Sarasota, FL -- (SBWire) -- 02/08/2019 --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.
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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.
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.
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, the global diabetic foot ulcers and pressure ulcers market includes Latin America, North America, Asia Pacific, Europe, and the Middle East and Africa. 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. The Asia Pacific is expected to register the highest rate of growth in the global diabetic foot ulcers and pressure ulcers market in the future.
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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.
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
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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
Global Diabetic Foot Ulcers and Pressure Ulcers Market Is Expected to Reach Value Around $5,265 Million by 2025
Global diabetic foot ulcers and pressure ulcers market 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.