Intragastric Balloon Market by Product Type (Single, Dual, Triple), by Administration (Pill, Endoscopy), by Filling Material (Saline-Filled, Gas-Filled), by End-user (Hospitals & Clinics, Outpatient Surgical Centers, Others), by North America (U.S., Canada) Forecast 2024-2032
The Intragastric Balloon Market size was valued at USD 39.2 USD Million in 2023 and is projected to reach USD 97.49 USD Million by 2032, exhibiting a CAGR of 13.9 % during the forecast period. The Intragastric Balloon (IGB) stands for non-surgical weight loss object which is done endoscopically inside the stomach. It is produced in many varieties that contain saline fluids and gas balloons. The balloon takes some room in the stomach. The client does not feel the hunger and will eat less food than before. It is normally used in combo with diet plus lifestyle changes for patients whose BMIs are higher and did not respond to those other weight loss methods. The market of IGBs has registered steady rates of expansion due to increasing obesity prevalence and demand for a minimally invasive weight-reduction methodology. On the other hand, it could be impacted by a variety of factors such as the implication of regulatory changes, market competition, and availability of alternative treatments.
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Administration:
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The comprehensive Intragastric Balloon Market Report provides:
The global intragastric balloon market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to hold the largest market share due to high obesity rates and well-developed healthcare infrastructure.
The price of an intragastric balloon procedure can vary depending on the product type, administration method, and geographic location. The average price for a single balloon procedure in the U.S. ranges from USD 6,000 to USD 10,000.
The global intragastric balloon market is characterized by significant trade activity. Major import and export regions include the United States, China, and the European Union.
The intragastric balloon market is protected by numerous patents and trademarks held by various manufacturers. These include patents on balloon design, materials, and filling materials, as well as trademarks for brand names.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 13.9 % from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 13.9 % from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
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