Global intragastric balloon market is expected to grow with an impressive CAGR in the forecast period of 2023-2027. The market for intragastric balloon is growing on the account of increasing number of patients opting for innovative treatments for obesity. Moreover, the government is supporting the research and developments for treatment plans and medical devices that help patients lose weight and is considered as the growth inducing factor for the global intragastric balloon market.
The global intragastric balloon market is segmented by
Moreover, the procedure is less harmful and is cost effective. Also, the pill form of the treatment is expected to show a slower but steady growth in the next five years on account of it being more convenient and reversible in nature. The availability of swallowable pills is going to drive the market in future.
Due to COVID-19 the world economy experienced a setback in the first half of 2021. Healthcare industry suffered the setback too. The industry was in urgency to find cure and treatments for the pandemic while the other medical devices, such as pharmaceuticals suffered a drawback of it. Soon, with the discovery of vaccine, the market was able to regain its composure in the latter half of the year 2021. No, the market is expected to soon attain its growth rate in upcoming five years.
Some of the major competitors in the market are Apollo Endosurgery, Inc., Obalon Therapeutics, Inc., Allurion Technologies, Inc., Spatz3 FGIA Inc., ReShape Lifesciences Inc, Silimed Inc., Districlass Medical SA, Helioscopie Medical Implants, Allergan Inc., and Tulip Medical, among others.
Objective of the Study
- To analyze the historical growth in the market size of the global intragastric balloons market from 2017 to 2021.
- To estimate and forecast the market size of the global intragastric balloons market from 2022 to 2027 and growth rate until 2027.
- To classify and forecast the global intragastric balloons market based on by administration, balloon type, filling type, application, end user, and regional distribution.
- To identify the dominant region or segment in the global intragastric balloons market.
- To identify drivers and challenges for the global intragastric balloons market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the global intragastric balloons market.
- To identify and analyze the profile of leading players operating in the global intragastric balloons market.
- To identify key sustainable strategies adopted by market players in the global intragastric balloons market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, Market insights research conducted primary research surveys with identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufactures which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufactures, distribution channels and presence of all major players across the country.
Market insights research calculated the market size of global intragastric balloons market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Market insights research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Market insights research.
Key Target Audience
- Intragastric balloons manufacturers, end users, service providers and other stakeholders
- Distributers and suppliers of intragastric balloons and services and other stakeholders
- Organizations, forums, and alliances related to intragastric balloons
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historical Years | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022-2027 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | - Administration
- Balloon Type
- Filling Type
- Application
- End User
|
| Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country Scope | United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Kuwait |
| Key Companies Profiled | Apollo Endosurgery, Inc., Obalon Therapeutics, Inc., Allurion Technologies, Inc., Spatz3 FGIA Inc., ReShape Lifesciences Inc, Silimed Inc., Districlass Medical SA, Helioscopie Medical Implants, Allergan Inc., and Tulip Medical. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
