Germany Bariatric Surgery Devices Market Report 2023 to 2030

Germany Bariatric Surgery Devices Market Analysis

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The Germany Bariatric Surgery Devices Marketwas valued at $97.4 Mn in 2023 and is projected to grow at a CAGR of 3.4% from 2023 to 2023, to $123 Mn by 2030. Major factors driving the market for bariatric surgical devices include the rising incidence of adult obesity brought on by altered lifestyle patterns and excessive calorie consumption. The demand for bariatric operations is also anticipated to rise over the forecast period due to increased government backing and growing public awareness of the market's unhealthy food and beverage offerings and how they affect BMI, thus driving the market growth of the Bariatric Surgery Devices. The prominent players in the market are Cook Medical, Intuitive Surgicals, Medtronic, B. Braun, Johnson & Johnson among others.

ID: IN10DEMD028 CATEGORY: Medical Devices GEOGRAPHY: Germany AUTHOR: Mahima Reddy

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Germany Bariatric Surgery Devices Market Executive Summary

The Germany Bariatric Surgery Devices Market is at around $97.4 Mn in 2023 and is projected to reach $123 Mn in 2030, exhibiting a CAGR of 3.4% during the forecast period 2023-2030.

Making modifications to your digestive system in order to aid in weight loss is the goal of gastric bypass and other weight-loss surgeries, also referred to as bariatric or metabolic surgery. When diet and exercise have not resolved your weight-related health issues, bariatric surgery is performed. Certain diet plans restrict the amount of food you can consume. Some functions through diminishing the body's capacity to assimilate calories and fat. Certain techniques provide both functions. All types of weight-loss surgery are serious procedures with potential dangers and adverse effects, even though bariatric surgery can have many positive consequences. To assist guarantee the long-term effectiveness of bariatric surgery, you also need to engage in regular exercise and make long-term, healthy dietary modifications. Bariatric surgery is performed to help you lose excess weight and lower your risk of potentially fatal weight-related health issues, such as: heart disease, stroke, high blood pressure, high cholesterol, non-alcoholic steatohepatitis (NASH), sleep apnoea, type 2 diabetes, and some cancers, such as breast, endometrial, and prostate cancer.

In 2023, there were over 11.52 Mn people in Germany who were overweight and 8.7 Mn who were obese. The prevalence of obesity among women is 18.9% and men is 28.4%. Therefore, the market is driven by various factors such as increasing demand for minimally invasive surgeries, rising incidence of obesity, technological advancements, rising awareness about bariatric surgery.

The prominent players in the market are Cook Medical, Intuitive Surgicals, Medtronic, B. Braun, Johnson & Johnson, Pentax Medical among others.

Germany Bariatric Surgery Devices Market Report 2023 to 2030

Market Dynamics

Market Drivers

Increasing Obesity Cases and Subsequent Rise in Bariatric Surgeries: The prevalence of obesity in Germany has been increasing, leading to a growing demand for effective weight loss treatments like bariatric surgeries. For instance, in 2023, there were over 11.52 Mn people in Germany who were overweight and 8.7 Mn who were obese. The prevalence of obesity among women is 18.9% and men is 28.4%. Bariatric surgeries have become more common in Germany as an effective treatment for severe obesity, resulting in significant weight loss and improved health outcomes.

Growing Adoption of Minimally Invasive Bariatric Surgery Techniques: Minimally invasive bariatric surgery techniques, such as laparoscopic procedures, are becoming more popular in Germany due to their reduced recovery times and lower risk of complications. The increasing use of these minimally invasive techniques is driving the demand for specialized bariatric surgery devices in the German market.

Increasing Investments and Advancements in Bariatric Surgery Devices: Companies are investing heavily in R&D to create new and improved bariatric surgery devices in Germany. Technological advancements are leading to more effective and safer bariatric surgery devices, further driving market growth.

Market Restraints

Uncertain Regulatory Environment for Medical Devices: The regulatory environment for medical devices in Germany can be uncertain, with unclear or changing guidelines, leading to delays in the approval process for new bariatric surgery devices. This regulatory uncertainty hinders the growth of the bariatric surgery devices market in Germany.

High Cost of Bariatric Surgery Procedures: Bariatric surgery procedures in Germany can be expensive, making them inaccessible to many patients. This cost barrier limits the adoption of these procedures and the associated devices in the German market.

Postoperative Challenges Associated with Bariatric Surgeries: Bariatric surgeries in Germany are associated with complications, such as leaks, bleeding, and infections, as well as potential issues like malnutrition. These postoperative challenges can deter patients from undergoing bariatric surgeries, restraining the growth of the devices market.

Regulatory Landscape and Reimbursement Scenario

The Federal Institute for Drugs and Medical Devices (BfArM) oversees the approval and safety of medical devices, including those used in bariatric surgery. The German Institute for Medical Documentation and Information (DIMDI) manages the classification and coding of medical devices. For reimbursement decisions, the Federal Joint Committee (G-BA) plays a crucial role, determining which treatments and devices are covered by statutory health insurance. The Institute for Quality and Efficiency in Health Care (IQWiG) conducts health technology assessments, providing evidence-based evaluations to support G-BA decisions. The German Hospital Federation (DKG) negotiates reimbursement rates with health insurance funds. Additionally, the Medical Device Law (MPG) implements EU regulations, while the Federal Association of Statutory Health Insurance Funds (GKV-Spitzenverband) represents the interests of health insurers in negotiations and policy-making.

Competitive Landscape

Key Players

Here are some of the major key players in the Germany Bariatric Surgery Devices Market:

Cook Medical
Intuitive Surgical Inc
Medtronic PLC
Pentax Medical
Johnson and Johnson (Ethicon Inc)
Apollo Endosurgery, Inc
Olympus Corporation
Conmed Corporation
B. Braun Melsungen AG
Conmed Corporation

1. Executive Summary
1.1 Device Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Regulatory Landscape for Medical Device
1.6 Health Insurance Coverage in Country
1.7 Type of Medical Device
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Germany Bariatric Surgery Devices Market Segmentation

By Products

Minimally invasive surgical devices
- Stapling Devices
- Vessel-sealing devices
- Suturing devices
- Others
Non-invasive surgical devices

By Procedure

Sleeve gastrectomy
Gastric bypass
Revision bariatric surgery
Non-invasive bariatric surgery
Adjustable gastric banding
Others

End Users

Hospitals
Ambulatory surgical centers
Specialty Clinics

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

Analyzing historical proprietary data collected from multiple projects.
Regularly updating our existing data sets with new findings and trends.
Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

Searching through academic conferences, published research, citations, and social media platforms
Collecting and compiling diverse data to build a comprehensive and detailed database
Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
Continuously refreshing our database to ensure that the information remains current and reliable.
Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

Merging historical data from secondary research with real-time data from primary research.
Conducting thorough data validation and cleansing to remove inconsistencies and errors.
Organizing data into a structured format that is easily accessible and usable for various applications.
Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.