[187 Pages Report] The global Endoscopy Fluid Management Systems Market enjoyed a valuation of US$ 414 Million in 2021, predicted to expand at a 7.4% CAGR to reach a net worth of US$ 683 Million by 2028.
| Attribute | Details |
|---|---|
| Endoscopy Fluid Management Systems Market Size (2022) | US$ 444.2 Million |
| Projected Market Value (2028) | US$ 683 Million |
| Global Market Growth Rate (2022 to 2028) | 7.4% CAGR |
| Fastest Growing Region | North America |
On the regional front, North America and Asia Pacific are likely to emerge as the kingpins, registering market shares worth 7.7% and 7.4% in 2022 respectively. The ever increasing demand for minimally invasive surgeries is primarily responsible for this elevated growth rate.
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| Particulars | Details |
|---|---|
| H1, 2021 | 7.16% |
| H1, 2022 Projected | 7.43% |
| H1, 2022 Outlook | 7.23% |
| BPS Change - H1, 2022 (O) - H1, 2022 (P) | (-) 20 ↓ |
| BPS Change - H1, 2022 (O) - H1, 2021 | (+) 07 ↑ |
On the regional front, North America and Asia Pacific are likely to emerge as the kingpins, registering market shares worth 42% and 28% in 2022 respectively. The ever increasing demand for minimally invasive surgeries is primarily responsible for this elevated growth rate.
A comparative analysis has been done by Future Market Insights on the growth rate of endoscopy fluid management systems market within the duration of H1-2022 and H1-2021. The variation between the BPS values observed within this market in H1, 2022 - outlook over H1, 2022 projected reflects a decline of 20 BPS units. However A positive BPS growth in H1-2022 over H1-2021 by 07 Basis Point Share (BPS) is demonstrated by the market.
Endoscopy Fluid Management Systems offer a number of benefits such as clear visibility of surgical site, reduced tissue adherence to endoscopic tools, faster electrosurgical effects and cost affordability over alternative methods, thus resulting in favourable BPS change.
Additionally development and introduction of new FDA approved high performance and cutting edge technologies are expected to further boost the market growth and provide opportunistic growth prospects to the market players in the forecast duration.
The growth of the market is backed by a higher inclination towards minimally-invasive procedures. Coupled with this, the rising incidence of chronic ailments and cases of accidents has been creating growth prospects for the market. The market registered a 5.9% CAGR between 2012 and 2021.
Advancements witnessed in the last couple of years in conducting minimally-invasive procedures are indicative of impressive developments in surgical equipment. In addition to this, R&D activities are leading to technological advancements in fluid management systems. Government funds and grants are driving the market at a global level for nonsurgical procedures and leading to an increase in ESRD patient base.
Overall, the demand for endoscopy fluid management systems is anticipated to rise at a CAGR of around 7.4% through 2028, accounting for 4% share in the global fluid management systems market.
For diagnosing and treating chronic and acute diseases, doctors, at times, prescribe surgeries. Minimally invasive surgeries are done with the help of endoscopes along with endoscope procedure kits. During such procedures, endoscopy fluid management systems are used as irrigation pumps.
According to the Centers for Disease Control and Prevention (CDC), six in ten Americans live with at least one chronic disease. Globally, endoscopic systems have been witnessing high demand, owing to the rising prevalence of chronic diseases. North America has been registering high demand for endoscopic fluid management systems, owing to the large number of expert surgeons practicing in the region.
Endoscopic fluid management systems help reduce bleeding in internal cavities during endoscopic surgeries. They are integrated with endoscopy visualization systems & other endoscopic instruments. According to Cancer Research UK, there were 17 million new cases of cancer worldwide in 2018.
The four most common cancers occurring worldwide are lung, female breast, bowel, and prostate cancer. These four accounts for more than four in ten of all cancers diagnosed worldwide. Worldwide there will be 27.5 million new cases of cancer each year by 2040. Hence, endoscopic surgeries to cure such cancers will enhance deployment of endoscopic fluid management systems.
