Market Research Report
Europe Intragastric Balloon Market Forecast 2019-2028
|Published by||Inkwood Research||Product code||945438|
|Published||Content info||128 Pages
Delivery time: 2-3 business days
|Europe Intragastric Balloon Market Forecast 2019-2028|
|Published: June 30, 2020||Content info: 128 Pages||
The Europe intragastric balloon market is expected to grow at a CAGR of 11.83% during the forecast years, 2019 and 2028. The key drivers of market growth are an upsurge in government initiatives regarding obesity, unhealthy lifestyles, and a huge, overweight population.
Analysis of the Europe intragastric balloon market growth extends across Russia, Italy, the United Kingdom, France, Belgium, Poland, Germany, and the rest of Europe. According to the statistics presented by the Organisation for Economic Co-operation and Development (OECD), around one in ten people are obese in Italy, which is comparatively lesser than the OECD average of one in six. The projections also depict that rates will increase by an added 5% in the next years. Women with poor education in Italy are more likely to be overweight than women with a higher educational background. Moreover, obesity in the country is deemed a serious health condition in recent years. Thus, with an increase in obesity, there is a consequent increase in the adoption of intragastric balloon for reducing weight. The rise in the number of overweight and obese individuals in Belgium could be accredited to the rising sedentary way of living. The average person spends over six hours in a day, sitting, and people who admitted exercising at least once a week, were over 30%. These factors significantly contribute to the growth of the intragastric balloon market over the forecast period. Overweight and obesity trends have been on the rise among children in Poland. Poor diet and low physical activity have contributed to this, which influences the market growth in this region.
Major companies in the market are Allergan Inc, Endalis, Aspire Bariatrics Inc, Medsil, Spatz FGIA, etc.
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