by Product (Standalone (Dialyzers, Insufflators, Suction) Integrated Systems, Disposables, Accessories), Application (Urology, Nephrology, Laparoscopy) End User (Hospitals, Dialysis Centers) - Global Forecast to 2025
Publisher: MarketsandMarkets
# of Pages: 275
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Publication Date: January, 2021
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TABLE OF CONTENTS
1 INTRODUCTION 34
1.1 OBJECTIVE OF THE STUDY 34
1.2 MARKET DEFINITION 34
1.2.1 INCLUSIONS AND EXCLUSIONS 34
1.3 MARKET SCOPE 35
1.3.1 MARKETS COVERED 35
1.3.2 YEARS CONSIDERED FOR THE STUDY 36
1.4 CURRENCY 36
1.4.1 EXCHANGE RATES UTILIZED FOR THE CONVERSION TO USD 36
1.5 LIMITATIONS 36
1.6 STAKEHOLDERS 37
1.7 SUMMARY OF CHANGES 37
2 RESEARCH METHODOLOGY 39
2.1 RESEARCH APPROACH 39
FIGURE 1 RESEARCH DESIGN 39
2.1.1 SECONDARY DATA 39
2.1.1.1 Key data from secondary sources 41
2.1.2 PRIMARY DATA 41
FIGURE 2 PRIMARY SOURCES 41
2.1.2.1 Key data from primary sources 42
2.1.2.2 Breakdown of primaries 43
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE):
BY COMPANY TYPE, DESIGNATION, AND REGION 43
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (DEMAND SIDE):
BY END USER, DESIGNATION, AND REGION 43
2.2 MARKET SIZE ESTIMATION 44
FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS (2019) 44
FIGURE 6 REVENUE SHARE ANALYSIS ILLUSTRATION: FRESENIUS MEDICAL CARE 45
FIGURE 7 SUPPLY-SIDE ANALYSIS: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET (2019) 46
FIGURE 8 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS OF THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET (2019) 47
FIGURE 9 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET (2020–2025) 48
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 49
FIGURE 10 DATA TRIANGULATION METHODOLOGY 49
2.4 MARKET SHARE ESTIMATION 50
2.5 ASSUMPTIONS FOR THE STUDY 50
2.6 COVID-19 HEALTH ASSESSMENT 51
2.7 COVID-19 ECONOMIC ASSESSMENT 51
2.8 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO 51
FIGURE 11 CRITERIA IMPACTING THE GLOBAL ECONOMY 52
FIGURE 12 RECOVERY SCENARIO OF THE GLOBAL ECONOMY 53
2.9 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO IN
THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 54
3 EXECUTIVE SUMMARY 55
FIGURE 13 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY PRODUCT, 2020 VS. 2025 (USD MILLION) 55
FIGURE 14 FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2020 VS. 2025 (USD MILLION) 56
FIGURE 15 STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2020 VS. 2025 (USD MILLION) 57
FIGURE 16 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2020 VS. 2025 (USD MILLION) 58
FIGURE 17 GEOGRAPHIC SNAPSHOT: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 59
4 PREMIUM INSIGHTS 61
4.1 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES: MARKET OVERVIEW 61
FIGURE 18 INCREASING NUMBER OF MINIMALLY INVASIVE SURGERIES IS PROPELLING THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 61
4.2 ASIA PACIFIC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER 62
FIGURE 19 HOSPITALS WILL CONTINUE TO DOMINATE THE ASIA PACIFIC FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET BY 2025 62
4.3 GEOGRAPHIC SNAPSHOT: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 63
FIGURE 20 CHINA TO REGISTER THE HIGHEST CAGR OF 17.2% DURING THE FORECAST PERIOD 63
4.4 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: DEVELOPED VS. DEVELOPING MARKETS 64
FIGURE 21 DEVELOPING MARKETS TO REGISTER HIGHER GROWTH RATES DURING
THE FORECAST PERIOD 64
4.5 REGIONAL MIX: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 65
FIGURE 22 APAC TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 65
5 MARKET OVERVIEW 66
5.1 INTRODUCTION 66
5.2 MARKET DYNAMICS 66
FIGURE 23 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 66
5.2.1 MARKET DYNAMICS: IMPACT ANALYSIS 67
5.2.2 DRIVERS 67
5.2.2.1 Rising number of minimally invasive surgeries 67
TABLE 1 MINIMALLY INVASIVE SURGICAL PROCEDURES, BY COUNTRY, 2014 VS 2016 68
5.2.2.2 Increasing ESRD patient base 68
FIGURE 24 NUMBER OF PATIENTS WITH RENAL DISORDERS, BY TREATMENT TYPE 69
5.2.2.3 Technological advancements in fluid management systems 69
TABLE 2 PRODUCT LAUNCHES, BY COMPANY, 2016–2020 69
5.2.2.4 Government funds and grants for endosurgical procedures 70
5.2.2.5 Rising number of hospitals and investments in endoscopy and laparoscopy facilities 71
5.2.3 RESTRAINTS 71
5.2.3.1 High cost of endosurgical procedures 71
5.2.3.2 Lack of consumer awareness 71
5.2.4 OPPORTUNITIES 72
5.2.4.1 Untapped potential in emerging markets 72
5.2.4.2 Single-use disposable devices and accessories 72
5.2.5 CHALLENGES 73
5.2.5.1 Dearth of surgeons worldwide 73
TABLE 3 US: TOTAL NUMBER OF SURGEONS (2010-2017) 73
5.3 INDUSTRY TRENDS 74
5.3.1 SHIFT TOWARD INTEGRATED FLUID MANAGEMENT SYSTEMS 74
5.3.2 ADVANCEMENTS IN DIALYZERS 74
FIGURE 25 TECHNOLOGICAL ADVANCEMENTS, 2005–2020 74
5.4 PRODUCT PORTFOLIO ANALYSIS 75
TABLE 4 PRODUCT PORTFOLIO ANALYSIS: FLUID MANAGEMENT SYSTEMS MARKET 75
5.5 COVID-19 IMPACT ON THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 76
5.6 PORTER’S FIVE FORCES ANALYSIS 77
FIGURE 26 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: PORTER’S FIVE FORCES ANALYSIS (2019) 77
TABLE 5 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: PORTER’S FIVE FORCES ANALYSIS (2019) 78
5.6.1 THREAT FROM NEW ENTRANTS 78
5.6.2 THREAT FROM SUBSTITUTES 79
5.6.3 BARGAINING POWER OF SUPPLIERS 79
5.6.4 BARGAINING POWER OF BUYERS 79
5.6.5 INTENSITY OF COMPETITIVE RIVALRY 79
5.7 VALUE CHAIN ANALYSIS 80
FIGURE 27 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: VALUE CHAIN ANALYSIS (2019) 80
5.8 ECOSYSTEM ANALYSIS 80
FIGURE 28 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: ECOSYSTEM ANALYSIS (2019) 81
5.9 REGULATORY ANALYSIS 81
FIGURE 29 KEY REGULATORY BODIES INVOLVED IN THE APPROVAL OF NEW DIALYSIS PRODUCTS 81
5.9.1 NORTH AMERICA 82
5.9.1.1 US 82
5.9.1.2 Canada 82
5.9.2 EUROPE 82
5.9.3 ASIA PACIFIC 82
5.9.3.1 India 82
5.9.3.2 China 83
5.9.3.3 Japan 83
5.9.4 LATIN AMERICA 83
5.9.4.1 Brazil 83
5.9.4.2 Mexico 84
5.9.5 MIDDLE EAST AND AFRICA 84
5.9.5.1 Middle East 84
5.9.5.2 Africa 84
5.10 AVERAGE SELLING PRICE OF FLUID MANAGEMENT SYSTEMS 85
TABLE 6 AVERAGE SELLING PRICE OF FLUID MANAGEMENT SYSTEMS, BY REGION (2019) 85
6 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY PRODUCT 86
6.1 INTRODUCTION 87
TABLE 7 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY PRODUCT, 2018–2025 (USD MILLION) 87
TABLE 8 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 88
6.2 IMPACT OF COVID-19 ON THE FLUID MANAGEMENT SYSTEMS MARKET, BY PRODUCT 88
6.3 FLUID MANAGEMENT SYSTEMS 89
TABLE 9 FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 89
TABLE 10 FLUID MANAGEMENT SYSTEMS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 90
6.3.1 STANDALONE FLUID MANAGEMENT SYSTEMS 90
TABLE 11 STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 91
TABLE 12 STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 92
6.3.1.1 Dialyzers 92
6.3.1.1.1 Increasing prevalence of chronic kidney disease and ESRD drives growth in the dialyzers market 92
TABLE 13 DIALYZERS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 93
TABLE 14 DIALYZERS MARKET, BY REGION, 2018–2025 (MILLION UNITS) 94
6.3.1.2 Insufflators 94
6.3.1.2.1 Increasing volume of laparoscopic procedures to boost the demand for insufflators 94
TABLE 15 INSUFFLATORS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 95
TABLE 16 INSUFFLATORS MARKET, BY REGION, 2018–2025 (UNITS) 95
6.3.1.3 Suction/evacuation and irrigation systems 96
6.3.1.3.1 Rising volume of endoscopic and laparoscopic procedures to drive growth in this segment 96
TABLE 17 SUCTION/EVACUATION AND IRRIGATION SYSTEMS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 97
6.3.1.4 Fluid waste management systems 97
6.3.1.4.1 Growing risk of exposure to infectious agents and toxic substances during surgery to drive the demand for these devices 97
TABLE 18 FLUID WASTE MANAGEMENT SYSTEMS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 98
6.3.1.5 Fluid warming systems 98
6.3.1.5.1 Fluid warming systems are used for the administration of normothermic fluids to reduce the occurrence of hypothermia 98
TABLE 19 FLUID WARMING SYSTEMS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 99
6.3.1.6 Other standalone fluid management systems 99
TABLE 20 OTHER STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 100
6.3.2 INTEGRATED FLUID MANAGEMENT SYSTEMS 100
6.3.2.1 Increasing number of endoscopic and laparoscopic surgical procedures worldwide to drive the growth of this segment 100
TABLE 21 INTEGRATED FLUID MANAGEMENT SYSTEMS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 101
6.4 FLUID MANAGEMENT DISPOSABLES & ACCESSORIES 101
TABLE 22 FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 102
TABLE 23 FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET, BY COUNTRY, 2020–2025 (USD MILLION) 103
6.4.1 CATHETERS 103
6.4.1.1 Rising popularity of interventional and minimally invasive procedures to drive market growth 103
TABLE 24 CATHETERS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 104
6.4.2 BLOODLINES 104
6.4.2.1 Increasing number of ESRD patients and rising hemodialysis procedures drive demand for bloodlines 104
TABLE 25 BLOODLINES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 105
6.4.3 TUBING SETS 105
6.4.3.1 Disposable tubing sets are widely adopted to avoid the risk of contamination in surgical procedures 105
TABLE 26 TUBING SETS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 106
6.4.4 PRESSURE MONITORING LINES 106
6.4.4.1 Pressure monitoring lines are used for the measurement and control of pressure of several body fluids, including blood and CSF 106
TABLE 27 PRESSURE MONITORING LINES MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 107
6.4.5 PRESSURE TRANSDUCERS 107
6.4.5.1 Increase in the usage of disposable pressure transducers to reduce contamination is a key driving factor 107
TABLE 28 PRESSURE TRANSDUCERS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 108
6.4.6 VALVES, CONNECTORS, AND FITTINGS 108
6.4.6.1 Increasing demand for disposable valves, connectors, and fittings to prevent the risks associated with infectious fluid waste is a major market driver 108
TABLE 29 VALVES, CONNECTORS, AND FITTINGS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 109
6.4.7 SUCTION CANISTERS 109
6.4.7.1 Suction canisters are used for the collection, retention, and disposal of irrigation fluids 109
TABLE 30 SUCTION CANISTERS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 110
6.4.8 CANNULAS 110
6.4.8.1 Growing demand for minimally invasive procedures and the increasing number of surgeries worldwide drive growth in this segment 110
TABLE 31 CANNULAS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 111
6.4.9 OTHER FLUID MANAGEMENT DISPOSABLES & ACCESSORIES 111
TABLE 32 OTHER FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 112
7 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION 113
7.1 INTRODUCTION 114
TABLE 33 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 114
7.2 IMPACT OF COVID-19 ON THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY APPLICATION 115
7.3 UROLOGY AND NEPHROLOGY 115
7.3.1 GROWING NUMBER OF DIALYSIS PROCEDURES TO DRIVE THE MARKET FOR UROLOGY AND NEPHROLOGY APPLICATIONS 115
TABLE 34 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR UROLOGY AND NEPHROLOGY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 117
7.4 LAPAROSCOPY 117
7.4.1 GRADUAL SHIFT TOWARDS MINIMALLY INVASIVE PROCEDURES TO BOOST GROWTH IN THIS APPLICATION SEGMENT 117
TABLE 35 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR LAPAROSCOPY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 119
7.5 GASTROENTEROLOGY 119
7.5.1 INCREASING INCIDENCE OF GASTROENTEROLOGICAL CANCER TO DRIVE THE MARKET FOR GASTROENTEROLOGY APPLICATIONS 119
TABLE 36 ESTIMATED NEW CANCER CASES AND DEATHS IN THE US, 2015 VS. 2020 120
TABLE 37 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR GASTROENTEROLOGY APPLICATIONS, BY COUNTRY,
2018–2025 (USD MILLION) 121
7.6 GYNECOLOGY/OBSTETRICS 121
7.6.1 GROWING INCIDENCE OF FIBROIDS AND POLYPS IN WOMEN TO DRIVE GROWTH IN THIS APPLICATION SEGMENT 121
TABLE 38 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR GYNECOLOGY/ OBSTETRICS APPLICATIONS, BY COUNTRY,
2018–2025 (USD MILLION) 122
7.7 BRONCHOSCOPY 122
7.7.1 RISING CASES OF LUNG CANCER TO PROPEL THE MARKET FOR BRONCHOSCOPY APPLICATIONS 122
TABLE 39 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR BRONCHOSCOPY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 123
7.8 ARTHROSCOPY 124
7.8.1 RISING SEDENTARY LIFESTYLES AND GROWING INCIDENCE OF JOINT DAMAGE TO DRIVES THE GROWTH OF THIS APPLICATION SEGMENT 124
TABLE 40 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR ARTHROSCOPY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 125
7.9 CARDIOLOGY 125
7.9.1 RISING PREVALENCE OF CVD COUPLED WITH THE INCREASING NUMBER OF CARDIOVASCULAR SURGERIES—KEY GROWTH DRIVERS FOR THIS APPLICATION SEGMENT 125
TABLE 41 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR CARDIOLOGY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 126
7.10 NEUROLOGY 127
7.10.1 INCREASING NUMBER OF NEUROENDOSCOPY PROCEDURES TO DRIVE GROWTH IN THE NEUROLOGY APPLICATION SEGMENT 127
TABLE 42 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR NEUROLOGY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 128
7.11 OTOSCOPY 128
7.11.1 RISING INCIDENCE OF ENT-RELATED DISEASES BOOSTING THE DEMAND FOR OTOSCOPY APPLICATIONS 128
TABLE 43 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR OTOSCOPY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 129
7.12 DENTISTRY 129
7.12.1 INCREASING NUMBER OF DENTAL SURGICAL PROCEDURES TO DRIVE MARKET GROWTH 129
TABLE 44 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR DENTISTRY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 130
7.13 OTHER APPLICATIONS 131
TABLE 45 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 132
8 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY END USER 133
8.1 INTRODUCTION 134
TABLE 46 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY END USER, 2018–2025 (USD MILLION) 134
8.2 IMPACT OF COVID-19 ON THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY END USER 134
8.3 HOSPITALS 134
8.3.1 HOSPITALS ARE THE LARGEST END USERS OF FLUID MANAGEMENT SYSTEMS AND ACCESSORIES 134
TABLE 47 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR HOSPITALS, BY COUNTRY, 2018–2025 (USD MILLION) 135
8.4 DIALYSIS CENTERS 135
8.4.1 RISING PREVALENCE OF ESRD AND INCREASING NUMBER OF DIALYSIS CENTERS TO DRIVE MARKET GROWTH 135
TABLE 48 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR DIALYSIS CENTERS, BY COUNTRY, 2018–2025 (USD MILLION) 136
8.5 AMBULATORY SURGICAL CENTERS 137
8.5.1 INCREASING NUMBER OF AMBULATORY SURGICAL CENTERS TO DRIVE THE DEMAND FOR FLUID MANAGEMENT SYSTEMS AND ACCESSORIES 137
TABLE 49 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR AMBULATORY SURGICAL CENTERS, BY COUNTRY,
2018–2025 (USD MILLION) 138
8.6 OTHER END USERS 138
TABLE 50 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR OTHER END USERS, BY COUNTRY, 2018–2025 (USD MILLION) 139
9 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY REGION 140
9.1 INTRODUCTION 141
TABLE 51 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY REGION, 2018–2025 (USD MILLION) 141
FIGURE 30 GEOGRAPHIC SNAPSHOT—EMERGING COUNTRIES EXPECTED TO GROW AT THE HIGHEST RATE IN THE FORECAST PERIOD 142
9.2 NORTH AMERICA 142
FIGURE 31 NORTH AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET SNAPSHOT 143
TABLE 52 NORTH AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 144
TABLE 53 NORTH AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 144
TABLE 54 NORTH AMERICA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 144
TABLE 55 NORTH AMERICA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET,
BY TYPE, 2018–2025 (USD MILLION) 145
TABLE 56 NORTH AMERICA: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 145
TABLE 57 NORTH AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 146
TABLE 58 NORTH AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY END USER, 2018–2025 (USD MILLION) 146
9.2.1 NORTH AMERICA: IMPACT OF COVID-19 ON THE FLUID MANAGEMENT SYSTEMS MARKET 147
9.2.2 US 147
9.2.2.1 The US holds a major share in the fluid management systems and accessories market 147
TABLE 59 US: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 148
TABLE 60 US: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 148
TABLE 61 US: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 149
TABLE 62 US: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 149
TABLE 63 US: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 150
TABLE 64 US: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 150
9.2.3 CANADA 151
9.2.3.1 Growing incidence of chronic diseases such as ESRD and cancer to support market growth in Canada 151
TABLE 65 CANADA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 151
TABLE 66 CANADA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 152
TABLE 67 CANADA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 152
TABLE 68 CANADA: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 153
