The Asia Pacific Obesity Intervention Devices Market would witness market growth of 6.0% CAGR during the forecast period (2023-2029).
Obesity intervention devices are medical gadgets that are used to treat obesity and ameliorate or remit type 2 diabetes. During the forecast period, the rise in the prevalence of obesity and the number of market participants who produce obesity intervention devices are anticipated to boost market growth. Additionally, it is anticipated that an increase in the number of products offering obesity intervention devices and a boost in consumer awareness of these devices will fuel market growth during the forecast period.
Advancing technology that is relevant to intragastric balloon procedures is a major driver of market expansion. The intragastric balloon placement treatment has been shown to be highly effective in reducing body weight and alleviating the symptoms of concomitant diseases. Anatomically, this procedure is predicated on effects that take up more gastric space, which increase satiety and also have an impact on gut neuroendocrine signaling.
In Australia, 67% of adults (18 and older) were overweight or obese for the fiscal year 2017–18. Of this number, 36% were considered overweight but not obese, and 31% were considered obese. According to estimates, the specified demographic consists of about 12.5 million adults. Overweight and obesity were more common in men than in women, affecting 75% of men and 60% of women, respectively. among addition, 33% of men and 30% of women were obese, which was a larger prevalence among men. As seen by the fact that 41% of adults aged 65 to 74 were obese, compared to only 16% of adults aged 18 to 24, the prevalence of obesity tends to rise with age. This is expected to grow in the Asia-Pacific region.
The China market dominated the Asia Pacific Obesity Intervention Devices Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $29.4 million by 2029. The Japan market is exhibiting a CAGR of 5.4% during (2023 - 2029). Additionally, The India market would experience a CAGR of 6.7% during (2023 - 2029).
Based on End User, the market is segmented into Hospitals and Clinics & Others. Based on Device, the market is segmented into Gastric Bands, Gastric Balloon and Gastric Stimulation System. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Obesity Intervention Devices Market is Projected to reach USD 352 Million by 2029, at a CAGR of 5.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson, Apollo Endosurgery, Inc. (Boston Scientific Corporation), ReShape Lifesciences, Inc., AbbVie, Inc., Allurion Technologies, Inc., Spatz FGIA, Inc, Cousin Surgery, A.M.I. GmbH, ENDALIS, and GI Dynamics, Inc.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Hospitals
- Clinics & Others
By Device
- Gastric Bands
- Gastric Balloon
- Gastric Stimulation System
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Johnson & Johnson
- Apollo Endosurgery, Inc. (Boston Scientific Corporation)
- ReShape Lifesciences, Inc.
- AbbVie, Inc.
- Allurion Technologies, Inc.
- Spatz FGIA, Inc
- Cousin Surgery
- A.M.I. GmbH
- ENDALIS
- GI Dynamics, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Obesity Intervention Devices Market, by End User
1.4.2 Asia Pacific Obesity Intervention Devices Market, by Device
1.4.3 Asia Pacific Obesity Intervention Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Obesity Intervention Devices Market by End User
3.1 Asia Pacific Hospitals Market by Country
3.2 Asia Pacific Clinics & Others Market by Country
Chapter 4. Asia Pacific Obesity Intervention Devices Market by Device
4.1 Asia Pacific Gastric Bands Market by Country
4.2 Asia Pacific Gastric Balloon Market by Country
4.3 Asia Pacific Gastric Stimulation System Market by Country
Chapter 5. Asia Pacific Obesity Intervention Devices Market by Country
5.1 China Obesity Intervention Devices Market
5.1.1 China Obesity Intervention Devices Market by End User
5.1.2 China Obesity Intervention Devices Market by Device
5.2 Japan Obesity Intervention Devices Market
5.2.1 Japan Obesity Intervention Devices Market by End User
5.2.2 Japan Obesity Intervention Devices Market by Device
5.3 India Obesity Intervention Devices Market
5.3.1 India Obesity Intervention Devices Market by End User
5.3.2 India Obesity Intervention Devices Market by Device
5.4 South Korea Obesity Intervention Devices Market
5.4.1 South Korea Obesity Intervention Devices Market by End User
5.4.2 South Korea Obesity Intervention Devices Market by Device
5.5 Singapore Obesity Intervention Devices Market
5.5.1 Singapore Obesity Intervention Devices Market by End User
5.5.2 Singapore Obesity Intervention Devices Market by Device
5.6 Malaysia Obesity Intervention Devices Market
5.6.1 Malaysia Obesity Intervention Devices Market by End User
5.6.2 Malaysia Obesity Intervention Devices Market by Device
5.7 Rest of Asia Pacific Obesity Intervention Devices Market
5.7.1 Rest of Asia Pacific Obesity Intervention Devices Market by End User
5.7.2 Rest of Asia Pacific Obesity Intervention Devices Market by Device
Chapter 6. Company Profiles
6.1 Johnson & Johnson
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental &Regional Analysis
6.1.4 Research & Development Expenses
6.2 Apollo Endosurgery, Inc. (Boston Scientific Corporation)
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 Recent strategies and developments:
