As per our research report, the Latin America Fluid Management Systems Market was worth USD 1.11 Billion in 2022. This figure is estimated to be growing at a CAGR of 5.9% to reach USD 1.48 billion by 2027.
Fluid management systems are intended to maintain fluid body content and to avoid complications associated with unwanted levels of body fluids. Additionally, this system is used to treat life-threatening medical conditions, such as end-stage kidney disease.
The fluid management systems market in Latin America is expected to experience tremendous growth owing to increasing support from the government through funds, technological advancements in the healthcare industry, and the growth of minimally invasive surgeries. Besides, the increase in subsidies for non-surgical procedures worldwide is also contributing to the development of the Latin American market. The increasing incidence of chronic diseases such as gastrointestinal tract, neurology, nephrology-related disorders, and orthopedic disorders among the elderly population is expected to drive the fluid management systems market in Latin America.
The massive demand for the introduction of fresh fluid management and display systems in healthcare and medical services drives the growth of the fluid management systems market. Substantial investments in medical services, the development of health care infrastructure, and the emergence of innovative technologies are growth factors of the Latin American market. A significant factor influencing the Latin American fluid management systems market is the increasing incidence rate of chronic diseases such as diabetes, kidney and transplant disorders, kidney failure, and the continued launches of dialyzers on the market.
However, the vast cost of the procedure and the lack of qualified personnel are significant challenges in the Latin America Fluid Management Systems market.
This report on the Latin America Fluid Management Systems Market has been segmented & sub-segmented the market into the following categories:
Latin America is an emerging region of the fluid management market due to the strong economic growth over the last decade, changes in the lifestyles of the populations that lead to a high incidence of diseases related to the way of life, and the increasing number of surgical procedures performed in these areas.
Developing countries like Brazil are also contributing to significant growth due to their growing population and increased investment in the health sector. Latin America is also showing considerable growth due to favorable economic growth and development of healthcare industries.
In 2014, Baxter International Inc. acquired Gambro AB, a Swedish manufacturer of dialysis products, to excel in the renal therapy market. This acquisition could help Baxter gain a foothold in regions where Gambro had a strong presence, such as Europe, and in a high-growth area such as Latin America.
Companies dominating the Latin America Fluid Management Systems Market profiled in this report 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.).
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.2 Fluid management systems
184.108.40.206 Standalone Fluid management systems
220.127.116.11.3 Suction and irrigation systems
18.104.22.168.4 Fluid management waste systems
22.214.171.124.5 Fluid warming systems
126.96.36.199.6 Other Standalone Fluid Management Systems
188.8.131.52 Integrated Fluid Management Systems
5.1.3 Fluid management disposables and accessories
184.108.40.206 Tubing sets
220.127.116.11 Pressure monitoring lines
18.104.22.168 Pressure transducers
22.214.171.124 Valves, connectors and fittings
126.96.36.199 Suction cansiters
188.8.131.52 Other Fluid Management Accessories and Disposables
5.1.4 Y-o-Y Growth Analysis, By Product
5.1.5 Market Attractiveness Analysis, By Product
5.1.6 Market Share Analysis, By Product
5.2.13 Other applications
5.2.14 Y-o-Y Growth Analysis, By Application
5.2.15 Market Attractiveness Analysis, By Application
5.2.16 Market Share Analysis, By Application
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Product
18.104.22.168 By Application
6.1.4 Market Attractiveness Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Product
188.8.131.52 By Application
6.1.5 Market Share Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Product
18.104.22.168 By Application
6.4 Rest of Latin America
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Fresenius Medical Care AG & Co. KGaA
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Baxter International, Inc.
8.3 B. Braun Melsungen AG
8.4 Ecolab, Inc.
8.5 Zimmer Biomet Holdings Inc.
8.6 Cardinal Health, Inc.
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
Talk to our analyst and get customised report done according to your research needs
Check if you can avail any discount. Submit your details and our team will get back to you.
Request to avail a free sample report that reflects this market and its growth.