Albany, New York, June 1, 2018: The fluid management market is likely to grow at over 5% CAGR through 2025, according to a new research study added to the comprehensive repository of Market Research Reports Search Engine (MRRSE). According to the report, the market was valued at nearly US$ 40 Bn in 2016. The research study titled, “Fluid Management Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” is a source of comprehensive analysis and insights on the fluid management market.
According to the business intelligence study, the demand for fluid management products in the healthcare sector has been driven by a range of products, including but not limited to increasing prevalence for lifestyle diseases, and growing baby boomer population. The advent of new generation sensors and chip solutions has also led to advancement in the design and development of advanced fluid management products and solutions.
Although the report has a positive outlook on the fluid management market, challenges pertaining to compliance with evolving regulatory guidelines, combined with high cost of endoscopic minimally invasive surgeries can impede widespread adoption among end users.
In a bid to offer readers in-depth insights and analysis on the fluid management market, the research study has segmented the market on the basis of product, end-user, and application. By product type, the key segments include product, end-user, application, and end-user. The key product type segments profiled in the research study include infusion therapy products, endoscopic fluid management, and renal fluid management products. According to the research study, infusion therapy products accounted for a leading revenue share of the market. The demand for infusion therapy products is being driven by growing geriatric population, increasing spending on parenteral drug delivery systems, and growing demand for next-generation pumps.
The key application segments in the market include urology, oncology, cardiology, gastroenterology, neurology, and others. According to the research study, urology segment accounted for a leading revenue share of the market, whereas demand for cardiology products is expected to grow at a steady pace during the assessment period. Increasing consumer preference for minimally invasive cardiac surgeries and increasing prevalence of cardiac disorders is likely to provide an impetus to the growth of the market.
By end-users, the key segments include hospitals, dialysis centers, home care settings, clinics, and others. Among these, demand for fluid management systems from hospitals is likely to grow at a brisk pace during the assessment period.
The research study also profiles the leading companies operating in the market. Baxter, Medtronic, KGaA, Nikkiso, Co., Ltd., B. Braun Holding GmbH & Co. KG, Fresenius SE & Co. Boston Scientific Corporation, C.R. Bard, Inc., Olympus Corporation, Ecolab Inc., Animas Corporation, Asahi Kasei Medical Co. Ltd., Zimmer Biomet, BD, Smith & Nephew, Hospira, Inc., NIPRO Medical Corporation. Cardinal Health Inc., Stryker, Karl Storz GmbH, Richard Wolf GmBH, and Coloplast Group.
Browse Full Global Fluid Management Market Report with TOC : https://www.mrrse.com/fluid-management-market
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