Will gastric bypass surgery prices go higher because of inflation?
All the costs are rising, everything is getting more and more expensive by the day. This is the sad reality of the present. And to those who have been weighing (pun intended!) the options of a weight loss surgery, these circumstances are causing a lot of headaches.
How much is a gastric bypass? We may know it now, but what will happen in a few months? Next year? Will gastric bypass surgery prices be still (somehow) affordable?
Let us confront the inflation troll and find out what we can. Promise there will be light at the end of the tunnel!
Image by Steve Buissinne from Pixabay
Inflation – what is it and why is it?
Put very shortly, inflation is a general increase in prices and a fall in the purchasing value of money.
As to why – the main cause of inflation right now is the state of the gas market and electricity, factors that influence pretty much everything else.
But before we get into gastric bypass abroad prices in the next few years and look into how inflation may influence them, let’s take a look at some of the prices as they are now.
Gastric bypass cost abroad right now
In the UK, the current gastric bypass cost is £9500-15 000
Gastric bypass surgery prices in some of the popular countries are:
In Turkey £3038 (plus extras)
In Germany £10 000-26 000
In Poland £4400-7900
In Latvia £4775-5686, with the most popular clinic, Weight Loss Riga, offering an all-inclusive package for £4323.
CITI speaks numbers and perspective
2022 annual inflation in EURO areas has been between 7.6-8.3%, while in the UK the medium has been 10.1%. Looking towards rest of the Europe and especially the Baltic States, Latvia suffered a 9.2% record high this summer.
2023 annual inflation in EURO areas is predicted between 4-4.6%, but also 7.7% when peaking, whereas the UK peak may be as high as 18% in early 2023, due to the latest jump in energy prices, CITI reveals.
Expected recession
Experts also predict recession, which is – a period of temporary economic decline.
EIU aka Economist Intelligence Unit, the world leader in global business intelligence & market insights, writes: “Expected recession in Europe winter 2022-23 is a result of energy shortages and sustained elevated inflation…/…High inflation and sluggish growth until at least 2024.”
So, how does this affect gastric bypass costs?
What will happen to the cost of gastric bypass surgery in Latvia?
Let us take a look at Latvia because it’s one of the hubs of European bariatric tourism.
When asked about gastric bypass surgery prices, Weight Loss Riga clinic replies confidently:
„In general, the prices will most probably be going up, however Weight Loss Riga will try to keep the prices at the present level so that gastric surgery would continue to be affordable to patients from the UK.”
So, while it is certain that bariatric operation prices will be affected by inflation all across the world, there is also hope that highly reputable clinics strive to remain accessible to all the people putting their trust in them. And that trust changes the world.
