The global endoscopy fluid management systems market was valued at USD 414 million in 2021 and is projected to experience robust growth, reaching an estimated USD 683 million by 2028. The market is anticipated to expand at a CAGR of 7.4% during the forecast period.
This growth can be attributed to the increasing adoption of endoscopic procedures and the rising demand for advanced medical technologies that enhance surgical outcomes. Endoscopy fluid management systems play a critical role in maintaining optimal fluid levels during procedures, which is essential for ensuring patient safety and improving procedural efficiency.
Key Market Drivers
The rising prevalence of chronic diseases, coupled with an aging population, is driving the demand for minimally invasive surgical techniques, further boosting the need for effective fluid management solutions. Innovations in endoscopy technologies and the growing emphasis on improving patient care are also contributing to the market’s expansion.
For a detailed analysis of market trends and future projections, Future Market Insights offers comprehensive insights into the endoscopy fluid management systems market.
Prominent Players:
Karl Storz GmbH & Co KG
Olympus Corporation
Richard Wolf GmbH
Smith & Nephew
Stryker Corporation
DePuy Synthes (Johnson & Johnson Services Inc.)
Cantel Medical Corporation
Medtronics Plc.
B. Braun Medical Inc. and Hologic Inc
Healthy Year over Year Revenue Growth Projected for Asia Pacific
APAC has become the hotspot for leading medical device companies, which is further intensified by dramatically growing medical tourism sector. Across APAC, Japan is likely to account for substantial revenue generation, enabling the regional market secure second spot in the global endoscopy fluid management systems landscape. FMI projects over 7% year on year revenue growth in 2020 and beyond, for this regional market.
Government Regulations Favor Market Growth in Latin America
Latin American market for endoscopy fluid management systems is thriving at a promising pace owing to favorable government initiatives regarding endoscopic procedures and medical device marketing. Noteworthy demand for laparoscopy suction irrigation pumps within the region is identified to be responsible for the rapid revenue growth of endoscopy fluid management systems marketplace across Latin America.
Key Segments Covered in Endoscopy Fluid Management Systems Industry Survey:
Endoscopy Fluid Management Systems Market by Product Type:
- Laparoscopy endoscopy fluid management systems
- Hysteroscopy endoscopy fluid management systems
Endoscopy Fluid Management Systems Market by Modality:
- Floor Standing endoscopy fluid management systems
- Benchtop fluid management systems
Endoscopy Fluid Management Systems Market by End-User:
- Hospitals endoscopy fluid management systems
- Ambulatory surgical centers endoscopy fluid management systems
- Specialty clinics endoscopy fluid management systems
- Diagnostic centers endoscopy fluid management systems
Endoscopy Fluid Management Systems Market by Region:
- North America endoscopy fluid management systems Market
- Latin America endoscopy fluid management systems Market
- Europe endoscopy fluid management systems Market
- East Asia endoscopy fluid management systems Market
- South Asia & Pacific endoscopy fluid management systems Market
- Middle East & Africa (MEA) endoscopy fluid management systems Market
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges clients face and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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