LATIN AMERICA INTRAGASTRIC BALLOON MARKET 2019-2028

Lifesciences | Medical Devices & Consumables

LATIN AMERICA INTRAGASTRIC BALLOON MARKET 2019-2028

Market By Component, Filling Material, Industry Verticals And Region | Forecast 2019-2028

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Triton Market Research’s report on the Latin American intragastric balloon market illustrates that the industry is anticipated to proliferate at a CAGR of 11.90% in terms of revenue, during the forecasted period 2019-2028.



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The countries reviewed in the Latin American intragastric balloon market are:

           Mexico

           Brazil

           Rest of Latin America

As per the Ministry of Health in Brazil, the obesity rate has witnessed a growth from 11.8% to 19.8% between the period 2006-2019. Hence, the prevalence of obesity in the country is increasing constantly. The government in Brazil is implementing several initiatives to curb obesity and other metabolic disorders. Diabetes is another major health issue found in the country, with more than 16 million cases in 2017. Overweight or obesity increases the risk of developing type 2 diabetes. Besides, obese patients with type 2 diabetes are likely to face more difficulty in controlling the blood sugar levels. The alarming rise in the obesity rate in Brazil is likely to drive the intragastric balloon market in the country in the coming years.

In Mexico, approximately 24.3 million people were obese in 2016. It is also reported that adult obesity rates are continuously rising. As t bariatric surgery is gaining traction,  many people from across the world are visiting Mexico owing to the cost-efficient surgery and quality treatment. Among the various options in obesity treatment, intragastric balloon implementation is a popular option for a considerable reduction in body weight. This is likely to boost the growth of the intragastric balloon market in the country over the forecast period.

Established in 2005, Spatz FGIA is a company engaged in the development of minimally invasive, non-surgical devices used in the treatment of obesity. Spatz Adjustable Balloon System is a product provided by the company, which is a balloon filled with fluid associated with the non-surgical treatment for weight loss. It serves its customers through direct sales and distributors. It operates in different regions, including Latin America.

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Table of Content

1.    LATIN AMERICA 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 LATIN AMERICA

6.1.BRAZIL

6.2.MEXICO

6.3.REST OF LATIN AMERICA

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

List of table

TABLE 1        LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY COUNTRY, 2019-2028 ($ MILLION)

TABLE 2        VENDOR SCORECARD

TABLE 3        LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY COMPONENT, 2019-2028 ($ MILLION)

TABLE 4        LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY FILLING MATERIAL, 2019-2028 ($ MILLION)

TABLE 5        LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY INDUSTRY VERTICALS, 2019-2028 ($ MILLION)

TABLE 6        LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY COUNTRY, 2019-2028 ($ MILLION)

List of Figures

FIGURE 1      LATIN AMERICA 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      LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY COMPONENT, 2019-2028 ($ MILLION)

FIGURE 6      LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY SINGLE BALLOON, 2019-2028 ($ MILLION)

FIGURE 7      LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY DUAL BALLOON, 2019-2028 ($ MILLION)

FIGURE 8      LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY TRIPLE BALLOON, 2019-2028 ($ MILLION)

FIGURE 9      LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY FILLING MATERIAL, 2019-2028 ($ MILLION)

FIGURE 10   LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY SALINE-FILLED, 2019-2028 ($ MILLION)

FIGURE 11   LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY GAS-FILLED, 2019-2028 ($ MILLION)

FIGURE 12   LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY INDUSTRY VERTICALS, 2019-2028 ($ MILLION)

FIGURE 13   LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY CLINICS, 2019-2028 ($ MILLION)

FIGURE 14   LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY HOSPITALS, 2019-2028 ($ MILLION)

FIGURE 15   LATIN AMERICA INTRAGASTRIC BALLOON MARKET, BY AMBULATORY SURGICAL CENTERS, 2019-2028 ($ MILLION)

FIGURE 16   BRAZIL INTRAGASTRIC BALLOON MARKET, 2019-2028 ($ MILLION)

FIGURE 17   MEXICO INTRAGASTRIC BALLOON MARKET, 2019-2028 ($ MILLION)

FIGURE 18   REST OF LATIN AMERICA INTRAGASTRIC BALLOON MARKET, 2019-2028 ($ MILLION)

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