Fluid Management Systems Market: Information by Product Type (Fluid Management System) Application (Urology, Laparoscopy,) End-User (Hospitals), and Region — Forecast till 2029

Dec 08, 2020   Market Overview The fluid management systems market is poised to grow at an exponential growth rate during the forecast period 2017-2029. The growth is attributed to the rise in the number of surgeries and continuous technological advancements in the medical sector. Healthcare professionals across the globe are demanding fluid management systems for better monitoring and precise data of the fluid management needs of the patient. It aids in improving clinical outcomes and in minimizing the costs...
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Market Overview

The fluid management systems market is poised to grow at an exponential growth rate during the forecast period 2017-2029. The growth is attributed to the rise in the number of surgeries and continuous technological advancements in the medical sector. Healthcare professionals across the globe are demanding fluid management systems for better monitoring and precise data of the fluid management needs of the patient. It aids in improving clinical outcomes and in minimizing the costs, thus driving the market growth. Other factors responsible for the market growth are real-time readings and the simple user interface of the product.

The development and expansion of minimally invasive and non-invasive surgery procedures globally are boosting the demand for fluid management systems. The rising prevalence of chronic diseases and diabetic patients across the world is prompting the need for advanced fluid management systems. Additionally, the hospitals and other end-users of the product are investing in upgraded technologies with visual systems. Growing healthcare infrastructure in the developing markets is providing an impetus to the demand. Increased road and other accidents are also anticipated to surge the demand for fluid management systems during the forecast period, 2017–2029.

Increasing Number of Minimally Invasive Surgeries Boosting Market Growth

Minimally invasive surgeries have changed the outlook of the healthcare industry and are gaining popularity over a period of time. The use of this surgical technique in heart surgery, kidney surgery, gynecology, neurology, organ transplants, and many others are expected to fuel the demand for fluid management systems. Moreover, prominent players in the market are significantly investing in the research and development of systems and technologies for the changing healthcare sector. In addition to this, the players are continuously seeking to integrate IoT and AI in the latest fluid management systems for better results.

Globally, there are around 315 million surgical procedures performer on an annual basis. A surge in the number of surgeries worldwide is boosting the demand for fluid management systems. Changing consumer lifestyle and unregulated eating habits have contributed to the rise in the number of people with chronic diseases. More than 17 million people die per year due to cardiovascular diseases, according to the annual statistics published by the World Economic Forum (WEF). Furthermore, the sedentary lifestyle and increased stress among individuals has surged the problem of obesity. This factor is predicted to surge the demand for fluid management systems in the next five years.

Cost and Time Efficient Ambulatory Surgeries Centers

The growing hospital costs and expenditures are a critical concern for the patients. The individuals prefer ambulatory surgery centers for the treatment as they are ideal for one-day surgeries and aids in cost-savings. The growing middle-class populace worldwide has surged the number of ambulatory surgery centers. According to the American Health Association (AHA), over 9,000 centers are established in the U.S., and the number is expected to increase in the coming future. The rapid technological advancements in healthcare have enabled the ASCs to specialize and perform specialty surgeries. The open surgery centers are considered as the largest consumer for these fluid management systems, therefore highlighting the market growth.

Initiatives Toward Women’s Health Awareness

As there is a significant rise in the working women populace, the changed lifestyle and higher level of stress among women has created problems related to the reproductive system. In addition, the growing geriatric population of women across the world is contributing to the increasing adoption of minimally invasive surgeries and the need for hysteroscopy. Fluid management systems play a vital role in the gynecological procedures, that demand for more high-end technology incorporated in the system. The innovative technology helps in minimizing challenges faced by the doctors and health workers performing different procedures. Large visual alerts and audible features of the system to alert fluid deficit and full waste bags help in the efficient moving of the process.

Favorable Government Initiatives and Revamping Healthcare Systems

Moreover, the growing demand for fluid management systems can be primarily attributed to the rising government initiatives for the modernization of the healthcare system, particularly in the developed regions. Growing incidences of gynecology diseases in Asia-Pacific and North America has created a demand for fluid management systems. Increased focus on research activities in the gynecology field and improved birth rates are major factors driving the demand for the product.

The fluid management systems can be integrated with other hysteroscopy instruments to effectively monitor the fluid flowing in and out of the uterus, allowing doctors to control and drive the process. Strong growth in the demand for the gynecology field is expected to push the demand for the fluid management system during the forecast period. 

