Global Gastric Band Devices Market 2017-2021
NEW YORK, Aug. 3, 2017 /PRNewswire/ -- About Gastric Band Devices
The global gastric band devices market is expected to grow at a moderate pace due to the rising awareness about obesity treatments and advances in MI procedures and their efficacy. However, complications associated with the gastric band, lack of reimbursement, and the inclination of medical professionals toward other bariatric surgical procedures hinder the growth of the market. A bariatric surgery is performed by using a laparoscope, where a gastric band device is implanted in the upper part of the stomach. This helps to reduce hunger, which, in turn, helps in reducing body weight.
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Technavio's analysts forecast the global gastric band devices market to grow at a CAGR of 3.74% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global gastric band devices market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales, volume and value of gastric band devices.
The market is divided into the following segments based on geography:
-- Americas
-- APAC
-- EMEA
Technavio's report, Global Gastric Band 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
-- Apollo Endosurgery
-- COUSIN BIOTECH.
Other prominent vendors
-- Ethicon
-- Helioscopie
-- Millennium Surgical
-- MID (Médical Innovation Développement)
Market driver
-- Reduced complications by using laparoscopic adjustable gastric bands
-- For a full, detailed list, view our report
Market challenge
-- High cost of gastric band device and lack of reimbursement
-- For a full, detailed list, view our report
Market trend
-- Increase in MI surgeries and robotic systems
-- 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?
-- What are the market opportunities and threats faced by the key vendors?
-- What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: http://www.reportlinker.com/p05015522/Global-Gastric-Band-Devices-Market.html
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