Intragastric Balloons Market: Industry Analysis and Research Report 2024: Global Market Insights Inc. The medical research report “Intragastric Balloon Market Size By Product (Single, Dual, Triple), By Filling Material (Saline, Gas), By End-use (Hospitals, Ambulatory Surgical Centers, Clinics), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Spain, Italy, Russia, Poland, Japan, India, China, Australia, Malaysia, Indonesia, Thailand, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE, Egypt), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024”, Intragastric Balloons Market size is expected to exceed USD 270 million by 2024; as per a new research report by Global Market Insights. Extensive use of intragastric balloons owing to cost advantage and presence of large number of industry players offering low priced products should stimulate business demand. The low cost of intragastric balloons compared with other invasive surgical procedures should drive industry growth.
Technological innovation coupled with reduced costs associated with treatment, short hospital stay and reduced recovery time will boost intragastric balloons market growth. Some of the factors such as erosion, damage to the esophagus, persistent nausea and vomiting and bacterial growth within the balloon may hamper demand in the coming years. The 2015 single intragastric balloons market share, was over 50% of global revenue, with more than 8% CAGR predicted, due to growing awareness coupled with increasing acceptance of non-invasive procedures. Saline filled balloons are set to witness over 9% CAGR, the ability to reduce weight and easy detection of deflation due to methylene blue should stimulate business growth. The 2015 global industry demand in hospitals was valued at over USD 45 million. Availability of highly skilled professionals, increased preference towards hospitals and high funding opportunities will accelerate industry growth. Some of the prominent industry participants are Apollo Endosurgery, Allurion technologies, ReShape Medical, Obalon therapeutics, Helioscopie Medical Implants, Spatz FGIA. U.S. intragastric balloons market share will be driven by the favorable government initiatives and improved awareness levels. Obesity continues to be a growing epidemic increasing the risk of premature death from stroke, gall bladder, type-II diabetes and some cancers. 1|Page
France is expected to grow over 10% CAGR during the forecast period. Rising obesity prevalence, growing demand for weight reduction procedures and unhealthy dietary habits will escalate growth.
UK Intragastric Balloon Market Size, By Product, 2012-2024 (USD Million)
Browse key industry insights spread across 1 110 pages with 99 market data tables & 8 figures & charts from this 2017 report Intragastric Balloons Market in detail along with the table of contents: https://www.gminsights.com/industry-analysis/intragastric-balloon-market 2015 China intragastric balloons market size was over USD 4 million. Rising prevalence of obesity, improved healthcare infrastructure and growing awareness regarding early diagnosis of obesity should stimulate revenue growth. India should witness more than 10% gains owing to flourishing medical tourism industry and improvement in healthcare amenities to provide quality and cost effective obesity treatment. Major industry players are consolidating their strategic position by increasing focus strategic alliances, mergers and acquisitions to widen their product portfolio and global presence. Companies are enormously investing on marketing activities including residential awareness programs and digital marketing to expand reach.
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Segmentation of Intragastric Balloons Market: Intragastric balloons market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2012 to 2024, for the following segments: Global Intragastric Balloons Market By Product • • •
Single Balloon Dual Balloon Triple Balloon
Global Intragastric Balloons Market By Filling Material • •
Saline Solution Gas
Global Intragastric Balloons Market By End-Use • • •
Hospitals Ambulatory surgical centers Clinics
The above information is provided for the following regions and countries: •
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North America o U.S. o Canada Europe o Germany o UK o France o Italy o Spain o Russia o Poland Asia Pacific o China o Japan o India o Thailand o Malaysia o Indonesia o Australia Latin America
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o o o •
Brazil Argentina Mexico
MEA o o o o
South Africa Saudi Arabia UAE Egypt
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