Principal Consultant
As healthcare infrastructure expands across developing countries, governments are attempting to reduce financial barriers to facilitate extensive R&D across various domains. This trend has boded well for endoscopy fluid management systems. Countries such as China, India, Brazil and Mexico, for instance, are preferred destinations for healthcare tourism.
Moreover, countries across the Asia Pacific, including China and India, possess the world’s largest population base, collectively comprising over 60% of the total number of people across the globe. Also, they also constitute a large patient base for renal, gastrointestinal and respiratory ailments, areas which extensively require endoscopic surgery.
Also, as patients in emerging economic experience elevated living standards, they are in a position to afford cost-intensive treatments and surgeries. This is encouraging several small, medium and large-scale manufacturers to establish base across these regions.
As per FMIs analysis, in the coming years, Asia Pacific is projected to be highly lucrative for the overall endoscopy fluid management systems market growth. Rising awareness regarding minimally invasive endoscopic surgeries and irrigation pumps and affinity towards the products manufactured by local companies in India have collectively increased revenue opportunities.
Furthermore, the rising prevalence of chronic diseases in India is adding to the market expansion. According to the first Longitudinal Ageing Study in India (LASI) released by the Union Ministry of Family and Health Welfare in India on January 6, 2020, two in every three senior citizens in India suffer from some chronic disease. Overall, the APAC region is projected to accumulate a market share of 7.4% in 2022.
The North American Endoscopy fluid management systems industry is poised to capture a market share of 7.7% in 2022. The systems are helpful in maintaining precise pressure so as to reduce bleeding in internal cavities during endoscopic procedures. From a market point of view, using high-tech devices improves treatment compliance, which could drive higher unit sales and subsequently, revenue.
The high share is due to the presence of skilled medical professionals, outstanding healthcare infrastructure, advancements in technology, and the presence of prominent market players in the country. In addition to this, healthcare reimbursement policies are also augmenting market growth.
For instance, President Joe Biden’s healthcare plan will insure more than 97% of Americans owing to the introduction of a Medicare-like public option for Individuals and Families. His plan also includes strengthening the Affordable Care Act (ACA) by increasing marketplace subsidies.
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By product, endoscopic fluid management systems are expected to capture the dominant market share in 2022 and beyond. Increased demand for precision based surgeries to ensure minimal trauma during intensive surgical procedures is driving adoption.
As the incidence of various renal, gastrointestinal, respiratory and cardiac disorders increase, patients are opting for highly precise yet minimally invasive surgeries has led hospitals and clinics to deploy advanced endoscopic fluid management systems.
Hospitals are expected to make maximum usage of endoscopy fluid management systems, given the ever increasing volume of patient admissions for various laparoscopic and other internal surgeries. Moreover, hospitals also partner with various laboratories and research institutions to conduct studies on surgical procedures, requiring them to use endoscopy fluid management systems.
The global endoscopy fluid management systems market is on a rise owing to the manufacturers who are investing in the research & development of new valves as per changing industry standards across multiple industry verticals.
| Attribute | Details |
|---|---|
| Forecast Period | 2022-2028 |
| Historical Data Available for | 2012-2021 |
| Market Analysis | US$ Million for Value |
| Key Regions Covered |
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| Key Countries Covered |
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| Key Market Segments Covered |
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| Key Companies Profiled |
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| Pricing | Available upon Request |
Endoscopy Fluid Management Systems Market by Product Type:
Endoscopy Fluid Management Systems Market by Modality:
Endoscopy Fluid Management Systems Market by End-User:
Endoscopy Fluid Management Systems Market by Region:
The endoscopy fluid management systems market is anticipated to be worth US$ 444.2 million in 2022.
The endoscopy fluid management systems market is predicted to thrive at a 7.4% CAGR through 2028.
The endoscopy fluid management systems market is poised to reach US$ 683 million by 2028.