TABLE 69 CANADA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 153
TABLE 70 CANADA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 154
9.3 EUROPE 154
TABLE 71 EUROPE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 155
TABLE 72 EUROPE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 155
TABLE 73 EUROPE: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 156
TABLE 74 EUROPE: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 156
TABLE 75 EUROPE: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 157
TABLE 76 EUROPE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 157
TABLE 77 EUROPE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 158
9.3.1 EUROPE: IMPACT OF COVID-19 ON THE FLUID MANAGEMENT SYSTEMS MARKET 158
9.3.2 GERMANY 158
9.3.2.1 Germany to dominate the European market for fluid management systems during the forecast period 158
TABLE 78 GERMANY: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 159
TABLE 79 GERMANY: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 159
TABLE 80 GERMANY: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 160
TABLE 81 GERMANY: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 160
TABLE 82 GERMANY: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 161
TABLE 83 GERMANY: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 161
9.3.3 FRANCE 162
9.3.3.1 Favorable health insurance system to drive the market for fluid management systems in the coming years 162
TABLE 84 FRANCE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 162
TABLE 85 FRANCE: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 163
TABLE 86 FRANCE: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 163
TABLE 87 FRANCE: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 164
TABLE 88 FRANCE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 164
TABLE 89 FRANCE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 165
9.3.4 UK 165
9.3.4.1 Increasing prevalence of CKD to drive the market for fluid management systems in the UK 165
TABLE 90 UK: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 166
TABLE 91 UK: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 166
TABLE 92 UK: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 166
TABLE 93 UK: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 167
TABLE 94 UK: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 167
TABLE 95 UK: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 168
9.3.5 ITALY 168
9.3.5.1 Growing cancer incidence and the number of related diagnostic and therapeutic surgical procedures to drive market growth 168
TABLE 96 ITALY: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 168
TABLE 97 ITALY: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 169
TABLE 98 ITALY: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 169
TABLE 99 ITALY: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 170
TABLE 100 ITALY: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 170
TABLE 101 ITALY: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 171
9.3.6 SPAIN 171
9.3.6.1 Increasing geriatric population coupled with the increasing number of surgical procedures to drive market growth 171
TABLE 102 SPAIN: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 172
TABLE 103 SPAIN: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 172
TABLE 104 SPAIN: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 172
TABLE 105 SPAIN: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 173
TABLE 106 SPAIN: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 173
TABLE 107 SPAIN: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 174
9.3.7 REST OF EUROPE 174
TABLE 108 ROE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 174
TABLE 109 ROE: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 175
TABLE 110 ROE: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 175
TABLE 111 ROE: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 176
TABLE 112 ROE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 176
TABLE 113 ROE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 177
9.4 ASIA PACIFIC 177
FIGURE 32 APAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET SNAPSHOT 178
TABLE 114 APAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 179
TABLE 115 APAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 179
TABLE 116 APAC: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 179
TABLE 117 APAC: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 180
TABLE 118 APAC: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 180
TABLE 119 APAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 181
TABLE 120 APAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 181
9.4.1 ASIA PACIFIC: IMPACT OF COVID-19 ON THE FLUID MANAGEMENT SYSTEMS MARKET 182
9.4.2 CHINA 182
9.4.2.1 Large patient population and healthcare infrastructure improvements to drive the market growth in China 182
TABLE 121 CHINA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 183
TABLE 122 CHINA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 183
TABLE 123 CHINA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 184
TABLE 124 CHINA: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 184
TABLE 125 CHINA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 185
TABLE 126 CHINA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 185
9.4.3 JAPAN 186
9.4.3.1 High prevalence of ESRD to support market growth in Japan 186
TABLE 127 JAPAN: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 186
TABLE 128 JAPAN: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 187
TABLE 129 JAPAN: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 187
TABLE 130 JAPAN: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 188
TABLE 131 JAPAN: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 188
TABLE 132 JAPAN: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 189
9.4.4 INDIA 189
9.4.4.1 Healthcare infrastructural improvements and implementation of favorable government initiatives support the market in India 189
TABLE 133 INDIA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 190
TABLE 134 INDIA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 190
TABLE 135 INDIA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 191
TABLE 136 INDIA: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 191
TABLE 137 INDIA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 192
TABLE 138 INDIA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 192
9.4.5 REST OF APAC 193
TABLE 139 ROAPAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 194
TABLE 140 ROAPAC: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 194
TABLE 141 ROAPAC: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 194
TABLE 142 ROAPAC: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 195
TABLE 143 ROAPAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 195
TABLE 144 ROAPAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 196
9.5 LATIN AMERICA 196
TABLE 145 LATIN AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 196
TABLE 146 LATIN AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY PRODUCT, 2018–2025 (USD MILLION) 197
TABLE 147 LATIN AMERICA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 197
TABLE 148 LATIN AMERICA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET,
BY TYPE, 2018–2025 (USD MILLION) 198
TABLE 149 LATIN AMERICA: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 198
TABLE 150 LATIN AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 199
TABLE 151 LATIN AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY END USER, 2018–2025 (USD MILLION) 199
9.5.1 BRAZIL 200
9.5.1.1 Brazil dominates the fluid management systems and accessories market in Latin America 200
TABLE 152 BRAZIL: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 200
TABLE 153 BRAZIL: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 200
TABLE 154 BRAZIL: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 201
TABLE 155 BRAZIL: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 201
TABLE 156 BRAZIL: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 202
TABLE 157 BRAZIL: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 202
9.5.2 MEXICO 203
9.5.2.1 Growing patient pool and increasing awareness about fluid management systems drives market growth in Mexico 203
TABLE 158 MEXICO: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 203
TABLE 159 MEXICO: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 203
TABLE 160 MEXICO: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 204
TABLE 161 MEXICO: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 204
TABLE 162 MEXICO: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 205
TABLE 163 MEXICO: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 205
9.5.3 REST OF LATIN AMERICA 206
TABLE 164 ROLA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 206
TABLE 165 ROLA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 207
TABLE 166 ROLA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 207
TABLE 167 ROLA: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 208
TABLE 168 ROLA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 208
TABLE 169 ROLA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 209
9.6 MIDDLE EAST AND AFRICA 209
9.6.1 INITIATIVES TO ENHANCE HEALTHCARE ACCESSIBILITY MAY SUPPORT MARKET GROWTH 209
TABLE 170 MEA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 210
TABLE 171 MEA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 210
TABLE 172 MEA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 210
TABLE 173 MEA: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 211
TABLE 174 MEA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 211
TABLE 175 MEA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 212
10 COMPETITIVE LANDSCAPE 213
10.1 OVERVIEW 213
FIGURE 33 KEY DEVELOPMENTS IN THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, 2017–2020 213
FIGURE 34 MARKET EVALUATION FRAMEWORK: MARKET WITNESSED MORE THAN 10 PRODUCT LAUNCHES BETWEEN 2017 AND 2020 214
10.2 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS 214
FIGURE 35 REVENUE SHARE ANALYSIS OF TOP 5 PLAYERS, 2016–2019 214
10.3 GEOGRAPHICAL ASSESSMENT OF MAJOR PLAYERS IN THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 215
FIGURE 36 GEOGRAPHIC REVENUE MIX: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET (2019) 215
10.4 COMPETITIVE ASSESSMENT OF THE R&D EXPENDITURE 216
FIGURE 37 R&D EXPENDITURE OF THE MAJOR PLAYERS IN THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, 2017–2019 216
10.5 COMPETITIVE SITUATION AND TRENDS 216
10.5.1 PRODUCT LAUNCHES 216
TABLE 176 RECENT PRODUCT LAUNCHES, 2019–2020 216
10.5.2 PRODUCT APPROVALS 217
TABLE 177 RECENT PRODUCT APPROVALS, 2019–2020 217
10.5.3 EXPANSIONS 217
TABLE 178 RECENT EXPANSIONS, 2018–2020 217
10.5.4 ACQUISITIONS 218
TABLE 179 RECENT ACQUISITIONS, 2018–2019 218
10.5.5 AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS 218
TABLE 180 RECENT AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS,
2019–2020 218
11 COMPANY EVALUATION MATRIX AND COMPANY PROFILES 220
11.1 MARKET SHARE ANALYSIS 220
FIGURE 38 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET SHARE,
BY KEY PLAYER (2019) 220
11.2 COMPANY EVALUATION MATRIX: DEFINITIONS AND METHODOLOGY 221
11.2.1 COMPETITIVE LEADERSHIP MAPPING 221
11.2.1.1 Stars 221
11.2.1.2 Emerging leaders 221
11.2.1.3 Pervasive players 222
11.2.1.4 Participants 222
FIGURE 39 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: COMPANY EVALUATION MATRIX, 2019 222
11.2.2 COMPETITIVE LEADERSHIP MAPPING FOR START-UPS (2019) 223
11.2.2.1 Progressive companies 223
11.2.2.2 Dynamic companies 223
11.2.2.3 Starting blocks 223
11.2.2.4 Responsive companies 223
FIGURE 40 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: START-UP COMPANY EVALUATION MATRIX, 2019 224
11.3 COMPANY PROFILES 225
(Business overview, Products offered, Recent developments, MNM view)*
11.3.1 FRESENIUS MEDICAL CARE AG & CO. KGAA 225
FIGURE 41 COMPANY SNAPSHOT: FRESENIUS MEDICAL CARE AG & CO. KGAA 225
11.3.2 BAXTER INTERNATIONAL INC. 230
FIGURE 42 COMPANY SNAPSHOT: BAXTER INTERNATIONAL INC. 230
11.3.3 B. BRAUN MELSUNGEN AG 234
FIGURE 43 COMPANY SNAPSHOT: B. BRAUN MELSUNGEN AG 234
11.3.4 STRYKER CORPORATION 241
FIGURE 44 COMPANY SNAPSHOT: STRYKER CORPORATION 241
11.3.5 ECOLAB INC. 244
FIGURE 45 COMPANY SNAPSHOT: ECOLAB INC. 244
11.3.6 CARDINAL HEALTH, INC. 246
FIGURE 46 COMPANY SNAPSHOT: CARDINAL HEALTH 246
11.3.7 OLYMPUS CORPORATION 249
FIGURE 47 COMPANY SNAPSHOT: OLYMPUS CORPORATION 249
11.3.8 SMITHS MEDICAL (A DIVISION OF SMITHS GROUP PLC) 251
FIGURE 48 COMPANY SNAPSHOT: SMITHS GROUP PLC 251
11.3.9 ZIMMER BIOMET HOLDINGS, INC. 254
FIGURE 49 COMPANY SNAPSHOT: ZIMMER BIOMET HOLDINGS, INC. 254
11.3.10 MEDTRONIC PLC 256
FIGURE 50 COMPANY SNAPSHOT: MEDTRONIC PLC 256
11.3.11 FUJIFILM HOLDINGS CORPORATION 259
FIGURE 51 COMPANY SNAPSHOT: FUJIFILM HOLDINGS CORPORATION 259
11.3.12 CONMED CORPORATION 261
FIGURE 52 COMPANY SNAPSHOT: CONMED CORPORATION 261
11.3.13 HOLOGIC, INC. 263
FIGURE 53 COMPANY SNAPSHOT: HOLOGIC, INC. 263
11.3.14 SMITH & NEPHEW PLC 265
FIGURE 54 COMPANY SNAPSHOT: SMITH & NEPHEW PLC 265
11.3.15 KARL STORZ GMBH & CO. KG 267
11.3.16 ARTHREX, INC. 268
11.3.17 THERMEDX, LLC 270
11.3.18 ENDOMED SYSTEMS GMBH 271
11.3.19 COMEG MEDICAL TECHNOLOGIES 272
11.3.20 MEDLINE INDUSTRIES, INC. 273
*Business overview, Products offered, Recent developments, MNM view might not be captured in case of unlisted companies.
12 APPENDIX 274
12.1 INSIGHTS OF INDUSTRY EXPERTS 274
12.2 DISCUSSION GUIDE 275
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 280
12.4 AVAILABLE CUSTOMIZATIONS 282
12.5 RELATED REPORTS 282
12.6 AUTHOR DETAILS 283
TABLE OF CONTENTS
1 INTRODUCTION 34
1.1 OBJECTIVE OF THE STUDY 34
1.2 MARKET DEFINITION 34
1.2.1 INCLUSIONS AND EXCLUSIONS 34
1.3 MARKET SCOPE 35
1.3.1 MARKETS COVERED 35
1.3.2 YEARS CONSIDERED FOR THE STUDY 36
1.4 CURRENCY 36
1.4.1 EXCHANGE RATES UTILIZED FOR THE CONVERSION TO USD 36
1.5 LIMITATIONS 36
1.6 STAKEHOLDERS 37
1.7 SUMMARY OF CHANGES 37
2 RESEARCH METHODOLOGY 39
2.1 RESEARCH APPROACH 39
FIGURE 1 RESEARCH DESIGN 39
2.1.1 SECONDARY DATA 39
2.1.1.1 Key data from secondary sources 41
2.1.2 PRIMARY DATA 41
FIGURE 2 PRIMARY SOURCES 41
2.1.2.1 Key data from primary sources 42
2.1.2.2 Breakdown of primaries 43
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE):
BY COMPANY TYPE, DESIGNATION, AND REGION 43
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (DEMAND SIDE):
BY END USER, DESIGNATION, AND REGION 43
2.2 MARKET SIZE ESTIMATION 44
FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS (2019) 44
FIGURE 6 REVENUE SHARE ANALYSIS ILLUSTRATION: FRESENIUS MEDICAL CARE 45
FIGURE 7 SUPPLY-SIDE ANALYSIS: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET (2019) 46
FIGURE 8 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS OF THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET (2019) 47
FIGURE 9 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET (2020–2025) 48
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 49
FIGURE 10 DATA TRIANGULATION METHODOLOGY 49
2.4 MARKET SHARE ESTIMATION 50
2.5 ASSUMPTIONS FOR THE STUDY 50
2.6 COVID-19 HEALTH ASSESSMENT 51
2.7 COVID-19 ECONOMIC ASSESSMENT 51
2.8 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO 51
FIGURE 11 CRITERIA IMPACTING THE GLOBAL ECONOMY 52
FIGURE 12 RECOVERY SCENARIO OF THE GLOBAL ECONOMY 53
2.9 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO IN
THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 54
3 EXECUTIVE SUMMARY 55
FIGURE 13 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY PRODUCT, 2020 VS. 2025 (USD MILLION) 55
FIGURE 14 FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2020 VS. 2025 (USD MILLION) 56
FIGURE 15 STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2020 VS. 2025 (USD MILLION) 57
FIGURE 16 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2020 VS. 2025 (USD MILLION) 58
FIGURE 17 GEOGRAPHIC SNAPSHOT: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 59
4 PREMIUM INSIGHTS 61
4.1 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES: MARKET OVERVIEW 61
FIGURE 18 INCREASING NUMBER OF MINIMALLY INVASIVE SURGERIES IS PROPELLING THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 61
4.2 ASIA PACIFIC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER 62
FIGURE 19 HOSPITALS WILL CONTINUE TO DOMINATE THE ASIA PACIFIC FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET BY 2025 62
4.3 GEOGRAPHIC SNAPSHOT: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 63
FIGURE 20 CHINA TO REGISTER THE HIGHEST CAGR OF 17.2% DURING THE FORECAST PERIOD 63
4.4 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: DEVELOPED VS. DEVELOPING MARKETS 64
FIGURE 21 DEVELOPING MARKETS TO REGISTER HIGHER GROWTH RATES DURING
THE FORECAST PERIOD 64
4.5 REGIONAL MIX: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 65
FIGURE 22 APAC TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 65
5 MARKET OVERVIEW 66
5.1 INTRODUCTION 66
5.2 MARKET DYNAMICS 66
FIGURE 23 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 66
5.2.1 MARKET DYNAMICS: IMPACT ANALYSIS 67
5.2.2 DRIVERS 67
5.2.2.1 Rising number of minimally invasive surgeries 67
TABLE 1 MINIMALLY INVASIVE SURGICAL PROCEDURES, BY COUNTRY, 2014 VS 2016 68
5.2.2.2 Increasing ESRD patient base 68
FIGURE 24 NUMBER OF PATIENTS WITH RENAL DISORDERS, BY TREATMENT TYPE 69
5.2.2.3 Technological advancements in fluid management systems 69
TABLE 2 PRODUCT LAUNCHES, BY COMPANY, 2016–2020 69
5.2.2.4 Government funds and grants for endosurgical procedures 70
5.2.2.5 Rising number of hospitals and investments in endoscopy and laparoscopy facilities 71
5.2.3 RESTRAINTS 71
5.2.3.1 High cost of endosurgical procedures 71
5.2.3.2 Lack of consumer awareness 71
5.2.4 OPPORTUNITIES 72
5.2.4.1 Untapped potential in emerging markets 72
5.2.4.2 Single-use disposable devices and accessories 72
5.2.5 CHALLENGES 73
5.2.5.1 Dearth of surgeons worldwide 73
TABLE 3 US: TOTAL NUMBER OF SURGEONS (2010-2017) 73
5.3 INDUSTRY TRENDS 74
5.3.1 SHIFT TOWARD INTEGRATED FLUID MANAGEMENT SYSTEMS 74
5.3.2 ADVANCEMENTS IN DIALYZERS 74
FIGURE 25 TECHNOLOGICAL ADVANCEMENTS, 2005–2020 74
5.4 PRODUCT PORTFOLIO ANALYSIS 75
TABLE 4 PRODUCT PORTFOLIO ANALYSIS: FLUID MANAGEMENT SYSTEMS MARKET 75
5.5 COVID-19 IMPACT ON THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 76
5.6 PORTER’S FIVE FORCES ANALYSIS 77
FIGURE 26 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: PORTER’S FIVE FORCES ANALYSIS (2019) 77
TABLE 5 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: PORTER’S FIVE FORCES ANALYSIS (2019) 78
5.6.1 THREAT FROM NEW ENTRANTS 78
5.6.2 THREAT FROM SUBSTITUTES 79
5.6.3 BARGAINING POWER OF SUPPLIERS 79
5.6.4 BARGAINING POWER OF BUYERS 79
5.6.5 INTENSITY OF COMPETITIVE RIVALRY 79
5.7 VALUE CHAIN ANALYSIS 80
FIGURE 27 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: VALUE CHAIN ANALYSIS (2019) 80
5.8 ECOSYSTEM ANALYSIS 80
FIGURE 28 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: ECOSYSTEM ANALYSIS (2019) 81
5.9 REGULATORY ANALYSIS 81
FIGURE 29 KEY REGULATORY BODIES INVOLVED IN THE APPROVAL OF NEW DIALYSIS PRODUCTS 81
5.9.1 NORTH AMERICA 82
5.9.1.1 US 82
5.9.1.2 Canada 82
5.9.2 EUROPE 82
5.9.3 ASIA PACIFIC 82
5.9.3.1 India 82
5.9.3.2 China 83
5.9.3.3 Japan 83
5.9.4 LATIN AMERICA 83
5.9.4.1 Brazil 83
5.9.4.2 Mexico 84
5.9.5 MIDDLE EAST AND AFRICA 84
5.9.5.1 Middle East 84
5.9.5.2 Africa 84
5.10 AVERAGE SELLING PRICE OF FLUID MANAGEMENT SYSTEMS 85
TABLE 6 AVERAGE SELLING PRICE OF FLUID MANAGEMENT SYSTEMS, BY REGION (2019) 85
6 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY PRODUCT 86
6.1 INTRODUCTION 87
TABLE 7 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY PRODUCT, 2018–2025 (USD MILLION) 87
TABLE 8 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 88
6.2 IMPACT OF COVID-19 ON THE FLUID MANAGEMENT SYSTEMS MARKET, BY PRODUCT 88
6.3 FLUID MANAGEMENT SYSTEMS 89
TABLE 9 FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 89
TABLE 10 FLUID MANAGEMENT SYSTEMS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 90
6.3.1 STANDALONE FLUID MANAGEMENT SYSTEMS 90
TABLE 11 STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 91
TABLE 12 STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 92
6.3.1.1 Dialyzers 92
6.3.1.1.1 Increasing prevalence of chronic kidney disease and ESRD drives growth in the dialyzers market 92
TABLE 13 DIALYZERS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 93
TABLE 14 DIALYZERS MARKET, BY REGION, 2018–2025 (MILLION UNITS) 94
6.3.1.2 Insufflators 94
6.3.1.2.1 Increasing volume of laparoscopic procedures to boost the demand for insufflators 94
TABLE 15 INSUFFLATORS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 95
TABLE 16 INSUFFLATORS MARKET, BY REGION, 2018–2025 (UNITS) 95
6.3.1.3 Suction/evacuation and irrigation systems 96
6.3.1.3.1 Rising volume of endoscopic and laparoscopic procedures to drive growth in this segment 96
TABLE 17 SUCTION/EVACUATION AND IRRIGATION SYSTEMS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 97
6.3.1.4 Fluid waste management systems 97
6.3.1.4.1 Growing risk of exposure to infectious agents and toxic substances during surgery to drive the demand for these devices 97
TABLE 18 FLUID WASTE MANAGEMENT SYSTEMS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 98
6.3.1.5 Fluid warming systems 98
6.3.1.5.1 Fluid warming systems are used for the administration of normothermic fluids to reduce the occurrence of hypothermia 98
TABLE 19 FLUID WARMING SYSTEMS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 99
6.3.1.6 Other standalone fluid management systems 99
TABLE 20 OTHER STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 100
6.3.2 INTEGRATED FLUID MANAGEMENT SYSTEMS 100
6.3.2.1 Increasing number of endoscopic and laparoscopic surgical procedures worldwide to drive the growth of this segment 100
TABLE 21 INTEGRATED FLUID MANAGEMENT SYSTEMS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 101
6.4 FLUID MANAGEMENT DISPOSABLES & ACCESSORIES 101
TABLE 22 FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 102
TABLE 23 FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET, BY COUNTRY, 2020–2025 (USD MILLION) 103
6.4.1 CATHETERS 103
6.4.1.1 Rising popularity of interventional and minimally invasive procedures to drive market growth 103
TABLE 24 CATHETERS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 104
6.4.2 BLOODLINES 104
6.4.2.1 Increasing number of ESRD patients and rising hemodialysis procedures drive demand for bloodlines 104
TABLE 25 BLOODLINES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 105
6.4.3 TUBING SETS 105
6.4.3.1 Disposable tubing sets are widely adopted to avoid the risk of contamination in surgical procedures 105
TABLE 26 TUBING SETS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 106
6.4.4 PRESSURE MONITORING LINES 106
6.4.4.1 Pressure monitoring lines are used for the measurement and control of pressure of several body fluids, including blood and CSF 106
TABLE 27 PRESSURE MONITORING LINES MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 107
6.4.5 PRESSURE TRANSDUCERS 107
6.4.5.1 Increase in the usage of disposable pressure transducers to reduce contamination is a key driving factor 107
TABLE 28 PRESSURE TRANSDUCERS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 108
6.4.6 VALVES, CONNECTORS, AND FITTINGS 108
6.4.6.1 Increasing demand for disposable valves, connectors, and fittings to prevent the risks associated with infectious fluid waste is a major market driver 108
TABLE 29 VALVES, CONNECTORS, AND FITTINGS MARKET, BY COUNTRY,
2018–2025 (USD MILLION) 109
6.4.7 SUCTION CANISTERS 109
6.4.7.1 Suction canisters are used for the collection, retention, and disposal of irrigation fluids 109
TABLE 30 SUCTION CANISTERS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 110
6.4.8 CANNULAS 110
6.4.8.1 Growing demand for minimally invasive procedures and the increasing number of surgeries worldwide drive growth in this segment 110
TABLE 31 CANNULAS MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 111
6.4.9 OTHER FLUID MANAGEMENT DISPOSABLES & ACCESSORIES 111
TABLE 32 OTHER FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 112
7 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION 113
7.1 INTRODUCTION 114
TABLE 33 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 114
7.2 IMPACT OF COVID-19 ON THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY APPLICATION 115
7.3 UROLOGY AND NEPHROLOGY 115
7.3.1 GROWING NUMBER OF DIALYSIS PROCEDURES TO DRIVE THE MARKET FOR UROLOGY AND NEPHROLOGY APPLICATIONS 115
TABLE 34 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR UROLOGY AND NEPHROLOGY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 117
7.4 LAPAROSCOPY 117
7.4.1 GRADUAL SHIFT TOWARDS MINIMALLY INVASIVE PROCEDURES TO BOOST GROWTH IN THIS APPLICATION SEGMENT 117
TABLE 35 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR LAPAROSCOPY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 119
7.5 GASTROENTEROLOGY 119
7.5.1 INCREASING INCIDENCE OF GASTROENTEROLOGICAL CANCER TO DRIVE THE MARKET FOR GASTROENTEROLOGY APPLICATIONS 119
TABLE 36 ESTIMATED NEW CANCER CASES AND DEATHS IN THE US, 2015 VS. 2020 120
TABLE 37 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR GASTROENTEROLOGY APPLICATIONS, BY COUNTRY,
2018–2025 (USD MILLION) 121
7.6 GYNECOLOGY/OBSTETRICS 121
7.6.1 GROWING INCIDENCE OF FIBROIDS AND POLYPS IN WOMEN TO DRIVE GROWTH IN THIS APPLICATION SEGMENT 121
TABLE 38 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR GYNECOLOGY/ OBSTETRICS APPLICATIONS, BY COUNTRY,
2018–2025 (USD MILLION) 122
7.7 BRONCHOSCOPY 122
7.7.1 RISING CASES OF LUNG CANCER TO PROPEL THE MARKET FOR BRONCHOSCOPY APPLICATIONS 122
TABLE 39 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR BRONCHOSCOPY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 123
7.8 ARTHROSCOPY 124
7.8.1 RISING SEDENTARY LIFESTYLES AND GROWING INCIDENCE OF JOINT DAMAGE TO DRIVES THE GROWTH OF THIS APPLICATION SEGMENT 124
TABLE 40 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR ARTHROSCOPY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 125
7.9 CARDIOLOGY 125
7.9.1 RISING PREVALENCE OF CVD COUPLED WITH THE INCREASING NUMBER OF CARDIOVASCULAR SURGERIES—KEY GROWTH DRIVERS FOR THIS APPLICATION SEGMENT 125
TABLE 41 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR CARDIOLOGY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 126
7.10 NEUROLOGY 127
7.10.1 INCREASING NUMBER OF NEUROENDOSCOPY PROCEDURES TO DRIVE GROWTH IN THE NEUROLOGY APPLICATION SEGMENT 127
TABLE 42 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR NEUROLOGY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 128
7.11 OTOSCOPY 128
7.11.1 RISING INCIDENCE OF ENT-RELATED DISEASES BOOSTING THE DEMAND FOR OTOSCOPY APPLICATIONS 128
TABLE 43 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR OTOSCOPY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 129
7.12 DENTISTRY 129
7.12.1 INCREASING NUMBER OF DENTAL SURGICAL PROCEDURES TO DRIVE MARKET GROWTH 129
TABLE 44 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR DENTISTRY APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 130
7.13 OTHER APPLICATIONS 131
TABLE 45 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2018–2025 (USD MILLION) 132
8 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY END USER 133
8.1 INTRODUCTION 134
TABLE 46 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY END USER, 2018–2025 (USD MILLION) 134
8.2 IMPACT OF COVID-19 ON THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY END USER 134
8.3 HOSPITALS 134
8.3.1 HOSPITALS ARE THE LARGEST END USERS OF FLUID MANAGEMENT SYSTEMS AND ACCESSORIES 134
TABLE 47 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR HOSPITALS, BY COUNTRY, 2018–2025 (USD MILLION) 135
8.4 DIALYSIS CENTERS 135
8.4.1 RISING PREVALENCE OF ESRD AND INCREASING NUMBER OF DIALYSIS CENTERS TO DRIVE MARKET GROWTH 135
TABLE 48 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR DIALYSIS CENTERS, BY COUNTRY, 2018–2025 (USD MILLION) 136
8.5 AMBULATORY SURGICAL CENTERS 137
8.5.1 INCREASING NUMBER OF AMBULATORY SURGICAL CENTERS TO DRIVE THE DEMAND FOR FLUID MANAGEMENT SYSTEMS AND ACCESSORIES 137
TABLE 49 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR AMBULATORY SURGICAL CENTERS, BY COUNTRY,
2018–2025 (USD MILLION) 138
8.6 OTHER END USERS 138
TABLE 50 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET FOR OTHER END USERS, BY COUNTRY, 2018–2025 (USD MILLION) 139
9 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY REGION 140
9.1 INTRODUCTION 141
TABLE 51 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY REGION, 2018–2025 (USD MILLION) 141
FIGURE 30 GEOGRAPHIC SNAPSHOT—EMERGING COUNTRIES EXPECTED TO GROW AT THE HIGHEST RATE IN THE FORECAST PERIOD 142
9.2 NORTH AMERICA 142
FIGURE 31 NORTH AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET SNAPSHOT 143
TABLE 52 NORTH AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 144
TABLE 53 NORTH AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 144
TABLE 54 NORTH AMERICA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 144
TABLE 55 NORTH AMERICA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET,
BY TYPE, 2018–2025 (USD MILLION) 145
TABLE 56 NORTH AMERICA: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 145
TABLE 57 NORTH AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 146
TABLE 58 NORTH AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY END USER, 2018–2025 (USD MILLION) 146
9.2.1 NORTH AMERICA: IMPACT OF COVID-19 ON THE FLUID MANAGEMENT SYSTEMS MARKET 147
9.2.2 US 147
9.2.2.1 The US holds a major share in the fluid management systems and accessories market 147
TABLE 59 US: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 148
TABLE 60 US: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 148
TABLE 61 US: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 149
TABLE 62 US: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 149
TABLE 63 US: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 150
TABLE 64 US: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 150
9.2.3 CANADA 151
9.2.3.1 Growing incidence of chronic diseases such as ESRD and cancer to support market growth in Canada 151
TABLE 65 CANADA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 151
TABLE 66 CANADA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 152
TABLE 67 CANADA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 152
TABLE 68 CANADA: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 153
TABLE 69 CANADA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 153
TABLE 70 CANADA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 154
9.3 EUROPE 154
TABLE 71 EUROPE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 155
TABLE 72 EUROPE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 155
TABLE 73 EUROPE: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 156
TABLE 74 EUROPE: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 156
TABLE 75 EUROPE: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 157
TABLE 76 EUROPE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 157
TABLE 77 EUROPE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 158
9.3.1 EUROPE: IMPACT OF COVID-19 ON THE FLUID MANAGEMENT SYSTEMS MARKET 158
9.3.2 GERMANY 158
9.3.2.1 Germany to dominate the European market for fluid management systems during the forecast period 158
TABLE 78 GERMANY: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 159
TABLE 79 GERMANY: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 159
TABLE 80 GERMANY: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 160
TABLE 81 GERMANY: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 160
TABLE 82 GERMANY: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 161
TABLE 83 GERMANY: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 161
9.3.3 FRANCE 162
9.3.3.1 Favorable health insurance system to drive the market for fluid management systems in the coming years 162
TABLE 84 FRANCE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 162
TABLE 85 FRANCE: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 163
TABLE 86 FRANCE: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 163
TABLE 87 FRANCE: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 164
TABLE 88 FRANCE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 164
TABLE 89 FRANCE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 165
9.3.4 UK 165
9.3.4.1 Increasing prevalence of CKD to drive the market for fluid management systems in the UK 165
TABLE 90 UK: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 166
TABLE 91 UK: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 166
TABLE 92 UK: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 166
TABLE 93 UK: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 167
TABLE 94 UK: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 167
TABLE 95 UK: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 168
9.3.5 ITALY 168
9.3.5.1 Growing cancer incidence and the number of related diagnostic and therapeutic surgical procedures to drive market growth 168
TABLE 96 ITALY: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 168
TABLE 97 ITALY: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 169
TABLE 98 ITALY: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 169
TABLE 99 ITALY: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 170
TABLE 100 ITALY: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 170
TABLE 101 ITALY: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 171
9.3.6 SPAIN 171
9.3.6.1 Increasing geriatric population coupled with the increasing number of surgical procedures to drive market growth 171
TABLE 102 SPAIN: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 172
TABLE 103 SPAIN: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 172
TABLE 104 SPAIN: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 172
TABLE 105 SPAIN: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 173
TABLE 106 SPAIN: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 173
TABLE 107 SPAIN: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 174
9.3.7 REST OF EUROPE 174
TABLE 108 ROE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 174
TABLE 109 ROE: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 175
TABLE 110 ROE: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 175
TABLE 111 ROE: FLUID MANAGEMENT DISPOSABLES & ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 176
TABLE 112 ROE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 176
