Global Adjustable Gastric Banding Market: Snapshot

Adjustable laparoscopic gastric banding has gained currency in populations for whom other non-surgical interventions to reduce obesity have not shown results, or the results are not consistent over a period of time. The adjustable gastric banding had seen growing acceptance as an outpatient procedure. They are used in patients with severe obesity or those with BMI of 30 or more but with several comorbidities such as diabetes, cardiovascular conditions, and sleep apnea.

However, the market may have suffered due to several factors. Firstly, those undergoing adjustable gastric banding must complement by following dietary guidelines, Secondly, in many cases, frequent post-surgery visits may be needed. And, most importantly, the surgery may fail to show outcome due to various reasons; short-term complications are also a significant concern. Most importantly, over the past few years, finding suitable candidates for surgery in the adjustable gastric banding market may be plainly ineffective.

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Global Adjustable Gastric Banding Market: Growth Dynamics

Growing demand for bariatric surgeries, especially in developed nations, is a key factor underpinning the evolution of the adjustable gastric banding market. Growing awareness of the minimal risk involved in this type of bariatric surgery is also boosting the market. This is because numerous aspects make the surgery minimally invasive and hence attractive for patient populations around the world. Obesity has put a huge burden on the primary health care in several countries across the world.

Over the past few years, the market has gained momentum from the regulatory impetus, especially from the approval of the procedure from the Food and Drug Administration and the U.K. NICE guidelines. The most attractive proposition boosting the demands in the adjustable gastric banding market are that the procedure doesn’t appear to alter the digestive capability of the body of the patient. This is due to the fact that the process doesn’t involve stapling of the stomach and bowel.

Global Adjustable Gastric Banding Market: Notable Developments

Expanding options for surgical management of morbid obesity in patients has made a large bearing on the growth trajectories of the adjustable gastric banding market, and will continue to define its contours. However, weight loss surgery in adults hasn’t receive adequate attention for researchers to come with a potential review of the outcomes and side-effects in patients. This in a way has also hindered finding the most suitable candidates for adjustable gastric banding.

One of the areas that have seen notable advancement in the adjustable gastric banding market are on the back of research and studies to help surgeons decide the laparoscopic lap band placement. This has led to the advent of pars flaccida technique. Researchers in recent years have conducted systematic review of pars flaccida technique and have demonstrated improvements in them. One way they achieved this is by reducing the chance of band slippage. Numerous studies have also focused on improving placement of the gastric band. 

Some of the key companies incessantly working toward consolidating their positions are:

  • ReShape Lifesciences
  • Mediflex Surgical Product
  • Intuitive Surgical
  • SpatzFgia
  • Ethicon
  • Apollo Endosurgery

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Global Adjustable Gastric Banding Market: Regional Assessment        

Among the various regional markets, the adjustable gastric banding market is witnessing sizable prospects in North America, Europe, and Asia Pacific. North America with a robust health care paradigm and a large patient pool has been contributing large streams of revenues in the global market. On the other hand, extensive studies has been made by researchers in the region to understand the banding technique and the complications associated with the procedure. This has considerably expanded the prospects over the past few years.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 

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Adjustable Gastric Banding Market

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