Weight Loss Stomach Pump Market - Forecast(2024 - 2030)

Report Code: HCR 0627 Report Format: PDF + Excel

Weight Loss Stomach Pump Market Overview

Weight Loss Stomach Pump Market size is estimated to reach $456.7 million by 2027, growing at a CAGR of 4.3% during the forecast period 2022-2027. A weight loss stomach pump is a medical device that permits regulation over the absorption of calories by the human body. It is a pump that links externally to discharge the complete stomach contents. These pumps are chiefly used by bulimia patients with age 22 or greater. Anorexia nervosa is an eating ailment represented most noticeably by weight loss and lack of nutrients. Gastric lavage is the medical term for having the stomach pumped. As reported in June 2016, the U.S. Food And Drug Administration (FDA) authorized a stomach pump device termed the AspireAssist device, declared by some as a “reverse feeding tube,” to assist people in losing weight. The increasing predominance of obesity and the surging application of gastric bypass surgery in patients are set to drive the Weight Loss Stomach Pump Market. The proliferating application of weight loss stomach pump devices by youth is set to propel the growth of the Weight Loss Stomach Pump Market during the forecast period 2022-2027. This represents the Weight Loss Stomach Pump Industry Outlook.

Report Coverage

The report: “Weight Loss Stomach Pump Market Forecast (2022-2027)”, by Industry ARC, covers an in-depth analysis of the following segments of the Weight Loss Stomach Pump Market.

By Disease Type: Obesity, Bulimia, Diabetes, Anorexia, Others.
By End-User: Hospitals, Clinics, Nursing Homes, Others.
By Geography: North America (U.S, Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand, and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia, Rest of South America), and Rest Of The World (Middle East, Africa).

Key Takeaways

  • Geographically, North America Weight Loss Stomach Pump Market accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the considerable technological progress involving stomach pump devices in the North American region.
  • Weight Loss Stomach Pump Market growth is being driven by the surging inclination towards non-surgical treatment globally and the growth in lifestyle practices. However, the soaring cost related to weight loss stomach pump device is one of the major factors hampering the growth of the Weight Loss Stomach Pump Market. 
  • Weight Loss Stomach Pump Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Weight Loss Stomach Pump Market report.

    Weight Loss Stomach Pump Market: Market Share (%) by Region, 2021

    Weight Loss Stomach Pump Market

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Weight Loss Stomach Pump Market Segment Analysis – By Disease Type:

The Weight Loss Stomach Pump Market based on disease type can be further segmented into Obesity, Bulimia, Diabetes, Anorexia, Others. The Obesity Segment held the largest market share in 2021. This growth is owing to the proliferating unhealthy lifestyles resulting in obesity even amidst healthy people. Weight Loss Stomach Pump device is used by obese and bulimia patients. The long working hours resulting in less exercise and physical activity, lack of sleep, and effects of anti-hypertensives resulting in obesity are further propelling the growth of the Obesity segment.
Furthermore, the Bulimia segment is estimated to grow with the fastest CAGR of 5.7% during the forecast period 2022-2027 owing to the increasing count of bulimia patients who are aged 22 or greater and utilizes weight loss stomach pump device with women developing bulimia at the age of 18 or 19 on an average.

Weight Loss Stomach Pump Market Segment Analysis – By End User:

The Weight Loss Stomach Pump Market based on end-user can be further segmented into Hospitals, Clinics, Nursing Homes, and Others. The Hospitals segment held the largest market share in 2021. This growth is owing to the massive count of patients visiting hospitals and the existence of sophisticated healthcare infrastructure in recognized hospitals. Weight Loss Stomach Pump device is extensively used by obese, diabetic, and bulimia patients. The effortless accessibility of specialized and skilled medical professionals is further propelling the growth of this segment.
Furthermore, the Clinics segment is estimated to grow with the fastest CAGR of 5.4% during the forecast period 2022-2027 owing to the extensive application of Weight Loss Stomach Pump device in this healthcare setting particularly in developed countries with infrastructure enhancements to provide the most excellent health facilities to patients.

