Fluid Management System Market Size, Share, By Product Type (Fluid Management Disposables & Accessories and Standalone Fluid Management System), By Application (Gastroenterology, Dentistry, Gynecology, Urology, Cardiology, Laparoscopy, and Neurology), By End Users (Hospitals, Research Laboratories & Centers, and Diagnostic Centers), and By Region - Trends, Analysis, and Forecast till 2034

Report Code: PMI11518 | Publish Date: March 2024 | No. of Pages: 172

Global Fluid Management System Market Overview

Fluid Management System Market Size was valued at USD 12.7 Billion in 2024 and is expected to reach USD 39 Billion by 2034 growing at a CAGR of 13.6%

Fluid management systems are an aid to maintain body fluid content and avoid any kind of complications linked to the adverse level of body fluids.  This is system is used while treatment of life-threatening conditions such as final stage renal failure. Moreover, it allows secure control of blood, blood plasma and other fluids existing or entering during any medical procedure. This system scrutinizes fluid irrigation, fluid filtration, fluid warming, and fluid monitoring.

A major factor influencing the fluid management system market is rising incidence rate of chronic diseases such as diabetes, kidney disorders & transplantation and renal failures as well as continuous launches of dialyzers in the market. For instance, as per the Global Burden of Disease Study, kidney disorders are the 12th most common cause of death and affected around 1.1 million people across the world in 2015. Therefore, strategic moves by market players will propel the global fluid management systems market growth during the forecast period.  In addition to this, increasing minimally invasive surgical procedure across the world will lead to adopting fluid management systems as it helps to manage fluid levels in the body. Growing healthcare infrastructure also will have a positive impact on the global market within the forecast period.  Increasing disposable income will raise expenditure towards the healthcare sector and robust technologies. An increase in the use of medical disposable devices is also a prominent shift in trend projected to gain more share value within the forecast period. Nevertheless, huge procedure cost and lack of skilled people are some major restrain on the global market of the fluid management system.

Global Fluid Management System Market Dynamics

Key Drivers of Target Market:

Growing demand for minimally invasive surgeries

  • The growth in demand for MIS procedures is increasing because of their associated advantages of smaller incisions, faster recovery times, and less pain to the patients. Fluid management systems are significantly contributed to MIS through blood and irrigation fluids management, which helps to maintain a clear field for surgery.

Rising investments in endoscopy and laparoscopy facilities

  • This changing trend, wherein more and more hospitals and clinics are developing endoscopy and laparoscopy facilities, would continue fueling fluid management systems.

Restrains:

Stringent regulatory requirements

  • Product development and commercialization in the fluid management systems market are controlled by various stringent regulatory requirements that would delay product launches and increase costs.

Opportunities:

Emerging markets

  • The rapidly developing markets, such as China, India, and Brazil, are projected to offer immense growth opportunity for the fluid management system market. These nations house the world's fastest-growing middle class population, aging populations, and high expenditure on healthcare.

Global Fluid Management System Market Segmentation

The market is segmented based on product type, by application, end-user, and region.

Product type Insights:

  • Fluid Management Disposables & Accessories: These are single-use products and supplementary tools used in fluid management systems. These design disposables help ensure hygiene and prevent cross-contamination after each use. Examples: Catheters, tubing, drainage bags, suction canisters, irrigation sets, connectors.
  • Fluid Management System: These are standalone systems for the management of body fluids during a medical process. They can have both hardware and software components to regulate the flow and volume of fluids. Examples include fluid waste management, irrigation pumps, suction regulators, and fluid warming.

Application Insight:

  • Gastroenterology: Medical specialty related to the digestive system and its disorders. Fluid management in such procedures is very important, for example, in endoscopy or colonoscopy; irrigation during endoscopic procedures; suction of fluids; management of gastrointestinal bleeding.
  • Dentistry: This is a branch of medicine concerned with the teeth, jaws, and oral cavity health. Fluid management is important in procedures involving saliva, blood, irrigation solutions. Saliva ejectors, irrigation during dental procedures, suction systems for oral surgeries.
  • Gynecology: This is a branch of medicine related to maintaining the health of a female's reproductive system. Fluid management is very important, from diagnostic to therapeutic procedures. Hysteroscopy fluid management, suction of fluid during surgical procedures, and irrigation systems.
  • Urology: It is the medical specialty that deals with the urinary tracts of both sexes, as well as with the male reproductive system. Extensive use of fluid management in diagnostic and surgical procedures: cystoscopy irrigation, management of urinary incontinence, fluid drainage during urological surgeries.
  • Cardiology: This is the department of medicine that deals with disorders of the heart and vessels. Fluid management is of prime importance during cardiac surgeries and catheterization procedures. Management of pericardial effusions, irrigation during cardiac catheterization, and fluid suction during open heart surgeries.
  • Laparoscopy: This is a minimally invasive abdominal or pelvic surgical procedure performed with small incisions with the aid of a camera. Effective fluid management is important to maintain visibility and manage bodily fluids: insufflation with carbon dioxide, suction-irrigation systems, and fluid evacuation during laparoscopic surgeries.
  • Neurology: The branch of medicine that deals with disorders of the nervous system. Fluid management is critical in brain and spinal cord surgeries. Management of cerebrospinal fluid, irrigation in neurosurgical procedures, suction systems for controlling bleeding.

