The latest industry research report on Sleeve Gastrectomy Devices by MRC provides a thorough analysis of the Sleeve Gastrectomy Devices market. The report scrutinizes the market by different segments including regions, applications, competitive landscape, etc. over the predicted time frame. This report provides 360 Degree perspective of the Sleeve Gastrectomy Devices industry with an all-inclusive discussion of definitions, classifications, and market players in the industry chain structure. It features qualitative and quantitative analysis of the industry taking into consideration the significant development factors, competition in the market, and important reasons impacting the market growth.
Technavio Announces the Publication of its Research Report – Global Sleeve Gastrectomy Devices Market 2017-2021
Technavio recognizes the following companies as the key players in the global sleeve gastrectomy devices market: Johnson & Johnson Services and Medtronic
Other Prominent Vendors in the market are: Baxter, Changzhou Ankang Medical Instruments, Dextera Surgical, Grena, MID, and Silex Medical.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Rise in medical tourism. Medical tourism is one of the most potent drivers in the global sleeve gastrectomy devices market. The high procedure cost of the sleeve gastrectomy procedures in the developed countries such as the US, Germany, France, and Canada created a demand for medical tourism in the market. Medical tourism helps in generating high revenue for the developing economies such as India, Italy, and Thailand. The sleeve gastrectomy procedures are low-cost procedures compared with the other bariatric procedures such as gastric bypass surgical procedures.”
Get sample copy of this report @ https://marketreportscenter.com/request-sample/562214Technavio recognizes the following companies as the key players in the global sleeve gastrectomy devices market: Johnson & Johnson Services and Medtronic
Other Prominent Vendors in the market are: Baxter, Changzhou Ankang Medical Instruments, Dextera Surgical, Grena, MID, and Silex Medical.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Rise in medical tourism. Medical tourism is one of the most potent drivers in the global sleeve gastrectomy devices market. The high procedure cost of the sleeve gastrectomy procedures in the developed countries such as the US, Germany, France, and Canada created a demand for medical tourism in the market. Medical tourism helps in generating high revenue for the developing economies such as India, Italy, and Thailand. The sleeve gastrectomy procedures are low-cost procedures compared with the other bariatric procedures such as gastric bypass surgical procedures.”
According to the report, one of the major drivers for this market is Increasing demand for MI procedures in outpatient facilities. The rising incidence of obesity and metabolic conditions such as Type-2 diabetes have increased the demand for MI bariatric surgeries such as sleeve gastrectomy in the market. Laparoscopic sleeve gastrectomy surgeries can be performed in the outpatient facilities. For this procedure, the patient is required to stay in the ASC for less than 24 hours. However, for some complicated cases, the stay can increase to 2-3 nights. The adoption of gastric band devices is low due to the presence of non-invasive procedures such as intragastric balloon and MI procedures such as sleeve gastrectomy in the market. However, owing to the better clinical effectiveness, there is a rising demand for sleeve gastrectomy devices in the market.
Further, the report states that one of the major factors hindering the growth of this market is Lack of reimbursement. There are limited reimbursements for the sleeve gastrectomy devices in the market, which hampers their adoption. Developed countries such as publicly funded Canada and the US provide medical coverage to the patients undergoing sleeve gastrectomy. In the US, the CMS covers only 20% of the total bariatric cost. Also, the waiting time to conduct bariatric surgery in Canada and the UK is high, which impacts the market growth. In Brazil, total costs of medications and examinations due to RYGB and sleeve gastrectomy decrease progressively with years after surgery. In Spain, the clinical pathway for bariatric surgery, hospitalization complication rates were reduced by 25% and admission costs were reduced by 14%. In France, Germany, Austria, and Italy bariatric surgery was more cost-effective over a five-year period than standard medical management of Type-2 diabetes. In Canada, Finland, and Portugal bariatric surgery was found to be more cost-effective than conventional procedures.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Sleeve Gastrectomy Devices
Sleeve gastrectomy is the surgical weight loss procedure, in which about 15% of the stomach size is reduced resulting in low appetite for patients. Based on product, the market is segmented into tissue closure devices, and dissection and positioning devices. The global sleeve gastrectomy devices market is expected to grow at a high growth rate during the forecast period due to the rising awareness about obesity treatments and advances in MI procedures and their efficacy. However, complications associated with the procedure, lack of reimbursement, and the inclination of medical professionals toward other bariatric surgical procedures hinder the market growth. Obesity is a growing concern, which is increasing the demand for surgical weight loss procedures. Laparoscopic bariatric surgery has a growing demand in the market, owing to minimal incision, medical tourism, and less cost burden on patients in emerging economies.
Technavio’s analysts forecast the global sleeve gastrectomy devices market to grow at a CAGR of 13.53% during the period 2017-2021 .
