Gastric Balloons System Market Size, Share and Growth Report 2031
Precision Business Insights has published a report on the global gastric balloons system market, estimating its value at USD 107.0 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 9.7% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-gastric-balloons-system-market
Market Definition:
The term "gastric balloon system market" refers to the worldwide market for intragastric balloon systems, which are short-term, minimally invasive medical devices inserted into the stomach to help obese or overweight people lose weight by taking up space and decreasing hunger. These devices serve patients looking for reversible, low-risk weight-management options and are marketed as non-surgical substitutes for bariatric surgery.
Drivers:
1) Rising prevalence of obesity.
2) Preference for minimally invasive therapy.
Key Takeaways:
· industry Size & Growth: Although estimates differ by source, the industry is anticipated to grow at a double-digit CAGR through 2030 and beyond.
· Product Preference: Due to customized therapy, triple or adjustable balloons are rapidly expanding markets, while single-balloon systems now have the largest market share.
· Insertion Techniques: Swallowable balloons are becoming more popular, but endoscopic placement is still the most popular method.
· Regional Insights: Due to its high obesity rates and sophisticated healthcare system, North America has the largest market share. Asia-Pacific is growing quickly as a result of increased access to healthcare and an increase in the incidence of obesity.
· Innovation Trends: Combinations with medication, AI-enhanced patient support, and integration with digital health
The global gastric balloons system market segmentation:
1) By Product: Single Intra Gastric Balloon,Double Intra Gastric Balloon, Triple Intra Gastric Balloon.
2) By Filling Material: Saline Filling, Gas Filling.
3) By Route Of Administration: Endoscopy, Swallowable.
4) By End User: Hospitals, Bariatric Clinics, Ambulatory Surgical Centers.
Regional Overview:
The report also examines the current concerns and their Future Effects on the gastric balloons system market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the gastric balloons system market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
· North America (U.S., Canada)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
· Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
· Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Allurion Technologies, Inc., Apollo Endosurgery, Inc., Obalon Therapeutics, Inc., ReShape Lifesciences Inc., Spatz FGIA, Inc., Helioscopie Medical Implants, Medsil, Endalis, Lexel SRL, Silimed Inc., Districlass Medical SA, Phagia Technologies Inc., BaroNova Therapeutics Inc., PlenSat Inc., Life Partners Europe, Medicone Srl, Shandong Institute of Medical Instruments, VIVUS Inc., Balloon BioTech, Beskon Medical Ltd., USGI Medical Inc., Bariatric Solutions International GmbH, EndoShape Inc., Medicrea Bariatrics, Ethicon Bariatric Technologies, Endomed Systems GmbH, BaroSense Inc., Endolife Technologies, Medtronic (related bariatric solutions), Thermo Fisher Scientific (gastric balloon initiatives), BMI Healthcare, G S Medical, Evoke Surgical, GI Dynamics, Aspire Bariatrics Inc., Silimed Inc., Lexel Medical, Boston Scientific (obesity care devices), Ethicon (Johnson & Johnson), Micro-Tech (Nanjing) Co. Ltd, Shandong Institute of Medical Instruments, Beskon Medical, EndoLife Technologies, BaroNova Therapeutics, Inc., Balloon BioTech, Phagia Technologies, Inc., Life Partners Europe, Medicone Inc.
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