Fluid Management Systems Market All Inclusive Analysis, Development Trends, Driving Forces, Restraints, Opportunities, and Forecast 2024
Global Fluid Management Systems Market By Product, By Application, By Geography – Industry Trends and Forecast to 2024
Pune, India -- (SBWire) -- 01/25/2018 --The Fluid Management Systems Market accounted to USD 9.78 billion in 2016, growing at a CAGR of 6.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Market Definition:
Fluid management system is proposed to monitor and control the utilization and inventory balances of automotive fluid products. Fluid management is a serious part of diagnostic and interventional angiographic procedure. This minimizes the programming and installation costs. It minimizes the operation cost, medication cost and control & reduce wastage. Rise in in the quantity of social healthcare service providers boosts the fluid management system market.
Global Fluid Management Systems Market By Product (Fluid Management Systems, Fluid Management Disposables & Accessories), By Application (Urology, Gastroenterology, Laparoscopy, Gynecology or Obstetrics, Bronchoscopy, Arthroscopy, Cardiology, Neurology, Otoscopy, Dentistry, Anesthesiology), By Geography – Industry Trends and Forecast to 2024
Top Competitors:
- Baxter,
- Braun Melsungen AG,
- Stryker,
- Angiodynamics, Inc.,
- Cardinal Health, Inc.,
- Olympus Corporation,
- Smiths Group plc,
- Zimmer Biomet,
- Fresenius Medical Care AG & Co. KGaA,
- KARL STORZ GmbH & Co. KG,
- Ecolab,
- Medtronic,
- Johnson & Johnson Services Inc., BD,
- Acacia Communications,
- ALCOR Scientific,
- Pfizer Inc.,
- Richard Wolf GmbH,
- Hoffmann-La Roche Ltd.
- among others.
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Major Market Drivers:
- Increase in number of minimally invasive surgeries
- Technological advancements in fluid management systems
- Increasing incidences of digestive, respiratory, neural & reproductive system diseases
- Growth in government grants and funds for endosurgical procedures
- Favorable reimbursement policies
- Single-use disposable devices and accessories are raising
- Lack of skilled professionals
- High price of endosurgical procedures
- Lack of awareness towards diseases
Competitive Analysis:
The fluid management systems market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fluid management systems market for global, Europe, North America, Asia Pacific and South America.
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Market Segmentation:
The fluid management systems market is segmented by product fluid management systems and fluid management disposables & accessories. Fluid management systems are further segmented into standalone fluid management systems and integrated fluid management systems. Standalone fluid management systems are again sub segmented into dialyzers, insufflators, suction or evacuation & irrigation systems, fluid waste management systems, fluid warming systems and others. Fluid management disposables and accessories are again sub segmented into catheters, bloodlines, tubing sets, pressure monitoring lines, pressure transducers, valves, connectors & fittings, suction canisters, cannulas and others.
- By application the market is segmented into urology, gastroenterology, laparoscopy, gynecology or obstetrics, bronchoscopy, arthroscopy, cardiology, neurology, otoscopy, dentistry and anesthesiology.
- On the basis of geography, fluid management systems market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Questions Answered in Global Fluid Management Systems Market Report:-
What will the market growth rate, Overview and Analysis by Type of Global Fluid Management Systems Market in 2024?
What are the key factors driving, Analysis by Applications and Global Fluid Management Systems Market?
What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Fluid Management Systems Market?
Who are Opportunities, Risk and Driving Force of Global Fluid Management Systems Market?
Who are the opportunities and threats faced by the vendors in Global Fluid Management Systems Market?
What are the Global Fluid Management Systems Market opportunities, market risk and market overview of the Market?
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