Fluid Management Systems Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Market is Segmented by Product, Disposables and Accessories, Application (Arthroscopy, Laparoscopy, Neurology, Cardiology, Urology, Dental, Gastroenterology, and Other Applications), and Geography

Market Snapshot

CAGR
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 4.8 %

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Market Overview

The high adoption rate of advanced surgical procedures such as minimally invasive surgeries, the rising burden of chronic diseases and technological advancements are the key factors driving market growth. Minimally invasive techniques are becoming standard for surgical technique, at a very fast pace. In this, doctors use various methods to operate with minimal damage to the body as opposed to traditional open surgery. In general, minimally invasive surgery is associated with shorter hospital stays and fewer complications. The demand for this surgery is increasing due to a higher accuracy rate with relatively reduced pain, and infections. Thus, owing to the benefits associated with minimally invasive surgeries, the adoption rate is increasing, which may fuel the growth of the market over the forecast period.

Scope of the Report

Fluid management systems are used to balance body fluid in order to prevent complications associated with undesired levels of fluid in the body. The market is segmented by product, disposables and accessories, and application.

By Product
Dialyzers
Insufflators
Suction and Irrigation Systems
Fluid Warming Systems
Fluid Waste Management
Other Products
By Disposables and Accessories
Catheters
Bloodlines
Transducers
Valves
Tubing Sets
Other Disposables and Accessories
By Application
Arthroscopy
Laparoscopy
Neurology
Cardiology
Urology
Dental
Gastroenterology
Other Applications
By Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

The Dialyzers Segment is Expected to Show Better Growth during the Forecast Years

Based on Product, the market is segmented into Dialyzers, Insufflators, Suction and Irrigation Systems, Fluid Warming Systems, Fluid Waste Management, and Others. The growth of the dialyzers segment is mainly attributed to the rising burden of chronic kidney disease (CKD). Diabetes and high blood pressure are considered major causes of CKD in adults. According to the International Diabetes Federation, approximately 463 million adults (aged 20-79 years) are living with diabetes and by the year 2045, this number is expected to reach 700 million. The dialyzer is required to purify the blood of people suffering from severe kidney failure as wastes and extra water build up in the body and may cause other health problems. Hence, owing to the aforementioned factors, the segment is believed to witness rapid growth over the forecast period.

Fluid Management Systems Market 1

North America holds the Largest Share in the Market Studied

The North American region holds the largest share, due to the strong presence of device manufacturers, large patient population, advancement in technology, and growth in the number of dialysis centers. According to the Centers for Disease Control and Prevention (CDC), dialysis facilities in the United States increased from 5,958 to 6,871 between 2012 to 2016. Additionally, other factors such as a large number of patients undergoing cardiovascular surgeries, and increasing prevalence of gastroenterology and urological disorders are expected to propel the market growth in the forecast period.

Fluid Management Systems Market 3.png

Competitive Landscape

The market studied is moderately competitive and there are several global companies that are operating in this industry. The major players in the fluid management systems market are B. Braun Melsungen AG, Baxter International Inc., Becton, Dickinson and Company, Cardinal Health Inc., Hologic Inc., Johnson & Johnson, Medtronic PLC, Smiths Medical Inc., Smith & Nephew PLC, and Stryker Corporation.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Rise in the Number of Minimally-invasive Surgery Procedures

      2. 4.2.2 Rising Burden of Chronic Diseases

      3. 4.2.3 Technological Advancements

    3. 4.3 Market Restraints

      1. 4.3.1 Lack of Skilled Labor

      2. 4.3.2 Expensive Surgical Procedures

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product

      1. 5.1.1 Dialyzers

      2. 5.1.2 Insufflators

      3. 5.1.3 Suction and Irrigation Systems

      4. 5.1.4 Fluid Warming Systems

      5. 5.1.5 Fluid Waste Management

      6. 5.1.6 Other Products

    2. 5.2 By Disposables and Accessories

      1. 5.2.1 Catheters

      2. 5.2.2 Bloodlines

      3. 5.2.3 Transducers

      4. 5.2.4 Valves

      5. 5.2.5 Tubing Sets

      6. 5.2.6 Other Disposables and Accessories

    3. 5.3 By Application

      1. 5.3.1 Arthroscopy

      2. 5.3.2 Laparoscopy

      3. 5.3.3 Neurology

      4. 5.3.4 Cardiology

      5. 5.3.5 Urology

      6. 5.3.6 Dental

      7. 5.3.7 Gastroenterology

      8. 5.3.8 Other Applications

    4. 5.4 By Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

      2. 5.4.2 Europe

        1. 5.4.2.1 Germany

        2. 5.4.2.2 United Kingdom

        3. 5.4.2.3 France

        4. 5.4.2.4 Italy

        5. 5.4.2.5 Spain

        6. 5.4.2.6 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 China

        2. 5.4.3.2 Japan

        3. 5.4.3.3 India

        4. 5.4.3.4 Australia

        5. 5.4.3.5 South Korea

        6. 5.4.3.6 Rest of Asia-Pacific

      4. 5.4.4 Middle East & Africa

        1. 5.4.4.1 GCC

        2. 5.4.4.2 South Africa

        3. 5.4.4.3 Rest of Middle East & Africa

      5. 5.4.5 South America

        1. 5.4.5.1 Brazil

        2. 5.4.5.2 Argentina

        3. 5.4.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 B. Braun Melsungen AG

      2. 6.1.2 Baxter International Inc.

      3. 6.1.3 Becton, Dickinson and Company

      4. 6.1.4 Cardinal Health Inc.

      5. 6.1.5 Hologic Inc.

      6. 6.1.6 Johnson & Johnson

      7. 6.1.7 Medtronic PLC

      8. 6.1.8 Smiths Medical Inc.

      9. 6.1.9 Smith & Nephew PLC

      10. 6.1.10 Stryker Corporation

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies, and Recent Developments

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Frequently Asked Questions

The Global Fluid Management Systems Market market is studied from 2018 - 2026.

The Global Fluid Management Systems Market is growing at a CAGR of 4.8% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

B. Braun Melsungen AG, Baxter International Inc. , Medtronic PLC, Smith & Nephew plc, Stryker Corporation are the major companies operating in Global Fluid Management Systems Market.

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