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Diabetic Foot Ulcers Treatment Market

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Diabetic foot ulcers is a common condition in diabetic patients. It is a disabling disorder, which might lead to amputation of the leg.
Diabetic Foot Ulcers Treatment Market by Ulcer
Type, Product Type, End User and by Geography Global Trends and Forecast to 2025
Diabetic foot ulcers is a common condition in diabetic patients. It is a disabling disorder, which
might lead to amputation of the leg. Mortality due to diabetic foot ulcers is high and chances
of recurrence of cured foot ulcers is also high and this in turn leads to increasing demand for
proper treatment of diabetic foot ulcers. Diabetic foot ulcer is caused due to neuropathic and
vascular changes in the patients with diabetes mellitus and diabetes insipidus, which also leads
to chronic foot wounds due to minor trauma or pressure. The treatment for diabetic foot ulcers
is divided into five stages: stage 1, which is a normal foot; stage 2, high risk foot; stage 3, an
ulcerated foot; stage 4, an infected foot; and stage 5, a necrotic foot. It is important to prevent
the development of diabetic foot ulcers in stage 1 and 2 while stage 3 require urgent treatment
management for foot ulcers.
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Rising prevalence of diabetes is a major factor driving growth of the diabetic foot ulcers
treatment market. As According to WHO, The number of people with diabetes has risen from
108 million in 1980 to 422 million in 2014. According to a report published by Center for
Disease Control and Prevention in 2017, over 100 million of the adults in the U.S. are suffering
from prediabetes or diabetes. The report has also stated that another 84.1 million have
prediabetes conditions, which if not treated may lead to type 2 diabetes within five years.
Furthermore, the CDC stated that between 60% and 70% of the people with diabetes suffers
from diabetic neuropathy annually, where the nerves of the feet and legs are mostly affected.
The global diabetic foot ulcers treatment market was valued at US$ 1,209.4 million in 2017 and
is expected to witness a robust CAGR of 9.4% over the forecast period (2017–2025).
Report includes chapters which deeply display the following deliverable about industry :
• Diabetic Foot Ulcers Treatment Market Research Objective and Assumption
• Diabetic Foot Ulcers Treatment Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Diabetic Foot Ulcers Treatment Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Diabetic Foot Ulcers Treatment Market, By Regions
• Diabetic Foot Ulcers Treatment Market Competition by Manufacturers including Production,
Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Diabetic Foot Ulcers Treatment Market Manufacturers Profiles/Analysis including Company
Basic Information, Manufacturing Base and Its Competitors.
• Diabetic Foot Ulcers Treatment Market Manufacturing Cost Analysis including Key Raw
Materials and Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Diabetic Foot Ulcers Treatment Market Forecast including Production, Consumption, Import
and Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Rising prevalence of diabetes is expected to favor growth of the diabetic foot ulcers treatment
market in the near future
North America accounted for the largest share in the global diabetic foot ulcers treatment
market, followed by Europe, in 2017. This is attributed to increasing prevalence of diabetes in
North America. According to Center for Disease Control and Prevention, diabetes was the
seventh leading cause of death in the U.S. in 2015 and 1.5 million new cases of diabetes were
diagnosed among people aged 18 years and older.
Furthermore, CDC partnered with various organizations to launch programs to create awareness
about diabetes. For instance, CDC established National Diabetes Prevention Program in 2010,
which provides a framework to prevent or delay type 2 diabetes efforts in the U.S., where this
program is still active and effective.
Market Dynamics
Diabetic foot ulcers treatment market is mainly driven by increasing prevalence of diabetes.
According to World Health Organization, it was estimated that 422 million adults were suffering
from diabetes, in 2014 globally. Furthermore, according to National Diabetes Statistics Report
2017, 30.3 million people in the U.S. have been estimated to have diabetes. This is expected to
favor growth of the diabetic foot ulcers treatment market.
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Some major players operating in the global diabetic foot ulcers treatment market include 3M
Healthcare, Coloplast A/S, B.Braun Melsungen AG, Acelity L.P. Inc., Smith & Nephew Plc.,
Medtronic Plc, ConvaTec Inc, and Mölnlycke Health Care.
About Coherent Market Insights
Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive
analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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Author
Alex Huge
Alex Huge335   documents Email
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