Fluid Management Market
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.
