PUBLISHER: The Business Research Company | PRODUCT CODE: 1704648
PUBLISHER: The Business Research Company | PRODUCT CODE: 1704648
Intragastric balloons represent a minimally invasive approach to treating obesity, involving the insertion of a medical implant into the stomach to temporarily reduce its capacity. This method caters to individuals struggling with obesity, offering a non-surgical alternative that bypasses the need for general anesthesia. By occupying space in the stomach, the balloons induce a sensation of fullness, thereby curbing food intake. Typically inserted via an endoscope-a lengthy, flexible tube equipped with a camera-the procedure is performed through the mouth and into the stomach.
The primary variations of intragastric balloons include single, dual, and triple intragastric balloons, each serving as a tool for weight loss among obese patients. These balloons utilize filling materials categorized as saline-filled or gas-filled, and are distributed through various channels including online pharmacies, retail pharmacies, and hospital pharmacies. They find application across diverse areas such as obesity management, diabetes treatment, dietary control, weight reduction prior to surgery, and others. End users encompass hospitals, clinics, ambulatory surgical centers, among others.
The intragastric balloons market research report is one of a series of new reports from The Business Research Company that provides intragastric balloons market statistics, including intragastric balloons industry global market size, regional shares, competitors with an intragastric balloons market share, detailed intragastric balloons market segments, market trends and opportunities, and any further data you may need to thrive in the intragastric balloons industry. This intragastric balloons market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The intragastric balloons market size has grown rapidly in recent years. It will grow from $19.89 billion in 2024 to $22.21 billion in 2025 at a compound annual growth rate (CAGR) of 11.7%. The growth in the historic period can be attributed to growing obesity rates, rising healthcare expenditure, clinical evidence and FDA approvals, awareness campaigns, improved balloon designs, growing medical tourism.
The intragastric balloons market size is expected to see rapid growth in the next few years. It will grow to $34.23 billion in 2029 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to celebrity endorsements, obesity-related health issues, expansion in emerging markets, an increase in endoscopic procedures, an aging population, and personalized treatment approaches. Major trends in the forecast period include technological innovations, awareness through social media, integration with digital health platforms, artificial intelligence, virtual consultations, and enhanced patient education programs.
The rising rates of obesity are expected to significantly drive the growth of the intragastric balloon market. Obesity, defined by a body mass index (BMI) of 30 or higher, is increasingly prevalent due to factors such as poor dietary habits, sedentary lifestyles, economic conditions, marketing and advertising, genetics, psychological factors, and urbanization. Intragastric balloons offer a non-surgical solution for weight loss by occupying space in the stomach, promoting a feeling of fullness, and reducing food intake, making them an appealing option for those struggling with obesity. According to the World Obesity Atlas 2022, published by the World Obesity Federation, the global economic burden of obesity is projected to reach $4.32 trillion annually by 2035 if current trends continue. By that time, over half of the world's population (51%) could be overweight or obese, with nearly 2 billion individuals, or 1 in 4 people, expected to suffer from obesity. This growing global health challenge is a key driver for the demand for intragastric balloon treatments, further fueling market growth.
Prominent companies operating in the intragastric balloon market are directing their efforts towards advancing medical weight-loss devices, such as swallowable gastric balloons, to improve patient comfort, usability, and accessibility. Swallowable gastric balloons are non-surgical devices designed to assist in weight loss by temporarily occupying space in the stomach, fostering a sense of satiety, and reducing food intake. For instance, in September 2022, Allurion Technologies Inc., a medical device company based in the US, introduced a swallowable gastric balloon capsule in India. This innovative product represents the world's first non-surgical swallowable gastric balloon that obviates the need for endoscopy or anesthesia during placement or removal. The Allurion gastric balloon capsule presents a safe, non-surgical, and efficacious solution for weight loss, aiding individuals in achieving significant weight reduction and embracing healthier lifestyle practices for sustained benefits.
In November 2022, Boston Scientific Corporation, a US-based medical technology firm, acquired Apollo Endo-surgery, Inc. for $615 million. This strategic acquisition positions Boston Scientific to broaden its product portfolio in weight loss solutions, offering customers and patients a more comprehensive range of products and capabilities. Apollo Endo-surgery Inc., the acquired company, specializes in non-surgical intragastric balloons, further augmenting Boston Scientific's presence in the field of medical weight-loss interventions.
Major companies operating in the intragastric balloons market are Medtronic plc, Mayo Clinic, Boston Scientific Corporation, Cleveland Clinic, Mediclinic Group, Spire Healthcare Group plc, Micro-Tech (Nanjing) Co., Ltd, American Hospital Dubai LLC, Silimed GmbH, Apollo Endosurgery Inc., Allurion Technologies Inc., MedicalExpo, ReShape Lifesciences Inc., Districlass Medical SA, Healthware Private Limited, Spatz Medical, Helioscopie SA, Bariatric Solutions International GmbH, HexaHealth Care Pvt. Ltd., USGI Medical Inc., Inamed Health, Medsil, Obalon Therapeutics Inc., Endalis, Lexel SRL
North America was the largest region in the intragastric balloons market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intragastric balloons market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the intragastric balloons market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The intragastric balloons market consists of revenues earned by entities by providing services such as patient evaluation and consultation, nutritional counseling, diagnostic tests, balloon removal, post-removal support, monitoring and follow-up care, and behavioral support services. The market value includes the value of related goods sold by the service provider or included within the service offering. The intragastric balloon market also includes sales of biodegradable intragastric balloons, and adjustable intragastric balloons. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Intragastric Balloons Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on intragastric balloons market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for intragastric balloons ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The intragastric balloons market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.