Fluid Management Equipment Market Expected to Reach USD 17.66...

Fluid Management Equipment Market Expected to Reach USD 17.66 Billion By 2027

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Posted 2024-01-24 07:05:09

Market Overview

Compound Annual Growth Rate (CAGR): 5.8% Period: 2018-2027 Source: Reports and Data

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Study Period: 2016-2027
Base Year: 2018
CAGR: 5.8%

Fluid Management Equipment Market Companies

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Market Summary The global Fluid Management Equipment market is anticipated to reach USD 17.66 Billion by 2027, as per a recent report from Reports and Data. The significance of fluids in healthcare, essential for normal organ functioning, drives demand for fluid management, contributing to sector growth.

Patient Care and Fluid Management Inpatient medical settings highlight the critical role of fluid management in patient care. Distinguishing between fluid replacement and maintenance fluids becomes crucial. Factors such as healthcare sector expansion and the increasing incidence of chronic diseases support sector growth. However, factors like heightened market competition and a preference for streamlined equipment pose potential challenges.

Regional Dominance North America dominates the industry, attributed to a well-established healthcare sector and a high incidence rate of chronic conditions, particularly cancer, driving demand for fluid management equipment.

Get a sample copy of the Fluid Management Equipment Market report: https://www.reportsanddata.com/download-free-sample/2765

Key Report Coverage

Region and country-wise statistics from 2016-2027, with 2018 as the base year.
Market size estimation, historical and forecasted trend analysis.
Analysis of alternative types and their individual market shares.
Regulatory framework overview for each region.
Upcoming research and application outlook by region.
Ongoing developments status.
Fluid Management Equipment prevalence mapping by region.
Demand and Supply GAP analysis.
Regional competitors' pricing strategy.
Market share analysis of top industry players.
Strategic recommendations for new entrants.
Market trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).
Strategic recommendations in key business segments based on market estimations.
Competitive landscape mapping key common trends.
Company profiling with detailed strategies, financials, and recent developments.

Salient Trends of the Fluid Management Equipment Market

The market is forecasted to grow at a rate of 5.8% during the period, reaching USD 66 Billion in 2027.
Market growth is supported by initiatives like new product launches, such as Serres Saga® in surgical fluid management.
Increasing occurrence of chronic conditions, especially in oncology, contributes to market growth.

Companies Considered and Profiled Stryker, Smiths Medical, Olympus, Fresenius Medical Care, CONMED, B. Braun Melsungen AG, Baxter International Inc., Ecolab Inc., Smiths Group PLC, and Serres.

Market-O-Nomics

Market valuation was USD 10.60 Billion in 2018, with a forecasted growth rate of 5.8%.
Infusion Therapy products segment leads with over 50.0% market share in 2018, growing at a rate of 5.8%.
Oncology segment projects the fastest growth rate of 6.7% by 2027.
Diagnostic centers segment to witness a growth rate of 6.8% by 2027.
North America holds the largest market share of over 25.0% in 2018, growing at a rate of 5.9%.

Segments Covered in the Report This report segments the global Fluid Management Equipment market by Product Type, Application, End-user, and Region.

Product Type Outlook (Revenue, USD Billion; 2016-2027)

Infusion therapy products
Endoscopic fluid management products
Renal fluid management product

Application Outlook (Revenue, USD Billion; 2016-2027)

Cardiology
Urology
Neurology
Orthopedic/Osteology
Gastroenterology
Oncology
Others

End-user Outlook (Revenue, USD Billion; 2016-2027)

Hospital
Clinics
Diagnostic centers
Home care settings
Others

Regional Outlook (Revenue, USD Billion; 2016-2027)

North America (U.S)
Europe (U.K, France)
Asia Pacific (China, India, Japan)
MEA
Latin America (Brazil)

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