Fluid Management Systems Market report categories the Global market by Application (Gastroenterology, Urology, Laparoscopy, Gynecology), Product (Fluid Warming systems, Dialyzers, Insufflators, Pressure Transducers, Suction Canister), Disposables and Accessories & Geography
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The report "Fluid Management Systems Market by Product (Dialyzers, Insufflators, Fluid Warming systems, Pressure Transducers, Suction Canister), Disposables and Accessories, & Application (Urology, Laparoscopy, Gastroenterology, Gynecology) - Forecast to 2021", The fluid management systems and accessories market is projected to reach USD 12.47 Billion by 2021 from USD 9.39 Billion in 2016, at a CAGR of 5.8% during the forecast period.
Market growth can be attributed to the increase in number of minimally invasive surgeries, technological advancements in fluid management systems, and increase in government funds and grants worldwide for endosurgical procedures are driving the fluid management systems and accessories market. Moreover, the untapped potential in emerging markets and rising use of single-use disposable devices and accessories are expected to offer growth opportunities for players operating in the fluid management systems and accessories market.
Browse 121 market data tables and 36 figures spread through 208 pages and in-depth TOC on “Fluid Management Systems Market".
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Geographically, the global market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America, comprising the U.S.
and Canada, accounted for the largest share of the global market in 2015. The large share of this region can be attributed to the growth in aging and chronically ill population, increasing number of minimally invasive surgeries, growth in the number of dialysis centers, rising usage of single-use disposable accessories, and advancements in technologies.
However, the Asia-Pacific region is the fastest-growing market owing to factors such as the rising geriatric population, increased patient awareness for minimally invasive endosurgeries, rapid rise in the number of people suffering from kidney disorders, growth in per capita income, increasing investments in the healthcare industry by key market players.
Some of the major players operating in the fluid management systems and accessories market include Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International Inc.
(U.S.), B. Braun Melsungen AG (Germany), Stryker Corporation (U.S.), Olympus Corporation (Japan), Ecolab Inc. (U.S.), Cardinal Health, Inc. (U.S.), Smiths Medical (U.K.), KARL STORZ GmbH & Co.
KG (Germany), Zimmer Biomet Holdings Inc. (U.S.), AngioDynamics, Inc. (U.S.), and Karl Storz GmbH & Co.
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