Intragastric Balloon Market Synopsis:
Intragastric Balloon Market Size Was Valued at USD 0.062 Billion in 2023, and is Projected to Reach USD 0.147 Billion by 2032, Growing at a CAGR of 10.10% From 2024-2032.
The Intragastric Balloon Market implies the global market of such products as manufactures, sellers, and developers of those medical devices used for the non-surgical weight loss procedure. An intragastric balloon is a soft and inflatable saline or a gas compartment that is endoscopically placed in the human stomach to predispose patients to take a limited amount of food to eat suppressing their appetites. These devices are designed to be used for short term and are generally used in combination with a supervised plan to change diet and physical activity. The market comprises products, services, technologies focused on promoting weight reduction in individuals with a BMI greater than 30 who have failed conventional therapies.
The Intragastric Balloon Market’s primary growth engine is the growing incidence of the obesity problem on a global scale. Most people are confirmed to be living with this condition, with WHO stating that more than 650 million adults are obese around the world. This rising number is putting tremendous pressure to treat obesity with procedures that are not as radical as bariatric surgery. Having limitations or being insufficient in results when combined with dieting or exercising, intragastric balloons can be considered as an appealing option for patients, as they don’t require invasive surgery. In addition, there is increasing concern to address obesity health consequences including diabetes, cardiovascular diseases and some types of cancer that compel individuals into seeking medical cure for obesity.
Furthermore, there has been a growth in health systems globally, but particularly in the developing world which increases the opportunity to seek obesity treatment like intragastric balloons. Most governments and medical institutions are beginning to understand the impact of obesity on the health of the population and are starting to demand for the approach to start earlier. An expanded cost-effectiveness of using balloons in surgeries, advancement in technology in the balloon systems including, improving safety features and better materials and the shift towards effective preventative care are other factors that adding to the growth of the market.
Intragastric Balloon Market Trend Analysis:
The introduction of improved, patient-friendly balloon systems.
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The most encouraging trend witnessed in the Intragastric Balloon Market is the advancement towards enhancing and better balloon systems for the patient. Scientists and manufacturers are also concerned with creating balloons that can be delivered and retrieved non-invasively without the dangers of complications. Competing devices that do not have to be endoscopically inserted or extracted from the stomach are being deployed more and more, particularly in the outpatient setting. These modifications are intended to minimize the costs of procedure so that treatment can be offered to a broader population. Furthermore, the recent addition of new types of balloons, where the volume capacity can be changed, is enabling the clinicians allow for specific adjustments required for the patient based on current conditions met during the procedure.
- The other trend has to do with the growth of combination therapies.” Intragastric balloons serve as complementary treatments to the other weight loss remedies now accepted medically, including programs, medications, or diets. It has been established that the incorporation of intragastric balloons within comprehensive weight loss approaches involving other hand, psychological treatments as well as more efficient lifestyles, is establishing new prospects in the market. Furthermore, telemedicine is on the rise such that follow-up consultations and assessment of patient progress do not have to be done physically at the hospital.
Changing lifestyles, urbanization, and increased consumption of calorie-dense, processed foods
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New economy’ countries represent the positioned containing vast opportunities for the Intragastric Balloon Market. Countries in Asia-Pacific and Latin America among others are recording high rates of obesity because of shift in our diets and the kind of foods we are taking, and the increased rates of urbanization. With enhancing health care facilities these areas offer market opportunities in intragastric balloon procedures. Economies are further evincing keen interest in interventions in public health sector, providing subsidies and extending investments in various obesity related healthcare solutions which has provided more opportunity for market growth.
- Furthermore, the growth of laparoscopically or endoscopically performed procedures over conventional surgical approaches to weight control also presents this need. Most patients are not willing to undergo surgery because it has risk factors that are higher than the less invasive procedures, takes longer time to heal and is costly. Intragastric balloons are less burdensome in-patient population endurable and comparatively cost effective than surgeries. Since value-based care is being implemented in many healthcare systems this day, the requirement for more effective yet minimally invasive anti-obesity solutions will progress the conception and use of such treatments.