The astronomically rising demand for minimally invasive surgeries is a pivotal growth driver for the market.
North America is anticipated to witness a 7.7% CAGR in 2022.
Asia Pacific captured a 7.4% CAGR in 2022.
North America and Asia Pacific registered market shares worth 42% and 28% in 2022, respectively.
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
3. Endoscopy Fluid Management Systems Market Opportunity Analysis
4. Endoscopy Fluid Management Systems Market Analysis Scenario
4.1. Macro-Economic Factors
5. Market Background
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Trends
5.1.4. Opportunity Analysis
6. Global Economic Outlook
6.1. Gross Domestic Product by Region & Country, 2006 - 2021
7. Key-Inclusions.
7.1. Endoscopy Fluid Management Systems Products, By Company
7.2. Endoscopy Fluid Management Systems Market: FDA Regulations
7.3. Endoscopy Fluid Management Systems Market- Reimbursement Scenario
8. North America Endoscopy Fluid Management Systems Market Analysis and Forecast
8.1.1. Market forecast and analysis in the U.S. and Canada
8.2. Introduction
8.3. Historical Market Value (US$ Mn) Analysis By Country, 2013-2021
8.3.1. U.S.
8.3.2. Canada
8.4. Market Value (US$ Mn) Forecast By Country, 2022-2028
8.5. Historical Market Value (US$ Mn) Analysis By Product type, 2013-2021
8.5.1. Laparoscopy Fluid Management Systems
8.5.2. Laparoscopy Suction Irrigation Pumps
8.5.3. Hysteroscopy Fluid Management Systems
8.5.4. Hysteroscopy Pumps
8.6. Market Value (US$ Mn) Forecast By Product type, 2022-2028
8.7. Historical Market Value (US$ Mn) Analysis By Modality, 2013-2021
8.7.1. Floor Standing
8.7.2. Benchtop
8.8. Market Value (US$ Mn) Forecast By Modality, 2022-2028
8.9. Historical Market Value (US$ Mn) Analysis By End Users, 2013-2021
8.9.1. Hospitals
8.9.2. Ambulatory Surgical Centers
8.9.3. Specialty Clinics
8.9.4. Diagnostic Centers
8.10. Market Value (US$ Mn) Forecast By End Users, 2022-2028
8.11. Drivers and Restraints: Impact Analysis
8.12. Market Attractiveness Analysis
8.12.1. By Country
8.12.2. By Product type
8.12.3. By Modality
8.12.4. By End Users
9. Latin America Endoscopy Fluid Management Systems Market Analysis and Forecast
9.1. Introduction
9.2. Historical Market Value (US$ Mn) Analysis By Country, 2013-2021
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Market Value (US$ Mn) Forecast By Country, 2022-2028
