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Global Obesity Intervention Devices Market Size By Solution Type, By End-User, By Technology, By Geography Scope And Forecast


Published on: 2024-08-06 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Obesity Intervention Devices Market Size By Solution Type, By End-User, By Technology, By Geography Scope And Forecast

Obesity Intervention Devices Market Size And Forecast

Obesity Intervention Devices Market size was valued at USD 267.88 Million in 2024 and is projected to reach USD 417.08 Million by 2031, growing at a CAGR of 5.69% during the forecast period 2024-2031.

Global Obesity Intervention Devices Market Drivers

The market drivers for the Obesity Intervention Devices Market can be influenced by various factors. These may include

  • Growing Obesity Rates Due to changes in nutrition, lifestyle, and physical activity levels, obesity rates have been rising globally throughout time. As a result, there is an increasing need for therapies that deal with health problems associated with obesity.
  • Enhanced Knowledge and Education As people become more conscious of the health hazards linked to obesity, there is a greater need for efficient solutions. This awareness is further fueled by educational programs and public health campaigns.
  • Technological Developments Wearables, implantable devices, and minimally invasive surgery are just a few of the novel obesity intervention devices that have been made possible by advances in medical technology. These developments draw in patients looking for practical answers as well as healthcare professionals.
  • Government Policies and Initiatives By fostering an environment that is conducive to the adoption of obesity intervention devices, government policies and initiatives, such as taxes on sugar-filled beverages, subsidies for healthful foods, and physical activity-promoting regulations, can help drive demand for these devices.
  • Healthcare Cost Burden Health problems associated with obesity place a heavy financial strain on healthcare systems around the globe. Consequently, there is an increasing emphasis on interventions and preventive strategies to lower healthcare expenses connected to illnesses related to obesity. This justifies the purchase of obesity intervention technology as an affordable fix.
  • Growing Healthcare Expenditure Consumers and healthcare providers are eager to invest in cutting-edge therapies and equipment for managing obesity, as seen by the general increase in healthcare spending around the world.
  • Changing Demographics The incidence of obesity and associated health problems is influenced by aging populations and shifting demographics, especially in wealthy nations. The need for obesity intervention tools that can specifically cater to the needs of senior populations is being driven by this shift in demographics.
  • Lifestyle Changes The obesity epidemic is partly caused by urbanization, sedentary lifestyles, and changes in food habits. Obesity intervention devices are appealing choices for people looking for efficient weight-management techniques since they provide answers that fit with contemporary lifestyles.
  • Growing Interest in Personalized Medicine Thanks to developments in precision medicine and genetics, there is a growing movement in personalized healthcare. Customized obesity prevention tools that consider personal characteristics like genetics, metabolism, and behavior are becoming more and more popular.
  • Partnerships and Collaborations The development of comprehensive obesity management solutions, including intervention devices, is fueled by partnerships and collaborations among healthcare providers, pharmaceutical companies, research institutes, and makers of medical devices. These collaborations support the field’s efforts in R&D and commercialization.

Global Obesity Intervention Devices Market Restraints

Several factors can act as restraints or challenges for the Obesity Intervention Devices Market. These may include

