Intragastric Balloon Market Future Growth, Opportunities, Trend Analysis and Forecast to 2032 |
| The 2022 global size for intragastric balloons market was USD 18.36 billion, and the latest report by Reports and Data predicts a revenue Compound Annual Growth Rate (CAGR) of 11% over the forecast period. Intragastric balloons, commonly referred to as stomach balloons, are utilized in the treatment of obesity or overweight conditions. These medical devices remain in the stomach to aid individuals in weight loss. The market’s revenue growth is being fueled by the increasing number of bariatric procedures and growing awareness among patients regarding the advantages of intragastric balloons. The worldwide obesity pandemic is a critical health issue, impacting an astonishing 650 million obese adults. This condition poses substantial health risks, predisposing individuals to various ailments like cancer, diabetes, and cardiovascular diseases. To address this escalating health crisis, there’s a growing demand for weight loss interventions, such as the intragastric balloon. This technique involves inserting an uninflated balloon through the mouth into the stomach, later filling it with a saline solution to limit the stomach’s food-holding capacity. This leads to a sensation of fullness and reduced hunger. Individuals who either prefer non-surgical approaches or are unable to undergo surgery due to health reasons often opt for intragastric balloon therapy due to its non-invasive and reversible nature. Compared to surgical weight loss methods, this procedure poses lower risks and necessitates a shorter recovery period. To get sample PDF @ https://www.reportsanddata.com/download-free-sample/6124 Top Companies: • Allurion Technologies • Apollo Endosurgery • Obalon Therapeutics • ReShape Lifesciences • Spatz FGIA, Inc. • Viver Health Some Key Highlights from the Report • In 2022, the dominant portion of revenue within the worldwide market for intragastric balloons was generated by a specific segment. This dominance stems from the attributes of single intragastric balloons, which are minimally invasive, involve a straightforward insertion and removal process, and can be placed endoscopically. These balloons can remain in the stomach for up to six months without the need for general anesthesia. They assist individuals by inducing a sensation of fullness faster, leading to reduced food intake. They prove especially beneficial for individuals aiming to shed weight before surgery or for those at a high risk of complications, who are unsuitable for surgical weight loss procedures. • Looking ahead, during the projected period, it is expected that the hospitals segment will claim the largest portion of revenue in the global intragastric balloons market. This anticipation is due to hospitals serving as the primary healthcare service providers, offering specialized weight loss programs. Within these programs, non-surgical weight loss techniques such as intragastric balloons are frequently administered through hospital departments specializing in endoscopy or bariatric surgery. The presence of well-trained medical personnel and cutting-edge medical technology in hospitals further bolsters the safety and effectiveness of these procedures, positioning them as a vital option for individuals dealing with obesity-related issues. Read Full Report @ https://www.reportsanddata.com/report-detail/intragastric-balloon-market Based on Region market is segmented into: • North America • Europe • Asia-Pacific • South America • Middle East & Africa Product Type Outlook: • Single • Dual • Triple End-use Outlook: • Hospitals • Clinics • Ambulatory Surgical Centers (ASCs) Request for Customization of Report@ https://www.reportsanddata.com/request-customization-form/6124 About Reports and Data Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John W (Head of Business Development) Reports and Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com Blogs | Press Release | Industry News | Our competencies Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports Browse More Latest Reports @ https://www.reportsanddata.com/report |