Fluid Management Systems Market worth $12.47 Billion by 2021
Fluid Management Systems Market report categories the Global market by Application (Gastroenterology, Urology, Laparoscopy, Gynecology), Product, Disposables and Accessories & Geography
(EMAILWIRE.COM, August 09, 2018 ) The report "Fluid Management Systems Market by Product (Dialyzers, Insufflators, Fluid Warming systems, Pressure Transducers, Suction Canister), Disposables and Accessories, & Application (Urology, Laparoscopy, Gastroenterology, Gynecology) - Forecast to 2021", The fluid management systems and accessories market is projected to reach USD 12.47 Billion by 2021 from USD 9.39 Billion in 2016, at a CAGR of 5.8% during the forecast period.
Browse 121 market data tables and 36 figures spread through 208 pages and in-depth TOC on “Fluid Management Systems Market".
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In this report the global market is segmented on the basis of product and application. 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. On the basis of applications, the market is categorized into urology, gastroenterology, laparoscopy, gynecology/ obstetrics, bronchoscopy, arthroscopy, cardiology, neurology, otoscopy, dentistry and anesthesiology.
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.
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.
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