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.
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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.
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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. 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 period.
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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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Scope of the report:-
- Global, regional and country-level analysisand forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysisin terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges(DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensivePESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, usingPorter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list ofkey market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysislisting out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Anexecutive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along withInvestment opportunities to provide both individuals and organizations a strong financial foothold in the market
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