What's Driving the Intragastric Balloons Market 2025-2034: Rising Obesity Rates Fuel Expansion Of Intragastric Balloon

What Are the Projections for the Size and Growth Rate of the Intragastric Balloons Market?
There has been a substantial increase in the intragastric balloons market size over the past few years. It is projected to scale up from $19.89 billion in 2024 to $22.21 billion in 2025, boasting a compound annual growth rate (CAGR) of 11.7%. The increase seen during the historic period is credited to factors such as the escalation in obesity numbers, a surge in healthcare spending, relevant clinical proof and FDA accreditations, awareness drives, advancement in balloon designs, and the expansion of medical tourism.

The market for intragastric balloons is projected to experience a significant surge in the upcoming years, with an anticipated worth of $34.23 billion by 2029 and a CAGR of 11.4%. Factors such as celebrity influence, health concerns related to obesity, growth within emerging markets, growth in endoscopic procedures, an increase in the elderly population, and individually tailored treatment plans are expected to drive this growth. Prominent trends projected for this period encompass tech advancements, increased awareness via social media, integration with digital health platforms, use of artificial intelligence, virtual consultations, and improved patient education initiatives.

What Factors Are Fueling Growth in the Intragastric Balloons Market?
The rise in obesity rates is predicted to fuel the expansion of the intragastric balloon market. The state or proportion of a population considered obese based on Body Mass Index (BMI) measurements, typically defined as a BMI of 30 or above, is what's referred to as obesity rates. This rise in obesity rates can be attributed to factors such as dietary habits, sedentary lifestyles, economic considerations, advertising and marketing strategies, genetics and biology, mental and emotional issues, and urbanization and infrastructure. Intragastric balloons serve as a non-surgical weight-loss solution for obese people, filling up space in the stomach, inducing a sense of satiety and reducing food consumption. As an example, the World Obesity Atlas 2022, published by the UK-based non-profit World Obesity Federation, reported in March 2023 that the worldwide economic burden of overweight and obesity is anticipated to hit $4.32 trillion annually by 2035, assuming prevention and treatment efforts remain consistent. By then, more than half the global population (51%, or more than 4 billion people) may be overweight or obese, with almost 2 billion, or 1 in 4 people, expected to be obese if the current trends persist. As such, the escalating obesity rates are precipitating the growth of the intragastric balloon market.

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Which Businesses Are at the Forefront of Intragastric Balloons Market Development?
Major companies operating in the intragastric balloons market are Medtronic plc, Mayo Clinic, Boston Scientific Corporation, Cleveland Clinic, Mediclinic Group, Spire Healthcare Group plc, Micro-Tech (Nanjing) Co., Ltd., American Hospital Dubai LLC, Silimed GmbH, Apollo Endosurgery Inc., Allurion Technologies Inc., MedicalExpo, ReShape Lifesciences Inc., Districlass Medical SA, Healthware Private Limited, Spatz Medical, Helioscopie SA, Bariatric Solutions International GmbH, HexaHealth Care Pvt. Ltd., USGI Medical Inc., Inamed Health, Medsil, Obalon Therapeutics Inc., Endalis, Lexel SRL

What Are the Latest Innovations in the Intragastric Balloons Market?
Leading companies in the intragastric balloon market are striving to enhance advancements in non-surgical weight-loss devices such as swallowable gastric balloons, focusing on improving patient comfort, ease of use, and accessibility. These are devices that assist with weight loss by temporarily occupying space in the stomach, inducing a fullness sensation, and lowering the amount of food consumed. For example, in September 2022, Allurion Technologies Inc., a medical device firm from the United States, debuted a swallowable gastric balloon capsule in India. This is the globe's first non-surgical swallowable gastric balloon that doesn't require an endoscopy or anesthesia for insertion or removal. The Allurion gastric balloon capsule provides a secure, non-surgical, and effective method for significant weight loss, aiding individuals in adopting healthier lifestyle habits for sustained success.

How Is the Intragastric Balloons Market Segmented?
The intragastric balloons market covered in this report is segmented -

1) By Type: Single, Dual, Triple Intragastric Balloons
2) By Filling Material: Saline Filled, Gas Filled
3) By Distribution Channel: Online Pharmacies, Retail Pharmacies, Hospital Pharmacies
4) By Application Areas: Obesity, Diabetes, Diet Control, Weight-loss, Pre-operative Weight Reduction, Other Applications
5) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End-Users

Subsegments:
1) By Single Intragastric Balloon: Silicone-Based Single Balloon, Non-silicone-Based Single Balloon
2) By Dual Intragastric Balloon: Silicone-Based Dual Balloon, Non-silicone-Based Dual Balloon
3) By Triple Intragastric Balloon: Silicone-Based Triple Balloon, Non-silicone-Based Triple Balloon

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Where Is the Intragastric Balloons Market Growth Most Prominent?
North America was the largest region in the intragastric balloons market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intragastric balloons market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

What Is Covered In The Intragastric Balloons Global Market Report?

- Market Size Analysis: Analyze the Intragastric Balloons Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Intragastric Balloons Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Intragastric Balloons Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Intragastric Balloons Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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