Fluid Management Systems Market
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<strong>Fluid</strong> <strong>Management</strong> <strong>Systems</strong> <strong>Market</strong> Industry Analysis, Size, Share, Growth,<br />
Trends, And Forecasts (2016–2021)<br />
The Global <strong>Fluid</strong> <strong>Management</strong> <strong>Systems</strong> <strong>Market</strong> was worth USD 9.39 billion in 2016 and<br />
estimated to be growing at a CAGR of 5.8%, to reach USD 12.47 billion by 2021. <strong>Fluid</strong><br />
management is a critical part of every diagnostic and angiographic procedure. It minimizes<br />
the programming and installation costs. Entire workflow of fluid management system is<br />
automated, safe, digitized and online. The credit of the rising interest on the fluid<br />
management devices market could be given to an expansion in the quantity of social<br />
healthcare service providers.<br />
Some of the major drivers of the market are- increase in the demand for minimally invasive<br />
procedures, introduction of novel fluid management system, increased government funding<br />
for healthcare, growing healthcare infrastructure. There has been a rise in the disposable<br />
incomes which leads to the growth of the healthcare industry. Lack of skilled labour and the<br />
high cost of surgical procedures are some restraints of the market.<br />
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In this report the market is segmented on the basis of product and application. Based on<br />
product type, the market is segmented into fluid management system and fluid<br />
management disposables & accessories. The fluid management systems market accounted<br />
for the largest share of the global market in 2016 and covers integrated and standalone fluid<br />
management system.<br />
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Within the fluid management systems market, the standalone fluid management systems<br />
segment accounted the largest share of the fluid management systems market. Standalone<br />
fluid management systems are less expensive as compared to integrated systems. On the<br />
basis of applications, the market is categorized into urology, gastroenterology, laparoscopy,<br />
gynecology/ obstetrics, bronchoscopy, arthroscopy, cardiology, neurology, otoscopy,<br />
dentistry and anesthesiology. On the basis of geography, the global market is analysed<br />
under various regions namely North America, Europe, Asia-Pacific, Latin America and<br />
Middle East and Africa. North America accounted for the largest share of the market<br />
followed by Europe. Asia-Pacific is expected to register a high CAGR over the forecast<br />
period.<br />
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Leading players in this market are Fresenius Medical Care AG & Co. KGaA (Germany),<br />
Baxter International, Inc. (U.S.), B. Braun Melsungen AG (Germany), Ecolab, Inc. (U.S.),<br />
Zimmer Biomet Holdings Inc. (U.S.) and Cardinal Health, Inc. (U.S.).
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