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In-Depth Analysis of the Intragastric Balloons Market: Growth Opportunities, Key Trends, and Forecast 2025-2034
Intragastric Balloons Market
The rising obesity rates are expected to drive the growth of the intragastric balloon market. Obesity, often measured by a BMI of 30 or higher, is increasingly prevalent due to factors like poor diets, sedentary lifestyles, and urbanization. Intragastric balloons are used by obese individuals as a non-surgical weight loss solution, promoting fullness and reducing food intake. According to the World Obesity Atlas 2022, the global economic impact of obesity could reach $4.32 trillion annually by 2035, with over half of the world's population projected to be overweight or obese by that time. This growing obesity trend is fueling the growth of the intragastric balloon market.
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What is the projected compound annual growth rate (CAGR) of the intragastric balloons market from 2025 to 2034, and what factors influence it?
The intragastric balloons market will increase from $19.89 billion in 2024 to $22.21 billion in 2025 at a CAGR of 11.7%, driven by obesity rates, healthcare spending, medical tourism, and improved balloon designs.
The intragastric balloons market is projected to grow to $34.23 billion by 2029 at a CAGR of 11.4%, fueled by obesity-related health concerns, social media awareness, and personalized treatments. Trends include AI-powered consultations, digital health integrations, and patient education programs.
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How are the latest trends influencing the growth of the intragastric balloons market?
Leading companies in the intragastric balloon market are focusing on innovations like swallowable gastric balloons to improve patient comfort and ease of use. Swallowable gastric balloons help with weight loss by occupying space in the stomach to reduce food intake. For example, in September 2022, Allurion Technologies Inc., a US-based medical device company, launched the world's first non-surgical swallowable gastric balloon capsule in India. This device does not require endoscopy or anesthesia for placement, offering a safe, effective, and minimally invasive solution for weight loss.
What are the major segments of the intragastric balloons market and their role in driving growth?
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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Which regions are key players in the growth of the intragastric balloons market?
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.
Who are the key firms paving the way for growth in the intragastric balloons market?
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
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What Is Covered In The Intragastric Balloons Global Market Report?
•Market Size Forecast: Examine the intragastric balloons market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the intragastric balloons market for a structured understanding.
•Key Players Overview: Analyze major players in the intragastric balloons market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the intragastric balloons market.
•Segment Contributions: Evaluate how different segments drive overall growth in the intragastric balloons market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the intragastric balloons market.
•Industry Challenges: Identify potential risks and obstacles affecting the intragastric balloons market.
•Competitive Landscape: Review strategic developments in the intragastric balloons market, including expansions, agreements, and new product launches.
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