TABLE 113 ROE: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 177
9.4 ASIA PACIFIC 177
FIGURE 32 APAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET SNAPSHOT 178
TABLE 114 APAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY COUNTRY, 2018–2025 (USD MILLION) 179
TABLE 115 APAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 179
TABLE 116 APAC: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 179
TABLE 117 APAC: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 180
TABLE 118 APAC: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 180
TABLE 119 APAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 181
TABLE 120 APAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 181
9.4.1 ASIA PACIFIC: IMPACT OF COVID-19 ON THE FLUID MANAGEMENT SYSTEMS MARKET 182
9.4.2 CHINA 182
9.4.2.1 Large patient population and healthcare infrastructure improvements to drive the market growth in China 182
TABLE 121 CHINA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 183
TABLE 122 CHINA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 183
TABLE 123 CHINA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 184
TABLE 124 CHINA: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 184
TABLE 125 CHINA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 185
TABLE 126 CHINA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 185
9.4.3 JAPAN 186
9.4.3.1 High prevalence of ESRD to support market growth in Japan 186
TABLE 127 JAPAN: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 186
TABLE 128 JAPAN: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 187
TABLE 129 JAPAN: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 187
TABLE 130 JAPAN: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 188
TABLE 131 JAPAN: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 188
TABLE 132 JAPAN: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 189
9.4.4 INDIA 189
9.4.4.1 Healthcare infrastructural improvements and implementation of favorable government initiatives support the market in India 189
TABLE 133 INDIA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 190
TABLE 134 INDIA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 190
TABLE 135 INDIA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 191
TABLE 136 INDIA: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 191
TABLE 137 INDIA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 192
TABLE 138 INDIA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 192
9.4.5 REST OF APAC 193
TABLE 139 ROAPAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 194
TABLE 140 ROAPAC: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 194
TABLE 141 ROAPAC: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 194
TABLE 142 ROAPAC: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 195
TABLE 143 ROAPAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 195
TABLE 144 ROAPAC: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 196
9.5 LATIN AMERICA 196
TABLE 145 LATIN AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY COUNTRY, 2018–2025 (USD MILLION) 196
TABLE 146 LATIN AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY PRODUCT, 2018–2025 (USD MILLION) 197
TABLE 147 LATIN AMERICA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 197
TABLE 148 LATIN AMERICA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET,
BY TYPE, 2018–2025 (USD MILLION) 198
TABLE 149 LATIN AMERICA: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 198
TABLE 150 LATIN AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY APPLICATION, 2018–2025 (USD MILLION) 199
TABLE 151 LATIN AMERICA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, BY END USER, 2018–2025 (USD MILLION) 199
9.5.1 BRAZIL 200
9.5.1.1 Brazil dominates the fluid management systems and accessories market in Latin America 200
TABLE 152 BRAZIL: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 200
TABLE 153 BRAZIL: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 200
TABLE 154 BRAZIL: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 201
TABLE 155 BRAZIL: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 201
TABLE 156 BRAZIL: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 202
TABLE 157 BRAZIL: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 202
9.5.2 MEXICO 203
9.5.2.1 Growing patient pool and increasing awareness about fluid management systems drives market growth in Mexico 203
TABLE 158 MEXICO: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 203
TABLE 159 MEXICO: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 203
TABLE 160 MEXICO: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 204
TABLE 161 MEXICO: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET, BY TYPE, 2018–2025 (USD MILLION) 204
TABLE 162 MEXICO: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 205
TABLE 163 MEXICO: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 205
9.5.3 REST OF LATIN AMERICA 206
TABLE 164 ROLA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 206
TABLE 165 ROLA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 207
TABLE 166 ROLA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 207
TABLE 167 ROLA: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 208
TABLE 168 ROLA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 208
TABLE 169 ROLA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 209
9.6 MIDDLE EAST AND AFRICA 209
9.6.1 INITIATIVES TO ENHANCE HEALTHCARE ACCESSIBILITY MAY SUPPORT MARKET GROWTH 209
TABLE 170 MEA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY PRODUCT, 2018–2025 (USD MILLION) 210
TABLE 171 MEA: FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE,
2018–2025 (USD MILLION) 210
TABLE 172 MEA: STANDALONE FLUID MANAGEMENT SYSTEMS MARKET, BY TYPE, 2018–2025 (USD MILLION) 210
TABLE 173 MEA: FLUID MANAGEMENT DISPOSABLES AND ACCESSORIES MARKET,
BY TYPE, 2018–2025 (USD MILLION) 211
TABLE 174 MEA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY APPLICATION, 2018–2025 (USD MILLION) 211
TABLE 175 MEA: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET,
BY END USER, 2018–2025 (USD MILLION) 212
10 COMPETITIVE LANDSCAPE 213
10.1 OVERVIEW 213
FIGURE 33 KEY DEVELOPMENTS IN THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, 2017–2020 213
FIGURE 34 MARKET EVALUATION FRAMEWORK: MARKET WITNESSED MORE THAN 10 PRODUCT LAUNCHES BETWEEN 2017 AND 2020 214
10.2 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS 214
FIGURE 35 REVENUE SHARE ANALYSIS OF TOP 5 PLAYERS, 2016–2019 214
10.3 GEOGRAPHICAL ASSESSMENT OF MAJOR PLAYERS IN THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET 215
FIGURE 36 GEOGRAPHIC REVENUE MIX: FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET (2019) 215
10.4 COMPETITIVE ASSESSMENT OF THE R&D EXPENDITURE 216
FIGURE 37 R&D EXPENDITURE OF THE MAJOR PLAYERS IN THE FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET, 2017–2019 216
10.5 COMPETITIVE SITUATION AND TRENDS 216
10.5.1 PRODUCT LAUNCHES 216
TABLE 176 RECENT PRODUCT LAUNCHES, 2019–2020 216
10.5.2 PRODUCT APPROVALS 217
TABLE 177 RECENT PRODUCT APPROVALS, 2019–2020 217
10.5.3 EXPANSIONS 217
TABLE 178 RECENT EXPANSIONS, 2018–2020 217
10.5.4 ACQUISITIONS 218
TABLE 179 RECENT ACQUISITIONS, 2018–2019 218
10.5.5 AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS 218
TABLE 180 RECENT AGREEMENTS, PARTNERSHIPS, AND COLLABORATIONS,
2019–2020 218
11 COMPANY EVALUATION MATRIX AND COMPANY PROFILES 220
11.1 MARKET SHARE ANALYSIS 220
FIGURE 38 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET SHARE,
BY KEY PLAYER (2019) 220
11.2 COMPANY EVALUATION MATRIX: DEFINITIONS AND METHODOLOGY 221
11.2.1 COMPETITIVE LEADERSHIP MAPPING 221
11.2.1.1 Stars 221
11.2.1.2 Emerging leaders 221
11.2.1.3 Pervasive players 222
11.2.1.4 Participants 222
FIGURE 39 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: COMPANY EVALUATION MATRIX, 2019 222
11.2.2 COMPETITIVE LEADERSHIP MAPPING FOR START-UPS (2019) 223
11.2.2.1 Progressive companies 223
11.2.2.2 Dynamic companies 223
11.2.2.3 Starting blocks 223
11.2.2.4 Responsive companies 223
FIGURE 40 FLUID MANAGEMENT SYSTEMS AND ACCESSORIES MARKET: START-UP COMPANY EVALUATION MATRIX, 2019 224
11.3 COMPANY PROFILES 225
(Business overview, Products offered, Recent developments, MNM view)*
11.3.1 FRESENIUS MEDICAL CARE AG & CO. KGAA 225
FIGURE 41 COMPANY SNAPSHOT: FRESENIUS MEDICAL CARE AG & CO. KGAA 225
11.3.2 BAXTER INTERNATIONAL INC. 230
FIGURE 42 COMPANY SNAPSHOT: BAXTER INTERNATIONAL INC. 230
11.3.3 B. BRAUN MELSUNGEN AG 234
FIGURE 43 COMPANY SNAPSHOT: B. BRAUN MELSUNGEN AG 234
11.3.4 STRYKER CORPORATION 241
FIGURE 44 COMPANY SNAPSHOT: STRYKER CORPORATION 241
11.3.5 ECOLAB INC. 244
FIGURE 45 COMPANY SNAPSHOT: ECOLAB INC. 244
11.3.6 CARDINAL HEALTH, INC. 246
FIGURE 46 COMPANY SNAPSHOT: CARDINAL HEALTH 246
11.3.7 OLYMPUS CORPORATION 249
FIGURE 47 COMPANY SNAPSHOT: OLYMPUS CORPORATION 249
11.3.8 SMITHS MEDICAL (A DIVISION OF SMITHS GROUP PLC) 251
FIGURE 48 COMPANY SNAPSHOT: SMITHS GROUP PLC 251
11.3.9 ZIMMER BIOMET HOLDINGS, INC. 254
FIGURE 49 COMPANY SNAPSHOT: ZIMMER BIOMET HOLDINGS, INC. 254
11.3.10 MEDTRONIC PLC 256
FIGURE 50 COMPANY SNAPSHOT: MEDTRONIC PLC 256
11.3.11 FUJIFILM HOLDINGS CORPORATION 259
FIGURE 51 COMPANY SNAPSHOT: FUJIFILM HOLDINGS CORPORATION 259
11.3.12 CONMED CORPORATION 261
FIGURE 52 COMPANY SNAPSHOT: CONMED CORPORATION 261
11.3.13 HOLOGIC, INC. 263
FIGURE 53 COMPANY SNAPSHOT: HOLOGIC, INC. 263
11.3.14 SMITH & NEPHEW PLC 265
FIGURE 54 COMPANY SNAPSHOT: SMITH & NEPHEW PLC 265
11.3.15 KARL STORZ GMBH & CO. KG 267
11.3.16 ARTHREX, INC. 268
11.3.17 THERMEDX, LLC 270
11.3.18 ENDOMED SYSTEMS GMBH 271
11.3.19 COMEG MEDICAL TECHNOLOGIES 272
11.3.20 MEDLINE INDUSTRIES, INC. 273
*Business overview, Products offered, Recent developments, MNM view might not be captured in case of unlisted companies.
12 APPENDIX 274
12.1 INSIGHTS OF INDUSTRY EXPERTS 274
12.2 DISCUSSION GUIDE 275
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 280
12.4 AVAILABLE CUSTOMIZATIONS 282
12.5 RELATED REPORTS 282
12.6 AUTHOR DETAILS 283
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1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 33
1.2.1 CATEGORY-WISE INCLUSIONS AND EXCLUSIONS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 33
1.3 MARKET SCOPE 34
1.3.1 MARKETS COVERED 34
FIGURE 1 LATERAL FLOW ASSAY COMPONENTS MARKET SEGMENTATION 34
1.3.2 YEARS CONSIDERED FOR THE STUDY 35
1.4 CURRENCY 35
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 35
1.5 STAKEHOLDERS 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH APPROACH 36
FIGURE 2 RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 36
2.1.1.1 Key data from secondary sources 37
2.1.2 PRIMARY DATA 38
2.1.2.1 Primary sources 38
2.1.2.2 Key data from primary sources 39
2.1.2.3 Breakdown of primaries 39
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE):
BY COMPANY TYPE, DESIGNATION, AND REGION 39
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (DEMAND SIDE): BY END USER, DESIGNATION, AND REGION 40
2.2 MARKET SIZE ESTIMATION 40
FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS (2021) 41
FIGURE 6 SUPPLY-SIDE ANALYSIS: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 42
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 44
FIGURE 7 DATA TRIANGULATION METHODOLOGY 45
2.4 KEY INDUSTRY INSIGHTS 46
2.5 LIMITATIONS 46
2.5.1 METHODOLOGY-RELATED LIMITATIONS 46
2.6 RISK ASSESSMENT 47
2.7 ASSUMPTIONS FOR THE STUDY 47
3 EXECUTIVE SUMMARY 48
FIGURE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2022 VS. 2027 (USD MILLION) 48
FIGURE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2022 VS. 2027 (USD MILLION) 49
FIGURE 10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2022 VS. 2027 (USD MILLION) 50
FIGURE 11 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2022 VS. 2027 (USD MILLION) 51
FIGURE 12 GEOGRAPHICAL SNAPSHOT OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 52
4 PREMIUM INSIGHTS 53
4.1 LATERAL FLOW ASSAY COMPONENTS MARKET OVERVIEW 53
FIGURE 13 RISING NUMBER OF LOCAL MANUFACTURERS FOR COMPONENTS IS DRIVING THE GROWTH OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 53
4.2 REGIONAL MIX: LATERAL FLOW ASSAY COMPONENTS MARKET 54
FIGURE 14 APAC TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 54
4.3 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE AND COUNTRY 55
FIGURE 15 MEMBRANES ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 55
4.4 LATERAL FLOW ASSAY COMPONENTS MARKET: GEOGRAPHICAL GROWTH OPPORTUNITIES 56
4.5 LATERAL FLOW ASSAY COMPONENTS MARKET: DEVELOPED VS. DEVELOPING COUNTRIES 56
5 MARKET OVERVIEW 57
5.1 INTRODUCTION 57
5.2 MARKET DYNAMICS: IMPACT ANALYSIS 57
5.2.1 DRIVERS 58
5.2.1.1 Growing demand for lateral flow assay kits due
to the COVID-19 pandemic 58
5.2.1.2 Growing usage of home-based lateral flow assay devices 58
5.2.1.3 Growing demand for point-of-care testing 58
5.2.1.4 Increasing public-private investments to develop lateral flow assays 59
5.2.2 RESTRAINTS 59
5.2.2.1 Availability of alternative diagnostic technologies 59
5.2.3 OPPORTUNITIES 59
5.2.3.1 Evolving applications of lateral flow assays 59
5.2.4 CHALLENGES 60
5.2.4.1 Requirement of specialized storage and shipping facilities for membranes 60
5.3 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES (YC-YCC) IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
FIGURE 16 YC–YCC SHIFT IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 61
5.5 AVERAGE SELLING PRICE TREND 61
TABLE 2 AVERAGE SELLING PRICE OF LATERAL FLOW ASSAY COMPONENTS,
BY REGION, 2021 (USD) 61
5.6 ECOSYSTEM MARKET MAP 62
FIGURE 17 ECOSYSTEM: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 62
5.7 PATENT ANALYSIS 63
5.7.1 PATENT PUBLICATION TRENDS FOR LATERAL FLOW ASSAYS 63
FIGURE 18 GLOBAL PATENT PUBLICATION TRENDS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2016–2021 64
5.7.2 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PATENTS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 64
FIGURE 19 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR LATERAL FLOW ASSAYS COMPONENTS, 2016–2021 64
5.8 VALUE CHAIN ANALYSIS 65
5.9 REGULATORY LANDSCAPE 66
TABLE 3 REGULATORY STANDARDS/APPROVALS REQUIRED FOR LATERAL FLOW IMMUNOASSAY PRODUCTS, BY COUNTRY/REGION 66
5.9.1 NORTH AMERICA 66
5.9.2 EUROPE 67
5.9.3 ASIA PACIFIC 67
5.9.3.1 India 67
5.9.3.2 China 67
5.9.3.3 Japan 68
5.10 TECHNOLOGY ANALYSIS 69
5.10.1 KEY TECHNOLOGY: LATERAL FLOW ASSAYS 69
5.11 KEY CONFERENCES & EVENTS DURING 2021–2023 69
TABLE 4 LATERAL FLOW ASSAY COMPONENTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS 69
5.12 KEY STAKEHOLDERS & BUYING CRITERIA 70
5.12.1 KEY STAKEHOLDERS IN THE BUYING PROCESS 70
FIGURE 20 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
TABLE 5 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
5.12.2 BUYING CRITERIA 71
FIGURE 21 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
TABLE 6 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
5.13 PORTER’S FIVE FORCES ANALYSIS 72
TABLE 7 LATERAL FLOW ASSAY COMPONENTS MARKET:
PORTER’S FIVE FORCES ANALYSIS 72
5.13.1 THREAT FROM NEW ENTRANTS 72
5.13.2 THREAT FROM SUBSTITUTES 72
5.13.3 BARGAINING POWER OF BUYERS 73
5.13.4 BARGAINING POWER OF SUPPLIERS 73
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 73
6 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE 74
6.1 INTRODUCTION 75
TABLE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 75
6.2 MEMBRANES 75
TABLE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE,
2020–2027 (USD MILLION) 76
TABLE 10 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 76
6.2.1 NITROCELLULOSE MEMBRANES 77
6.2.1.1 Advantages of nitrocellulose membranes such as high protein-binding affinity and compatibility with a wide range of detection methods to drive market growth 77
TABLE 11 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES, BY COUNTRY, 2020–2027 (USD MILLION) 77
TABLE 12 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (1 X 1 M SHEETS), BY REGION, 2020–2027 (IN THOUSANDS) 78
TABLE 13 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (20 MM X 1 M ROLLS), BY REGION, 2020–2027 (IN MILLIONS) 78
6.2.2 OTHER MEMBRANES 78
TABLE 14 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 79
6.3 PADS 80
TABLE 15 EXAMPLES OF DIFFERENT MATERIALS USED IN MANUFACTURING LATERAL FLOW ASSAY PADS 80
TABLE 16 LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 80
TABLE 17 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PADS, BY COUNTRY, 2020–2027 (USD MILLION) 81
6.3.1 SAMPLE PADS 81
6.3.1.1 Ability to promote even and controlled distribution of samples to drive market growth 81
TABLE 18 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SAMPLE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 82
6.3.2 CONJUGATE PADS 82
6.3.2.1 Conjugate pads play an important role in controlling the performance of lateral flow immunoassays 82
TABLE 19 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CONJUGATE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 83
6.3.3 ABSORBENT PADS 84
6.3.3.1 Absorbent pads prevent backflow—a key factor driving market growth 84
TABLE 20 LATERAL FLOW ASSAY COMPONENTS MARKET FOR ABSORBENT PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 84
6.4 OTHER COMPONENTS 84
TABLE 21 OTHER LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 85
7 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION 86
7.1 INTRODUCTION 87
TABLE 22 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 87
7.2 CLINICAL TESTING 87
TABLE 23 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 88
TABLE 24 LATERAL FLOW ASSAYS MARKET FOR CLINICAL TESTING APPLICATIONS,
BY COUNTRY, 2020–2027 (USD MILLION) 88
7.2.1 INFECTIOUS DISEASE TESTING 89
7.2.1.1 Rising demand for infectious disease testing in emerging markets to drive market growth 89
TABLE 25 LATERAL FLOW ASSAY COMPONENTS MARKET FOR INFECTIOUS DISEASE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 89
7.2.2 PREGNANCY & FERTILITY TESTING 90
7.2.2.1 Growing infertility levels due to changing lifestyles—a key factor driving market growth 90
TABLE 26 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PREGNANCY & FERTILITY TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 90
7.2.3 CARDIAC MARKER TESTING 91
7.2.3.1 Rising prevalence of cardiovascular diseases and growing government support to drive growth in this market segment 91
TABLE 27 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CARDIAC MARKER TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 92
7.2.4 CHOLESTEROL TESTING/LIPID PROFILING 92
7.2.4.1 Growing prevalence of obesity and CVD—
a key factor driving market growth 92
TABLE 28 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CHOLESTEROL TESTING/LIPID PROFILING, BY COUNTRY, 2020–2027 (USD MILLION) 93
7.2.5 DRUGS-OF-ABUSE TESTING 93
7.2.5.1 Technological advancements and a growing focus on workplace
drug testing are driving market growth 93
TABLE 29 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUGS-OF-ABUSE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 94
7.2.6 OTHER CLINICAL TESTING APPLICATIONS 94
TABLE 30 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER CLINICAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 95
7.3 VETERINARY DIAGNOSTICS 95
7.3.1 INFECTIOUS DISEASE OUTBREAKS (PARTICULARLY IN LARGE LIVESTOCK ANIMALS) TO DRIVE MARKET GROWTH 95
TABLE 31 LATERAL FLOW ASSAY COMPONENTS MARKET FOR VETERINARY DIAGNOSTIC APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 96
7.4 FOOD SAFETY & ENVIRONMENTAL TESTING 96
7.4.1 HIGH SENSITIVITY AND EASE OF USE ARE KEY FACTORS DRIVING THE DEMAND FOR LATERAL FLOW ASSAYS FOR FOOD SAFETY TESTING 96
TABLE 32 LATERAL FLOW ASSAY COMPONENTS MARKET FOR FOOD SAFETY & ENVIRONMENTAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 97
7.5 DRUG DEVELOPMENT & QUALITY TESTING 97
7.5.1 INCREASING FOCUS ON PRODUCT SAFETY AND QUALITY ASSURANCE TO DRIVE MARKET GROWTH IN THE COMING YEARS 97
TABLE 33 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUG DEVELOPMENT & QUALITY TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 98
8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE 99
8.1 INTRODUCTION 100
TABLE 34 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 100
8.2 SANDWICH ASSAYS 100
8.2.1 SANDWICH ASSAYS PROVIDE HIGHER LEVELS OF ASSAY SENSITIVITY AND SPECIFICITY THAN OTHER ASSAY TECHNIQUES—A KEY FACTOR DRIVING GROWTH IN THIS MARKET SEGMENT 100
TABLE 35 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SANDWICH ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 101
8.3 COMPETITIVE ASSAYS 101
8.3.1 REDUCED SELECTIVITY AND SENSITIVITY OF COMPETITIVE ASSAYS IN RELATION TO SANDWICH ASSAYS COULD HAMPER MARKET GROWTH 101
TABLE 36 LATERAL FLOW ASSAY COMPONENTS MARKET FOR COMPETITIVE ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 102
8.4 MULTIPLEX DETECTION ASSAYS 102
8.4.1 INCREASING ADOPTION OF MULTI-ANALYTE ASSAYS AMONG CLINICIANS TO DRIVE MARKET GROWTH 102
TABLE 37 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MULTIPLEX DETECTION ASSAYS, BY COUNTRY, 2020–2027 (USD MILLION) 103
9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER 104
9.1 INTRODUCTION 105
TABLE 38 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 105
9.2 MEDICAL DEVICE MANUFACTURING COMPANIES 105
9.2.1 INCREASING USE OF POC TESTS IS DRIVING THE ADOPTION OF LATERAL FLOW ASSAY COMPONENTS AMONG MEDICAL DEVICE MANUFACTURING COMPANIES 105
TABLE 39 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE MANUFACTURING COMPANIES, BY COUNTRY, 2020–2027 (USD MILLION) 106
9.3 MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES 106
9.3.1 GROWING INCLINATION TOWARD FAST AND EARLY DIAGNOSIS, ESPECIALLY IN RELATION TO THE CURRENT COVID-19 SCENARIO, WILL DRIVE MARKET GROWTH 106
TABLE 40 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES, BY COUNTRY,
2020–2027 (USD MILLION) 107
10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION 108
10.1 INTRODUCTION 109
FIGURE 22 CHINA TO REGISTER THE HIGHEST GROWTH IN THE LATERAL FLOW ASSAY COMPONENTS MARKET DURING THE FORECAST PERIOD 109
TABLE 41 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION,
2020–2027 (USD MILLION) 110
10.2 NORTH AMERICA 110
TABLE 42 NORTH AMERICA: MACROECONOMIC INDICATORS 110
FIGURE 23 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 111
TABLE 43 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 112
TABLE 44 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 112
TABLE 45 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 112
TABLE 46 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 113
TABLE 47 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 113
TABLE 48 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 114
TABLE 49 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 114
TABLE 50 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 115
10.2.1 US 115
10.2.1.1 Increasing R&D investments and venture capital funding from both large and small firms towards the development of lateral flow assay diagnostics to drive market growth in the US 115
TABLE 51 US: MACROECONOMIC INDICATORS 116
TABLE 52 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 116
TABLE 53 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 116
TABLE 54 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 117
TABLE 55 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 117
TABLE 56 US: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 118
TABLE 57 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 118
TABLE 58 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 119
10.2.2 CANADA 119
10.2.2.1 Lateral flow assay components market in Canada is estimated to grow at a relatively lower rate than the US 119
TABLE 59 CANADA: MACROECONOMIC INDICATORS 119
TABLE 60 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 120
TABLE 61 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 120
TABLE 62 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 120
TABLE 63 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 121
TABLE 64 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 121
TABLE 65 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 122
TABLE 66 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 122
10.3 EUROPE 122
TABLE 67 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 123
TABLE 68 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 123
TABLE 69 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 123
TABLE 70 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 124
TABLE 71 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 124
TABLE 72 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 125
TABLE 73 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 125
TABLE 74 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 126
10.3.1 GERMANY 126
10.3.1.1 Growing demand for POC testing to drive the lateral flow assay components market in Germany 126
TABLE 75 GERMANY: MACROECONOMIC INDICATORS 126
TABLE 76 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 127
TABLE 77 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 127
TABLE 78 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 127
TABLE 79 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 128
TABLE 80 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 128
TABLE 81 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 129
TABLE 82 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 129
10.3.2 FRANCE 129
10.3.2.1 High prevalence of age-related chronic diseases and infectious diseases to drive market growth in France 129
TABLE 83 FRANCE: MACROECONOMIC INDICATORS 130
TABLE 84 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 130
TABLE 85 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 130
TABLE 86 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 131
TABLE 87 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 131
TABLE 88 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 132
TABLE 89 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 132
TABLE 90 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 133
10.3.3 UK 133
10.3.3.1 Severe impact of the second wave of COVID-19 in the first half of 2021 resulted in higher adoption of rapid COVID tests in the UK 133
TABLE 91 UK: MACROECONOMIC INDICATORS 134
TABLE 92 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 134
TABLE 93 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 134
TABLE 94 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 135
TABLE 95 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 135
TABLE 96 UK: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 136
TABLE 97 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 136
TABLE 98 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 137
10.3.4 ITALY 137
10.3.4.1 Growing initiatives towards decentralization of medical services in Italy are contributing to the market growth in the country 137
TABLE 99 ITALY: MACROECONOMIC INDICATORS 137
TABLE 100 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 138
TABLE 101 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 138
TABLE 102 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 138
TABLE 103 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 139
TABLE 104 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 139
TABLE 105 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 140
TABLE 106 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 140
10.3.5 SPAIN 140
10.3.5.1 Increasing focus of international organizations and domestic players on the development of POC products in the country to drive market growth 140
TABLE 107 SPAIN: MACROECONOMIC INDICATORS 141
TABLE 108 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 141
TABLE 109 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 142
TABLE 110 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 142
TABLE 111 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 142
TABLE 112 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 143
TABLE 113 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 143
TABLE 114 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 144
10.3.6 REST OF EUROPE 144
TABLE 115 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 144
TABLE 116 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 145
TABLE 117 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 145
TABLE 118 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 145
TABLE 119 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 146
TABLE 120 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 146
TABLE 121 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 147
10.4 ASIA PACIFIC 147
FIGURE 24 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 148
TABLE 122 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 149
TABLE 123 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 149
TABLE 124 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 149
TABLE 125 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 150
TABLE 126 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 150
TABLE 127 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 151
TABLE 128 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 151
TABLE 129 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 152
10.4.1 CHINA 152
10.4.1.1 Higher exports of lateral flow assay components during the COVID-19 pandemic to drive market growth in the country 152
TABLE 130 CHINA: MACROECONOMIC INDICATORS 153
TABLE 131 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 153
TABLE 132 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 153
TABLE 133 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 154
TABLE 134 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 154
TABLE 135 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 155
TABLE 136 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 155
TABLE 137 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 156
10.4.2 JAPAN 156
10.4.2.1 Increasing prevalence of age-related illnesses driving the growth of the lateral flow assay components market in Japan 156
TABLE 138 JAPAN: MACROECONOMIC INDICATORS 157
TABLE 139 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 157
TABLE 140 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 157
TABLE 141 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 158
TABLE 142 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 158
TABLE 143 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 159
TABLE 144 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 159
TABLE 145 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 160
10.4.3 INDIA 160
10.4.3.1 Increasing number of local manufacturers, growing healthcare concerns, and rising income levels to propel the growth of this market 160
TABLE 146 INDIA: MACROECONOMIC INDICATORS 160
TABLE 147 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 161
TABLE 148 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 161
TABLE 149 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 161
TABLE 150 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 162
TABLE 151 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 162
TABLE 152 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 163
TABLE 153 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 163
10.4.4 AUSTRALIA 164
10.4.4.1 Increasing prevalence of infectious diseases, especially influenza, to drive the growth of the lateral flow assay components market in Australia 164
TABLE 154 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 164
TABLE 155 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 164
TABLE 156 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 165
TABLE 157 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 165
TABLE 158 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 166
TABLE 159 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 166
TABLE 160 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 167
10.4.5 REST OF ASIA PACIFIC 167
TABLE 161 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 167
TABLE 162 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 168
TABLE 163 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 168
TABLE 164 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 168
TABLE 165 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 169
TABLE 166 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 169
TABLE 167 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 170
10.5 LATIN AMERICA 170
10.5.1 HIGH DEMAND FOR HIV POC DEVICES IN THE REGION TO SUPPORT THE GROWTH OF THE MARKET 170
TABLE 168 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 171
TABLE 169 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 171
TABLE 170 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD
TYPE, 2020–2027 (USD MILLION) 171
TABLE 171 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 172
TABLE 172 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 172
TABLE 173 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 173
TABLE 174 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 173
10.6 MIDDLE EAST & AFRICA 173
10.6.1 SIGNIFICANT SUPPORT FROM GOVERNMENTS AND GLOBAL FIRMS TOWARDS EXPANDING HEALTHCARE SERVICES DRIVES THE ADOPTION OF LATERAL FLOW ASSAYS 173
TABLE 175 MIDDLE EAST & AFRICA: MACROECONOMIC INDICATORS 174
TABLE 176 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TYPE, 2020–2027 (USD MILLION) 174
TABLE 177 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 175
TABLE 178 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 175
TABLE 179 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 175
TABLE 180 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 176
TABLE 181 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 176
TABLE 182 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 177
11 COMPETITIVE LANDSCAPE 178
11.1 OVERVIEW 178
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 178
FIGURE 25 OVERVIEW OF STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
11.3 REVENUE SHARE ANALYSIS FOR KEY PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
FIGURE 26 REVENUE SHARE ANALYSIS FOR THE KEY PLAYERS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 180
11.4 MARKET SHARE ANALYSIS 180
FIGURE 27 LATERAL FLOW ASSAY COMPONENTS MARKET SHARE ANALYSIS, BY KEY PLAYER (2021) 181
TABLE 183 LATERAL FLOW ASSAY COMPONENTS MARKET: DEGREE OF COMPETITION 182
11.5 R&D ASSESSMENT OF KEY PLAYERS 183
FIGURE 28 R&D EXPENDITURE: MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2018 VS. 2020 183
11.6 GEOGRAPHIC REVENUE ASSESSMENT OF KEY PLAYERS 183
FIGURE 29 GEOGRAPHIC REVENUE ASSESSMENT: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 184
11.7 COMPANY EVALUATION QUADRANT 184
11.7.1 STARS 184
11.7.2 PERVASIVE PLAYERS 184
11.7.3 EMERGING LEADERS 185
11.7.4 PARTICIPANTS 185
FIGURE 30 LATERAL FLOW ASSAY COMPONENTS MARKET: COMPANY EVALUATION MATRIX, 2021 185
11.8 COMPETITIVE BENCHMARKING 186
11.8.1 OVERALL COMPANY FOOTPRINT 186
TABLE 184 OVERALL COMPANY FOOTPRINT (17 COMPANIES) 186
TABLE 185 COMPANY FOOTPRINT: BY TYPE (17 COMPANIES) 187
TABLE 186 COMPANY FOOTPRINT: BY REGION (17 COMPANIES) 188
11.9 COMPETITIVE SCENARIO 188
11.9.1 DEALS 189
TABLE 187 DEALS, JANUARY 2019–FEBRUARY 2022 189
11.9.2 OTHER DEVELOPMENTS 189
TABLE 188 OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2022 189
12 COMPANY PROFILES 190
12.1 KEY PLAYERS 190
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1.1 DANAHER CORPORATION (PALL CORPORATION AND CYTIVA LIFE SCIENCE) 190
TABLE 189 DANAHER CORPORATION: BUSINESS OVERVIEW 190
FIGURE 31 DANAHER CORPORATION: COMPANY SNAPSHOT (2020) 191
12.1.2 SARTORIUS STEDIM BIOTECH 195
TABLE 190 SARTORIUS STEDIM BIOTECH: BUSINESS OVERVIEW 195
12.1.3 MERCK KGAA 199
TABLE 191 MERCK KGAA: BUSINESS OVERVIEW 199
FIGURE 33 MERCK KGAA: COMPANY SNAPSHOT (2020) 200
12.1.4 AHLSTROM-MUNKSJÖ 204
TABLE 192 AHLSTROM-MUNKSJÖ: BUSINESS OVERVIEW 204
FIGURE 34 AHLSTROM-MUNKSJÖ: COMPANY SNAPSHOT (2020) 205
12.1.5 ADVANCED MICRODEVICES PVT. LTD. 208
TABLE 193 ADVANCED MICRODEVICES PVT. LTD.: BUSINESS OVERVIEW 208
12.1.6 DCN DIAGNOSTICS 210
TABLE 194 DCN DIAGNOSTICS: BUSINESS OVERVIEW 210
12.2 OTHER PLAYERS 211
12.2.1 FORTIS LIFE SCIENCES 211
TABLE 195 FORTIS LIFE SCIENCES: BUSINESS OVERVIEW 211
12.2.2 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD 212
TABLE 196 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD.:
BUSINESS OVERVIEW 212
12.2.3 AXIVA SICHEM BIOTECH 214
TABLE 197 AXIVA SICHEM BIOTECH: BUSINESS OVERVIEW 214
12.2.4 NUPORE FILTRATION SYSTEM 216
TABLE 198 NUPORE FILTRATION SYSTEM: BUSINESS OVERVIEW 216
12.2.5 BALLYA BIO 217
TABLE 199 BALLYA BIO: BUSINESS OVERVIEW 217
12.2.6 RUNBIO BIOTECH CO. LTD. 219
TABLE 200 RUNBIO BIOTECH CO. LTD.: BUSINESS OVERVIEW 219
12.2.7 NEENAH GESSNER 220
TABLE 201 NEENAH GESSNER: BUSINESS OVERVIEW 220
12.2.8 MAXIM BIOMEDICAL 221
TABLE 202 MAXIM BIOMEDICAL: BUSINESS OVERVIEW 221
12.2.9 CYTODIAGNOSTICS 222
TABLE 203 CYTODIAGNOSTICS: BUSINESS OVERVIEW 222
12.2.10 SENOVA GMBH 223
TABLE 204 SENOVA GMBH: BUSINESS OVERVIEW 223
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX 224
13.1 DISCUSSION GUIDE 224
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 229
13.3 AVAILABLE CUSTOMIZATIONS 231
13.4 RELATED REPORTS 231
13.5 AUTHOR DETAILS 232
1 INTRODUCTION 33
1.1 OBJECTIVES OF THE STUDY 33
1.2 MARKET DEFINITION 33
1.2.1 CATEGORY-WISE INCLUSIONS AND EXCLUSIONS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 33
1.3 MARKET SCOPE 34
1.3.1 MARKETS COVERED 34
FIGURE 1 LATERAL FLOW ASSAY COMPONENTS MARKET SEGMENTATION 34
1.3.2 YEARS CONSIDERED FOR THE STUDY 35
1.4 CURRENCY 35
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 35
1.5 STAKEHOLDERS 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH APPROACH 36
FIGURE 2 RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 36
2.1.1.1 Key data from secondary sources 37
2.1.2 PRIMARY DATA 38
2.1.2.1 Primary sources 38
2.1.2.2 Key data from primary sources 39
2.1.2.3 Breakdown of primaries 39
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS (SUPPLY SIDE):
BY COMPANY TYPE, DESIGNATION, AND REGION 39
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS (DEMAND SIDE): BY END USER, DESIGNATION, AND REGION 40
2.2 MARKET SIZE ESTIMATION 40
FIGURE 5 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS (2021) 41
FIGURE 6 SUPPLY-SIDE ANALYSIS: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 42
2.3 MARKET BREAKDOWN & DATA TRIANGULATION 44
FIGURE 7 DATA TRIANGULATION METHODOLOGY 45
2.4 KEY INDUSTRY INSIGHTS 46
2.5 LIMITATIONS 46
2.5.1 METHODOLOGY-RELATED LIMITATIONS 46
2.6 RISK ASSESSMENT 47
2.7 ASSUMPTIONS FOR THE STUDY 47
3 EXECUTIVE SUMMARY 48
FIGURE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2022 VS. 2027 (USD MILLION) 48
FIGURE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2022 VS. 2027 (USD MILLION) 49
FIGURE 10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2022 VS. 2027 (USD MILLION) 50
FIGURE 11 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2022 VS. 2027 (USD MILLION) 51
FIGURE 12 GEOGRAPHICAL SNAPSHOT OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 52
4 PREMIUM INSIGHTS 53
4.1 LATERAL FLOW ASSAY COMPONENTS MARKET OVERVIEW 53
FIGURE 13 RISING NUMBER OF LOCAL MANUFACTURERS FOR COMPONENTS IS DRIVING THE GROWTH OF THE LATERAL FLOW ASSAY COMPONENTS MARKET 53
4.2 REGIONAL MIX: LATERAL FLOW ASSAY COMPONENTS MARKET 54
FIGURE 14 APAC TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 54
4.3 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE AND COUNTRY 55
FIGURE 15 MEMBRANES ACCOUNTED FOR THE LARGEST SHARE OF THE ASIA PACIFIC MARKET IN 2021 55
4.4 LATERAL FLOW ASSAY COMPONENTS MARKET: GEOGRAPHICAL GROWTH OPPORTUNITIES 56
4.5 LATERAL FLOW ASSAY COMPONENTS MARKET: DEVELOPED VS. DEVELOPING COUNTRIES 56
5 MARKET OVERVIEW 57
5.1 INTRODUCTION 57
5.2 MARKET DYNAMICS: IMPACT ANALYSIS 57
5.2.1 DRIVERS 58
5.2.1.1 Growing demand for lateral flow assay kits due
to the COVID-19 pandemic 58
5.2.1.2 Growing usage of home-based lateral flow assay devices 58
5.2.1.3 Growing demand for point-of-care testing 58
5.2.1.4 Increasing public-private investments to develop lateral flow assays 59
5.2.2 RESTRAINTS 59
5.2.2.1 Availability of alternative diagnostic technologies 59
5.2.3 OPPORTUNITIES 59
5.2.3.1 Evolving applications of lateral flow assays 59
5.2.4 CHALLENGES 60
5.2.4.1 Requirement of specialized storage and shipping facilities for membranes 60
5.3 ASSESSMENT OF THE IMPACT OF COVID-19 ON THE ECONOMIC SCENARIO IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES (YC-YCC) IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 60
FIGURE 16 YC–YCC SHIFT IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 61
5.5 AVERAGE SELLING PRICE TREND 61
TABLE 2 AVERAGE SELLING PRICE OF LATERAL FLOW ASSAY COMPONENTS,
BY REGION, 2021 (USD) 61
5.6 ECOSYSTEM MARKET MAP 62
FIGURE 17 ECOSYSTEM: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 62
5.7 PATENT ANALYSIS 63
5.7.1 PATENT PUBLICATION TRENDS FOR LATERAL FLOW ASSAYS 63
FIGURE 18 GLOBAL PATENT PUBLICATION TRENDS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2016–2021 64
5.7.2 JURISDICTION ANALYSIS: TOP APPLICANTS (COUNTRIES) FOR PATENTS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 64
FIGURE 19 JURISDICTION ANALYSIS: TOP APPLICANT COUNTRIES FOR LATERAL FLOW ASSAYS COMPONENTS, 2016–2021 64
5.8 VALUE CHAIN ANALYSIS 65
5.9 REGULATORY LANDSCAPE 66
TABLE 3 REGULATORY STANDARDS/APPROVALS REQUIRED FOR LATERAL FLOW IMMUNOASSAY PRODUCTS, BY COUNTRY/REGION 66
5.9.1 NORTH AMERICA 66
5.9.2 EUROPE 67
5.9.3 ASIA PACIFIC 67
5.9.3.1 India 67
5.9.3.2 China 67
5.9.3.3 Japan 68
5.10 TECHNOLOGY ANALYSIS 69
5.10.1 KEY TECHNOLOGY: LATERAL FLOW ASSAYS 69
5.11 KEY CONFERENCES & EVENTS DURING 2021–2023 69
TABLE 4 LATERAL FLOW ASSAY COMPONENTS MARKET: DETAILED LIST OF CONFERENCES & EVENTS 69
5.12 KEY STAKEHOLDERS & BUYING CRITERIA 70
5.12.1 KEY STAKEHOLDERS IN THE BUYING PROCESS 70
FIGURE 20 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
TABLE 5 INFLUENCE OF STAKEHOLDERS IN THE BUYING PROCESS FOR THE TOP 3 APPLICATIONS 70
5.12.2 BUYING CRITERIA 71
FIGURE 21 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
TABLE 6 KEY BUYING CRITERIA FOR THE TOP 3 APPLICATIONS 71
5.13 PORTER’S FIVE FORCES ANALYSIS 72
TABLE 7 LATERAL FLOW ASSAY COMPONENTS MARKET:
PORTER’S FIVE FORCES ANALYSIS 72
5.13.1 THREAT FROM NEW ENTRANTS 72
5.13.2 THREAT FROM SUBSTITUTES 72
5.13.3 BARGAINING POWER OF BUYERS 73
5.13.4 BARGAINING POWER OF SUPPLIERS 73
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 73
6 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE 74
6.1 INTRODUCTION 75
TABLE 8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 75
6.2 MEMBRANES 75
TABLE 9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE,
2020–2027 (USD MILLION) 76
TABLE 10 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 76
6.2.1 NITROCELLULOSE MEMBRANES 77
6.2.1.1 Advantages of nitrocellulose membranes such as high protein-binding affinity and compatibility with a wide range of detection methods to drive market growth 77
TABLE 11 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES, BY COUNTRY, 2020–2027 (USD MILLION) 77
TABLE 12 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (1 X 1 M SHEETS), BY REGION, 2020–2027 (IN THOUSANDS) 78
TABLE 13 LATERAL FLOW ASSAY COMPONENTS MARKET FOR NITROCELLULOSE MEMBRANES (20 MM X 1 M ROLLS), BY REGION, 2020–2027 (IN MILLIONS) 78
6.2.2 OTHER MEMBRANES 78
TABLE 14 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER MEMBRANES,
BY COUNTRY, 2020–2027 (USD MILLION) 79
6.3 PADS 80
TABLE 15 EXAMPLES OF DIFFERENT MATERIALS USED IN MANUFACTURING LATERAL FLOW ASSAY PADS 80
TABLE 16 LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 80
TABLE 17 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PADS, BY COUNTRY, 2020–2027 (USD MILLION) 81
6.3.1 SAMPLE PADS 81
6.3.1.1 Ability to promote even and controlled distribution of samples to drive market growth 81
TABLE 18 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SAMPLE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 82
6.3.2 CONJUGATE PADS 82
6.3.2.1 Conjugate pads play an important role in controlling the performance of lateral flow immunoassays 82
TABLE 19 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CONJUGATE PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 83
6.3.3 ABSORBENT PADS 84
6.3.3.1 Absorbent pads prevent backflow—a key factor driving market growth 84
TABLE 20 LATERAL FLOW ASSAY COMPONENTS MARKET FOR ABSORBENT PADS,
BY COUNTRY, 2020–2027 (USD MILLION) 84
6.4 OTHER COMPONENTS 84
TABLE 21 OTHER LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 85
7 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION 86
7.1 INTRODUCTION 87
TABLE 22 LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 87
7.2 CLINICAL TESTING 87
TABLE 23 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 88
TABLE 24 LATERAL FLOW ASSAYS MARKET FOR CLINICAL TESTING APPLICATIONS,
BY COUNTRY, 2020–2027 (USD MILLION) 88
7.2.1 INFECTIOUS DISEASE TESTING 89
7.2.1.1 Rising demand for infectious disease testing in emerging markets to drive market growth 89
TABLE 25 LATERAL FLOW ASSAY COMPONENTS MARKET FOR INFECTIOUS DISEASE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 89
7.2.2 PREGNANCY & FERTILITY TESTING 90
7.2.2.1 Growing infertility levels due to changing lifestyles—a key factor driving market growth 90
TABLE 26 LATERAL FLOW ASSAY COMPONENTS MARKET FOR PREGNANCY & FERTILITY TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 90
7.2.3 CARDIAC MARKER TESTING 91
7.2.3.1 Rising prevalence of cardiovascular diseases and growing government support to drive growth in this market segment 91
TABLE 27 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CARDIAC MARKER TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 92
7.2.4 CHOLESTEROL TESTING/LIPID PROFILING 92
7.2.4.1 Growing prevalence of obesity and CVD—
a key factor driving market growth 92
TABLE 28 LATERAL FLOW ASSAY COMPONENTS MARKET FOR CHOLESTEROL TESTING/LIPID PROFILING, BY COUNTRY, 2020–2027 (USD MILLION) 93
7.2.5 DRUGS-OF-ABUSE TESTING 93
7.2.5.1 Technological advancements and a growing focus on workplace
drug testing are driving market growth 93
TABLE 29 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUGS-OF-ABUSE TESTING, BY COUNTRY, 2020–2027 (USD MILLION) 94
7.2.6 OTHER CLINICAL TESTING APPLICATIONS 94
TABLE 30 LATERAL FLOW ASSAY COMPONENTS MARKET FOR OTHER CLINICAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 95
7.3 VETERINARY DIAGNOSTICS 95
7.3.1 INFECTIOUS DISEASE OUTBREAKS (PARTICULARLY IN LARGE LIVESTOCK ANIMALS) TO DRIVE MARKET GROWTH 95
TABLE 31 LATERAL FLOW ASSAY COMPONENTS MARKET FOR VETERINARY DIAGNOSTIC APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 96
7.4 FOOD SAFETY & ENVIRONMENTAL TESTING 96
7.4.1 HIGH SENSITIVITY AND EASE OF USE ARE KEY FACTORS DRIVING THE DEMAND FOR LATERAL FLOW ASSAYS FOR FOOD SAFETY TESTING 96
TABLE 32 LATERAL FLOW ASSAY COMPONENTS MARKET FOR FOOD SAFETY & ENVIRONMENTAL TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 97
7.5 DRUG DEVELOPMENT & QUALITY TESTING 97
7.5.1 INCREASING FOCUS ON PRODUCT SAFETY AND QUALITY ASSURANCE TO DRIVE MARKET GROWTH IN THE COMING YEARS 97
TABLE 33 LATERAL FLOW ASSAY COMPONENTS MARKET FOR DRUG DEVELOPMENT & QUALITY TESTING APPLICATIONS, BY COUNTRY, 2020–2027 (USD MILLION) 98
8 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE 99
8.1 INTRODUCTION 100
TABLE 34 LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 100
8.2 SANDWICH ASSAYS 100
8.2.1 SANDWICH ASSAYS PROVIDE HIGHER LEVELS OF ASSAY SENSITIVITY AND SPECIFICITY THAN OTHER ASSAY TECHNIQUES—A KEY FACTOR DRIVING GROWTH IN THIS MARKET SEGMENT 100
TABLE 35 LATERAL FLOW ASSAY COMPONENTS MARKET FOR SANDWICH ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 101
8.3 COMPETITIVE ASSAYS 101
8.3.1 REDUCED SELECTIVITY AND SENSITIVITY OF COMPETITIVE ASSAYS IN RELATION TO SANDWICH ASSAYS COULD HAMPER MARKET GROWTH 101
TABLE 36 LATERAL FLOW ASSAY COMPONENTS MARKET FOR COMPETITIVE ASSAYS,
BY COUNTRY, 2020–2027 (USD MILLION) 102
8.4 MULTIPLEX DETECTION ASSAYS 102
8.4.1 INCREASING ADOPTION OF MULTI-ANALYTE ASSAYS AMONG CLINICIANS TO DRIVE MARKET GROWTH 102
TABLE 37 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MULTIPLEX DETECTION ASSAYS, BY COUNTRY, 2020–2027 (USD MILLION) 103
9 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER 104
9.1 INTRODUCTION 105
TABLE 38 LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 105
9.2 MEDICAL DEVICE MANUFACTURING COMPANIES 105
9.2.1 INCREASING USE OF POC TESTS IS DRIVING THE ADOPTION OF LATERAL FLOW ASSAY COMPONENTS AMONG MEDICAL DEVICE MANUFACTURING COMPANIES 105
TABLE 39 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE MANUFACTURING COMPANIES, BY COUNTRY, 2020–2027 (USD MILLION) 106
9.3 MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES 106
9.3.1 GROWING INCLINATION TOWARD FAST AND EARLY DIAGNOSIS, ESPECIALLY IN RELATION TO THE CURRENT COVID-19 SCENARIO, WILL DRIVE MARKET GROWTH 106
TABLE 40 LATERAL FLOW ASSAY COMPONENTS MARKET FOR MEDICAL DEVICE CONTRACT MANUFACTURING COMPANIES, BY COUNTRY,
2020–2027 (USD MILLION) 107
10 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION 108
10.1 INTRODUCTION 109
FIGURE 22 CHINA TO REGISTER THE HIGHEST GROWTH IN THE LATERAL FLOW ASSAY COMPONENTS MARKET DURING THE FORECAST PERIOD 109
TABLE 41 LATERAL FLOW ASSAY COMPONENTS MARKET, BY REGION,
2020–2027 (USD MILLION) 110
10.2 NORTH AMERICA 110
TABLE 42 NORTH AMERICA: MACROECONOMIC INDICATORS 110
FIGURE 23 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 111
TABLE 43 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY COUNTRY, 2020–2027 (USD MILLION) 112
TABLE 44 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 112
TABLE 45 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 112
TABLE 46 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 113
TABLE 47 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 113
TABLE 48 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 114
TABLE 49 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 114
TABLE 50 NORTH AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 115
10.2.1 US 115
10.2.1.1 Increasing R&D investments and venture capital funding from both large and small firms towards the development of lateral flow assay diagnostics to drive market growth in the US 115
TABLE 51 US: MACROECONOMIC INDICATORS 116
TABLE 52 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 116
TABLE 53 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 116
TABLE 54 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 117
TABLE 55 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 117
TABLE 56 US: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 118
TABLE 57 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 118
TABLE 58 US: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 119
10.2.2 CANADA 119
10.2.2.1 Lateral flow assay components market in Canada is estimated to grow at a relatively lower rate than the US 119
TABLE 59 CANADA: MACROECONOMIC INDICATORS 119
TABLE 60 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 120
TABLE 61 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 120
TABLE 62 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 120
TABLE 63 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 121
TABLE 64 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 121
TABLE 65 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 122
TABLE 66 CANADA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 122
10.3 EUROPE 122
TABLE 67 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 123
TABLE 68 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 123
TABLE 69 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 123
TABLE 70 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 124
TABLE 71 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 124
TABLE 72 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 125
