Market Overview:
The global sheath fluid market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for single and multi-sheath fluids in medical and biotechnology applications. North America is expected to dominate the global sheath fluid market during the forecast period, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
A sheath fluid is a sterile, nonpyrogenic solution that is used to fill the space between a medical device and the surrounding tissue. Sheath fluids help to create a smooth surface between the device and tissue, which can minimize irritation and improvedevice performance.
Single sheath flow:
Single sheath flow is a process in which fluid is transported through only one pipe at a time. It has high usage rate and growth factor in the market as it can be used for various applications such as oil & gas, chemicals, power generation industries and pharmaceuticals.
Increasing demand for crude oil from various end-use industries such as power generation, transportation fuels and chemical industry will drive the global single sheath flow market over the forecast period.
Multi-sheath flow:
Multi-sheath flow is the process of fluid movement through more than one sheath. It is used to describe the phenomenon where a liquid moves from one anatomical structure to another, which is different in both anatomical structures. The first sheath and last sheath are connected by a channel or pipeline.
Application Insights:
Medical application dominated the overall industry in terms of revenue share in 2017. This is attributed to a high preference for sheath fluids by medical professionals for various applications including dialysis, chemotherapy, and blood transfusion. Moreover, increasing R&D activities pertaining to the usage of biocompatible fluids for cardiovascular surgeries are expected to propel growth during the forecast period.
The others segment includes food & beverage processing and packaging among other industries such as chemical manufacturing that require sterile products without any contamination issues. The demand from these sectors is anticipated to increase significantly over the next eight years owing to rising health concerns among consumers coupled with an increased focus on maintaining production standards within companies globally which will further boost industry growth over the forecast period.
Regional Analysis:
North America dominated the global sheath fluid market in 2017 owing to the presence of major pharmaceutical companies and well-established healthcare infrastructure. Moreover, increasing R&D activities for new product development and clinical trials are expected to drive the regional growth over the forecast period. Asia Pacific is expected to witness lucrative growth during the forecast period due to rising disposable income, improving healthcare facilities & infrastructure along with growing awareness about various treatment options available for cardiovascular diseases. In addition, favorable government initiatives such as “Hospital Efficient Management Programme†(HEM) in China are anticipated to boost its adoption rate over next eight years.
The key players operating in this industry include Baxter International; Johnson & Johnson Services Inc.; B Braun Melsungen AG; Fresenius Kabi USA LLC; CSL Behring GmbH; Merck KGaA Darmstadt GmbH & Co., Ltd.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Sheath fluids are an essential part of minimally invasive surgery procedures and will thus experience high demand in the coming years.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, heart disease, and diabetes is on the rise due to changing lifestyles and increasing aging populations. These diseases are often treated with surgical procedures that require sheath fluids for proper execution. Thus, the growing incidence of chronic diseases will lead to increased demand for sheath fluids in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sheath Fluid Market Research Report
By Type
Single sheath flow, Multi-sheath flow
By Application
Medical, Biotechnology, Others
By Companies
Becton, Dickinson and Company, BD Biosciences, Abbott Laboratories, Siemens Healthcare Diagnostics Inc, SYSMEX CORPORATION, Iris Diagnostics ,a Division of IRIS International Inc, Bio-RadLaboratories,Inc, Guangzhou Hetian Biotechnology, WuXi Kairui Biotechnology, Becton, Dickinson and Company, BD Biosciences
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Sheath Fluid Market Report Segments:
The global Sheath Fluid market is segmented on the basis of:
Types
Single sheath flow, Multi-sheath flow
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Biotechnology, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Becton, Dickinson and Company, BD Biosciences
- Abbott Laboratories
- Siemens Healthcare Diagnostics Inc
- SYSMEX CORPORATION
- Iris Diagnostics ,a Division of IRIS International Inc
- Bio-RadLaboratories,Inc
- Guangzhou Hetian Biotechnology
- WuXi Kairui Biotechnology
- Becton, Dickinson and Company, BD Biosciences
Highlights of The Sheath Fluid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single sheath flow
- Multi-sheath flow
- By Application:
- Medical
- Biotechnology
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sheath Fluid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sheath fluid is a type of lubricant that is used to keep the blade of a knife or other tool from sticking to the sheath.
Some of the key players operating in the sheath fluid market are Becton, Dickinson and Company, BD Biosciences, Abbott Laboratories, Siemens Healthcare Diagnostics Inc, SYSMEX CORPORATION, Iris Diagnostics ,a Division of IRIS International Inc, Bio-RadLaboratories,Inc, Guangzhou Hetian Biotechnology, WuXi Kairui Biotechnology, Becton, Dickinson and Company, BD Biosciences.
The sheath fluid market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sheath Fluid Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sheath Fluid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sheath Fluid Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sheath Fluid Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sheath Fluid Market Size & Forecast, 2020-2028
4.5.1 Sheath Fluid Market Size and Y-o-Y Growth
4.5.2 Sheath Fluid Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single sheath flow
5.2.2 Multi-sheath flow
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Biotechnology
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sheath Fluid Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sheath Fluid Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single sheath flow
9.6.2 Multi-sheath flow
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Biotechnology
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single sheath flow
10.6.2 Multi-sheath flow
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Biotechnology
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single sheath flow
11.6.2 Multi-sheath flow
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Biotechnology
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single sheath flow
12.6.2 Multi-sheath flow
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Biotechnology
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single sheath flow
13.6.2 Multi-sheath flow
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Biotechnology
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sheath Fluid Market: Competitive Dashboard
14.2 Global Sheath Fluid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Becton, Dickinson and Company, BD Biosciences
14.3.2 Abbott Laboratories
14.3.3 Siemens Healthcare Diagnostics Inc
14.3.4 SYSMEX CORPORATION
14.3.5 Iris Diagnostics ,a Division of IRIS International Inc
14.3.6 Bio-RadLaboratories,Inc
14.3.7 Guangzhou Hetian Biotechnology
14.3.8 WuXi Kairui Biotechnology
14.3.9 Becton, Dickinson and Company, BD Biosciences
