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Global Gastric Balloons System Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023

(Medical-NewsWire.com, November 13, 2017 ) Gastric inflatable framework is an inventive non-surgical weight reduction strategy in which doctors incidentally puts gastric inflatable in stomach. Gastric inflatable framework will be put in stomach utilizing endoscopy through throat and a portion of the items are in swallowable container shape. With the assistance of gastric inflatables tolerant feel cushiness and it empowers diminish the weight. Gastric inflatable framework is utilized for patients just when eating regimen and exercise have flopped in lessening weight and surgery isn't needed or prescribed to understanding.



As per WHO Worldwide Wellbeing Observatory information, 2014 more than 1.9Bn individuals worldwide and about one-fourth of kids, young people in created nations are overweight or stout. No less than 2.8Mn individuals every beyond words consequence of overweight or fat and half of the total populace might be subjected to heftiness by 2030. Also, increment in the mindfulness about the outcomes identified with heftiness and odds of getting the other constant ailments, patients are wanting to shed pounds. Aside from fore specified elements, propels in gastric inflatable innovation prompted more sheltered and savvy strategy over the surgical strategies. Alongside this, short clinic stay, diminishing recuperation time, anticipated that would provoke social insurance experts to pick the gastric inflatable frameworks over other bariatric methodology. However the unfriendly occasions related with gastric inflatable frameworks, for example, expansion of inflatable, torment, swelling, heaving, and odds of getting intense pancreatitis are getting to be as controls for gastric inflatable framework advertise.



A sample of this report is available upon request @

https://www.precisionbusinessinsights.com/market-reports/global-gastric-balloons-system-market/#ulp-4H8Z4LpNMLEuOnnx



Gastric balloon system market is segmented based upon product, mode of administration, filling material and end user.



Based on product, gastric balloon system market is segmented into

Single Intra Gastric Balloon

Double Intra Gastric Balloon

Triple Intra Gastric Balloon



Based on filling material, gastric balloon system market is segmented into

Saline Filling

Gas Filling



Based on route of administration, gastric balloon system market is segmented into

Endoscopy

Swallowable



Based on end user, gastric balloon system market is segmented into

Hospitals

Bariatric Clinics

Ambulatory Surgical Centers



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Gastric balloon system is in growth phase, fluid filled gastric balloon products are having prevalent adverse events when compared to the gas filled products. In February 2017, U.S. FDA alerted healthcare providers stating about the high prevalence of adverse events with the usage of fluid filled gastric balloons. Due to the advancements in technology like development of swallowable capsules forms by Obalon technologies (obalon) and Allurion (elipse), and reducing the risks in using gastric balloon systems are increasing the acceptance of gastric balloon system products by patients. These factors are expected to bolster revenue growth of gastric balloon system market.



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Geographically market has been segmented into following regions Viz. North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Among all the regions North America accounts larger share due to more number of obese patients. According to Centers for Disease Control and Prevention (CDC), more than 36% of the US adult population is obese. In Europe increasing prevalence of the obesity and rising demand for weight loss products driving the market revenue growth. Gastric balloon system market in Latin America is growing at significant CAGR due to rapid increase in healthcare expenditure and increase in number of doctors. In Asia-Pacific region because of rise in the medical tourism, lower cost of healthcare, and rise in development of healthcare infrastructure in developing countries like India projects the better growth opportunity for Gastric balloon system market players.



Some of the players in global gastric balloon system market are Allurion Technologies (U.S.), Silimed inc. (Brazil), Obalon Therapeutics Inc. (U.S.), Districlass Medical (S.A.) (France), and ReShape Medical Inc. (U.S.) to name a few.



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