  • Expensive A lot of obesity intervention tools, such gastric bands or supplies for bariatric surgery, can be pricey. Some individuals or healthcare facilities may not be able to afford the high cost, particularly in areas with tight resources for healthcare.
  • Insurance Coverage One of the biggest obstacles to treatment for people seeking obesity intervention surgeries or devices is limited or nonexistent insurance coverage. Patients might find it difficult to pay for these procedures without sufficient coverage, which would reduce the adoption rate.
  • Regulatory Obstacles Tight regulations that must be met in order for obesity intervention devices to be approved may impede market expansion. The time and expense required for manufacturers to introduce innovative gadgets to the market may increase due to drawn-out regulatory procedures.
  • Safety Concerns Patients and healthcare professionals may be discouraged from using some obesity intervention devices due to safety concerns. Device-related adverse occurrences or difficulties may result in bad press and legal ramifications for manufacturers.
  •  Limited Efficacy Patients and medical professionals may become skeptical about obesity intervention devices due to their potential for limited efficacy or low long-term success rates. Devices that don’t produce the expected results could see a decline in market demand.
  • Alternative Therapies The availability of alternative therapies, such as lifestyle changes or medication interventions, could put obesity intervention devices in competition. These options may be preferred by patients and healthcare professionals for reasons including perceived efficacy or convenience.
  •  Stigma Market demand may be impacted by the stigma associated with obesity and weight loss programs. Patients’ desire to seek assistance or participate in programs may be influenced by cultural attitudes or society opinions surrounding the treatment of obesity.
  •  Patient Eligibility Requirements Restrictions on who can use specific obesity therapeutic techniques or gadgets may make them only applicable to a portion of patients. Individuals who don’t fit these requirements might not be able to receive potentially helpful treatments.
  •  Lack of Knowledge The development of the market may be hampered by patients’ and healthcare professionals’ ignorance of the benefits of the various obesity intervention technologies. It could be necessary to conduct outreach and education programs to raise awareness and encourage adoption.

Global Obesity Intervention Devices Market Segmentation Analysis

The Global Obesity Intervention Devices Market is Segmented on the basis of Solution Type, End-User, Technology, and Geography.

Obesity Intervention Devices Market, By Solution Type

  • Surveillance Systems Including video surveillance, access control, and biometric systems.
  • Disaster Recovery Solutions for recovering from natural disasters, terrorist attacks, and other emergencies.
  • Cybersecurity Including network security, endpoint security, and data protection.
  • Risk and Emergency Services Solutions for risk assessment, emergency response, and incident management.
  • Critical Infrastructure Protection Solutions aimed at protecting infrastructure such as energy grids, transportation systems, and communication networks.

Obesity Intervention Devices Market, By End-User

  • Government Agencies Federal, state, and local government bodies responsible for public safety and security.
  • Private Sector Businesses and corporations requiring security measures for their operations.
  • Critical Infrastructure Organizations managing critical infrastructure such as energy, water supply, and transportation.
  • Military and Defense Armed forces and defense organizations.

Obesity Intervention Devices Market, By Technology

  • Access Control Systems Technologies for physical and digital access management.
  • Perimeter Security Fences, barriers, and surveillance systems for securing physical perimeters.
  • Communication Systems Emergency communication technologies and systems.
  • Detection and Monitoring Systems Sensors and systems for detecting threats and monitoring environments.

Obesity Intervention Devices Market, By Geography

  • North America Market conditions and demand in the United States, Canada, and Mexico.
  • Europe Analysis of the OBESITY INTERVENTION DEVICES MARKET in European countries.
  • Asia-Pacific Focusing on countries like China, India, Japan, South Korea, and others.
  • Middle East and Africa Examining market dynamics in the Middle East and African regions.
  • Latin America Covering market trends and developments in countries across Latin America.

Based on Geography, The Global Obesity Intervention Devices Market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.

Key Players

The major players in the Obesity Intervention Devices Market are

  • Reshape Lifesciences Inc
  • Gl Dynamics
  • Allurion Technologies Inc.
  • Johnson & Johnson
  • Spatz FGIA Inc.
  • A.M.I. GmbH
  • Endalis Laboratoire
  • Cousin Surgery
  • Abbvie Inc (Allergan)
  • Apollo Endosurgery

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Reshape Lifesciences Inc, Gl Dynamics, Allurion Technologies, Inc., Johnson & Johnson, Spatz FGIA Inc., A.M.I. GmbH, Endalis Laboratoire, Cousin Surgery, Abbvie Inc (Allergan).

SEGMENTS COVERED

By Solution Type, By End-User, By Technology, and By Geography.

CUSTOMIZATION SCOPE

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Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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