Market Research

Gastric Balloon Market Size and Trends, Regulations and Competitive Landscape Outlook to 2027

Jul 27, 2020 7:37 AM ET

iCrowd Newswire – Jul 27, 2020

Gastric Balloon Market is expected to reach US$ 152.1 Mn in 2027 from US$ 67.3 Mn in 2018. The market is estimated to grow with a CAGR of 9.7% from 2019-2027. The report highlights the trends prevalent in the global gastric balloon market and the factors driving the market along with those that act as deterrents to its growth.

Global gastric balloon market, based on product was segmented as, single gastric balloons, dual gastric balloons and triple gastric balloons. In 2018, the single gastric balloon held the largest share of the market, by product. Additionally, the segment is also expected to grow at the fastest CAGR during the forecast period owing to better benefits offered as compared to the dual and triple gastric balloon, also the implantation of a single balloon causes less discomfort, leading to its rising preference.

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The market for gastric balloon is expected to grow due to rising cases of obesity as well as increasing preference for minimally invasive surgical method. In addition, growth of the market in emerging nations is likely to have a positive impact on the growth of the market in the coming years.

Key Players Influencing the Market:

  1. Allurion Technologies Inc.
  2. Apollo Endosurgery, Inc.
  3. ENDALIS
  4. Helioscopie Medical Implants
  5. LEXEL SRL
  6. MEDSIL
  7. Obalon Therapeutics, Inc.
  8. ReShape Lifesciences, Inc.
  9. Silimed
  10. Spatz FGIA, Inc.

The gastric balloon market by end user is segmented into hospitals, nursing homes and others. Others sub-segment includes bariatric surgeons, gastrointestinal endoscopists, nutritionists & aesthetic practitioners, and other end users. The bariatric surgeons segment held the largest in 2018, by end user. However, the segment of gastrointestinal endoscopists is expected to increase at a significant growth rate of 10.0% during the forecast period.

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Gastric Balloon Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Gastric Balloon Market segments and regions.

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Scope of the study:

The research on the Gastric Balloon Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Gastric Balloon Market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

Contact Information:

The Insight partners,
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Email: [email protected]
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