UAE Bariatric Surgical Devices Market to grow at a CAGR of 6.12% to 2029
Increasing healthcare infrastructure and a supportive regulatory environment are the major drivers for the UAE Bariatric Surgical Devices Market.
According to TechSci Research report, “UAE
Bariatric Surgical Devices
Market Industry Size, Share,
Trends, Competition, Opportunity and Forecast, 2019-2029”, UAE Bariatric Surgical Devices Market
has valued at USD 22.37 million in 2023 and is anticipated to witness an
impressive growth in the forecast period with a CAGR of 6.12% through 2029.
This can be due to collaborations
and partnerships among leading companies with a diverse approach to merge the
expertise of individual companies and to strengthen their position.
Lifestyle factors and changing health
behaviors contribute to an increased demand for bariatric procedures, and
consequently, the associated devices. Changes
in lifestyle, including sedentary behaviors and unhealthy dietary habits, have
contributed to a global increase in obesity rates. As individuals struggle with
severe obesity and related health issues, there is a growing demand for
effective interventions, including bariatric surgery. Lifestyle changes often
involve a shift towards convenient, calorie-dense foods that contribute to
weight gain. This trend, combined with a decreased emphasis on physical
activity, can lead to an increased prevalence of obesity, driving the demand
for bariatric interventions.
Changes in lifestyle patterns due to
globalization and urbanization, including the availability of processed foods
and sedentary occupations, contribute to the obesity epidemic. The resulting
health challenges increase the demand for bariatric interventions. Individuals who have made concerted
efforts to lose weight through lifestyle modifications, diet, and exercise but
have not achieved significant results may turn to bariatric surgery. This group
contributes to the demand for surgical interventions and, consequently, the
devices used in these procedures.
Browse over XX market data Figures and spread through XX Pages and an in-depth TOC on " UAE Bariatric Surgical Devices Market.”
In July 2023, Cleveland
Clinic Abu Dhabi, a company under Mubadala Investment Company, has achieved a
significant milestone with its Bariatric Surgery Program surpassing 3,200
surgeries since its initiation in 2017. As global obesity rates have nearly
tripled in the last 50 years, bariatric surgery is increasingly recognized as a
successful, enduring solution for individuals struggling with weight loss
through other methods. The World Health Organization reports that over one
billion people worldwide are obese, with the UAE National Health Survey
(2017-18) indicating a 27 percent obesity rate among respondents, predominantly
in the 30-44 age group. Despite numerous weight loss options, maintaining a
healthy weight post-bariatric surgery is acknowledged as a challenge. Cleveland
Clinic Abu Dhabi's Bariatric Surgery Program aims to offer a lasting solution
for significant weight loss, accompanied by transformative health benefits such
as type 2 diabetes remission, enhanced heart health, alleviation of depression,
relief from joint pain, and increased fertility. Surpassing 3,200 surgeries
underscores Cleveland Clinic Abu Dhabi's commitment to clinical excellence,
positioning bariatric surgery as an effective treatment for obesity and its
associated comorbidities.
The high
costs associated with bariatric surgical procedures and devices can indeed
present a significant challenge in the UAE Bariatric Surgical Devices Market.
The
cost of bariatric surgery, including surgical devices, can be a barrier for
individuals seeking treatment. High out-of-pocket expenses, especially if not
covered by insurance, may limit the accessibility of bariatric procedures for a
significant portion of the population. While some insurance plans may cover
bariatric surgeries, coverage limitations, high deductibles, or exclusions can
result in additional financial burdens for patients. Insufficient coverage may
deter individuals from pursuing surgical interventions. The costs
associated with bariatric surgical devices, such as staplers, energy devices,
and implantable devices, contribute to the overall expenses of the procedure.
Device manufacturers' pricing structures and the need for specialized equipment
can drive up the total cost of surgery. Surgeon fees, anesthesiologist fees,
and other professional charges associated with bariatric procedures contribute
to the overall cost. The expertise required for bariatric surgery may result in
higher professional fees.
UAE Bariatric Surgical
Devices Market is segmented based on Type, Procedure, End User, and by region.
Based on the Procedure, UAE
Bariatric Surgical Devices
Market is segmented into Adjustable Gastric Banding, Roux-en-Y Gastric Bypass,
Sleeve Gastrectomy (SG), One Anastomosis Gastric Bypass (OAGB), and Others. Roux-en-Y
Gastric Bypass (RYGB) is a common type of bariatric surgery, which is a weight
loss surgery designed to help individuals with severe obesity achieve
significant and sustainable weight loss. The procedure involves creating a
small stomach pouch and rerouting a portion of the small intestine. Patients undergoing
Roux-en-Y Gastric Bypass are required to make significant lifestyle changes,
including adopting a nutrient-dense diet, regular physical activity, and
adherence to postoperative guidelines. Roux-en-Y Gastric Bypass is associated
with significant and rapid weight loss, as well as improvements in
obesity-related comorbidities such as type 2 diabetes, hypertension, and sleep
apnea. It is a major surgical procedure and carries potential risks and
complications, including those associated with any abdominal surgery.
Based on Region, Abu Dhabi region held the largest share
in the UAE Bariatric
Surgical Devices Market.
Abu Dhabi's access to financial
resources and investments in healthcare could lead to better-equipped
facilities and the adoption of the latest technologies in bariatric surgery.
This can make the region more attractive for both local and international
patients. Greater awareness and education about the benefits of bariatric
surgery in Abu Dhabi may result in a higher acceptance of these procedures
among the local population. Collaborations between healthcare institutions,
research centers, and industry players in Abu Dhabi may foster innovation and
advancements in bariatric surgical devices, further enhancing the region's
dominance in the market.
Some of the major companies operating in
the UAE Bariatric
Surgical Devices Market include:
- Johnson
& Johnson Middle East FZ-LLC
- Medtronic
Meta FZ-LLC
- B. Braun
Medical Gulf FZ-LLC
- Conmed
Corporation UAE
- Stryker
ESCS BV
- Becton
Dickinson and Company UAE
- Olympus
MEA FZ-LLC
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“Certain areas,
particularly in Dubai, are projected to exert significant demand for Bariatric
Surgical Devices. The growth in the competitive landscape and the presence of
well-established companies in the market, committed to enhance the overall
wellbeing of people each year, are expected to contribute to a remarkable
growth of the UAE Bariatric Surgical Devices Market in the
forecast period," said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based Global management consulting firm.
UAE Bariatric Surgical
Devices Market by Type (Implantable Devices (Gastric Bands, Electrical
Stimulators, Gastric Balloons, Others}, Assisting Devices {Stapling Devices,
Suturing Devices, Trocars, Energy Based Vessel Sealing Devices, Others)),By
Procedure (Adjustable Gastric Banding, Roux-en-Y Gastric Bypass, Sleeve
Gastrectomy (SG), One Anastomosis Gastric Bypass (OAGB), Others), By End User
(Hospitals & Clinics, Specialized Bariatric Centers, Others), By Region, By Competition Forecast & Opportunities, 2019-2029F has evaluated the future growth potential of UAE
Bariatric Surgical Devices Market and provides statistics & information on
market size, structure, and future market growth. The report intends to provide
innovative market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in UAE Bariatric
Surgical Devices Market.
Contact
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Research LLC
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