Nephrology and Urology Devices Market to 2017 - Usage of Incontinence devices by the Elderly Population to Drive Market

Additional Information

GBI Research’s report, “Nephrology and Urology Devices Market to 2017 - Usage of Incontinence devices by the Elderly Population to Drive Market” provides key data, information and analysis on the global nephrology and urology devices market. The report provides market landscape, competitive landscape and market trends information on three nephrology and urology devices categories - Incontinence Devices, Lithotripters and Renal Dialysis Equipment. The report provides comprehensive information on the key trends affecting these categories, and key analytical content on the market dynamics. The report also reviews the competitive landscape and a detailed analysis of the pipeline products in each category. The report also reviews details about important merger and acquisition deals that have taken place in the nephrology and urology devices market during the past four years. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research’s team of industry experts.

The Global Nephrology and Urology Devices Market is Forecast to Reach $24.2 billion in 2017

Nephrology and Urology Devices Market, Global, Overall Revenues ($bn), 2010-2017

Source: GBI Research, Company Annual Reports and Interviews with Industry Experts and Key Opinion Leaders

The global market for nephrology and urology devices is forecast to exceed $24.2 billion by 2017 with a compounded annual growth rate (CAGR) of 7.2% from 2010 to 2017. Incontinence devices worth $8.7 billion; renal dialysis equipment worth $6 billion; and lithotripters worth $0.2 billion constitute the nephrology and urology market in 2010. The incontinence devices market was the largest segment in 2010, with a 58% share, the remaining 42% was contributed by renal dialysis equipment and lithotripters. The total market is expected to be driven through 2010-2017 by the increasing prevalence of diabetes and hypertension, a rapidly aging population and a shortage of kidney donors for transplant. The market is expected to be driven by demand from the US, Japan, Germany, Brazil and Canada. The focus of these countries is on technological advancements in minimally invasive surgeries such as extracorporeal shock wave lithotripsy (ESWL) and laser lithotripsy. ESWL has brought enhancement in surgery, over open surgery and increased the adoption rates of patients for minimally invasive surgery. A shortage of donors for kidney transplantation will lead to the growth of the renal dialysis devices market with more patients undergoing renal dialysis procedures. The growing incidence of end-stage renal disease and increased reimbursement levels for renal dialysis will support the growth of the renal dialysis equipment market. Moreover, strong pipeline products with better operational efficiency, safety and effectiveness are expected to drive market growth.

Fresenius Medical Care AG & Co. KGaA was the Leading Company in the Global Nephrology and Urology Devices Market in 2009

Nephrology and Urology Devices Market, Global, Company Share (%), 2009

Source: GBI Research, Company Annual Reports and Interviews with Industry Experts and Key Opinion Leaders

In 2009, Fresenius Medical Care AG & Co. KGaA, with a 12.5% share, was the leader in the global nephrology and urology devices market, followed by Svenska Celulosa Aktiebolaget SCA with 12% and Baxter International Inc with 8%. The other significant players in this market are Gambro AB with a 7% market share and Kimberly-Clark Corporation with 6%. These major players have been market leaders in their individual sub-categories such as Fresenius Medical Care AG & Co. KGaA is a market leader in the renal dialysis equipment market and Svenska Celulosa Aktiebolaget is a market leader in the incontinence devices market, which is the largest category in the nephrology and urology devices market. Fresenius Medical Care AG & Co. KGaA offers various dialysis equipments as well as dialysis services through its dialysis clinic chain, which has made it a leading company in the nephrology and urology devices market.

Incontinence Devices to Continue to be the Largest Category in the Global Nephrology and Urology Devices Market

In 2010, the incontinence devices contribution towards the global nephrology and urology devices market was 58%. This contribution is forecast to increase to 59% by 2017. The global market for incontinence devices was valued at $8.7 billion in 2010, and is forecast to grow at a CAGR of 7.3% to reach $14.2 billion in 2017. The market is expected to be driven by an increasing number of the US and worldwide aging population, which will have a greater impact on the incontinence market. According, to the US government’s agency for healthcare research and quality, many women suffer from some type of urinary incontinence, especially stress incontinence. About one woman in four between the ages of 30 and 59 experiences a urinary incontinence condition. Moreover, stricter regulations worldwide by government will influence hospitals and physicians to adopt foley’s catheter to reduce hospital acquired infections driving the incontinence devices market revenue.

Robust Pipeline in Renal Dialysis Equipment Market is Expected to Bring New Products and Increase Competition in the Global Market

Nephrology and Urology Devices, Global, Pipeline Product Summary (%), 2010

Source: GBI Research, Company Annual Reports and Interviews with Industry Experts and Key Opinion Leaders

Renal dialysis equipment market has the highest number of pipeline products. Having such a robust pipeline would mean that new products with improved technologies can be expected to be launched in the coming years. This would lead to change in usage patterns from the surgeon’s point of view. For the industry, it would also mean increased competition and for the patients, an increase in choices. There are about 54 pipeline products for renal dialysis, which include hemodialysis equipment, peritoneal dialysis equipment and dialysis accessories. Hemodialysis equipment forms the majority of the pipeline products within renal dialysis equipment. Therefore many new products because of high unmet need are expected to be launched in this segment.