Global Anti-Obesity Devices Market to See Significant Growth, Says PBI in Its New Report Published at MarketPublishers.com
27 Nov 2017 • by Natalie Aster
LONDON – The world anti-obesity devices market is poised to see a remarkable CAGR on account of a hike in the prevalence rates of obesity. In 2014 nearly 13% of adults 18 years of age or above were obese, and the condition is the cause of death of around 2.8 million people every year from across the world. Surging demand for minimally invasive surgical treatment of obesity has greatly impacted the development of the market for anti-obesity devices. Furthermore, surging disposable income levels in developing countries and also product approvals from the US FDA for novel anti-obesity devices are amid the key factors boosting the anti-obesity devices market. Meantime, the side effects related to the usage of these devices, availability of medications used to treat obesity, and product failure in several cases could restrain the market growth in the forthcoming years.
Traditionally, anti-obesity devices are set to take the lead in the obesity treatment marketplace owing to the reduced cost and ease of administration, and less invasiveness.
North America takes the lead in the market; the region saw enormous growth due to the hike in the number of obese patients. The APAC market is expected to gain traction owing to an upsurge in the obese population, growing healthcare spending, and increased investments in healthcare.
New research report “Global Anti-Obesity Devices Market” drawn up by Precision Business Insights (PBI) offers an all-encompassing analysis of the marketplace. It provides market categorisation based on product type, deployment method, end-use sector, and region-wise.
The study provides gives an all-round assessment of the market size, growth rates, regional market shares and forecasts to 2023. The report offers deep insights in the major competitors, shedding light on the key findings and their strategies. It offers a comprehensive analysis of the drivers, hindrances, challenges, opportunities/unmet needs, and trends with respect to the industry. The study keeps track of the recent innovations, major developments and details of the startup companies. Insightful information about market entry strategies, regulatory and reimbursement scenarios can also be found in the report.
More new reports by Precision Business Insights (PBI) are available in its online catalogue at MarketPublishers.com.