The global Fluid Management Systems and Accessories market is expected to attain a market size of $13.0 billion by 2022, growing at a CAGR of 6.1% during the forecast period.
A fluid management system is used to balance body fluid in order to prevent complications associated with undesired levels of fluid in the body. Additionally, today is also used in diagnosis of critical medical conditions relatively early. Fluid management systems perform functions such as fluid irrigation, fluid warming, fluid filtration, fluid deficit monitoring, and others. Factors such as increasing number of minimally invasive surgeries, technological advancements in fluid management system, and governmental involvement in the form of funds and grants, worldwide for endosurgical procedures are driving the market.Growing prevalence of chronic diseases, especially related to otoneurology, gastrointestinal tract, orthopedic disorders and nephrology related disorders would significantly contribute to the growth of the fluid management systems market during the forecast period. Major drivers which would fuel the growth of this market are increasing demand for noninvasive and minimally invasive surgeries, introduction of novel fluid management and visualization systems, rising government support in healthcare, growing healthcare infrastructure and growing medical reimbursement facilities.
Based on Product, the Fluid Management Systems and Accessories market size is segmented into Fluid Management Systems and Fluid Management Accessories. Fluid Management Systems is segmented into Standalone Systems and Integrated Systems. Standalone Systems is further divided into Dialyzers, Insufflators, Suction/Evacuation & Irrigation Systems, Fluid Waste Management Systems, Fluid Warming Systems, and Others. Fluid Management Accessories is further divided into Catheters, Bloodlines, Tubing Sets, Pressure Monitoring Lines, Pressure Transducer, Valves, Connectors, and Fittings, Suction Canisters, Cannulas, and Other Fluid Management Accessories. Based on Application, the Fluid Management Systems and Accessories market size is segmented into Urology, Gastroenterology, Laparoscopy, Gynecology/Obstetrics, Bronchoscopy, Arthroscopy, Cardiology, Neurology, Dentistry & Otoscopy, and Others.Based on region, Fluid Management Systems & Accessories market is segmented into North America (US, Canada, Mexico and Rest of North America), Europe (Germany, UK, France, Russia, Spain, Italy and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia-Pacific) and Latin America, and Middle East & Africa. North America remained the dominant region in the global Fluid Management Systems & Accessories market in 2015. Asia-Pacific would witness promising CAGR during the forecast period (2016-2022).
The Fluid Management Systems and Accessories market analysis report covers the analysis of key stake holders of the Fluid Management Systems & Accessories market. Key companies profiled in the report include Fresenius Medical Care, Stryker Corporation, Olympus Corporation, B. Braun, Smiths Group Plc., Baxter International Inc., Ecolab and AngioDynamics Inc.
Related Reports:
North America Fluid Management Systems and Accessories Market
Europe Fluid Management Systems and Accessories Market
Asia Pacific Fluid Management Systems and Accessories Market
LAMEA Fluid Management Systems and Accessories Market
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