Intragastric Balloons Market Trends, Industry Share, Forecast 2024-2032

The IMARC Group’s latest research report, titled “Intragastric Balloons Market: Global Industry Trends, Share, Size Growth, Opportunity and Forecast 2024-2032,” provides an extensive analysis of the intragastric balloons market report. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

The global intragastric balloons market size reached US$ 63.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 157.8 Million by 2032, exhibiting a growth rate (CAGR) of 10.3% during 2024-2032.

Intragastric Balloons Market Overview:

An intragastric balloon is a medical device designed to aid in weight loss by occupying space within the stomach, thereby inducing a feeling of fullness, and reducing food intake. It is a non-surgical, minimally invasive option for individuals struggling with obesity or those who need to lose a significant amount of weight for health reasons. The balloon is typically inserted into the stomach through the mouth and esophagus, and then filled with a sterile solution, such as saline, to expand and take up space. Intragastric balloons offer advantages such as avoiding surgical incisions, shorter recovery times, and fewer potential complications compared to more invasive weight loss surgeries. They are often recommended for individuals who do not meet the criteria for surgery or prefer a reversible option.

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Intragastric Balloons Market Growth:

The intragastric balloons market is witnessing several noteworthy trends that shape its trajectory. There is a growing emphasis on customization and patient-centric solutions. Manufacturers are developing intragastric balloons with adjustable features, allowing healthcare professionals to tailor the treatment to individual patient needs. This trend aligns with the increasing recognition of the diverse nature of obesity and the need for personalized approaches to weight management. The market is experiencing a rise in the adoption of integrated technologies. Smart intragastric balloons equipped with monitoring and tracking capabilities are gaining popularity. These technologies enable real-time data collection, enhancing the precision of weight loss management and providing both patients and healthcare providers with valuable insights.

The market trends indicate a shift towards outpatient and office-based settings for intragastric balloon procedures. The development of simplified insertion and removal techniques contributes to making these procedures more accessible, reducing the need for prolonged hospital stays. This shift aligns with the broader healthcare trend of promoting minimally invasive interventions and patient convenience in the management of chronic conditions like obesity.

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Competitive Landscape with Key Players:

• Apollo Endosurgery
• Obalon Therapeutics Inc.
• ReShape Medical Inc.
• Medicone
• Medsil
• Allurion Technologies Inc.
• Helioscopie
• Spatz Fgia Inc.
• PlenSat
• Districlass Medical SA
• Endalis
• Lexel SRL
• Silimed Inc.
• Shandong Institute of Medical Instruments

Key Market Segmentation:

Breakup by Product:

• Single Intragastric Balloon
• Double Intragastric Balloon
• Triple Intragastric Balloon

Breakup by Filling Material:

• Saline Filling
• Gas Filling

Breakup by Implanting Procedure:

• Surgical
• Non-Surgical

Breakup by Application:

• Obesity
• Diabetes
• Diet Control
• Weight-Loss
• Pre-Operative Weight Reduction
• Others

Breakup by End-User:

• Hospitals and Clinics
• Ambulatory Surgical Centers
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance 
• Market Outlook
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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