Report Detail
Global Intragastric Balloons Market Report 2018-2029
- RnM3875541 |
- 22 August, 2023 |
- Global |
- 144 Pages |
- HJResearch |
- Medical Devices & Consumables
The Intragastric Balloons industry is a medical field dedicated to the development and utilization of innovative devices designed to assist in weight management. Intragastric balloons are temporary, non-surgical gastric implants that occupy space within the stomach, promoting feelings of satiety and aiding in portion control. This market analysis article aims to provide insights into the Intragastric Balloons industry, including its definition, use, current industry status, and future prospects.
Definition and Use:
Intragastric balloons are inflatable devices made of soft, durable material that are inserted into the stomach through a minimally invasive endoscopic procedure. Once in place, they are filled with a sterile solution, such as saline, expanding their volume and occupying space within the stomach. By reducing the available space for food intake, these balloons help individuals feel full faster and consume smaller portions, leading to potential weight loss.
These devices are primarily used in the treatment of obesity and weight management in individuals who have not responded to conventional methods such as diet and exercise alone. Intragastric balloons are suitable for a wide range of age groups, including children, adults, and senior citizens, offering a non-surgical alternative to more invasive weight loss procedures.
Industry Status:
The global Intragastric Balloons market has shown promising growth in recent years, driven by the increasing prevalence of obesity and the rising demand for non-surgical weight loss solutions. In 2022, the market size for Intragastric Balloons reached an estimated value of US$15 million, with a compound annual growth rate (CAGR) of 11.9%. This growth can be attributed to factors such as advancements in balloon technology, growing awareness of obesity-related health issues, and the shift towards minimally invasive procedures.
Key Players:
The Intragastric Balloons industry is characterized by the presence of several major global manufacturers. Prominent players in this market include Apollo Endosurgery, Helioscopie Medical Implants, Spatz FGIA, Allurion technologies, Districlass Medical, Endalis, Fengh Medical, Lexal Srl, Duomed Group, Medicone, Medsil, Obalon Therapeutics, Phagia Technologies, PlenSat, and ReShape Medical. These companies play a crucial role in the development, manufacturing, and distribution of intragastric balloon devices, with a focus on improving patient outcomes and expanding their market presence.
Future Prospects:
The Intragastric Balloons industry holds promising prospects for the future as it continues to evolve and innovate. The market is expected to witness sustained growth, driven by factors such as the increasing prevalence of obesity globally, growing awareness of the health risks associated with excessive weight, and the demand for non-surgical weight loss solutions. Additionally, advancements in balloon technology, including improved materials, innovative designs, and enhanced safety profiles, are likely to further drive the market's expansion.
Furthermore, the industry can benefit from ongoing research and development efforts aimed at optimizing balloon placement techniques, minimizing side effects, and ensuring long-term efficacy. Additionally, technological advancements in endoscopic procedures, such as improved imaging capabilities and navigation systems, have the potential to enhance the safety and precision of intragastric balloon placements.
Conclusion:
The Intragastric Balloons industry has witnessed notable growth and holds immense potential for the coming years. With a focus on addressing the global obesity epidemic, major manufacturers are investing in research and development, technological advancements, and strategic collaborations to enhance the efficiency and effectiveness of intragastric balloon devices. As the industry progresses, the emphasis on patient safety, long-term outcomes, and the development of personalized treatment approaches will remain crucial in shaping its future success.
The SWOT analysis of the Intragastric Balloons industry is as follows:
Strengths:
Non-surgical weight loss solution: Intragastric balloons offer a non-surgical alternative for individuals seeking weight loss interventions, attracting those who are hesitant or ineligible for more invasive procedures.
Effective weight management: These balloons promote portion control and induce feelings of satiety, aiding in weight loss efforts and potentially improving overall health outcomes.
Minimally invasive procedure: The endoscopic placement of intragastric balloons requires minimal incisions, reducing the risks associated with surgical procedures and offering a safer option for patients.
Increasing market demand: The rising prevalence of obesity and related health issues globally is creating a growing demand for weight management solutions, driving the market growth for intragastric balloons.
