The global demand for Surgical Fluid Disposal Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026.
Surgical Fluid Disposal is the disposal of fluids generated in operating rooms, ambulatory surgical centres and other environments. The disposal is carried out by using a stationary system designed to be installed in surgical rooms and that can be hooked into a hospital's existing drain and vacuum system. This technique eliminates human exposure to blood, irrigation fluid and other potentially infectious fluids found in the surgical environment and thus maintains a sterile environment. The system is generally automated, closed, with faster set-up time and is sustainable. The use of an automated disposal system decreases the costs associated with the disposal of surgical waste. Using an eco-friendly system setup in OR can help lower CO2 emissions from transportation and incineration and thus reduce the overall environmental impact of surgical fluids. Proper surgical fluid disposal is one of the crucial steps to protect the wellbeing of both staff and patient
Market Dynamics
The alarming rise in the number of surgical procedures carried out worldwide, technical advances in effective fluid disposal systems, the growing popularity of minimally invasive surgeries and increased government spending in the area of innovation have led to the growth of the surgical fluid disposal market globally. The disposal of potentially infectious surgical fluids is obviously of significant importance and hence this market is expected to continue the growing trend in the coming years. In the current testing times where COVID-19 cases are on the rise, the need for surgical fluid disposal is on the rise due to increase in the number of patients. Lack of awareness and need for proper maintenance of the surgical fluid disposal system may pose as a challenge to this market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of surgical fluid disposal.
Market Segmentation
The entire surgical fluid disposal market has been sub-categorized into product type, end-user and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product Type
- Containers
- Waste bags
- Tubing Sets
- Other
By End-User
- Ambulatory Surgical Centers
- Hospitals
- Clinics
- Others
By Application
- Urology
- Gastroenterology
- Laparoscopy
- Gynecology
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for surgical fluid disposal market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Surgical Fluid Disposal Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the surgical fluid disposal market include B. Braun Melsungen AG, Baxter International, Inc., Cardinal health, Inc., Hill Rom holdings, Inc., CR Bard, Inc., Medtronic Plc, Olympus Corporation, Stryker Corporation, Smith & Nephew Plc, Skyline Medical, Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
METHODOLOGY:
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.