Middle East and Africa Fluid Management Systems Market was worth USD 563.4 million in 2016 and estimated to be growing at a CAGR of 5.7%, to reach USD 743.34 million by 2021.
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Fluid management is a critical part of every diagnostic and angiographic procedure. It reduces the programming and installation costs.
Entire workflow of fluid management system is automated and safe. 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.
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Some of the factors driving 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 Middle East and Africa market in 2016 and covers integrated and standalone fluid management system. 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 Middle East and Africa market is analysed under various regions namely Middle East and Africa.
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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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