The Insight Partners published a new report, titled, “Gastric Balloon Market”. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine steps to be taken to gain a competitive advantage.
The report offers key drivers that propel the growth in the global Gastric Balloon market. These insights help market players in devising strategies to gain market presence. The research also outlined the restraints of the market. Insights on opportunities are mentioned to assist market players in taking further steps by determining the potential in untapped regions.
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The global gastric balloon market accounted to US$ 62.9 Mn in 2017 and is expected to grow at a CAGR of 9.7% during the forecast period 2018 – 2027, to account to US$ 152.1 Mn by 2027.
Key Competitors In Market are Allurion Technologies Inc., Apollo Endosurgery, Inc., ENDALIS, Helioscopie Medical Implants, LEXEL SRL, MEDSIL, Obalon Therapeutics, Inc., ReShape Lifesciences, Inc., Silimed, Spatz FGIA, Inc.
TOC points of Market Report:
Market size & shares
Market trends and dynamics
Market Drivers and Opportunities
Supply and demand
Technological inventions in industry
Marketing Channel Development Trend
Approvals and agreements were observed as the most adopted strategy in global gastric balloon industry. Few of the recent product launch and collaboration are listed below;
2018: In April, 2018, Apollo received approval from the Saudi Food and Drug Authority (SFDA) for the ORBERA365 Managed Weight Loss System. This approval enables the reach of ORBERA365 into the largest bariatric market in the Middle East with over 15,000 procedures performed per year.
2017: In November, 2017, Obalon and Sono Bello entered an agreement. Through the agreement the Obalon Balloon System would be used for non-surgical weight loss in Sono Bello centers across the US.
2015: In December 2015, Allurion received a CE mark allowing sale of the product in the European Union. The product has been made available in the weight loss centers in France, Italy and the United Kingdom.
Gastric Balloon Market to 2027 – Global Analysis and Forecasts By Product (Single Gastric Balloons, Dual Gastric Balloons and Triple Gastric Balloons), Filling Material (Saline Filled and Gas Filled), End User (Bariatric Surgeons, Gastrointestinal Endoscopists, Nutritionists, Aesthetic Practitioners, and Other End Users), and Geography
By Geography North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. And 13 countries globally along with current trend and opportunities prevailing in the region.
The target audience for the report on the market
Business development managers
Equity research firms
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