare sector, has
become a hub for bariatric surgeries. Pune, known for its educational
institutions and IT parks, is experiencing a rise in obesity-related health
issues, leading to an increased demand for bariatric surgical devices.
Similarly, Gujarat, with cities like Ahmedabad and
Surat, is experiencing significant growth in this market. The state's vibrant
economy and industrial development have contributed to a rise in disposable
income, leading to a higher demand for bariatric surgeries. The presence of
renowned healthcare facilities in Ahmedabad, such as multi-specialty hospitals
and specialized clinics, has further fueled the growth of the bariatric
surgical devices market in the region. These factors collectively create a
conducive environment for the growth of the bariatric surgical devices market
in the Western region of India. As the awareness about the benefits of
bariatric surgery continues to spread and the healthcare infrastructure
continues to develop, the demand for bariatric surgical devices is expected to
rise even further, presenting lucrative opportunities for manufacturers and
suppliers in the market.
Major companies operating in India
Bariatric Surgical Devices Market are:
·
India Medtronic Pvt. Ltd.
·
Johnson and Johnson Ltd
·
Apollo Endosurgery India
·
B. Braun India
·
Becton Dickinson India Pvt Ltd.
·
Styrker India Pvt. Ltd.
·
Dolphin Surgicals Industries
·
Western Trading Company
·
Staan Bio-Med Engineering Private Limited
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“The Indian Bariatric Surgical Devices Market is
expected to witness substantial growth in the coming years, driven by the
rising prevalence of obesity and related health issues. Growing awareness of
bariatric surgery as an effective treatment option is further propelling market
expansion. The rapid growth of India’s middle-class population and increasing
healthcare spending are anticipated to boost demand for bariatric surgical
devices across the country” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.
“India Bariatric Surgical Devices Market By Product (Hand
Instrument, Access Instrument, Endoscope, Surgical Stapling Devices,
Electrosurgery, Endoscopic Suturing Device, Accessories), By Surgery (Gastric
Banding, Sleeve gastrectomy, Gastric bypass, Biliopancreatic diversion with a
duodenal switch (BPD-DS), Endoscopy), By End User (Hospitals & Clinics,
Ambulatory Surgery Centers, Others), By Region, Competition, Forecast &
Opportunities, 2020-2030F”, has evaluated the future growth
potential of India Bariatric Surgical Devices Market and provides statistics
& information on market size, structure and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in India Bariatric Surgical Devices Market.
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