Segmental Analysis

An Array of Benefits of Standalone Systems to Drive the Segment Growth

Among the various types of fluid management systems, the standalone systems are projected to register the highest market share in the global fluid management systems market. The standalone fluid management systems are gaining popularity as they are less expensive as compared to their counterparts. The standalone systems are extensively adopted in hospitals and small clinics, majorly in the developing regions. The portable nature of the product helps in easy transportation and makes it ideal for small facilities and ambulatory surgical centers.

The integrated systems are complex and difficult to use, thereby building a market for standalone fluid management systems. The dialysis segment holds a larger market share backed by an increased number of end-kidney stage patients. According to the statistics published by the UC San Francisco, almost 750,000 people in the U.S. annually are diagnosed with kidney failure. And over 2 million people globally suffer from kidney failure, with a number increasing by 5-7% per year. An increasing number of patients requiring dialysis means higher demand for fluid management systems, thus fostering segment growth.

Regional Analysis

North America — Largest Consumer for Fluid Management Systems

North America region is predicted to lead the global fluid management systems market throughout the forecast period. Prominent factors responsible for market growth are the increased number of ambulatory surgical centers and government reimbursements policies. The presence of notable players in the U.S. is a key factor contributing to the market growth.

The region is accounting for a larger share in the global market cause of the large pool of chronic patients and the aging population, particularly in the U.S. and Canada. This has influenced the number of surgeries, single-use disposable accessories, and dialysis centers, which, in turn, is influencing the market growth. The increased prevalence of cancer patients in the country and the emergence of advanced treatments for the disease is expected to expand North America’s share in the coming years.

Rising Diabetic Population in the Middle East

The Middle East and Africa region is projected to have a steady growth rate in the global fluid management market. With the government's focus on enhancing the healthcare sector for the well-being of the growing population, timely and safe delivery of pharmaceutical products and medical supplies is required, which has laid down a promising future for the fluid management systems in the Middle East and Africa region. According to the various studies conducted by international organizations, the growth of the pharmaceutical industry is primarily driven by lifestyle-related diseases such as diabetes and obesity, rising life expectancy, and a high population in the regions.

Figure 1 – People with Diabetes in the Middle East and North Africa (MENA) Region

People-with-Diabetes-in-the-Middle-East-and-North-Africa-Region

Source- International Diabetes Federation

Additionally, the government initiatives to improve the healthcare system, such as the UAE allocated over USD 1.2 billion funds into its healthcare system in the 2019 budget, are further leading towards development. The above-mentioned factors determine the potential for the fluid management systems market in the coming years.

Competitive Landscape

Some of the key players in the global fluid management systems Fresenius Medical Care AG & Co. KGaA, Baxter International Inc., Braun Melsungen AG, Stryker Corporation, Ecolab Inc., Angiodynamics, Inc., Cardinal Health, Inc., Olympus Corporation, Smiths Group PLC, Zimmer Biomet Holdings, Inc., Karl Storz GmbH & Co. Kg, and many more.

Fluid Management Systems Market: Segmentation

  By Product Type

  • Fluid Management System
    • Standalone Fluid Management System
      • Dialyzers
      • Insufflators
      • Suction/Evacuation And Irrigation Systems
      • Fluid Waste Management Systems
      • Fluid Warming Systems
      • Other Standalone Fluid Management System
    • Integrated Fluid Management System
  • Fluid Management Disposables and Accessories

By Application

  • Urology
  • Gastroenterology
  • Laparoscopy
  • Gynaecology/Obstetrics
  • Arthroscopy
  • Cardiology
  • Neurology
  • Dentistry
  • Others

By End-User

  • Hospitals
  • Ambulatory Surgical Centres
  • Healthcare Facilities
  • Dialysis Centres
  • Others

By Regions

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • The Middle East
  • Africa

Frequently Asked Questions (FAQs)

The rise in the number of surgeries and continuous technological advancements in the medical sector, growing healthcare infrastructure in the developing markets are the key factors expected to drive Fluid Management Systems Market during the forecast period.
Baxter International Inc., Braun Melsungen AG, Stryker Corporation, Ecolab Inc., Angiodynamics, Inc., Cardinal Health, Inc., Olympus Corporation, Smiths Group PLC, Zimmer Biomet Holdings, Inc., Karl Storz GmbH & Co. Kg are the top players in Fluid Management Systems Market.
North America is expected to hold the highest market share in Fluid Management Systems Market.
Hospitals End User Segment is expected to be the leading segment in Fluid Management Systems Market during the forecast period.
Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available at all times and included in every purchase.
We will send you an email with login credentials to access the report. You will also be able to download the pdf.
Basically, choose Pay by Purchase Order when you are checking out. We will connect with you via email to set up your order.

