Fluid Management Market

Fluid Management Market Outlook (2023 to 2033)

Global demand for fluid management systems is predicted to increase at a CAGR of 6% from 2023 to 2033. As a result, the global fluid management market is expected to increase from a value of US$ 15 billion in 2023 to US$ 27 billion by 2033-end.

Rising occurrence of chronic diseases and advancements in medical treatments are driving the demand for infusion therapy systems. Patients undergoing intensive therapy have trouble swallowing their medications, necessitating the need for infusion therapy systems. Fluid management focuses on maintaining fluid balance and avoiding issues caused by abnormal or undesirable fluid levels. The control of blood, saline, and other liquids entering and leaving the body during a procedure is accomplished with the use of fluid management systems.

Fluid management is generally used in advance to spot serious medical issues and stop any emergencies. The system can control fluid deficits, irrigate, filter, warm, and do other activities. Since they are simple to set up and maintain and offer clear visualization, fluid management systems shorten the time between operations.

The rise in end-stage renal disease (ESRD) has pushed demand for dialysis products, thus augmenting market growth. A rising aging population, which has led to increased chronic urological diseases, will also aid market expansion.

Increasing demand for minimally invasive surgeries, advancements in fluid management technology, increase in government funding & grants for endosurgical procedures, and surging investments in endoscopy and laparoscopy facilities are the primary factors driving market growth. Fluid management systems and accessory suppliers are anticipated to benefit significantly from emerging markets and single-use disposable devices and accessories.

Fluid management system is a new technique for controlling bodily fluids that include controlling a patient's fluid medical demands as well as fluid waste from operating rooms. Due to these technologies' improved efficiency, outdated approaches are now being replaced.

Fluid management systems can replace chemical solidifiers, which provide a risk of exposure, as well as single-use, disposable plastic suction canisters, helping to lower the cost of waste disposal. Cerebrospinal fluid management is another area, which is enticing leading manufacturers to innovate and come out with new treatment solutions in the field of neurology.

The healthcare industry prefers modern fluid management systems because they provide further advantages, including air filtration, precise fluid measurement, enclosed processing, vacuum control, and smoke evacuation. Endoscopic fluid management devices that deliver accurate fluid pressure to the lumen during endoscopic surgery aid in improving the visibility of the endoscopic process.

Report Attributes	Details
Fluid Management Market Size (2023)	US$ 15 Billion
Projected Market Value (2033)	US$ 27 Billion
Global Market Growth Rate (2023 to 2033)	6% CAGR
Market Share of Infusion Therapy Systems	50%
Key Companies Profiled	Hologic; Baxter International Inc.; Cardinal Health Inc.; Stryker Corporation; Smiths Medical Inc.; Boston Scientific Corporation; KARL STORZ; Zimmer Biomet

What is Shaping Global Fluid Management Market Growth?

“High Preference for Minimally Invasive Surgeries”

Minimally invasive surgeries are becoming more popular all around the world because they are safer, less painful, and have fewer surgical problems. The death rate has increased globally due to the increased risk of chronic diseases. Patients who have ESRD suffer from renal disease. The kidneys suffer irreversible damage and cease to function entirely. This calls for either a kidney transplant or a consistent regimen of long-term dialysis.

Additionally, health insurance providers in numerous countries around the world are progressively covering minimally invasive surgeries. Due to their benefits, minimally invasive operations are mainly utilized over other surgical procedures by patients and doctors. Another factor that is anticipated to increase demand for fluid management systems and accessories is the rise in less invasive cancer treatments.

Through the projection period, it is predicted that demand for fluid management systems would increase due to the rising prevalence of nephrology-related disorders, gastrointestinal tract disorders, orthopedic disorders, and chronic diseases associated with otology. The introduction of new fluid control and visualization technologies, increased government investments in healthcare, improved healthcare infrastructure, and expanded medical reimbursement facilities are some of the key factors anticipated to accelerate market growth.

“Rapid Innovations in Fluid Management Systems”

Market expansion is estimated to be aided by an increase in medical cases that need fluid management. It is essential to deploy advanced fluid management systems that can also carry out tasks such as fluid monitoring, filtration, irrigation, or fluid warming in operational operations that deal with the transfer of blood, blood plasma, or other similar fluid components.

The recently introduced fluid management systems are highly advanced and capable of performing several tasks with the required accuracy, which may also help the global market expansion. There has been a significant growth in producers to meet the growing need for dialyzers with top-notch characteristics on a global scale.

It is expected that the market for fluid management will naturally move in favor of disposable accessories such as catheters due to the increased utilization of these items. The use of disposable accessories used for fluid management systems is anticipated to increase due to growing awareness of disease transmission through the sharing of accessories.

Market growth is also being aided by an increase in the usage of dialyzers to support patients with chronic renal disease and those awaiting kidney transplants. Increased product introductions in the standalone fluid management for dialysis are expanding the selection of products and introducing superior solutions for treating kidney-related medical disorders.

What Barriers are Encountered by Market Participants?

“Availability of Substitutes and High Cost of Surgical Treatments”

The high cost of surgical treatments is expected to hamper market expansion over the coming years, according to pricing trends. The availability of substitutes and a lack of skilled professionals are restraining market growth.

