Fluid Management Equipment Market Growing a Remarkable CAGR of 6% by 2029, Key Drivers, Demand and Opportunity Analysis

The large scale  Fluid Management Equipment Market research report is extensive as well as object-oriented which has been formulated with the nice combination of an admirable industry experience, talent solutions, industry insight and most modern tools and technology. The report has been produced by taking into account the market type, size of the organization, accessibility on-premises and the end-users' organization type, and availability at global level in areas such as North America, South America, Europe, Asia-Pacific, Middle East and Africa. The credible Fluid Management Equipment Market report gives precise information about market trends, industrial changes, and consumer behaviour etc.

Fluid Management Equipment Market document helps disclose ambiguities that may happen due to changes in business activities or entry of a new product in the market. Under market definition topic of this report, market drivers which indicate the factors causing rise in the market growth and market restraints which indicate the factors causing fall in the market growth have been explored. The report also showcases important product developments and tracks recent acquisitions, mergers and research in the Healthcare industry by the key players of the market. Global Fluid Management Equipment Marketing report not only works to compete but also to outshine the competition.

Data Bridge Market Research analyses that the fluid management equipment market which was USD 12.42 billion in 2021, is expected to reach USD 19.8 billion by 2029, at a CAGR of 6% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Fluid management equipment is an essential component of any hospitalised patient's care, which can be addressed with fluid management equipment such as infusion therapy products. Fluids can be delivered directly to the vascular system via alternative routes of administration such as intravenous access. Fluid management is an important part of junior doctor prescribing, whether working on a surgical firm with a nil-by-mouth patient or on a care of the elderly firm with a dehydrated patient.

Global Fluid Management Equipment Market Dynamics

Drivers

Growing prevalence of cardiovascular diseases to drive the demand

The growing prevalence of cardiovascular diseases around the world is the primary driver of the market. For instance, according to a report published by the Centers for Disease Control and Prevention (CDC) in 2021, more than 795,000 people in the United States suffer from stroke each year. One in every 610,000 people suffers from a stroke for the first time. Ischemic strokes account for approximately 87.0% of all strokes. Similarly, according to a report published by the Government of the United Kingdom in 2021, approximately 210,800 men were offered screening for aortic aneurysms, with approximately 1,542 aneurysms detected among them and approximately 848 men with large aneurysms referred for surgery. This factor propel the growth of the market.

Rise in number of dialysis centers across the world will push the growth

Globally, the number of dialysis centres is growing. During the forecast period, this is expected to drive the fluid management equipment market. According to the Centers for Medicare and Medicaid Services, there were 5,698 dialysis centres in the United States in 2010, up from 4,789 in 2005. Furthermore, emerging-market governments are establishing new dialysis centres and improving existing dialysis centres.

Recent developments

In April 2022, Transit Scientific announced the FDA clearance of its XO Cross Support catheter platform for coronary use. The platform is intended to guide and support the guidewire during access to the peripheral or coronary vasculature, to allow wire exchange, and to provide guidance for saline or diagnostic contrast agent administration.
In February 2022, Medtronic plc announced that the Freezor and Freezor Xtra Cardiac Cryoablation Focal Catheters were the first and only ablation catheters approved by the FDA to treat the growing prevalence of paediatric Atrioventricular Nodal Reentrant Tachycardia (AVNRT).

Some of the major players operating in the fluid management equipment market are:

Stryker (U.S.)
ICU Medical, Inc. (U.S.)
Olympus Corporation (Japan)
Fresenius Medical Care AG & Co. kGaA (Germany)
CONMED (U.S.)
B.Braun SE (Germany)
Baxter (U.S.)
Ecolab (U.S.)
F. Hoffmann-La Roche Ltd (Switzerland)
Medtronic (Ireland)
BD (U.S.)
ALCOR Scientific (U.S.)
AngioDynamics (U.S.)
Cardinal Health (U.S.)
Smiths Group plc (U.K.)
Zimmer Biomet (U.S.)
KARL STORZ (Germany)
Richard Wolf GmbH (Germany)
Pfizer Inc. (U.S.)

Global Fluid Management Equipment Market Scope

The fluid management equipment market is segmented on the basis of product, application, end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

Infusion Therapy Products
Endoscopic Fluid Management Products
Renal Fluid Management Products

 Application

Cardiology
Urology
Neurology
Orthopaedic/Osteology
Gastroenterology
Oncology
Others

End-Use

Hospitals
Clinics
Diagnostics Centres
Home Care Setting
Others

Some of the Most Important Questions Scrutinized in the Business Intelligence Report:

What are the key growth parameters for this global market during the forecast period?
Which key players are expected to hold the largest market share over the forecast period?
Who are the leading vendors and manufacturers in this  Fluid Management Equipment Market ?
What are the key strategies adopted by leading players in the market for business development and geographical expansion?
Which end-use industries can trigger high demand in the market over the forecast period?
What are the key segments in this market?
Which regional player will have anticipated leading the global market in terms of size?
What is the impact of the novel coronavirus pandemic?
Which obstacles must new players overcome in order to occupy a major position?

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