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Mexico Bariatric Surgery Market - Growth, Trends, and Forecasts (2020 - 2025)

  • ID: 5174968
  • Report
  • August 2020
  • Region: Mexico
  • 75 pages
  • Mordor Intelligence
UP TO OFF
until Dec 31st 2020

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FEATURED COMPANIES

  • Apollo Endosurgery,Inc.
  • B. Braun Melsungen AG
  • ConMed Corporation
  • Intuitive Surgical Inc.
  • Johnson & Johnson
  • Medtronic Plc
  • MORE
The Mexico Bariatric Surgery Market is expected to grow during the forecast period. The major contributors in the market growth are the increasing burden of chronic diseases such as diabetes and heart diseases. Furthermore, the increase in the number of obese patients also helps in increasing the overall market.

According to the data of the International Diabetes Federation, 2020, the number of cases of diabetes in Mexico was recorded to be around 12,805,200. It constitutes about 15.2% of the total Mexican population. This is fueled by poor diets, high consumption of sugar, and lack of physical activity. As per the factsheet of the World Health Organization, approximately 90% of diabetic people are tending to suffer from overweight problems. Hence, the rising number of cases of diabetes is expected to increase the obesity that helps in increasing the demand for bariatric surgeries in Mexico. However, the high cost of these surgeries can hinder the market growth.

Key Market Trends

Closure Devices are Expected to Exhibit a Significant Growth Rate During the Forecast Period

Closure devices are used in bariatric procedures for reconnecting tissues and for the closing of incisions which are made through trocars. The growing cases of obesity are expected to increase the demand for these devices.

As per the data of Organisation for Economic Co-operation and Development, 2017, Mexico is the second highest obese country all around the world and by 2030 the number is expected to increase by 39%. Bariatric surgery is seen as one of the safest and stable methods to combat the morbidity of obesity, and closure devices play a crucial role in the surgical procedure. Therefore the improper closing of the incisions post-surgery can cause a hernia. Hence, the aforementioned factors are expected to drive market growth over the forecast period in this segment.

Competitive Landscape

Some of the major players in the Mexico Bariatric Surgery Market are Medtronic Plc, Johnson & Johnson, Apollo Endosurgery, Inc., Aspire Bariatrics, Intuitive Surgical Inc., Olympus Corporation, ReShape Lifescience Inc., Boston Scientific Corporation and the Cooper Companies.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Apollo Endosurgery,Inc.
  • B. Braun Melsungen AG
  • ConMed Corporation
  • Intuitive Surgical Inc.
  • Johnson & Johnson
  • Medtronic Plc
  • MORE
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increase in the Number of Obese Patients
4.2.2 Increasing Burden of Chronic Diseases such as Cardiovascular Diseases, Diabetes,etc.
4.3 Market Restraints
4.3.1 High Cost of Surgery
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Device
5.1.1 Assisting Devices
5.1.1.1 Suturing Devices
5.1.1.2 Closuring Devices
5.1.1.3 Stapling Devices
5.1.1.4 Trocars
5.1.1.5 Other Assisting Devices
5.1.2 Implantable Devices
5.1.2.1 Gastric Bands
5.1.2.2 Electrical Stimulation Devices
5.1.2.3 Gastric Balloon
5.1.2.4 Gastric Emptying
5.1.3 Other Devices

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Apollo Endosurgery,Inc.
6.1.2 B. Braun Melsungen AG
6.1.3 Boston Scientific Corporation
6.1.4 ConMed Corporation
6.1.5 Intuitive Surgical Inc.
6.1.6 Johnson & Johnson
6.1.7 Medtronic Plc
6.1.8 Olympus Corporation

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown

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  • Apollo Endosurgery,Inc.
  • B. Braun Melsungen AG
  • Boston Scientific Corporation
  • ConMed Corporation
  • Intuitive Surgical Inc.
  • Johnson & Johnson
  • Medtronic Plc
  • Olympus Corporation
Note: Product cover images may vary from those shown

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