Market By Component, Filling Material, Industry Verticals And Region | Forecast 2019-2028
A Triton Market Research report has determined that the intragastric balloon market in the Middle East and Africa is set to surge at a CAGR of 11.77% during the projected period 2019-2028.
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The countries scrutinized in the Middle East and Africa market are:
• Saudi Arabia
• Turkey
• United Arab Emirates
• South Africa
• Rest of Middle East & Africa
The Middle East and Africa has experienced an upsurge in the consumption of fast foods, sugar-dense beverages like sodas and food with high salt content, in the last two decades. There has been a significant shift in the preferences of the people, which comprised of traditionally grown natural products, including dates, vegetables, wheat and fruits. In addition, advancements in technologies like elevators, cars, escalators and remotes have led to a decline in physical activity among the people.
The changing food habits, coupled with decreased physical activity, have contributed to the rise in the prevalence of obesity in the region. Besides, rapid urbanization and other socioeconomic factors are also other factors responsible for rising obesity. Hence, there is an increased need for the potential application of the intragastric balloon. This is likely to aid the regional market growth.
In Saudi Arabia, obesity is a public health threat that is correlated directly to other metabolic disorders, cardiovascular diseases and cancer. It is among the leading countries with high obesity rates. The increasing burden of obesity and other complications associated with it requires increased attention. These factors are estimated to push the growth of the intragastric balloon market in the country over the upcoming years.
Established in 2005, Aspire Bariatrics is a company engaged in the treatment of obesity. The AspireAssist is a non-surgical weight loss system provided by the company. The system offered the best weight loss results, among other endoscopic weight loss procedures. It is available in different regions, including the Middle East. It also provides a laparoscopic adjustable gastric band, which is surgically placed around the upper stomach.
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1. MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1.MARKET DEFINITION
2.2.EVOLUTION AND TRANSITION OF INTRAGASTRIC BALLOONS
2.3.PORTER’S FIVE FORCES MODEL
2.3.1.THREAT OF NEW ENTRANTS
2.3.2.THREAT OF SUBSTITUTE PRODUCTS
2.3.3.BARGAINING POWER OF BUYERS
2.3.4.BARGAINING POWER OF SUPPLIERS
2.3.5.COMPETITIVE RIVALRY
2.4.COVID-19 AND ITS IMPACT ON INTRAGASTRIC BALLOON MARKET
2.5.INDUSTRY COMPONENTS
2.6.SUPPLY CHAIN OUTLOOK
2.7.MARKET ATTRACTIVENESS INDEX
2.8.VENDOR SCORECARD
2.9.KEY INSIGHT
2.10.MARKET DRIVERS
2.10.1.SHORT DURATION OF HOSPITAL STAY AND RECOVERY TIME
2.10.2.RISING OBESITY
2.11.MARKET RESTRAINTS
2.11.1.SHORT-TERM EFFECTS ASSOCIATED WITH INTRAGASTRIC BALLOONING
2.11.2.REIMBURSEMENT ISSUE
2.12.MARKET OPPORTUNITIES
2.12.1.RISE IN THE GOVERNMENT INITIATIVES REGARDING OBESITY
2.12.2.CONCERNS ASSOCIATED WITH MORBID LIFESTYLE
2.13.MARKET CHALLENGES
2.13.1.STRINGENT PRODUCT APPROVAL PROCEDURE
3. INTRAGASTRIC BALLOON MARKET OUTLOOK - BY COMPONENT
3.1.SINGLE BALLOON
3.2.DUAL BALLOON
3.3.TRIPLE BALLOON