End-Users Insights:

  • Hospitals: Large Institutes providing services in healthcare. They have wide applications across multiple departments in a fluid management system. They are used in Emergency rooms, operating theatres, intensive care units and specialty departments like gastro-enterology and urology.
  • Research Labs & Centers: These are facilities for medical research and development. Fluid management systems find use in laboratories during experimental processes and clinical trials, like experimental surgeries, the development of new medical devices, and in vitro studies involving fluid dynamics.
  • Diagnostic Centers: Centers that exclusively deal with diagnostic services. Fluid management systems assist in conducting diagnosis procedures. They are used during imaging procedures that require contrast fluid, endoscopic diagnostics, and other minimally invasive diagnostic procedures.

Regional Insights

  • North America:  The advanced health infrastructure, high expenditure on healthcare, and a large number of hospitals and diagnostic centers characterize this region. This region is also defined by the leading manufacturers of medical devices, along with a robust regulatory framework.
  • Europe: Europe has a very established healthcare system, wherein the focus lies with quality and patient safety. This region is widely recognized for its strict regulatory standards and to actually invest in research and development in health and healthcare.
  • Asia-Pacific: In this region, there are highly developed and developing healthcare systems. Fast economic growth, the rising expenditure on health care, and the improving health infrastructure drive the market of this region. Another factor is the rise in demand for advanced medical devices and technologies.
  • Latin America: The Latin American region is experiencing an increasing trend of investment in healthcare and the establishment of infrastructures. Increasing awareness toward better and more quality healthcare services is fueling demand toward advanced medical devices and fluid management systems.
  • Middle East & Africa: A very heterogeneous region in terms of its countries' healthcare systems, some having very advanced healthcare infrastructure and others still developing. Large investments are being pumped into healthcare infrastructure and services, especially in the GCC countries.

Fluid Management System Market Report Scope:

Attribute

Details

Market Size 2024

USD 12.7 Billion

Projected Market Size 2034

USD 39 Billion

CAGR Growth Rate

13.6%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product Type- Fluid Management Disposables & Accessories and Standalone Fluid Management System

By Application- Gastroenterology, Dentistry, Gynecology, Urology, Cardiology, Laparoscopy, and Neurology

By End Users- Hospitals, Research Laboratories & Centers, and Diagnostic Centers

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on product type, application, end-user, and region.

Segmentation:

By Product type:

  • Fluid Management Disposables & Accessories
  • Standalone Fluid Management System

By Application:

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

By End-User:

  • Hospitals
  • Research Laboratories & Centers
  • Diagnostic Centers

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Fluid Management System Market Key Players

The key players operating the Fluid Management System Market include Fresenius Medical Care AG & Co., B. Braun Melsungen AG, Merck KGaA, Baxter International Inc., Olympus Corporation, Stryker Corporation, Cardinal Health, Inc., AngioDynamics, Inc., Ecolab Inc., Smiths Medical, Zimmer Biomet Holdings Inc., and KARL STORZ GmbH & Co. KG.

Global Fluid Management System Market Key Issues Addressed

  • In April 2022, Transit Scientific announced that the FDA has cleared its XO Cross Support catheter platform for coronary use: a platform guiding and supporting the access of the guidewire to the peripheral or coronary vasculature, wire exchange, and guiding delivery of saline or diagnostic contrast agents.
  • In February 2022, Medtronic plc announced that the Freezor and Freezor Xtra Cardiac Cryoablation Focal Catheters were the only ablation catheters cleared by the United States Food and Drug Administration to treat the growing prevalence of pediatric Atrioventricular Nodal Reentrant Tachycardia.

Global Fluid Management System Market Company Profile

  • Fresenius Medical Care AG & Co.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • B. Braun Melsungen AG
  • Merck KGaA
  • Baxter International Inc.
  • Olympus Corporation
  • Stryker Corporation
  • Cardinal Health, Inc.
  • AngioDynamics, Inc.
  • Ecolab Inc.
  • Smiths Medical
  • Zimmer Biomet Holdings Inc.
  • KARL STORZ GmbH & Co. KG

“*” marked represents similar segmentation in other categories in the respective section.

Global Fluid Management System Market Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product type
    • Market Snippet, By Application
    • Market Snippet, By End-user
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, Product type, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Fluid Management Disposables & Accessories
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Standalone Fluid Management System
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Application, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Gastroenterology
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Dentistry
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Gynecology
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Urology
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Cardiology
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Laparoscopy
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Neurology
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, End-User, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hospital
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Research Laboratories & Centers
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Diagnostic Centers
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (USD Bn), By Product type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (USD Bn), By Product type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (USD Bn), By Product type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (USD Bn), By Product type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (USD Bn), By Product type, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • Fresenius Medical Care AG & Co.
  • B. Braun Melsungen AG
  • Merck KGaA
  • Baxter International Inc.
  • Olympus Corporation
  • Stryker Corporation
  • Cardinal Health, Inc.
  • AngioDynamics, Inc.
  • Ecolab Inc.
  • Smiths Medical
  • Zimmer Biomet Holdings Inc.
  • KARL STORZ GmbH & Co. KG
  • Karl Storz GmbH & Co. KG.

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Fluid Management System Market Size was valued at USD 12.7 Billion in 2024 and is expected to reach USD 39.0 Billion by 2034, growing at a CAGR of 13.6%

The Fluid Management System Market is segmented into product type, by application, end-user, and region.

Factors driving the market include growing demand for minimally invasive surgeries and rising investments in endoscopy and laparoscopy facilities.

The Fluid Management System Market's restraints include stringent regulatory requirements.

The Fluid Management System Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Fluid Management System Market include Fresenius Medical Care AG & Co., B. Braun Melsungen AG, Merck KGaA, Baxter International Inc., Olympus Corporation, Stryker Corporation, Cardinal Health, Inc., AngioDynamics, Inc., Ecolab Inc., Smiths Medical, Zimmer Biomet Holdings Inc., and KARL STORZ GmbH & Co. KG.