Intragastric Balloon Market Segment Analysis:
Intragastric Balloon Market is Segmented on the basis of Product type, Filling Type, end user, and Region
By Product Type, Single Balloon Systems segment is expected to dominate the market during the forecast period
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The intragastric balloon market by product type is categorized into single balloon, dual balloon, and triple balloon that are developed to address needs of various patients. Solely accessed populations are the most widespread and include the implantation of a saline- or gas-filled balloon into the stomach to instigate satiety and therefore reduced eating. In double balloon systems, there are two balloons, which are generally fixed in the stomach and because it occupies more volume, it is thought to yield better outcome in weight loss. Triple balloon systems are the most sophisticated, composed of three balloons that may be inflated separately providing better manageability of the procedure and also better for patients who might require precise modifications to weight loss regimen perhaps due to their personal difficulty levels.
By Filling Material, Saline-Filled Balloons segment expected to held the largest share
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Based on the filling material, the intragastric balloon market includes saline filled balloon and gas filled balloon for varied applications. The most frequent are latex based and are filled with a sterile salt water solution which can be easily changed during the procedure. This type is deemed safe and effective since, in the event of any rupture, the enclosing saline is safely absorbed by the body. By the same token, disposable or reusable clinical balloons, those filled with air or nitrous oxide as against the latter, are intended to be lighter in nature while safer for the patient. That, in turn, may provide the fast, easy, and safe balloon insertion, fewer endoscopic devices used, and may make them suitable for particular clinical contexts.
Intragastric Balloon Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
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North America reigns king in the global Intragastric Balloon Market, having the largest market share owing to the increasing incidence of obesity and various complications related to it such as diabetes and heart diseases. One of the countries that have been most affected by this global trend is the United States of America; with more than 40% of the considered adult population as obese. It therefore makes them feel the need for appropriate and efficient weight loss interventions. Several factors support the adoption of intragastric balloon systems in the region such as advanced healthcare system, high patient awareness of non-surgical obesity interventions.
- Also growth of key market players in the region coupled with constant innovations in the field provided North America with means to retain its leadership. This non-surgical technique has received increase demand among patients as the intragastric balloon procedures are a lot less invasive than bariatric surgery and the recovery period is much shorter. Furthermore, reimbursement policies have been favorable to such a venture, and there is improved access to skilled human resource in healthcare sector. Technological enhancement, awareness programme and better follow-up services will further strengthen the region’s trends in future.
Active Key Players in the Intragastric Balloon Market:
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Allurion Technologies (USA)
- Apollo Endosurgery (USA)
- Districlass Medical (France)
- Endalis (France)
- Helioscopie Medical Implants (France)
- Medicone Medical Devices (Argentina)
- Obalon Therapeutics (USA)
- ReShape Lifesciences Inc. (USA)
- Silimed Inc. (Brazil)
- Spatz Medical (Israel)
- Other Active Players
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Intragastric Balloon Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 0.062 Billion |
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Forecast Period 2024-32 CAGR: |
10.10 % |
Market Size in 2032: |
USD 0.147 Billion |
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Segments Covered: |
By Product Type |
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By Filling Material |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Intragastric Balloon Market by Product Type
4.1 Intragastric Balloon Market Snapshot and Growth Engine
4.2 Intragastric Balloon Market Overview
4.3 Single Balloon Systems
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Single Balloon Systems: Geographic Segmentation Analysis
4.4 Dual Balloon Systems
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Dual Balloon Systems: Geographic Segmentation Analysis
4.5 Triple Balloon Systems
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Triple Balloon Systems: Geographic Segmentation Analysis
Chapter 5: Intragastric Balloon Market by Filling Material
