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The Asia Pacific Fluid Management Systems and Accessories market size is anticipated to experience a growth rate of 8.0% CAGR during the forecast period.
A fluid management system is used to balance body fluid in order to prevent complications associated with undesired levels of fluid in the body. Additionally, today is also used in diagnosis of critical medical conditions relatively early. Fluid management systems perform functions such as fluid irrigation, fluid warming, fluid filtration, fluid deficit monitoring, and others.
Factors such as increasing number of minimally invasive surgeries, technological advancements in the fluid management system, and governmental involvement in the form of funds and grants, worldwide for endosurgical procedures are driving the market.Asia-Pacific would be the fastest-growing region owing to factors such as the rising geriatric population, growing awareness about minimally invasive endosurgeries, rapid rise in the number of people suffering from kidney disorders, growth in per capita income, increasing investments in the healthcare industry by key market players, rising demand for cutting-edge technologies in endosurgeries, and expansion of private hospitals in the rural areas.
Based on Product, the market is segmented into Fluid Management Systems and Fluid Management Accessories. Fluid Management Systems is segmented into Standalone Systems and Integrated Systems. Standalone Systems is further divided into Dialyzers, Insufflators, Suction/Evacuation & Irrigation Systems, Fluid Waste Management Systems, Fluid Warming Systems, and Others.
Fluid Management Accessories is further divided into Catheters, Bloodlines, Tubing Sets, Pressure Monitoring Lines, Pressure Transducer, Valves, Connectors, and Fittings, Suction Canisters, Cannulas, and Other Fluid Management Accessories. Based on Application, the market is segmented into Urology, Gastroenterology, Laparoscopy, Gynecology/Obstetrics, Bronchoscopy, Arthroscopy, Cardiology, Neurology, Dentistry & Otoscopy, and Others.Based on country, Asia-Pacific Fluid Management Systems & Accessories market is segmented into China, Japan, India, South Korea, Singapore, Malaysia and Rest of Asia-Pacific.
China remained the dominant region in the Asia-Pacific Fluid Management Systems & Accessories market in 2015. Japan and India would witness promising CAGR during the forecast period (2016-2022).The report covers the analysis of key stake holders of the Fluid Management Systems & Accessories market. Key companies profiled in the report include Fresenius Medical Care, Stryker Corporation, Olympus Corporation, B. Braun, Smiths Group Plc., Baxter International Inc., Ecolab and AngioDynamics Inc.