Increasing prevalence of obesity to drive the UAE intragastric balloons market in the forecast period, 2023-2027.
According to TechSci Research report, “UAE Intragastric Balloons Market – By Region, Forecast and Opportunities, 2017-2027”, the UAE intragastric balloons market is anticipated to grow at a significant rate in the forecast period, 2023-2027. Intragastric balloon is one of the endoscopic treatments specified for obesity and is basically a modern weight-loss procedure. The rise in prevalence of obesity, technological advancements, and customer preference for non-surgical and non-invasive procedures are the primary factors driving the demand for the UAE intragastric balloons market. In UAE, as the population of overweight and obese are increasing, the overall prevalence of chronic illnesses like diabetes are rising too. This is due to the lack of physical activity and unhealthy choices made by the people in the country. Growing expansion of healthcare facilities, low price of intragastric balloon procedure, changing lifestyle, and growth of the geriatric population are expected to influence the market demand.
However, the Risks of acute pancreatitis, damage to the esophagus and overinflation associated with intragastric balloon which may hamper the growth of the market in the forecast period.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on “UAE Intragastric Balloons Market”
The UAE intragastric balloons market is segmented into administration, balloon type, filling type, application, end user, and company.
Based on administration, the market is divided into pill form and endoscopy. The pill form segment is expected to witness a rise over the forecast period due to its characteristics such as swallow-able capsule enabling easy ingestion & excretion, treatment reversibility, and the minimally invasive nature of the technique.
Based on balloon type, the market is divided into single, dual, and triple. The triple balloon type segment is forecasted to witness high growth over the upcoming years due to the various benefits offered by the triple balloon system, like fully reversible treatment and minimal downtime.
Based on filling type, the market is divided into saline filled and gas filled. Out of these, the saline-filled is forecasted to growth at the significant rate due to the ability to reduce weight more effectively and quick detection of silicone balloon reduction due to methylene blue dye. The dye helps in detecting if the balloon is ruptured. This non-invasive and non-surgical approach helps in reduction of around 15 to 25 kg weight.
Based on application, the market is divided into obesity, diabetes, diet control, and others. The obesity segment is projected to propel the growth of the market as obesity is now the new epidemic. This is due to the changing lifestyle such as high alcohol consumption, unhealthy eating choices, and sedentary lifestyle.
Major operating companies operating in UAE intragastric balloons market are:
- Obalon Therapeutics, Inc. (UAE)
- Allurion Technologies, Inc. (UAE)
- ReShape Lifesciences Inc (UAE)
- Silimed Inc. (UAE)
- Allergan Middle East Limited
- Vasmed UAE
- Life Mate Medical Equipment Trading LLC
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“UAE is expected to witness a significant growth in the upcoming years due to increasing prevalence of obesity, technological advancements, and customer preference for non-surgical and non-invasive procedures. Also, owing to the low price of intragastric balloon procedure, the demand for intragastric balloons rises. Changing lifestyle such as lack of activity, unhealthy choices, and sedentary lifestyle are the primary reason due to which the UAE intragastric balloons market is expected to grow through 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“UAE Intragastric balloons Market – By Region, Competition Forecast & Opportunities, 2027 Segmented By Administration (Pill Form v/s Endoscopy), By Balloon Type (Single, Dual, Triple), By Filling Type (Saline Filled v/s Gas Filled), By Application (Obesity, Diabetes, Diet Control, Others), By End User (Hospitals &, Clinics, Ambulatory Surgical Centers, Others), By Region”, has evaluated the future growth potential of UAE intragastric balloons and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in UAE Intragastric balloons market.
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