6.2.5.1 Approvals and Trials:
6.3 ReShape Lifesciences, Inc.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Regional Analysis
6.3.4 Research and Development Expense
6.3.5 Recent strategies and developments:
6.3.5.1 Approvals and Trials:
6.4 AbbVie, Inc.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Regional Analysis
6.4.4 Research & Development Expense
6.5 Allurion Technologies, Inc.
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Approvals and Trials:
6.5.2.2 Product Launches and Product Expansions:
6.6 Spatz FGIA, Inc.
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Approvals and trials:
6.7 Cousin Surgery
6.7.1 Company Overview
6.8 A.M.I. GmbH
6.8.1 Company Overview
6.9 ENDALIS
6.9.1 Company Overview
6.10. GI Dynamics, Inc.
6.10.1 Company Overview
TABLE 1 Asia Pacific Obesity Intervention Devices Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Obesity Intervention Devices Market, 2023 - 2029, USD Million
TABLE 3 Asia Pacific Obesity Intervention Devices Market by End User, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Obesity Intervention Devices Market by End User, 2023 - 2029, USD Million
TABLE 5 Asia Pacific Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Hospitals Market by Country, 2023 - 2029, USD Million
TABLE 7 Asia Pacific Clinics & Others Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Clinics & Others Market by Country, 2023 - 2029, USD Million
TABLE 9 Asia Pacific Obesity Intervention Devices Market by Device, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Obesity Intervention Devices Market by Device, 2023 - 2029, USD Million
TABLE 11 Asia Pacific Gastric Bands Market by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Gastric Bands Market by Country, 2023 - 2029, USD Million
TABLE 13 Asia Pacific Gastric Balloon Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Gastric Balloon Market by Country, 2023 - 2029, USD Million
TABLE 15 Asia Pacific Gastric Stimulation System Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Gastric Stimulation System Market by Country, 2023 - 2029, USD Million
TABLE 17 Asia Pacific Obesity Intervention Devices Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Obesity Intervention Devices Market by Country, 2023 - 2029, USD Million
TABLE 19 China Obesity Intervention Devices Market, 2019 - 2022, USD Million
TABLE 20 China Obesity Intervention Devices Market, 2023 - 2029, USD Million
TABLE 21 China Obesity Intervention Devices Market by End User, 2019 - 2022, USD Million
TABLE 22 China Obesity Intervention Devices Market by End User, 2023 - 2029, USD Million
TABLE 23 China Obesity Intervention Devices Market by Device, 2019 - 2022, USD Million
TABLE 24 China Obesity Intervention Devices Market by Device, 2023 - 2029, USD Million
TABLE 25 Japan Obesity Intervention Devices Market, 2019 - 2022, USD Million
TABLE 26 Japan Obesity Intervention Devices Market, 2023 - 2029, USD Million
TABLE 27 Japan Obesity Intervention Devices Market by End User, 2019 - 2022, USD Million
TABLE 28 Japan Obesity Intervention Devices Market by End User, 2023 - 2029, USD Million
TABLE 29 Japan Obesity Intervention Devices Market by Device, 2019 - 2022, USD Million
TABLE 30 Japan Obesity Intervention Devices Market by Device, 2023 - 2029, USD Million
TABLE 31 India Obesity Intervention Devices Market, 2019 - 2022, USD Million
TABLE 32 India Obesity Intervention Devices Market, 2023 - 2029, USD Million
TABLE 33 India Obesity Intervention Devices Market by End User, 2019 - 2022, USD Million
TABLE 34 India Obesity Intervention Devices Market by End User, 2023 - 2029, USD Million
