| Product Code: ETC13180536 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Sleeve Gastrectomy Devices Market was valued at USD 2.2 Billion in 2024 and is expected to reach USD 3.3 Billion by 2031, growing at a compound annual growth rate of 5.90% during the forecast period (2025-2031).
The Global Sleeve Gastrectomy Devices Market is witnessing significant growth driven by the increasing prevalence of obesity and related health conditions. Sleeve gastrectomy is a minimally invasive procedure for weight loss and is gaining popularity due to its effectiveness and lower risk compared to traditional surgical methods. The market is characterized by a rising number of bariatric surgeries, advancements in surgical techniques, and the development of innovative devices such as staplers, trocars, and sutures specifically designed for sleeve gastrectomy procedures. North America dominates the market due to high obesity rates and well-established healthcare infrastructure, while the Asia Pacific region is expected to witness rapid growth due to increasing awareness about obesity management and rising healthcare investments. Key players in the global sleeve gastrectomy devices market include Medtronic, Johnson & Johnson, and B. Braun Melsungen AG.
The Global Sleeve Gastrectomy Devices market is witnessing a surge in demand due to the increasing prevalence of obesity and related health issues worldwide. Technological advancements in minimally invasive surgical techniques and the rising awareness about the benefits of sleeve gastrectomy procedures are driving market growth. Manufacturers are focusing on developing innovative devices that offer improved safety, efficiency, and patient outcomes. Additionally, the growing adoption of sleeve gastrectomy as a preferred bariatric surgery option and the rising healthcare expenditure in emerging markets present significant opportunities for market expansion. Key players in the industry are investing in research and development activities to introduce advanced products and gain a competitive edge in the market. Overall, the Global Sleeve Gastrectomy Devices market is poised for substantial growth in the coming years.
The Global Sleeve Gastrectomy Devices Market faces several challenges, including regulatory hurdles and reimbursement issues, as the procedure is relatively new compared to traditional weight loss surgeries. Additionally, the high cost of sleeve gastrectomy devices and procedures may limit their adoption, especially in developing regions with limited healthcare budgets. Another challenge is the lack of long-term data on the effectiveness and safety of these devices, leading to uncertainty among both patients and healthcare providers. Furthermore, competition from other weight loss interventions and devices poses a threat to the growth of the sleeve gastrectomy market. To overcome these challenges, continuous research, innovation, and collaboration between industry players, regulatory bodies, and healthcare providers will be crucial.
The global sleeve gastrectomy devices market is primarily driven by the increasing prevalence of obesity and related health conditions worldwide, leading to a growing demand for minimally invasive weight loss procedures. Additionally, the rising awareness about the effectiveness of sleeve gastrectomy in achieving long-term weight loss and improving overall health outcomes is driving the adoption of these devices. Technological advancements in sleeve gastrectomy devices, such as the development of new surgical techniques and materials, are also contributing to market growth. Furthermore, the reimbursement policies supporting bariatric surgeries and the expanding healthcare infrastructure in emerging economies are expected to further propel the market for sleeve gastrectomy devices in the coming years.
Government policies related to the Global Sleeve Gastrectomy Devices Market primarily focus on regulatory approval processes, quality standards, and reimbursement policies. Regulatory bodies such as the FDA in the United States and the European Medicines Agency (EMA) in the European Union have stringent requirements for the approval of sleeve gastrectomy devices to ensure their safety and efficacy. Manufacturers are required to comply with these regulations to bring their products to market. Additionally, government healthcare systems and private insurance companies have reimbursement policies in place to cover the cost of sleeve gastrectomy procedures for eligible patients, which can impact the adoption and utilization of these devices in different regions. Continuous monitoring and updates of these policies are essential to ensure the effective and safe use of sleeve gastrectomy devices in the market.
The Global Sleeve Gastrectomy Devices Market is expected to witness significant growth in the coming years due to the increasing prevalence of obesity and related health issues worldwide. Sleeve gastrectomy is gaining popularity as a minimally invasive surgical procedure for weight loss, driving the demand for devices used in these procedures. Technological advancements in sleeve gastrectomy devices, such as the development of new materials and improved designs, are anticipated to further propel market growth. Growing awareness about the benefits of sleeve gastrectomy in terms of long-term weight management and reduction of obesity-related comorbidities will also contribute to market expansion. Additionally, factors such as rising healthcare expenditure, increasing adoption of unhealthy lifestyles, and the surge in bariatric surgeries are expected to drive the growth of the global sleeve gastrectomy devices market in the foreseeable future.
