The Business Research Company’s report on the Fluid Management Systems Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
Which emerging drivers are set to accelerate the growth of the fluid management systems market further?
The increase in the number of minimally invasive surgeries is expected to propel the growth of the fluid management systems market going forward. Minimally invasive surgery is a surgical procedure performed with small incisions or no incisions, often using specialized tools like robotic systems for precision and faster recovery. The increase in the number of minimally invasive surgeries can be attributed to factors such as faster recovery times, reduced hospital stays, increased awareness, and better outcomes, all of which contribute to their growing popularity and demand. Fluid management systems play a crucial role in minimally invasive surgeries by ensuring precise control, suction, irrigation, and visualization of surgical sites, maintaining clear operative fields, minimizing blood loss, and enhancing patient safety and procedural efficiency. For instance, in May 2023, according to the Royal Australasian College of Surgeons (RACS), an Australia-based professional association and educational body, the number of procedures performed on da Vinci platforms increased by 12%, rising from 17,852 in 2021 to 19,989 in 2022. Therefore, the increase in the number of minimally invasive surgeries is driving the growth of the fluid management systems market.
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What are the key factors influencing the forecasted market size of the fluid management systems industry?
The fluid management systems market size has grown rapidly in recent years. It will grow from $14.09 billion in 2024 to $16.45 billion in 2025 at a compound annual growth rate (CAGR) of 16.8%. The growth in the historic period can be attributed to the rising burden of chronic diseases, increasing geriatric population, growing patient population, rising disposable income, and increased prevalence of illnesses.
The fluid management systems market size is expected to see rapid growth in the next few years. It will grow to $30.44 billion in 2029 at a compound annual growth rate (CAGR) of 16.6%. The growth in the forecast period can be attributed to an increase in the number of minimally invasive surgeries, an increase in government funds, a rising number of hospitals, increasing ESRD patients, and rising healthcare expenditure. Major trends in the forecast period include technological advancements, increasing public and private initiatives, increasing product launches, a rise in the use of disposable devices, and advancements in fluid management technologies.
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Who are the leading competitors in the fluid management systems market?
Major companies operating in the fluid management systems market are Cardinal Health Inc., Johnson & Johnson Services Inc., Medtronic plc, Fujifilm Holdings Corporation, Fresenius Medical Care AG & Co. KGaA, Becton Dickinson and Company, Stryker Corporation, Baxter International Inc., Ecolab Inc., Emerson Electric Co., B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Olympus Corporation, Hologic Inc., Arthrex Inc., Graco Inc., Merit Medical Systems Inc., CONMED Corporation, Richard Wolf GmbH, AngioDynamics Inc.
Which emerging trends are set to transform the fluid management systems market landscape?
Major companies operating in the fluid management systems market are developing new innovative technologies, such as jetting highly viscous fluids to improve precision, efficiency, and versatility in various medical and industrial applications. Jetting highly viscous fluids refers to the process of using high-pressure equipment to expel thick, sticky, or dense fluids through a nozzle or opening with controlled precision. For instance, in November 2024, Megnajet Ltd., a UK-based fluid systems solutions provider, launched the OmniFlo fluid management system, specifically designed to address the challenges of jetting highly viscous fluids and those with high particle loading. This design ensures consistent and reliable fluid conditioning across various applications, including scanning, single-pass, and multi-axis inkjet technologies, allowing for better performance with complex fluids.
How do different geographies compare in terms of market share and growth potential in the fluid management systems market?
North America was the largest region in the fluid management systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fluid management systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Which major segments of the fluid management systems market are experiencing the fastest growth?
The fluid management systems market covered in this report is segmented –
1) By Product: Fluid Management Systems, Disposables And Consumables
2) By Application: Arthroscopy, Laparoscopy, Urology And Nephrology, Cardiology, Gynecology Or Obstetrics, Gastroenterology, Other Applications
3) By End-Users: Hospitals, Dialysis Centers, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Fluid Management Systems: Standalone Fluid Management Systems, Integrated Fluid Management Systems, Suction And Irrigation Systems, Fluid Waste Management Systems, Dialysis Fluid Management Systems
2) By Disposables And Consumables: Tubing Sets And Connectors, Suction Canisters And Liners, Drainage Bags And Catheters, Blood And IV Fluid Bags, Irrigation Fluids And Solutions
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How is the fluid management systems market defined?
Fluid management systems are integrated solutions designed to monitor, control, and optimize the flow, pressure, and distribution of fluids within various industries, such as healthcare, manufacturing, and agriculture. These systems ensure efficient use of resources and maintain operational safety, precision, and reliability.
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