An analysis by Triton Market Research has concluded that the European bariatric surgery market is likely to flourish at a CAGR of 9.13% over the forthcoming period 2019-2028.
The countries evaluated in the Europe bariatric surgery market are:
• Italy
• The United Kingdom
• Germany
• Russia
• France
• Spain
• Rest of Europe
Germany is among the leading countries in overweight and obesity prevalence across the globe. The country has a huge number of potential patients for bariatric surgery, but only about 8000 procedures are performed every year, which is one of the lowest worldwide. However, these numbers are increasing continuously over the years on account of the rising prevalence of smoking, obesity and psychological issues.
As people with obesity continue to surge, an increase in the number of bariatric surgeries is being witnessed. Sleeve gastrectomy is currently the most common bariatric procedure in the country. Several other surgery options are also available for patients, including gastric bypass, gastric sleeve surgery, SADI-S (single anastomosis duodeno-ileal bypass with sleeve gastrectomy), gastric balloon, duodenal switch and gastric band. Bariatric surgery is cost-effective in Germany as compared to other countries. Thus, bariatric interventions are likely to increase in number in the coming years.
It is reported that, in France, the number of people who are turning to surgical bariatric procedures to curb obesity has almost increased 21 times in the last two decades. Over 30% of the total bariatric interventions in the country are performed by the gastric bypass technique, making it one of the most popular techniques. These factors indicate the growth of the market in the country.
B. Braun Melsungen AG is a leading healthcare solutions provider. The company makes a considerable contribution toward protecting and improving people’s health with its gradually growing portfolio of medical care solutions. It offers about 5000 different products, out of which 95% are manufactured by itself. The company is headquartered in Melsungen, Germany.
Some key players in the bariatric surgery market are B. Braun Melsungen AG, The Cooper Companies Inc, Apollo Endosurgery Inc, Olympus Corporation, GE Healthcare (General Electric Company), Aspire Bariatrics, Lupin, Intuitive Surgical, Conmed Corporation, Reshape Lifesciences Inc, Medtronic, Abbott, Ethicon Inc (Johnson & Johnson) and Allergan.