incontinence care market - how can you absorb the change?
DESCRIPTION
An analyst briefing about the changing dynamic of the global incontinence care market.TRANSCRIPT
Incontinence Care Market – How Can You Absorb the Change?
Changing Dynamics of the Global Incontinence Care Market
Beulah Devadason, Senior Research AnalystBeulah Devadason, Senior Research Analyst
Healthcare EIA
21st March 2012
© 2012 Frost & Sullivan. All rights reserved. This document contains highly confidential information and is the sole property of Frost & Sullivan. No part of it may be circulated, quoted, copied or otherwise reproduced without the written approval of Frost & Sullivan.
Today’s Presenter
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Focus Points
• Market Overview
• Market Segments
• The Incontinence Care Market: Yesterday, Today, and
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Tomorrow
• Key Trends: Challenges and Drivers
• Revenue Forecasts
• Conclusion: Key Take-aways
Occasion for the Analyst Briefing
• Incontinence care market has seen high growth rates through the
economic downturn
• Global incontinence market estimated over $5.0 Billion in 2011
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• Increasing prevalence of urinary incontinence
• Customer centric innovations from market participants
Market Overview and Segments
US, Europe and Japan are the major regional markets
Market Segments include:
• Absorbent Products
• Incontinence Clamp
• Drainage Bags
• Incontinence Cleaners
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Source: Frost & Sullivan Analysis.
• Skin Protection
• Urinals
• Odour Control
• Catheters
The Incontinence Care Market: Yesterday, Today, and Tomorrow
• Market has seen double-digit growth throughout the last decade
• Absorbent products form 90 to 95 percent of all incontinence care
product revenues
• US, Europe, and Japan continue to dominate the regional market
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• Japan is the fastest growing regional market
• Ageing population a key driver for this market
• Product innovation boosts sales
• Incontinence care market – the sunshine continues…
Source: Frost & Sullivan Analysis.
Key Trends: Challenges and Drivers
Challenges:
1. Threat of alternates and substitutes
2. Threat of low-cost manufacturers
3. Increasing demands of an active elderly population
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Drivers:
1. Ageing population in key regional markets
2. Increasing awareness and acceptance of incontinence care products
3. Innovations to personalize products to specific consumer segments
Source: Frost & Sullivan Analysis.
Revenue Forecasts
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Source: Frost & Sullivan Analysis.
• Global incontinence care market valued at $5.26 Billion in 2010.
• Estimated to grow at a CAGR of 3.8 percent to $7.08 Billion in 2017.
Conclusion: Key Take-aways
1APAC region will provide significant growth opportunities to market participants investing in establishing distribution structures
9
Source: Frost & Sullivan Analysis.
2 New entrants from APAC region to target the west
3 Customer-centric product innovation to increase market penetration
Next Steps
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For Additional Information
Janique Morvan
Corporate Communications
Healthcare
+ 33 (0) 679 22 4142
Beulah Devadason
Senior Research Analyst
Healthcare
(+91-44) 6681- 4194
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Sowmya Rajagopalan
Research Manager
Healthcare
(+91-44) 6681- 4146
Noel Anderson
European Vice President
New Business Development
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