The global Fluid Management Systems Market is anticipated to reach USD 16.4 billion in 2021 growing at a CAGR of 13.8% during the forecasting period, 2021-2028.
Fluid management systems are devices that are used to maintain the fluid balance of the body and help to avoid complications that might arise in the case of abnormal fluid levels. The major applications of fluid management systems are in the hospitals during surgical procedures. While performing surgeries there is a need for regular monitoring of the body fluid level of the patients. Special solvents with an osmolarity similar to human ECF (extracellular fluid) are used in these systems that are about 300mOsmol/lt.
With increased investment in techniques like endoscopy and laparoscopy, there is a surge in the number of surgeries with minimum invasion, and the rise in the number of hospitals and funds by the government for Endo surgical procedures are some of the factors that have supported long-term expansion for fluid management system industry.