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Fluid Management System is Expected to Reach $12.47 Billion | Growing Demand in Asia-Pacific and North America

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Fluid Management System is Expected to Reach $12.47 Billion | Growing Demand in Asia-Pacific and North America

Factors such as increasing number of minimally invasive surgeries, technological advancements in fluid management system, and increase in government funds and grants worldwide for endosurgical procedures are driving the fluid management system market.

Fluid Management System Market: Impact Analysis

1. Fluid Management System and Accessories: Market Overview
2. Untapped Potential in Emerging Markets
3. Rise in Use of Single-Use Disposable Devices and Accessories
4. Technological Advancements in Fluid Management Systems
5. Advancements in Dialyzers

The fluid management system market is projected to reach USD 12.47 Billion by 2021, growing at a CAGR of 5.8%.

Key Questions Addressed in The Report:

1. Who are the top 10 players operating in the global Fluid Management System market?
2. What are the drivers, restraints, opportunities, and challenges in the Fluid Management System Industry?
3. What are the opportunities for stakeholders and provide details of the competitive landscape for key players?
4. What will be growth of Fluid Management System in North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa?
5. What are the Known and Unknown Adjacencies Impacting the Fluid Management Systems Industry?

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Fluid Management System Product:

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 2015 and covers integrated and standalone fluid management system.

Regional Analysis of Fluid Management System Demand and Growth:

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.

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, rising demand of cutting-edge technologies in endosurgeries, and expansion of private-sector hospitals in rural areas are expected to drive the growth of the Asia-Pacific market during the forecast period.

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Applications of Fluid Management System:

The urology segment accounted for the largest share of the market within application segment in 2015. The large share of this segment is mainly attributed to the increase in the number of dialysis procedures worldwide. The laparoscopy segment is projected to grow at the highest CAGR in the forecast period. Factors such as rising prevalence of colorectal cancer, increasing use of laparoscopy for bariatric surgeries, and technological advancements in laparoscopic instruments are driving this market.

Key Players:

Some of the major players in the fluid management systems market include Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International Inc. (U.S.), B. Braun Melsungen AG (Germany),  AngioDynamics, Inc. (U.S.), Karl Storz Gmbh & Co. Kg (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.), C. R. Bard Inc. (U.S.), Medline Industries, Inc. (U.S.), Medtronic plc (Ireland), and Romsons International (India).

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