Weight Loss Stomach Pump Market Segment Analysis – By Geography:

The Weight Loss Stomach Pump Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and Rest of the World. North America (Weight Loss Stomach Pump Market) held the largest share with 35% of the overall market in 2021. The growth of this region is owing to the soaring technological progress in the North American region. There is a significant count of cases of Obesity and Bulimia in this region. The surging government initiatives to launch weight loss stomach pump devices in the existing healthcare infrastructure are further propelling the growth of the Weight Loss Stomach Pump Market in the North American region.
Furthermore, the Asia-Pacific region is estimated to be the region with the fastest CAGR rate over the forecast period 2022-2027. This growth is owing to factors like the increasing rising pervasiveness of obesity in the Asia-Pacific region. The proliferating sedentary lifestyles and the higher awareness regarding well-being resulting in the application of weight loss stomach pump devices are further fueling the progress of the Weight Loss Stomach Pump Market in the Asia-Pacific region.

Increasing Predominance Of Obesity And Bulimia Is Projected To Drive The Growth Of Weight Loss Stomach Pump Market:

As per the World Health Organization (WHO), 39 million children aged under 5 were overweight or obese in 2020. Diet may be regulated, and exercise may be performed to decrease the weight. However, this alone may not be sufficient in numerous obese cases. The application of weight loss stomach pumps may be recommended to decrease the weight. This is a very recognized technique among young people. Furthermore, another benefit is that it permits to penetrate the body with minimal endeavors. There is a surging inclination towards non-surgical treatment which is further propelling the growth of the Weight Loss Stomach Pump Market. Bulimia is an eating ailment represented by binge eating, followed by techniques to refrain from weight gain. Bulimia patients make extensive use of weight loss stomach pumps. The increasing predominance of obesity and bulimia is therefore fueling the growth of the Weight Loss Stomach Pump Market during the forecast period 2022-2027.

Novel Product Launches Involving Weight Loss Stomach Pump Are Expected To Boost The Product Demand:

Weight loss stomach pumps are widely used by obese and bulimia patients. In June 2016, a novel device that diminishes a part of the contents of the stomach of a person after each meal was authorized by the U.S. Food and Drug Administration (FDA). The AspireAssist device is targeted towards obese people who are at least 22 years of age and who have been unable to lose weight by way of additional techniques, excluding surgery. The device was established by King of Prussia, Pennsylvania-based firm Aspire Bariatrics. The device includes a pump that fastens to a hose surgically inserted in a patient’s stomach. The hose is linked to a “disk-shaped port valve” that sits flush against the patient’s skin, as per a release from the FDA. Around 20 to 30 minutes after a meal, the patient frees the valve and for the next 10 minutes diminishes around 30 percent of the calories consumed — right into the toilet. These kinds of novel product launches involving Weight Loss Stomach Pump are therefore driving the growth of the Weight Loss Stomach Pump Market during the forecast period 2022-2027.

Weight Loss Stomach Pump Market – Challenges

Disadvantages Of Weight Loss Stomach Pump Are Hampering The Growth Of The Weight Loss Stomach Pump Market:

To be eligible for the weight loss procedure associated with the pump termed Aspire Assist, authorized by the U.S. Food And Drug Administration (FDA), patients need to be at least 22 years old and have a BMI of 35 – 55. Regrettably, as with the gastric balloon, which is seemingly much more hazardous, numerous insurance firms do not cover the cost of this surgery. The cost of a weight loss pump is around $8,000 – $13,000 within the first year, but it does change from patient to patient. The weight loss stomach pump halts operation after 5-6 weeks and does need a return visit to a physician. To introduce the device, anesthesia is not included, but it does need ‘conscious sedation.’ It should be noticed that it is not authorized by ASMBS (American Society for Metabolic and Bariatric Surgery). These issues are thus hampering the growth of the Weight Loss Stomach Pump Market.

Weight Loss Stomach Pump Industry Outlook

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Weight Loss Stomach Pump Market. Key companies of this market are:

  1. Aspire Bariatrics
  2. Apollo Endosurgery
  3. Allurion Technologies
  4. Spatz FGIA
  5. Obalon Therapeutics, Inc.
  6. Medsil
  7. Endalis
  8. Ethicon, Inc. (Johnson & Johnson)
  9. Silimed
  10. Standard Bariatrics

Recent Developments

  • In February 2022, Goldman Sachs Group Inc. advanced its position in Apollo Endosurgery, Inc. by 0.7% in the 3rd quarter, as per its most current filing with the Securities and Exchange Commission. The institutional investor owned 641,971 shares of the biotechnology firm’s stock subsequent to purchasing an added 4,716 shares at the time of the quarter. Goldman Sachs Group Inc. owned 2.24% of Apollo Endosurgery worth $5,816,000 as of its most current SEC filing.
  • In October 2021, Apollo Endosurgery, Inc. declared that research investigators of the Multi-Center ESG Randomized Interventional Trial (MERIT) demonstrated positive results. Dr. Barham Abu Dayyeh, Professor of Medicine and Director of Advanced Endoscopy at the Mayo Clinic displayed the data at the International Federation for the Surgery of Obesity and Metabolic Disorders (IFSO) at the time of the "Top 10 Papers at IFSO" session. Key highlights are inclusive of “Study Methods” were in the trial admitted 208 patients across nine U.S. centers.
  • In May 2021, Apollo Endosurgery, Inc. declared financial outcomes for the first quarter ended March 31, 2021. Some of the focal points include the Total revenue being $13.9 million, a surge of 29% from the first quarter of 2020 and Endoscopic Suturing System (ESS) revenue heightened by 26%, and Intragastric Balloon (IGB) revenue elevated by 41% in comparison with the first quarter of 2020. Furthermore, a Gross margin of 54% was recorded, 2% greater than the first quarter of 2020.

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1. Weight Loss Stomach Pump Market Overview
    1.1 Definitions and Scope
2. Weight Loss Stomach Pump Market - Executive Summary
3. Weight Loss Stomach Pump Market – Market Landscape
    3.1 Company Benchmarking- Key Companies
    3.2 Key Company Financial Analysis
    3.3 Market Share Analysis
    3.4 Patent Analysis
    3.5 Pricing Analysis (Comparison of General Price Offerings in the Market)
4. Weight Loss Stomach Pump Market – Startup Company Scenario (Premium)
    4.1 Investment
    4.2 Revenue
    4.3 Venture Capital and Funding Scenario
5. Weight Loss Stomach Pump Market – Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Scenario
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Weight Loss Stomach Pump Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Weight Loss Stomach Pump Market – By Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle Analysis
8. Weight Loss Stomach Pump Market - By Disease Type (Market Size –$Million/$Billion) 
    8.1 Obesity
    8.2 Bulimia
    8.3 Diabetes
    8.4 Anorexia
    8.5 Others
9. Weight Loss Stomach Pump Market - By End-User (Market Size –$Million/$Billion) 
    9.1 Hospitals
    9.2 Clinics
    9.3 Nursing Homes
    9.4 Others
10. Weight Loss Stomach Pump Market - By Geography (Market Size -$Million/Billion)
    10.1 North America
        10.1.1 U.S
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 Germany
        10.2.2 France
        10.2.3 UK
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Russia
        10.2.7 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 Japan
        10.3.3 South Korea
        10.3.4 India
        10.3.5 Australia & New Zealand
        10.3.6 Rest of Asia-Pacific
    10.4 South America
        10.4.1 Brazil
        10.4.2 Argentina
        10.4.3 Chile
        10.4.4 Colombia
        10.4.5 Rest of South America
    10.5 Rest Of The World
        10.5.1 Middle East
        10.5.2 Africa
11. Weight Loss Stomach Pump Market - Market Entropy
    11.1 New product launches
    11.2 M&A's, collaborations, JVs and partnerships
12. Weight Loss Stomach Pump Market – Industry Competition Landscape (Premium)
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key Companies
        12.1.3 Market Share by Countries – Key Companies
    12.2 Competition Matrix
    12.3 Best Practices for Companies
13. Weight Loss Stomach Pump Market – Key Company List by Country Premium (Premium)
14. Weight Loss Stomach Pump Market - Company Analysis
    14.1 Company 1
    14.2 Company 2
    14.3 Company 3
    14.4 Company 4
    14.5 Company 5
    14.6 Company 6
    14.7 Company 7
    14.8 Company 8
    14.9 Company 9
    14.10 Company 10
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