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Tuesday, 30 May 2017
New Research Explores on Australia Fluid Management Equipment 2017
Australia Market Report for Fluid Management Equipment 2017 - MedCore is a new market research publication announced by Reportstack.
General Report Contents
• Market Analyses include: Unit Sales, ASPs, Market Value & Growth Trends • Market Drivers & Limiters for each chapter segment • Competitive Analysis for each chapter segment • Section on recent mergers & acquisitions The fluid management equipment market is emerging in Australia and as more physicians realize the importance of fluid management pumps for patient safety, this market is projected to grow. Pressure-sensitive pumps reduce the flow rate when the preset level is reached, as opposed to gravity bags or simple pump devices that continue to press fluid into the uterine cavity regardless of resistance. While the benefit of using pressure-sensitive pumps is less vital for diagnostic hysteroscopy and simple procedures, maintenance of standard intrauterine pressure is essential for prolonged operative interventions.
Asia and Oceania are transitioning from gravity bags to pumps at a much slower rate than the global norm. The consensus in Australia is that gravity bags with a pressure cuff work well enough and many hospitals and clinics feel their resources are better allocated towards other priorities. Patient safety regarding fluid management is still not well emphasized. As fluid management increasingly becomes the standard of care, both in Australia and internationally, the trend from gravity bags to pumps will increase. Interestingly, there is a correlation between hysteroscopy and fluid management: medical professionals that are trained in hysteroscopy are more likely to advocate for fluid management equipment to improve patient safety during procedures. As hysteroscopy increases in Australia, it is possible it will act as an incentive to invest in fluid management as well.
The Australian market value is increasing over the reporting period. It is worth noting that despite an increase in sales projected over the forecast period, the ASP of fluid management systems is remaining stable. Hospitals are leading the trend towards fluid management capital equipment. Hospitals are upgrading from gravity bags to pumps. There is also a small replacement market as hospitals upgrade to pumps with superior technology. Overall, clinics will continue to comprise a small, stable share of the market. Many clinics and physicians are still cost-conscious as the economy is continuing to recover. This has led to hesitation about investing in new products that are non-essential. The growth in fluid management capital equipment will continue to increase, however, the growth in unit sales is expected to mirror the health of the economy overall.
Cook Medical Cooper Surgical Vitrolife Boston Scientific Karl Storz Johnson & Johnson Olympus Irvine Scientific Coloplast Kitazato Life Global Richard Wolf Carl Zeiss Rocket Medical Stryker Esco Global Merck KGaA - Genea Biomedx Leica Vitromed Merit Medical Systems Medtronic Astec Bio BTG Hunter Scientific Others include: B-bridge International, Inc., FertiPro, Reproline Medical, Nidacon Medical, Pentax, Hologic, Medgyne, Promis Medical, Ecleris, etc.