The Fluid Management Systems Market size in Europe is predicted to be worth USD 4.19 billion by 2027 from USD 3.21 billion in 2022, registering a CAGR of 5.5% from 2022 to 2027.
Fluid management is an important part of all diagnostic and angiographic procedures. It reduces programming and installation costs. The entire workflow of a fluid management system is automated and safe. The credit of the rising interest in the fluid management devices market could be given to an expansion in the quantity of social healthcare service providers.
Some of the market's major drivers are- rise in demand for minimally invasive procedures, technological advancements in fluid management systems, government funding for healthcare, and developing healthcare infrastructure. There has been a rise in disposable incomes, which leads to the growth of the healthcare industry.
Lack of skilled surgeons and the high cost of surgical procedures are some restraints of the market.
This research report on the European Fluid Management Systems market has been segmented & sub-segmented the market into the following categories:
By Product Type:
The fluid management systems market holds the largest share in the market and covers integrated and standalone fluid management systems based on the product type. Within the fluid management systems market, the standalone fluid management systems segment accounted for the largest share of the fluid management systems market. Standalone fluid management systems are less expensive as compared to integrated systems.
Based on geography, Germany leads the European Fluid Management Systems market, followed by U.K and France.
Prominent companies playing a dominant role in the European Fluid Management Systems market are Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International, Inc. (U.S.), B. Braun Melsungen AG (Germany), Ecolab, Inc. (U.S.), Zimmer Biomet Holdings Inc. (U.S.) and Cardinal Health, Inc. (U.S.).
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