According to the American Society for Metabolic and Bariatric Surgery (ASMBS), there was approximately 196,000 cases of bariatric surgery in the United States in 2015. Amongst a population of 20.2 million Americans who are qualified for bariatric surgery according to ASMBS standards, less than 1% of the qualified American population have received bariatric surgery and 99% of the addressable market remains untapped.
Onciomed expects to penetrate the addressable market with the revolutionary, next generation gastric restriction device called the Gastric Vest System™.
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