Global Intragastric Balloons Market to reach $270mn by 2024 - PowerPoint PPT Presentation

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Global Intragastric Balloons Market to reach $270mn by 2024

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Get more details @ Some of the key players of intragastric balloons market include Allurion Technologies, Silimed, Districlass Medical, Obalon Therapeutics and ReShape Medical. Other notable players include Lexel, Medsil, Apollo Endosurgery, Spatz, Life Partners Europe, Helioscopie Medical Implants and Tulip Medical. – PowerPoint PPT presentation

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Title: Global Intragastric Balloons Market to reach $270mn by 2024


1
Intragastric Balloon Market to witness healthy
growth of 9.5 CAGR from 2016 to 2024 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Intragastric Balloon Market
  • Intragastric Balloons Market size is expected to
    exceed USD 270 million by 2024 as per a new
    research report by Global Market Insights.
  • Strong obesity and associated disease prevalence
    will drive the industry, increasing healthcare
    expenditure and improved awareness regarding
    early diagnosis of obesity will fuel business
    growth. Growing acceptance of minimally invasive
    techniques should also fuel intragastric balloons
    market growth. Positive regulatory approval rates
    of these systems have evolved an effective
    non-surgical treatment option for obesity and
    other weight related disorders.
  • Extensive use of intragastric balloons owing to
    cost advantage and presence of large number of
    industry players offering low priced products
    should stimulate business demand. The low cost of
    intragastric balloons compared with other
    invasive surgical procedures should drive
    industry growth.

3
Continued...
  • Technological innovation coupled with reduced
    costs associated with treatment, short hospital
    stay and reduced recovery time will boost
    intragastric balloons market growth. Some of the
    factors such as erosion, damage to the esophagus,
    persistent nausea and vomiting and bacterial
    growth within the balloon may hamper demand in
    the coming years.
  • The 2015 single intragastric balloons market
    share, was over 50 of global revenue, with more
    than 8 CAGR predicted, due to growing awareness
    coupled with increasing acceptance of
    non-invasive procedures. Saline filled balloons
    are set to witness over 9 CAGR, the ability to
    reduce weight and easy detection of deflation due
    to methylene blue should stimulate business
    growth.

4
UK Intragastric Balloon Market Size, By Product,
2012-2024 (USD Million)

5

Browse Full Market Research Report On
Intragastric Balloon Market _at_ http//bit.ly/2mmoR1
1 Request for a Sample of this Research
Report _at_ https//www.gminsights.com/request-sample
/detail/1173 https//www.gminsights.com/request-
sample/detail/49
6
Continued...
  • The 2015 global industry demand in hospitals was
    valued at over USD 45 million. Availability of
    highly skilled professionals, increased
    preference towards hospitals and high funding
    opportunities will accelerate industry growth.
    Some of the prominent industry participants are
    Apollo Endosurgery, Allurion technologies,
    ReShape Medical, Obalon therapeutics, Helioscopie
    Medical Implants, Spatz FGIA.
  • U.S. intragastric balloons market share will be
    driven by the favorable government initiatives
    and improved awareness levels. Obesity continues
    to be a growing epidemic increasing the risk of
    premature death from stroke, gall bladder,
    type-II diabetes and some cancers.
  • France is expected to grow over 10 CAGR during
    the forecast period. Rising obesity prevalence,
    growing demand for weight reduction procedures
    and unhealthy dietary habits will escalate growth.

7
Continued...
  • 2015 China intragastric balloons market size was
    over USD 4 million. Rising prevalence of obesity,
    improved healthcare infrastructure and growing
    awareness regarding early diagnosis of obesity
    should stimulate revenue growth. India should
    witness more than 10 gains owing to flourishing
    medical tourism industry and improvement in
    healthcare amenities to provide quality and cost
    effective obesity treatment.
  • Major industry players are consolidating their
    strategic position by increasing focus strategic
    alliances, mergers and acquisitions to widen
    their product portfolio and global presence.
    Companies are enormously investing on marketing
    activities including residential awareness
    programs and digital marketing to expand reach.

8
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