TABLE 35 India Obesity Intervention Devices Market by Device, 2019 - 2022, USD Million
TABLE 36 India Obesity Intervention Devices Market by Device, 2023 - 2029, USD Million
TABLE 37 South Korea Obesity Intervention Devices Market, 2019 - 2022, USD Million
TABLE 38 South Korea Obesity Intervention Devices Market, 2023 - 2029, USD Million
TABLE 39 South Korea Obesity Intervention Devices Market by End User, 2019 - 2022, USD Million
TABLE 40 South Korea Obesity Intervention Devices Market by End User, 2023 - 2029, USD Million
TABLE 41 South Korea Obesity Intervention Devices Market by Device, 2019 - 2022, USD Million
TABLE 42 South Korea Obesity Intervention Devices Market by Device, 2023 - 2029, USD Million
TABLE 43 Singapore Obesity Intervention Devices Market, 2019 - 2022, USD Million
TABLE 44 Singapore Obesity Intervention Devices Market, 2023 - 2029, USD Million
TABLE 45 Singapore Obesity Intervention Devices Market by End User, 2019 - 2022, USD Million
TABLE 46 Singapore Obesity Intervention Devices Market by End User, 2023 - 2029, USD Million
TABLE 47 Singapore Obesity Intervention Devices Market by Device, 2019 - 2022, USD Million
TABLE 48 Singapore Obesity Intervention Devices Market by Device, 2023 - 2029, USD Million
TABLE 49 Malaysia Obesity Intervention Devices Market, 2019 - 2022, USD Million
TABLE 50 Malaysia Obesity Intervention Devices Market, 2023 - 2029, USD Million
TABLE 51 Malaysia Obesity Intervention Devices Market by End User, 2019 - 2022, USD Million
TABLE 52 Malaysia Obesity Intervention Devices Market by End User, 2023 - 2029, USD Million
TABLE 53 Malaysia Obesity Intervention Devices Market by Device, 2019 - 2022, USD Million
TABLE 54 Malaysia Obesity Intervention Devices Market by Device, 2023 - 2029, USD Million
TABLE 55 Rest of Asia Pacific Obesity Intervention Devices Market, 2019 - 2022, USD Million
TABLE 56 Rest of Asia Pacific Obesity Intervention Devices Market, 2023 - 2029, USD Million
TABLE 57 Rest of Asia Pacific Obesity Intervention Devices Market by End User, 2019 - 2022, USD Million
TABLE 58 Rest of Asia Pacific Obesity Intervention Devices Market by End User, 2023 - 2029, USD Million
TABLE 59 Rest of Asia Pacific Obesity Intervention Devices Market by Device, 2019 - 2022, USD Million
TABLE 60 Rest of Asia Pacific Obesity Intervention Devices Market by Device, 2023 - 2029, USD Million
TABLE 61 Key information –Johnson & Johnson
TABLE 62 Key Information – Apollo Endosurgery, Inc.
TABLE 63 Key Information – ReShape Lifesciences, Inc.
TABLE 64 Key information – AbbVie, Inc.
TABLE 65 key information – Allurion Technologies, Inc.
TABLE 66 Key Information – Spatz FGIA, Inc.
TABLE 67 Key Information – Cousin Surgery
TABLE 68 Key Information – A.M.I. GmbH
TABLE 69 Key Information – Endalis
TABLE 70 Key Information – GI Dynamics, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Obesity Intervention Devices Market Share by End User, 2022
FIG 3 Asia Pacific Obesity Intervention Devices Market Share by End User, 2029
FIG 4 Asia Pacific Obesity Intervention Devices Market by End User, 2019 - 2029, USD Million
FIG 5 Asia Pacific Obesity Intervention Devices Market Share by Device, 2022
FIG 6 Asia Pacific Obesity Intervention Devices Market Share by Device, 2029
FIG 7 Asia Pacific Obesity Intervention Devices Market by Device, 2019 - 2029, USD Million
FIG 8 Asia Pacific Obesity Intervention Devices Market Share by Country, 2022
FIG 9 Asia Pacific Obesity Intervention Devices Market Share by Country, 2029
FIG 10 Asia Pacific Obesity Intervention Devices Market by Country, 2019 - 2029, USD Million
FIG 11 SWOT analysis: Johnson & Johnson