Global Fluid Management & Visualization Systems Market to Hit $12.4 Billion By 2027
The global Fluid Management & Visualization Systems market size is expected to be worth around US$ 12.4 billion by 2027, according to a new report by Vision Research Reports.
The global Fluid Management & Visualization Systems market size was valued at US$ 8.37billion in 2019 and is anticipated to grow at a CAGR of 5.1% during forecast period 2020 to 2027.
Fluid management promotes body fluid balance and helps in preventing severe complications arising from undesired fluid levels during a medical intervention. Increasing susceptibility to gastrointestinal, cardiac, orthopedic, and laparoscopic diseases due to changing lifestyle results in frequent hospital admissions.
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The fluid management and visualization systems significantly enhance procedural effectiveness. Postoperative and perioperative fluid management has a significant impact on patient outcomes and plays a pivotal role in enhanced recovery pathways (ERPs). Moreover, fluid management and visualization leads to a decrease in complications and a decrease in length of stay (LOS). Thus, preoperative and postoperative fluid management and visualization is as critical as intraoperative management as it offers multiple associated benefits to the patients.
Increase in the minimally invasive and ambulatory procedures involving large volumes of liquids adds stress and inefficiency in the OR. This, in turn, facilitates the adoption of fluid management and visualization systems in the medical settings. According to the study by researchers at the University of Michigan, January 2020, the use of robotic surgery for all general surgery procedures increased from 1.5% in 2012 to 14.1% in 2018.
- North America accounted for the largest revenue share in 2019 owing to well-established healthcare infrastructure, significant investment by market players for novel product development, and increasing prevalence of gynecology, urology, and cardiac conditions
- By product, the accessories segment dominated the market in 2019 as these products need to be disposed after single use, thus preventing infections and assuring patient safety
- In terms of application, the urology segment dominated the market in 2019 due to increasing cases of kidney stones and prostate and bladder problems
- Based on end use, the hospitals segment accounted for the largest market share in 2019 as they conduct larger number of surgical procedures with the availability of novel automated fluid management and visualization systems
- Medtronic plc
- CONMED Corporation
- Stryker Corporation
- Smith & Nephew plc
- Traubco LLC
- Hologic, Inc.
- Angiodynamics, Inc.
- Ecolab, Inc.
Fluid Management and Visualization Systems Product Outlook
- Fluid Waste Management System
Fluid Management and Visualization Systems Application Outlook
Fluid Management and Visualization Systems End-use Outlook
- Specialty Clinics
- Ambulatory Surgical Centers
Fluid Management and Visualization Systems Regional Outlook
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
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The Fluid Management & Visualization Systems market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Fluid Management & Visualization Systems market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Fluid Management & Visualization Systems market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Fluid Management & Visualization Systems market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Fluid Management & Visualization Systems market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Fluid Management & Visualization Systems capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Fluid Management & Visualization Systems by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Fluid Management & Visualization Systems market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Fluid Management & Visualization Systems market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Fluid Management & Visualization Systems market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Fluid Management & Visualization Systems industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Fluid Management & Visualization Systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Fluid Management & Visualization Systems market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Fluid Management & Visualization Systems...
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