Weight loss stomach pump Market

SKU: DMMD3824 | Last Updated On: Oct 04 2021 | No. of Pages: 180 | Available Formats

> Global Weight loss stomach pump Market Expected to reach a high CAGR By 2028: DataM Intelligence

Global Weight loss stomach pump Market is segmented By Disease Type (Obesity, Bulimia, Diabetes, Anorexia, Others), By End-user (Hospitals, Clinics, Nursing homes, Others), By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028

 

Market Overview

The global weight loss stomach pump market  is estimated to reach at high CAGR during the forecast period (2021-2028). 

A weight loss stomach pump is a medical device that allows control over the absorption of calories by the human body. It is a pump that connects externally to spill out entire stomach contents. These pumps are mainly utilized by bulimia patients aged 22 or more.

Source: DataM Intelligence Analysis (2020)

Market Dynamics

The weight loss stomach pump market growth is driven by the owing to increasing the use of these pumps by obese patients or who went through gastric bypass surgery. Increase in bulimia patients, fewer side effects, development in lifestyle habits and increase in non-surgical treatment worldwide.

Increasing patients with more obesity problems and gastric bypass surgery, is expected to drive the growth in the forecast period

Increasing patients with more obesity problems and gastric bypass surgery is expected to drive the market growth. For instance, according to the World Health Organisation WHO, 39 million children under the age of 5 were overweight or obese in 2020. The world obesity statistics suggest that the levels of obesity will be huge in countries like England, the United States, and Mexico, where 35%, 47%, and 39% of the total population are expected to be overweight or obese by 2030. 

Moreover, according to the American Society for Metabolic and Bariatric surgery in July 2016, the total number of bariatric surgeries done in the U.S was about 158,000, with the laparoscopic Roux-en-Y gastric bypass (LRYGB) forming the most commonly performed bariatric surgery (36.7%). In addition, in the U.S. itself, an estimated 278,000 bariatric surgeries were performed in 2019, and this is expected to rise to an average of 297,000 in 2021.

High cost associated with weight loss stomach pump device is likely to hamper the market growth

The cost of a weight loss stomach pump is expensive. For instance, currently, AspireAssist is not covered by most insurance plans. That means the patient has to pay out of pocket for the device, medical care, and lifestyle counseling. The total price of AspireAssist weight loss is estimated to range from $7,000 to $13,000 may restrict the market growth.

Industry Analysis

PEST Analysis:

Source: DataM Intelligence Analysis (2020)

Supply Chain Analysis

Source: DataM Intelligence Analysis (2020)

COVID-19 Impact Analysis

The COVID-19 pandemic is expected to impact the weight loss stomach pump market negatively. Following the COVID-19 outbreak in December 2019, the disease has spread to over 100 countries globally, and the World Health Organization has declared it a public health emergency. According to the World Health Organization’s report, the coronavirus (COVID-19) manifestation has resulted in more than 52.7 million infected individuals worldwide as of November 13, 2020. COVID-19 has affected every market globally and has also impacted the global weight loss stomach pump market in the following ways; by directly affecting production and demand, creating disruptions in distribution channels, and its financial impact on firms and financial markets.

Segment Analysis

The obesity segment is expected to hold largest share in this market segment

Obesity is a medical condition where a person has accumulated abnormal or excessive body fat that causes negative effects on health. According to the World Health Organization WHO, 39 million children under the age of 5 were overweight or obese in 2020. For instance, Food and Drug Administration, to help individuals with obesity lose weight, approved the AspireAssist device in 2016. It helps to reduce the number of calories absorbed by the body so that weight loss happens. Hence, the demand of this device is expected to increase the market growth.

The hospitals segment is expected to hold largest share in this market segment

The hospitals held the largest share in the weight loss stomach pumps market. This is mainly owing to increasing number of patients suffering from conditions which are treated in hospitals equipped with advanced infrastructure and adequate facilities. Moreover, growing number of hospitals along with adequate reimbursement policies is contributing to the growth of this segment.

Source: DataM Intelligence Analysis (2020)

Geographical Analysis

North America region holds the largest market share of global weight loss stomach pump market

The North America is the fastest-growing region in the global weight loss stomach pump market owing to technological advancements. The U.S. and Canada are actively introducing the weight loss stomach pump in the healthcare system, which positively impacts the global weight loss stomach pump market. Furthermore, government initiatives to introduce weight loss stomach pump in the existing healthcare infrastructure are expected to boost 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.

Source: DataM Intelligence Analysis (2020)

Competitive Landscape

The global weight loss stomach pump market is moderately competitive with presence of global companies.  Some of the key players which are contributing to the growth of the market include Aspire Bariatrics, Inc (AspireAssist System), and Apollo Endosurgery, Inc (ORBERA balloon), among other. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the market globally. For instance, In August 2015, the ORBERA Intragastric Balloon System is a weight-loss system, which uses a gastric balloon that occupies space in the stomach to help patients lose weight.

Key Companies to Watch

Aspire Bariatrics, Inc

Overview: Aspire Bariatrics, Inc. is a privately-held company founded in 2005, based in the greater Philadelphia area. The initial product concept was developed as a collaboration between three physicians to provide an effective, low-risk method of weight loss for obese people. The three physicians, Dr. Sam Klein (Washington University in St. Louis), Dr. Moshe Shike (Memorial Sloan Kettering Cancer Center in New York), and Dr. Steve Solomon (Memorial Sloan Kettering), combining expertise in obesity, nutrition, gastroenterology, medical device discovery, and PEG (percutaneous endoscopic gastrostomy) tubes, modified a PEG tube to make it suitable for weight loss purposes. PEG tubes, used for long-term feeding of patients that cannot take in food orally, have been used for 30 years and have an established record of safety.  Its first patient with the modified tube lost 100% of her excess weight in 2005, and maintained her weight-loss for over five years post-procedure. Katherine Crothall, Ph.D., Aspire’s President and CEO, joined the Company in November 2010.

Key developments: In 2017, Aspire Bariatrics announced AspireAssist received Australian TGA Therapeutic Goods  Administration Approval and First Commercial Cases Performed in Australia.

Why Purchase the Report?

  • Visualize the composition of the weight loss stomach pump market segmentation by disease type, end-user and region highlighting the key commercial assets and players.
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The global weight loss stomach pump market report would provide an access to an approx. 29 market data table, 37 figures and 200 pages.  

Target Audience

  • Service Providers/ Buyers
  • Industry Investors/Investment Bankers
  • Education & Research Institutes
  • Research Professionals
  • Emerging Companies
  • Manufacturers

Market Segmentation

Global Weight Loss Stomach Pump Market – By Disease Type

  • Bulimia
  • Diabetes
  • Obesity
  • Anorexia
  • Others

Global Weight Loss Stomach Pump Market – By End-user

  • Hospitals
  • Clinics
  • Nursing homes
  • Others

Global Weight Loss Stomach Pump Market - By Region

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • South America

Table of Contents

  1. Global Weight loss stomach Pump Market Methodology and Scope
    1. Research Methodology
    2. Research Objective and Scope of the Report
  2. Global Weight loss stomach Pump Market – Market Definition and Overview
  3. Global Weight loss stomach Pump Market – Executive Summary
    1. Market Snippet by Disease Type
    2. Market Snippet by End-user
    3. Market Snippet by Region
  4. Global Weight loss stomach Pump Market – Market Dynamics
    1. Market Impacting Factors
      1. Drivers
        1. Increasing patients with more obesity problems and gastric bypass surgery
      2. Restraints:
        1. High cost associated with weight loss stomach pump device
      3. Opportunity
      4. Impact Analysis
  5. Global Weight loss stomach Pump Market – Industry Analysis
    1. Porter's Five Forces Analysis
    2. PEST Analysis
    3. Supply Chain Analysis
    4. Pricing Analysis
    5. Regulatory Analysis
    6. Reimbursement Analysis
    7. Unmet Needs
  6. Global Weight loss stomach Pump Market – COVID-19 Analysis
    1. Analysis of Covid-19 on the Market
      1. Before COVID-19 Market Scenario
      2. Present COVID-19 Market Scenario
      3. After COVID-19 or Future Scenario
    2. Pricing Dynamics Amid Covid-19
    3. Demand-Supply Spectrum
    4. Government Initiatives Related to the Market During Pandemic
    5. Manufacturers Strategic Initiatives
    6. Conclusion 
  7. Global Weight loss stomach Pump Market – By Disease Type
    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Disease Type
      2. Market Attractiveness Index, By Disease Type
    2.  Obesity*
      1. Introduction
      2. Market Size Analysis, US$ Million, 2018-2028 and Y-o-Y Growth Analysis (%), 2020-2028
    3. Bulimia
    4. Diabetes
    5. Anorexia
    6. Others
  8. Global Weight loss stomach Pump Market – By End-user
    1. Introduction
      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user Segment
      2. Market Attractiveness Index, By End-user Segment
    2.  Hospitals*
      1. Introduction
      2. Market Size Analysis, US$ Million, 2018-2028 and Y-o-Y Growth Analysis (%), 2020-2028
    3. Clinics
    4. Nursing homes
    5. Others
  9. Global Weight loss stomach Pump Market – By Region
    1. Introduction
      1. Market Size Analysis, US$ Million, 2018-2028 and Y-o-Y Growth Analysis (%), 2020-2028, By Region
      2. Market Attractiveness Index, By Region
    2. North America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Disease Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. U.S.
        2. Canada
        3. Mexico
    3. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Disease Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
    4. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Disease Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Disease Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user
      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Disease Type
      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-user
  10. Global Weight loss stomach Pump Market – Competitive Landscape
    1. Key Developments and Strategies
    2. Company Share Analysis
    3. Product Benchmarking
    4. Key Companies to Watch
    5. Company with disruptive technology
    6. Start Up Companies
  11. Global Weight loss stomach Pump Market- Company Profiles
    1. Aspire Bariatrics, Inc (AspireAssist System) *
      1. Company Overview
      2. Product Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Apollo Endosurgery, Inc (ORBERA balloon) (*LIST NOT EXHAUSTIVE)
  12. Global Weight loss stomach Pump Market – DataM   
    1.       Appendix
    2. About Us and Services
    3. Contact Us

List of Tables & Figures

List of Tables

Table 1 Global Weight Loss Stomach Pump Market Value, By Disease Type, 2020,2024 & 2028($ Million)

Table 2 Global Weight Loss Stomach Pump Market Value, By End-user, 2020,2024 & 2028($ Million)

Table 3 Global Weight Loss Stomach Pump Market Value, By Region, 2020,2024 & 2028($ Million)

Table 4 Global Weight Loss Stomach Pump Market Value, By Disease Type, 2020,2024 & 2028($ Million)

Table 5 Global Weight Loss Stomach Pump Market Value, By Disease Type, 2018-2028($ Million)

Table 6 Global Weight Loss Stomach Pump Market Value, By End-user, 2020,2024 & 2028($ Million)

Table 7 Global Weight Loss Stomach Pump Market Value, By End-user, 2018-2028($ Million)

Table 8 Global Weight Loss Stomach Pump Market Value, By Region, 2020,2024 & 2028($ Million)

Table 9 Global Weight Loss Stomach Pump Market Value, By Region, 2018-2028($ Million)

Table 10 North America Weight Loss Stomach Pump Market Value, By Disease Type, 2018-2028($ Million)

Table 11 North America Weight Loss Stomach Pump Market Value, By End-user, 2018-2028($ Million)

Table 12 North America Weight Loss Stomach Pump Market Value, By Country, 2018-2028($ Million)

Table 13 South America Weight Loss Stomach Pump Market Value, By Disease Type, 2018-2028($ Million)

Table 14 South America Weight Loss Stomach Pump Market Value, By End-user, 2018-2028($ Million)

Table 15 South America Weight Loss Stomach Pump Market Value, By Country, 2018-2028($ Million)

Table 16 Europe Weight Loss Stomach Pump Market Value, By Disease Type, 2018-2028($ Million)

Table 17 Europe Weight Loss Stomach Pump Market Value, By End-user, 2018-2028($ Million)

Table 18 Europe Weight Loss Stomach Pump Market Value, By Country, 2018-2028($ Million)

Table 19 Asia-Pacific Weight Loss Stomach Pump Market Value, By Disease Type, 2018-2028($ Million)

Table 20 Asia-Pacific Weight Loss Stomach Pump Market Value, By End-user, 2018-2028($ Million)

Table 21 Asia-Pacific Weight Loss Stomach Pump Market Value, By Country, 2018-2028($ Million)

Table 22 Middle East & Africa Weight Loss Stomach Pump Market Value, By Disease Type, 2018-2028($ Million)

Table 23 Middle East & Africa Weight Loss Stomach Pump Market Value, By End-user, 2018-2028($ Million)

Table 24 Aspire Bariatrics, Inc: Overview

Table 25 Aspire Bariatrics, Inc: Product Portfolio

Table 26 Aspire Bariatrics, Inc: Key Developments

Table 27 Apollo Endosurgery, Inc: Overview

Table 28 Apollo Endosurgery, Inc: Product Portfolio

Table 29 Apollo Endosurgery, Inc: Key Developments

List of Figures

Figure 1 Global Weight Loss Stomach Pump Market Share, By Disease Type, 2020 & 2028 (%)

Figure 2 Global Weight Loss Stomach Pump Market Share, By End-user, 2020 & 2028 (%)

Figure 3 Global Weight Loss Stomach Pump Market Share, By Region, 2020 & 2028 (%)

Figure 4 Global Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 5 Global Weight Loss Stomach Pump Market Y-o-Y Growth, By Disease Type, 2020 & 2028 (%)

Figure 6 Obesity: Global Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 7 Bulimia: Global Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 8 Diabetes: Global Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 9 Anorexia: Global Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 10 Others: Global Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 11 Global Weight Loss Stomach Pump Market Y-o-Y Growth, By End-user, 2020 & 2028 (%)

Figure 12 Hospitals: Global Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 13 Clinics: Global Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 14 Nursing Homes: Global Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 15 Others: Global Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 16 Global Weight Loss Stomach Pump Market Y-o-Y Growth, By Region, 2020 & 2028 (%)

Figure 17 North America Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 18 North America Weight Loss Stomach Pump Market Share, By Disease Type, 2020 & 2028 (%)

Figure 19 North America Weight Loss Stomach Pump Market Share, By End-user, 2020 & 2028 (%)

Figure 20 North America Weight Loss Stomach Pump Market Share, By Country, 2020 & 2028 (%)

Figure 21 South America Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 22 South America Weight Loss Stomach Pump Market Share, By Disease Type, 2020 & 2028 (%)

Figure 23 South America Weight Loss Stomach Pump Market Share, By End-user, 2020 & 2028 (%)

Figure 24 South America Weight Loss Stomach Pump Market Share, By Country, 2020 & 2028 (%)

Figure 25 Europe Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 26 Europe Weight Loss Stomach Pump Market Share, By Disease Type, 2020 & 2028 (%)

Figure 27 Europe Weight Loss Stomach Pump Market Share, By End-user, 2020 & 2028 (%)

Figure 28 Europe Weight Loss Stomach Pump Market Share, By Country, 2020 & 2028 (%)

Figure 29 Asia-Pacific Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 30 Asia-Pacific Weight Loss Stomach Pump Market Share, By Disease Type, 2020 & 2028 (%)

Figure 31 Asia-Pacific Weight Loss Stomach Pump Market Share, By End-user, 2020 & 2028 (%)

Figure 32 Asia-Pacific Weight Loss Stomach Pump Market Share, By Country, 2020 & 2028 (%)

Figure 33 Middle East & Africa Weight Loss Stomach Pump Market Value, 2018-2028($ Million)

Figure 34 Middle East & Africa Weight Loss Stomach Pump Market Share, By Disease Type, 2020 & 2028 (%)

Figure 35 Middle East & Africa Weight Loss Stomach Pump Market Share, By End-user, 2020 & 2028 (%)

Figure 36 Aspire Bariatrics, Inc: Financials

Figure 37 Apollo Endosurgery, Inc: Financials

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