Please Wait.....
Report
Germany Bariatric Surgery Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 80 Pages I Mordor Intelligence
The German bariatric surgery market is expected to register a CAGR of 2.8% during the forecast period.
The COVID-19 pandemic impacted the healthcare systems throughout the world, including Germany. The pandemic also impacted the bariatric surgery market in Germany. People in Germany could not go to work or exercise due to the lockdown and government controls, and the additional stress caused by the pandemic contributed to obesity in the country. According to the study published in Clinical Obesity in July 2021, as a result of the COVID-19 outbreak in the Spring of 2020, 86% of bariatric procedures in Germany were cancelled. Social restrictions and the use of telemedicine, among other things, had encouraged a housebound lifestyle that was detrimental for bariatric patients. Thus, COVID-19 profoundly impacted the German bariatric surgery market. Since restrictions are removed, the market has been recovering strongly. Over the anticipated period, a rise in bariatric treatments and the reopening of clinics will drive the market's recovery.
Certain factors are propelling the growth of the market, including the increasing incidence of obesity among people, growing government initiatives to curb obesity, and the rising prevalence of type 2 diabetes and heart diseases. According to the study published in Journal of Health Monitoring in September 2022, 53. 5% of adults in Germany were overweight, with men being more obese than women. Obesity was prevalent in both sexes at 19.0%. In both men and women, the prevalene of overweight and obesity increased with age in Germany.
Additionally, in obese people insulin resistance with impairment of ?-cell function led to the development of diabetes and the growing prevalence of diabetes is likely to support the growth of the market. For instance, as per the 2021 report of the International Diabetes Federation (IDF), there were about 6.2 million people in Germany with diabetes. This number is projected to reach 6.5 million by 2030 which is further expected to boost the studied market's growth over the forecast period.
Germany Bariatric Surgery Market Trends
Closure Device is Expected to Register a High CAGR in the Bariatric Surgery Market Over the Forecast Period
Closure devices are used for reconnecting tissues during surgical procedures and for closing incisions made by trocars. The laparoscopic port closure device successfully and safely closes port sites in obese patients undergoing bariatric procedures and surgeries. The closure devices segment is expected to register high growth, as they are widely used in minimally invasive surgeries requiring immediate closure of very small incisions made during surgical procedures.
Closure devices are expected to witness significant growth because of the increased number of bariatric surgery and obesity-related cardiovascular surgical procedures performed in Germany. Obesity also contributes to cardiovascular risk factors, dyslipidemia, type 2 diabetes, hypertension, and sleep disorders.
The use of closure devices causes less pain and discomfort to patients compared to manual compression. These devices also stop bleeding quickly following a surgical procedure. Thus, the postoperative recovery is better, and the post-operative stay is minimised. According to the study published in Obesity Surgery in September 2021, in Germany, most participants (71.4%) predicted bariatric surgery to have the largest influence on their lives. Hence the number of surgical procedures is expected to increase in the country, thereby boosting the demand for closure devices.
Gastric Balloons is Expected to Hold a Significant Market Share Over the Forecast Period
The gastric balloon is a non-surgical endoscopic weight loss procedure that involves the placement of a saline or gas-filled balloon into the stomach to suppress appetite and drastically reduce food intake. In addition, the rising prevalence of obesity and increasing demand for minimally invasive surgeries are actively affecting the growth of the studied segment.
Gastric balloon surgery is less intrusive than major surgery like gastric bypass. Gastric balloon operations are also less expensive than gastric sleeve or gastric bypass surgery. The gastric balloon may also aid in treating obesity-related health issues such as diabetes, heart disease, and high blood pressure, making future gastric bypass surgery safer and more accessible.
The growing adoption of minimally invasive surgeries in the country is expected to boost segment growth over the forecast period. For instance, in May 2022, avateramedical GmbH, an innovative German medical technology company specializing in robot-assisted, minimally invasive surgery, has reported the successful completion of the first ten surgeries in humans with the avatera system. Thus, increasing adoption of minimally invasive surgeries in the country is expected to rise in demand for gastric balloons for weight management over the forecast period.
Moreover, according to the study published in Springer Link in March 2022, in super-obese individuals, a multi-stage treatment strategy with gastric balloon prior to bariatric surgery may be successful in facilitating safe surgery. Thus, the effectiveness of gastric balloons in weight loss is expected to rise in demand for the gastric balloon, thereby boosting the growth of the segment.
Thus, all above-mentioned factors such as benefits of the gastric balloon and safety and effectiveness of it is expected to boost the segment growth over the forecast period.
Germany Bariatric Surgery Market Competitor Analysis
The Germany bariatric surgery market is moderately consolidated competitive with the presence of major players, such as Apollo Endosurgery Inc., Olympus Corporation, Johnson and Johnson (Ethicon), and Medtronic Plc. The market is also inclusive of the smaller players that hold a substantial market share. With the growing medical device market for bariatric surgery, it is expected that a few more new players will be penetrating the market in future.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increase in Obesity Patients
4.2.2 Rising Prevalence of Type 2 Diabetes and Heart Diseases
4.2.3 Government Initiatives to Curb Obesity
4.3 Market Restraints
4.3.1 Lack of Knowledge and Awareness in Country
4.3.2 High Cost of Surgery
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION (Market Size by Value - USD million)
5.1 By Device
5.1.1 Assisting Devices
5.1.1.1 Suturing Device
5.1.1.2 Closure Device
5.1.1.3 Stapling Device
5.1.1.4 Trocars
5.1.1.5 Other Assisting Devices
5.1.2 Implantable Devices
5.1.2.1 Gastric Bands
5.1.2.2 Electrical Stimulation Devices
5.1.2.3 Gastric Balloons
5.1.2.4 Gastric Emptying
5.1.3 Other Devices
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Medtronic PLC
6.1.2 Johnson and Johnson (Ethicon Inc)
6.1.3 Apollo Endosurgery, Inc
6.1.4 Intuitive Surgical Inc
6.1.5 Olympus Corporation
6.1.6 Conmed Corporation
6.1.7 Pentax Medical
6.1.8 B. Braun Melsungen AG
6.1.9 Conmed Corporation
6.1.10 Cook Medical
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security