Global Weight Loss Stomach Pump Market Size, Share, and COVID-19 Impact Analysis, By Disease Type (Obesity, Anorexia, Bulimia, Diabetes, and Others), By Application (Clinics, Hospitals, Nursing Homes, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Industry: Healthcare

RELEASE DATE Jun 2024
REPORT ID SI4705
PAGES 250
REPORT FORMAT PathSoft

Global Weight Loss Stomach Pump Market Insights Forecasts to 2033

  • The Global Weight Loss Stomach Pump Market Size was Valued at USD 353.31 Million in 2023
  • The Market Size is Growing at a CAGR of 4.35% from 2023 to 2033
  • The Worldwide Weight Loss Stomach Pump Market Size is Expected to Reach USD 541.05 Million by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

 

Global Weight Loss Stomach Pump Market

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The Global Weight Loss Stomach Pump Market Size is Anticipated to Exceed USD 541.05 Million by 2033, Growing at a CAGR of 4.35% from 2023 to 2033.

 

Market Overview

Weight loss stomach pump is a medical device that aids people in losing weight by eliminating food from the stomach previously it gets digested. The motive of this device is to encourage quick weight loss in overweight or obese people, specifically those individuals who struggle to control their eating behaviors. This pump attaches outside to spill out complete digestive contents. The weight loss stomach pump passes into the stomach with the least pain to the port external. This device is used to lose weight effortlessly rather than following precise diets, sets of devices, or surgeries to decrease belly fat. Patients are observed regularly by the healthcare workers and directed by diet consultants to lessen calories. As a non-surgical, minimally invasive device, the weight loss stomach pump offers a capable result for people stressed with obesity, metabolic disorders, and associated health problems. This medical device denotes a convergence of medical technology, obesity management, and customer wellness, addressing a persistent requirement for safe, effective, and supportable weight loss solutions in a time noticeable by growing obesity rates and associated health concerns. The booming application of weight loss stomach pump devices by youth is established to drive the advance of the weight loss stomach pump market over a predicted timeframe.

 

Report Coverage

This research report categorizes the market for the global weight loss stomach pump market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global weight loss stomach pump market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global weight loss stomach pump market.

 

Global Weight Loss Stomach Pump Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 353.31 Million
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 :4.35%
2033 Value Projection:USD 541.05 Million
Historical Data for:2019 - 2022
No. of Pages:250
Tables, Charts & Figures:110
Segments covered:By Disease Type, By Application, By Region.
Companies covered:: Apollo Endosurgery, Spatz FGIA, Medsil, Ethicon, Inc., Standard Bariatrics, Aspire Bariatrics, Allurion Technologies, Obalon Therapeutics, Inc., Endalis, Silimed, Others, and
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, & Analysis

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Driving Factors

The key factors that expand the market are the obesity epidemic, minimally invasive methods, and increasing health consciousness. The rising number of obesity and associated health problems is a global health concern, which is reflected in the demand for fast weight loss treatments. The global obesity incidence is shockingly high, so there is a pressing requirement for efficient interventions that can result in immediate and long-lasting weight loss. Numerous factors, such as the desire for better health, more self-esteem, and a lower risk of obesity-related disorders like diabetes, cardiovascular disease, and some types of cancer, are driving this demand. Additionally, fast weight loss can result in significant physical well-being benefits like enhanced energy, better mobility, and an overall higher quality of life, which feeds the need for quick and efficient therapies. Furthermore, the introduction of new products of weight loss stomach pumps in the market is predicted to drive the growth of the weight loss stomach pump market.

 

Restraining Factors

Several factors hamper the growth of the market, including safety concerns, high expenses, and lack of awareness. Furthermore, possible side effects are a serious deliberation in the setting of weight loss interventions, with the use of advanced technologies, like weight loss stomach pump. Stomach weight loss pump may pose risks of problems, like ulceration, irritation, or bleeding, mainly if the device is not used correctly. Additionally, this pump may influence nutrient absorption and electrolyte balance, possibly foremost to lacks or imbalances that can unfavorably mark health. These factors restrain the expansion of the weight loss stomach pump market.

 

Market Segmentation

The global weight loss stomach pump market share is classified into disease type and application.

  • The obesity segment is anticipated to hold the largest share of the global weight loss stomach pump market during the forecast period.    