5.1 Intragastric Balloon Market Snapshot and Growth Engine
5.2 Intragastric Balloon Market Overview
5.3 Saline-Filled Balloons
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Saline-Filled Balloons: Geographic Segmentation Analysis
5.4 Gas-Filled Balloons
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Gas-Filled Balloons: Geographic Segmentation Analysis
Chapter 6: Intragastric Balloon Market by End User
6.1 Intragastric Balloon Market Snapshot and Growth Engine
6.2 Intragastric Balloon Market Overview
6.3 Hospitals
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Hospitals: Geographic Segmentation Analysis
6.4 Ambulatory Surgical Centers
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Ambulatory Surgical Centers: Geographic Segmentation Analysis
6.5 Clinics
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Clinics: Geographic Segmentation Analysis
6.6 Others
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Others: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Intragastric Balloon Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 ALLURION TECHNOLOGIES (USA)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 APOLLO ENDOSURGERY (USA)
7.4 RESHAPE LIFESCIENCES INC. (USA)
7.5 OBALON THERAPEUTICS (USA)
7.6 SPATZ MEDICAL (ISRAEL)
7.7 ALLURION TECHNOLOGIES (USA)
7.8 MEDICONE MEDICAL DEVICES (ARGENTINA)
7.9 ENDALIS (FRANCE)
7.10 HELIOSCOPIE MEDICAL IMPLANTS (FRANCE)
7.11 SILIMED INC. (BRAZIL)
7.12 DISTRICLASS MEDICAL (FRANCE)
7.13 OTHER ACTIVE PLAYERS
Chapter 8: Global Intragastric Balloon Market By Region
8.1 Overview
8.2. North America Intragastric Balloon Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Product Type
8.2.4.1 Single Balloon Systems
8.2.4.2 Dual Balloon Systems
8.2.4.3 Triple Balloon Systems
8.2.5 Historic and Forecasted Market Size By Filling Material
8.2.5.1 Saline-Filled Balloons
8.2.5.2 Gas-Filled Balloons
8.2.6 Historic and Forecasted Market Size By End User
8.2.6.1 Hospitals
8.2.6.2 Ambulatory Surgical Centers
8.2.6.3 Clinics
8.2.6.4 Others
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Intragastric Balloon Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Product Type
8.3.4.1 Single Balloon Systems
8.3.4.2 Dual Balloon Systems
8.3.4.3 Triple Balloon Systems
8.3.5 Historic and Forecasted Market Size By Filling Material
8.3.5.1 Saline-Filled Balloons
8.3.5.2 Gas-Filled Balloons
8.3.6 Historic and Forecasted Market Size By End User
8.3.6.1 Hospitals
8.3.6.2 Ambulatory Surgical Centers
8.3.6.3 Clinics
8.3.6.4 Others
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Intragastric Balloon Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Product Type
8.4.4.1 Single Balloon Systems
8.4.4.2 Dual Balloon Systems
8.4.4.3 Triple Balloon Systems
8.4.5 Historic and Forecasted Market Size By Filling Material
8.4.5.1 Saline-Filled Balloons
8.4.5.2 Gas-Filled Balloons
8.4.6 Historic and Forecasted Market Size By End User
8.4.6.1 Hospitals
8.4.6.2 Ambulatory Surgical Centers
8.4.6.3 Clinics
8.4.6.4 Others
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Intragastric Balloon Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Product Type
8.5.4.1 Single Balloon Systems
8.5.4.2 Dual Balloon Systems
8.5.4.3 Triple Balloon Systems
8.5.5 Historic and Forecasted Market Size By Filling Material
8.5.5.1 Saline-Filled Balloons
8.5.5.2 Gas-Filled Balloons
8.5.6 Historic and Forecasted Market Size By End User
8.5.6.1 Hospitals
8.5.6.2 Ambulatory Surgical Centers
8.5.6.3 Clinics
8.5.6.4 Others
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Intragastric Balloon Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Product Type
8.6.4.1 Single Balloon Systems
8.6.4.2 Dual Balloon Systems
8.6.4.3 Triple Balloon Systems
8.6.5 Historic and Forecasted Market Size By Filling Material
8.6.5.1 Saline-Filled Balloons
8.6.5.2 Gas-Filled Balloons
8.6.6 Historic and Forecasted Market Size By End User
8.6.6.1 Hospitals
8.6.6.2 Ambulatory Surgical Centers
8.6.6.3 Clinics
8.6.6.4 Others
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Intragastric Balloon Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Product Type
8.7.4.1 Single Balloon Systems
8.7.4.2 Dual Balloon Systems
8.7.4.3 Triple Balloon Systems
8.7.5 Historic and Forecasted Market Size By Filling Material
8.7.5.1 Saline-Filled Balloons
8.7.5.2 Gas-Filled Balloons
8.7.6 Historic and Forecasted Market Size By End User
8.7.6.1 Hospitals
8.7.6.2 Ambulatory Surgical Centers
8.7.6.3 Clinics
8.7.6.4 Others
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
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Intragastric Balloon Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 0.062 Billion |
|
Forecast Period 2024-32 CAGR: |
10.10 % |
Market Size in 2032: |
USD 0.147 Billion |
|
Segments Covered: |
By Product Type |
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By Filling Material |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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