Fluid Management Systems Market

Fluid Management Systems Market Industry Analysis, Size, Share, Growth,
Trends, And Forecasts (2016–2021)
The Global Fluid Management Systems Market was worth USD 9.39 billion in 2016 and
estimated to be growing at a CAGR of 5.8%, to reach USD 12.47 billion by 2021. Fluid
management is a critical part of every diagnostic and angiographic procedure. It minimizes
the programming and installation costs. Entire workflow of fluid management system is
automated, safe, digitized and online. The credit of the rising interest on the fluid
management devices market could be given to an expansion in the quantity of social
healthcare service providers.
Some of the major drivers of the market are- increase in the demand for minimally invasive
procedures, introduction of novel fluid management system, increased government funding
for healthcare, growing healthcare infrastructure. There has been a rise in the disposable
incomes which leads to the growth of the healthcare industry. Lack of skilled labour and the
high cost of surgical procedures are some restraints of the market.
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In this report the market is segmented on the basis of product and application. Based on
product type, the market is segmented into fluid management system and fluid
management disposables & accessories. The fluid management systems market accounted
for the largest share of the global market in 2016 and covers integrated and standalone fluid
management system.
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Within the fluid management systems market, the standalone fluid management systems
segment accounted the largest share of the fluid management systems market. Standalone
fluid management systems are less expensive as compared to integrated systems. On the
basis of applications, the market is categorized into urology, gastroenterology, laparoscopy,
gynecology/ obstetrics, bronchoscopy, arthroscopy, cardiology, neurology, otoscopy,
dentistry and anesthesiology. On the basis of geography, the global market is analysed
under various regions namely North America, Europe, Asia-Pacific, Latin America and
Middle East and Africa. North America accounted for the largest share of the market
followed by Europe. Asia-Pacific is expected to register a high CAGR over the forecast
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Leading players in this market are Fresenius Medical Care AG & Co. KGaA (Germany),
Baxter International, Inc. (U.S.), B. Braun Melsungen AG (Germany), Ecolab, Inc. (U.S.),
Zimmer Biomet Holdings Inc. (U.S.) and Cardinal Health, Inc. (U.S.).
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The Global Fluid Management Systems Market was worth USD 9.39 billion in 2016 and estimated to be growing at a CAGR of 5.8%, to reach USD 12.47 billion by 2021.