Key Findings
The North America intragastric balloon market is expected to grow at a CAGR of 12.28%, throughout the forecast years of 2019 to 2028. The key factors projected to augment the market growth are the prevalence of obesity, detrimental lifestyles, and an increase in government initiatives.
Market Insights
Canada and the United States are evaluated in the analysis of the North America intragastric balloon growth. In Canada, one in four adults and one in ten children suffer from clinical obesity. This implies that over 6 million Canadians are obese and may need immediate assistance in controlling and managing their weight. Moreover, obesity is the foremost cause of conditions like type 2 diabetes, hypertension, strokes, arthritis, cancer, and other heart diseases, obesity impacts not only the individual but also their family, neighbors, employers, health care professionals, and governments. This occurs as a result of the effect of weight bias against people with obesity. The obesity stigma also renders into substantial inequities in professional life, health, and education often because of negative stereotypes that overweight individuals are lethargic, unmotivated, and undisciplined. Moreover, the Canadian government largely promotes physical activity, healthy eating, and maintaining healthy and adequate weight. In 2015, the country’s provincial, federal, and territorial ministers of healthy living and sport, physical activity, and recreation presented e-report progress on healthy weights in Canada. The e-report plans to highlight collective actions within all jurisdictions, as well as an update of the recent data. This is being done in light of acquiring data as the process can help inform and identify actions in order to support change. Therefore, these factors are responsible for considerably propelling market growth in Canada.
Competitive Insights
Districlass Medical, Endalis, Appolo Endosurgery Inc, Aspire Bariatrics, Helioscopie SA, Spatz FGIA, etc. are some of the prominent market players.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments