The global market for minimally invasive weight loss devices is expected to grow to $290m by 2021, a CAGR of 16%, driven in large part by the rising obesity epidemic and associated Type 2 diabetes. Meddevicetracker expects that enhancements and innovations, particularly in the growing intragastric balloon market, and emerging technologies by smaller companies, will lead the growth in the overall weight loss devices market. In this feature, we'll take a closer look at the overall market and regional landscape and take a deep dive into the fastest-growing intragastric balloon segment, providing key insights from a bariatric surgeon on the pros and cons of these technologies.
The highly competitive global market for minimally invasive weight loss (bariatric) devices is predicted to rise from $137m in 2016 to $290m by 2021, a CAGR of 16%.
This is driven in large part by the rising obesity epidemic worldwide, which affects more than 600 million people worldwide. According to the World Health Organization, 65% of the world's...
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