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Global Intragastric Balloons Market 2018-2022 | 25% CAGR Projection Over the Next Four Years | Technavio

September 24, 2018

LONDON--(BUSINESS WIRE)--Sep 24, 2018--The global intragastric balloons market 2018-2022 is expected to post a CAGR of more than 25% during the forecast period, according to the latest market research report by .

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Technavio has published a new market research report on the global intragastric balloons market for the period 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is cost-effectiveness and safety of intragastric balloons. The intragastric balloon implantations procedures are safer and lower cost alternatives to bariatric surgery, which is an invasive weight loss procedure that poses various post-surgical complications. The cost of these procedures is also significantly higher than intragastric balloon plantation. Hence, there is an increasing popularity of non-surgical and less-invasive weight loss treatments such as intragastric balloon implantation.

This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the rising focus of vendors on technological advances as one of the key emerging trends in the global intragastric balloons market:

Global intragastric balloons market: Rising focus of vendors on technological advances

An intragastric balloon can be placed through a simple endoscopic method, and it is easily reversible. Advance in properties of the intragastric balloon and procedural techniques are influencing the vendors to develop innovative and cost-effective products.

“Various leading vendors are focusing on enhancing capabilities and efficiency of the intragastric balloon devices. Vendors are working on the adjustments of the balloon volume and longer implantation time. A minimally invasive procedure is available to implant the intragastric balloon, which can be easily performed in an outpatient set up,” says a senior analyst at Technavio for research on cardiovascular devices.

Global intragastric balloons market: Segmentation analysis

This market research report segments the global intragastric balloons market by product insertable balloons and swallowable balloons) and geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of close to 47%, followed by APAC and EMEA respectively. However, APAC is expected to witness a faster growth rate compared to the Americas and EMEA during the forecast period.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180924005545/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 09/24/2018 09:10 AM/DISC: 09/24/2018 09:10 AM

http://www.businesswire.com/news/home/20180924005545/en

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