Intragastric Balloons Market

Intragastric Balloons Market Size, Share, Growth Analysis, By Administration Outlook(Pill Form, Endoscopy), By Balloon Type Outlook(Single, Dual), By Filling Material Outlook(Saline Filled, Gas Filled), By End-use Outlook(Hospitals, Clinics), By Regional Outlook(North America, Europe) - Industry Forecast 2024-2031


Report ID: UCMIG35A2720 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Intragastric Balloons Market Insights

Market Overview:

In 2020, the global intragastric balloons market reached a valuation of USD 14.9 million, reflecting its significance in the healthcare industry. Looking ahead, the market is anticipated to experience substantial growth, with a projected compound annual growth rate (CAGR) of 11.9% from 2021 to 2028. This growth can be attributed to several factors, such as the increasing prevalence of obesity and the growing demand for non-surgical weight loss procedures. Intragastric balloons, which are temporary devices placed in the stomach to promote weight loss, offer a less invasive alternative to traditional surgical interventions, thereby driving their adoption in the market. The projected growth of the intragastric balloons market highlights the growing importance of innovative solutions in addressing the global obesity epidemic.

Intragastric Balloons Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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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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FAQs

The market for Intragastric Balloons was estimated to be valued at US$ XX Mn in 2021.

The Intragastric Balloons Market is estimated to grow at a CAGR of XX% by 2028.

The Intragastric Balloons Market is segmented on the basis of Administration Outlook, Balloon Type Outlook, Filling Material Outlook, End-use Outlook, Regional Outlook.

Based on region, the Intragastric Balloons Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Intragastric Balloons Market are Apollo Endosurgery, Inc., Obalon Therapeutics, Inc., Allurion Technologies, Inc., Spatz3, Helioscopie, Endalis, MEDSIL, ReShape Medical, Inc., Lexel Medical.

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Intragastric Balloons Market

Product ID: UCMIG35A2720

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