Fluid
management systems are intended for maintaining body fluid
content and to avoid complications associated with undesirable levels
of body fluids. Moreover, this system is used for the treatment of
life-threatening medical conditions such as end stage renal failure.
The fluid management system allows safe control of blood plasma,
blood, and other body fluids entering or exiting during any
procedure. This system also performs other functions such as fluid
warming, fluid irrigation, fluid monitoring, and fluid filtration.
The
key factors influencing the fluid management system market trends are
rapid launches of dialyzers by manufacturers and increasing
incidences of chronic diseases, such as end stage renal disease, or
diabetes. Moreover, the fluid management system market growth is
propelled by strategic moves of market players to sustain or exceed
market competition.
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Fluid
Management System Market Dynamics
Increasing
product launches in dialysis segment of standalone fluid management
system is adding a wide range of product options in the market with
better systems for better treatment of kidney associated medical
conditions. For instance, in 2016, Baxter International Inc. launched
Theronova dialyzer with wider range of molecules which can be
filters, in Europe. Furthermore, in 2014 NxStage Medical, Inc., a
dialysis product manufacturer, received U.S. FDA approval for its
innovative hemodialysis product, System One. System One is intended
to perform hemodialysis overnight for the patients at home.
Fluid
management systems are also used in minimally invasive surgical
procedure to manage the fluid levels. Henceforth, increasing adoption
of minimally invasive surgical procedures are also expected to propel
the market growth over the forecast period. The fluid management
system market is expected to notice inevitable shift towards
disposable accessories owing to increasing adoption of disposable
accessories such as catheters, during the forecast period. The
awareness of disease spread by sharing of the accessories is expected
to enhance the adoption of disposable accessories used for fluid
management systems market.
Fluid
Management System Market - Regional Analysis
The
global fluid management system market is segmented into six regions
such as North America, Latin America, Europe, Asia Pacific, Middle
East, and Africa. North America fluid management system market holds
the dominant position in the global fluid management system market
over the forecast period. High market share of North America is
attributed to increasing product launches with advanced technology by
market players. For instance, in 2016 B. Braun’s Renal therapeutic
division, launched Xevonta, next generation dialyzer with high
performance for toxin clearance, in the U.S. market.
Fluid
Management System Market – Competitive Landscape
Major
players involved in fluid management system market are Fresenius
Medical Care AG & Co. KGaA, Baxter International Inc., B. Braun
Melsungen AG, and Olympus Corporation. Apart from major players, some
other players operating in the fluid management systems and
accessories market include Stryker Corporation, Ecolab Inc., Cardinal
Health, Inc., Smiths Medical, KARL STORZ GmbH & Co. KG, Zimmer
Biomet Holdings Inc., AngioDynamics, Inc., and Karl Storz GmbH &
Co. KG.
Fluid
Management System Market - Taxonomy
On
The Basis Of Product Type:
Standalone
Fluid Management System: Dialyzers, Fluid Waste Management
System, Fluid Warming System
Fluid
Management Disposables And Accessories: Catheters, Canisters,
Pressure Monitoring lines, Bloodlines, Pressure transducers
On
The Basis Of Application: Gastroenterology, Urology, Neurology,
Cardiology, Laparoscopy, Gynecology, Dentistry
On
The Basis Of End User: Hospitals, Diagnostic Centers, Research
Laboratories and Centers
On
The Basis Of Region: North America, Europe, Latin America, Asia
Pacific, Middle East, Africa
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