4. INTRAGASTRIC BALLOON MARKET OUTLOOK - BY FILLING MATERIAL
4.1.SALINE-FILLED
4.2.GAS-FILLED
5. INTRAGASTRIC BALLOON MARKET OUTLOOK - BY INDUSTRY VERTICALS
5.1.CLINICS
5.2.HOSPITALS
5.3.AMBULATORY SURGICAL CENTERS
6. INTRAGASTRIC BALLOON MARKET OUTLOOK – BY MIDDLE EAST AND AFRICA
6.1.SAUDI ARABIA
6.2.TURKEY
6.3.UNITED ARAB EMIRATES
6.4.SOUTH AFRICA
6.5.REST OF MIDDLE EAST & AFRICA
7. COMPANY PROFILE
7.1.ALLURION TECHNOLOGIES INC
7.2.MEDSIL
7.3.ALLERGAN (ABBVIE)
7.4.OBALON THERAPEUTICS
7.5.APOLLO ENDOSURGERY INC
7.6.RESHAPE LIFESCIENCES INC
7.7.ASPIRE BARIATRICS
7.8.BARONOVA
7.9.DISTRICLASS MEDICAL
7.10.ENDALIS
7.11.MEDTRONIC
7.12.SILIMED (SIENTRA INC)
7.13.HELIOSCOPIE
7.14.SPATZ FGIA INC
8. RESEARCH METHODOLOGY & SCOPE
8.1.RESEARCH SCOPE & DELIVERABLES
8.1.1.OBJECTIVES OF STUDY
8.1.2.SCOPE OF STUDY
8.2.SOURCES OF DATA
8.2.1.PRIMARY DATA SOURCES
8.2.2.SECONDARY DATA SOURCES
8.3.RESEARCH METHODOLOGY
8.3.1.EVALUATION OF PROPOSED MARKET
8.3.2.IDENTIFICATION OF DATA SOURCES
8.3.3.ASSESSMENT OF MARKET DETERMINANTS
8.3.4.DATA COLLECTION
8.3.5.DATA VALIDATION & ANALYSIS
TABLE 1 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY COUNTRY, 2019-2028 ($ MILLION)
TABLE 2 VENDOR SCORECARD
TABLE 3 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY COMPONENT, 2019-2028 ($ MILLION)
TABLE 4 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY FILLING MATERIAL, 2019-2028 ($ MILLION)
TABLE 5 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY INDUSTRY VERTICALS, 2019-2028 ($ MILLION)
TABLE 6 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY COUNTRY, 2019-2028 ($ MILLION)
FIGURE 1 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, 2019-2028 ($ MILLION)
FIGURE 2 INDUSTRY COMPONENTS OF INTRAGASTRIC BALLOON PRODUCTS
FIGURE 3 SUPPLY CHAIN OUTLOOK OF INTRAGASTRIC BALLOON
FIGURE 4 CAUSES OF OBESITY AND OVERWEIGHT
FIGURE 5 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY COMPONENT, 2019-2028 ($ MILLION)
FIGURE 6 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY SINGLE BALLOON, 2019-2028 ($ MILLION)
FIGURE 7 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY DUAL BALLOON, 2019-2028 ($ MILLION)
FIGURE 8 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY TRIPLE BALLOON, 2019-2028 ($ MILLION)
FIGURE 9 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY FILLING MATERIAL, 2019-2028 ($ MILLION)
FIGURE 10 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY SALINE-FILLED, 2019-2028 ($ MILLION)
FIGURE 11 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY GAS-FILLED, 2019-2028 ($ MILLION)
FIGURE 12 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY INDUSTRY VERTICALS, 2019-2028 ($ MILLION)
FIGURE 13 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY CLINICS, 2019-2028 ($ MILLION)
FIGURE 14 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY HOSPITALS, 2019-2028 ($ MILLION)
FIGURE 15 MIDDLE EAST AND AFRICA INTRAGASTRIC BALLOON MARKET, BY AMBULATORY SURGICAL CENTERS, 2019-2028 ($ MILLION)
FIGURE 16 SAUDI ARABIA INTRAGASTRIC BALLOON MARKET, 2019-2028 ($ MILLION)
FIGURE 17 TURKEY INTRAGASTRIC BALLOON MARKET, 2019-2028 ($ MILLION)
FIGURE 18 UNITED ARAB EMIRATES INTRAGASTRIC BALLOON MARKET, 2019-2028 ($ MILLION)
FIGURE 19 SOUTH AFRICA INTRAGASTRIC BALLOON MARKET, 2019-2028 ($ MILLION)
FIGURE 20 REST OF MIDDLE EAST & AFRICA INTRAGASTRIC BALLOON MARKET, 2019-2028 ($ MILLION)