Market By Device And Geography | Forecast 2019-2028
Triton Market Research’s report on the Latin American bariatric surgery market illustrates that the industry is anticipated to proliferate at a CAGR of 8.83% in terms of revenue, during the forecasted period 2019-2028.
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The countries reviewed in the Latin American bariatric surgery market are:
• Mexico
• Brazil
• Rest of Latin America
As per the Food and Agriculture Organization report, Chile ranks second in the cases of obesity among the nations of OECD (Organization for Economic Co-operation and Development). The rising burden of obesity is likely to increase the number of people adopting bariatric surgery in the region, thereby contributing to the market growth in Rest of Latin America.
According to the statistics provided by Global Food Cultures in 2019, Mexico ranks second in terms of obesity rate across the globe. The country is facing an obesity endemic. It is reported that about 24.3 million adults were obese in 2016, and this number is expected to increase further. With the increasing adoption of bariatric surgery for reducing obesity, many people from all over the world are visiting Mexico owing to the cost-effective option and better quality treatment.
Bariatric surgical procedures offered in the country include gastric balloon surgery in Cancun, gastric bypass (RYGB), sleeve gastrectomy in Mexico and gastric sleeve (VSG) in Tijuana. These surgeries are offered at very low prices. Mexico is reported as one of the popular destinations for weight loss surgery because the average cost of weight loss surgery is about 70% lower than that of the US. All these factors indicate an increase in the demand for bariatric surgery market in Mexico, thus proliferating the growth rate in the next few years.
Allergan is a pharmaceutical company engaged in the developing, manufacturing, marketing and distribution of pharmaceutical products, over-the-counter (OTC) pharmaceutical products and medical aesthetics. The company provides products for eye care, central nervous system, gastroenterology, medical aesthetics & dermatology, urology, women’s health and anti-infective therapeutic categories.
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VIEW REPORT1. LATIN AMERICA BARIATRIC SURGERY MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. PORTER’S FIVE FORCES MODEL
2.2.1. THREAT OF NEW ENTRY
2.2.2. THREAT OF SUBSTITUTION
2.2.3. BUYER’S POWER
2.2.4. SUPPLIER’S POWER
2.2.5. COMPETITIVE RIVALRY
2.3. VALUE CHAIN ANALYSIS
2.4. MARKET ATTRACTIVENESS INDEX
2.5. KEY INSIGHTS
2.6. MARKET DRIVERS
2.6.1. INCREASING PREVALENCE OF DIABETES AND CARDIAC DISEASES
2.6.2. SURGING OBESITY RATE
2.7. MARKET RESTRAINTS
2.7.1. LACK OF AWARENESS AMONG PATIENTS
2.8. MARKET OPPORTUNITIES
2.8.1. TECHNOLOGICAL ADVANCEMENTS
2.8.2. RISE IN GOVERNMENT INITIATIVES PERTAINING TO OBESITY
2.9. MARKET CHALLENGES
2.9.1. HIGH COSTS RELATED TO BARIATRIC SURGERIES