Market Overview

The fluid management systems market is poised to grow at an exponential growth rate during the forecast period 2017-2029. The growth is attributed to the rise in the number of surgeries and continuous technological advancements in the medical sector. Healthcare professionals across the globe are demanding fluid management systems for better monitoring and precise data of the fluid management needs of the patient. It aids in improving clinical outcomes and in minimizing the costs, thus driving the market growth. Other factors responsible for the market growth are real-time readings and the simple user interface of the product.

The development and expansion of minimally invasive and non-invasive surgery procedures globally are boosting the demand for fluid management systems. The rising prevalence of chronic diseases and diabetic patients across the world is prompting the need for advanced fluid management systems. Additionally, the hospitals and other end-users of the product are investing in upgraded technologies with visual systems. Growing healthcare infrastructure in the developing markets is providing an impetus to the demand. Increased road and other accidents are also anticipated to surge the demand for fluid management systems during the forecast period, 2017–2029.

Increasing Number of Minimally Invasive Surgeries Boosting Market Growth

Minimally invasive surgeries have changed the outlook of the healthcare industry and are gaining popularity over a period of time. The use of this surgical technique in heart surgery, kidney surgery, gynecology, neurology, organ transplants, and many others are expected to fuel the demand for fluid management systems. Moreover, prominent players in the market are significantly investing in the research and development of systems and technologies for the changing healthcare sector. In addition to this, the players are continuously seeking to integrate IoT and AI in the latest fluid management systems for better results.

Globally, there are around 315 million surgical procedures performer on an annual basis. A surge in the number of surgeries worldwide is boosting the demand for fluid management systems. Changing consumer lifestyle and unregulated eating habits have contributed to the rise in the number of people with chronic diseases. More than 17 million people die per year due to cardiovascular diseases, according to the annual statistics published by the World Economic Forum (WEF). Furthermore, the sedentary lifestyle and increased stress among individuals has surged the problem of obesity. This factor is predicted to surge the demand for fluid management systems in the next five years.

Cost and Time Efficient Ambulatory Surgeries Centers

The growing hospital costs and expenditures are a critical concern for the patients. The individuals prefer ambulatory surgery centers for the treatment as they are ideal for one-day surgeries and aids in cost-savings. The growing middle-class populace worldwide has surged the number of ambulatory surgery centers. According to the American Health Association (AHA), over 9,000 centers are established in the U.S., and the number is expected to increase in the coming future. The rapid technological advancements in healthcare have enabled the ASCs to specialize and perform specialty surgeries. The open surgery centers are considered as the largest consumer for these fluid management systems, therefore highlighting the market growth.

Initiatives Toward Women’s Health Awareness

As there is a significant rise in the working women populace, the changed lifestyle and higher level of stress among women has created problems related to the reproductive system. In addition, the growing geriatric population of women across the world is contributing to the increasing adoption of minimally invasive surgeries and the need for hysteroscopy. Fluid management systems play a vital role in the gynecological procedures, that demand for more high-end technology incorporated in the system. The innovative technology helps in minimizing challenges faced by the doctors and health workers performing different procedures. Large visual alerts and audible features of the system to alert fluid deficit and full waste bags help in the efficient moving of the process.

Favorable Government Initiatives and Revamping Healthcare Systems

Moreover, the growing demand for fluid management systems can be primarily attributed to the rising government initiatives for the modernization of the healthcare system, particularly in the developed regions. Growing incidences of gynecology diseases in Asia-Pacific and North America has created a demand for fluid management systems. Increased focus on research activities in the gynecology field and improved birth rates are major factors driving the demand for the product.

The fluid management systems can be integrated with other hysteroscopy instruments to effectively monitor the fluid flowing in and out of the uterus, allowing doctors to control and drive the process. Strong growth in the demand for the gynecology field is expected to push the demand for the fluid management system during the forecast period. 

Segmental Analysis

An Array of Benefits of Standalone Systems to Drive the Segment Growth

Among the various types of fluid management systems, the standalone systems are projected to register the highest market share in the global fluid management systems market. The standalone fluid management systems are gaining popularity as they are less expensive as compared to their counterparts. The standalone systems are extensively adopted in hospitals and small clinics, majorly in the developing regions. The portable nature of the product helps in easy transportation and makes it ideal for small facilities and ambulatory surgical centers.

