Intragastric balloons market outlook 2017 2023 by inkwood research

GLOBAL INTRAGASTRIC BALLOONS MARKET FORECAST 2017-2023 www.InkwoodResearch.co m

Report Summary KEY FINDING

• The Intragastric Balloons are used for weight loss.

• They are saline-filled silicone balloons placed in the stomach for a span of months and limit the intake of food by giving the feeling of satiety.

• The Intragastric Balloons Market was valued at US$136.64 million in 2017 and is expected to reach US$215.92 million by 2023 growing at a CAGR of 6.75% during the forecast period 2017-2023.

Market Insights •In 2017, Obesity has been estimated to cost the EU US$ 78.09 billion annually through healthcare costs and lost productivity.

•The US and the Gulf countries have the highest rate of obesity.

•Factors such as presence of a large obese population change in lifestyle, reduced hospital stay, short recovery time, and availability of low-priced Intragastric balloons is driving the growth of the market.

•However, limitations and adverse events of Intragastric balloons are likely to limit the adoption of this technology.

Market Share

Regional Insights •The Intragastric balloons market in Europe, Middle East, and Africa (EMEA) was valued at $85.81 million in 2017 and is expected to reach $131.71 million by 2023, growing at a CAGR of 6.31% during the forecast period.

•Americas’ market was valued at $38.72 million in 2017 and is expected to reach $66.94 million by 2023, growing at a CAGR of 8.14% during the forecast period.

• This market in APAC was valued at $12.12 million in 2017 and is expected to reach $17.27 million by 2023, growing at a CAGR of 5.20% during the forecast period.

Competitive Insights

•The Intragastric balloons market is highly competitive with presence of large, medium, and small players. Some of the major players in this market are Apollo Endoscopy Inc., Spatz FGIA Inc., Allurion Technologies Inc., ReShape Medical Inc., HÊlioscopie SA, and Obalon Therapeutics Inc.

Report Segmentation • REGIONAL ANALYSIS • NORTH AMERICA • US • CANADA • BRAZIL • REST OF AMERICA • EUROPE, MIDDLE EAST, AND AFRICA • GERMANY • UK • FRANCE • ITALY • SPAIN • REST OF EUROPE (ROE) • MIDDLE EAST • AFRICA

• ASIA PACIFIC (APAC) • • • •

JAPAN CHINA INDIA REST OF ASIA-PACIFIC (ROAPAC)

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