South Africa Bariatric Surgery market is expected to witness a CAGR of 4.38% during the forecast period, 2020 - 2025. The key contributors in the market growth are increasing burden of obese patients and associated chronic disorders.
The changing lifestyle in the people of South Africa such as reduced physical activity, poor diet, high consumption of sugar, etc. which are leading to overweight and associated diseases such as hypertension, cardiovascular diseases, diabetes, etc.
According to the International Diabetes Federation, 2020, around 4,581,200 people in South Africa are suffering from diabetes. Hence, these factors are expected to propel the market growth during the forecast period.
Key Market Trends
Suturing Devices are Expected to Exhibit a Steady Growth During the Forecast Period
Suturing devices are used for laceration during the bariatric surgery. It is widely used in case of gastric bypass, bowel resection, etc. The growing burden of obesity is expected to act as a major contributor in this segment. According to the World Health Organization, 2019, around more than 50% of the population are obese/overweight and in the last 25 years, it has increased by almost 10%.
Thus, the demand for bariatric surgery is expected to boost and suturing devices play a crucial role in these surgeries. Hence, the aforementioned factors are expected to fuel the market growth in this segment.
The key player in the South Africa Bariatric Surgery Market are B. Braun Melsungen AG, Medtronic Plc, Johnson & Johnson, Apollo Endosurgery,Inc., Aspire Bariatrics, Intuitive Surgical Inc., Olympus Corporation, The Cooper Companies and Conmed Corporation.
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