Gastric Balloon is a soft, smooth, durable balloon made up of silicone rubber which is placed in stomach to reduce stomach’s capacity and help individual feel full with less food. By using the endoscope doctors insert the deflated balloon into the stomach through the mouth. It is a temporary treatment for obesity that helps to lose weight by reducing volume of stomach without surgery. This balloon is filled with a saltwater and stay in place up to nine months. The use of balloon can help to reduce risk associated with surgical procedures on overweight persons.

The rising global prevalence of obesity is the major factor contributing the growth of Gastric Balloon market growth. According to WHO (World Health Organization), estimated that by 2025 around 167 million people are projected to become less healthy due to obesity. Further, approval of product by FDA has also driven market growth. For instance, in October 2021, Food and Drug Administration (FDA) has given an approval to Spatz Medical for the Spatz3 Gastric Balloon, one of the first adjustable gastric balloons. These approvals are projected to increase the demand for Gastric Balloon market growth.Gastric Balloon Market was valued at US$ 110.9 Million in 2024 and is projected to grow at a CAGR of 10.00% to reach US$ 263.7 Million by 2034.

The report “Gastric Balloon Market by Type (Saline Filled and Gas Filled), By Application (Hospital, and Clinic), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2034”

 Key Highlights:

• In September 2022, Allurion has launched swallowable gastric balloon capsule for weight loss in India which is world’s first and only swallowable gastric balloon for weight loss. It is the only medical device for weight loss which is approved by Central Drugs Standard Control Organization (CDSCO).
• In March 2021, Apollo Endosurgery receives breakthrough device designation from U.S. FDA (Food and Drug Administration) for “Orbera Intragastric Balloon” which is used in treating patients with NASH (Non-alcoholic steatohepatitis) and provide more effective treatment or diagnosis for life-threatening or irreversibly debilitating diseases or conditions.

Analyst View:

The key factors driving the Gastric Balloon market growth includes the rise in patient’s preference for minimally invasive technologies like sleeve gastrostomy and gastric bypass, acceptance of weight loss surgical intervention, and increasing number of patients. The rising prevalence of obesity, delay in new drug launch due to disrupted clinical trials, technological advancements, product approvals and acquisitions of key players are expected to boost the Gastric balloon market. 

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Gastric Balloon Market by Type (Saline Filled and Gas Filled), By Application (Hospital, and Clinic), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2034”

Key Market Insights from the report:

Gastric Balloon Market was valued at US$ 110.9 Million in 2024 and is projected to grow at a CAGR of 10.00% to reach US$ 263.7 Million by 2034.. The Gastric Balloon Market is segmented based on Type, Application, and Region.

• Based on Type, Gastric Balloon Market is segmented into Saline Filled and Gas Filled.
• Based on Application, Gastric Balloon Market is segmented into Hospital and Clinic.
• By Region, the Gastric Balloon Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Gastric Balloon Market:

The prominent players operating in the Gastric Balloon Market includes, Apollo Endosurgery, ReShape Medical, Helioscopie Medical Implants, Allurion, Spatz FGIA, Lexal, Obalon, Medsil, Endalis, Districlass Medical, Medicone, and others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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