Press release
Weight-Loss Devices Market Trends and Growth Opportunities in 2024 Obalon Therapeutics, Inc, Medsil.
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Market Trends :
Technological advancements in healthcare and the escalating prevalence of obesity are poised to propel the Weight-Loss Devices Market during the forecast period.
Obesity, a prevalent global health concern, stands as one of the foremost public health challenges of our time. The incidence of adult obesity surpasses that of under-nutrition on a global scale.
As per the World Health Organization, approximately 2 billion adults grapple with overweight conditions, with around 650 million falling into the obese category (BMI ≥30 kg/m²). This signifies that 39% (39% of men and 40% of women) of adults aged 18 or older are overweight, with 13% classified as obese. If current trends persist, projections indicate that by 2025, over 2.7 billion adults will contend with overweight conditions, with over 1 billion affected by obesity, and 177 million grappling with severe obesity.
Market Segmentation :
By Type : Gastric band, Gastric balloon system, Electrical stimulation system, Gastric emptying system.
By Application : Hospitals, Clinics, Household.
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Geographical Share :
The North America region is poised to assert dominance in the weight-loss devices market.
Statistics reveal a concerning trend in the United States, where approximately two-thirds of adults face obesity or overweight conditions, with one-third falling into the obese category. NHANES data highlights that 39.6% of adults and 18.5% of children aged 2 to 19 in America are grappling with obesity, marking the highest rates ever recorded by NHANES. These figures underscore the severity of the issue, with nearly 70% of American adults contending with obesity or overweight status. This health concern is closely linked to leading causes of death such as heart disease, stroke, diabetes, and certain cancers.
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Competitive Landscape
Key players in the weight-loss devices market are ReShape Lifesciences, Inc, Helioscopie Medical Implants, Allurion, Spatz FGIA, Obalon Therapeutics, Inc, Medsil, Endalis, Silimed, Ethicon, Inc, Millenium Surgical Corporation, Zhengzhou YKinspection Enterprise Co., Ltd., Chongqing Xishan Science & Technology Co., Ltd, Guangzhou Lety Medical Limited.
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