Fairfield Market Research Obesity Intervention Devices Market Reach US$0.5 Bn by 2030

Obesity Intervention Devices Market

Global Obesity Intervention Devices Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Product Coverage, By End User Coverage, By Geographic Coverage and Leading Companies)

Published Date: Sep 2023 | Format: | No. of Pages: 245

Industry: Medical Devices | Author Name: Sayali

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FAQ : Obesity Intervention Devices Market

The global obesity interventional devices market size is expected to reach approximately half-a-billion-dollar in revenue by the end of 2030. Up from 2023, the market valuation anticipates around 6% growth.

Obesity interventional Devices Market is influenced by various factors such as rising obesity rates, increased awareness about minimally invasive treatments, and technological advancements. The escalating prevalence of obesity worldwide, the demand for less invasive treatment options, a growing ageing population, and increased healthcare spending are also fueling the market growth. Additionally, advancements in interventional devices and procedures, such as gastric balloons and endoscopic suturing systems, are contributing to market expansion.

The main types of interventional devices used in obesity treatment include gastric balloons, intragastric bands, endoscopic suturing systems, gastric electric stimulation (GES), and intragastric aspiration systems.

North America, and Europe have been the traditional leaders in the global obesity interventional devices industry, and the report attributes this prominence to higher healthcare expenditure, well-established healthcare infrastructure, and a higher prevalence of obesity. However, markets in Asia Pacific, and Latin America are also growing rapidly, driven by increasing awareness, rising healthcare investments, and reducing healthcare costs.

Future trends in this market are likely to include the development of more advanced and less invasive devices, increased emphasis on personalised treatment approaches, and a focus on digital health solutions to monitor and support patients in managing obesity. Additionally, the market may see more collaborations between medical device companies and healthcare providers to improve patient outcomes and access to treatment.
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