Established global manufacturers: The presence of major manufacturers in the industry, with expertise in balloon technology and extensive market reach, ensures a competitive landscape and product availability.
Weaknesses:
Duration of effectiveness: Intragastric balloons are temporary devices, typically removed after six to twelve months. This limited duration may require additional interventions or strategies for long-term weight management.
Side effects and complications: While generally considered safe, intragastric balloons can cause side effects such as nausea, vomiting, and abdominal discomfort. In rare cases, more severe complications like balloon deflation or migration may occur.
Patient selection criteria: Not all individuals are eligible candidates for intragastric balloons, with certain medical conditions, anatomical considerations, or previous gastrointestinal surgeries restricting their use.
Lack of insurance coverage: In some regions, insurance coverage for intragastric balloon procedures may be limited or unavailable, making it less accessible to potential patients and impacting market demand.
Opportunities:
Technological advancements: Continued innovation in balloon design, materials, and placement techniques can enhance safety, efficacy, and patient comfort, fostering market growth.
Expanded applications: Exploring the use of intragastric balloons for indications beyond weight loss, such as managing diabetes or treating certain gastrointestinal disorders, could open up new markets and broaden the industry's reach.
Growing awareness: Increasing public awareness about obesity-related health risks and the availability of non-surgical options like intragastric balloons can expand the market by attracting more individuals seeking weight management solutions.
Threats:
Competitive landscape: The presence of established global manufacturers and potential new entrants intensifies competition within the industry, requiring companies to differentiate themselves through product innovation and effective marketing strategies.
Alternative weight loss interventions: The availability of other weight loss interventions, including surgical procedures, pharmacotherapy, and lifestyle modifications, poses a threat to the market share of intragastric balloons.
Regulatory challenges: Compliance with evolving regulatory requirements and obtaining necessary approvals for manufacturing and marketing intragastric balloon devices can pose challenges to industry players.
Economic factors: Economic fluctuations, reimbursement policies, and healthcare budget constraints may impact the affordability and accessibility of intragastric balloon procedures, potentially affecting market demand.
Key players in global Intragastric Balloons market include:
Apollo Endosurgery
Helioscopie Medical Implants
Spatz FGIA
Allurion technologies
Districlass Medical
Endalis
Fengh Medical
Lexal Srl
Duomed Group
Medicone
Medsil
Obalon Therapeutics
Phagia Technologies
PlenSat
ReShape Medical
Market segmentation, by product types:
Endoscopic Intagastric balloon
ReShape Duo
Abalon
Market segmentation, by applications:
Children
Adults
Senior Citizens
1 Industry Overview of Intragastric Balloons
- 1.1 Research Scope
- 1.2 Market Segmentation by Types of Intragastric Balloons
- 1.3 Market Segmentation by End Users of Intragastric Balloons
- 1.4 Market Dynamics Analysis of Intragastric Balloons
- 1.4.1 Market Drivers
- 1.4.2 Market Challenges
- 1.4.3 Market Opportunities
- 1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of Intragastric Balloons Industry
- 2.1 Apollo Endosurgery
- 2.1.1 Company Overview
- 2.1.2 Main Products and Specifications
- 2.1.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.1.4 Contact Information
- 2.2 Helioscopie Medical Implants
- 2.2.1 Company Overview
- 2.2.2 Main Products and Specifications
- 2.2.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.2.4 Contact Information
- 2.3 Spatz FGIA
- 2.3.1 Company Overview
- 2.3.2 Main Products and Specifications
- 2.3.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.3.4 Contact Information
- 2.4 Allurion technologies
- 2.4.1 Company Overview
- 2.4.2 Main Products and Specifications
- 2.4.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.4.4 Contact Information
- 2.5 Districlass Medical
- 2.5.1 Company Overview
- 2.5.2 Main Products and Specifications
- 2.5.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.5.4 Contact Information
