Obesity Rates Have Risen, Generating Enormous Costs
- According to the latest U.S. CDC report, more than one-third of U.S. adults are obese. Nearly 70% are either obese or overweight
- U.S. States
- Obesity rates are >35% in 3 states (Arkansas, West Virginia, Mississippi)
- 22 states have rates >30%
- 45 states are >25% and
- Every state is >20%
- Annual medical costs of obese individuals are ~$1,500 greater than those of persons of normal weight.
- Heart disease, stroke, and type 2 diabetes are all obesity-related conditions, and are among the leading causes of preventable.
Weight Loss Surgery: Facts & Figures
- Nearly 200,000 bariatric surgeries are performed annually in the U.S.
- Despite its risks and limitations, demand for bariatric surgery has increased >1000% since 1992, with CAGR ~7% over the past four years.
- Many hospitals have waiting lists for bariatric surgery.
- Weight Loss Surgery is Costly
- Bariatric surgery costs $25,000–$50,000 total per procedure.
Average Surgery Costs:
Adjustable Gastric Band [$15,000]
Duoendal Switch [$30,000]
Roux-en-Y Gastric Bypass [$25,000]
Vertical Sleeve Gastrectomy [$17,000]
- Average length of hospital stay: 2-3 days.
- Recovery is often lengthy; most patients do not return to normal activities for at least two weeks.