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Intragastric Balloon Market 2020 by Industry Trends, Statistics, Key Companies Growth And Regional Forecast

Author : Ronak Bora | Published Date : 2020-09-15 

Intragastric Balloon Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Over the recent years, intragastric balloon market statistics have been depicting a substantial change, with the vertical occupying a major chunk of the ever-evolving healthcare industry. The modern day hectic lifestyle is causing a plethora of risk factors, with obesity as the prime concern in the checklist. The WHO claims that global obese population has doubled since 1980, primarily driven by U.S. and Sub-Saharan region.

There has always been a surge in demand for cost effective and safe weight reduction methods for the treatment of obesity. Intragastric balloons have proved to be an attractive intermediate alternative to address this need. Irrefutably, this has led to an incline in intragastric balloon market statistics. GMI, has collated a research report, projecting intragastric balloon market size to surpass US$85 million by 2025.

Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/1173

What has caught the attention of end-markets is gas-filled balloons that can potentially enhance patient outcome. The innate quality of the balloon to improve patient compliance at removal in spontaneous deflations will stimulate intragastric balloon market revenue. Gas-filled intragastric balloons can allegedly help in reducing around 7% of the total body weight within 6 months. Since gas-filled intragastric balloons market share was pegged at over 36% in 2018, stakeholders expect similar growth trajectory in the portfolio.

While there is no denying that ambulatory surgical centers and hospitals end-markets will witness notable growth, clinics will gain strong gain during the forecast period 2019-2025. Compelling trend towards clinics is attributed to patients warranting treatment at affordable costs and the advent of advanced intragastric balloons in the end-market.

Reportedly, proportion of people who are obese has surged 27% in the last ten years in Australia. Moreover, fast food is perceived as the cheapest and feasible food option. According to Australia & New Zealand Mental Health Association (ANZMH), over 3/5th of the Australian population suffer from obesity.

Stakeholders are poised to boost investment in Australia and the prospect of intragastric balloons looks bright for the next five years. Australia intragastric balloon market revenue share stood at 23.3% in 2018, exhibiting robust projection through 2025.

Expansion of fast food outlets in France has had ramification on the health of French people. While among OECD countries France have the lowest obesity rates, the number has been soaring. OECD projects that overweight rates will be pegged at 50% within ten years. Strikingly, about one in 10 people in France is obese. OECD also projects a risk of a surge in the number of children who are overweight or obese.

Traction for intragastric balloon is likely to gain an uptick in France, as it is evident by the estimation that France intragastric balloons market value was registered at over US$3.1 bn in 2018.

With the challenge of soaring obesity becoming pervasive, investments in intragastric balloon technologies are touted to surge. Even though there is a potential risk of balloon deflation, individuals have found intragastric balloon as an ideal weight-loss procedure. 

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/intragastric-balloon-market  

Partial Chapter of the Table of Content 

Chapter 4. Intragastric Balloon Market, By Product

4.1. Key segment trends

4.2. Single intragastric balloon

4.2.1. Market size, by region, 2014 – 2025 (USD Million)

4.2.2. Market size, by region, 2014 – 2025 (No. of procedures)

4.2.3. Market size, by region, 2014 – 2025 (Units sold)

4.3. Dual intragastric balloon

4.3.1. Market size, by region, 2014 – 2025 (USD Million)

4.3.2. Market size, by region, 2014 – 2025 (No. of procedures)

4.3.3. Market size, by region, 2014 – 2025 (Units sold)

4.4. Triple intragastric balloon

4.4.1. Market size, by region, 2014 – 2025 (USD Million)

4.4.2. Market size, by region, 2014 – 2025 (No. of procedures)

4.4.3. Market size, by region, 2014 – 2025 (Units sold)

Chapter 5. Intragastric Balloon Market, By Filling Material

5.1. Key segment trends

5.2. Saline-filled balloon

5.2.1. Market size, by region, 2014 – 2025 (USD Million)

5.3. Gas-filled balloon

5.3.1. Market size, by region, 2014 – 2025 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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