Gastric Balloon Market Trends, Business Overview, Industry Growth and Forecast to 2028

The Gastric Balloon Market was valued at US$ 67.3 million in 2018 and it is projected to reach US$ 152.1 million by 2027; it is expected to grow at a CAGR of 9% from 2022 to 2028. Gastric balloons have recently been favored for weight loss. Unlike other procedures for weight loss, gastric ballooning is a non-invasive way to manage weight loss. The gastric balloon is the least inflated form, inserted through the mouth and pushed down the esophagus. When the balloon reaches the stomach, it is filled with saline or gas using a tube and removed when the balloon is placed. This balloon is inserted into the stomach for about 6 months to achieve adequate weight loss. Gastric Balloon’s growth in the medical market is attributed to the growing preference for minimally invasive methods for weight loss, which is a major driver of market growth during the forecast period. However, the growth of the market is limited due to the lack of compensation for side effects and complications caused by the use of gastric balloons and side effects.

 

Market Segments

By Product

• Single Gastric Balloons

• Dual Gastric Balloons
• Triple Gastric Balloons

By Filling Material

• Saline Filled
• Gas Filled

By End-User

• Bariatric Surgeons
• Gastrointestinal Endoscopists 
• Nutritionists & Aesthetic Practitioners
• Other End Users

Key Players

Some of the companies which are currently dominating the market are Obalon Therapeutics, Allurion Technologies, Apollo Endosurgery, Districlass Medical, Helioscopie Medical Implants, Silimed, Lexel, Medsil, ReShape Medical, Spatz.

Scope of the Report

The research study analyzes the global Gastric Balloon industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Gastric Balloon Market Report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?