A research study titled, “Diabetic
Foot Ulcers and Pressure Ulcers Market by Type of Wound, Treatment Type,
and End User - Global Industry Analysis and Forecast to 2025” published by
Crystal Market Research, states that the diabetic foot ulcer and pressure ulcer
market is projected to be around $5.2 billion by 2025.
Diabetic foot and
pressure ulcers are chronic wounds caused by increased pressure and low
angiogenic response i.e., decreased formation of new
blood vessels. Diabetic foot ulcers are characterized by unusual swelling and
redness and odor from feet which are some of the early symptoms. High
prevalence of diabetes worldwide is one of the leading causes of diabetic foot
and pressure ulcers. According to California Podiatric Medical Association
(CPMA), 15% of people diagnosed with diabetes tend to develop a foot ulcer and
14 to 24% patients affected by foot ulcers will require amputation during their
lifetime. Such high prevalence of diabetes and high risk of developing foot and
pressure ulcers will drive the market growth during forecast period.
Furthermore, increasing incidence of pressure ulcers owing to high rate of
chronic diseases among geriatric population and longer hospitals stays will further
drive the market growth.
Browse full research report with TOC on “Diabetic
Foot Ulcers and Pressure Ulcers Market by Type of Wound, Treatment Type, and
End User - Global Industry Analysis and Forecast to 2025” at: https://www.crystalmarketresearch.com/report/diabetic-foot-ulcers-and-pressure-ulcers-market
Diabetic foot ulcers
segment dominated the global market in 2016 and is expected to continue its leading
position during the forecast period. This can be attributed to high risk of
developing foot ulcers among diabetic population and lack of preventive care. Wound
care dressing segment was responsible for the major share of the global market
in 2016, owing to swelling prevalence of diabetes requiring wound care
treatments. Hospital inpatient settings segment dominated the global market in
2016 and is projected to maintain its lead during the forecast period.
U.S. accounted for
the largest share of the North America diabetic foot ulcers and pressure ulcers
market in 2016. This large share can be attributed to increasing geriatric
population and rise in number of surgeries performed in the U.S. requiring longer
hospital stay. Furthermore, growing prevalence of hospital acquired pressure
ulcers will further contribute to the market growth. Emerging markets such as
China and India are expected to witness high growth during the forecast period
owing to rise in demand for minimally invasive wound-care procedures requiring
less hospital stay, increasing elderly population with high risk of developing
various chronic infections and rise in incidence of diabetes in this region.
Request a sample copy of Diabetic Foot Ulcers
and Pressure Ulcers Market Research Report @
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Product development
is the key strategy adopted by the key players operating in this market. These
companies are highly focused on the development of advanced wound care devices
to gain competitive advantage over their competitors. For instance, in September
2016, ConvaTec, Inc. launched AQUACEL Ag SURGICAL SP dressing, which helps in
reducing surgical site infections.
Some of the major
players operating in the global market include 3M Healthcare, Coloplast A/S, B.
Braun Melsungen AG, Acelity L.P. Inc., Molnlycke Health Care AB, ConvaTec,
Inc., Smith & Nephew Plc., Medtronic Plc, Medline Industries, Inc.,
Organogenesis, Inc., and BSN Medical GMBH.
Key Findings of the Research Study:
·
Diabetic
foot ulcer segment dominated the global market in 2016, owing to increasing
prevalence of diabetes and high risk of developing foot ulcers among diabetic
population.
·
Wound
care dressings segment accounted for the largest share of the market in 2016,
owing to its advantages in effective healing of wounds and ability to reduce
post treatment complications.
·
Hospital
inpatient settings segment accounted for one-third share of the global market
in 2016 and will continue to lead the market during the forecast period.
·
North
America accounted for over one-third share of the global market in 2016, owing
to increasing geriatric population with high risk of developing chronic
diseases such as diabetes and rise in demand for minimal invasive surgeries
requiring shorter hospital stay.
·
Asia-Pacific
is projected to grow at fastest CAGR during forecast period owing to high
prevalence of diabetic population in the region and highly unmet medical needs.
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Diabetic Foot Ulcers and Pressure Ulcers market
Segmentation
By Type of Wound:
- Diabetic Ulcers
o
Grade 0
o
Grade 1
o
Grade 2
o
Grade 3
o
Grade 4
o
Grade 5
- Pressure Ulcers
o
Stage 1
o
Stage 2
o
Stage 3
o
Stage 4
By Treatment Type:
- Wound Care Dressings
o
Foam Dressings
o
Film Dressings
o
Hydrocolloid Dressings
o
Surgical Debridement
o
Hydrogel Dressings
- Bio-actives
o
Growth Factors
o
Skin Grafts and Skin
Substitutes
o
Others
- Wound Care Devices
o
Negative Pressure Wound
Therapy
o
Ultrasound Therapy
o
Others
By End User:
- Hospital Inpatient Settings
- Hospital Outpatient Settings
- Community Health Centers
- Home Healthcare
- Others
By Region:
- North America
o
U.S
o
Canada
o
Mexico
- Europe
o
Germany
o
France
o
UK
o
Italy
o
Spain
o
Rest of Europe
- Asia-Pacific
o
Japan
o
China
o
Australia
o
India
o
South Korea
o
Rest of Asia-Pacific
- Rest of the World
o
Brazil
o
South Africa
o
Saudi Arabia
o
Turkey
o
United Arab Emirates
o
Others
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