Global Fluid Management & Visualization Systems Market (2021-2026) by Product, Application, End-user and Geography - Competitive Analysis, Impact of COVID-19, Ansoff Analysis

The Global Fluid Management & Visualization Systems Market is estimated to be worth USD 9.4 Billion in 2021 and is expected to reach USD 13.4 Billion by 2026, growing at a CAGR of 7.4%.

Market Dynamics

Some of the factors responsible for the growth of the market are rising number of minimally invasive surgeries, Increasing number of patients with End Stage Renal Diseases (ESRD), and Government funds and grants for Endosurgical procedures. Furthermore, rising number of hospitals and investments in endoscopy and laparoscopy facilities is also driving the market.

Market growth is restricted due to high cost of procedures and lack of consumer awareness. Additionally, the lack of skilled surgeon across the world is a big challenge for the industry.

Furthermore, technological advancements in fluid management systems and development of single-use disposable devices and accessories are creating lucrative growth opportunities.

Market Segmentation

The Global Fluid Management & Visualization Systems Market is segmented based on product, Application, End-user, and Geography.

• By Product, the market is classified into Instruments and Accessories. Instruments segment is further classified into Dialyzers, Fluid Waste Management System and others.
• By Application, the market is classified into Urology and Nephrology, Laparoscopy, Gastroenterology, Gynaecology / Obstetrics, Bronchoscopy, Arthroscopy, Cardiology, Neurology, Otoscopy, Dentistry, Other Applications.
• By End-user, the market is classified into hospitals, dialysis centers, ambulatory surgical centers, and other end users.
• By Geography, North America holds the largest market share.

Recent Developments

1. In December 2020, Medtronic launched the Carpediem System, a pediatric and neonatal acute dialysis machine (including dialyzer) in the US.
2. In June 2020, Fresenius Medical Care (Germany) is planning to open more than 100 new transitional care units (TCU) centers in the US. These units will help people recently diagnosed with kidney failure to learn about the treatment options available to them (including home dialysis) and become more empowered in managing their own care.

Company Profiles

Some of the companies covered in this report are Angiodynamics, Inc., Arthrex, Inc, Baxter International Inc., Cardinal Health, CONMED Corporation, F. Hoffmann-La Roche, Johnson & Johnson, Medtronic plc, Pfizer, Inc., Serres, Smith & Nephew plc, Stryker Corporation, etc.

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

The report offers a comprehensive evaluation of the Global Fluid Management & Visualization System Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.

The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel within the industry.

The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of COVID-19 on the market is also featured in the report.

The report also contains the competitive analysis using the Competitive Quadrant, the analyst's proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market