With more than 72 million Americans being obese and another 24 million having severe obesity, one would expect weight loss (bariatric) surgery to be a huge and growing market. Well, yes and no. The market is worth a significant $4.9 billion, but only 199,000 Americans get the surgery each year, due to the high cost of the procedure (avg. $25,000) and denial of coverage by many insurers. This is a completely updated analysis of the U.S. medical weight loss surgery market.
The report includes: dollar value & growth of the market from 1992 to a 2020 forecast, definition of the types and volume of surgeries performed to 2015, why demand has grown, who qualifies, the latest market trends and developments (FDA approval of Orbera gastric balloon device), how demand is affected by the economy, insurance coverage/the ACA, outcome data, the role of liaison firms (The Wish Centers, Barix Clinics, Liv-Lite, Journey Lite), avg. cost of surgery, patient demographics (by race, age, gender, BMI), Medicare, CDC and AHRQ data and survey findings, and a profile of bariatric surgeons and the ASMBS trade group.
Contains an Overview and summary of the Total weight loss market, with a discussion of major market developments and performance during the 2015 and 2016 “diet seasons”, historical 1989-2015 value of all weight loss market segments.
1. Overview of the Total U.S. Weight Loss Market
- Discussion of diet market mega-trends: shift from diet products to services, medical
- programs gain momentum under ACA, what’s wrong with commercial chains, importance
- of counselors, franchising pros & cons, consumer clean eating trend, move to retail outlets
- Performance of 2015 & 2016 diet seasons, discussion of rise of MLM firms, DIY trends, company programs, competition from apps, advertising strategies
- 2016 market forecasts and trends
- Summary of major market developments & trends of 2013-2016
- $ size of market and its 9 segments, forecasted 2015-2019 growth rates for segments
- 2013-2015 $ value of diet products vs. services
- Historical market revenues $ size, by segment: 1989-2015
2. The Weight Loss (bariatric) Surgery Market
- Discussion of gastric bypass & lap band procedures, why demand has grown strongly
- Market status report, 2014-2015 estimated surgeries, 2016 & 2020 forecasts
- FDA approval of gastric balloon device by Apollo Endosurgery (Orbera) – technical trends
- List of surgery device manufacturers costs per surgery by type payor, pros/cons, who qualifies
- Effect of Obamacare on coverage by 23 state exchanges
- Surgery mkt. smaller than thought – better data from government/AHRQ data proves
- 2009-2012 decline, revisions of prior estimates based on ASMBS estimates
- Surgery utilization and outcomes, mean cost per surgery, operations for Medicare patients
- Historical & Forecasted Market Size, Growth, Outlook
- Major insurers’ coverage today, ASMBS lobbying efforts, Medicare position
- Role of liaison firms (The Wish Centers, Barix Clinics, Liv-Lite, Journey Lite addresses)
- Mean avg. cost of surgery.
- Types of surgery: Roux-en-Y, lap banding, minigastric bypass, sleeve, consumer pros/cons
- Patient demographics: by race, age, gender, BMI (BOLD database)
- Table: No. of bariatric surgeries performed: 1992-2020 F
- Table: $ value of the market: 1992-2020 F, 4-year outlook
- Associations: ASBS, Obesity Action Coalition, increased lobbying efforts.
3. Reference Directory of weight loss industry sources