The global sleeve gastrectomy devices market is witnessing significant growth across different regions. In Asia, the market is expanding rapidly due to the rising prevalence of obesity and related health issues, coupled with increasing adoption of minimally invasive surgical procedures. North America dominates the market, driven by the presence of well-established healthcare infrastructure, high healthcare expenditures, and a growing obese population. In Europe, the market is buoyed by the increasing awareness about the benefits of sleeve gastrectomy procedures and advancements in medical technology. The Middle East and Africa region is experiencing steady growth with a rising focus on improving healthcare facilities. Latin America is also showing promising growth prospects, supported by increasing healthcare investments and a growing burden of obesity-related diseases.
Global Sleeve Gastrectomy Devices Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Sleeve Gastrectomy Devices Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Sleeve Gastrectomy Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Global Sleeve Gastrectomy Devices Market - Industry Life Cycle |
3.4 Global Sleeve Gastrectomy Devices Market - Porter's Five Forces |
3.5 Global Sleeve Gastrectomy Devices Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Sleeve Gastrectomy Devices Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Sleeve Gastrectomy Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Sleeve Gastrectomy Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Sleeve Gastrectomy Devices Market Trends |
6 Global Sleeve Gastrectomy Devices Market, 2021 - 2031 |
6.1 Global Sleeve Gastrectomy Devices Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Sleeve Gastrectomy Devices Market, Revenues & Volume, By Tissue Closure Devices, 2021 - 2031 |
6.1.3 Global Sleeve Gastrectomy Devices Market, Revenues & Volume, By Dissection and Positioning Devices, 2021 - 2031 |
6.2 Global Sleeve Gastrectomy Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Sleeve Gastrectomy Devices Market, Revenues & Volume, By Hospitals and Clinics, 2021 - 2031 |
6.2.3 Global Sleeve Gastrectomy Devices Market, Revenues & Volume, By ASCs and Obesity Centers, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Sleeve Gastrectomy Devices Market, Overview & Analysis |
7.1 North America Sleeve Gastrectomy Devices Market Revenues & Volume, 2021 - 2031 |
7.2 North America Sleeve Gastrectomy Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Sleeve Gastrectomy Devices Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Sleeve Gastrectomy Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Sleeve Gastrectomy Devices Market, Overview & Analysis |
8.1 Latin America (LATAM) Sleeve Gastrectomy Devices Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Sleeve Gastrectomy Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Sleeve Gastrectomy Devices Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Sleeve Gastrectomy Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Sleeve Gastrectomy Devices Market, Overview & Analysis |
9.1 Asia Sleeve Gastrectomy Devices Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Sleeve Gastrectomy Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Sleeve Gastrectomy Devices Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Sleeve Gastrectomy Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Sleeve Gastrectomy Devices Market, Overview & Analysis |
10.1 Africa Sleeve Gastrectomy Devices Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Sleeve Gastrectomy Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Sleeve Gastrectomy Devices Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Sleeve Gastrectomy Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Sleeve Gastrectomy Devices Market, Overview & Analysis |
11.1 Europe Sleeve Gastrectomy Devices Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Sleeve Gastrectomy Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Sleeve Gastrectomy Devices Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Sleeve Gastrectomy Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Sleeve Gastrectomy Devices Market, Overview & Analysis |
12.1 Middle East Sleeve Gastrectomy Devices Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Sleeve Gastrectomy Devices Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Sleeve Gastrectomy Devices Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Sleeve Gastrectomy Devices Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Sleeve Gastrectomy Devices Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Sleeve Gastrectomy Devices Market Key Performance Indicators |
14 Global Sleeve Gastrectomy Devices Market - Export/Import By Countries Assessment |
15 Global Sleeve Gastrectomy Devices Market - Opportunity Assessment |
15.1 Global Sleeve Gastrectomy Devices Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Sleeve Gastrectomy Devices Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Sleeve Gastrectomy Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Sleeve Gastrectomy Devices Market - Competitive Landscape |
16.1 Global Sleeve Gastrectomy Devices Market Revenue Share, By Companies, 2024 |
16.2 Global Sleeve Gastrectomy Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |