Global Obesity Intervention Devices Market Size By Solution Type, By End-User, By Technology, By Geography Scope And Forecast

Report ID: 345442|No. of Pages: 202

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Global Obesity Intervention Devices Market Size By Solution Type, By End-User, By Technology, By Geography Scope And Forecast

Report ID: 345442|Published Date: Jun 2024|No. of Pages: 202|Base Year for Estimate: 2024|Format:   Report available in PDF formatReport available in Excel Format

Obesity Intervention Devices Market Size And Forecast

Obesity Intervention Devices Market size was valued at USD 267.88 Million in 2024 and is projected to reach USD 417.08 Million by 2031, growing at a CAGR of 5.69% during the forecast period 2024-2031.

Obesity Intervention Devices Marketis estimated to grow at a CAGR of 5.69% & reach US$ 417.08 Bn by the end of 2031

Global Obesity Intervention Devices Market Drivers

The market drivers for the Obesity Intervention Devices Market can be influenced by various factors. These may include:

  • Growing Obesity Rates: Due to changes in nutrition, lifestyle, and physical activity levels, obesity rates have been rising globally throughout time. As a result, there is an increasing need for therapies that deal with health problems associated with obesity.
  • Enhanced Knowledge and Education: As people become more conscious of the health hazards linked to obesity, there is a greater need for efficient solutions. This awareness is further fueled by educational programs and public health campaigns.
  • Technological Developments: Wearables, implantable devices, and minimally invasive surgery are just a few of the novel obesity intervention devices that have been made possible by advances in medical technology. These developments draw in patients looking for practical answers as well as healthcare professionals.
  • Government Policies and Initiatives: By fostering an environment that is conducive to the adoption of obesity intervention devices, government policies and initiatives, such as taxes on sugar-filled beverages, subsidies for healthful foods, and physical activity-promoting regulations, can help drive demand for these devices.
  • Healthcare Cost Burden: Health problems associated with obesity place a heavy financial strain on healthcare systems around the globe. Consequently, there is an increasing emphasis on interventions and preventive strategies to lower healthcare expenses connected to illnesses related to obesity. This justifies the purchase of obesity intervention technology as an affordable fix.
  • Growing Healthcare Expenditure: Consumers and healthcare providers are eager to invest in cutting-edge therapies and equipment for managing obesity, as seen by the general increase in healthcare spending around the world.
  • Changing Demographics: The incidence of obesity and associated health problems is influenced by aging populations and shifting demographics, especially in wealthy nations. The need for obesity intervention tools that can specifically cater to the needs of senior populations is being driven by this shift in demographics.
  • Lifestyle Changes: The obesity epidemic is partly caused by urbanization, sedentary lifestyles, and changes in food habits. Obesity intervention devices are appealing choices for people looking for efficient weight-management techniques since they provide answers that fit with contemporary lifestyles.
  • Growing Interest in Personalized Medicine: Thanks to developments in precision medicine and genetics, there is a growing movement in personalized healthcare. Customized obesity prevention tools that consider personal characteristics like genetics, metabolism, and behavior are becoming more and more popular.
  • Partnerships and Collaborations: The development of comprehensive obesity management solutions, including intervention devices, is fueled by partnerships and collaborations among healthcare providers, pharmaceutical companies, research institutes, and makers of medical devices. These collaborations support the field’s efforts in R&D and commercialization.

Global Obesity Intervention Devices Market Restraints

Several factors can act as restraints or challenges for the Obesity Intervention Devices Market. These may include:

  • Expensive: A lot of obesity intervention tools, such gastric bands or supplies for bariatric surgery, can be pricey. Some individuals or healthcare facilities may not be able to afford the high cost, particularly in areas with tight resources for healthcare.
  • Insurance Coverage: One of the biggest obstacles to treatment for people seeking obesity intervention surgeries or devices is limited or nonexistent insurance coverage. Patients might find it difficult to pay for these procedures without sufficient coverage, which would reduce the adoption rate.
  • Regulatory Obstacles: Tight regulations that must be met in order for obesity intervention devices to be approved may impede market expansion. The time and expense required for manufacturers to introduce innovative gadgets to the market may increase due to drawn-out regulatory procedures.
  • Safety Concerns: Patients and healthcare professionals may be discouraged from using some obesity intervention devices due to safety concerns. Device-related adverse occurrences or difficulties may result in bad press and legal ramifications for manufacturers.
  •  Limited Efficacy: Patients and medical professionals may become skeptical about obesity intervention devices due to their potential for limited efficacy or low long-term success rates. Devices that don’t produce the expected results could see a decline in market demand.
  • Alternative Therapies: The availability of alternative therapies, such as lifestyle changes or medication interventions, could put obesity intervention devices in competition. These options may be preferred by patients and healthcare professionals for reasons including perceived efficacy or convenience.
  •  Stigma: Market demand may be impacted by the stigma associated with obesity and weight loss programs. Patients’ desire to seek assistance or participate in programs may be influenced by cultural attitudes or society opinions surrounding the treatment of obesity.
  •  Patient Eligibility Requirements: Restrictions on who can use specific obesity therapeutic techniques or gadgets may make them only applicable to a portion of patients. Individuals who don’t fit these requirements might not be able to receive potentially helpful treatments.
  •  Lack of Knowledge: The development of the market may be hampered by patients’ and healthcare professionals’ ignorance of the benefits of the various obesity intervention technologies. It could be necessary to conduct outreach and education programs to raise awareness and encourage adoption.

Global Obesity Intervention Devices Market Segmentation Analysis

The Global Obesity Intervention Devices Market is Segmented on the basis of Solution Type, End-User, Technology, and Geography.Global Obesity Intervention Devices Market Segmentation Analysis

Obesity Intervention Devices Market, By Solution Type

  • Surveillance Systems: Including video surveillance, access control, and biometric systems.
  • Disaster Recovery: Solutions for recovering from natural disasters, terrorist attacks, and other emergencies.
  • Cybersecurity: Including network security, endpoint security, and data protection.
  • Risk and Emergency Services: Solutions for risk assessment, emergency response, and incident management.
  • Critical Infrastructure Protection: Solutions aimed at protecting infrastructure such as energy grids, transportation systems, and communication networks.

Obesity Intervention Devices Market, By End-User

  • Government Agencies: Federal, state, and local government bodies responsible for public safety and security.
  • Private Sector: Businesses and corporations requiring security measures for their operations.
  • Critical Infrastructure: Organizations managing critical infrastructure such as energy, water supply, and transportation.
  • Military and Defense: Armed forces and defense organizations.

Obesity Intervention Devices Market, By Technology

  • Access Control Systems: Technologies for physical and digital access management.
  • Perimeter Security: Fences, barriers, and surveillance systems for securing physical perimeters.
  • Communication Systems: Emergency communication technologies and systems.
  • Detection and Monitoring Systems: Sensors and systems for detecting threats and monitoring environments.

Obesity Intervention Devices Market, By Geography

  • North America: Market conditions and demand in the United States, Canada, and Mexico.
  • Europe: Analysis of the OBESITY INTERVENTION DEVICES MARKET in European countries.
  • Asia-Pacific: Focusing on countries like China, India, Japan, South Korea, and others.
  • Middle East and Africa: Examining market dynamics in the Middle East and African regions.
  • Latin America: Covering market trends and developments in countries across Latin America.

Based on Geography, The Global Obesity Intervention Devices Market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.

Key Players

The major players in the Obesity Intervention Devices Market are

  • Reshape Lifesciences Inc
  • Gl Dynamics
  • Allurion Technologies Inc.
  • Johnson & Johnson
  • Spatz FGIA Inc.
  • A.M.I. GmbH
  • Endalis Laboratoire
  • Cousin Surgery
  • Abbvie Inc (Allergan)
  • Apollo Endosurgery

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Reshape Lifesciences Inc, Gl Dynamics, Allurion Technologies, Inc., Johnson & Johnson, Spatz FGIA Inc., A.M.I. GmbH, Endalis Laboratoire, Cousin Surgery, Abbvie Inc (Allergan).

SEGMENTS COVERED

By Solution Type, By End-User, By Technology, and By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Research Methodology of Verified Market Research:

Research Methodology of VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

Obesity Intervention Devices Market size was valued at USD 267.88 Million in 2024 and is projected to reach USD 417.08 Million by 2031, growing at a CAGR of 5.69% during the forecast period 2024-2031.

Growing Obesity Rates, Enhanced Knowledge and Education,Technological Developments are the factors driving the growth of theObesity Intervention Devices Market.

The major players are Reshape Lifesciences Inc, Gl Dynamics, Allurion Technologies, Inc., Johnson & Johnson, Spatz FGIA Inc., A.M.I. GmbH, Endalis Laboratoire, Cousin Surgery, Abbvie Inc (Allergan).

The Global Obesity Intervention Devices Market is Segmented on the Basis of Solution Type, End-User, Technology, and Geography.

The sample report for the Obesity Intervention Devices Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1. Introduction
· Market Definition
· Market Segmentation
· Research Methodology

2. Executive Summary
· Key Findings
· Market Overview
· Market Highlights

3. Market Overview
· Market Size and Growth Potential
· Market Trends
· Market Drivers
· Market Restraints
· Market Opportunities
· Porter’s Five Forces Analysis

4. Obesity Intervention Devices Market, By Solution Type:
• Surveillance Systems
• Disaster Recovery
• Cybersecurity
• Risk and Emergency Services
• Critical Infrastructure Protection

5. Obesity Intervention Devices Market, By End-User
• Government Agencies
• Private Sector
• Critical Infrastructure
• Military and Defense

6. Obesity Intervention Devices Market, By Technology
• Access Control Systems
• Perimeter Security
• Communication Systems
• Detection and Monitoring Systems

7. Regional Analysis
· North America
· United States
· Canada
· Mexico
· Europe
· United Kingdom
· Germany
· France
· Italy
· Asia-Pacific
· China
· Japan
· India
· Australia
· Latin America
· Brazil
· Argentina
· Chile
· Middle East and Africa
· South Africa
· Saudi Arabia
· UAE

8. Market Dynamics
· Market Drivers
· Market Restraints
· Market Opportunities
· Impact of COVID-19 on the Market

9. Competitive Landscape
· Key Players
· Market Share Analysis

10. Company Profiles
·Reshape Lifesciences Inc
·Gl Dynamics
·Allurion Technologies Inc.
Johnson & Johnson
·Spatz FGIA Inc.
·A.M.I. GmbH
·Endalis Laboratoire
·Cousin Surgery
·Abbvie Inc (Allergan)

11. Market Outlook and Opportunities
• Emerging Technologies
• Future Market Trends
• Investment Opportunities

12. Appendix
• List of Abbreviations
• Sources and References

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Obesity Intervention Devices Market

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