Gastric Balloon Market Size, Share, Demand, Trend, Latest Innovations & Application Analysis and Industry Growth Forecast 2027

Obesity has been spreading at an epidemic rate during the recent years, specifically in the urban areas of the developed nations. As per estimates made by the WHO, during 2016, more than 1.9 billion adults, aged 18 years and older, were overweight. Of these over 650 million were obse. Also, an estimated 41 million children under the age of 5 years were overweight or obese. The prevalence of overweight and obesity among children and adolescents aged 5-19 has witnessed a dramatic from a minimal 4% in 1975 to above 18% in 2016. At present, obesity rates are significantly high in the United States, Mexico, New Zealand and Hungary, while they are lowest in Japan and Korea. Whereas, during the future years, obesity rates in countries such as Korea and Switzerland are anticipated to increase at the fastest rate.

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The major players operating in the gastric balloon market include, Apollo Endosurgery, Inc., Allurion Technologies ENDALIS, Helioscopie Medical Implants, LEXEL SRL, MEDSIL, Obalon Therapeutics, Inc., ReShape Lifesciences, Inc., Silimed, and Spatz FGIA, Inc., among others. Approvals the are prominent parameters by industry players leading strategies undertaken by key market players.

The Gastric Balloon Market by filling material is segmented into saline filled and gas filled. The saline filled segment is anticipated to grow at a CAGR of 9.9% during the forecast period. The reduced risk of complications along with better retention in the stomach is anticipated to fuel the growth of the segment during the forecast period.

The gastric balloon market by end user is segmented into hospitals, nursing homes and others. Others sub-segment includes bariatric surgeons, gastrointestinal endoscopists, nutritionists & aesthetic practitioners, and other end users. The bariatric surgeons segment held the largest in 2018, by end user. However, the segment of gastrointestinal endoscopists is expected to increase at a significant growth rate of 10.0% during the forecast period.

Asia-Pacific was the leading geographic Gastric Balloon Market and it is anticipated to be the highest revenue contributor throughout the forecast period. Asia is well known across the world for the dynamic market nature and robust growth capabilities. The region has a large obese population base in its leading countries such as, China and Japan. Also, there has been rising preference for bariatric surgeries for better weight loss.

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Table of Content:

SCOPE OF THE STUDY
GLOBAL GASTRIC BALLOON MARKET - KEY TAKEAWAYS
RESEARCH METHODOLOGY
GLOBAL GASTRIC BALLOON MARKET - MARKET LANDSCAPE
GLOBAL GASTRIC BALLOON MARKET - KEY INDUSTRY DYNAMICS
GASTRIC BALLOON MARKET - GLOBAL ANALYSIS
GLOBAL GASTRIC BALLOON MARKET ANALYSIS - BY PRODUCT
GLOBAL GASTRIC BALLOON MARKET ANALYSIS - BY FILLING MATERIAL
GLOBAL GASTRIC BALLOON MARKET ANALYSIS - BY END USER
GASTRIC BALLOON MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
GASTRIC BALLOON MARKET -INDUSTRY LANDSCAPE
GASTRIC BALLOON MARKET-KEY COMPANY PROFILES

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