9.4. Historical Market Value (US$ Mn) Analysis By Product type, 2013-2021
9.4.1. Laparoscopy Fluid Management Systems
9.4.2. Laparoscopy Suction Irrigation Pumps
9.4.3. Hysteroscopy Fluid Management Systems
9.4.4. Hysteroscopy Pumps
9.5. Market Value (US$ Mn) Forecast By Product type, 2022-2028
9.6. Historical Market Value (US$ Mn) Analysis By Modality, 2013-2021
9.6.1. Floor Standing
9.6.2. Benchtop
9.7. Market Value (US$ Mn) Forecast By Modality, 2022-2028
9.8. Historical Market Value (US$ Mn) Analysis By End Users, 2013-2021
9.8.1. Hospitals
9.8.2. Ambulatory Surgical Centers
9.8.3. Specialty Clinics
9.8.4. Diagnostic Centers
9.9. Market Value (US$ Mn) Forecast By End Users, 2022-2028
9.10. Drivers and Restraints: Impact Analysis
9.11. Market Attractiveness Analysis
9.11.1. By Country
9.11.2. By Product type
9.11.3. By Modality
9.11.4. By End Users
10. Europe Endoscopy Fluid Management Systems Market Analysis and Forecast
10.1. Introduction
10.2. Historical Market Value (US$ Mn) Analysis By Country, 2013-2021
10.2.1. Germany
10.2.2. U.K.
10.2.3. France
10.2.4. Italy
10.2.5. Spain
10.2.6. Russia
10.2.7. Poland
10.2.8. Rest of Europe
10.3. Market Value (US$ Mn) Forecast By Country, 2022-2028
10.4. Historical Market Value (US$ Mn) Analysis By Product type, 2013-2021
10.4.1. Laparoscopy Fluid Management Systems
10.4.2. Laparoscopy Suction Irrigation Pumps
10.4.3. Hysteroscopy Fluid Management Systems
10.4.4. Hysteroscopy Pumps
10.5. Market Value (US$ Mn) Forecast By Product type, 2022-2028
10.6. Historical Market Value (US$ Mn) Analysis By Modality, 2013-2021
10.6.1. Floor Standing
10.6.2. Benchtop
10.7. Market Value (US$ Mn) Forecast By Modality, 2022-2028
10.8. Historical Market Value (US$ Mn) Analysis By End Users, 2013-2021
10.8.1. Hospitals
10.8.2. Ambulatory Surgical Centers
10.8.3. Specialty Clinics
10.8.4. Diagnostic Centers
10.9. Market Value (US$ Mn) Forecast By End Users, 2022-2028
10.10. Drivers and Restraints: Impact Analysis
10.11. Market Attractiveness Analysis
10.11.1. By Country
10.11.2. By Product type
10.11.3. By Modality
10.11.4. By End Users
11. Asia Pacific Endoscopy Fluid Management Systems Market Analysis and Forecast
11.1. Introduction
11.2. Historical Market Value (US$ Mn) Analysis By Country, 2013-2021
11.2.1. China
11.2.2. India
11.2.3. Australia
11.2.4. Japan
11.2.5. Rest of APAC
11.3. Market Value (US$ Mn) Forecast By Country, 2022-2028
11.4. Historical Market Value (US$ Mn) Analysis By Product type, 2013-2021
11.4.1. Laparoscopy Fluid Management Systems
11.4.2. Laparoscopy Suction Irrigation Pumps
11.4.3. Hysteroscopy Fluid Management Systems
11.4.4. Hysteroscopy Pumps
11.5. Market Value (US$ Mn) Forecast By Product type, 2022-2028
11.6. Historical Market Value (US$ Mn) Analysis By Modality, 2013-2021
11.6.1. Floor Standing
11.6.2. Benchtop
11.7. Market Value (US$ Mn) Forecast By Modality, 2022-2028
11.8. Historical Market Value (US$ Mn) Analysis By End Users, 2013-2021
11.8.1. Hospitals
11.8.2. Ambulatory Surgical Centers
11.8.3. Specialty Clinics
11.8.4. Diagnostic Centers
11.9. Market Value (US$ Mn) Forecast By End Users, 2022-2028
11.10. Drivers and Restraints: Impact Analysis
11.11. Market Attractiveness Analysis
11.11.1. By Country
11.11.2. By Product type
11.11.3. By Modality
11.11.4. By End Users
12. MEA Endoscopy Fluid Management Systems Market Analysis and Forecast
12.1. Introduction
12.2. Historical Market Value (US$ Mn) Analysis By Country, 2013-2021
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. Egypt
12.2.4. Rest of MEA
