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Fluid Visualization Systems Market - By Product (Suction & Irrigation, Dialyzer, Fluid Warming & Waste Management, Endoscopic Camera, Tubing’s, Bloodlines) worth $25,908.4 Million by 2018

The “Fluid Management & Visualization Systems Market by Product (Suction & Irrigation, Dialyzer, Fluid Warming & Waste Management, Endoscopic Camera, Tubing’s, Bloodlines), by Application (GI, Urology, Arthroscopy, Gynecology) - Global Forecasts to 2018” analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

The global fluid management and visualization systems market was estimated to be worth $19,285.5 million in 2013. Fluid management systems are used to perform different functions such as fluid deficit monitoring, fluid irrigation and suction, fluid warming, pressure monitoring, fluid filtration, and fluid waste collection during endosurgeries. The fluid management systems are further classified into integrated systems and standalone systems which consist of fluid warming systems, fluid waste management systems, dialyzers, suction and irrigation systems, and insufflators.

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North America was a major market for global fluid management and visualization systems in 2013 with a share of around 45% to 50% of the global market, followed by Europe, Asia-Pacific, and Rest of the World.

The fluid management systems market in the APAC region is largely driven by the increasing healthcare spending by the government in China, growing number of minimal invasive surgeries in this region, and improving endoscopic infrastructure in India. Wide support for endoscopy-related research activities in Japan and establishment of training centers for endosurgeries in India, China, and Japan are also expected to fuel the market growth in the APAC region.

The visualization systems market is categorized into endoscopic cameras, video processors, video converters, camera heads, transmitters and receivers, endoscopic light sources, monitors and display systems, medical grade printers, light cables, carts, and others. Whereas, depending on application area, the market is classified into gastroenterology, laparoscopy, urology, arthroscopy, gynecology/obstetrics, neurology, cardiology bronchoscopy, laryngoscopy, otoscopy, dental surgery, anesthesiology, and other applications.

The market is mainly driven by increasing prevalence/incidences of gastrointestinal, laparoscopic, orthopedic, neurological, and nephrological diseases, requiring endosurgical procedures; growing preference for minimally invasive surgeries; cost-efficiency of these surgeries in terms of pre- and post-operation care costs and length of stay at hospitals; the technological advancements and breakthroughs in the field of fluid management systems; and favorable reimbursement scenarios in selected geographies.

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 Some major players in the fluid management and visualization systems market are Stryker Corporation (U.S.), Smith & Nephew plc. (U.K.), Olympus Corporation (Japan), B Braun Melsungen AG (Germany), ConMed Corporation (U.S.), Ecolab, Inc. (U.S.), Cardinal Health, Inc. (U.S.), Smiths Medical (U.S.), AngioDynamics, Inc. (U.S.), KARL STORZ GmbH & Co. KG (Germany), and Zimmer Holdings Inc (U.S.). In addition, there are other players in the market having regional or limited presence in the global fluid management systems market. Some of these include Merit Medical (U.S.), De Royal (U.S.), Argon Medical Devices (U.S.), Arthrex (U.S.), Thermedx, LLC (U.S.), and Cantel Medical Corporation (U.S.), among others.

 

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