PUBLISHER: Value Market Research | PRODUCT CODE: 1547866
PUBLISHER: Value Market Research | PRODUCT CODE: 1547866
The global demand for Intragastric Balloon Market is presumed to reach the market size of nearly USD 160.52 Million by 2032 from USD 57.84 Million in 2023 with a CAGR of 12.01% under the study period 2024-2032.
Intragastric balloon is basically a modern weight-loss procedure and one of the endoscopic treatment indicated for obesity. In this procedure, a saline-filled balloon is placed in individuals stomach, that helps in reducing weight by limiting how much an individual can eat. It also makes user feel full faster. This procedure for patients who cannot lose weight by any other means and are prone to serious health problems related to obesity.
Rising obesity epidemic worldwide, which effect more than 600 million people globally. According to WHO, approx. 65% of the world population live in countries where being overweight and obese kills more people than being under weight. These factor is propel the market growth. The other factors that propel the market growth are technological advancement in weight loss management and devices coupled with reduced cost associated with treatment. However, risks of acute pancreatitis and overinflation associated with intragastric balloon hampers the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Intragastric Balloon. The growth and trends of Intragastric Balloon industry provide a holistic approach to this study.
This section of the Intragastric Balloon market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Intragastric Balloon market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Intragastric Balloon market include Apollo Endosurgery Inc., Obalon Therapeutics Inc., Allurion Technologies Inc., Spatz3, Helioscopie, Endalis, MEDSIL, ReShape Medical Inc., Lexel Medical. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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