3. BARIATRIC SURGERY MARKET OUTLOOK - BY DEVICE
3.1. ASSISTING DEVICE
3.1.1. CLOSURE DEVICE
3.1.2. SUTURING DEVICE
3.1.3. TROCARS
3.1.4. STAPLING DEVICE
3.1.5. OTHER ASSISTING DEVICES
3.2. IMPLANTABLE DEVICE
3.2.1. GASTRIC BALLOON
3.2.2. GASTRIC BAND
3.2.3. ELECTRICAL STIMULATION DEVICE
3.2.4. GASTRIC EMPTYING
3.3. OTHER DEVICES
4. BARIATRIC SURGERY MARKET - LATIN AMERICA
4.1. BRAZIL
4.2. MEXICO
4.3. REST OF LATIN AMERICA
5. COMPANY PROFILES
5.1. OLYMPUS CORPORATION
5.2. ABBOTT
5.3. B. BRAUN MELSUNGEN AG
5.4. GE HEALTHCARE (GENERAL ELECTRIC COMPANY)
5.5. APOLLO ENDOSURGERY INC
5.6. ALLERGAN
5.7. INTUITIVE SURGICAL
5.8. THE COOPER COMPANIES INC
5.9. LUPIN
5.10. CONMED CORPORATION
5.11. ETHICON INC (JOHNSON & JOHNSON)
5.12. ASPIRE BARIATRICS
5.13. MEDTRONIC
5.14. RESHAPE LIFESCIENCES INC
6. RESEARCH METHODOLOGY & SCOPE
6.1. RESEARCH SCOPE & DELIVERABLES
6.1.1. OBJECTIVES OF STUDY
6.1.2. SCOPE OF STUDY
6.2. SOURCES OF DATA
6.2.1. PRIMARY DATA SOURCES
6.2.2. SECONDARY DATA SOURCES
6.3. RESEARCH METHODOLOGY
6.3.1. EVALUATION OF PROPOSED MARKET
6.3.2. IDENTIFICATION OF DATA SOURCES
6.3.3. ASSESSMENT OF MARKET DETERMINANTS
6.3.4. DATA COLLECTION
6.3.5. DATA VALIDATION & ANALYSIS
TABLE 1 LATIN AMERICA BARIATRIC SURGERY MARKET, 2019-2028 ($ MILLION)
TABLE 2 LATIN AMERICA BARIATRIC SURGERY MARKET, BY DEVICE, 2019-2028 ($ MILLION)
TABLE 3 LATIN AMERICA ASSISTING DEVICE MARKET, BY TYPE, 2019-2028 ($ MILLION)
TABLE 4 LATIN AMERICA IMPLANTABLE DEVICE MARKET, BY TYPE, 2019-2028 ($ MILLION)
TABLE 5 LATIN AMERICA BARIATRIC SURGERY MARKET, BY COUNTRY, 2019-2028 ($ MILLION)
FIGURE 1 LATIN AMERICA BARIATRIC SURGERY MARKET, 2019-2028 ($ MILLION)
FIGURE 2 PORTER’S FIVE FORCE ANALYSIS
FIGURE 3 LATIN AMERICA BARIATRIC SURGERY MARKET, BY ASSISTING DEVICE, 2019-2028 ($ MILLION)
FIGURE 4 LATIN AMERICA ASSISTING DEVICE MARKET, BY CLOSURE DEVICE, 2019-2028 ($ MILLION)
FIGURE 5 LATIN AMERICA ASSISTING DEVICE MARKET, BY SUTURING DEVICE, 2019-2028 ($ MILLION)
FIGURE 6 LATIN AMERICA ASSISTING DEVICE MARKET, BY TROCARS, 2019-2028 ($ MILLION)
FIGURE 7 LATIN AMERICA ASSISTING DEVICE MARKET, BY STAPLING DEVICE, 2019-2028 ($ MILLION)
FIGURE 8 LATIN AMERICA ASSISTING DEVICE MARKET, BY OTHER ASSISTING DEVICES, 2019-2028 ($ MILLION)
FIGURE 9 LATIN AMERICA BARIATRIC SURGERY MARKET, BY IMPLANTABLE DEVICE, 2019-2028 ($ MILLION)
FIGURE 10 LATIN AMERICA IMPLANTABLE DEVICE MARKET, BY GASTRIC BALLOON, 2019-2028 ($ MILLION)
FIGURE 11 LATIN AMERICA IMPLANTABLE DEVICE MARKET, BY GASTRIC BAND, 2019-2028 ($ MILLION)
FIGURE 12 LATIN AMERICA IMPLANTABLE DEVICE MARKET, BY ELECTRICAL STIMULATION DEVICE, 2019-2028 ($ MILLION)
FIGURE 13 LATIN AMERICA IMPLANTABLE DEVICE MARKET, BY GASTRIC EMPTYING, 2019-2028 ($ MILLION)
FIGURE 14 LATIN AMERICA BARIATRIC SURGERY MARKET, BY OTHER DEVICES, 2019-2028 ($ MILLION)
FIGURE 15 BRAZIL BARIATRIC SURGERY MARKET, 2019-2028 ($ MILLION)
FIGURE 16 MEXICO BARIATRIC SURGERY MARKET, 2019-2028 ($ MILLION)
FIGURE 17 REST OF LATIN AMERICA BARIATRIC SURGERY MARKET, 2019-2028 ($ MILLION)