(Health-NewsWire.Net, September 21, 2018 ) Gastric band is a device placed around the upper part of the stomach to reduce the stomach size, thereby reducing the food intake by the patient. It is majorly used in gastric banding, a type of bariatric surgery for weight loss. Gastric banding offers various advantages such as no severe short term complications, minimally invasive procedure, and speedy recovery.
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Increasing prevalence of obesity, changing lifestyle, rising demand for weight loss surgeries among population, and technological advancement in medical devices are the major factors driving the growth of this market. New product development and increasing number of FDA approvals are anticipated to offer growth opportunities for gastric bands during the forecast period.
The "Global Gastric Bands Market Analysis to 2025" is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global gastric bands market with detailed market segmentation by type, end user, and geography. The global gastric bands market is expected to witness high growth during the forecast period. The gastric bands market report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The global gastric bands market is segmented on the basis of type and end user. Based on type, the market is segmented into adjustable gastric bands and non-adjustable gastric bands. On the basis of end user, the market is segmented into hospitals, ambulatory surgical centers, and others.
The gastric bands market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global gastric bands market based on type, and end user. It also provides market size and forecast till 2025 for overall gastric bands market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 counties globally along with current trend and opportunities prevailing in the region.
North America dominates the gastric bands market. This is primarily attributed to the increasing demand for minimally invasive surgical procedures, rising importance of health management, and huge population base with chronic disease. As per The American Society for Metabolic and Bariatric Surgery (ASMBS), in 2016, nearly 216,000 bariatric surgeries were performed in the U.S. out of which 3.4% were gastric bands. Asia Pacific is expected to witness significant growth rate during the forecast period. The increasing rate of obesity and diabetes and rising awareness about treatment options for weight management are the major factors to drive the growth of the Asia Pacific market in coming years.
The gastric bands market report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
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The gastric bands market report also includes the profiles of key gastric bands manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Some of the key players influencing the gastric bands market are Cousin Biotech, Helioscopie Ethicon USA, LLC, Apollo Endosurgery, Inc., Medtronic, TransEnterix Surgical, Inc, A.M.I. GmbH, Bariatric Partners, Inc., Murfreesboro Surgical Specialists, PLLC, and Obtech Medical AG among others.
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