The intragastric balloon market is anticipated to grow at a significant CAGR during the forecast period. The factor such as the growing preference of minimally invasive surgeries, growing commercial availability of the product and non-eligibility of obese patients for the surgical procedures propels the growth of the intragastric balloon market during the forecast period. Moreover, advancement in technology and innovation along with the decreasing cost of the procedures has shown a positive impact on the growth of the intragastric balloon industry. However, the factor such as noncoverage of the procedure of endoscopic intragastric balloon in insurance and side effect including vomiting, nausea, gastric erosion and development of gastric ulcers may hamper the growth of the market over the forecast period. Growing obesity among the population is of the major factor driving the market growth across the globe. According to the World Health Organization (WHO), more than 1 million people are overweight across the globe in which 50% are severely obese.
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