Fluid Management System Market Size Worth $23.2 Billion By 2028 | CAGR: 13.3%

The global fluid management system market size is expected to reach USD 23.2 billion by 2028 according to a new study by Polaris Market Research.

Download Sample Copy of the Report to Understand the Structure of the Complete Report (Including Full TOC, Table & Figures) @ https://www.polarismarketresearch.com/industry-analysis/fluid-management-systems-market/request-for-sample

The growing geriatric population, increasing occurrence of chronic diseases, and greater need for patient safety drive the market growth. Increasing demand for minimally invasive surgeries, improving healthcare infrastructure, and growing use of single-use disposable devices further support the market growth. Technological advancements, supportive government regulation, and rising investments in research and development of advanced medical equipment, and growing demand from developing economies are some factors expected to offer growth opportunities during the forecast period.

The different applications of fluid management systems include cardiology, neurology, dentistry, urology, gastroenterology, anesthesiology, gynecology, laparoscopy, and others. The urology segment dominated the global market for fluid management system in 2020. The fluid management system provides on-demand fluid warming and real-time fluid deficit monitoring throughout the procedure. Increasing demand for dialysis procedures and rising use in hospitals boost the growth of this segment.

Browse Full Report Here @ https://www.polarismarketresearch.com/industry-analysis/fluid-management-systems-market

The different products included in the report include standalone fluid management systems, integrated fluid management systems, and fluid management disposables and accessories. There has been a high demand for standalone fluid management systems. The increasing occurrence of chronic diseases coupled with initiatives to deliver effective healthcare services drives the market growth. Increasing demand for insufflators, fluid warming systems and dialyzers, medical insurance, and the development of advanced healthcare infrastructure boosts the market growth.

The management systems are used in diagnostic centers, hospitals, clinics, ambulatory surgery centers, and others. The hospital segment accounted for the highest share in 2020. The increasing occurrence of cancer and cardiovascular diseases coupled with government initiatives to offer advanced healthcare services to citizens supports the growth of this segment.

North America dominated the global market for fluid management system in 2020 and is expected to maintain its dominance over the forecast period. High living standards, established healthcare infrastructure, and increasing occurrence of cancer support market growth in this region. However, Asia-Pacific is expected to exhibit significant growth during the forecast period.

Increasing population coupled with increasing awareness regarding minimally invasive surgeries fuels growth in this region. Leading global players are expanding their presence in developing nations of China, Japan, India, and South Korea to tap the growth opportunities offered by these countries. Owing to technological advancements, and the greater need to cater to customer requirements, companies are collaborating in order to strengthen the market presence and gain market share. Broadening of the product portfolio is another trend that is visible in the industry.

Some of the major market participants include Cardinal Health, Inc., Stryker Corporation, Karl Storz GmbH & Co. Kg, Zimmer Biomet Holdings, Inc., Baxter International Inc., Becton, Dickinson and Company, Angiodynamics, Inc., Hologic, Inc., Ecolab Inc., Olympus Corporation, Medtronic PLC, Fresenius Medical Care AG & Co. KGaA, B. Braun Melsungen AG, Johnson & Johnson, and Smiths Group PLC.

Fluid Management System Product Outlook (Revenue, USD Million, 2016 - 2028)

• Standalone Management Systems
• Integrated Management Systems
• Fluid Management Disposables and Accessories

Fluid Management System Application Outlook (Revenue, USD Million, 2016 - 2028)

• Cardiology
• Neurology
• Dentistry
• Urology
• Gastroenterology
• Anesthesiology
• Gynecology
• Laparoscopy
• Others

Fluid Management System End-User Outlook (Revenue, USD Million, 2016 - 2028)

• Diagnostic Centers
• Hospitals
• Clinics
• Ambulatory Surgery Centers
• Others

Get Enquiry About This Comprehensive Report: https://www.polarismarketresearch.com/industry-analysis/fluid-management-systems-market/inquire-before-buying

Customization of the Report:

We are grateful to you for reading our report. If you wish to find more details of the report or want customization, contact us. You can get a detail of the entire research here. If you have any special requirements, please let us know and we will offer you the report as you want.

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.

Contact Us:

Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

This release was published on openPR.