Europe Fluid Management Systems and Accessories Market By Product Type (Fluid Management Systems - Standalone Systems, Integrated Systems Supply; Fluid Management Accessories - Catheter, Bloodlines, Tubing Sets, Pressure Monitoring Lines, Pressure Transducers, Valves, Connectors, and Fittings, Suction Canisters, Cannulas), Application (Urology, Gastroenterology, Laparoscopy, Gynecology/Obstetrics, Bronchoscopy, Arthroscopy, Cardiology, Neurology, Dentistry & Otoscopy)
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Market Report Description
The Europe Fluid Management Systems and Accessories market size would grow at a growth rate of 5.3% 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 fluid management system, and governmental involvement in the form of funds and grants, worldwide for endosurgical procedures are driving the market.
The growing number of aging and chronically ill population, increasing number of minimally invasive surgeries, growth in the number of dialysis centers, rising usage of single-use disposable accessories, and advancements in technologies are major factors that are driving the market.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, Europe Fluid Management Systems & Accessories market is segmented into Germany, UK, France, Russia, Spain, Italy and Rest of Europe.
Germany remained the dominant region in the Europe Fluid Management Systems & Accessories market in 2015. UK and France 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.