In this blog, we evaluate the Intragastric Balloons Market and its landscape, its potential and challenges.
Is witnessing a surge as more individuals opt for non-surgical weight loss procedures. These saline-filled balloons, placed in the stomach, are gaining traction for their simplicity and effectiveness.
Market Expansion and Revenue Growth
This market’s growth trajectory is steep, with projections pointing to a significant revenue increase. A driving force behind this expansion is the escalating obesity rates and the appeal of non-invasive medical solutions.
Apollo Endosurgery Inc.: A Market Innovator
Firstly, Apollo Endosurgery Inc. stands as a pioneer with its FDA-approved Orbera balloon. With a decade of presence and global regulatory nods, Apollo is a key player in the market.
Medsil: Shaping Latin America’s Market
Secondly, Medsil, headquartered in Brazil, is making strides in the Latin American market with its adaptable and durable intragastric balloons. Its products cater to a BMI range of 27 to 35, positioning it as a solution for long-term weight management.
Obalon Therapeutics: Advancing Balloon Technology
Thirdly, Obalon Therapeutics has transformed the market with its buoyancy-centric balloon system. The company’s focus on patient comfort and significant weight loss outcomes marks its FDA approval and growing influence.
Patient Preference for Non-Surgical Treatments
Finally, Intragastric balloons are especially popular among those avoiding surgery. They offer a less intimidating and temporary weight loss solution, contributing to the market’s growth.
Conclusion: Intragastric Balloons Market’s Bright Prospects
The Intragastric Balloons Market is thriving, with industry leaders like Apollo Endosurgery Inc., Medsil, and Obalon Therapeutics at the forefront. With ongoing innovations and the obesity crisis looming large, the market for these non-surgical treatments is poised for further growth.