The integrated systems are complex and difficult to use, thereby building a market for standalone fluid management systems. The dialysis segment holds a larger market share backed by an increased number of end-kidney stage patients. According to the statistics published by the UC San Francisco, almost 750,000 people in the U.S. annually are diagnosed with kidney failure. And over 2 million people globally suffer from kidney failure, with a number increasing by 5-7% per year. An increasing number of patients requiring dialysis means higher demand for fluid management systems, thus fostering segment growth.

Regional Analysis

North America — Largest Consumer for Fluid Management Systems

North America region is predicted to lead the global fluid management systems market throughout the forecast period. Prominent factors responsible for market growth are the increased number of ambulatory surgical centers and government reimbursements policies. The presence of notable players in the U.S. is a key factor contributing to the market growth.

The region is accounting for a larger share in the global market cause of the large pool of chronic patients and the aging population, particularly in the U.S. and Canada. This has influenced the number of surgeries, single-use disposable accessories, and dialysis centers, which, in turn, is influencing the market growth. The increased prevalence of cancer patients in the country and the emergence of advanced treatments for the disease is expected to expand North America’s share in the coming years.

Rising Diabetic Population in the Middle East

The Middle East and Africa region is projected to have a steady growth rate in the global fluid management market. With the government's focus on enhancing the healthcare sector for the well-being of the growing population, timely and safe delivery of pharmaceutical products and medical supplies is required, which has laid down a promising future for the fluid management systems in the Middle East and Africa region. According to the various studies conducted by international organizations, the growth of the pharmaceutical industry is primarily driven by lifestyle-related diseases such as diabetes and obesity, rising life expectancy, and a high population in the regions.

Figure 1 – People with Diabetes in the Middle East and North Africa (MENA) Region

People-with-Diabetes-in-the-Middle-East-and-North-Africa-Region

Source- International Diabetes Federation

Additionally, the government initiatives to improve the healthcare system, such as the UAE allocated over USD 1.2 billion funds into its healthcare system in the 2019 budget, are further leading towards development. The above-mentioned factors determine the potential for the fluid management systems market in the coming years.

Competitive Landscape

Some of the key players in the global fluid management systems Fresenius Medical Care AG & Co. KGaA, Baxter International Inc., Braun Melsungen AG, Stryker Corporation, Ecolab Inc., Angiodynamics, Inc., Cardinal Health, Inc., Olympus Corporation, Smiths Group PLC, Zimmer Biomet Holdings, Inc., Karl Storz GmbH & Co. Kg, and many more.

Fluid Management Systems Market: Segmentation

  By Product Type

  • Fluid Management System
    • Standalone Fluid Management System
      • Dialyzers
      • Insufflators
      • Suction/Evacuation And Irrigation Systems
      • Fluid Waste Management Systems
      • Fluid Warming Systems
      • Other Standalone Fluid Management System
    • Integrated Fluid Management System
  • Fluid Management Disposables and Accessories

By Application

  • Urology
  • Gastroenterology
  • Laparoscopy
  • Gynaecology/Obstetrics
  • Arthroscopy
  • Cardiology
  • Neurology
  • Dentistry
  • Others

By End-User

  • Hospitals
  • Ambulatory Surgical Centres
  • Healthcare Facilities
  • Dialysis Centres
  • Others

By Regions

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • The Middle East
  • Africa

Frequently Asked Questions (FAQs)

The rise in the number of surgeries and continuous technological advancements in the medical sector, growing healthcare infrastructure in the developing markets are the key factors expected to drive Fluid Management Systems Market during the forecast period.
Baxter International Inc., Braun Melsungen AG, Stryker Corporation, Ecolab Inc., Angiodynamics, Inc., Cardinal Health, Inc., Olympus Corporation, Smiths Group PLC, Zimmer Biomet Holdings, Inc., Karl Storz GmbH & Co. Kg are the top players in Fluid Management Systems Market.
North America is expected to hold the highest market share in Fluid Management Systems Market.
Hospitals End User Segment is expected to be the leading segment in Fluid Management Systems Market during the forecast period.
Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available at all times and included in every purchase.
We will send you an email with login credentials to access the report. You will also be able to download the pdf.
Basically, choose Pay by Purchase Order when you are checking out. We will connect with you via email to set up your order.