The global intragastric balloon market is projected to reach USD 105 million by 2028, growing at a CAGR of 13.5%. Increasing obese population globally, low cost of intragastric balloon procedure and growing demand for minimally invasive surgeries are some of the factors driving the growth of the global intragastric balloon market.
Adroit Market Research report on global intragastric balloon market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for historic years from 2018 to 2019, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global intragastric balloon market have been studied in detail.
The global intragastric balloon market is categorized based on product, filling material and end-use. On the basis of product, the market is segmented into single intragastric balloon, dual intragastric balloon, and triple intragastric balloon. The single intragastric balloon dominated the market in 2020. On the basis of filling material, the market is segmented into saline-filled intragastric balloon and gas-filled intragastric balloon. By end-use, the market is segmented into hospitals, ambulatory surgical centers, and clinics. In 2020, hospitals accounted for the largest share of the global intragastric balloon market.
North America dominated the market for intragastric balloon in 2020, while Asia-Pacific is set to grow at the highest CAGR due to increasing dominance of obesity. Key players of the global intragastric balloon market include Apollo Endosurgery, Inc., Allurion Technologies, Inc., Obalon Therapeutics, Inc., Spatz3, Endalis, Helioscopie, MEDSIL, Lexel Medical, ReShape Medical, Inc., among others.
Key segments of the global intragastric balloon market
Product Overview, 2018-2028 (USD Million)
- Single intragastric balloon
- Dual intragastric balloon
- Triple intragastric balloon
Filling Material Overview, 2018-2028 (USD Million)
- Saline-filled intragastric balloon
- Gas-filled intragastric balloon
End-use Overview, 2018-2028 (USD Million)
- Ambulatory surgical centers
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Asia Pacific
- South America
- Middle East & Africa
- South Africa