Global Diabetic Ulcer Treatment Market Research Report: By Type (Foot Ulcer, Mouth Ulcer), By Treatment (Wound Care Dressings, Wound Care Devices, Active Therapies) and By End-User (Hospitals and clinics, Ambulatory Surgical Centers, Academic and Research Organization) – Forecast to 2027
Market Highlights
According to MRFR analysis, the global diabetic ulcer treatment market is expected to register a CAGR of ~8.50% during the forecast period of 2019 to 2025 and would value USD 7500 Million by 2025.
The diabetic ulcer treatment affects the movement or musculoskeletal systems such as muscles, tendons, and ligaments. These disorders are also known as repetitive motion injuries. Diabetic ulcer treatment can arise by making the same motion repeatedly or lifting heavy objects. They affect different parts of the body, mainly the upper and lower back and neck.
The growth of global the diabetic ulcer treatment market is driven by various factors such as increasing global geriatric patient population, rising prevalence, and rising prevalence rate of diabetic foot ulcer patients. However, high costs of diabetic ulcer treatment and unmet medical need for diabetic ulcer in underdeveloped regions are expected to curb the growth of the global diabetic ulcer treatment market.
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The global diabetic ulcer treatment market is currently dominated by several market players. The key players are involved in product launches and strategic collaborations to strengthen their market positions.
Regional Analysis
The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas is expected to be the largest market owing to the increasing prevalence of diabetic ulcer treatment and rising per capita healthcare expenditure. The diabetic ulcer treatment market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European diabetic ulcer treatment market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The diabetic ulcer treatment market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the increasing patient pool of diabetic ulcer treatment and technological advancements in the healthcare sector, Asia-Pacific is expected to be the fastest-growing. The diabetic ulcer treatment market in the Middle East & Africa has been divided into the Middle East and Africa.
Segmentation
The global diabetic ulcer treatment market has been segmented based on type, treatment, and end user.
The market, based on type, has been divided into foot ulcer, mouth ulcer, and others. The foot ulcer segment is further sub-segmented in neuropathic ulcers, neuro-ischemic ulcers, and ischemic ulcers. The foot ulcer segment holds the major share of the diabetic ulcer treatment market. The proportion of neuropathic ulcers, neuro-ischemic ulcers, and ischemic ulcers shown by a study are 54%, 34%, and 10% respectively. Some factors that mainly cause this ulcer are low awareness, low economic position, ignorance towards foot ulcer, and others. The end user segments of the market are hospitals and clinics, ambulatory surgical centers, academic and research organizations, and others. The hospitals and clinics segment is expected to hold the largest share of the market as these centers are the primary locations for patients receiving ulcer treatments and surgery.
Key Players
Some of the key players in the global diabetic ulcer treatment market are Smith & Nephew PLC (UK), Integra LifeSciences Corporation (US), SANUWAVE Health, Inc. (US), Cardinal Health (US), ACELITY L.P. INC. (US), ConvaTec Group PLC (UK), Organogenesis Inc. (US), Mölnlycke Health Care AB (Sweden), Essity Aktiebolag (Sweden), 3M (US), and B. Braun Melsungen AG (Germany).
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Global Diabetic Ulcer Treatment Market Research Report: By Type (Foot Ulcer, Mouth Ulcer), By Treatment (Wound Care Dressings, Wound Care Devices, Active Therapies) and By End-User (Hospitals and clinics, Ambulatory Surgical Centers, Academic and Research Organization) – Forecast to 2027Diabetic ulcers are open wounds that appear in diabetics at the bottom of their foot.
Treatment of ulcers and amputations caused by these cost massive hospitalization fees and has triggered the need for effective therapies and methods.
The global diabetic ulcer treatment market report by Market Research Future (MRFR) looks at amputations and neurological indications of these ulcers and predicts the future of their treatments for the period of 2019 to 2025 (forecast period).Market ScopeThe global diabetic ulcer treatment market is expected to display a CAGR of 8.5% over the forecast period.
According to the American College of Physicians, diabetic foot ulcers statistics accounted to 6.3% cases annually.
Standards outlined by healthcare organizations for getting annual foot exams annually can work in favor of the market.Technological developments in wound care products and its subsequent adoption in healthcare organizations can fuel the market growth.
Removal of dead tissues, control of blood sugar levels, and hyperbaric surgery are few treatment options for diabetic ulcers.But high costs of diabetic ulcer treatment can restrain the market growth.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/8360 SegmentationThe global diabetic ulcer treatment has been segmented by type, treatment, and end-user.By type, it is divided into foot ulcer and mouth ulcer.
Treatment of ulcers and amputations caused by these cost massive hospitalization fees and has triggered the need for effective therapies and methods.
The global diabetic ulcer treatment market report by Market Research Future (MRFR) looks at amputations and neurological indications of these ulcers and predicts the future of their treatments for the period of 2019 to 2025 (forecast period).Request Sample Copy:https://www.marketresearchfuture.com/sample_request/8360SegmentationThe global diabetic ulcer treatment has been segmented by type, treatment, and end-user.By type, it is divided into foot ulcer and mouth ulcer.
Use of wound dressings and biologics for lowering the rate of amputations and successful treatment of DFU can drive the diabetic foot ulcer market during the forecast period.By treatment, it is segmented into active therapies, wound care dressings, and wound care devices.
Wound dressing held the largest share of the market due to the large number of diabetics.By end-user, it is segmented into academic and research organizations, hospitals and clinics, and ambulatory surgical centers.
It was valued at USD 7500 million in 2018.
Standards outlined by healthcare organizations for getting annual foot exams annually can work in favor of the market.Technological developments in wound care products and its subsequent adoption in healthcare organizations can fuel the market growth.
The global diabetic ulcer treatment market size is projected to reach USD 13.22 billion by 2026.
Recent advancements in treatment options associated with the disease will have a positive impact on the growth of the market.
According to a published report, titled “Diabetic Ulcer Treatment Market Size, Share and Global Trend By Ulcer Type (Foot Ulcer (Neuropathic Ulcer, Ischemic Ulcer, and Neuro-ischemic Ulcer), Mouth Ulcer, and Others), By Treatment Type (Wound-care Dressings, Wound-care Devices, Active Therapies, and Others), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, and Homecare Settings), and Regional Forecast, till 2026,” the market was worth USD 7.72 billion in 2018 and will exhibit a CAGR of 7% during the forecast period, 2019-2026.The growing prevalence of diabetic foot ulcers across the world has opened up a huge potential for growth for the companies operating the market.
The increasing number of treatment options and the products associated with the disease will emerge in favour of the growth of the market in the coming years.
Moreover, the increasing number of regulatory clearances has encouraged companies to invest more towards developing newer products.For More Information:https://www.fortunebusinessinsights.com/diabetic-ulcer-treatment-market-102412Increasing Number of Company Mergers Will Provide Impetus to Market GrowthThe report encompasses several factors that have contributed to the growth of the market in recent years.
The report also focuses of a few of the major drug approvals of recent times and gauges their impact on market growth.
