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#How Has the Intragastric Balloons Market Growth Performance Trended Historically, And What Lies Ahead?

Over the past few years, the size of the intragastric balloons market has seen a significant increase. It is projected to escalate from $19.89 billion in 2024 to a substantial $22.21 billion in 2025, bearing a compound annual growth rate (CAGR) of 11.7%. This growth during the historic period is largely due to factors such as the increase in obesity rates, the upsurge in healthcare spending, clinical proofs, FDA endorsements, awareness drives, advancements in balloon designs, and an expansion in medical tourism.

What Is the Forecast for the Intragastric Balloons Market Size Through 2029?

The market size of intragastric balloons is anticipated to experience swift expansion in the coming years, with an expected value of $34.23 billion in 2029 and a compound annual growth rate (CAGR) of 11.4%. Several factors contributing to this growth are celebrity endorsements, the prevalence of obesity-related health complications, growth in untapped markets, a rise in endoscopic procedures, a growing older population, and tailored treatment strategies. Noteworthy trends for the forecasting period involve technological advancements, social media awareness campaigns, the amalgamation with digital health platforms, implementation of artificial intelligence, the rise of virtual consultations, and improved patient education initiatives.

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What are the Key Market Players in Intragastric Balloons Market and How They’re Evolving?

Major companies operating in the intragastric balloons market are Medtronic plc, Mayo Clinic, Boston Scientific Corporation, Cleveland Clinic, Mediclinic Group, Spire Healthcare Group plc, Micro-Tech (Nanjing) Co., Ltd., American Hospital Dubai LLC, Silimed GmbH, Apollo Endosurgery Inc., Allurion Technologies Inc., MedicalExpo, ReShape Lifesciences Inc., Districlass Medical SA, Healthware Private Limited, Spatz Medical, Helioscopie SA, Bariatric Solutions International GmbH, HexaHealth Care Pvt. Ltd., USGI Medical Inc., Inamed Health, Medsil, Obalon Therapeutics Inc., Endalis, Lexel SRL

What Are the Primary Growth Drivers in the Intragastric Balloons Market?

The rise in obesity rates is anticipated to stimulate the expansion of the intragastric balloon market. Obesity rates signify the portion of a population deemed obese based on body mass index (BMI) readings, generally categorized as having a BMI of 30 or above. This rise in obesity rates is attributed to factors such as sedentary lifestyle, dietary habits, economic circumstances, marketing and advertising, biology and genetics, psychological and mental influences, and urbanization and infrastructure. Intragastric balloons are employed by obese individuals as a non-operative method to assist in weight loss by filling stomach space, inducing satiety, and decreasing food consumption. For instance, the World Obesity Atlas 2022 from the World Obesity Federation, a non-profit organization based in the UK, reported in March 2023 that if prevention and therapy strategies remain stagnant, the worldwide economic impact of overweight and obesity could reach $4.32 trillion annually by 2035. By then, over half of the global population (51% or more than 4 billion individuals) could be impacted by overweight or obesity, with nearly 2 billion individuals—1 in 4 people—expected to be obese if the present trends persist. Consequently, the growing obesity rates are fueling the expansion of the intragastric balloon market.

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What Are the Leading Segments in the Global Intragastric Balloons Industry?

The intragastric balloons market covered in this report is segmented –

1) By Type: Single, Dual, Triple Intragastric Balloons

2) By Filling Material: Saline Filled, Gas Filled

3) By Distribution Channel: Online Pharmacies, Retail Pharmacies, Hospital Pharmacies

4) By Application Areas: Obesity, Diabetes, Diet Control, Weight-loss, Pre-operative Weight Reduction, Other Applications

5) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End-Users

Subsegments:

1) By Single Intragastric Balloon: Silicone-Based Single Balloon, Non-silicone-Based Single Balloon

2) By Dual Intragastric Balloon: Silicone-Based Dual Balloon, Non-silicone-Based Dual Balloon

3) By Triple Intragastric Balloon: Silicone-Based Triple Balloon, Non-silicone-Based Triple Balloon

What Are the Key Market Trends in the Intragastric Balloons Industry?

Major firms in the intragastric balloon market are concentrating their efforts on creating innovative advances in medical devices designed for weight loss, such as swallowable gastric balloons. These enhancements are geared at improving patient comfort, ease of use, and accessibility. Swallowable gastric balloons, non-surgical tools, assist in weight reduction by taking up temporary space within the stomach, creating a sensation of satiety, and cutting down on food consumption. Specifically, in September 2022, Allurion Technologies Inc., a medical device company based in the United States, introduced a swallowable gastric balloon capsule in India. This is the very first non-surgical swallowable gastric balloon in the world that doesn’t necessitate endoscopy or anesthesia for inserting or extracting. The Allurion gastric balloon capsule provides a safe, non-surgical, effective weight-loss solution, helping individuals successfully attain substantial weight loss and maintain healthy habits over the long run.

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What Is the Regional Outlook for the Intragastric Balloons Market?

North America was the largest region in the intragastric balloons market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intragastric balloons market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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This Report Delivers Insight On:

1. How big is the intragastric balloons market, and how is it changing globally?

2. Who are the major companies in the intragastric balloons market, and how are they performing?

3. What are the key opportunities and risks in the intragastric balloons market right now?

4. Which products or customer segments are growing the most in the intragastric balloons market?

5. What factors are helping or slowing down the growth of the intragastric balloons market?

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