Press release
Stomach Balloon System Market By Product and Service, By Application, By End User and Region: Global Industry Analysis, Share, Opportunity, Competition and Forecast 2021 to 2027 - Obalon, Apollo Endosurgery, Helioscopie Medical Implants, Spatz FGIA
The “Stomach Balloon System Market” report provides 2021-2027 a detailed market overview based on current and future trends that will determine the profit structure. Market size, demand, supply chain, market growth factors, and future trends. It involves an in-depth study of the current trends leading to this vertical trend in different regions. The report provides important information related to components and factors such as market size, market share, market segmentation, main growth drivers, and market competition. Stomach Balloon System market segments are highlighted by type and application, region, and major players. It provides key statistics on the market conditions of major market participants.“The Stomach Balloon System Market is predicted to register a CAGR of 20% over the forecast period 2021 – 2027.”
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Key Competitors of the Stomach Balloon System market is:
Obalon, Apollo Endosurgery, Helioscopie Medical Implants, Spatz FGIA, Allurion technologies, Districlass Medical, Endalis, Fengh Medical, Lexal Srl, Duomed Group, Medicone, Medsil, Life Partners Europe, Phagia Technologies, PlenSat, ReShape Medical, Silimed
Recent Development
Apollo Endosurgery
Apollo Endosurgery, Inc., a leading developer of medical devices and endoscopic surgical procedures, today announced that it has entered into a definitive agreement to purchase the obesity intervention division of Allergan, Inc. for up to $110 million. The total includes an upfront cash payment of $75 million, minority equity interest of $15 million, and up to $20 million in additional contingent consideration to be paid upon achievement of certain regulatory and sales milestones. The obesity intervention division is responsible for manufacturing and marketing the LAP-BAND® adjustable gastric band system and the ORBERA™ intra-gastric balloon system.
ReShape Medical
ReShape Lifesciences has acquired 2 companies, including 2 in the last 5 years. ReShape Lifesciences has acquired in 1 US state. The Company’s most targeted sectors include medical products (100%). ReShape Lifesciences, Inc. is a medical device company focused on the development and commercialization of its neuroscience based technology to treat obesity and metabolic diseases. ReShape Lifesciences was founded in 2002 and is based in San Clemente, California.
Impact of COVID-19 on the Stomach Balloon System Market:
The rise of COVID-19 has tempered showcase improvement; anyhow, the market is consistently choosing up-tempo because of growing lockdowns. The fast increment in CAGR is thanks to the request and extension of this marketplace, which is a practicality to come to pre-pandemic ranges once the large, is gone.
Major Types covered are:
Single Balloon
Dual Balloon
Triple Balloon
Major Applications covered are:
Hospital
Clinic
Beauty Center
Other
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North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period
North America expected to hold a major market share in the global Stomach Balloon System market due to rising prevalence of obesity due to diet and lifestyle changes and preference for minimally invasive technique in this region. According to Organization for Economic Co-operation and Development (OECD), in the year 2017, around 40% of the population is reported to be obese. Furthermore, rise in the adoption of advanced technologies such as Stomach Balloon System and presence of established healthcare infrastructure is fueling the growth of the overall regional market to a large extent.
Regional market Stomach Balloon System (regional production, demand and forecast by country):
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.
The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situations, most important trade models, and consequently the possible headways in services with the aid of using crucial gamers inside the upcoming years.
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Report Features:
To project the value and sales volume of the Stomach Balloon System market, concerning key regions.
To analyses competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To study and analyses the global Stomach Balloon System market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
To understand the structure of the Stomach Balloon System market by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, industry-specific challenges, and risks).
Report Customization:
The Global Stomach Balloon System Market report may be modified to meet your specific business needs. Because we understand what our clients want, we offer 25% customization for any of our MarketIntelligenceData reports at no additional cost to all or any of our clients.
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Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
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