Intragastric Balloon Market

Intragastric Balloon Market Share, Emerging Trends, Industry Demand, Scope, Key Players, Challenges, Business Opportunities and Forecast Research Report 2033: SPER Market Research

admin February 1, 2024 Business, Healthcare, News

The Global Intragastric Balloon Market is thoroughly examined in the study, along with its size and trends, product mix, channels of distribution, and supplier analysis. An interim medical tool for weight loss is the intragastric balloon. An inflatable silicone balloon that has been filled with saline is inserted into the stomach. When diet and exercise have failed to produce the desired results, this approach is marketed as a way to lose weight; nevertheless, surgery is not advised. By restricting food intake and creating a sensation of fullness by taking up stomach space, the balloon aids in weight loss.

According to SPER market research, ‘Intragastric Balloon Market Size– By Type, By Filling Material, By Administration, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Intragastric Balloon Market is predicted to reach USD 0.38 billion by 2033 with a CAGR of 17.31%.

The global market for intragastric balloons faces a multitude of possibilities and difficulties. Research and development efforts are increasing, which is driving the intragastric balloon industry and opening up good chances for market expansion. Furthermore, the launch of new products and the opening of new markets support the intragastric balloon market’s favorable prospects and encourage expansion over the course of the projection period. Opportunities also arise from variables including the growing prevalence of obesity, the growing acceptance of weight control, the growing need for non-surgical treatments, and advancements in technology.

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On the other hand, the intragastric balloon market faces a number of obstacles, including limited long-term effectiveness, possible risks and side effects, problems with cost and reimbursement, and competition from surgical alternatives. Businesses will need to carefully handle these uncertainties if they hope to achieve continuous growth and take advantage of the industry’s prospects. Achieving sustained success in the intragastric balloon business will require striking an appropriate balance between tackling obstacles and capitalizing on favorable circumstances.

Impact of COVID-19 on Global Intragastric Balloon Market

Around the world, the intragastric balloon industry has been significantly impacted by the COVID-19 pandemic. Delivery of elective surgery and other non-essential medical services was delayed as a result of the outbreak. Because of this, fewer intragastric balloon treatments were performed during the epidemic. Supply chain delays and logistical problems also affected the manufacture and delivery of intragastric balloons. When things do start to improve, however, the industry is expected to rebound, driven by a renewed focus on weight control and elective therapies. Long-term effects will depend on the effectiveness of containment strategies, vaccination rates, and the capacity of international healthcare systems to recover.

Intragastric Balloon Market Key Players:

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; MEDSIL, Obalon Therapeutics, Inc., Apollo Endosurgery, Inc., Allurion Technologies, Inc., Endalis, Helioscopie, Lexel Medical, ReShape Medical, Inc., Spatz3, others.

Global Intragastric Balloon Market Segmentation:

By Type: Based on the Type, Global Intragastric Balloon Market is segmented as; Dual Intragastric Balloons, Single Intragastric Balloons, Triple Intragastric Balloons.

By Administration: Based on the Administration, Global Intragastric Balloon Market is segmented as; Endoscopy, Pill Form.

By Filling Material: Based on the Filling Material, Global Intragastric Balloon Market is segmented as; Gas Filled, Saline Filled.

By End User: Based on the End User, Global Intragastric Balloon Market is segmented as; Ambulatory surgical centers, Clinics, Hospitals.

By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America, Others.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link: –

Intragastric Balloon Market Growth

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Intragastric Balloon Market

Intragastric Balloon Market Growth 2023- Industry Share, Emerging Trends, COVID-19 Impact Analysis, Competition, Business Challenges, and Future Opportunities 2033: SPER Market Research

admin November 14, 2023 Business, Healthcare

A new weight management technique called gastric balloon surgery aims to reduce food intake at each meal and prolong feelings of fullness after consuming small meals. Without requiring invasive surgery, this type of weight loss therapy, also known as the intragastric balloon, can help with weight loss. During this treatment, a silicone balloon that is filled with gas or saline is implanted. This helps the patient lose weight by regulating their meal intake.

According to SPER market research, ‘Intragastric Balloon Market Size– By Type, By Administration, By Filling Material, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Intragastric Balloon Market is predicted to reach USD 0.38 billion by 2033 with a CAGR of 17.31%.

The market is experiencing growth primarily due to the rising prevalence of obesity worldwide. Sedentary lifestyles and unhealthy dietary habits have led to a significant portion of the global population facing weight-related health issues, driving the demand for medically approved weight-loss methods like intragastric balloons. Additionally, the market is benefiting from the increasing preference for minimally invasive procedures as these balloons offer a non-surgical, orally inserted approach without incisions. Technological advancements and product innovations, aimed at reducing side-effects and providing adjustable gas/saline volumes, are contributing to market optimism. Factors such as growing health awareness and extensive research and development efforts are expected to further propel market expansion.

On the other hand, the intragastric balloon market faces a number of obstacles, including limited long-term effectiveness, possible risks and side effects, problems with cost and reimbursement, and competition from surgical alternatives. Businesses will need to carefully handle these uncertainties if they hope to achieve continuous growth and take advantage of the industry’s prospects. Achieving sustained success in the intragastric balloon industry would require striking an appropriate balance between tackling obstacles and capitalising on favourable circumstances.

