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The fluid management systems and accessories market is projected to reach USD 16.1 billion by 2025 from USD 8.5 billion in 2020, at a CAGR of 13.6% during the forecast period.
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Fluid Management Market Global Forecast to 2025 Fluid Management Market is expected to reach $16.1 Billion by 2025 Growing at a CAGR of 13.6% (2020 – 2025)
The fluid management systems and accessories market is projected to reach USD 16.1 billion by 2025 from USD 8.5 billion in 2020, at a CAGR of 13.6% during the forecast period.
The accessories and disposables segment is expected to grow at the highest CAGR during the forecast period By product, the fluid management systems and accessories market is segmented into systems and accessories and disposables. The accessories and disposables s segment is expected to register the highest CAGR during the forecast period. The high growth of this segment can be attributed to the repeated purchase of accessories and disposables and an increasing number of minimally invasive surgeries.
The standalone fluid management systems segment is expected to account for the largest share of the fluid management systems and accessories market By type, the fluid management systems market is segmented into standalone fluid management systems and integrated fluid management systems. The standalone fluid management systems segment accounted for the largest share of the fluid management systems market in 2019. Standalone fluid management systems are less expensive than integrated systems. This is a major factor contributing to the high adoption of these products in hospitals, especially in developing countries.
Key Market Player Baxter International Inc. (US), Cardinal Health, Inc. (US), Stryker Corporation (US), Olympus Corporation (Japan), B. Braun Melsungen AG (Germany), Medline Industries, Inc. (US), KARL STORZ GmbH & Co. KG (Germany), Ecolab Inc. (US), Smiths Medical (UK)