Rising obesity in the country is driving the growth of Saudi Arabia Bariatric Surgical Devices Market, in the forecast period, 2022-2026.
According to TechSci report on, “Saudi Arabia Bariatric Surgical Devices Market By Type (Implantable Devices v/s Assisting Devices), 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, Competition Forecast & Opportunities, 2026”, Saudi Arabia bariatric surgical devices market has shown promising growth in historical years until 2019 and is expected to continue its growth in upcoming forecast years 2021 to 2026. Saudi Arabia bariatric surgical devices market owes its growth to the factors like increasing demand for the efficient treatment for various diseases. Increasing instances of chronic diseases like obesity, cardiovascular diseases, etc. is further supporting the growth of the Saudi Arabia bariatric surgical devices market in the upcoming five years. Expanding healthcare services and the availability of the free healthcare facilities for the citizen of the Kingdom of Saudi Arabia is also supporting the growth of the Saudi Arabia bariatric surgical devices market in the next five years. Government and private funding are sustaining the futuristic growth of the healthcare sector in the country and thus further substantiating the growth of the Saudi Arabia bariatric surgical devices market in the future five years. Rising geriatric population is also more susceptible to weak immune system and thus demand better patient care thus aiding the growth of the Saudi Arabi bariatric surgical devices market in the forecast period. Furthermore, consistent research and technological advancement to launch more effective surgical devices and introduce innovative ideas, the Saudi Arabia bariatric surgical devices market ins expected to register robust growth in the future five years, until 2026.
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The Saudi Arabia bariatric surgical devices market segmentation is based on type, procedure, end user, competitional landscape, and regional distribution. Based on type, the market is divided between implantable devices and assisting devices. Implantable devices are further segmented into gastric bands, electrical stimulators, gastric balloons, and others. Implantable devices are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the account of rapidly increasing technological advancement and increasing researches. The surging demand for the artificial medical devices that are implanted during surgeries to compensate for the malfunctioning organs is anticipated to further support the futuristic growth of the Saudi Arabia bariatric surgical devices market in the next five years. Assisting devices are further bifurcated into stapling devices, suturing devices, trocars, energy based vessel sealing devices, and others. Bariatric surgical assisting devices are anticipated to register significant growth in the upcoming five years on the account of increasing advancement in the medical devices. Moreover, the technical advances provided by the assisting devices, aids the surgeons and enhances their efficiency to perform the surgeries well, and thus drives the growth of the Saudi Arabia bariatric surgical devices market in the next five years.
A partial list of market players functioning in the Saudi Arabia bariatric surgical devices market in the forecast years include,
· Johnson & Johnson
· Medtronic Plc
· Apollo Endosurgery Saudi Arabia
· B. Braun Medical Saudi Arabia
· Conmed Corporation Saudi Arabia
· Stryker Saudi Arabia
· Becton Dickinson and Company Saudi Arabia
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“Well-established healthcare facilities in the Kingdom of Saudi Arabia are free of cost for their citizens. The utmost consideration and care given to the patient drives the growth of the healthcare sector in the country. Increasing instances of bariatric surgeries is further driving the growth of the Saudi Arabia bariatric surgical devices market in the upcoming five years.
Based on end user, the market fragmentation involves hospital & clinic uses, specialized bariatric center uses, among others. Hospitals and clinics are anticipated to register largest revenue shares of the market and dominate the market segment in the upcoming five years on the backbone of increasing dependency on the hospitals and clinics for the bariatric surgeries. Increasing cases of obesity, and cardiovascular conditions that demand urgent surgeries are further aiding the growth of the Saudi Arabia bariatric surgical devices market in the future five years. New market players may invest in their future researches and technologically advanced surgical devices such that innovative products can be launched, and it may also help in their brand establishment,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Bariatric Surgical Devices Market By Type (Implantable Devices v/s Assisting Devices), 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, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of Saudi Arabia bariatric surgical devices market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge 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 Saudi Arabia bariatric surgical devices market.
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