TABLE 73 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 125
TABLE 74 EUROPE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 126
10.3.1 GERMANY 126
10.3.1.1 Growing demand for POC testing to drive the lateral flow assay components market in Germany 126
TABLE 75 GERMANY: MACROECONOMIC INDICATORS 126
TABLE 76 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 127
TABLE 77 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 127
TABLE 78 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 127
TABLE 79 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 128
TABLE 80 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 128
TABLE 81 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 129
TABLE 82 GERMANY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 129
10.3.2 FRANCE 129
10.3.2.1 High prevalence of age-related chronic diseases and infectious diseases to drive market growth in France 129
TABLE 83 FRANCE: MACROECONOMIC INDICATORS 130
TABLE 84 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 130
TABLE 85 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 130
TABLE 86 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 131
TABLE 87 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 131
TABLE 88 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 132
TABLE 89 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 132
TABLE 90 FRANCE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 133
10.3.3 UK 133
10.3.3.1 Severe impact of the second wave of COVID-19 in the first half of 2021 resulted in higher adoption of rapid COVID tests in the UK 133
TABLE 91 UK: MACROECONOMIC INDICATORS 134
TABLE 92 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 134
TABLE 93 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 134
TABLE 94 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 135
TABLE 95 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION,
2020–2027 (USD MILLION) 135
TABLE 96 UK: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 136
TABLE 97 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 136
TABLE 98 UK: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 137
10.3.4 ITALY 137
10.3.4.1 Growing initiatives towards decentralization of medical services in Italy are contributing to the market growth in the country 137
TABLE 99 ITALY: MACROECONOMIC INDICATORS 137
TABLE 100 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 138
TABLE 101 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 138
TABLE 102 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 138
TABLE 103 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 139
TABLE 104 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 139
TABLE 105 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 140
TABLE 106 ITALY: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 140
10.3.5 SPAIN 140
10.3.5.1 Increasing focus of international organizations and domestic players on the development of POC products in the country to drive market growth 140
TABLE 107 SPAIN: MACROECONOMIC INDICATORS 141
TABLE 108 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 141
TABLE 109 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 142
TABLE 110 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 142
TABLE 111 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 142
TABLE 112 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 143
TABLE 113 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 143
TABLE 114 SPAIN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 144
10.3.6 REST OF EUROPE 144
TABLE 115 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 144
TABLE 116 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 145
TABLE 117 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 145
TABLE 118 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 145
TABLE 119 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 146
TABLE 120 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 146
TABLE 121 ROE: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 147
10.4 ASIA PACIFIC 147
FIGURE 24 ASIA PACIFIC: LATERAL FLOW ASSAY COMPONENTS MARKET SNAPSHOT 148
TABLE 122 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY COUNTRY,
2020–2027 (USD MILLION) 149
TABLE 123 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 149
TABLE 124 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 149
TABLE 125 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 150
TABLE 126 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 150
TABLE 127 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 151
TABLE 128 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 151
TABLE 129 APAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 152
10.4.1 CHINA 152
10.4.1.1 Higher exports of lateral flow assay components during the COVID-19 pandemic to drive market growth in the country 152
TABLE 130 CHINA: MACROECONOMIC INDICATORS 153
TABLE 131 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 153
TABLE 132 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 153
TABLE 133 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 154
TABLE 134 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 154
TABLE 135 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 155
TABLE 136 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 155
TABLE 137 CHINA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 156
10.4.2 JAPAN 156
10.4.2.1 Increasing prevalence of age-related illnesses driving the growth of the lateral flow assay components market in Japan 156
TABLE 138 JAPAN: MACROECONOMIC INDICATORS 157
TABLE 139 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 157
TABLE 140 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 157
TABLE 141 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 158
TABLE 142 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 158
TABLE 143 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 159
TABLE 144 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 159
TABLE 145 JAPAN: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 160
10.4.3 INDIA 160
10.4.3.1 Increasing number of local manufacturers, growing healthcare concerns, and rising income levels to propel the growth of this market 160
TABLE 146 INDIA: MACROECONOMIC INDICATORS 160
TABLE 147 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 161
TABLE 148 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 161
TABLE 149 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE,
2020–2027 (USD MILLION) 161
TABLE 150 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 162
TABLE 151 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 162
TABLE 152 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE,
2020–2027 (USD MILLION) 163
TABLE 153 INDIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER,
2020–2027 (USD MILLION) 163
10.4.4 AUSTRALIA 164
10.4.4.1 Increasing prevalence of infectious diseases, especially influenza, to drive the growth of the lateral flow assay components market in Australia 164
TABLE 154 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 164
TABLE 155 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 164
TABLE 156 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 165
TABLE 157 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 165
TABLE 158 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 166
TABLE 159 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 166
TABLE 160 AUSTRALIA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 167
10.4.5 REST OF ASIA PACIFIC 167
TABLE 161 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE,
2020–2027 (USD MILLION) 167
TABLE 162 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 168
TABLE 163 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD TYPE, 2020–2027 (USD MILLION) 168
TABLE 164 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 168
TABLE 165 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 169
TABLE 166 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TECHNIQUE, 2020–2027 (USD MILLION) 169
TABLE 167 ROAPAC: LATERAL FLOW ASSAY COMPONENTS MARKET, BY END USER, 2020–2027 (USD MILLION) 170
10.5 LATIN AMERICA 170
10.5.1 HIGH DEMAND FOR HIV POC DEVICES IN THE REGION TO SUPPORT THE GROWTH OF THE MARKET 170
TABLE 168 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY TYPE, 2020–2027 (USD MILLION) 171
TABLE 169 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 171
TABLE 170 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET, BY PAD
TYPE, 2020–2027 (USD MILLION) 171
TABLE 171 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 172
TABLE 172 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 172
TABLE 173 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 173
TABLE 174 LATIN AMERICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 173
10.6 MIDDLE EAST & AFRICA 173
10.6.1 SIGNIFICANT SUPPORT FROM GOVERNMENTS AND GLOBAL FIRMS TOWARDS EXPANDING HEALTHCARE SERVICES DRIVES THE ADOPTION OF LATERAL FLOW ASSAYS 173
TABLE 175 MIDDLE EAST & AFRICA: MACROECONOMIC INDICATORS 174
TABLE 176 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TYPE, 2020–2027 (USD MILLION) 174
TABLE 177 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY MEMBRANE TYPE, 2020–2027 (USD MILLION) 175
TABLE 178 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY PAD TYPE, 2020–2027 (USD MILLION) 175
TABLE 179 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY APPLICATION, 2020–2027 (USD MILLION) 175
TABLE 180 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET FOR CLINICAL TESTING APPLICATIONS, BY TYPE, 2020–2027 (USD MILLION) 176
TABLE 181 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY TECHNIQUE, 2020–2027 (USD MILLION) 176
TABLE 182 MIDDLE EAST & AFRICA: LATERAL FLOW ASSAY COMPONENTS MARKET,
BY END USER, 2020–2027 (USD MILLION) 177
11 COMPETITIVE LANDSCAPE 178
11.1 OVERVIEW 178
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 178
FIGURE 25 OVERVIEW OF STRATEGIES ADOPTED BY MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
11.3 REVENUE SHARE ANALYSIS FOR KEY PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 179
FIGURE 26 REVENUE SHARE ANALYSIS FOR THE KEY PLAYERS
IN THE LATERAL FLOW ASSAY COMPONENTS MARKET 180
11.4 MARKET SHARE ANALYSIS 180
FIGURE 27 LATERAL FLOW ASSAY COMPONENTS MARKET SHARE ANALYSIS, BY KEY PLAYER (2021) 181
TABLE 183 LATERAL FLOW ASSAY COMPONENTS MARKET: DEGREE OF COMPETITION 182
11.5 R&D ASSESSMENT OF KEY PLAYERS 183
FIGURE 28 R&D EXPENDITURE: MAJOR PLAYERS IN THE LATERAL FLOW ASSAY COMPONENTS MARKET, 2018 VS. 2020 183
11.6 GEOGRAPHIC REVENUE ASSESSMENT OF KEY PLAYERS 183
FIGURE 29 GEOGRAPHIC REVENUE ASSESSMENT: LATERAL FLOW ASSAY COMPONENTS MARKET (2021) 184
11.7 COMPANY EVALUATION QUADRANT 184
11.7.1 STARS 184
11.7.2 PERVASIVE PLAYERS 184
11.7.3 EMERGING LEADERS 185
11.7.4 PARTICIPANTS 185
FIGURE 30 LATERAL FLOW ASSAY COMPONENTS MARKET: COMPANY EVALUATION MATRIX, 2021 185
11.8 COMPETITIVE BENCHMARKING 186
11.8.1 OVERALL COMPANY FOOTPRINT 186
TABLE 184 OVERALL COMPANY FOOTPRINT (17 COMPANIES) 186
TABLE 185 COMPANY FOOTPRINT: BY TYPE (17 COMPANIES) 187
TABLE 186 COMPANY FOOTPRINT: BY REGION (17 COMPANIES) 188
11.9 COMPETITIVE SCENARIO 188
11.9.1 DEALS 189
TABLE 187 DEALS, JANUARY 2019–FEBRUARY 2022 189
11.9.2 OTHER DEVELOPMENTS 189
TABLE 188 OTHER DEVELOPMENTS, JANUARY 2019–FEBRUARY 2022 189
12 COMPANY PROFILES 190
12.1 KEY PLAYERS 190
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1.1 DANAHER CORPORATION (PALL CORPORATION AND CYTIVA LIFE SCIENCE) 190
TABLE 189 DANAHER CORPORATION: BUSINESS OVERVIEW 190
FIGURE 31 DANAHER CORPORATION: COMPANY SNAPSHOT (2020) 191
12.1.2 SARTORIUS STEDIM BIOTECH 195
TABLE 190 SARTORIUS STEDIM BIOTECH: BUSINESS OVERVIEW 195
12.1.3 MERCK KGAA 199
TABLE 191 MERCK KGAA: BUSINESS OVERVIEW 199
FIGURE 33 MERCK KGAA: COMPANY SNAPSHOT (2020) 200
12.1.4 AHLSTROM-MUNKSJÖ 204
TABLE 192 AHLSTROM-MUNKSJÖ: BUSINESS OVERVIEW 204
FIGURE 34 AHLSTROM-MUNKSJÖ: COMPANY SNAPSHOT (2020) 205
12.1.5 ADVANCED MICRODEVICES PVT. LTD. 208
TABLE 193 ADVANCED MICRODEVICES PVT. LTD.: BUSINESS OVERVIEW 208
12.1.6 DCN DIAGNOSTICS 210
TABLE 194 DCN DIAGNOSTICS: BUSINESS OVERVIEW 210
12.2 OTHER PLAYERS 211
12.2.1 FORTIS LIFE SCIENCES 211
TABLE 195 FORTIS LIFE SCIENCES: BUSINESS OVERVIEW 211
12.2.2 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD 212
TABLE 196 HANGZHOU COBETTER FILTRATION EQUIPMENT CO. LTD.:
BUSINESS OVERVIEW 212
12.2.3 AXIVA SICHEM BIOTECH 214
TABLE 197 AXIVA SICHEM BIOTECH: BUSINESS OVERVIEW 214
12.2.4 NUPORE FILTRATION SYSTEM 216
TABLE 198 NUPORE FILTRATION SYSTEM: BUSINESS OVERVIEW 216
12.2.5 BALLYA BIO 217
TABLE 199 BALLYA BIO: BUSINESS OVERVIEW 217
12.2.6 RUNBIO BIOTECH CO. LTD. 219
TABLE 200 RUNBIO BIOTECH CO. LTD.: BUSINESS OVERVIEW 219
12.2.7 NEENAH GESSNER 220
TABLE 201 NEENAH GESSNER: BUSINESS OVERVIEW 220
12.2.8 MAXIM BIOMEDICAL 221
TABLE 202 MAXIM BIOMEDICAL: BUSINESS OVERVIEW 221
12.2.9 CYTODIAGNOSTICS 222
TABLE 203 CYTODIAGNOSTICS: BUSINESS OVERVIEW 222
12.2.10 SENOVA GMBH 223
TABLE 204 SENOVA GMBH: BUSINESS OVERVIEW 223
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX 224
13.1 DISCUSSION GUIDE 224
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 229
13.3 AVAILABLE CUSTOMIZATIONS 231
13.4 RELATED REPORTS 231
13.5 AUTHOR DETAILS 232
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1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION & SCOPE 15
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 16
1.2.2 MARKET SEGMENTATION 16
FIGURE 1 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET SEGMENTATION 16
1.2.3 YEARS CONSIDERED FOR THE STUDY 17
1.3 CURRENCY 17
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 17
1.4 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH APPROACH 19
FIGURE 2 RESEARCH DESIGN 19
2.1.1 SECONDARY RESEARCH 20
2.1.1.1 Key data from secondary sources 21
2.1.2 PRIMARY RESEARCH 21
FIGURE 3 PRIMARY SOURCES 22
2.1.2.1 Key data from primary sources 23
2.1.2.2 Insights from primary experts 23
2.1.2.3 Breakdown of primary interviews 24
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE (SUPPLY & DEMAND SIDE) AND DESIGNATION 24
2.2 MARKET SIZE ESTIMATION 25
FIGURE 5 MARKET SIZE APPROACH – REVENUE SHARE ANALYSIS 25
FIGURE 6 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 26
FIGURE 7 DEMAND-SIDE APPROACH 28
2.3 DATA TRIANGULATION 29
FIGURE 8 DATA TRIANGULATION METHODOLOGY 29
2.4 MARKET RANKING ANALYSIS 30
2.5 ASSUMPTIONS FOR THE STUDY 30
2.6 LIMITATIONS 31
2.6.1 METHODOLOGY-RELATED LIMITATIONS 31
2.6.2 SCOPE-RELATED LIMITATIONS 31
2.7 RISK ASSESSMENT 31
TABLE 2 RISK ASSESSMENT: US HEALTHCARE ENVIRONMENTAL SERVICES MARKET 31
3 EXECUTIVE SUMMARY 32
FIGURE 9 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE,
2021 VS. 2026 (USD MILLION) 32
FIGURE 10 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET,
BY FACILITY TYPE, 2021 VS. 2026 (USD MILLION) 33
4 PREMIUM INSIGHTS 34
4.1 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET OVERVIEW 34
FIGURE 11 STRINGENT REGULATORY GUIDELINES ON INFECTION CONTROL & PREVENTION METHODS IS A KEY FACTOR DRIVING THE MARKET GROWTH 34
4.2 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE AND FACILITY TYPE 35
FIGURE 12 JANITORIAL/CORE-CLEANING SERVICES ACCOUNTED FOR THE LARGEST SHARE OF THE US HEALTHCARE ENVIRONMENTAL SERVICES
MARKET IN 2020 35
4.3 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE (2021–2026) 36
FIGURE 13 ACUTE CARE FACILITIES TO DOMINATE THE US HEALTHCARE ENVIRONMENTAL SERVICES MARKET DURING THE FORECAST PERIOD 36
5 MARKET OVERVIEW 37
5.1 INTRODUCTION 37
5.2 MARKET DYNAMICS 37
TABLE 3 MARKET DYNAMICS: HEALTHCARE ENVIRONMENTAL SERVICES MARKET 37
5.2.1 MARKET DRIVERS 38
5.2.1.1 Increasing prevalence of Hospital-acquired infections (HAIs) 38
5.2.1.2 Rising number of hospital admissions and surgeries 39
TABLE 4 US: PERCENTAGE INCREASE IN THE NUMBER OF SURGERIES PERFORMED 39
FIGURE 14 TOTAL ADMISSIONS IN ALL US HOSPITALS 40
FIGURE 15 TOTAL NUMBER OF HOSPITALS IN THE US 40
5.2.1.3 Shortage of in-house expertise and the rising need to reduce healthcare costs 41
5.2.1.4 Increasing outsourcing of cleaning services 41
5.2.2 MARKET RESTRAINTS 41
5.2.2.1 Healthcare facilities with an in-house EVS department 41
5.2.3 MARKET OPPORTUNITIES 42
5.2.3.1 Sustained acquisitions among strategic & financial buyers 42
TABLE 5 COMPANY ACQUISITIONS 42
5.2.4 MARKET CHALLENGES 42
5.2.4.1 Noncompliance with cleaning standards by EVS providers 42
5.3 INDUSTRY TRENDS 43
5.3.1 EMERGENCE OF NEW SURFACE DISINFECTANTS &
GREEN CLEANING PRODUCTS 43
5.3.2 DISINFECTION ROBOTS 44
5.3.3 MONITORING TOOLS FOR CLEANING QUALITY ASSESSMENT 44
5.4 TECHNOLOGY ANALYSIS 45
TABLE 6 TECHNOLOGY INNOVATION IN THE HEALTHCARE ENVIRONMENTAL
SERVICES MARKET 45
5.5 PATENT ANALYSIS 45
5.5.1 PATENT PUBLICATION TRENDS FOR HEALTHCARE ENVIRONMENTAL SERVICES 46
FIGURE 16 PATENT PUBLICATION TRENDS (JANUARY 2011–DECEMBER 2021) 46
5.5.2 JURISDICTION AND TOP APPLICANT ANALYSIS 47
FIGURE 17 TOP APPLICANTS & OWNERS (COMPANIES/INSTITUTIONS) FOR HEALTHCARE ENVIRONMENTAL SERVICES PATENTS (JANUARY 2011–JANUARY 2022) 47
FIGURE 18 TOP APPLICANT COUNTRIES/REGIONS FOR HEALTHCARE ENVIRONMENTAL SERVICES PATENTS (JANUARY 2011–JANUARY 2022) 48
TABLE 7 LIST OF PATENTS/PATENT APPLICATIONS IN THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET, 2020–2021 48
