Europe Bariatric Surgery Market Forecast 2019-2028
The Europe bariatric surgery market is estimated to grow at a CAGR of 9.26% over the forecast period of 2019-2028. The rising burden of obesity is boosting the market growth in the region.
The Europe bariatric surgery market research comprises the market assessment of countries of Russia, Italy, the UK, Belgium, Germany, Poland, France, and the rest of Europe that includes Spain, Finland, Netherlands, Sweden, Austria, Czech Republic, Greece, Switzerland,, Portugal, and Bulgaria. In Russia, according to an article in 2018, obesity has increased by 45.5% in five years, 2011-2016. Furthermore, as per WHO estimates, 60% of the Russian population is overweight, 20% of whom are obese. Children under 14 years of age are increasingly being diagnosed as obese, and the number of overweight children has burgeoned by 30% since 2005. Belgium is one of the most preferred medical tourism destinations for bariatric surgery patients in Europe. Medical tourists have been traveling across the borders for weight-loss surgery in Belgium due to low-costs, and minimally invasive surgeries.
In countries like Poland, obesity in males increased from 14.8% in 1997 to 23.7% in 2016, growing at an annual rate of 2.51%. Overweight and obesity propensity is also increasing among children. An unhealthy diet and lack of physical activity have contributed to these trends. The Netherlands has one of the lowest rates of obesity in Europe. Bariatric procedures increased extraordinarily in the 90s, and DATO was established in 2014 to improve the quality of bariatric surgery. Switzerland has developed bariatric surgery in the last 30 years, offering gastric band, sleeve gastrectomy, gastric bypass, and many more. The bariatric surgeons are well-equipped with the latest technologies of laparoscopic surgery. In Spain, there is an increasing prevalence of childhood obesity and overweight despite a good diet. All these factors cumulatively are stimulating market growth in the region.
Some of the esteemed players operating in the market are Allergan inc, B. Braun MELsungen AG, Abbott Laboratories, Medtronic Public Limited Company, Lupin Ltd, etc.
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