EMEA Region Expected to Remain the Predominant Share Holder of the Intragastric Balloons Market & UK Will be the Major Contributor

Bangalore, India, October 06, 2016 --(PR.com)-- Intragastric balloons, the widely used therapy for weight loss and recovering metabolic disorders has emerged as a competitive market landscape for the vendors. A recent analysis on the global intragastric balloons market has come up with insights of the market growth, market size by geographic segments. The market research report published by Beige Market Intelligence, “Global Intragastric Balloons Market – Strategic Assessment and Forecast Till 2021,” gives an in-depth analysis of the competitive landscape of the global intragastric balloons market.

According to the analysts at Beige Market Intelligence, Europe, Middle East and Africa (EMEA) is expected to continue dominating the intragastric balloons market in near future with a market share of approx. 62% till 2021. In EMEA, the EU5 dominates the market with a collective share of about 91.5% in 2015.

Intragastric Balloons Market growth in UK
According to the UN Food and Agriculture Organisation in 2013, the U.K. has become "The Fat Man of Europe." The nation ranks the highest when it comes to the level of obesity in Western Europe and is ahead of countries like Sweden, France, and Spain. The country has witnessed obesity levels rising 3 folds in last 30 years.

The large obese population in the nation showcases the opportunities that lie in the U.K. for the players like Apollo Endosurgery, ReShape Medical, and Helioscopie, among others who have received CE mark from the European Union for marketing its intragastric balloons. Moreover, the low cost of intragastric balloons as compared to other bariatric procedures is likely to drive the demand for intragastric ballooning. The intragastric balloons market in UK is expected to grow at a CAGR of more than 7% during the forecast.

Intragastric Balloons Market in France, Germany, Italy, Spain & Rest of Europe
Germany ranks number one for the most obese population in Europe. More than 60% of the German population is either obese or grossly overweight. As 20% of the healthcare policymakers in the country finds that reducing weight is not government responsibility so treatment option for obesity is far narrower in this country. Hence the intragastric balloons market as a cost effective measure of obesity treatment is expected to increase in this region. Though, the rate of obesity in France is among the lowest; however, is projected to increase by 10% in net 10 years. The intragastric balloons market in France is expected to grow at a CAGR of approx. 6.9% during the forecast. Likewise, with the increased rates of obesity and low treatment options for obesity the countries such as Italy, Spain and Hungary are going to witness a market growth till 2021.

Intragastric Balloons Market in Middle East & Africa
According to World Health Organization (WHO), the gulf countries have highest rate of obesity. Countries like Kuwait, Bahrain, Saudi Arabia and United Arab Emirates (UAE) are in the list of top ten countries in terms of obesity globally. The countries in the Middle East owing to the high obesity rates and the need to curb the rate have created a plethora of opportunities for the intragastric balloons manufacturers to market its products. According to WHO, the prevalence of childhood overweight and obesity in Africa in 2010 was 8.5% and is expected to increase by 2020. Also, women in the country had roughly 2 times the obesity prevalence than men. High prevalence of obesity in the country, rise in the deaths associated with obesity related disorders, low cost of intragastric ballooning in the country are the factors stimulating the growth of intragastric balloons market in the African region.

The report also gives a detailed market sizing and market forecast of intragastric balloons market for America, Latin America and APAC region.

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