Kidney Dialysis Equipment and Supplies: A Global Strategic Business Report
San Jose, CA (Vocus) September 8, 2010
Dialysis is the mechanism through which toxins, fluids, and salts are artificially removed for cleaning the blood of End-stage Renal Disease (ESRD) patients. Growth in the multi-billion dollar dialysis industry is driven primarily by demographic factors. The continuous rise in the number of people suffering from chronic kidney failure and the subsequent need for frequent dialysis is expected to fuel sales in the market. Despite the smaller base of global dialysis patient population, the industry’s stable and non-cyclical characteristic implies that the sector remains relatively unaffected by adverse economic conditions that have crippled majority of the industrial sectors. The number of dialysis patients is expected to witness rapid growth in developing economies such as India and China, while developed countries are expected to witness steady rise in patient population as the numbers are already high in these markets.
The worldwide dialysis industry exhibited resistance to the global economic slowdown, managing to register growth owing to the continuous rise in the number of patients suffering from chronic kidney failure and the sustained efforts being made by governments to provide adequate healthcare to this expanding patient population. Decline in government healthcare expenditure, owing to economic downturn, is expected to result in an increase in the number of private run dialysis centers. Additionally, several countries are also permitting private enterprises and individuals to operate dialysis centers resulting in higher market growth.
The United States, Europe, and Japan collectively account for more than 75% share of the sales in the global kidney dialysis equipment and supplies market, as stated by the new market research report on kidney dialysis equipment and supplies. An aging population, and rising incidence of hypertension and diabetes – the two major precursors for end-stage renal disease (ESRD) - are expected to drive the dialysis treatment market. In addition, rising life expectancies of dialysis patients owing to improvements in treatment procedures and rising standards of living (in developing countries) contribute to their higher demand. Rapid growth in the number of patients requiring dialysis is expected to boost the demand for products used in dialysis, including dialysis filters and machines for steering the dialysis process. Additionally, consumables and supplies such as solutions and concentrates, and high-margin products including medications are also expected to witness higher demand.
Global market for kidney dialysis equipment and supplies is demonstrating impressive growth led by increased demand from emerging markets of Eastern Europe, Latin America, and Asia-Pacific. The market is particularly strong in developing countries such as India, China and Brazil. These nations would provide additional customer base to dialysis providers, provided additional treatment facilities are operated, and access to finance is made easier. Privatization of healthcare system, and greater patient access to healthcare are expected to drive growth of dialysis products. Asia-Pacific, the fastest growing regional market for kidney dialysis equipment and supplies, is expected to grow at a compounded annual rate of more than 7.0% over the analysis period.
Hemodialysis is expected to remain the preferred treatment option. The higher infection risk linked to incorrect peritoneal dialysis leads to rise in demand for hemodialysis. To address this increase in demand, physicians and nephrologists are setting up private dialysis centers for providing treatment facilities to patients, thereby resulting in the emergence of profitable outpatient dialysis centers. Rising incidence of ESRD and the self-administrable and easy-to-use characteristic of peritoneal dialysis are expected to foster growth in the peritoneal dialysis equipment and supplies market.
The global kidney dialysis market is dominated by a few large multinational companies, while the remaining market comprises of smaller companies, and companies with regional presence. Fresenius Medical Care AG & Co. KGaA, Baxter International Inc., and Gambro AB are the top three players in the global market. Other key players profiled in the report include Asahi Kasei Kuraray Medical Co., Ltd., B. Braun Melsungen AG, DaVita Inc., Diaverum, Nikkiso Co., Ltd., Nipro Corporation, NxStage Medical Inc., Teleflex Medical, Terumo Corporation, Toray Medical Co. Ltd., among others.
The report titled “Kidney Dialysis Equipment and Supplies: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, competitive scenario, product introductions/innovations, and recent industry activity. The study analyzes market data and analytics in terms of value sales for regions including the United States, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Kidney_Dialysis_Equipment_and_Supplies_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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