New York, NY, Feb. 06, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Diabetic Foot Ulcers and Pressure Ulcers Market by Type of Wound (Diabetic Foot Ulcer and Pressure Ulcer), by Treatment (Wound Care Dressings, Bio-Actives, and Wound Care Devices), and by End-User (Hospitals, Community Health Centers, Home Healthcare, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025”. According to the report, the global diabetic foot ulcers and pressure ulcers market was valued at USD 3,371 million in 2018 and is expected to generate around USD 5,265 million by 2025, at a CAGR of 6.6% between 2019 and 2025.
Diabetic foot ulcers have a significantly negative impact on patients and are highly prone to contamination, which can sometimes even lead to amputation. The best possible wound management treatment is essential for diabetic foot ulcers. For the most effective treatment of diabetic foot and pressure ulcers, a complete understanding of the wound, causes, risk, progression, and treatment is required by the clinicians.
Browse through 70 Tables & 21 Figures spread over 120 Pages and in-depth TOC on “Global Diabetic Foot Ulcers and Pressure Ulcers Market by Type, Size, Share, Industry Trends, Analysis and Forecast, 2018—2025”.
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The primary cause of diabetic foot ulcer is vascular and neuropathic changes in the patients suffering from diabetes, which also leads to chronic wounds owing to minor pressure or trauma. The growing prevalence of diabetes is the key factor anticipated to drive this market globally in the future. Chronic infirmities, such as neuropathic diseases, extended hospital stays, and abridged mobility are other factors likely to fuel the global diabetic foot ulcers and pressure ulcers market over the forecast timeline.
The global diabetic foot ulcers and pressure ulcers market is segmented based on the type of wound, treatment, and end-user. By type of wound, the global market is bifurcated into diabetic foot ulcer and pressure ulcer. The diabetic foot ulcer is further segmented into Grade 0, Grade 1, Grade 2, Grade 3, Grade 4, and Grade 5. The pressure ulcer segment is classified into Stage 1, Stage 2, Stage 3, and Stage 4. In 2017, the diabetic foot ulcer segment held the major share in the global market and is anticipated to dominate the market over the forecast time period as well. This can be attributed to the lack of preventive measures and increasing risk of diabetic foot ulcer among the diabetic population.
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By treatment, this global market is segmented into bio-actives, wound care dressings, and wound care devices. The bio-actives segment is further segmented into growth factors, skin substitutes, and skin grafts, and other bio-actives. The wound care dressings segment is sub-segmented into foam dressings, alginate dressings, surgical debridement, film dressings, hydrocolloid dressings, and hydrogel dressings. The wound care devices segment is further divided into ultrasound therapy, negative pressure wound therapy, and others. The wound care dressings segment held a major share in the global market in 2018, owing to the continuous use of wound dressing and the introduction of newer dressings with advanced technology. The end-user segment includes hospitals, community health centers, home healthcare, and others. Hospitals are further segmented into inpatient settings and outpatient settings. Hospitals held a substantial share of the global diabetic foot ulcers and pressure ulcers market in 2017. The inpatient settings sub-segment held a major share in the diabetic foot ulcers and pressure ulcers market globally.
By region, In 2017, North America held the major share, i.e., around 40%, of the global diabetic foot ulcers and pressure ulcers market and is anticipated dominate the market over the forecast time period as well. This can be attributed to the growing prevalence of pressure ulcers and diabetic foot ulcers, a growing number of surgical procedures, and rising geriatric population. According to the American Diabetes Association, diabetes affects about 30 million people in the U.S. alone and more than 415 million people globally. Moreover, the high adoption rate of technically advanced products and high government support to avail the required treatment are other key factors likely to contribute toward the North American diabetic foot ulcers and pressure ulcers market in the future.
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Europe held the second largest share in the global diabetic foot ulcers and pressure ulcers market in 2018, owing to the increasing number of surgical procedures performed and hospital admissions in Europe and high life expectancy in the region. Moreover, the presence of top players operating in the diabetic foot ulcers and pressure ulcers market in the region, high awareness about diabetic foot ulcer treatment are key factors likely to contribute notably toward the European diabetic foot ulcers and pressure ulcers market in the upcoming years.
The Asia Pacific region is expected to register the highest CAGR in the global diabetic foot ulcers and pressure ulcers market over the estimated timeframe. This can be attributed to the increasing availability and accessibility of healthcare facilities, high incidences of diabetes in China and India, and a large base of geriatric population in Japan. According to the IDF Diabetes Atlas, in 2017, about 82 million adults between 20 and 79 years were living with diabetes in Southeast Asia, demonstrating a regional prevalence of 8.5%. The high prevalence of diabetes and increasing disposable income in the region along with growing demand for advanced treatment for diabetic foot ulcer is expected to further propel this regional market in the future.
Browse the full “Diabetic Foot Ulcers and Pressure Ulcers Market by Type of Wound (Diabetic Foot Ulcer and Pressure Ulcer), by Treatment (Wound Care Dressings, Bio-Actives, and Wound Care Devices), and by End-User (Hospitals, Community Health Centers, Home Healthcare, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018—2025” Report at https://www.zionmarketresearch.com/report/diabetic-foot-ulcers-and-pressure-ulcers-market
The Middle East and Africa and Latin America held the lowest shares in the global diabetic foot ulcers and pressure ulcers market due to the high treatment cost and the lack of required healthcare experts in the regions.
Some key players of the global diabetic foot ulcers and pressure ulcers market are Smith & Nephew PLC, 3M Healthcare, Medline Industries, Inc., Organogenesis, Inc., BSN Medical GMBH, Acelity L.P., Molnlycke Health Care AB, ConvaTec, Inc., Coloplast A/S, and Medtronic PLC, among others.
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This report segments the global diabetic foot ulcers and pressure ulcers market into:
Global Diabetic Foot Ulcers and Pressure Ulcers Market: Type of Wound Analysis
- Diabetic Foot Ulcers
- Grade 0
- Grade 1
- Grade 2
- Grade 3
- Grade 4
- Grade 5
- Pressure Ulcers
- Stage 1
- Stage 2
- Stage 3
- Stage 4
Global Diabetic Foot Ulcers and Pressure Ulcers Market: Treatment Analysis
- Wound Care Dressings
- Surgical Debridement
- Foam Dressings
- Hydrocolloid Dressings
- Film Dressings
- Hydrogel Dressings
- Alginate Dressings
- Bio-Actives
- Skin Grafts and Skin Substitutes
- Growth Factors
- Others
- Wound Care Devices
- Negative Pressure Wound Therapy
- Ultrasound Therapy
- Others
Global Diabetic Foot Ulcers and Pressure Ulcers Market: End-User Analysis
- Hospital
- Inpatient Settings
- Outpatient Settings
- Community Health Centers
- Home Healthcare
- Others
Global Diabetic Foot Ulcers and Pressure Ulcers Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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