12.3. Market Value (US$ Mn) Forecast By Country, 2022-2028
12.4. Historical Market Value (US$ Mn) Analysis By Product type, 2013-2021
12.4.1. Laparoscopy Fluid Management Systems
12.4.2. Laparoscopy Suction Irrigation Pumps
12.4.3. Hysteroscopy Fluid Management Systems
12.4.4. Hysteroscopy Pumps
12.5. Market Value (US$ Mn) Forecast By Product type, 2022-2028
12.6. Historical Market Value (US$ Mn) Analysis By Modality, 2013-2021
12.6.1. Floor Standing
12.6.2. Benchtop
12.7. Market Value (US$ Mn) Forecast By Modality, 2022-2028
12.8. Historical Market Value (US$ Mn) Analysis By End Users, 2013-2021
12.8.1. Hospitals
12.8.2. Ambulatory Surgical Centers
12.8.3. Specialty Clinics
12.8.4. Diagnostic Centers
12.9. Market Value (US$ Mn) Forecast By End Users, 2022-2028
12.10. Drivers and Restraints: Impact Analysis
12.11. Market Attractiveness Analysis
12.11.1. By Country
12.11.2. By Product type
12.11.3. By Modality
12.11.4. By End Users
13. Forecast Factors: Relevance and Impact
14. Forecast Assumptions
15. Market Structure Analysis
15.1. Market Structure by Tier
15.2. Market Share Analysis (2021) for Top Players
15.3. Product Intensity Mapping by Key Manufacturer
16. Competition Landscape
16.1. Competition Dashboard
16.2. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
16.2.1. Stryker
16.2.2. Olympus Corporation
16.2.3. KARL STORZ SE & Co. KG
16.2.4. Smith & Nephew Plc.
16.2.5. Richard Wolf GmbH
16.2.6. Hologic Inc.
16.2.7. Cantel Medical Corporation
16.2.8. Medtronic Plc.
16.2.9. Braun Medical Inc.
16.2.10. DePuy Synthes (Johnson & Johnson Services, Inc.)
17. Global Endoscopy Fluid Management Systems Market Analysis and Forecast, By Region
17.1. Introduction
17.2. Historical Market Value (US$ Mn) Analysis By Region, 2013-2021
17.2.1. North America
17.2.2. Latin America
17.2.3. Europe
17.2.4. Asia Pacific
17.2.5. Middle East and Africa (MEA)
17.3. Market Value (US$ Mn) Forecast By Region, 2022-2028
17.4. Market Attractiveness Analysis By Region
18. Global Endoscopy Fluid Management Systems Market Analysis and Forecast, By Product type
18.1. Introduction
18.2. Historical Market Value (US$ Mn) Analysis By Product type, 2013-2021
18.2.1. Laparoscopy Fluid Management Systems
18.2.2. Laparoscopy Suction Irrigation Pumps
18.2.3. Hysteroscopy Fluid Management Systems
18.2.4. Hysteroscopy Pumps
18.3. Market Value (US$ Mn) Forecast By Product type, 2022-2028
18.4. Market Attractiveness Analysis By Product type
19. Global Endoscopy Fluid Management Systems Market Analysis and Forecast, By Modality
19.1. Introduction
19.2. Historical Market Value (US$ Mn) Analysis By Modality, 2013-2021
19.2.1. Floor Standing
19.2.2. Benchtop
19.3. Market Value (US$ Mn) Forecast By Modality, 2022-2028
19.4. Market Attractiveness Analysis By Modality
20. Global Endoscopy Fluid Management Systems Market Analysis and Forecast, By End Users
20.1. Introduction
20.2. Historical Market Value (US$ Mn) Analysis By End Users, 2013-2021
20.2.1. Hospitals
20.2.2. Ambulatory Surgical Centers
20.2.3. Specialty Clinics
20.2.4. Diagnostic Centers
20.3. Market Value (US$ Mn) Forecast By End Users, 2022-2028
20.4. Market Attractiveness Analysis By End Users
21. Global Endoscopy Fluid Management Systems Market Analysis 2013-2021 and Forecast 2022-2028
21.1. Market Value Share Analysis By All Segment
21.2. Y-o-Y Growth Analysis By All Segment
21.3. Absolute $ Opportunity
22. Assumptions and Acronyms Used
23. Research Methodology
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Endoscopy Fluid Management Systems Market