- 2.6 Endalis
- 2.6.1 Company Overview
- 2.6.2 Main Products and Specifications
- 2.6.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.6.4 Contact Information
- 2.7 Fengh Medical
- 2.7.1 Company Overview
- 2.7.2 Main Products and Specifications
- 2.7.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.7.4 Contact Information
- 2.8 Lexal Srl
- 2.8.1 Company Overview
- 2.8.2 Main Products and Specifications
- 2.8.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.8.4 Contact Information
- 2.9 Duomed Group
- 2.9.1 Company Overview
- 2.9.2 Main Products and Specifications
- 2.9.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.9.4 Contact Information
- 2.10 Medicone
- 2.10.1 Company Overview
- 2.10.2 Main Products and Specifications
- 2.10.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.10.4 Contact Information
- 2.11 Medsil
- 2.11.1 Company Overview
- 2.11.2 Main Products and Specifications
- 2.11.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.11.4 Contact Information
- 2.12 Obalon Therapeutics
- 2.12.1 Company Overview
- 2.12.2 Main Products and Specifications
- 2.12.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.12.4 Contact Information
- 2.13 Phagia Technologies
- 2.13.1 Company Overview
- 2.13.2 Main Products and Specifications
- 2.13.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.13.4 Contact Information
- 2.14 PlenSat
- 2.14.1 Company Overview
- 2.14.2 Main Products and Specifications
- 2.14.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.14.4 Contact Information
- 2.15 ReShape Medical
- 2.15.1 Company Overview
- 2.15.2 Main Products and Specifications
- 2.15.3 Intragastric Balloons Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.15.4 Contact Information
3 Global Intragastric Balloons Market Analysis by Regions, Manufacturers, Types and End Users
- 3.1 Global Sales Volume and Revenue of Intragastric Balloons by Regions (2018-2023)
- 3.2 Global Sales Volume and Revenue of Intragastric Balloons by Manufacturers (2018-2023)
- 3.3 Global Sales Volume and Revenue of Intragastric Balloons by Types (2018-2023)
- 3.4 Global Sales Volume and Revenue of Intragastric Balloons by End Users (2018-2023)
- 3.5 Selling Price Analysis of Intragastric Balloons by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America Intragastric Balloons Market Analysis by Countries, Types and End Users
- 4.1 Northern America Intragastric Balloons Sales Volume and Revenue Analysis by Countries (2018-2023)
- 4.2 Northern America Intragastric Balloons Sales Volume and Revenue Analysis by Types (2018-2023)
- 4.3 Northern America Intragastric Balloons Sales Volume and Revenue Analysis by End Users (2018-2023)
- 4.4 United States Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 4.5 Canada Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe Intragastric Balloons Market Analysis by Countries, Types and End Users
- 5.1 Europe Intragastric Balloons Sales Volume and Revenue Analysis by Countries (2018-2023)
- 5.2 Europe Intragastric Balloons Sales Volume and Revenue Analysis by Types (2018-2023)
- 5.3 Europe Intragastric Balloons Sales Volume and Revenue Analysis by End Users (2018-2023)
- 5.4 Germany Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.5 France Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.6 UK Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.7 Italy Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.8 Russia Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.9 Spain Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.10 Netherlands Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific Intragastric Balloons Market Analysis by Countries, Types and End Users
- 6.1 Asia Pacific Intragastric Balloons Sales Volume and Revenue Analysis by Countries (2018-2023)
- 6.2 Asia Pacific Intragastric Balloons Sales Volume and Revenue Analysis by Types (2018-2023)
- 6.3 Asia Pacific Intragastric Balloons Sales Volume and Revenue Analysis by End Users (2018-2023)
- 6.4 China Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.5 Japan Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.6 Korea Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.7 India Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.8 Australia Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.9 Indonesia Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.10 Vietnam Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America Intragastric Balloons Market Analysis by Countries, Types and End Users
- 7.1 Latin America Intragastric Balloons Sales Volume and Revenue Analysis by Countries (2018-2023)
- 7.2 Latin America Intragastric Balloons Sales Volume and Revenue Analysis by Types (2018-2023)
- 7.3 Latin America Intragastric Balloons Sales Volume and Revenue Analysis by End Users (2018-2023)
- 7.4 Brazil Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.5 Mexico Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.6 Argentina Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.7 Colombia Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa Intragastric Balloons Market Analysis by Countries, Types and End Users
- 8.1 Middle East & Africa Intragastric Balloons Sales Volume and Revenue Analysis by Countries (2018-2023)
- 8.2 Middle East & Africa Intragastric Balloons Sales Volume and Revenue Analysis by Types (2018-2023)
- 8.3 Middle East & Africa Intragastric Balloons Sales Volume and Revenue Analysis by End Users (2018-2023)
- 8.4 Turkey Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.5 Saudi Arabia Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.6 South Africa Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.7 Egypt Intragastric Balloons Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
- 9.1 Marketing Channel
- 9.1.1 Direct Channel
- 9.1.2 Indirect Channel
- 9.2 Distributors and Traders
10 Global Intragastric Balloons Market Forecast by Regions, Countries, Manufacturers, Types and End Users
- 10.1 Global Sales Volume and Revenue Forecast of Intragastric Balloons by Regions (2024-2029)
- 10.2 Global Sales Volume and Revenue Forecast of Intragastric Balloons by Types (2024-2029)
- 10.3 Global Sales Volume and Revenue Forecast of Intragastric Balloons by End Users (2024-2029)
- 10.4 Global Revenue Forecast of Intragastric Balloons by Countries (2024-2029)
- 10.4.1 United States Revenue Forecast (2024-2029)
- 10.4.2 Canada Revenue Forecast (2024-2029)
- 10.4.3 Germany Revenue Forecast (2024-2029)
- 10.4.4 France Revenue Forecast (2024-2029)
- 10.4.5 UK Revenue Forecast (2024-2029)
- 10.4.6 Italy Revenue Forecast (2024-2029)
- 10.4.7 Russia Revenue Forecast (2024-2029)
- 10.4.8 Spain Revenue Forecast (2024-2029)
- 10.4.9 Netherlands Revenue Forecast (2024-2029)
- 10.4.10 China Revenue Forecast (2024-2029)
- 10.4.11 Japan Revenue Forecast (2024-2029)
- 10.4.12 Korea Revenue Forecast (2024-2029)
- 10.4.13 India Revenue Forecast (2024-2029)
- 10.4.14 Australia Revenue Forecast (2024-2029)
- 10.4.15 Indonesia Revenue Forecast (2024-2029)
- 10.4.16 Vietnam Revenue Forecast (2024-2029)
- 10.4.17 Brazil Revenue Forecast (2024-2029)
- 10.4.18 Mexico Revenue Forecast (2024-2029)
- 10.4.19 Argentina Revenue Forecast (2024-2029)
- 10.4.20 Colombia Revenue Forecast (2024-2029)
- 10.4.21 Turkey Revenue Forecast (2024-2029)
- 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
- 10.4.23 South Africa Revenue Forecast (2024-2029)
- 10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of Intragastric Balloons
- 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of Intragastric Balloons
- 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of Intragastric Balloons
- 11.1.2 Major Equipment Suppliers with Contact Information Analysis of Intragastric Balloons
- 11.2 Downstream Major Consumers Analysis of Intragastric Balloons
- 11.3 Major Suppliers of Intragastric Balloons with Contact Information
- 11.4 Supply Chain Relationship Analysis of Intragastric Balloons
12 Intragastric Balloons New Project Investment Feasibility Analysis
- 12.1 Intragastric Balloons New Project SWOT Analysis
- 12.2 Intragastric Balloons New Project Investment Feasibility Analysis
- 12.2.1 Project Name
- 12.2.2 Investment Budget
- 12.2.3 Project Product Solutions
- 12.2.4 Project Schedule
13 Intragastric Balloons Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.2 References and Data Sources
- 14.2.1 Primary Sources
- 14.2.2 Secondary Paid Sources
- 14.2.3 Secondary Public Sources
- 14.3 Abbreviations and Units of Measurement
- 14.4 Author Details
Summary:
Get latest Market Research Reports on Intragastric Balloons. Industry analysis & Market Report on Intragastric Balloons is a syndicated market report, published as Global Intragastric Balloons Market Report 2018-2029. It is complete Research Study and Industry Analysis of Intragastric Balloons market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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