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Intragastric Balloon Market by Product (Single intragastric balloon, Dual intragastric balloon, Triple intragastric balloon), by Filling Material (Saline-filled balloon, Gas-filled balloon), by End-use (Hospitals, Ambulatory surgical centers, Clinics), by North America (U.S., Canada), by Europe (Germany, UK, France, Spain, Italy), by Asia Pacific (China, India, Japan, Australia), by Latin America (Brazil, Mexico, Argentina), by Middle East and Africa (South Africa, Saudi Arabia, UAE, Egypt) Forecast 2025-2033
The size of the Intragastric Balloon Market was valued at USD 34.0 Million in 2024 and is projected to reach USD 81.99 Million by 2033, with an expected CAGR of 13.4% during the forecast period. The Intragastric Balloon Market centers on a non-surgical method for weight loss that entails placing a balloon in the stomach, which is subsequently inflated to decrease stomach capacity, resulting in a sensation of fullness and lowered food consumption. This less invasive procedure is generally utilized for people with obesity or for those seeking a temporary weight control method prior to more permanent surgical options. The market is influenced by the growing incidence of obesity, heightened health consciousness, and the desire for less invasive options compared to conventional weight-loss procedures. Intragastric balloons are frequently considered a choice for patients who have not attained their desired outcomes through diet and exercise alone. Progress in balloon technology, enhanced safety features, and increasing clinical data backing the efficacy of this treatment are further driving the market's expansion. With the increasing demand for non-invasive, reversible weight-loss options, the Intragastric Balloon Market is projected to grow substantially, propelled by healthcare professionals and patients looking for alternatives to conventional weight-loss methods.
The market is moderately concentrated, with leading players holding significant market share. Innovation is centered around the development of safer and more effective balloons with adjustable filling and removal mechanisms. Regulatory approvals and standards play a crucial role in market dynamics, ensuring patient safety and product efficacy. The market experiences minimal product substitution, as intragastric balloons have unique features compared to other weight loss interventions. End-user concentration is high, with hospitals accounting for a significant portion of the market. M&A activities have been prevalent, with larger companies acquiring smaller players to expand their product portfolios and geographic reach.
Key market insights include the emergence of adjustable balloons that allow for personalized weight loss goals. The shift towards single-use balloons for enhanced safety and cost-effectiveness is another trend. Additionally, the growing popularity of bariatric endoscopy centers and the increasing adoption of intragastric balloons as a bridge to bariatric surgery are driving market expansion. Advances in balloon materials and coatings have improved safety profiles, reduced side effects, and extended the duration of intragastric balloon placement.
The report provides comprehensive insights into the Intragastric Balloon Market, including:
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 13.4% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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