Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 397.81 million | USD 578.58 million | 4.25% | 2023 |
The global Weight Loss Stomach Pump market size accrued earnings worth approximately USD 397.81 Million in 2023 and is predicted to gain revenue of about USD 578.58 Million by 2032, is set to record a CAGR of nearly 4.25% over the period from 2024 to 2032.
In Global Weight Loss Stomach Pump Market Report, Weight loss stomach pump is a medical device that allows control over absorption of calories by the human body. It is a pump which connects externally to spill out entire stomach contents. Weight loss stomach pump enters the stomach with minimum efforts in order to port outside. This device is used to lose weight easily rather than following controlled diets, set of devices or surgeries to reduce belly fat. Patients are monitored on regular basis by the healthcare providers and guided by the diet advisors to reduce calories. These pumps are mainly utilized by bulimia patients aged 22 or more.
The demand of weight loss stomach pump is expected to grow at a faster rate in near future owing to the increasing use of these pumps by obese patients or who went through bypass gastric surgery. The main advantage of the weight loss stomach pump is that it helps to reduce weight and hence is more popular in youngsters. Another advantage is that it allows entering into the body with minimum efforts; this is also anticipated to boost the market growth in near future. Growing non-surgical treatment in the global market is anticipated to fuel the market growth. Moreover, rising number of bulimia and obese patients is projected to propel the global market growth in future. Conversely, presence other surgeries or methods associated with few side effects may hamper the global weight loss stomach pump market growth to some extent.
Report Attributes | Report Details |
---|---|
Report Name | Weight Loss Stomach Pump Market |
Market Size in 2023 | USD 397.81 Million |
Market Forecast in 2032 | USD 578.58 Million |
Growth Rate | CAGR of 4.25% |
Number of Pages | 214 |
Key Companies Covered | Aspire Bariatrics, Inc., Apollo Endosurgery, Inc., and others. |
Segments Covered | By Type, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global weight loss stomach pump market is segmented on the basis of end-use industries as clinics, hospitals, nursing homes, and others. The providers of the weight loss stomach pump offer some specialized programs to the end-use industries in order to manage health plans with affordable expenses. The global market is further categorized based on disease type as bulimia, diabetes, obesity, anorexia, and others. Changing the eating habits of people increase the chance of obesity. Hence, a weight loss stomach pump plays a vital role to control obesity.
North America is the fastest-growing region in the global market owing to technological advancements. The U.S. and Canada are actively introducing weight loss stomach pumps in the healthcare system, which positively impacts the global weight loss stomach pump market. Moreover, government initiatives to introduce weight loss stomach pump in the existing healthcare infrastructure is expected to fuel the weight loss stomach pump market in this region. In addition, improved financial assistance to set up healthcare infrastructure further propels the global market growth in North America. Europe is emerging as the second largest region to implement weight loss therapy and stomach pumps, which will enhance the global weight loss stomach pump market.
Major players in the global market always focus on improving their market share through new innovations and strategies. For instance, AspireAssist is a new, FDA-approved weight loss solution for obese people. According to a U.S. Clinical Trial with 171 participants, patients lost 3 times more weight with the AspireAssist as compared to those following only diet and exercise. Key players in the global weight loss stomach pump market include Aspire Bariatrics, Inc., Apollo Endosurgery, Inc., and others.
Global Weight Loss Stomach Pump Market: Type Segment Analysis
Global Weight Loss Stomach Pump Market: Application Segment Analysis
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