Global Market Study on Obesity Surgery Devices - Size, Share, Trend, Analysis, 2020

Global Market Study on Obesity Surgery Devices - Size, Share,

Trend Analysis, 2020

Persistence Market Research

Global Obesity Surgery Devices Market Will

Reach $2,489.5 Million in 2020 - Persistence

Market Research

Persistence Market Research

1

Global Market Study on Obesity Surgery Devices - Size, Share,

Trend Analysis, 2020

Persistence Market Research Released New Market Report “Global Market Study on

Obesity Surgery Devices: Asia-Pacific to Witness Highest Growth by 2020” the

global obesity surgery devices market was valued at USD 1,432.4 million in 2014 and is

expected to grow at a CAGR of 9.6% from 2014 to 2020, to reach an estimated value of USD

2,489.5 million in 2020.

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Globally, the obesity surgery devices market is witnessing significant growth due to

increasing obesity epidemic and increasing sedentary lifestyle and junk food habits.

Increasing prevalence of obesity among children and adults is posing a threat in both

developed and developing nations. Excess body weight directly contributes to increasing risk

of stroke, heart diseases, type-2 diabetes and some forms of cancer. Obesity surgery is a

broadly available treatment for persons with severe and complex obesity. However,

inadequate insurance coverage for the procedure and excessive cost of surgery often makes

it unaffordable. In addition, selective nature of obesity surgery, due to its complications,

restricts growth of obesity surgery devices market. The global obesity surgery device market

is estimated at USD 1,432.4 million in 2014. It is likely to grow at a CAGR of 9.6% from 2014

to 2020 to reach USD 2,489.5 million in 2020.

North America is facing serious public health problems due to obesity. The U.S. accounted

for 13% of obese persons worldwide in 2013. Similarly, according to the Centers for Disease

Control and Prevention (CDC), 24.5% of Americans were suffering from obesity in 2004 and

this increased to...