Intragastric Balloon Market, By Product Type (Single Balloon, Dual Balloon, Triple Balloon, Others), By Filling Material (Saline Filled, Gas Filled, Others), By End User (Hospitals, Ambulatory Surgical Centers, Clinics, Others), By Route of Administration
Intragastric Balloon Market, By Product Type (Single Balloon, Dual Balloon, Triple Balloon, Others), By Filling Material (Saline Filled, Gas Filled, Others), By End User (Hospitals, Ambulatory Surgical Centers, Clinics, Others), By Route of Administration (Oral, Nasogastric/Roche Position, Gastroscopy, Others), By Distribution Channel (Online Pharmacies, Retail Pharmacies, Hospital Pharmacies, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
Intragastric Balloon Market, By Product Type (Single Balloon, Dual Balloon, Triple Balloon, Others), By Filling Material (Saline Filled, Gas Filled, Others), By End User (Hospitals, Ambulatory Surgical Centers, Clinics, Others), By Route of Administration (Oral, Nasogastric/Roche Position, Gastroscopy, Others), By Distribution Channel (Online Pharmacies, Retail Pharmacies, Hospital Pharmacies, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
Intragastric balloons have gained significant attention in the field of weight loss management. This non-surgical procedure involves the insertion of a balloon into the stomach, which occupies space and promotes satiety, leading to weight loss. The intragastric balloon serves as a temporary solution for individuals looking to shed excess pounds without undergoing invasive surgeries, such as gastric bypass or sleeve gastrectomy.
Market Dynamics:
The global market for intragastric balloons is expected to experience substantial growth in the coming years. Several factors contribute to this growth, including the rising prevalence of obesity worldwide and the increasing demand for minimally invasive weight loss procedures. Additionally, the growing awareness about the long-term health risks associated with obesity is driving individuals to seek effective weight management solutions.
However, there are certain restraints that could impede the market growth. Adverse events, such as balloon deflation or migration, gastric ulcers, and gastrointestinal obstructions, have been reported in some cases, which might deter potential patients from opting for this procedure. Moreover, the high cost of intragastric balloon treatment and the lack of reimbursement options in some regions pose challenges for market penetration.
Despite these restraints, the market presents several opportunities for growth. Technological advancements in balloon design and materials, such as the introduction of adjustable balloons and self-sealing valves, offer improved patient outcomes and enhanced safety profiles. Moreover, the growing adoption of intragastric balloons in emerging markets provides significant opportunities for market expansion.
Key Features of the Study:
Market Size and Growth Rate: The report provides an in-depth analysis of the market size, measured in US$ million, and the compound annual growth rate (CAGR%) for the forecast period of 2023-2030, with 2022 serving as the base year.
Revenue Opportunities and Investment Proposition: The study identifies potential revenue opportunities across different market segments and presents attractive investment propositions for stakeholders.
Market Insights: It offers key insights into market drivers, restraints, opportunities, market trends, new product launches, regional outlook, and competitive strategies adopted by key players.
Company Profiles: The report profiles key players in the global intragastric balloon market, highlighting their company background, product portfolio, key highlights, financial performance, and strategies.
Key Players: The study includes prominent companies such as Allergan (Acquired by Abbott), Apollo Endosurgery, Reshape Medical, Helioscopie Medical, Spatz FGIA, Endalis, Districlass Medical, Lexal, Medicone, Obalon Therapeutics, Silimed, Medsil, ReShape Lifesciences, EndoArt, MedSil, Silimed, Medsil, MetaCure, Semmar.
Decision-making Support: Insights from this report enable marketers and management authorities to make informed decisions regarding product launches, market expansion, and marketing tactics.
Stakeholder Considerations: The report caters to investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts in the intragastric balloon market, supporting decision-making through various strategy matrices.
Intragastric Balloon Market Segmentation:
By Product Type
Single Balloon
Dual Balloon
Triple Balloon
Others
By Filling Material
Saline Filled
Gas Filled
Others
By End User
Hospitals
Ambulatory Surgical Centers
Clinics
Others
By Route of Administration
Oral
Nasogastric/Roche Position
Gastroscopy
Others
By Distribution Channel
Online Pharmacies
Retail Pharmacies
Hospitals Pharmacies
Others
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Top companies in Intragastric Balloon Market:
Allergan (Acquired by Abbott)
Apollo Endosurgery
Reshape Medical
Helioscopie Medical
Spatz FGIA
Endalis
Districlass Medical
Lexal
Medicone
Obalon Therapeutics
Silimed
Medsil
ReShape Lifesciences
EndoArt
MedSil
Silimed
Medsil
MetaCure
Semmar
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Intragastric Balloon, By Product Type
Market Intragastric Balloon, By Filling Material
Market Intragastric Balloon, By End User
Market Intragastric Balloon, By Route of Administration
Market Intragastric Balloon, By Distribution Channel
Market Intragastric Balloon, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Rising prevalence of obesity
Restraints
Adverse events and complications
Opportunities
Huge untapped patient population in developing countries
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Intragastric Balloon Market – Impact of Coronavirus (COVID-19) Pandemic