Which Region Holds a Leading Position in the Market for Fluid Management?

“Rising Adoption of Next-generation Infusion Devices in North America”

North America accounts for 50% share of the global market. The surging adoption of next-generation infusion devices and the growing prevalence of lifestyle diseases are boosting market value. The rising need for a short hospital stays, an increase in minimally invasive surgical techniques and favorable reimbursement plans are supporting market expansion.

Country-wise Insights

Which Country is the Most Profitable Market in North America?

“Presence of Top-notch Ambulatory Care Facilities in the United States”

Top-notch ambulatory care facilities in the United States are the first to provide medical attention in an emergency, they are equipped with advanced fluid management systems in terms of disposables and accessories. The advanced healthcare infrastructure, an increase in the local supply of acute dialysis products, and advancements in home infusion therapy devices are driving market expansion.

Why is Germany Seeing High Demand for Fluid Management Systems?

“Rise in Gastrointestinal & Urological Conditions”

The market in Germany is anticipated to experience consistent revenue growth due to the rise in gastrointestinal and urological conditions as well as the growing prevalence of cardiovascular disorders. Market expansion is being aided by the increasing emphasis on R&D activities and new developments in the healthcare industry.

How is the Market for Fluid Management Progressing in Japan?

“Rising Endoscopic Camera Research Activities across Japan”

High demand for intravenous fluids due to the high prevalence of infectious diseases such as diarrhea, typhoid, malaria, and cholera as well as a rise in patients with ESRD is anticipated to bolster market growth in Japan. An increase in hospitals and growing medical tourism and rising endoscopic camera research activities are the key drivers augmenting market growth in Japan.

Category-wise Insights

Which Product is Expected to Gain Immense Popularity?

“Infusion Therapy Systems Gaining Popularity as Pain Management Technique When Oral Drugs Fail to Effectively Treat Patients”

Under product, the market is segmented into infusion therapy systems and renal systems. Infusion therapy systems account for 50% share of the global market. Infusion therapy has grown in popularity as a method of pain management, especially for conditions when oral medication is ineffective. In this procedure, the medicine is typically administered intravenously or subcutaneously.

Patients are switching from conventional therapies to specialized infusion therapy treatments since the results are better. Surging need for intravenous administration of fluids and medicines to chronically ill and dehydrated patients who don’t respond to oral therapy is anticipated to drive the demand for infusion therapy systems.

An increasing pool of dialysis patients shall contribute to the growing usage of renal products. This is because kidney patients require fluid management via dialysis procedures such as hemodialysis and peritoneal dialysis. Renal product manufacturers are innovating on renal disposables and ancillaries, saline solutions & concentrates, and dialysis accessories.

Which is a Key Application Driving Substantial Market Share?

“Increase in Morbidities Due to Cardiac Complications Driving Adoption of Fluid Management Systems in Cardiology”

Based on application, the market is divided into urology, cardiology, orthopedic/osteology, neurology, oncology, gastroenterology, and others. High usage of fluid management systems in cardiology is attributed to the rising morbidities due to cardiac complications.

An increase in oxygen consumption caused by cardiovascular surgery is accompanied by alterations in cardiac output and oxygen delivery. After heart surgery, patients usually need several hours of postoperative hemodynamic support in the intensive care unit (ICU) while still under anesthesia and with intubation, as well as considerable volumes of intravenous fluid over a short time.

As a result, one of the crucial requirements in cardiac treatments is fluid management systems. The primary driver of the market is the rising incidence of cardiovascular disorders across the world.

Competitive Landscape

Leading companies are investing a great deal in R&D to introduce advanced fluid management systems by enhancing product standards and following safety regulations to reduce environmental impact. To keep a competitive edge, these participants are also looking into options for mergers and acquisitions.

Top fluid management device manufacturers are concentrating on ensuring the quality control of products. They are proactively managing inventory levels, stock levels in warehouses, and supply chain management.

For instance,

• Baxter Healthcare manufactures the Spectrum IQ Infusion System. This is an intelligently designed device to simplify EMR (electronic medical record) integration. It includes facilities such as on-screen barcode technology with scan prompts, auto-programming workflows, and feature sets to help drive consistent compliance and intuitive workflows to confirm IV infusion tasks.
• Braun Holding GmbH & Co. offers EXCEL IV Containers and Partial Additive Bags (PAB). The EXCEL IV containers are biologically inert and are suitable for storing important medications.

Key Segments of Fluid Management Industry Research

• By Product :

  • Infusion Therapy Systems
    • Infusion Devices
    • IV Access Devices
    • IV Solutions & Products
  • Renal Systems
    • In-center Hemodialysis Products
    • Home Hemodialysis Products (HHD)
    • Peritoneal Dialysis
    • Products
    • Acute Dialysis Products

• By Application :

  • Urology
  • Cardiology
  • Orthopedic/Osteology
  • Neurology
  • Oncology
  • Gastroenterology
  • Others

• By End User :

  • Hospitals
  • Clinics
  • Dialysis Centers
  • Home Care Settings
  • Others

• By Region :

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa