Please Wait.....
Report
India Bariatric Surgery Devices Market Assessment, By Type [Minimally Invasive Surgical Devices, Non-Invasive Surgical Devices], By Procedure [Sleeve Gastrectomy, Roux-en Y Gastric Bypass (RYGB), Biliopancreatic Diversion with Duodenal Switch (BPD/DS), Single Anastomosis Duodeno-Ileal Bypass with Sleeve Gastrectomy (SADI-S), Adjustable Gastric Banding, Robotic Surgery], By End-user [Hospitals, Clinics, Ambulatory Surgical Centers, Others], By Region, Opportunities and Forecast, FY2017-FY2031F
Market Report I 2024-04-19 I 219 Pages I Market Xcel - Markets and Data
India bariatric surgery devices market size is valued at USD 250 million in FY2023, which is expected to reach USD 390.12 million in FY2031, with a CAGR of 5.72% for the forecast period between FY2024 and FY2031.
The treatment options for obesity include bariatric surgery, weight loss drugs, and dietary changes. Bariatric surgery uses minimally invasive and non-invasive surgery devices like staplers, scissors, sealers, gastric balloons, and accessories. The demand for such devices is rising with the increasing number of bariatric surgeries being performed because of the increasing prevalence of obesity in the Indian population in cities.
In recent years, the obese population in India has risen significantly owing to the changing lifestyle, long sitting hours, and lack of physical activity. The lifestyle and diet patterns of Indian population have drastically changed in the past few years leading to a higher number of obese and overweight people. Increasing awareness about weight-related health conditions and effective means of treatment are fueling the market growth. Government focus on improving healthcare accessibility and affordability along with the aforementioned factors, expected to drive India bariatric surgery devices market during the forecast period.
Moreover, India's dependence on imports for medical devices is still a challenge for the market which can be converted into opportunity by strategic initiatives by market players. The market is expected to grow steadily during the forecast period between FY2024 and FY2030F due to growth factors like increasing the obese population, increasing awareness among people, changing lifestyle and diet patterns, government initiatives to improve healthcare accessibility, product launches, and industry initiatives, driving the market.
In June 2021, Intuitive India, the Indian division of Intuitive Surgicals, a leader in minimally invasive treatment and the creator of robotic-assisted surgery (RAS), introduced the SureForm robotic surgical stapler, which features integrated SmartFire software. Using more than 1,000 measurements per second, SmartFire automatically modifies the firing procedure as the transection and staplers are produced to assist ensure a consistent staple line and minimize tissue damage in a variety of tissue thicknesses.
Increasing Prevalence of Obesity
The obese population in India has risen significantly in recent years and this calls for better preventive and treatment approaches to address the concern. With obesity, the prevalence of related concerns like dyslipidemia, heart disease, diabetes, cancer, and other diseases, has grown subsequently. By 2035, obesity will account for USD 8.43 billion, which is the direct healthcare costs in India. To cope with such conditions, the number of bariatric surgeries in India is increasing every year. More than 39,949 bariatric surgeries were conducted in India in 2022. For instance, as per the NFHS-5 data, in year 2020, 23% of women and 22.1% of men are overweight as per the BMI criterion. The preliminary finding on the status of abdominal obesity reveals that 40% of women and 12% of men are abdominally obese in the country.
Changing Lifestyle and Diet Patterns
Due to evolving technology and urbanization, the sedentary lifestyle and unhealthy food consumption have increased over the years in India. Due to long sitting hours, lack of physical exercise, and increasing convenience of delivery platforms, the prevalence of obesity and other associated disorders have significantly increased in the past few years. The diet patterns of Indian population have changed, with increasing accessibility of a variety of cuisines and food options, a significant shift towards junk food has been noticed which is the primary cause of obesity.
All these factors are resulting in high number of bariatric surgeries in India. For instance, according to an article published in BMC Women's Health, in January 2023, in India, one in every four people has a risk of dying from a chronic disease (i.e., cardiovascular, stroke, cancer, diabetes, etc.) before reaching the age of 70 years. This increase is attributed to changed lifestyles and diet plans among Indian population. Such an instance further provides an opportunity for the growth of India bariatric surgery devices market.
Impact of COVID-19
The COVID-19 pandemic had a negative impact on the bariatric surgery device market in India, as it affected numerous surgeries globally. The outbreak led to a decline in the number of bariatric surgeries performed, as hospitals and healthcare facilities focused on managing the pandemic and prioritizing COVID-19 patients. The restrictions on elective surgeries and challenges in accessing healthcare services contribute to the decline in bariatric surgeries. However, the demand of bariatric surgeries returned to pre-covid levels after the upliftment of lockdown. The growing prevalence of obesity and related disorders, coupled with the development of minimally invasive bariatric surgery devices, is expected to drive the market growth in the coming years.