Covered in this report
The report covers the present scenario and the growth prospects of the global sleeve gastrectomy devices market for 2017-2021 . To calculate the market size, the report considers the sales/volume/value of sleeve gastrectomy devices.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Sleeve Gastrectomy Devices Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Johnson & Johnson Services
• Medtronic
Other prominent vendors
• Baxter
• Changzhou Ankang Medical Instruments
• Dextera Surgical
• Grena
• MID
• Silex Medical
Market driver
• Increasing demand for MI procedures in outpatient facilities
• For a full, detailed list, view our report
Market challenge
• Lack of reimbursement
• For a full, detailed list, view our report
Market trend
• Growing use of robotic systems in sleeve gastrectomy procedures
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Further, the report states that one of the major factors hindering the growth of this market is Lack of reimbursement. There are limited reimbursements for the sleeve gastrectomy devices in the market, which hampers their adoption. Developed countries such as publicly funded Canada and the US provide medical coverage to the patients undergoing sleeve gastrectomy. In the US, the CMS covers only 20% of the total bariatric cost. Also, the waiting time to conduct bariatric surgery in Canada and the UK is high, which impacts the market growth. In Brazil, total costs of medications and examinations due to RYGB and sleeve gastrectomy decrease progressively with years after surgery. In Spain, the clinical pathway for bariatric surgery, hospitalization complication rates were reduced by 25% and admission costs were reduced by 14%. In France, Germany, Austria, and Italy bariatric surgery was more cost-effective over a five-year period than standard medical management of Type-2 diabetes. In Canada, Finland, and Portugal bariatric surgery was found to be more cost-effective than conventional procedures.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Sleeve Gastrectomy Devices
Sleeve gastrectomy is the surgical weight loss procedure, in which about 15% of the stomach size is reduced resulting in low appetite for patients. Based on product, the market is segmented into tissue closure devices, and dissection and positioning devices. The global sleeve gastrectomy devices market is expected to grow at a high growth rate during the forecast period due to the rising awareness about obesity treatments and advances in MI procedures and their efficacy. However, complications associated with the procedure, lack of reimbursement, and the inclination of medical professionals toward other bariatric surgical procedures hinder the market growth. Obesity is a growing concern, which is increasing the demand for surgical weight loss procedures. Laparoscopic bariatric surgery has a growing demand in the market, owing to minimal incision, medical tourism, and less cost burden on patients in emerging economies.
Technavio’s analysts forecast the global sleeve gastrectomy devices market to grow at a CAGR of 13.53% during the period 2017-2021 .
Covered in this report
The report covers the present scenario and the growth prospects of the global sleeve gastrectomy devices market for 2017-2021 . To calculate the market size, the report considers the sales/volume/value of sleeve gastrectomy devices.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Sleeve Gastrectomy Devices Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Johnson & Johnson Services
• Medtronic
Other prominent vendors
• Baxter
• Changzhou Ankang Medical Instruments
• Dextera Surgical
• Grena
• MID
• Silex Medical
Market driver
• Increasing demand for MI procedures in outpatient facilities
• For a full, detailed list, view our report
Market challenge
• Lack of reimbursement
• For a full, detailed list, view our report
Market trend
• Growing use of robotic systems in sleeve gastrectomy procedures
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Check Discount on Report @ https://marketreportscenter.com/request-discount/562214
The research report focuses on the analysis of its major geographies, and different segments. This all-inclusive study discusses the current market development and trends, important factors driving market growth like drivers, restraints, market projections, and market structure for each region and its sub-segments. It also provides glimpses on the recent technological advancements in the market along with detailed profiles of key industry players. The report also includes an analysis of the micro and macro aspects noteworthy for the present active and the new entities apart from the study of the value chain.
Key Topics Covered in the Report:- Comprehensive overview of parent market with market definition, classification
- Recognition of factors influencing the market scenarios and analysis of market drivers, barriers, and their impact on the market growth
- Current and future market trends, market scope and detailed market segmentation on the basis of application, region, and competitive scenario
- Value Chain Analysis, Strategic insights, and market estimations
- Technology, trends, developments, and changing market dynamics of the Cannabis Testing industry
- Facts, stats, historical data, market size forecast regarding volume and value
- Analysis of competitive landscape and assessments on a regional scale with company profiles of leading market players, finance metrics, product offerings and key business strategies and growth prospects for the projected period
- Insights on prospective opportunities and challenges, success and risk
The report brings to your attention analysis of the Sleeve Gastrectomy Devices market in major geographies including North America, Europe, the Asia-Pacific, and the Rest of the World. This research report provides a complete insight of the market trends and guides in making informed business decisions. It gives a clear understanding of the competitive environment, key market players, their portfolio, and strategies. It also features a technological growth map over a time and helps understand its impact on the market.
Report Details @ https://marketreportscenter.com/reports/562214/global-sleeve-gastrectomy-devices-market-2017-2021
Market Scope
The research report takes different facets into consideration to scrutinize the Sleeve Gastrectomy Devices industry. It brings to your attention market overview, market trends and future outlook, market growth and dynamics, market challenges and opportunities, competitive landscape, and potential investment segment.
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