Product ID: UCMIG35A2864
Report ID:
UCMIG35A2864 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The Intragastric Balloon market, surpassing USD 34 million in 2021, is on track for substantial expansion with an expected CAGR of over 13.4% from 2022 to 2028. This growth trajectory is fueled by several factors, including the cost-effectiveness of the treatment compared to alternative methods and the escalating prevalence of obesity. The adoption of sedentary lifestyles, coupled with unhealthy dietary habits and increased alcohol consumption, stands out as primary contributors to the growing incidence of obesity. The Intragastric Balloon's non-surgical approach to weight management offers a minimally invasive solution that appeals to a wide range of patients. With the rising demand for effective obesity treatments, supported by comprehensive market research analysis, the Intragastric Balloon market is poised to play a pivotal role in addressing this global health concern.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG35A2864