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Gastric Bands Market worth $86.89 million by 2030, growing at a CAGR of 4.66% - Exclusive Report by 360iResearch
Gastric Bands Market | 360iResearch
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The market for gastric bands, also known as laparoscopic adjustable gastric bands (LAGBs), displays substantial growth potential due to the rising global obesity rates, increased focus on weight management, and advancements in minimally invasive surgical techniques. Comprising segments based on product type, material type, end-user, and distribution channel, the market's scope includes thorough global and regional analysis alongside competitive landscape assessment involving key players, market share, and R&D activities. Emphasizing the necessity for LAGBs, rising obesity rates and the associated health complications necessitate effective treatment options, with gastric bands offering a non-invasive alternative to other bariatric surgeries and addressing economic burdens due to obesity-related conditions. The primary applications include weight management, prevention of comorbidities, and post-surgical adjustments, serving end-users such as hospitals, clinics, ambulatory surgical centers (ASCs), and specialized weight loss centers. Key factors driving growth include the global obesity epidemic, technological advancements in materials and surgical methods, supportive government initiatives, and improved safety and efficacy profiles for gastric bands. The market faces potential opportunities in emerging markets with increasing obesity rates, integration with telehealth for remote monitoring, customization of surgical solutions, and strategic partnerships to broaden market reach. However, limitations such as high costs, potential complications, and variable efficacy, alongside challenges like regulatory hurdles, variable insurance coverage, and competition from other bariatric procedures, must be addressed. Innovations in biocompatible materials, smart bands with real-time feedback, effective non-surgical alternatives, and patient-specific solutions based on comprehensive health data are crucial for continued market growth. The dynamic and competitive nature of the market underscores the need for continuous innovation and strategic planning to balance advanced product development with accessibility and compliance.
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Market Segmentation & Coverage:
This research report categorizes the Gastric Bands Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Adjustable Gastric Bands and Non-adjustable Gastric Bands.
Based on Material, market is studied across Polyethylene Gastric Bands and Silicone Gastric Bands.
Based on End-User, market is studied across Ambulatory Surgical Centers, Hospitals, and Specialty Clinics.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Gastric Bands Market, highlighting leading vendors and their innovative profiles. These include Apollo Endosurgery, Inc., Cousin Biotech, Endo Tools Therapeutics S.A., EndoGastric Solutions, Inc., Hologic, Inc., JOHNSON & JOHNSON SERVICES, INC., Karl Storz SE & Co. KG, Mediflex Surgical Products, Medline Industries, LP, Medtronic Plc, New York Bariatric Group's, ReShape Lifesciences Inc., SILIMED INDUSTRIA DE IMPANTES LTDA, Spatz FGIA Inc., Surgical Tools, Inc., TedPella Inc., USGI Medical, and W. L. Gore & Associates, Inc..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Gastric Bands Market, by Type
7. Gastric Bands Market, by Material
8. Gastric Bands Market, by End-User
9. Americas Gastric Bands Market
10. Asia-Pacific Gastric Bands Market
11. Europe, Middle East & Africa Gastric Bands Market
12. Competitive Landscape
13. Competitive Portfolio
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