Press release
Non Surgical Intragastric Balloon Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2031)
Market Overview and Report CoverageA non-surgical intragastric balloon is a weight loss device that is placed inside the stomach to help individuals lose weight. The balloon takes up space in the stomach, making the individual feel full faster and therefore reducing their food intake.
The current outlook for the non-surgical intragastric balloon market is positive, with the market expected to grow at a CAGR of 10.10% during the forecasted period. The rising prevalence of obesity and the increasing awareness about weight management are key factors driving the growth of this market. Additionally, the non-surgical nature of this weight loss solution makes it an attractive option for individuals who are looking to avoid invasive surgical procedures.
The future of the non-surgical intragastric balloon market looks promising, with advancements in technology and increasing investments in research and development expected to drive further growth. As more people seek effective ways to manage their weight and improve their overall health, the demand for non-surgical weight loss solutions like the intragastric balloon is likely to continue to increase.
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Market Segmentation 2024 to 2031
The Non Surgical Intragastric Balloon Market Analysis by types is segmented into:
• Saline Filled
• Gas Filled
• Others
The non-surgical intragastric balloon market types include saline filled balloons, gas filled balloons, and others. Saline filled balloons are filled with a sterile saline solution and are commonly used for weight loss procedures. Gas filled balloons are filled with gas, typically nitrogen or carbon dioxide, and are a newer alternative to saline-filled balloons. Other types of intragastric balloons may use different materials or technologies to achieve similar weight loss effects. Each type of balloon offers unique benefits and considerations for patients undergoing this non-surgical weight loss procedure.
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The Non Surgical Intragastric Balloon Market Industry Research by Application is segmented into:
• Hospital
• Clinic
• Others
The non-surgical intragastric balloon market finds application in hospitals, clinics, and other healthcare settings. Hospitals utilize intragastric balloons for weight management in obese patients. Clinics offer intragastric balloon procedures as a non-invasive weight loss solution. Other healthcare facilities also provide intragastric balloon services for patients looking to achieve weight loss goals without surgery. The growing adoption of this technology across various healthcare settings highlights its effectiveness and versatility in addressing obesity.
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In terms of Region, the Non Surgical Intragastric Balloon Market Players available by Region are:
North America:
• United States
• Canada
Europe:
• Germany
• France
• U.K.
• Italy
• Russia
Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia
Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea
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What are the Emerging Trends in the Global Non Surgical Intragastric Balloon market?
- Nanotechnology and biodegradable materials are emerging technologies in the Non Surgical Intragastric Balloon market, providing more efficient and safer options for patients.
- Consumer preferences are shifting towards non-invasive weight loss solutions, driving the demand for Non Surgical Intragastric Balloons as an alternative to surgery.
- Industry disruptions such as the COVID-19 pandemic have led to an increased focus on remote monitoring and telemedicine solutions for Non Surgical Intragastric Balloon procedures.
- The market growth of Non Surgical Intragastric Balloons is expected to be driven by advancements in materials and technology, as well as increasing awareness and acceptance of non-surgical weight loss options.
Non Surgical Intragastric Balloon Market Competitive Analysis
SANTE ACTIONS is a leading player in the non-surgical intragastric balloon market with a strong presence in Europe. The company has a history of developing innovative medical devices and has been successful in expanding its market reach over the years. SANTE ACTIONS has shown significant growth in the intragastric balloon market due to its focus on product development and strategic partnerships.
Apollo Endosurgery is a well-established player in the intragastric balloon market with a global presence. The company has a history of introducing cutting-edge technology and has remained at the forefront of the market. With a strong focus on research and development, Apollo Endosurgery has experienced steady growth in the intragastric balloon market.
In terms of market size, the non-surgical intragastric balloon market is expected to reach USD 358.5 million by 2025, according to a report by Grand View Research. The market is driven by the increasing prevalence of obesity and the growing demand for minimally invasive weight loss procedures.
In terms of sales revenue, Allurion Technologies reported sales revenue of USD 19.3 million in 2020. BAROnova reported sales revenue of USD 12.8 million in the same year.
Overall, the non-surgical intragastric balloon market is highly competitive, with key players like SANTE ACTIONS, Apollo Endosurgery, Allurion Technologies, and BAROnova driving market growth through innovation and strategic partnerships. With a growing demand for minimally invasive weight loss solutions, the market is expected to continue expanding in the coming years.
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https://www.linkedin.com/pulse/global-music-editing-software-market-product-type-application-x8igf
https://www.linkedin.com/pulse/global-education-training-market-product-type-application-region-p1v1f
https://www.linkedin.com/pulse/ic-design-service-market-size-share-trends-analysis-report-end-9xwcf
https://www.linkedin.com/pulse/electric-power-equipment-market-analysis-report-global-insights-hdgzf
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