On the basis of the disease type, the global weight loss stomach pump market is divided into obesity, anorexia, bulimia, diabetes, and others. Among these, the obesity segment is anticipated to hold the largest share of the global weight loss stomach pump market during the forecast period. This growth is due to the increasing unhealthy lifestyles after obesity levels among healthy individuals. Fat people who are bullied utilize weight loss stomach pumps. The extensive working hours result in less exercise and physical activity, lack of sleep, and the effects of anti-hypertensives after obesity are further boosting the expansion of the obesity segment.

 

  • The hospitals segment is anticipated to hold the highest share of the global weight loss stomach pump market during the forecast period.

On the basis of the application, the global weight loss stomach pump market is divided into clinics, hospitals, nursing homes, and others. Among these, the hospitals segment is anticipated to hold the highest share of the global weight loss stomach pump market during the forecast period. This growth is due to the huge number of patients who go to hospitals and the being of sophisticated healthcare facilities in known hospitals. Weight loss stomach pump device is widely used by patients who suffer from obesity, diabetes, and bulimia. The easy availability of specialized and skilled healthcare professionals is further driving the growth of this segment.

 

Regional Segment Analysis of the Global Weight Loss Stomach Pump Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the global weight loss stomach pump market over the predicted timeframe.

 

Global Weight Loss Stomach Pump Market

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North America is anticipated to hold the largest share of the global weight loss stomach pump market over the predicted timeframe. The growth of the market in this region is driven by the high prevalence of obesity, advancement in healthcare facilities, and a vigorous market for healthcare technologies. In the United States and Canada, the acquisition of weight loss stomach pumps is allowed by factors, including promising compensation rules, technological developments, and the rising importance of non-surgical methods to obesity management. Additionally, the surging government inventiveness to the introduction of weight loss stomach pump devices in the current healthcare organization is further driving the growth of the weight loss stomach pump in the North America region.

 

Asia-Pacific is anticipated to grow at the fastest rate in the global weight loss stomach pump market over the predicted timeframe. This growth is due to factors, such as the rising generality of obesity in the Asia Pacific region. The increasing sedentary lifestyles and the sophisticated awareness about well-being resulting in the application of weight loss stomach pump devices are further driving the growth of the weight loss stomach pump market in this region. Additionally, nations, such as India, Japan, and China represent the main growth prospects for weight loss stomach pump producers, fueled by huge populations, growing middle-class demographics, and growing healthcare expenses. These factors propelled the expansion of the weight loss stomach pump market over the predicted timeframe in the Asia Pacific region.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global weight loss stomach pump market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Apollo Endosurgery
  • Spatz FGIA
  • Medsil
  • Ethicon, Inc.
  • Standard Bariatrics
  • Aspire Bariatrics
  • Allurion Technologies
  • Obalon Therapeutics, Inc.
  • Endalis
  • Silimed
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In October 2021, Research scientists in the Multi-Center ESG Randomized Interventional Trial (MERIT) reported favorable outcomes, according to Apollo Endosurgery, Inc. During the "Top 10 Papers at IFSO" session at the International Federation for the Surgery of Obesity and Metabolic Disorders (IFSO), Dr. Barham Abu Dayyeh, a medical professor and the director of advanced endoscopy at the Mayo Clinic, presented the results. Important points were that 208 patients from nine U.S. hospitals were admitted for the experiment, which included "Study Methods."

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global weight loss stomach pump market based on the below-mentioned segments: 

 

Global Weight Loss Stomach Pump Market, By Disease Type

  • Obesity
  • Anorexia
  • Bulimia
  • Diabetes
  • Others

 

Global Weight Loss Stomach Pump Market, By Application

  • Clinics
  • Hospitals
  • Nursing Homes
  • Others

 

Global Weight Loss Stomach Pump Market, By Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1.Who are the key players in the global weight loss stomach pump market?
    The key players in the global weight loss stomach pump market are Apollo Endosurgery, Spatz FGIA, Medsil, Ethicon, Inc., Standard Bariatrics, Aspire Bariatrics, Allurion Technologies, Obalon Therapeutics, Inc., Endalis, Silimed, and Others.
  • 2.Which disease type segment holds the largest share of the global weight loss stomach pump market?
    The obesity segment is anticipated to hold the largest share of the global weight loss stomach pump market during the forecast period.
  • 3.How big is the global weight loss stomach pump market?
    The Global Weight Loss Stomach Pump Market Size is Expected to Grow from USD 353.31 Million in 2023 to USD 541.05 Million by 2033, at a CAGR of 4.35% during the forecast period 2023-2033.

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