Stapling Devices Segment is Expected to Witness Fastest Growth
Due to factors such as the high incidence of obesity in the population and the rising number of bariatric surgeries, the stapling devices segment is predicted to increase relatively faster during the forecast period than other devices used in bariatric surgeries. Additionally, as type 2 diabetes becomes more common among the population, there is a greater need for bariatric surgery, which lowers blood sugar levels. Currently, mechanical stapling devices are used for most bariatric surgeries, contributing to the total growth. It is one of the most frequently used devices because it reduces obesity-related health issues and more significant and consistent weight loss surgery outcomes for patients.
Key Players Landscape and Outlook
India bariatric surgery devices market is competitive with a presence of few big players. The leading market players include India Medtronic Pvt. Ltd., Johnson and Johnson Ltd, Apollo Endosurgery India, etc. The market has multiple opportunities to grow as market players are being supported by government initiatives to strengthen the healthcare system. Additionally, the active involvement of companies in research and development for innovative products is expected to contribute to the market's growth in the forecast years.
In September 2022, US-based Allurion Technologies launched its weight-loss gastric balloon in India. This balloon is a non-invasive bariatric surgical device, helpful in reducing body weight by 10-15% within 16 weeks.
1. Research Methodology
2. Project Scope & Definitions
3. Impact of COVID-19 on India Bariatric Surgery Devices Market
4. Executive Summary
5. India Bariatric Surgery Devices Market Outlook, FY2017-FY2031F
5.1. Market Size & Forecast
5.1.1. By Value
5.1.2. By Volume
5.2. By Type
5.2.1. Minimally Invasive Surgical Devices
5.2.1.1. Stapling Devices
5.2.1.2. Suturing Devices
5.2.1.3. Vessel Sealing Devices
5.2.1.4. Others
5.2.2. Non-Invasive Surgical Devices
5.3. By Procedure
5.3.1. Sleeve Gastrectomy
5.3.2. Roux-en Y Gastric Bypass (RYGB)
5.3.3. Biliopancreatic Diversion with Duodenal Switch (BPD/DS)
5.3.4. Single Anastomosis Duodeno-Ileal Bypass with Sleeve Gastrectomy (SADI-S)
5.3.5. Adjustable Gastric Banding
5.3.6. Robotic Surgery
5.4. By End-user
5.4.1. Hospitals
5.4.2. Clinics
5.4.3. Ambulatory Surgical Centers
5.4.4. Others
5.5. By Region
5.5.1.1. North
5.5.1.2. East
5.5.1.3. West & Central
5.5.1.4. South
5.6 By Company Market Share (%), FY2023
6. Market Mapping, FY2023
6.1. By Type
6.2. By Procedure
6.3. By End-user
6.4. By Region
7. Macro Environment and Industry Structure
7.1. Supply Demand Analysis
7.2. Import Export Analysis - Volume and Value
7.3. Supply/Value Chain Analysis
7.4. PESTEL Analysis
7.4.1. Political Factors
7.4.2. Economic System
7.4.3. Social Implications
7.4.4. Technological Advancements
7.4.5. Environmental Impacts
7.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
7.5. Porter's Five Forces Analysis
7.5.1. Supplier Power
7.5.2. Buyer Power
7.5.3. Substitution Threat
7.5.4. Threat from New Entrant
7.5.5. Competitive Rivalry
8. Market Dynamics
8.1. Growth Drivers
8.2. Growth Inhibitors (Challenges, Restraints)
9. Regulatory Framework and Innovation
9.1. Clinical Trials
9.2. Patent Landscape
9.3. Regulatory Approvals
9.4. Innovations/Emerging Technologies
10. Key Players Landscape
10.1. Competition Matrix of Top Five Market Leaders
10.2. Market Revenue Analysis of Top Five Market Leaders (in %, FY2023)
10.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
10.4. SWOT Analysis (For Five Market Players)
10.5. Patent Analysis (If Applicable)
11. Pricing Analysis
12. Case Studies
13. Key Players Outlook
13.1. India Medtronic Pvt. Ltd.
13.1.1. Company Details
13.1.2. Key Management Personnel
13.1.3. Products & Services
13.1.4. Financials (As reported)
13.1.5. Key Market Focus & Geographical Presence
13.1.6. Recent Developments
13.2. Johnson and Johnson Ltd
13.3. Apollo Endosurgery India
13.4. B. Braun India
13.5. Becton Dickinson India Pvt Ltd.
13.6. Styrker India Pvt. Ltd.
13.7. Dolphin Surgicals Industries
13.8. Western Trading Company
13.9. Staan Bio-Med Engineering Private Limited
*Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work
14. Strategic Recommendations
15. About Us & Disclaimer
- 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