South Korea Bariatric Surgery Market – Size, Outlook, Trends, and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Country

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Home > Reports > Medical Devices > Healthcare > South Korea Bariatric Surgery Market – Size, Outlook, Trends, and Forecast (2024 – 2032)
South Korea Bariatric Surgery Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Bariatric surgery is known as Weight loss surgery. This is performed on people who have obesity. There are many types of procedures performed on patients. These procedures include reducing the size of the stomach by using a gastric band, resecting and rerouting the small intestine and removal of a part of the stomach. The Global Artificial organs & Bionics market has been marked at a USD 26.9 Billion for the year 2017; by the end of 2024, it is expected to reach $45.8 billion at a CAGR of 11.39.

South Korea Bariatric Surgery Market Share:

South Korea has the most significant market due to the higher per capita income and growth in awareness among the population. Upcoming economies are expected to show growth in the future.  Obesity and health disorders increased the knowledge about the bariatric surgery and devices.

South Korea Bariatric Surgery Market Size:

Due to the availability of surgeons specialised in bariatric surgical techniques demand for the bariatric surgeries is growing more.  Prevention of weight-related risks and less incisive methods are the reasons for the growth in the size of the market. Regional government initiatives are also playing a vital role in the growth of bariatric surgery devices.

South Korea Bariatric Surgery Market Growth:

The increased population of suffering from a failure of organs, increase in motor accidents, rapid technical advancements, Increase in the scarcity of donor organs are the critical factors for the growth of this market. North America has the most substantial growth followed by Europe and the Asia Pacific regions.

South Korea Bariatric Surgery Industry Analysis:

South Korea Bariatric is segmented into by-products. By-products are again subdivided into Adjustable Gastric Bands, Implantable Gastric Simulators, Intragastric Balloons, Two Techniques, Surgical Clamps, Gastric Surgery Clamps, Clip Appliers, 8 Endo Stitch and Surgical Staples and trocars. By geography, North America has the highest share.

South Korea Bariatric Surgery Market Outlook:

Europe and the Asia Pacific have the second most abundant market growth in Bariatric surgery market. Bariatric surgery devices are divided based on a type and the method used. People with more obesity problems are increasing day by day there will be tremendous demand for these type of bariatric surgery devices for the next five years

South Korea Bariatric Surgery Market trends:

They are many companies playing a vital role in the South Korea bariatric surgery market. Among them, Allergan had one newly acquired product and a very little field support. Since then he witnessed unparalleled growth in the market and the company. He continued his efforts to act fast to keep pace with the demand. Stryker announces the publication of the DAWN trial results in the New England Journal of medicine. Stryker receives US FDA HDE approval for the NEUTRO Atlas Stent System to treat wide-neck aneurysms.

South Korea Surgery Market Research Report includes:

  • An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
  • To have complete market analysis through industry value chain analysisPorter’s fivePESTLESWOT analysis, and Y-o-Y analysis.
  • Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on YearOnYear
  • Finding DROC in the current market and their impact in altering the market dynamics.
  • Competitive landscape analysis to find the merger and acquisition which will have a comparative financial analysis with significant competitors.
  • Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
  • Due to the high occurrence of the obesity cases, Australia bariatric surgery Market has the most substantial growth. Find the latest developments, market shares and strategies that are employed by the major market players, such as
  • ALLERGAN
  • GI DYNAMICS
  • MEDTRONIC
  • Johnson & Johnson
surgery devices. South Korea
South Korea Bariatric Surgery Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
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South Korea Bariatric Surgery Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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