5.6 IMPACT OF COVID-19 ON THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET 50
6 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE 51
6.1 INTRODUCTION 52
TABLE 8 US: HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 52
6.2 JANITORIAL SERVICES/CORE-CLEANING SERVICES 52
6.2.1 MANDATORY REGULAR CLEANING AND DISINFECTION OF HEALTHCARE FACILITIES TO DRIVE THE MARKET GROWTH 52
6.3 INFECTION PREVENTION & CONTROL SERVICES 53
TABLE 9 US: INFECTION PREVENTION & CONTROL SERVICE MARKET, BY TYPE,
2019–2026 (USD MILLION) 53
6.3.1 SPECIALIZED CLEANING SERVICES 53
6.3.1.1 Rising adoption of specialized services to reduce HAIs to drive the market growth 53
6.3.2 INFECTION PREVENTION & CONTROL CONSULTATION SERVICES 53
6.3.2.1 The provision of customized environmental services specific
to a healthcare facility ensures market demand 53
6.4 ENHANCED CLEANING TECHNOLOGY 54
6.4.1 RISING DEMAND FOR ADVANCED CLEANING SOLUTIONS TO DRIVE THE SEGMENT GROWTH 54
TABLE 10 EXAMPLES OF COMPANIES PROVIDING TECHNOLOGY & INNOVATION IN HEALTHCARE EVS 54
6.5 FRONT-OF-HOUSE CLEANING AND BRAND EXPERIENCE 56
6.5.1 RISING AWARENESS TOWARDS A CLEAN AND SAFE ENVIRONMENT DURING PANDEMICS TO SUSTAIN THE MARKET GROWTH 56
6.6 OTHER SERVICES 56
7 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE 57
7.1 INTRODUCTION 58
FIGURE 19 STATES WITH THE HIGHEST NUMBER OF COVID-19 ADMISSIONS
(FEBRUARY 2022) 58
TABLE 11 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE, 2019–2026 (USD MILLION) 59
7.2 ACUTE-CARE FACILITIES 59
TABLE 12 US: HEALTHCARE ENVIRONMENTAL SERVICES FOR ACUTE-CARE SETTINGS, BY TYPE 2019–2026 (USD MILLION) 59
7.2.1 ACUTE HOSPITALS 60
7.2.1.1 Increasing hospital admissions due to COVID-19 and the rising prevalence of HAIs propel the market growth 60
FIGURE 20 NUMBER OF HAIS REPORTED BY GENERAL ACUTE CARE HOSPITALS
IN THE US (2020) 60
FIGURE 21 HAIS REPORTED BY GENERAL ACUTE CARE HOSPITALS IN THE US (2020) 61
FIGURE 22 HAIS REPORTED BY CRITICAL ACCESS HOSPITALS (CAHS) IN THE US (2018) 61
7.2.2 MILITARY TREATMENT FACILITY 61
7.2.2.1 The increasing number of military ambulatory health services & funding to drive the market growth 61
FIGURE 23 MILITARY HEALTH SYSTEMS FACILITIES IN THE US (2021) 62
7.2.3 CHILDREN’S HOSPITALS 62
7.2.3.1 Rising cases of COVID-19 and infection-related mortality rates among children drive the market growth 62
7.2.4 AMBULATORY SURGERY CENTERS (ASCS) 63
7.2.4.1 ASCs save time and reduce the risk of HAIS; key factor driving the market growth 63
FIGURE 24 US SURGERY CASES BY SETTING: ASC VS. HOPD (2005-2020) 64
7.2.5 ACADEMIC MEDICAL CENTERS (AMCS) 64
7.2.5.1 Healthcare capacity expansion during COVID-19 drives the adoption of healthcare environmental services in AMCs 64
7.3 POST-ACUTE CARE FACILITIES 64
TABLE 13 US: HEALTHCARE ENVIRONMENTAL SERVICES FOR POST-ACUTE CARE SETTINGS, BY TYPE 2019–2026 (USD MILLION) 65
7.3.1 LONG-TERM ACUTE HOSPITALS (LTACH) 65
7.3.1.1 Increasing risk of infection due to prolonged hospital stays to drive the market growth 65
7.3.2 SKILLED NURSING FACILITIES (SNF) 66
7.3.2.1 Increasing admissions of elderly people in skilled nursing facilities to drive the market growth 66
7.3.3 OTHER POST-ACUTE CARE FACILITIES 66
7.4 NON-ACUTE CARE FACILITIES 67
TABLE 14 US: ENVIRONMENTAL SERVICES MARKET FOR NON-ACUTE CARE SETTINGS, BY TYPE, 2019–2026 (USD MILLION) 67
7.4.1 PHYSICIAN’S OFFICES AND CLINICS 67
7.4.1.1 High patient traffic leads to continuous cleaning & maintenance to drive the market growth 67
7.4.2 OTHER NON-ACUTE CARE FACILITIES 68
FIGURE 25 DISTRIBUTION OF INDUSTRY MEDICAL AND HEALTH R&D INVESTMENTS,
BY SEGMENT (2020) 68
8 COMPETITIVE LANDSCAPE 70
8.1 OVERVIEW 70
8.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 70
8.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET 71
8.3 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS 72
8.4 MARKET RANKING ANALYSIS 73
FIGURE 27 US HEALTHCARE ENVIRONMENTAL SERVICE MARKET RANKING,
BY KEY PLAYER, 2020 73
8.5 COMPETITIVE BENCHMARKING 75
TABLE 15 FOOTPRINT OF COMPANIES IN THE HEALTHCARE ENVIRONMENTAL
SERVICES MARKET 75
TABLE 16 SERVICE FOOTPRINT OF COMPANIES 76
TABLE 17 END-USER FOOTPRINT OF COMPANIES 77
8.6 COMPETITIVE LEADERSHIP MAPPING 77
8.6.1 STARS 78
8.6.2 EMERGING LEADERS 78
8.6.3 PERVASIVE PLAYERS 78
8.6.4 PARTICIPANTS 78
FIGURE 28 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET:
COMPETITIVE LEADERSHIP MAPPING (2021) 79
8.7 COMPETITIVE SCENARIO 80
8.7.1 SERVICE APPROVALS/ENHANCEMENTS 80
8.7.2 DEALS 81
TABLE 19 DEALS, 2018–2022 81
8.7.3 OTHER DEVELOPMENTS 82
9 COMPANY PROFILES 83
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
9.1 SODEXO GLOBAL 83
TABLE 21 SODEXO GLOBAL: BUSINESS OVERVIEW 83
FIGURE 29 SODEXO GLOBAL: COMPANY SNAPSHOT (2021) 84
9.2 COMPASS GROUP (CROTHALL HEALTHCARE (US)) 87
TABLE 22 COMPASS GROUP: BUSINESS OVERVIEW 87
FIGURE 30 COMPASS GROUP: COMPANY SNAPSHOT (2021) 88
9.3 ARAMARK CORPORATION 90
TABLE 23 ARAMARK CORPORATION: BUSINESS OVERVIEW 90
FIGURE 31 ARAMARK CORPORATION: COMPANY SNAPSHOT (2021) 91
9.4 HOSPITAL HOUSEKEEPING SYSTEMS (HHS) (US) 94
TABLE 24 HOSPITAL HOUSEKEEPING SYSTEMS (HHS): BUSINESS OVERVIEW 94
9.5 HEALTHCARE SERVICES GROUP, INC. 97
TABLE 25 HEALTHCARE SERVICES GROUP, INC.: BUSINESS OVERVIEW 97
FIGURE 32 HEALTHCARE SERVICES GROUP: COMPANY SNAPSHOT (2020) 98
9.6 ABM INDUSTRIES INCORPORATED 100
TABLE 26 ABM INDUSTRIES INCORPORATED: BUSINESS OVERVIEW 100
FIGURE 33 ABM INDUSTRIES INCORPORATED: COMPANY SNAPSHOT (2020) 101
9.7 OCTOCLEAN 103
TABLE 27 OCTOCLEAN: BUSINESS OVERVIEW 103
9.8 SERVICEMASTER CLEAN (SERVICEMASTER TBS) 105
TABLE 28 SERVICEMASTER CLEAN.: BUSINESS OVERVIEW 105
9.9 CORVUS JANITORIAL SYSTEMS 107
TABLE 29 CORVUS JANITORIAL SYSTEMS: BUSINESS OVERVIEW 107
9.10 BRAVO! BUILDING SERVICES 109
TABLE 30 BRAVO! BUILDING SERVICES: BUSINESS OVERVIEW 109
9.11 POWERLINK ENVIRONMENTAL SERVICES, LLC 111
TABLE 31 POWERLINK ENVIRONMENTAL SERVICES, LLC: BUSINESS OVERVIEW 111
9.12 JANI-KING INTERNATIONAL, INC. 112
TABLE 32 JANI- KING INTERNATIONAL, INC: BUSINESS OVERVIEW 112
9.13 AVI FOOD SYSTEMS(US) 114
TABLE 33 AVI FOOD SYTEMS, INC.: BUSINESS OVERVIEW 114
9.14 SERVICON 115
TABLE 34 SERVICON: BUSINESS OVERVIEW 115
9.15 XANITOS, INC. 117
TABLE 35 XANITOS, INC.: BUSINESS OVERVIEW 117
9.16 STATHAKIS 119
TABLE 36 STATHAKIS: BUSINESS OVERVIEW 119
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
10 APPENDIX 120
10.1 INSIGHTS FROM INDUSTRY EXPERTS 120
10.2 DISCUSSION GUIDE 121
10.3 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 124
10.4 AVAILABLE CUSTOMIZATIONS 126
10.5 RELATED REPORTS 126
10.6 AUTHOR DETAILS 127
1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION & SCOPE 15
1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY 16
1.2.2 MARKET SEGMENTATION 16
FIGURE 1 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET SEGMENTATION 16
1.2.3 YEARS CONSIDERED FOR THE STUDY 17
1.3 CURRENCY 17
TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD 17
1.4 STAKEHOLDERS 18
2 RESEARCH METHODOLOGY 19
2.1 RESEARCH APPROACH 19
FIGURE 2 RESEARCH DESIGN 19
2.1.1 SECONDARY RESEARCH 20
2.1.1.1 Key data from secondary sources 21
2.1.2 PRIMARY RESEARCH 21
FIGURE 3 PRIMARY SOURCES 22
2.1.2.1 Key data from primary sources 23
2.1.2.2 Insights from primary experts 23
2.1.2.3 Breakdown of primary interviews 24
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE (SUPPLY & DEMAND SIDE) AND DESIGNATION 24
2.2 MARKET SIZE ESTIMATION 25
FIGURE 5 MARKET SIZE APPROACH – REVENUE SHARE ANALYSIS 25
FIGURE 6 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 26
FIGURE 7 DEMAND-SIDE APPROACH 28
2.3 DATA TRIANGULATION 29
FIGURE 8 DATA TRIANGULATION METHODOLOGY 29
2.4 MARKET RANKING ANALYSIS 30
2.5 ASSUMPTIONS FOR THE STUDY 30
2.6 LIMITATIONS 31
2.6.1 METHODOLOGY-RELATED LIMITATIONS 31
2.6.2 SCOPE-RELATED LIMITATIONS 31
2.7 RISK ASSESSMENT 31
TABLE 2 RISK ASSESSMENT: US HEALTHCARE ENVIRONMENTAL SERVICES MARKET 31
3 EXECUTIVE SUMMARY 32
FIGURE 9 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE,
2021 VS. 2026 (USD MILLION) 32
FIGURE 10 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET,
BY FACILITY TYPE, 2021 VS. 2026 (USD MILLION) 33
4 PREMIUM INSIGHTS 34
4.1 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET OVERVIEW 34
FIGURE 11 STRINGENT REGULATORY GUIDELINES ON INFECTION CONTROL & PREVENTION METHODS IS A KEY FACTOR DRIVING THE MARKET GROWTH 34
4.2 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE AND FACILITY TYPE 35
FIGURE 12 JANITORIAL/CORE-CLEANING SERVICES ACCOUNTED FOR THE LARGEST SHARE OF THE US HEALTHCARE ENVIRONMENTAL SERVICES
MARKET IN 2020 35
4.3 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE (2021–2026) 36
FIGURE 13 ACUTE CARE FACILITIES TO DOMINATE THE US HEALTHCARE ENVIRONMENTAL SERVICES MARKET DURING THE FORECAST PERIOD 36
5 MARKET OVERVIEW 37
5.1 INTRODUCTION 37
5.2 MARKET DYNAMICS 37
TABLE 3 MARKET DYNAMICS: HEALTHCARE ENVIRONMENTAL SERVICES MARKET 37
5.2.1 MARKET DRIVERS 38
5.2.1.1 Increasing prevalence of Hospital-acquired infections (HAIs) 38
5.2.1.2 Rising number of hospital admissions and surgeries 39
TABLE 4 US: PERCENTAGE INCREASE IN THE NUMBER OF SURGERIES PERFORMED 39
FIGURE 14 TOTAL ADMISSIONS IN ALL US HOSPITALS 40
FIGURE 15 TOTAL NUMBER OF HOSPITALS IN THE US 40
5.2.1.3 Shortage of in-house expertise and the rising need to reduce healthcare costs 41
5.2.1.4 Increasing outsourcing of cleaning services 41
5.2.2 MARKET RESTRAINTS 41
5.2.2.1 Healthcare facilities with an in-house EVS department 41
5.2.3 MARKET OPPORTUNITIES 42
5.2.3.1 Sustained acquisitions among strategic & financial buyers 42
TABLE 5 COMPANY ACQUISITIONS 42
5.2.4 MARKET CHALLENGES 42
5.2.4.1 Noncompliance with cleaning standards by EVS providers 42
5.3 INDUSTRY TRENDS 43
5.3.1 EMERGENCE OF NEW SURFACE DISINFECTANTS &
GREEN CLEANING PRODUCTS 43
5.3.2 DISINFECTION ROBOTS 44
5.3.3 MONITORING TOOLS FOR CLEANING QUALITY ASSESSMENT 44
5.4 TECHNOLOGY ANALYSIS 45
TABLE 6 TECHNOLOGY INNOVATION IN THE HEALTHCARE ENVIRONMENTAL
SERVICES MARKET 45
5.5 PATENT ANALYSIS 45
5.5.1 PATENT PUBLICATION TRENDS FOR HEALTHCARE ENVIRONMENTAL SERVICES 46
FIGURE 16 PATENT PUBLICATION TRENDS (JANUARY 2011–DECEMBER 2021) 46
5.5.2 JURISDICTION AND TOP APPLICANT ANALYSIS 47
FIGURE 17 TOP APPLICANTS & OWNERS (COMPANIES/INSTITUTIONS) FOR HEALTHCARE ENVIRONMENTAL SERVICES PATENTS (JANUARY 2011–JANUARY 2022) 47
FIGURE 18 TOP APPLICANT COUNTRIES/REGIONS FOR HEALTHCARE ENVIRONMENTAL SERVICES PATENTS (JANUARY 2011–JANUARY 2022) 48
TABLE 7 LIST OF PATENTS/PATENT APPLICATIONS IN THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET, 2020–2021 48
5.6 IMPACT OF COVID-19 ON THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET 50
6 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE 51
6.1 INTRODUCTION 52
TABLE 8 US: HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY TYPE,
2019–2026 (USD MILLION) 52
6.2 JANITORIAL SERVICES/CORE-CLEANING SERVICES 52
6.2.1 MANDATORY REGULAR CLEANING AND DISINFECTION OF HEALTHCARE FACILITIES TO DRIVE THE MARKET GROWTH 52
6.3 INFECTION PREVENTION & CONTROL SERVICES 53
TABLE 9 US: INFECTION PREVENTION & CONTROL SERVICE MARKET, BY TYPE,
2019–2026 (USD MILLION) 53
6.3.1 SPECIALIZED CLEANING SERVICES 53
6.3.1.1 Rising adoption of specialized services to reduce HAIs to drive the market growth 53
6.3.2 INFECTION PREVENTION & CONTROL CONSULTATION SERVICES 53
6.3.2.1 The provision of customized environmental services specific
to a healthcare facility ensures market demand 53
6.4 ENHANCED CLEANING TECHNOLOGY 54
6.4.1 RISING DEMAND FOR ADVANCED CLEANING SOLUTIONS TO DRIVE THE SEGMENT GROWTH 54
TABLE 10 EXAMPLES OF COMPANIES PROVIDING TECHNOLOGY & INNOVATION IN HEALTHCARE EVS 54
6.5 FRONT-OF-HOUSE CLEANING AND BRAND EXPERIENCE 56
6.5.1 RISING AWARENESS TOWARDS A CLEAN AND SAFE ENVIRONMENT DURING PANDEMICS TO SUSTAIN THE MARKET GROWTH 56
6.6 OTHER SERVICES 56
7 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE 57
7.1 INTRODUCTION 58
FIGURE 19 STATES WITH THE HIGHEST NUMBER OF COVID-19 ADMISSIONS
(FEBRUARY 2022) 58
TABLE 11 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET, BY FACILITY TYPE, 2019–2026 (USD MILLION) 59
7.2 ACUTE-CARE FACILITIES 59
TABLE 12 US: HEALTHCARE ENVIRONMENTAL SERVICES FOR ACUTE-CARE SETTINGS, BY TYPE 2019–2026 (USD MILLION) 59
7.2.1 ACUTE HOSPITALS 60
7.2.1.1 Increasing hospital admissions due to COVID-19 and the rising prevalence of HAIs propel the market growth 60
FIGURE 20 NUMBER OF HAIS REPORTED BY GENERAL ACUTE CARE HOSPITALS
IN THE US (2020) 60
FIGURE 21 HAIS REPORTED BY GENERAL ACUTE CARE HOSPITALS IN THE US (2020) 61
FIGURE 22 HAIS REPORTED BY CRITICAL ACCESS HOSPITALS (CAHS) IN THE US (2018) 61
7.2.2 MILITARY TREATMENT FACILITY 61
7.2.2.1 The increasing number of military ambulatory health services & funding to drive the market growth 61
FIGURE 23 MILITARY HEALTH SYSTEMS FACILITIES IN THE US (2021) 62
7.2.3 CHILDREN’S HOSPITALS 62
7.2.3.1 Rising cases of COVID-19 and infection-related mortality rates among children drive the market growth 62
7.2.4 AMBULATORY SURGERY CENTERS (ASCS) 63
7.2.4.1 ASCs save time and reduce the risk of HAIS; key factor driving the market growth 63
FIGURE 24 US SURGERY CASES BY SETTING: ASC VS. HOPD (2005-2020) 64
7.2.5 ACADEMIC MEDICAL CENTERS (AMCS) 64
7.2.5.1 Healthcare capacity expansion during COVID-19 drives the adoption of healthcare environmental services in AMCs 64
7.3 POST-ACUTE CARE FACILITIES 64
TABLE 13 US: HEALTHCARE ENVIRONMENTAL SERVICES FOR POST-ACUTE CARE SETTINGS, BY TYPE 2019–2026 (USD MILLION) 65
7.3.1 LONG-TERM ACUTE HOSPITALS (LTACH) 65
7.3.1.1 Increasing risk of infection due to prolonged hospital stays to drive the market growth 65
7.3.2 SKILLED NURSING FACILITIES (SNF) 66
7.3.2.1 Increasing admissions of elderly people in skilled nursing facilities to drive the market growth 66
7.3.3 OTHER POST-ACUTE CARE FACILITIES 66
7.4 NON-ACUTE CARE FACILITIES 67
TABLE 14 US: ENVIRONMENTAL SERVICES MARKET FOR NON-ACUTE CARE SETTINGS, BY TYPE, 2019–2026 (USD MILLION) 67
7.4.1 PHYSICIAN’S OFFICES AND CLINICS 67
7.4.1.1 High patient traffic leads to continuous cleaning & maintenance to drive the market growth 67
7.4.2 OTHER NON-ACUTE CARE FACILITIES 68
FIGURE 25 DISTRIBUTION OF INDUSTRY MEDICAL AND HEALTH R&D INVESTMENTS,
BY SEGMENT (2020) 68
8 COMPETITIVE LANDSCAPE 70
8.1 OVERVIEW 70
8.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 70
8.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE HEALTHCARE ENVIRONMENTAL SERVICES MARKET 71
8.3 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS 72
8.4 MARKET RANKING ANALYSIS 73
FIGURE 27 US HEALTHCARE ENVIRONMENTAL SERVICE MARKET RANKING,
BY KEY PLAYER, 2020 73
8.5 COMPETITIVE BENCHMARKING 75
TABLE 15 FOOTPRINT OF COMPANIES IN THE HEALTHCARE ENVIRONMENTAL
SERVICES MARKET 75
TABLE 16 SERVICE FOOTPRINT OF COMPANIES 76
TABLE 17 END-USER FOOTPRINT OF COMPANIES 77
8.6 COMPETITIVE LEADERSHIP MAPPING 77
8.6.1 STARS 78
8.6.2 EMERGING LEADERS 78
8.6.3 PERVASIVE PLAYERS 78
8.6.4 PARTICIPANTS 78
FIGURE 28 US HEALTHCARE ENVIRONMENTAL SERVICES MARKET:
COMPETITIVE LEADERSHIP MAPPING (2021) 79
8.7 COMPETITIVE SCENARIO 80
8.7.1 SERVICE APPROVALS/ENHANCEMENTS 80
8.7.2 DEALS 81
TABLE 19 DEALS, 2018–2022 81
8.7.3 OTHER DEVELOPMENTS 82
9 COMPANY PROFILES 83
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
9.1 SODEXO GLOBAL 83
TABLE 21 SODEXO GLOBAL: BUSINESS OVERVIEW 83
FIGURE 29 SODEXO GLOBAL: COMPANY SNAPSHOT (2021) 84
9.2 COMPASS GROUP (CROTHALL HEALTHCARE (US)) 87
TABLE 22 COMPASS GROUP: BUSINESS OVERVIEW 87
FIGURE 30 COMPASS GROUP: COMPANY SNAPSHOT (2021) 88
9.3 ARAMARK CORPORATION 90
TABLE 23 ARAMARK CORPORATION: BUSINESS OVERVIEW 90
FIGURE 31 ARAMARK CORPORATION: COMPANY SNAPSHOT (2021) 91
9.4 HOSPITAL HOUSEKEEPING SYSTEMS (HHS) (US) 94
TABLE 24 HOSPITAL HOUSEKEEPING SYSTEMS (HHS): BUSINESS OVERVIEW 94
9.5 HEALTHCARE SERVICES GROUP, INC. 97
TABLE 25 HEALTHCARE SERVICES GROUP, INC.: BUSINESS OVERVIEW 97
FIGURE 32 HEALTHCARE SERVICES GROUP: COMPANY SNAPSHOT (2020) 98
9.6 ABM INDUSTRIES INCORPORATED 100
TABLE 26 ABM INDUSTRIES INCORPORATED: BUSINESS OVERVIEW 100
FIGURE 33 ABM INDUSTRIES INCORPORATED: COMPANY SNAPSHOT (2020) 101
9.7 OCTOCLEAN 103
TABLE 27 OCTOCLEAN: BUSINESS OVERVIEW 103
9.8 SERVICEMASTER CLEAN (SERVICEMASTER TBS) 105
TABLE 28 SERVICEMASTER CLEAN.: BUSINESS OVERVIEW 105
9.9 CORVUS JANITORIAL SYSTEMS 107
TABLE 29 CORVUS JANITORIAL SYSTEMS: BUSINESS OVERVIEW 107
9.10 BRAVO! BUILDING SERVICES 109
TABLE 30 BRAVO! BUILDING SERVICES: BUSINESS OVERVIEW 109
9.11 POWERLINK ENVIRONMENTAL SERVICES, LLC 111
TABLE 31 POWERLINK ENVIRONMENTAL SERVICES, LLC: BUSINESS OVERVIEW 111
9.12 JANI-KING INTERNATIONAL, INC. 112
TABLE 32 JANI- KING INTERNATIONAL, INC: BUSINESS OVERVIEW 112
9.13 AVI FOOD SYSTEMS(US) 114
TABLE 33 AVI FOOD SYTEMS, INC.: BUSINESS OVERVIEW 114
9.14 SERVICON 115
TABLE 34 SERVICON: BUSINESS OVERVIEW 115
9.15 XANITOS, INC. 117
TABLE 35 XANITOS, INC.: BUSINESS OVERVIEW 117
9.16 STATHAKIS 119
TABLE 36 STATHAKIS: BUSINESS OVERVIEW 119
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
10 APPENDIX 120
10.1 INSIGHTS FROM INDUSTRY EXPERTS 120
10.2 DISCUSSION GUIDE 121
10.3 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 124
10.4 AVAILABLE CUSTOMIZATIONS 126
10.5 RELATED REPORTS 126
10.6 AUTHOR DETAILS 127
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