Regionally, the global bariatric surgery market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. North America industry is estimated to account for largest revenue share by 2036, propelled by high occurrence of obesity among population and increase in investments by leading players for developing innovative surgery devices. According to the data collected from the U.S. Centers for Disease Control and Prevention, the prevalence of obesity in the U.S. was 42.4% during 2017-18. Additionally, the prevalence of severe obesity during the same period increased from 4.7% to 9.2%.
Asia-Pacific region is projected to witness market growth at the highest rate over the forecast period owing to presence of large population vulnerable to obesity, advancing healthcare infrastructure, and growing per capita income levels. According to the WHO, almost half of the children under the age of 5 who were overweight or obese, globally, in 2019 lived in Asia.
Author Credits: Radhika Pawar
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