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Impact of COVID-19 on Global Intragastric Balloon Market

Furthermore, significant effects of the COVID-19 pandemic have been seen in the intragastric balloon industry worldwide. The pandemic had an impact on non-essential medical procedures, healthcare systems, and elective surgery. Consequently, during the course of the outbreak, fewer intragastric balloon procedures were performed. Logistical problems and supply chain delays also affected the manufacture and delivery of intragastric balloons. However, when things start to improve, the market is expected to rebound, driven by a renewed focus on weight control and the resumption of elective surgery. The effectiveness of containment measures, vaccination rates, and the recovery of the global healthcare system will all have an impact in the long run.

Intragastric Balloon Market Key Players:

Geographically, because of the rising number of obese people and the widespread use of weight loss medications, North America currently leads the global intragastric balloon industry. Due to rising obesity rates, a rise in unhealthy lifestyles, and easier access to reasonably priced treatment, Asia-Pacific is predicted to develop at the fastest rate during the projected period. Additionally, some of the market key players are Allurion Technologies, Inc., Apollo Endosurgery, Inc., MEDSIL, Obalon Therapeutics, Inc., ReShape Medical, Inc., Spatz3, others.

Global Intragastric Balloon Market Segmentation:

By Type: Based on the Type, Global Intragastric Balloon Market is segmented as; Dual Intragastric Balloons, Single Intragastric Balloons, Triple Intragastric Balloons.

By Administration: Based on the Administration, Global Intragastric Balloon Market is segmented as; Endoscopy, Pill Form.

By Filling Material: Based on the Filling Material, Global Intragastric Balloon Market is segmented as; Gas Filled, Saline Filled.

By End User: Based on the End User, Global Intragastric Balloon Market is segmented as; Ambulatory surgical centers, Clinics, Hospitals.

By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America, Others.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link:-

Intragastric Balloon Market Forecast Analysis

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Follow Us – 

LinkedIn | Instagram | Facebook | Twitter

Contact Us:

Sara Lopes, Business Consultant – U.S.A.

SPER Market Research

enquiries@sperresearch.com

+1-347-460-2899

Intragastric Balloon

Intragastric Balloon Market Growth and Share, Emerging Trends, Scope, Top Manufactures, CAGR Status, Business Challenges, Future Opportunities 2033: SPER Market Research

admin July 13, 2023 Business, Healthcare

Gastric balloon surgery, a recent method for weight loss, aims to help individuals eat smaller meals and feel satisfied for longer periods. This non-surgical procedure, also known as intragastric balloon, involves placing a silicone balloon filled with saline or gas in the stomach to control food intake and promote weight loss. Since 1985, intragastric balloons have been widely used as a means to address obesity and facilitate the process of losing weight.

According to SPER market research, ‘Intragastric Balloon Market Size- By Type, By Administration, By Filling Material, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Intragastric Balloon Market is predicted to reach USD 0.38 billion by 2033 with a CAGR of 17.31%.

Several variables influence the market for intragastric balloons. The first main driving driver is the rising prevalence of obesity worldwide, which increases demand for weight loss interventions as more people become affected by obesity-related health problems. Intragastric balloon techniques’ non-surgical approach appeals to people looking for less intrusive weight loss options than invasive surgeries. Intragastric balloon treatments are in high demand as a result of increased attention on weight management and growing awareness of the health hazards associated with obesity. By enhancing patient outcomes and satisfaction, technological improvements including better materials and greater safety features support market expansion.

The intragastric balloon market does, however, confront difficulties. Limited long-term efficacy is a worry since, if lifestyle adjustments are not maintained, people may experience weight gain after the balloon is removed. Patient safety and satisfaction may be impacted by potential side effects and complications such nausea, vomiting, and stomach ulcers. Accessibility problems stem from cost and reimbursement, especially in areas with scant insurance coverage or reimbursement choices. The rivalry from surgical weight loss methods, which provide more significant and durable results, also poses a problem for the uptake of intragastric balloons. For the intragastric balloon industry to continue to expand steadily, it will be essential to overcome these obstacles and address long-term efficacy, safety, cost, and competition.

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The COVID-19 epidemic has had a substantial effect on the intragastric balloon market globally. Affected by the outbreak were healthcare systems and elective operations, among other non-essential medical treatments. The amount of intragastric balloon procedures carried out throughout the pandemic decreased as a result of this. Intragastric balloon production and distribution were also hampered by logistical issues and supply chain disruptions. But as things start to get better, the market is predicted to recover because of the renewed interest in elective treatments and the increased attention being paid to weight management. The effects over the long term will be influenced by variables like vaccination rates, containment measure efficacy, and the global healthcare system’s ability to recover.

Geographically, North America holds a prominent position in the intragastric balloon market, primarily driven by a rising obese population and the widespread adoption of weight loss treatments in the region. On the other hand, the Asia-Pacific region is anticipated to exhibit the highest growth rate during the forecast period. This growth can be attributed to factors such as the adoption of unhealthy lifestyles, an increasing prevalence of obesity, and the availability of affordable therapies. Additionally, some of the market key players are Allurion Technologies, Inc., Obalon Therapeutics, Inc., ReShape Medical, Inc., Spatz3, others.

Global Intragastric Balloon Market Segmentation:
By Type: Based on the Type, Global Intragastric Balloon Market is segmented as; Dual Intragastric Balloons, Single Intragastric Balloons, Triple Intragastric Balloons.
By Administration: Based on the Administration, Global Intragastric Balloon Market is segmented as; Endoscopy, Pill Form.
By Filling Material: Based on the Filling Material, Global Intragastric Balloon Market is segmented as; Gas Filled, Saline Filled.
By End User: Based on the End User, Global Intragastric Balloon Market is segmented as; Ambulatory surgical centers, Clinics, Hospitals.
By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America, Others.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.