Nephrology and Urology Devices Market Outlook in Australia to 2017 - Incontinence Devices, Renal Dialysis Equipment and Others
- Published: March 2011
- Region: Australia
Global Dialysis Market 2009-2013 report by Technavio Insights forecasts the Dialysis market to grow at a CAGR of 7.2 percent, with Americas (including North America and Latin America) having the largest market share of 51.4 percent.
The major growth drivers include:
- Consumers are more aware of healthcare than before, thus they give high priority to preventive and therapeutic care
- Increasing portability of dialysis products, which means the products can be easily carried by the end users, for example home-based dialysis systems are gaining popularity as they provide convenience of being used by patients at home
- Increasing cost control initiatives by the Government, which offers large number of public healthcare programs and includes reimbursement of the costs for a majority of dialysis treatments
However, the market is faced with some challenges which can inhibit the growth. The dialysis product manufacturers experience continuous demand for improving dialysis products. This could lead to an increase in the product price, which could turn out to be a deterrent. Another growth inhibitor can be high cost of dialysis and availability of alternative treatments, which can naturally turn away the users from these products.
For the purpose of this report, the Global Dialysis market refers to the methods to treat End-Stage Renal Disease (ESRD) which is an irreversible loss of kidney function which includes artificial means for removal of toxins and excess fluids from the bloodstream. The report analyzes Dialysis market’s recent performance and provides worldwide market revenue and growth rates from 2009 through to 2013.
the report provides the market segmentation and forecasts for the market in each region (Americas, EMEA, APAC) for the period 2009 through to 2013. It includes comprehensive analysis of various trends and changes taking place in the Dialysis market around the globe.
It further explains the factors influencing market growth and also inhibitors preventing their adoption. It also provides basic profiles of some of the leading vendors in the market SHOW LESS READ MORE >
2. Market Size and Forecast
3. Product Segmentation
4. Geographic Segmentation
4.1. Market Size in Americas
4.2. Market Size in EMEA
4.3. Market Size in APAC
5. Market Trends in Dialysis
6. Market Drivers in Dialysis
7. Market Challenges in Dialysis
9. Related Reports in this Series
List of Exhibits
Exhibit 2.1: Dialysis Market Size & Forecast 2009-2013 (In $billion)
Exhibit 3.1: Dialysis Product Segmentation -2009
Exhibit 4.1: Geographic Segmentation - 2009
Exhibit 4.2: Dialysis Market Size in Americas 2009-2013 (in $billion)
Exhibit 4.3: Dialysis Market Size in EMEA 2009-2013 (in $billion)
Exhibit 4.4: Dialysis Market Size in APAC 2009-2013 (in $billion)
Increasing Integration in the Global Dialysis Market
Constantly changing demographics and increasing number of terminal kidney failures have led to a large number of dialysis patients. This coupled with secured access to treatment has been opening up tremendous opportunities for growth in the global dialysis market at a global level.
Integration between product manufacturers and service providers is becoming a popular means of cutting down on cost of service delivery. Vertical integration that enables product manufacturers to double up as services providers is another emerging trend. Developing economies in regions such as Eastern Europe and Asia are high potential areas for dialysis services and products
TechNavio’s analyst says, “The dialysis services segment has demonstrated far greater potential than the products segment. This will continue to encourage product manufacturers to acquire dialysis clinics or become vertically integrated dialysis providers.”
According to TechNavio, dialysis services accounted for $53.6 billion or 84.7 % of the total dialysis market. While dialysis products accounted for the rest of the dialysis market with $9.7 billion. The global dialysis market will see steady growth as a result of increasing aging population and diabetic patients.