28-May-2024 | Zion Market Research
As per the researchers at Zion Market Research, the valuation of the global diabetic foot ulcer (DFU) treatment market was at about USD 4.62 billion in 2023 and is projected to grow USD 7.47 Billion at a CAGR of about 5.50% during the forecast period. A few leading players actively participating in the global diabetic foot ulcer (DFU) treatment market are Medtronic Plc.; Acelity L.P. Inc.; ConvaTec, Inc.; Organogenesis; Coloplast A/S; 3M Healthcare; B. Braun Melsungen AG; Smith & Nephew Plc.; Molnlycke Health Care AB; Inc.; Medline Industries, Inc.; and BSN Medical GMBH. The market contenders spotlight on collaborations, new treatment planning, strategic planning, and research activities to attain constructive growth. At present, Coloplast, Smith & Nephew, Acelity, 3M Healthcare, and CovanTec are ruling the market, backed by good sales of their therapeutic solutions for diabetic foot ulcer treatment.
Browse the full “Global Diabetic Foot Ulcer (DFU) Treatment Market - By Ulcer Type (Neuro-Ischemic, Ischemic, And Neuropathic), By Treatment (Wound Care Dressings, Biologics, Antibiotic Medications, Therapy Devices, And Others), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024 – 2032.” Report at https://www.zionmarketresearch.com/report/diabetic-foot-ulcer-treatment-market
Rising Incidence Of Diabetes Likely To Propel The Demand For Diabetic Foot Ulcer Treatment
The increasing incidence of diabetes and the rapidly growing elderly population across the globe are the key factors that are projected to drive the growth of the diabetic foot ulcer (DFU) treatment market. However, the elevated price of ulcer management is expected to obstruct the growth of the market. Nevertheless, several underdeveloped and developing nations reveal a dearth of healthcare facilities, consequently restricting market expansion. Nonetheless, implementation of novel therapeutics, sustained prioritization to shun amputations & surgeries, and improved biologics are projected to offer noteworthy prospects for the growth of the diabetic foot ulcer (DFU) treatment market during the forecast period.
Biologics Segment, Based On Treatment, To Witness Substantial Growth In the Coming Period
The global diabetic foot ulcer (DFU) treatment market, based on treatment, has been divided into biologics, wound care dressings, antibiotic medications, therapy devices, and others. Among these, the market is ruled by biologics, trailed by wound care dressings in 2023. Further, the biologics segment is anticipated to witness a greater growth rate during the forecast period.
North America Anticipated To Dominate The Global Market During Forecast Period
In 2023, the global diabetic foot ulcer (DFU) treatment market was ruled by North America. The growth of this region can be attributed to the increasing pool of diabetic patients and sufficient healthcare facilities in this region. Also, extended approval cycles and R&D are needed because of the capital-intensive nature of this region, which functions as a barrier to the expansion of the regional market. Nevertheless, the increasing implementation of innovative wound care devices and biologics for the treatment of diabetic foot ulcers will assist North America in maintaining its market supremacy during the forecast period. The second-biggest share in the global market is held by Europe, trailed by Asia Pacific. Asia Pacific will witness the maximum CAGR owing to the rising commonness of diabetes and a huge elderly population base in China and India, thus boosting the regional market growth.The global diabetic foot ulcer (DFU) treatment market is segmented as follows:
By Treatment Type
By Ulcer Type
By Region
About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to provide our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed